PVS: net profit could reach 2014 1,720 billion.

PVS has issued FINANCIAL STATEMENT fourth quarter of 2013, including revenue and profit was the fourth quarter reached 6,069 billion (down 5. 4% over the same period) and 533 billion (increased 46. 6% compared to the same period). Estimated for the whole year, sales reached 25,386 billion (up 3. 2% over the same period, exceeding 5. 8%), net profit totaled 1,628 billion (up 28.

9% over the same period, exceeding 100% of the plan). With the price today is 31,400\/cp and EPS reaches 2013 3,544, P\/E 2013 reached 8. 9 times. Note that although the 2013 profit rise sharply compared to 2012 but 2013 EPS decreased due to the company issuing more 148.

9 million shares in April, 2013. Through discussions with PVS, most likely the dividend rate will be adjusted in 2013 rising to 15% from 12% of the planned level and equal dividend in 2012, then the dividend rate, the price will be about 4. 8%. Research Division – VCBS KQKD expectation analysis 2014 tournament with contributions from two projects FSO Sea and FPSO (expected to come into operation from April) and accelerating the progress of projects in petroleum engineering services.

In addition, the added precautions about 492 billion Dung quat Ethanol project will contribute significantly to the BUSINESS results. US estimates net profit for shareholders in the parent company 2014 reaching 1,720 billion, according to which EPS 2014 = 3850 d\/cp, P\/E 2014 approximately 8.

2 times. Within a month, the stock price average PVS vibrations in the magnitude of the 26,500-31,600\/cp, the volume of dealings was 2,733,079 units, worth the average customer is 78.

5 billion\/session. Aurora-Companion.