Hoang Anh Gia Lai Joint Stock Company (HAGL, code HAG) has just announced information about changing its brand identity from April 1. In terms of design, the new logo retains the same layout and meaning as the old logo but has changed colors. Notably, the new logo has colors quite similar to LPBank's with the main colors being yellow, brown, and white.
After 30 years of construction, overcoming many ups and downs, HAGL is now a company specializing in agriculture with the main segments being banana pigs, bananas, and durian.
Established in 1993, this is the first time HAGL has changed its logo. This change of the company headed by Mr. Doan Nguyen Duc (Bau Duc) takes place in the context that the business has just signed a comprehensive cooperation with LPBank. Thuy is currently the Chairman of the Board of Directors of this bank.
On March 4, LPBank and HAGL Group signed a sponsorship contract of VND 3 billion, prioritizing investment in green agriculture.
Previously, in November 11, LPBank signed a comprehensive cooperation agreement with Hoang Anh Gia Lai Football Academy and Football Club. After that, the Academy and Club changed their names to LPBank Football Academy - Hoang Anh Gia Lai and LPBank Football Club - Hoang Anh Gia Lai.
While Bau Thuy is rising like a kite, Bau Duc faces many storms because Hoang Anh Gia Lai's business results are not as expected. HAGL has divested capital from the hotel and hospital segments to get money to pay off bond debt.
Listed company news
The stock market also has a number of other important events of companies listed on the floor.
* ftp extension: FPT Joint Stock Company recorded revenue and pre-tax profit in the first two months of 2024 reaching VND 8.966 billion and VND 1.567 billion, up 22,9% and 19,5% over the same period. Profit after tax for shareholders of the parent company reached 1.137 billion VND.
* NAB: This year, Nam A Commercial Joint Stock Bank (Nam A Bank) aims to increase total assets by 11% to VND 232.000 billion. Capital mobilization increased by 9% to VND 178.000 billion. Profit before tax is 4.000 billion VND.
* MWg: In the first two months of 2024, Mobile World Investment Joint Stock Company recorded revenue of 21.613 billion VND, up 14% over the same period and completing 17% of the revenue plan of 125.000 billion VND for the whole year 2024.
* Services: Ho Chi Minh City Stock Exchange (HOSE) decided to compulsorily delist shares of An Phu Irradiation Joint Stock Company.
* GIC: On April 2, Green Development and Services Investment Joint Stock Company closed the transaction without the right to pay dividends in 4. Dividends will be paid in cash at a rate of 2023%, payment starting from April 12 .
* VNC: Mr. Phan Van Hung, Member of the Board of Directors of VinaControl Group Joint Stock Company, sold more than 1,67 million shares from March 11-19.
* NVL: Diamond Properties Joint Stock Company, the major shareholder of No Va Real Estate Investment Group Joint Stock Company (Novaland), sold 4 million shares on March 18 by order matching method.
* OCB: Ms. Nguyen Viet Trieu, wife of Mr. Ngo Ha Bac, Member of the Board of Directors of Orient Commercial Joint Stock Bank, sold 405.000 shares from February 20-20 by order matching method.
* HCC: Mr. Dennis Peter Eric, major shareholder of Hoa Cam Concrete Joint Stock Company - Intimex, sold more than 228.000 shares on March 6. He also holds more than 3 shares, a ratio of 310.000%.
* TCB: Mr. Phan Thanh Son, Deputy General Director of Vietnam Technological and Commercial Joint Stock Bank (Techcombank), sold 100.000 shares from February 21 to March 2 by agreement and order matching method.
VN-Index
Closing the session on March 22, VN-Index increased 3 points (+5,38%), to 0,42 points. HNX-Index increased slightly by 1.281,8 points (+0,54%), to 0,22 points. UPCoM-Index increased 241,68 points (+0,13%), to 0,15 points.
Market commentary, SHS Securities believes that, from a short-term perspective, the market is still moving positively and the VN-Index is on the rise, but it is forecasted that there will continue to be unusual developments as the market approaches. Strong resistance level around 1.300 points.
SHS does not appreciate the possibility that the VN-Index exceeds 1.300 points to form an uptrend, but favors the possibility that the 1.300 point area will shake and will most likely adjust downward.
Short-term investors should be cautious at the current stage because VN-Index moves in a high scoring area above the medium-term accumulation channel, so short-term risks increase.
Vietcombank Securities (VCBS) recommends that investors take advantage of the shaking correction sessions next week to restructure their portfolios in the direction of prioritizing short-term profit taking on stocks that have reached target profits, or have reached their target profits. but could not break out of the resistance zone.
At the same time, move to new disbursement with stocks that have not rebounded strongly compared to the most recent base price. Some notable industry groups in the near future include securities, banking, and real estate.
