CAD: Explanation for 5 consecutive ceiling-hitting sessions

Cadovimex Seafood Import - Export And Processing Joint Stock Company (CADOVIMEX - VIETNAM) (HOSE: CAD) explained the stock ceiling hitting for 5 consecutive sessions from November 25, 2010 to December 01, 2010 as follows:

• The company’s operations were stable and business results in quarter 3/2010 increased beside quarter 3/2009 but were not high in the 2010 plan.

• Investors expected in business results in quarter 4/2010.

• CAD stock price decreased under market trend in long time. After that, the CAD stock price increased because of effect from the market.

• The transactions of CAD stock has been on the HOSE and out of the company’s control. Therefore, the stock ceiling hitting for 5 consecutive sessions based on the change of market.

hose

>   TS4: Explanation for 10 consecutive ceiling-hitting sessions (17/01/2011)

>   TDC: Explanation for 5 consecutive ceiling-hitting sessions (17/01/2011)

>   Stocks increase on improved market liquidity (17/01/2011)

>   Stocks increase on improved market liquidity (17/01/2011)

>   Vietnam stock markets set for listing surge (17/01/2011)

>   Flurry of new listings offer huge opportunities (17/01/2011)

>   HOSE: Announcement of Lunar New Year & Hung Kings Holidays 2011 (14/01/2011)

>   Bao Viet earnings boost stocks (14/01/2011)

>   GGG: Extension of time for share purchase in seasoned issue (13/01/2011)

>   HNX: Stocks with 5 consecutive floor - plunging sessions (12/01/2011)