Added to YB: 2025-02-11
Pitch date: 2024-12-27
STB.VN [bullish]
Saigon Thuong Tin Commercial Joint Stock Bank
+3.48%
current return
Author Info
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Company Info
Saigon Thuong Tin Commercial Joint Stock Bank provides various banking products and services to individual and corporate clients.
Market Cap
VND 70.6T
Pitch Price
VND 37.4K
Price Target
110.3K (+185%)
Dividend
N/A
Sector
Banks
Category
turnaround
Show full summary:
Saigon Thuong Tin Commercial Joint Stock Bank - $STB.VN
STB.VN: Large Vietnamese bank nearing end of 10-year restructuring. 32.5% stake auction key catalyst. Potential for significant provision reversals (~VND17.5bn over 3 years) and improved financials post-restructuring. Trading at 1.3x BV, 7.3x P/E. Bull case: 2x upside in 24-36 months. Risks: emerging market, financial sector.
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