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VOF Vinacapital Vietnam Opportunity Fund Ld

462.00
1.00 (0.22%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vinacapital Vietnam Opportunity Fund Ld LSE:VOF London Ordinary Share GG00BYXVT888 ORD $0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.22% 462.00 459.50 461.50 465.00 458.00 465.00 282,266 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust -10.43M -15.02M -0.0975 -47.23 709.64M
Vinacapital Vietnam Opportunity Fund Ld is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker VOF. The last closing price for Vinacapital Vietnam Oppo... was 461p. Over the last year, Vinacapital Vietnam Oppo... shares have traded in a share price range of 416.50p to 475.00p.

Vinacapital Vietnam Oppo... currently has 154,101,463 shares in issue. The market capitalisation of Vinacapital Vietnam Oppo... is £709.64 million. Vinacapital Vietnam Oppo... has a price to earnings ratio (PE ratio) of -47.23.

Vinacapital Vietnam Oppo... Share Discussion Threads

Showing 601 to 620 of 2000 messages
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DateSubjectAuthorDiscuss
22/2/2010
09:47
SKYSHIP - what are your current thoughts? Did you re-enter?
roman2325
17/2/2010
10:39
Bought back in to VOF today - don't anticipate much movement in the NAV over the next 12 months but would like to see something done to narrow the discount - will buy more if they dip substantially below $1.40..
roman2325
10/2/2010
13:51
NAV end-Jan $2.39 and the market is up about 2% since. Discount now almost 40%.
dickbush
03/2/2010
12:22
Interesting snippets from the Q4 report out today:

A priority for 2010 will be to actively close the share price discounts of our funds. We have a track record of realising exits above carrying value, and we believe 2010 will extend this record.

VOF's NAV at 31 December 2009 declined by 4.6 percent to USD785 million, or USD2.42 per share, from USD823 million, or USD2.53 per share, at the end of September. During the quarter, VOF saw several investees list, such as top capital markets holding Eximbank (EIB). The fund invested in Hoan My hospital group, its first private equity investment of the year. With a tightening of bank lending, more private companies are looking for strategic investors, and we expect PE deal activity to increase notably in 2010.

strollingmolby
25/1/2010
08:07
Director bought 50,000 at $1.65.
dickbush
19/1/2010
17:01
31-Dec update:

Vietnamese equity markets closed down 1.9 percent in December 2009, but for the year the VN Index posted a strong return of 56.8 percent. From the low in February 2009, the VN Index doubled, returning 110.8 percent over 10 months.

VOF only participated in 29.7% of the annual growth - was this due to cautious positioning ?


2010 Outlook

For 2010, most analysts remain cautiously optimistic on the macro economic outlook. Vietnam's exports are expected to continue to recover, helped by an attractive cost base. In asset markets, opportunities will likely remain in fixed income for the short term, as the state accelerates domestic and international borrowings to fund next year's budget (against a backdrop of double-digit bond yields and single-digit inflation forecasts). In equity markets, forward valuations are still attractive, with forward market PE under 13x and forecast 2011 PEs of approximately 11x in an environment of improving global economic growth and trade.

strollingmolby
11/1/2010
16:04
Thanks again.
pachandl
11/1/2010
15:56
I hold it on a rolling spread so i would get dividends but pay a small premium for the loan, for me its a good as holding the shares as i am happy with my position i.e would buy with cash. I have no stops co cant be taken out by gaps etc.

If you buy the share you have to pay fx to buy and sell unless you already have the USD. So for shares like this it can be cost effective as no fx, no commission, no stamp, no CGT.

Cheers

jonnyboy1
11/1/2010
15:43
Cheers Jonny but do you hold shares in VOf or just trade the margins?
pachandl
11/1/2010
13:44
i hold this through igindex, saves on the CGT. TDW will trade it but i struggle to recommend them as they are muppets albeit with access to a lot of markets
jonnyboy1
11/1/2010
13:38
Could anyone tell me which brokers trade this share - Hargreaves Lansdown will not take orders (online or on the phone). Thanks.
pachandl
05/1/2010
14:03
See page 14 of this report re. Vietnam Property funds- ASPL comes out particularly cheap
davebowler
05/1/2010
13:48
I've just dipped a toe here. Nice to have a little more non-UK/GBP exposure and it looks as though the Vietnamese economy is strengthening.

Not so keen on the performance fee being 2% of NAV though - especially with NAV being at $2.40. That's quite a tax ($0.048) on the current share price

I do like the long term story here though.

gb904150
05/1/2010
11:49
TokyoJohn , you have to call the helpdesk and put it through on the telephone .
substp
05/1/2010
11:34
Help please - why do i get a US$ price if I try to buy thru Barclays. Is there a £ price broker?
a2088340
05/1/2010
08:26
Anyone managed to buy these with Selftrade? All I get is errors.
tokyojohn
04/1/2010
11:55
nice move this am.

the ban on gold trading will drive more money back into the stock market.
Fastest growth in two years in Q4.
Rediculous dicount to NAV.

BUY

jonnyboy1
02/1/2010
18:09
Vietnam's growth picks up pace

Consumer spending is helping growth to pick up

Vietnam's economy grew at its fastest rate in two years in the fourth quarter, helped by government spending.

Hanoi's Statistics Office said economic growth expanded by 6.9% in the final three months of the year. That compares to 6.04% in the previous quarter.

In a statement, it said the economy "had passed the most difficult period".

tenapen
20/12/2009
00:23
Skyship
The shares ARE at circa 30% discount to NAV. The NAV is less volatile than the Vietnam Index because of its unquoted holdings. However, its underlying NAV is probably about the same. I get the feeling that because of the fund's very large size that the managers are well connected and get good deals on holdings in government owned companies well before they come public. So the fund should outperform the index over the long run.

dickbush
19/12/2009
14:28
SKYSHIP,
I have investments in India but i am excited about the opportunities that Africa as a continent offers. With its low wages and large land mass and most of it fertile land with good rainfall. I read that Saudi Arabia among others are buying 99yr leases on land to produce 'their own food' as i read again that food security will be most important in the coming years. Africa also as minerals a plenty and IMO it is underneath most investors radar and in the fullness of time, now could be seen as the start of a 'new dawn'. It will not be the first time that as been used in resect to Africa only for it to fall back into corruption and failure.

Please DYOR

Good luck in 2010, All

tenapen
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