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VEIL Vietnam Enterprise Investments Limited

578.00
-8.00 (-1.37%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vietnam Enterprise Investments Limited LSE:VEIL London Ordinary Share KYG9361H1092 ORD USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.00 -1.37% 578.00 577.00 580.00 591.00 578.00 591.00 51,017 16:02:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 199.84M 160.95M 0.8201 7.05 1.15B
Vietnam Enterprise Investments Limited is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker VEIL. The last closing price for Vietnam Enterprise Inves... was 586p. Over the last year, Vietnam Enterprise Inves... shares have traded in a share price range of 508.00p to 660.00p.

Vietnam Enterprise Inves... currently has 196,246,435 shares in issue. The market capitalisation of Vietnam Enterprise Inves... is £1.15 billion. Vietnam Enterprise Inves... has a price to earnings ratio (PE ratio) of 7.05.

Vietnam Enterprise Inves... Share Discussion Threads

Showing 51 to 74 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
19/9/2019
12:57
Breaking out of more than eighteen months consolidation below £5?
saucepan
26/6/2019
14:55
A 954k shares/£4m buy just happened. Not an every day occurance to say the least
lord mandelbaum
25/6/2019
13:35
CNBC doing a series of specials in Vietnam this week, focusing on supply chain shifting there from China, looking at the industries affected etc. All sounds very positive about prospects for the country and may well encourage more investors to Vn stocks which will be good for VEIL and VOF which have been pretty static of late, not working yet today, both well down!.
hydrogen economy
08/4/2019
11:11
The difficulty is always choosing the right companies at the right time and price that will benefit from the undoubted growth prospects of the country. Vinamilk, down 30%, was always a strange choice to me. As the Vietnamese grow wealthier it is more likely they will buy the more expensive foreign imports that they could not previously afford. Khang Dien House was a reliable investment as the construction here shows no sign of slowing. They and we are fairly reliant on the potential of an MSCI inclusion for a rerating here after a disappointing twelve months and a divergence from the global equity bounce since January. I continue to hold, for the moment, but I will be analysing their stock picks with greater scrutiny.
andyj
08/4/2019
09:29
From the outlook statement:

After a difficult 2018, most market participants have a cautious view of 2019. However, as we believe Vietnam's strong economic fundamentals and macro story are still largely intact, having already corrected to just 12.x times forward 2019's PER, there is a strong case for the stock market to find its footing in the year ahead. Additionally, the Government has reiterated its commitment to continue focusing on the long-term development of the financial market. The long-awaited covered warrant is due to be launched in 2019 whilst instructions have been issued to several major state-owned enterprises ("SOEs") to restructure their organisations in preparation for IPO. There is still an ample pipeline of private company IPOs and SOE privatisations however, heightened market volatility had halted this for much of the second half of 2018. As such, we believe that we are likely to see some of these opportunities returning to the market.

Within this market landscape we believe stock-picking, one of VEIL's unique strengths, will become more important than ever as the market becomes more diverged between the fundamentally good stocks and trading stocks. At the same time, we will continue to be active in screening for both IPO and SOE privatisation opportunities that can offer long-term growth at reasonable valuations. Finally, and as always, we remain committed to assisting our investees in unlocking value for the benefit of shareholders.

cfro
08/4/2019
09:28
Taken from today's report:

With our domestic market's valuation having experienced its recent correction to a more reasonable level, we are confident of our ability to execute on the strong long-term buying opportunity that has been created. With our top 60 companies expect to deliver 10.1% EPS growth of 12.9x forward earnings in 2019, below regional peers such as Thailand, the Philippines, Malaysia and Indonesia, we are able to offer investors good downside protection amidst sensitive global macro factors, all of which is underpinned by our unique expertise that will to allow us to unlock value for the benefit of shareholders.

cfro
12/3/2019
08:01
City of London Investment group picked up 10% of the shares Last Thursday, RNS released during the day yesterday so like me other could have been missed it.
interceptor2
08/3/2019
10:50
NAV - 518p
cfro
08/3/2019
08:08
I also took advantage yesterday with initial position, the fall should give a good risk/reward entry price with strong support at 390p only 10% lower.
interceptor2
07/3/2019
13:34
A few of us taking advantage today..

That has to be a fund in distress imo, otherwise why accept such a large discount to NAV.

cfro
07/3/2019
09:19
I bought at 426. Assume the seller had liquidity problems and this creates a short term opportunity to buy a very good long term investment at an absurd discount
mad foetus
07/3/2019
09:11
Agreed amt and suspect that the share price will recover over the next days / weeks. I've taken the opportunity to join you so lets hope so.
melody9999
07/3/2019
09:10
Unclear why APG sold, and more specifically why they did it in one hit in a way which guaranteed value realized would be well down on prevailing market price. As you note, this does not affect NAV which was at 522p last night, so put discount at 20%. have topped up as I can't see that being the case for very long.

dyor

hydrogen economy
07/3/2019
08:35
What the hell is going on here. Should reflect underlying assets? So why the huge discount
amt
07/3/2019
08:10
Well this livened things up, not in a good way, knocking 8%+ off the SP!



PRESS RELEASE


07 March 2019



Accelerated bookbuild offering of approx. 37 million existing shares in Vietnam Enterprise Investments Ltd



Further to the announcement released on 6 March 2019, Jefferies International Limited ("Jefferies") announces that funds managed and advised by APG Asset Management NV (the "APG Funds") have sold 37,028,177 existing ordinary shares in Vietnam Enterprise Investments Ltd ("VEIL"), representing 16.9% of VEIL's issued share capital, to institutional investors pursuant to an accelerated bookbuild process at a price of 415.5p per share (the "Transaction"). Jefferies acted as sole global coordinator and bookrunner on the Transaction.



Proceeds from the Transaction are payable in cash and closing of the Transaction will occur on a T+3 basis on 12 March 2019.



Following the closing of the Transaction, the APG Funds will no longer own shares in VEIL. VEIL will not receive any proceeds from the Transaction.

hydrogen economy
07/2/2019
01:33
These have become incredibly dull over the past six months!
andyj
03/8/2018
10:37
Veil looking cheap on basis of Vietnam
continuig strong trend so joined you here
with a small holding.

corguv
21/6/2018
08:13
Discount to NAV widened to 18%
Good time to pick-up.

sogoesit
29/5/2018
11:35
Added small amount at 4.41
andyj
29/5/2018
08:17
Big rise today though.
amt
28/5/2018
09:11
It was mentioned a few weeks back that the VN Index had got ahead of itself. The macro picture for Vietnam still looks good but does anyone have any feel for where the pull back will finish?
oldboffy1
28/5/2018
08:59
Well, VN index off by 3.4% today and off by 23% from ath's, so looking a bit sick now...
cfro
24/5/2018
00:53
Its at its most violent at the start and end, some of the lightning storms are truly magnificent, but it ends in late November and the start of the cold season when temperatures drop briefly below 30C.
andyj
23/5/2018
10:12
Thanks AJ,

I'll wait, too....
How long does the rainy season last?!

timnet
Chat Pages: 6  5  4  3  2  1

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