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Valuation and some recommendations for PINACO JSC stakeholders

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Nội dung chi tiết: Valuation and some recommendations for PINACO JSC stakeholders

Valuation and some recommendations for PINACO JSC stakeholders

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders ze of the market is still relatively small and there is a lot of potential for a future boom. In order to create a healthy competitive market, special

ized analytical studies arc required, especially studies on market volatility, changes in business lines, price fluctuations of the stock, the risks o Valuation and some recommendations for PINACO JSC stakeholders

f investors when entering the stock market. Recognizing this, I decided to choose the subject: “ALTERNATIVE METHOD TO DETERMINING INTRINSIC VALUE: THE

Valuation and some recommendations for PINACO JSC stakeholders

CASE OF PINACO - DRY CELL AND STORAGE BATTERY COPORATION”. PAC shares are one of the stocks that have received a lot of market attention, including i

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders asymmetric information phenomenon in the market. So. 1 make this report with the aim of providing the most objective, unbiased information about the P

AC stock code combined with the investment advice of the clients of the internship-company and small investors in the market. In addition, the report Valuation and some recommendations for PINACO JSC stakeholders

also shows a part of the process of securities investment analysis and securities dealing at the company, thereby helping the company to perfect these

Valuation and some recommendations for PINACO JSC stakeholders

processes.The content of this report mainly focused on analyzing performance of PINACO over years, combine with the fluctuation of macroeconomic and

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders calculation of the other pricing report of securities companies to have an objectivity look about PINACO stock.1 have tried to be extremely meticulou

s in preparing this report despite the various limitations faced as very limited information about surgical industry.21Objectives of the study and res Valuation and some recommendations for PINACO JSC stakeholders

earch questionResearch on a number of theoretical issues on company value and valuation, methods of company valuation and application of those methods

Valuation and some recommendations for PINACO JSC stakeholders

to valuation of PINACO JSC. It then draws on the experience of the analysis and valuation to be able to properly value the value of the businessSugge

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders tify the fair value of PINACO JSC”2Sub jects of study scopeThe thesis focuses mainly on the application of valuation methods to PINACO Joint Stock Com

pany, which originated from the research of business activities of the company from 2015 - 2019. with the company's future plans to assess its financi Valuation and some recommendations for PINACO JSC stakeholders

al position and determine its value through future cash flow projections and comparisons with other peers.4Research MethodologyTo clarify the research

Valuation and some recommendations for PINACO JSC stakeholders

topic, the thesis mainly uses the following methods: comparison method, synthesis method, descriptive method, analytical method, predictive method. T

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders e of the thesisIn addition to the table of contents, preamble, conclusion, list of references and annex tables, the thesis consists of three chapters:

Chapter 1: Literature reviewChapter 2: PINACO financial analysis3Chapter 3: Valuation and some recommendations for PINACO JSC stakeholders4CHAPTER 1: Valuation and some recommendations for PINACO JSC stakeholders

LITERATURE REVIEW1. DefinitionsLI. StockA stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. Thi

Valuation and some recommendations for PINACO JSC stakeholders

s entitles the owner of the stock to a proportion of the corporation’s assets and profits equal to how much stock they own. Units of stock arc called

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders idual investors' portfolios. These transactions have to conform to government regulations which are meant to protect investors from fraudulent practic

es, (ỉnvestopedia, 2020)Stock is a type of securities, issued in the form of a certificate, or book entry, confirming the lawful rights and interests Valuation and some recommendations for PINACO JSC stakeholders

of investors when engaging in business activities of the enterprise. The stockholder becomes a shareholder and at the same time they become the owner

Valuation and some recommendations for PINACO JSC stakeholders

of the issuing company. Some stocks are paid monthly, quarterly or annual dividends. In Vietnam stock market, a slock represents 10.000 dong of charte

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders freely transfer and vole on the company's decisions at the General Meeting of Shareholders, to receive dividends according to the business results an

d the value of the shares they arc holding. In contrast, the shareholders holding preferred stock have limited powers and responsibilities such as: fi Valuation and some recommendations for PINACO JSC stakeholders

xed income, no right to vote or stand for election. However, shareholders who own preferred stock always receive the dividend at first, and when the c

Valuation and some recommendations for PINACO JSC stakeholders

ompany goes bankrupt, they arc also the ones paid by the company before the others.51.2.Stock marketA stock market is a collection of people who buy a

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

Valuation and some recommendations for PINACO JSC stakeholders licly traded, such as shares of a private company are sold to investors through community fundraising platforms. The investments in the stock market a

re mostly made through Slock brokers and online trading platforms. (Hayes. 2Ơ20)In the stock market, there are many large companies listing their shar Valuation and some recommendations for PINACO JSC stakeholders

es on a certain stock exchange. This makes their stocks more liquid and thus attracts more investors, rhe exchange also acts as a guarantor for the tr

Valuation and some recommendations for PINACO JSC stakeholders

ading. Other stocks can be traded "over the counter" (OTC). meaning through agents. Some big enough companies even list their stocks at more than one

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

PREFACEVietnam’s economy has been recovering strongly in recent years, creating favorable conditions for the stock market to develop. However, the siz

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