Vinacapital Vietnam Oppo... Share Discussion Threads

[roman2325] 23/11/2010 12:24

I didnt see that - Thanks Molby

[strollingmolby] 23/11/2010 12:16

Foreign investors sniff value in Vietnam


Mentions the discount the Vietnam market is on compared to other Asian markets, and HSBC, VinaCapital, Dragon Capital and PXP Asset Management are seeing a noticeable pick-up in interest from foreign investors

[roman2325] 05/11/2010 11:24

Didn't see this moving quite so quickly..

[roman2325] 04/11/2010 12:42

Yangou - you could well be write about the USD - in fact have hedged out a few dollars over the last couple of days as quite long US assets - pleasing to see VOF getting going despite the VN index less so

[roman2325] 29/10/2010 08:32

Just think QE2 won't be quite as punchy as has been priced in although I wasn't expecting GBP to rally quite so much over the last couple of days. Either way nice to see the share price tick up again today

[yangou] 28/10/2010 22:02

Not so sure about the dollar strengthening though roman2325

[roman2325] 28/10/2010 15:22

I agree with that - easy-pickings for those shareholders who were consulted however this should now attract new interest happy to buy more when funds permit..

[dickbush] 28/10/2010 15:05

Agreed, roman. I'm just a bit annoyed that the discount has closed continuously for a couple of months without any news, which suggests to me that some people knew this was coming.

[roman2325] 28/10/2010 13:49

Very encouraging RNS yesterday - I bought more

Am expecting $2 very soon and a strengthening dollar in the coming weeks should make this even more attractive..

[traderabc] 09/10/2010 10:26

Evaluating Vietnam as a Trade and Investment Destination
Submitted by Keith Rabin on Fri, 8 Oct 2010

Interview with Bradley LaLonde, Co-founder, Partner and CEO, Vietnam Partners, LLC.

Hello Brad, good to see you again. Before we begin can you tell us a bit about your background, how you came to be involved in Vietnam and the work of Vietnam Partners?

I moved to Vietnam in 1994 as CEO of Citbank Vietnam shortly after the trade embargo was lifted and lived there for 5 years. In 1999 I moved back to New York and worked for Citibank for 3 years and then left after a 23 year career to found Vietnam Partners with Jim Lewis, a former Morgan Stanley banker. We started with an office in NY and then expanded to Hanoi and Ho Chi Minh City. Our investments include the first foreign direct investment (FDI) into Vietnam's domestic securities industry consisting of a 10% holding in Saigon Securities, the largest private securities company in Vietnam. We also participated in a number of early privatizations and a joint venture to form a fund management company with the second largest bank in Vietnam.

[gb904150] 14/9/2010 20:00

yes, so VOF is on a 34% discount to NAV.

It has been for quite a long time - one of the reasons I chose to invest here.

Young, educated, low-cost, fast growth economy at a 34% discount to NAV.

As China demands higher wages, Vietnam should benefit from further re-outsourcing.

[enia] 14/9/2010 14:16

did nobody else see this ? 2.3 USdollars !
Net Asset Value



TIDMVOF

RNS Number : 4898S
VinaCapital Vietnam Opp. Fund Ld
10 September 2010

?
RNS
10 September 2010
VinaCapital Vietnam Opportunity Fund Limited (the "Company")
The Company announces that at close of business on 31 August 2010 its unaudited
net asset value per share was USD2.33.


This information is provided by RNS
The company news service from the London Stock Exchange
END

[roman2325] 06/9/2010 13:42

If the market's turning this is obviously the place to be

[roman2325] 23/8/2010 11:00

Didn't see that - thanks

[daz] 23/8/2010 10:06

Got mentioned in David Stevenson's article in the FT over the weekend, which probably explains the buys this morning.

[roman2325] 23/8/2010 09:32

VN Index gets hammered yet the share price is back above 150 - maybe a big buyer of the company just trying to lessen the (huge) discount

[roman2325] 13/8/2010 15:02

Good news yesterday - nice end of the week rally. Any others still in this?

[roman2325] 11/8/2010 10:14

Considering the VN index is down 5% on the month a fall in NAV of less than 2% is better than expected. Discount widening even further..

[roman2325] 28/7/2010 14:07

They're certainly talking the right language

[roman2325] 28/7/2010 14:06

Update on residential project sales and marketing



TIDMVOF TIDMVNL

RNS Number : 0579Q
VinaCapital Investment Management
28 July 2010

?


28 July 2010
For immediate release


VinaCapital Group

Update on residential project sales and marketing

Ho Chi Minh City - VinaCapital Group, a leading asset management, investment
banking and real estate firm focused on Vietnam, announces today the results of
sales and marketing of residential properties during the second quarter of 2010.

