TDN: Explanation for 5 consecutive ceiling-hitting sessions
On 04/02/2012, Vinacomin - DeoNai Coal JSC explained the stock ceiling hitting for 5 consecutive sessions from 30/01/2012 to 03/02/2012 as follows:
- Due to the current situation of Vietnam stock market, price of listed stocks including TDN have continuously went up.
- The operating results of 2011 are good. Profit before tax in Quarter IV/2011 is VND90 billion whereas Profit before tax in Quarter III/2011 is –VND32 billion.
- The consecutive stock ceiling hitting of TDN stock is subject to expectation of investors as well as general market trend, out of company’s control.
hnx
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