KDH - OUTPERFORM - House sales on target - Update
  • 18 Apr 2014
  • Company Research
We downgrade our recommendation from BUY to OUTPERFORM as the share price increased 17.0% since our last update, but we maintain our RNAV-derived target price of VND17,900. Five weeks into sales, KDH sold 70 out of the 160 units at the Mega Residence proj