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Title: Vietnam Export Import Commercial Joint Stock Bank Report
Category: Companies
Source: VPBank Securities
Sector: Financials
Company: Vietnam Export Import Commercial Joint Stock Bank
Detail:
Date: 1/29/2015 Pages: 3 Language: English File Type: Size: 283 Kb
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Summary:

For  the past  few weeks, banking stocks have rallied and outperformed the VN-Index. Going with the momentum, EIB  stock has also extended a strong gain of  10%,  increasing  from VND13,000 on  January  16,  2014,  the day VPBS published  our  initiating report on  the  stock,  to VND14,300 in January  29,  2014. At  this price, EIB  stock is 20.4% higher than our  target  price of  VND11,400 and  the total  expected  return will  be  -16.3%  (including  an  expected dividend yield of 4.2%).

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