POW [BUY +24.9%] - Full operation of Vung Ang plant to boost 2023 growth - Update
  • 15 Feb 2023
  • Company Research
- We raise our target price (TP) for POW by 3% to VND14,800/share and maintain our BUY rating. We view POW as a solid play on Vietnam’s resilient power consumption and structural transition to LNG with its future Nhon Trach 3 & 4 LNG-fired plants. - Our h