We maintain our BUY rating on AST and trim our target price (TP) 3.4% to VND84,500. Our lower TP mainly reflects our lower same store sales growth (SSSG) assumption, as we continue to see negative trends in growth in international arrivals. This results in a reduction in our revenue and NPAT 2018-2023 CAGR forecasts to 15% and 6.1% vs our previous forecasts of 16% and 8.0%, respectively. This is partially offset by the positive impact from rolling over our valuation. We forecast 2019/2020