All our core companies recorded profits for the challenging corona year of 2021, although the earnings of ACV (airports) and VRE (mall operator) dropped. The Vietnamese brokers doubled their earnings,
PYN Elite was +2.7% in January, outperformed VN Index (-1.3%), driven by VRE, MBB and CTG. Vietnam market witnessed high volatility within the month: a few speculative stocks popular among
During the past few years, investors across the world have achieved excellent returns in the US market and in growth stocks in particular. Many investors can congratulate themselves for what
Vietnam finished 2021 as one of the top-performing markets globally with VN-Index +1.3% in Dec and +35.7% YTD. PYN Elite outperformed, with NAV +4.8% MoM and +42.7% YTD. This month,
According to its earning preview of today TPB had an excellent year 2021 despite the ongoing pandemic. ROE 22.61%. TPB’s capital adequacy ratio (CAR) is at 14% which allows the
We are still excited about the upside potential for the Vietnamese stock market. Here are the keynotes of our new Investor Letter: PYN Elite has performed well, but the big-cap