NEWS BITES ASIAN MARKETS
Binh Duong Trade and Development Joint Stock Company (HOSE:TDC), Vietnam's 10th largest engineering & construction company by market capitalisation, closed unchanged at VND9,200.0. Compared with the VN Index, which fell 1.2 points (or 0.2%) on the day, this was a relative price change of 0.2%. The volume was 0.4 times the average trading of 495,088 shares.
Bullish Signals
Fundamental measures by comparison with the sector average [in brackets] indicate Undervaluation:
- Return on Equity 15.1% [6.8%].
- Return on Assets 7% [1.7%].
- Return on Capital Employed 18.2% [15.6%].
Other Bullish Signals:
- The P/E of 4.9 multiplied by the P/NTA of 0.7 is 3.6. Being less than the Benjamin Graham benchmark of 22.5 the stock appears undervalued.
- Interest cover defined by EBIT/I is 72.3 times. This indicates it is less leveraged.
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.3. Compared with the rest of the market the stock is undervalued.
Description | Value | Rank In Market |
Interest Cover | 72.3 | In Top 6% |
MCap | US$92 million | In Top Quartile |
Total Debt to Equity | 0.2 | In Top Quartile |
Net Profit Margin % | 10.6 | In Top Quartile |
Price/MAP50 | 1.0 | In Top Quartile |
Note
Volume: there were 218,390 shares worth VND2 billion (US$200,918.8) traded.
Beta: the Beta of this stock is 1.1. A Beta greater than 1 suggests this is a high risk, high return stock with volatility greater than that of the market.
- It is at a discount of 38.7% to the 12-month high of VND15,000.0 on 10 May, 2012. It is also at a premium of 33.3% to the 12-month low of VND6,900.0 on 27 Nov, 2012.
- The present value of VND1,000 (PV1000) invested one year ago is VND994, including a capital loss of VND140 and dividend reinvested of VND134.
PV1000 | 1-week | 1-month | 1-year |
TDC.HOSE | 1,082 | 939 | 994 |
VN Index | 1,029 | 962 | 1,143 |
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
March 12: Binh Duong Trade and Development announces AGM
Binh Duong Trade and Development has announced its Annual General Meeting will take place on April 23, 2013.
February 20: TDC: Explanation for Business Result in Q4, 2012
[News Story] http://fpts.com.vn/EN/News/Domestic-News/Enterprise-News/Ho-Chi-Minh/2013/02/TDC_explanation-for-business-result-in-q4-2012/ Source: FPT Securities
January 15: Binh Duong Trade and Development director buys
Binh Duong Trade and Development (TDC.VN) director Huynh Van Thu bought 40,500 shares between December 11, 2012 and January 12, 2013. Huynh Van Thu previously held 340,000 shares and now holds 380,500 shares.
December 26: TDC: Closing Subsidiary
[News Story] Binh Duong Trade and Development Joint Stock Company has informed of the closing of a subsidiary as follows:Name of the office: Tan Thach My Co, ltd.Address: Lot I, Dong Khoi Street, Hoa Phu Ward, ThuDau MotTown, Binh Duong Province. Source: FPT Securities
November 30: TDC: Closing Hanoi Representative Office
[News Story] On November 29, 2012, Binh Duong Trade and Development Joint Stock Company (TDC) sent HOSE a notice of termination of operation of the representative office in Ha Noi City as follows:Office: Representative Office of Binh Duong Trade and Development Joint Stock Company in Ha Noi.Address: Room 604, 6th Floor, Noza Building,243 Cau Giay street,Dinh Vong ward, Cau Giay district, Ha Noi city, Viet Nam.
October 22: TDC: Report on the use of capital
[News Story] http://www.hsx.vn/hsx_en/Modules/News/NewsDetail.aspxid=94495 Source: HoChiMinh Stock Exchange
October 05: TDC: Change of Head Office Address
[News Story] Binh Duong Trade and Development Joint Stock Company disclosed the change of head office address from October 02, 2012 as follows:- New address: No. 26-27, Lot I, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot city, Binh Duong. Source: HoChiMinh Stock Exchange
ISIN: VN000000TDC4
VN:TDC;
Source: www.BuySellSignals.com
