Suddenly hitting the floor, VFS shares of Nhat Viet Securities lost 23% in 7 sessions

The group of securities stocks in today's trading session (July 1) increased and decreased alternately with an average amplitude not too large. However, the surprise in the group was VFS stock of Nhat Viet Securities Corporation when this stock suddenly hit the floor for most of the trading session on July 1. The price board showed that there was no buying interest on this stock code in the afternoon session.

This stock spent most of the session at its lowest level of VND22,400/share, down 9.68%.

By the end of the session on July 1, VFS decreased by 9.68%, equivalent to 2.4 points, bringing the closing price to VND22,400/share. Near the end of the session, orders with higher prices were issued, recovering the decrease for VFS. At the end of the session, VFS was at VND22,700/share, down 8.47% in the session.

Trading performance of VFS shares since the beginning of the year

The VFS chart is showing a pine tree shape, starting with the session on June 10, this stock suddenly increased by 10%, and the following sessions brought VFS to its highest price of the year on June 20 with a closing price of VND 29,500/share.

Since June 25th, VFS has decreased for 5 consecutive sessions. Currently, the value of this stock has decreased by nearly 7 points, equivalent to a decrease of more than 23% compared to the peak reached in just 7 trading sessions.

This securities company is known as a member of the Amber Holding ecosystem. Nhat Viet Securities is currently chaired by Ms. Nghiem Phuong Nhi. Ms. Nhi is also the chairwoman of Hoa An Financial Investment JSC and the chairwoman of Amber Fund Management JSC. Hoa An Financial Investment JSC is also the largest shareholder of VFS with a holding ratio of over 17%.

Recently, VFS has been approved by the Vietnam Stock Exchange to become a member of individual corporate bond trading. At the same time, the company is also preparing to issue nearly 10.4 million shares to pay dividends for 2024 in the second and third quarters of 2025.

According to the previous plan, in addition to issuing shares to pay dividends, VFS will also offer 120 million shares to existing shareholders in the period of 2025 - 2026 to increase capital to nearly VND 2,600 billion.

It is expected that with the 1,200 billion VND earned from the above issuance, the company will use half to invest in proprietary trading activities and the rest to supplement margin lending activities.

Source: https://baodautu.vn/dot-ngot-giam-san-co-phieu-vfs-cua-chung-khoan-nhat-viet-mat-23-trong-7-phien-d318601.html