BCI - ADD - Past prudence still rewards - Update
  • 2012-05-14T00:00:00
  • Company Research
BCI remain in our real estate conviction list. We continue to recommend BCI with a NAV-derived target price of VND27,000, representing an upside of 16.9% despite the 50% price rally since our update report in November 2011. This target price is an upward revision from our previous valuation of VND22,900.