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INDUSTRIAL | Manufacturing / Industrial Machinery & Equipment Distribution
bossit.datc-group.com

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Stage

Growth Equity | Alive

About DATC

Provider of diamond and tungsten carbide drilling tools. The company also provides diamond drilling accessories and metallurgical products.

DATC Headquarter Location

Parc La Fayette

Besancon, 25000,

France

33 381 41 06 06

Latest DATC News

Last week: MSB denied merging PGBank, SeABank listed on HoSE

Mar 28, 2021

Last week: MSB denied merging PGBank, SeABank listed on HoSE 28/03/2021 What to expect from ‘wave’ of bank stocks? Recently, many banking stocks recorded a galloping increase. Specifically, statistics by the beginning of the 22/3 session showed that in the last 3 months, the VN-Index has increased by nearly 12%. Out of 23 banking stocks traded on the stock exchange, up to 16 stocks recorded stronger gains than the VN-Index, 4 stocks recorded a lower increase than the VN-Index and 3 stocks recorded a reduced price. BacABank’s BAB listed on HoSE on 3/3, after less than 3 weeks, the market price has increased by more than 82%. NVB shares of NCB Bank also increased by more than 73% in the past 3 months. Following are MSB shares of MSB, TCB of Techcombank and VPB of VPBank, all recording an increase of over 40%, with 50%, 44% and 43% of their value, respectively. Other stocks that recorded a higher increase than the VN-Index were VIB, LPB, MBB, NAB, ACB, CTG, TPB, STB, HDB, EIB and SHB. Four stocks that recorded a lower increase than VN-Index over the past 3 months are KLB, OCB, SGB and PGB. The first reason for these bank stocks to rise strongly in the past 3 months is the story of capital selling, typically at VPBank and LienVietPostBank. The second is the dividend story. Dividends outperformed the general market level, in the context of low interest rates, cash flow rushed into the stock channel, making banking stocks become “hotter” than most other industries. Fourth is the story of profit growth. In the recent published analysis report, SSI Securities Company stated a very remarkable judgment: the first quarter of 2021 will be the peak of bank profit growth compared to the same period of the previous year. In addition to the above stories, the market also rumbled many rumors about the bank “changing owner”, having a merger policy … also contributing to the attractiveness for bank shares. Along with that, it is impossible not to mention the recent positive news that 15 commercial banks in Vietnam have been upgraded by Moody’s. Auction failed, DATC registered to sell more than 4 million MSB shares on the stock exchange Vietnam Debt Trading Company Limited (DATC) registered to sell more than 4 million MSB shares, equivalent to 0.34% of its charter capital, by matching order via the stock exchange. Expected execution time is from April 6 to May 5. The purpose of the transaction is to divest in accordance with DATC’s regulations and 2021 business plan. After the transaction, DATC will reduce the number of shares owned by MSB to 309,651 units. This is the number of additional shares purchased under the option to buy has not been deposited. At the end of 2020, the DATC side has auctioned the whole lot of more than 4 million MSB shares with the starting price of the whole lot of more than 52.4 billion dong, equivalent to 13,000 dong / share. At that time, the Hanoi Stock Exchange (HNX) said that the auction was scheduled to take place on December 23, 2020. However, the auction was suspended at the request of DATC to make adjustments to the divestment plan at the listed company in accordance with the current law. At the same time the auction is scheduled to take place, MSB will list 1,175 billion shares on the Ho Chi Minh City Stock Exchange. HCM (HoSE) with the listing price of 15,000 VND / share. Meanwhile, the starting price announced by DATC is 13,000 VND / share, about 13.3% lower than the listing price of MSB. Previously, in May 2019, DATC once auctioned 4 million shares of MSB at the price of 11,800 dong / share. However, at that time, only 2 investors bought a total of 1,800 shares at an average price of 11,894 VND / share. MSB leaders denied rumors of merging PGBank In the second half of 2020, two consecutive employees of Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB), Mr. Hoang Xuan Hiep and Mr. Nguyen Phi Hung, were appointed to executive positions at Petroleum Bank. Petrolimex (PG Bank, UPCoM: PGB) led to rumors of a merger between these two banks. At MSB’s AGM held on March 24, Mr. Nguyen Hoang Linh, General Director of MSB, acknowledged the above problem, but he said that when they switched to PGBank, they had terminated their labor contracts with And MSB is no longer associated with this bank. MSB’s CEO also denied the merger rumor with PGBank before the questions of shareholders attending the meeting. Mr. Linh also mentioned the divestment plan at Community Finance Company Limited (FCCOM), in the context of the economy in general being negatively affected by the Covid-19 pandemic and the consumer lending segment in particular. In the past, there are also many risks. According to MSB management, the divestment plan is expected to be completed this year, the bank has also worked with a number of foreign partners on the sale of FCCOM capital. Sharing at the meeting, MSB’s management said that total revenue in the first quarter was estimated to grow at 65% compared to the same period in 2020. Net interest income increased by 38%, pre-tax profit was estimated at 1,200 billion VND. the first