Member Info for kulabkhan

Thani-Stratex was and is dismissed and ignored by Stratex Board really a joke with the same old Chairman who despised and resisted shareholders for promoting a larger share of Thani-Stratex over Stratex Board’s smelly and ignominious disastrous Crusader deal and since then the new Exec Chairman has continued to push away from Thani-Stratex looking for some unknown new venture to invest in, a grossly mismanaged company that has rewarded the Board at huge cost to shareholders. Recovery for whom not us no way

First Quarter Exports from Vietnam rose strongly up 24.8 % year on year.

Great day monday for Vietnam Stock Exchange closed up another 1.89% at new all time peak 1196.61. One Year Return 70.2%. Year todate Return 21.58%. (Source Bloomberg) Vietnamese Industrial production first quarter 2018 shoots up 11.6 per cent. (Source Vietstock Financial Communications) Vietnamese consumer confidence finished 2017 on a high note, helping the country to rank as the seventh most optimistic country in the world. (Source Conference Board Global Consumer Confidence Survey) Viet Nam posted year-on-year GDP growth of 7.38 per cent in the first quarter of 2018, the best first-quarter performance in the last ten years, backed by growth in manufacturing and agriculture. (Source Vietstock Financial Communications). General: Fears of a trade war between the US and China have rocked global stock markets in recent sessions, but little effect on Viet Nam�s securities market growth as the market is on solid footing and is increasingly reliant on domestic demand. (VietStock) China and Vietnam should settle their disputes in the South China Sea through talks and move to jointly exploit its waters, Chinese Foreign Minister Wang Yi said. "We have agreed that settling the maritime issues is extremely important for the healthy and sustainable development of bilateral relations," he told reporters. Bilateral trade exceeded $130 billion last year.

Correction close up 2% new closing high

Vnindex resumes upward trend plus 1.57% at close. of market today

Closed down just 1.6% after 9 days of straight gains. ‘A safe haven’ ?.

Globally a weak market today after Trump China spat. Vietnam Market has had 9 straight trading days of gains and at this moment (before the close) is off 1.84% which is better than most international markets. Nothing has changed for Vietnam with very strong growth and a key player in the South China Seas. The most compelling growth story.

Up again at closing high at this moment the gain since the start of the year is 19.42% on the Vietnam Vnindex Stock Market Index. Source Bloomberg

Vnindex Stock Market up 18.81% since start of year and up 67.26% over 12 months. Source Bloomberg. VOF share price undervalues growth of Vietnam stock market, economy, GDP, profits, cash flow and rising prosperity. Second VOF bi-annual dividend announcement in April

Not a down day for seven days, including today.

Excessive Admin and pay, financed by bad decisions and asset sales now heading for the final desperate dilution for shareholders.

Vietnam Stock Market "Shares on the Vnindex Ho Chi Minh Index rose for the 4th day this week closing at 1138.76 for a year to date return of 15.70% and a 1 year return of 64.06% (Source Bloomberg). HANOI, March 12 (Reuters) - Vietnam�s economy is likely to grow by 7.41 percent in the first quarter this year, led by robust exports and tourism, according to Prime Minister Nguyen Xuan Phuc, a statement posted on a government website said on Monday. The tourism sector in the January-March period likely grew by 60 percent while total trade will be up by 40 percent from a year earlier, Phuc told a gathering of Vietnamese during an official visit to New Zealand, it added. If achieved, the figure would be the highest first quarter growth in years, well above the expansion of 5.15 percent in the first quarter of last year. Vietnam�s growth is often lower in the first quarter than the rest of the year, due to a week-long holiday for the Lunar New Year, which often falls in February. Phuc also said Vietnam is likely to post a trade surplus of nearly $2 billion in the three-month period, according to the statement." VOF which now pays twice yearly dividends expected to be around 2.02% this year VOF is now trading at a discount of 18.98% to net asset value.

