VCSC Daily - Stocks jump led by GAS, brokerages – MWG, NVL, ACV
MWG AGM: management confident on grocery; strong 2M 2018 prelim results. BUY. We attended MWG’s AGM on March 16, 2018. Management was confident on the success of BachhoaXANH (BHX, grocery chain), which was the primary topic among shareholders in the AGM. We believe MWG will become the clear leader of Vietnam’s nascent minimart market on the back of its management's top-notch execution. Meanwhile, MWG provided strong preliminary results for 2M 2018. Reiterate BUY.