AAA - New factories support market expansion - Small Cap Research
  • 2017-03-16T17:39:39
  • Company Research
We recommend investors accumulate shares of AAA, the largest plastic packaging manufacturer in Vietnam, over the next three to six months due to a strong profit growth outlook. Expansion in US and Japan markets will boost revenue in 2017. We forecast 35.6% sales growth in 2017 based on company guidance, while management targets sales volume to grow 52.8% to reach 70,800 tons.