GDP GROWTH 3.82% Q1 DUE TO CORONA VIRUS

by finandlife29/03/2020 17:17

GDP growth is lower than expectation, 3.82% comparing to 4.5% due to corona virus. This is the time to adjust every variable in the valuation model, especially earnings growth.

Bull case, upside of Vietnamese stock market is 20%

Base case, downside is 5%

Bear case, downside is 31%.

Despite the sharp decline in the last 2 months, scenario analysis still show risk which is higher than reward at this price.

FINANDLIFE

Tags:

Economics | Psychology

AUTOFEED

DISCLAIMER

I am an Investment Manager at TOP 2 Securities Co., in Vietnam. I started working in investment field as a junior analyst at a Fund in 2007. I have more than 13 years of experience in investment analysis. I have a deep understanding of Vietnam macroeconomics, equity research, and seeking investment opportunities. Besides, I am a specialist in derivatives, ETF, and CW. This is my private Blog. I use this Blog to store information and share my personal views. I don't guarantee the certainty. And I am not responsible when the user uses the information from the Blog for trading/investing activities. If you have any questions, please feel free to contact me via email thuong.huynhngoc@gmail.com. 

Designed by: Nguyễn Chí Hiếu