GAS - BUY - Increase in gas volumes, LPG prices up - Update
  • 08 Aug 2012
  • Company Research
We reiterate a BUY with target price of VND47,300 (upside 21%). GAS earned VND2,403/share in 1H2012 hitting 76% of their full year guidance (VND3,150/share) on the back of volume and price increase. We had already thought the guidance was too conservative