NLG [BUY +30.5%] - Hoang Nam sale and solid deliveries to fuel 2018 growth - Update
  • 31 Oct 2017
  • Company Research
We reiterate a BUY rating and target price of VND33,300 per share for NLG (prices are adjusted for the upcoming 5:1 rights issue with the issue price at VND20,000 per share). Well-expected deliveries at Fuji and Kikyo Residence in Q4 2017 will mainly supp