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~20080902 1635
~ 20080901 15:05
Yes Scotty, it is risky.
Vietnamese shares were the worst performers in the world in the first half 2008 - after they were more than tripled from end 2005 to end 2007. I think the bad fall was due to soaring inflation, rising interest rates and global turmoil took a toll. I see their stock market has recovered a bit, and for those interested to diversify their portfolio into Vietnam, I think AA ZPC is a good platform after I tried loaded with a few lots. To me, is really like buying share, but trade with what I think they called "market maker". That concept is new to me until I experienced.
Isn't vietnam very risky?
The price (index) has recovered from about 35 cents since around mid-June 08. Yes, still far below its peak around 8 months ago...
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AA ZPC VIETNAM100728 AA ZPC VIETNAM100728
26/08/2008 09:31
|
Last
0.500 |
Change
- |
High
- |
Open
- |
Cumulative Volume
0 |
Percent Change
- |
Low
- |
Yesterday's Close
0.500 |
Cumulative Value
0 |
Remarks
|
Buy Volume
100,000 |
Buy Price
0.540 |
Sell Price
0.570 |
Sell Volume
100,000 |
Those who are keen in Vietnam market might want to take a look at the zero certificate :
AA ZPC VIETNAM100728
Last Date/ Time to submit Subscription Notice
|
|
| Listing Date |
23 AUG 2007 |
| Expiry Date |
28 JUL 2010 |
 |
|
|
|
Have copied the following info from AA web site - fyi :
The ABN AMRO VIETNAM PRICE RETURN INDEX is currently comprised of 15 large Vietnamese stocks. Selected stocks must have a minimum market capitalisation of USD 100 million and also a minimum daily trading liquidity. The current composition is broadly diversified and includes companies in the telecommunications, food and beverage, oil and gas, power generation, real estate, logistics, pharmaceuticals and manufacturing industries |
