DXG [MARKET PERFORM +7.6%] - Gem Riverside and Gem Sky World relaunches to fuel presales - Update
  • 22 Aug 2024
  • Company Research
- We maintain our MARKET PERFORM rating for DXG while lowering our target price by 9% to VND17,000/share, mainly due to (1) our slower presales projection for Gem Sky World (GSW) in 2024-2026F, (2) a higher net-debt balance at end-Q2 2024, and (3) a lower