Published Date: 24/04/2025
- Binh Duong is expected to develop strongly after merging into Ho Chi Minh City. As a leading enterprise, BCM has many advantages in Binh Duong;
- The new US tariff policy reduces demand for industrial land. The postponed capital issue affects investment and debt repayment plan. But the downside risks have been reflected in the stock price.
- We recommend ADD for BCM but reduce our target price to VND 72,500.
