VIET NAM ENGINE&AGRI MACHINE
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VEA Long (Upcom Vietnam Market)

61
Investment Thesis
Support
• Fundamental surprisingly good with annual ROA & ROE >20%
• Continuing foreign large net purchase
• Positive Technical View

Vietnam is transforming from agricultural-based business to manufacturing.
Conventional farming would be replaced by more efficient way of farming.

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TP1 : 60,000
TP2: 72,000
TP3: 80,000
TP4: 100,000

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