Thread: Vietnam DONG VND

As Vietnam gears steadily upwards and the DONG is a relative to that surge, prospects are also appreciating in the housing sectors!!

Allgreen Properties (AG SP) 2Q07 results in line; enters Vietnam
S$1.58 HOLD Price Target : S$ 1.89

Allgreen reported a slight decline in revenue by 5% to S$121.8m, mainly due
to lower progressive sales recognition of its residential projects.
However, due to higher selling prices achieved for residential projects,
gross margin improved from 32% in 2Q06 to 39% in 2Q07. Net profit grew 45%
y-o-y to S$27.1m

Quotes are in Sing$$s nevertheless, the Asian boom is on the rise. Anyone interested in getting involved, let me know, as I am in there and watching gradually as it grows steadily... the economic eggs are in perfect incubation while waiting to hatch someday...not just yet some said, but what's the hurry as far as mine goes??

I'm not, just being patient as this DONG basket prospers on its own...

so what is everyone is saying about the dong could it go soon before the dinar?

Originally Posted by buddy54

so what is everyone is saying about the dong could it go soon before the dinar?

Hello buddy54.

We just don't know if, when or how much on the dinar or dong.