Vietnam Share Discussion Threads

[grippa] 28/2/2007 08:58

4.48% premium to last months NAV!! Much better value!

[don muang] 12/2/2007 16:30

note also that "VNH will also strive to improve the social welfare of Vietnam's children through the work of its charitable Foundation"

[grippa] 12/2/2007 16:27

I went on VNH website for the first time today. Great photos! very nice website.

[don muang] 12/2/2007 16:21

Vietnam Investor Report


RNS Number:1209R
VietNam Holding Limited
12 February 2007

Vietnam Holding Limited (the "Company")

Investor Report

A report detailing the activities of the Company for the month of January 2007
has been issued by Vietnam Holding Asset Management Limited, the investment
manager of the Company. Electronic copies of the report have been made
available to shareholders on the Company's website at
www.vietnamholding.com/News.htm


(seems it's now 32.9% invested)

[don muang] 06/2/2007 16:03

NAV for end Jan announced at US$ 2.239 for VNH.
So with mid-price presently at $ 2.91 we get a premium of about 30%.

also announced today the VOF NAV for end Jan. That was $2.92. So with mid-price $ 3.992 gives a premium for VOF of about 37%.

Those mid-prices are as at 16.00 at which time VNH was up 2.1% and VOF down 2.6% so far today.

Perhaps by next NAV announcement the differential in premiums between VNH and VOF will be even less...

[Abuse team] 04/2/2007 03:18

Post removed by ADVFN

[don muang] 03/2/2007 11:22

Swiss-based Asset Management Consulting AG Aaa has received approval to open a representative office in Ho Chi Minh City and invest in the Vietnamese stock market....


So the Swiss still seem keen to invest in Vietnam. Asset Management Consulting AG and Vietnam Holding Asset Management Ltd (the company who manages VNH fund) will both have offices in Zurich and Ho Chi Minh City.

[don muang] 31/1/2007 11:40

interesting spread presently .... 2.82 / 2.83 - can't recall a time I've seen it as small ....

[don muang] 30/1/2007 06:57

yeep, does look like short term positive sentiment has returnd - as the index is back over the 1,000 mark today: 1,022.40 ( +26.850 / +2.697%)

[don muang] 29/1/2007 15:06

with sentiment the way it is .... perhaps not .... unless there is a macro crisis ....

[grippa] 29/1/2007 14:45

Missed the correction! However we actually have'nt seen much of a correction in HCM index. Think we might get another chance to pick up some cheaper shares?

[don muang] 25/1/2007 10:10

number of VN funds available to purchase in UK are limited... (LDC are not proceeding with their VN fund now). so unless sentiment tanks completely then we can expect some sort of premium on VNH for the foreseeable future. perhaps the premium will settle down in the 10 - 15% range. then we can look forward to the share price increasing as Vietnam establishes itself in the China/Asian Century...

[huntie2] 25/1/2007 08:29

pullback to be expected, hopefully market/stock will form a base to enable further long term solid gains. will certainly be holding long term!

[don muang] 24/1/2007 10:41

that's what exuberance does ....
however, don't think there'll be any more months with 50% gains in them .... I'll settle for average compound increase of 50% per annum from now on ....

[grippa] 24/1/2007 10:36

50% in a month!!! Crazy

[don muang] 24/1/2007 09:03

well, slight downward move this morning: 1,016.39 (-24.310 /-2.336%)

not sure it's a good sign seeing this in newspaper articles:
"securities companies remain optimistic about the upward market trend, forecasting the index would rocket to 1,500 points this month as investors continued to open new accounts for stock trading"

[huntie2] 23/1/2007 08:16

onwards and still upwards......surely a short term correction due soon!

[don muang] 23/1/2007 08:00

"Asian shares close mixed, sentiment negative after Wall St fall".

However, despite US falling last night, then VN made new high this morning ...
Value 1,040.70. Change 13.000 (1.265%).

[don muang] 22/1/2007 17:01

not bad for today ... VNH up 5.2% (VOF up 0.5%)

so nowlet's see what happens to the US markets this evening and VN tomorrow morning ....

[don muang] 22/1/2007 13:43

PS: The following Bloomberg page updates once per day (after the VN exchange has closed) to give that days VN Index:


as you can see, the index has already increased tenfold in less than seven years ....

[don muang] 22/1/2007 13:35

Hi, Simon. Long term .... great potential with many of the state owned industries being partially privatised over the next few years - but short term all on sentiment - which as you know is presently 'exhuberant'. Could continue up short term as well if no significant negative local or macroeconomic 'events'. So not sure if I'd buy in now if not already a holder -but happy to continue to hold indefinitely.
With it being a $ Euroclear stock then costs in £ really don't make it worth 'trading' in/out of it unless you think there'll be major short term moves.

[mart] 22/1/2007 13:34

Nice to see the chart trending so strongly; happy to remain holding.

[simon gordon] 22/1/2007 13:26

Hi Don

What are your thoughts on the state of the Nam economy - is it close to overheating?

I see VNH make a very healthy cut for managing the fund. It's a pity no iShare is available.

The JP Morgan Fleming investment trusts for Russia and India have just about trebled since 2004 - could VNH achieve this?

Thank you