My favorite stock these days is VJC – Vietjet Aviation JSC. The stock is qualified for both trading and investing purpose.
As I’ve shared in my previous post, I pick VJC because it qualifies my strategy:
- VJC is weighted for VN-30 index. Check out the list.
- Its average volume is around 600,000 per day.
- VJCs trend has been going up during last 6 months.
- Cash dividend history: 40% in fiscal year 2017 and 30% in fiscal year 2018.
And personally I love aviation business. Comparing other industries, the aviation industry of Vietnam is still young and things just start to boom.
About ten year ago, taking a flight to somewhere for almost Vietnamese people is considered as an expensive way for high end class only. Until 2009, Vietjet airline has appeared as the first low-cost airlines enter the market and completely change the way of people travel. From now on, everybody can take Vietjet easily like grab a taxi on the sky.
Following my strategy, the information above is just enough to buy VJC at the right time. However I am actually in love with Vietjet, so I have done financial analysis myself base on its annual financial report for getting know Vietjet’s business well. I would like to share my analysis point in next post.
Now, the time to show off my trading performance with VJC 🙂
|Date||VN-index||Buy price||Date||VN-index||Sell price||PL in $ equivalent|
|24 May||970.03||119.0||29 May||971.54||122.90||160$|
|30 May||969.34||123.00||15 July||972.53||130.00||491$|
|6 Aug||964.61||130.10||22 Aug||997.26||Current price:132.2||Not sell yet|