During the three month period ending 30 June 2010, a total of 136 sales
contracts and reservations were recorded at projects in Danang and Ho Chi Minh
City, representing a total value of almost USD29 million, comprising USD18
million in reservations and almost USD11 million in sales contracts.

This figure almost equals the USD36 million in sales contracts and reservations
recorded over the six month period spanning the fourth quarter of 2009 and first
quarter 2010. The conversion rate from reservations to sales is 80 percent on
average across all residential projects now selling.

The past quarter saw sales at the The Ocean Villas and Dunes Residences at the
Danang Beach Resort, and the The Azura Apartments at the World Trade Center
Danang. In the Ho Chi Minh City region, sales were recorded at The Garland in
District 9 and the Sen Phuong Nam Villas at the Dai Phuoc Lotus project, in Dong
Nai province.

All sales and marketing of VinaCapital-developed residential units occurs under
the VinaLiving brand, Vietnam's first tailored-living and lifestyle brand. The
brand will soon feature a trading floor with an integrated and highly customized
online and in-store sales interface.

"The launch of the VinaLiving brand is perfectly timed, as VinaCapital continues
to separate itself from the market and grow to become the industry-leading real
estate developer in Vietnam. The residential sales results in 2009 and 2010
to-date confirm that we are providing the right products in the right locations,
particularly the mid-range of the market that is seeing high demand from
Vietnam's rising middle class," says David Henry, Managing Director of
VinaCapital Real Estate Ltd.

"We have an extremely strong residential sector pipeline that will continue to
benefit from the high demand for quality housing going forward," David says.

The five projects with active sales have a total of 740 units in launched
phases, with 456 units remaining for sale. In addition, the upcoming quarter
will see the launch of sales and marketing at phase 1 of the My Gia Township
project in Nha Trang and the Norman Estates at the Danang Beach Resort. Total
sales revenue from these two projects is estimated at about USD75 million.

VinaLiving projects target both high-end and mid-range consumers, with the
Vietnam residential market currently supported by demographic trends, strong GDP
growth, rising personal incomes, and an expansion of the nascent mortgage
market.

VinaCapital Real Estate Ltd is the developer of real estate assets owned by
VinaLand Limited (VNL.L) and the Vietnam Opportunity Fund (VOF.L), two
AIM-traded closed-end funds managed by VinaCapital Investment Management Ltd.
VNL and VOF have invested in a 75/25 percent ratio, respectively, in all the
residential development projects mentioned above except The Garland, which is
wholly-owned by VNL.

Forward-looking statements:
This news release contains statements that constitute forward-looking statements
that include but are not limited to statements regarding the expected income
generated from residential real estate sales of both built and unbuilt
properties owned by funds managed by VinaCapital Group ("the Company"). Undue
reliance should not be placed on forward-looking statements. Forward-looking
statements are based on current expectations, estimates and projections that
involve a number of risks and uncertainties, which could cause actual results to
differ materially from those anticipated by the Company and described in the
forward-looking statements. These risks and uncertainties include but are not
limited to construction risks and delays, and unforeseen changes to general
economic and business conditions. Forward-looking statements are based on the
estimates and opinions of the Company's management at the time the statements
are made. The Company assumes no obligation to update forward-looking statements
should circumstances or management's estimates or opinions change, except as
required by law.

Notes to Editors:
VinaCapital Group is a leading asset management, investment banking and real
estate development firm with unrivalled experience in the Vietnam market.
VinaCapital Group was founded in 2003 and has grown from a single USD10 million
fund to a diversified investment firm with USD1.8 billion in assets under
management as of June 2010.

VinaCapital manages three closed-end funds trading on the AIM Market of the
London Stock Exchange. These are: VinaCapital Vietnam Opportunity Fund (VOF);
VinaLand Limited (VNL); and Vietnam Infrastructure Limited (VNI).
VinaCapital also co-manages the DFJ VinaCapital technology venture capital fund
with Draper Fisher Jurvetson. More information is available
at www.vinacapital.com.

[davidbh] 14/6/2010 21:45

140,000 traded today.
Who?
Why?
Any offers?

[roman2325] 09/6/2010 15:17

VN Index gets smashed, share price smashed yet NAV only off a touch.

These are cheap as chips

[roman2325] 09/6/2010 15:16

VinaCapital Vietnam Opportunity Fund Limited (the "Company")
The Company announces that at close of business on 31 May 2010 its unaudited net
asset value per share was USD2.44.