quarter, 4 times higher than the implementation rate in the first quarter of 2020. SeABank wants to lock foreign room at 0%, stocks hit the ceiling 20% in the session on HoSE On the morning of March 24, 2021, more than 1.2 billion SSB shares of Southeast Asia Commercial Joint Stock Bank (SeABank) were officially listed and traded on the Ho Chi Minh City Stock Exchange. HCM (HoSE). Reference price is 16,800 dong / share, equivalent to market capitalization of more than 20,306 billion dong. Speaking at the event, Ms. Nguyen Thi Nga, SeABank’s Standing Vice Chairman, said: The listing and trading of SeABank shares on HoSE is an important event in the banking development roadmap, recording New press in SeABank’s activities. When SeABank officially becomes a listed and traded company on the HoSE, with the participation of more than 1.2 billion potential shares such as SSB, it will help diversify the market and help domestic and foreign investors. the country has an additional attractive stock ticker. By 11pm on March 24, SSB shares of SeABank increased to the ceiling 20%, to VND20,150 / share, double the par value. In a recent development, SeABank has just announced to consult shareholders through the maximum rate of foreign ownership and amending and supplementing the charter. It is known that Article 30 of SeABank’s Charter on share ownership has no regulations on maximum foreign ownership ratio. SeABank proposes to add Clause 5, specifying the maximum foreign ownership rate is 0%, and at the same time assigns and authorizes the Board of Directors to decide to change the maximum foreign ownership ratio to ensure compliance. market movements and not exceeding the rate prescribed by law. The time to get shareholders’ written opinions will last until March 30, 2021. The State Bank ‘divides the group’ of commercial banks The State Bank recently issued a decision to approve the group of credit institutions and branches of foreign banks of systemic importance by 2021. Accordingly, 17 banks are classified into this “important” group, including: Bank for Agriculture and Rural Development of Vietnam (Agribank); Asia Commercial Bank (ACB); Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank); Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank); Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV); Southeast Asia Commercial Joint Stock Bank (SeABank); Vietnam Maritime Commercial Joint Stock Bank (MSB); Vietnam Technological and Commercial Joint Stock Bank (Techcombank); Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank). Besides, there are banks: City Development Joint Stock Commercial Bank. HCM (HDBank); Military Commercial Joint Stock Bank (MB); International Commercial Joint Stock Bank (VIB); Saigon Commercial Joint Stock Bank (SCB); Saigon – Hanoi Commercial Joint Stock Bank (SHB); Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank); Tien Phong Commercial Joint Stock Bank (TPBank); Vietnam Prosperity Joint Stock Commercial Bank (VPBank). Decision based on the Law on State Bank, Law on credit institutions, Decree No. 26/2014 / ND-CP, Circular No. 08/2017 / TT-NHNN and at the request of Chief Inspector, close to the bank. Source: vietnamfinance.vn – Translated by fintel.vn Surveyed at 9:30 this morning (March 27), the price of SJC gold bars at Saigon Jewelry Company Limited (SJC) is at the threshold of 54.9 – 55.40 million dong / tael, down 20 thousand dong / tael. volume in the afternoon purchased and increased 80 thousand VND / volume sold… In the newly released report, Rong Viet Securities (VDSC) has informed about the credit growth limit of some commercial banks in 2021. Accordingly, the initial credit growth limit of 2021 of most banks decreased by 1-2.5 percentage points compared to the original limit in 2020 and much lower than the… Accordingly, in terms of business plans, PNJ targets revenue of more than 21,000 billion VND and profit after tax of nearly 1,230 billion VND, increasing by 20% and 15% respectively compared to the implementation in 2020. Dividends are expected at a level 20%. Last year, PNJ recorded revenue of 17,511… Closing this week, the domestic and international gold prices both fell when the hope for a stronger recovery of the US economy was creating momentum for the USD, thereby putting pressure on the gold price. Artwork: Reuters. Domestic gold prices fell in the first session of the week as gold… In the list of 17 commercial banks in the Group of credit institutions and branches of foreign banks with systemic importance by 2021, there are 15 listed banks. Head office of the State Bank of Vietnam. (Photo: Quoc Thuy). The State Bank of Vietnam (SBV) has just issued a decision… While the cash flow was still busy trading speculative stocks such as “FLC family” (FLC, ART, KLF), FID, KVC, many stocks were plunging after a period of peak distribution such as FIT, RIC. Speculative stocks surfaced: FLC peaked at 8 years, bustling trading penny code on HNX In the last… Foreign investors net sold 1,060 billion dong on the stock market during the week from 22 to 26 March. VIC, MSB and GAS were all net bought strongly by foreign investors but mainly thanks to put-through transactions. VNM and CTG are still two names that have been strongly “discharged” by… Both foreign and proprietary trading of securities companies maintained their net selling status during the week from March 22 to 26. Although the transaction was in the same direction, the detailed transactions of net buying and selling transactions of foreign investors and proprietary trading were contradictory. GAS and two CCQ…

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