Strong Market Vnindex closed 2.45% up today.

After the Close for £9.5 Million.

Japanese newswire Nikkei reported that the Japanese government and more than 20 large Japanese firms including Sumitomo, Mitsubishi, Panasonic, and Tokyo Metro are planning to join a gigantic project worth over $37 billion to build a smart city project in northern Hanoi. The 310-hectarea project, with property developer BRG being the Vietnamese partner, is expected to be completed in 2023. It is also expected that in October 2018, construction starts on about 7,000 buildings. Early this month, leading steel maker Hoa Phat Group, teamed up with Italy's Danieli, one of the world largest suppliers of metallurgical equipment, on a giant stainless steel production project. The project will have a designed capacity of 600,000 tonnes per annum, which could be increased to one million tonnes per annum. Cho Hyun Joon, chairman of leading South Korean textile and chemical firm Hyosung, said that the group commits to strengthening co-operation with Vietnam, not only in processing pdex and yarn for automotive tyres, but also in chemicals and heavy industries. Last year, Hyosung poured a total of $1.3 billion into a polypropylene manufacturing plant and liquefied petroleum gas (LPG) underground storage facility in Cai Mep Industrial Zone in the early this year, Japanese industrial giant Mitsubishi Motors unveiled a plan to build its second automotive manufacturing facility in Vietnam, valued at $250 million in total investment capital. The plant is slated to be completed in 2020 with an annual production capacity ranging from 30,000 to 50,000 car units, serving both domestic and export markets. According to a recent Dong Nai Department of Planning and Investment report, the southern province solicited $62.2 million in foreign direct investment (FDI) capital in the first month of the year, a 50 per cent jump on-year. Source VietStock News Today

Strong prospects as economy heats up In 2016, the American PE firm also partnered with VinaCapital in a $300-million joint venture for hospitality investments across Southeast Asia. The joint venture then bought out Hanoi-based Sofitel Legend Metropole Hotel from VinaCapital in last February. Standard Chartered Bank forecasts that Vietnam�s GDP will grow by at least 6.8 per cent this year, with inflation and foreign exchange rates remaining stable. About half of the 100-million Vietnamese population is now under 30, and at least 33 million people are expected to become middle-class consumers by 2020. Consumption in the country is booming as disposable incomes increase. With this in mind, PE investors are about to strike when the iron is hot. In a recent note to investors, Andy Ho, chief investment officer of VinaCapital, noted that PE deals will take up 20 per cent of Vietnam Opportunity Fund within the next three years, compared to the current 8.1 per cent threshold. �Vietnam Opportunity Fund is focusing PE investments in the consumer and infrastructure sectors to gain exposure to Vietnam�s growing middle class and the government�s infrastructure spending over the next five years,� wrote Ho. Rising investors� attention also makes it easier for current PE investors to make a profitable exit. Mekong Capital, for example, collected $79 million in net proceeds from its withdrawals during the first ten months of 2017. In the Mobile World sale to Creador last month, the PE fund recorded a historic internal returns rate of 61.1 per cent, one of the highest ever in Asia. Source VietStock News today.

Vnindex up 2.59% today

The Vietnam stock market re-opens tomorrow after the Linar New Year Holidays.

Altintepe and GRL assets flogged off, then £4.5million spent in short order on admin and fees. Stratex SP on the floor. The shareholders of Stratex demonstrated their distasteand voted down Crusader and Englebrecht at Stratex General Meeting. Enjoy your Crusader meeting at Proactive on the bandwagon drive for an Aim Listing.

Don’t be silly ABLE First Robbiefalcon’s Post was perfectly valid being a report in the DTMining and of interest to Stratex shareholders. I addressed your post ABLE which as usual was entirely promoting Crusader. The losses that Stratex suffered under Englebrecht and under Hallam’s as Corporate advisors in the Crusader misadventure are appalling and you know it, as will all Stratex shareholders when the accounts are published.