MWG [BUY +32%] – Core business rollout has more legs than previous estimates
  • 16 Dec 2015
  • Company Research
MWG announced optimistic FY16 guidance including revenue of VND 34,166b and NPAT of VND 1,388b, 17% and 14% higher than our previous respective forecast. We attribute the discrepancy between MWG’s guidance and our old forecast to our conservative assumpti