NDN [Non Rated] - Beneficiary of market recovery - Small Cap Research
  • 2015-05-15T00:00:00
  • Company Research
NDN is a leading local developer in the Danang residential real estate market, which is in the early stages of recovery. Rich dividend yield going forward (12% @ current market price). FY15 earnings target does not capture earnings growth potential thereafter. Valuation does not fully capture medium-term earnings potential.