VPH: Explanation for peaking at the ceiling price
Van Phat Hung Corporation has explained about peaking at the ceiling price in 10 consecutive trading sessions from February 20, 2012 to March 02, 2012 as follows:
- VPH stock increased according the strong uptrend of the market recently - VPH stock fell deeply because the continuous downtrend of the stock market in 2011 and because the notes of KPMG in the 06 months audited financial statements but the company has completed restructuring VND402 billion to medium and long term borrowings. - In the past time, however many difficult but the company still trying to implement engagement with client and the construction process of La Casa complex and has completed the 23th floor of Block 1A & Block 1B. - Besides, the fluctuation of market price of VPH stock obeys the law of supply and demand. This is out of control of the company
- VPH stock increased according the strong uptrend of the market recently
- VPH stock fell deeply because the continuous downtrend of the stock market in 2011 and because the notes of KPMG in the 06 months audited financial statements but the company has completed restructuring VND402 billion to medium and long term borrowings.
- In the past time, however many difficult but the company still trying to implement engagement with client and the construction process of La Casa complex and has completed the 23th floor of Block 1A & Block 1B.
- Besides, the fluctuation of market price of VPH stock obeys the law of supply and demand. This is out of control of the company
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