GAS [MARKET PERFORM +9.8%] - Low volume and challenges to LNG to weigh on earnings - Update
  • 28 Dec 2023
  • Company Research
- We cut our target price (TP) for GAS by 9% to VND80,800/share and downgrade our rating from OUTPERFORM to MARKET PERFORM. Our lower TP is due to a 12% cut in our aggregate 2023-2027F NPAT-MI outweighing delays in capex for the Thi Vai LNG Terminal - Pha