VN index ended 31 August 2007 with several points higher than the previous trading day. Investors hoped this was a "sign" of a recovery though the increase was slight.
And in this sensitive moment the Gov has officially approved the Draft for VCB IPO.
HSBC also issued a long-expected report, this time in line with hopes for a bounceback.
Domestic expectations come amid the White House and FED commitments to deter the crisis in the US housing market from setting in.
But some people who might be realistic (not over-optimistic huh ?) said the increase was due to the National holidays coming ahead and in addition was just a "temporary reaction" to the HSBC report issued 28 August.
And not until the market proves to be "clearer and more predictable", most investors will not dump their whole money into the net. Hence the market may fluctuate around 900 and we may not see any "drastic change", at least in 1 month time, I suppose.
Anyway I'm looking for the HSBC August 28 report. Smb help me ...
HSBC report posted
HSBC report with analysis posted here:
HSBC's Buy Report
If anyone needs the full report with charts etc please drop me a message.
contact
Rotational play in progress
VN stock market in the doldrum. $$$$$ diverted to real estate; especially top-end apartment/condo. Make $$$$$ while the sun shines!
VN stock market in the doldrum. $$$$$ diverted to real estate; e
Hi Tran and avery boby !
how are you all doing ?
don't you think VN INDEX. is bottoming ? and why we have to listening to an analyst recommemdations.Stock market of a country ,no one know what is going on correctly. only ideas over ideas. rummor over rummor.If they were right , they are not here at all .
he/she got nothing more than us.
good luck to all.
Thankx
mambohoc