Gia Co Phieu

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Category: Business and Industry

Date Submitted: 05/22/2016 10:54 AM

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Gia giu nguyen => nha da utu k co ky vong nhiu (viec tang giam gia duoc danh gia dua tren capital gain)

Applying comparable methods may be very simple and not be affected by over or under estimated data, so estimating a share price by using this method cannot be manipulated by company managers. However, a negative point is that estimating stock price relying on this method depends too much on market price. Therefore, at that time P/E of ACB may be very high, but it maintains just in a very short time and depends too much on the market. (at that time la khi nao??? Qua khu???)

By observing ACB share’s price during a long period, we concluded that its price highly fluctuates in 2012 because of Bau Kien scandal. After that, share price slightly incresed and did not fluctuate much because investors’ psychology was stabilized. Nevertheless, investors did not expect a breakthrough. There was no sharply fluctuation in share price (Qua khu)

According to the chart, share price rose sharply in July 2015. There were a lot of reasons to support that trend. Firstly, the M & A activity and restructuring banks were culminated. With bad debts, banks tried their best to lower bad debt ratio as much as possible. They targeted to get the ratio under 3% by the end of that year. Second, according to data from State bank, credit growth increased significantly over the past 3 years with an increase of nearly 6.1% as of 18th June. Following this trend, ACB shares also rose sharply. ACB's stock price has increased from 14,700 VND / share to $ 23,600 / share just in the first seven months of 2015. We see that ACB stocks were strongly recovering again after a period of declining due to the bank’s own problems as well as the overall system problems. ACB is currently being evaluated fairly well not only from national experts but also foreign organizations. Recently, Fitch, one of the three biggest credit rating organizations in the U.S , kept ACB at the same rank as before. It believed...