TRADING JOURNAL (tttt và ttv)

MINISTRY OF EDUCATION AND TRAINING
UEH UNIVERSITY – BUSINESS SCHOOL
DEPARTMENT OF BANKING
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TRADING JOURNAL
INSTRUCTOR: LE VAN LAM

HỒ CHÍ MÌNH October 24th , 2021


TRADING JOURNAL
The time from the beginning to the end of the investment process is relatively short, so our group doesn’t have much time to thoroughly
research information about each type of stock. The strategy proposed is based on guesswork and information gathered from many online financial
sources such as CafeF, Vneconomy, VietStock, etc. The initial strategy is as follows: our group will spend 50% of the money on investing in long-term
stocks and 50% of the investment amount for short-term stocks. Besides, because of the fear of risk, my group prioritized buying VN30 securities (4/5
investment stocks) because the enterprises in this group were the leading enterprises of the same field. Although the stock value of large companies
does not increase as quickly as startups or businesses on the rise, the risk from large enterprises will be lower.
Our group's long-term stocks will focus on buying at the beginning of the first trading day on IWIN and keeping them there until the end of the
investment process.
The short-term stocks of the group will often be traded on the market. Based on information in the newspaper, information published from the
company itself, yesterday's up and down process to come to today's decision or sell.
Our group's portfolio includes 5 types of stocks as follows:
- Long-term:
 VNM (VIETNAM DAIRY PRODUCTS JSC): The enterprise that dominates the Vietnamese dairy market, a market essential product, has a
safe financial structure. Not only operating in the Vietnamese market, Vinamilk also operates very strongly in the Southeast Asian market.
 HPG (HOA PHAT GROUP JSC): Competitive advantage in production (owning a closed chain with BOF blast furnace technology to produce
products with good competitive prices), leading market share in the steel industry (market share keeps increasing year by year), Dung Quat
project comes into operation.
- Short-term:
 VHM (VINHOMES JSC): VHM is the leading real estate developer in Vietnam with a combined market share of 25% segments, far ahead of

other competitors. The number and scale of huge projects with over 16.4 thousand hectares and continuing to increase allows the company to


grow strongly in the long term. Huge advantage from new products such as The Miami at Vinhomes Smart City or The Pavillion at Vinhomes
Ocean Park (launched in the third quarter in 2021) or new projects like Vinhomes Dream City, Vinhomes Wonder Park (expected in 2022) . The
advantage of large projects allows the company to develop closed value chains with high-quality real estate products, synchronous and
complete utility services, meeting standards and affirming the class of residents. people when choosing urban areas, Vinhomes brand products.
Benefit from Vingroup's ecosystem.
 MBB (MILITARY COMMERCIAL JOINT STOCK BANK): a stock in the group with abundant capital with high CASA allowing the bank to
provide credit to customers with competitive lending rates.
 PMC (PHARMEDIC PHARMACEUTICAL MEDICAL JSC): this is a stock that we want to try our luck, invest with little initial information,
based on the epidemic situation and choose a pharmaceutical company and Any medicinal herbs for investment.
DATE
Oct 24th,
2021

BUY/SALE STOCK QUANTITY

PRICE

REASON
At Oct 24 : This is the group's first transaction on the IWIN account,as
56,100VND originally planned, our group will keep track of prices and invest a large
27,650VND amount of money in long-term stocks such as VNM and HPG.
64,500VND
- After the process of price pressure from the peak of 112 to the level of
84 VNM shares had a sideways period of accumulation at the bottom
from May to November, which was the base of 6-month
accumulation. => buy 1,700 shares at the price 90,000 VND.
- Dung Quat 1 factory completes phase 1 and continues phase 2 in

2022-> the reason for the group's long-term investment decision in
HPG stock -> buy 1000 shares at 56,100 VND.
- For MBB shares in the period Oct 11 th, 2021->Oct 21st, 2021, the
stock decreased continuously, so our group predicts that the stock will
increase in the future, so we decided to invest with a large amount of
money. (Buy 2000 shares at 27,650 VND).
- For PMC stock in the period from Oct 18 th, 2021 to Oct 21st, 2021, the
stock is increasing slowly after the drop point of Oct 17 th, 2021.-> our
group predicts that this stock will continue to increase so we decide to
invest in this stock. Buy 300 shares at 64,500 VND.
90,000VND
th

BUY

HPG
MBB
PMC

1000
2000
300

VNM

1700


Oct 25th,
2021

BUY

PMC

1000

64,500VND
-

VHM

1500

78,900VND

th

Oct 26 ,
2021
Oct 27th,
2021

BUY

VNM

700

89,900VND

With the information about VNM share, on Oct 26 th we Continue to buy 700
VHM shares at 89,900 VND as analyzed above.

At the end of the trading session on Oct 26 th, MBB shares increased
28,400VND
by 1.3% to 27,950 VND/share. According to the third quarter
consolidated financial statements, MB recorded a profit of 3,898
80,700VND
billion VND (29% YoY) and provision expense of more than 1,778
63,200VND
billion VND, double the same period last year. As of September 30,
customer loans increased by nearly 13% to more than 336,426 billion
VND, bad debt ratio decreased from 1.09% to 0.95% and bad debt
coverage ratio increased from 102% to 150%.
-> beneficial information so at Oct 27 th our group continues to buy 500
MBB shares at 28,400 VND.
- With the Real estate flow: Not many stocks affect the index. Divided
into 2 clear states: Large-cap stocks are moving sideways to support,
Small real estate has increased very strongly (no new buy points)>VHM: consider short trading. Buy 1000 VHM shares at 80,700
VND.
- At the end of the trading session on Oct 26 th, PMC shares decreased.
Although the fear that it will continue to decrease and cause a loss for
the investment, we realize that this stock still has potential and can
increase in the future, so we only sold and placed an order to sell 100
-

BUY
SALE

MBB
VHM
PMC

500
1000
100

At Oct 25th: Our group will continue to buy 1000 PMC shares at
64,500 VND as analyzed above.
In addition, at any time, we also place buy orders with VHM shares
because according to the daily newspaper on Oct 6 th, 2021, the Board
of Directors approved the issuance of more than 1 billion new shares
to pay dividends by shares at the end of September, beginning of
October 2021. After the additional issuance, the charter capital of
VHM is expected to increase from 33,495 billion VND to nearly
43,544 billionVND. And in terms of business results in the first 6
months of 2021, VHM recorded 41,711 billion VND in revenue and
15.629 billion VND in net profit, up to 82% and 52% respectively
over the same period. -> buy 1500 shares at 78,900 VND.


shares at 63,200 VND.
Oct 28th,
2021

Oct 31st,
2021
Nov 1st,
2021

Nov 2nd,
2021

Ending the session on Oct 27 th, VN-Index increased by 31.39 points,
28,300VND
or 2.26%, to a new all-time high of 1423.02 points. CASA rate
continues its upward momentum. In the third quarter of 2021, the
28,250VND
CASA ratio increased to 41.7%, this is a high level and it is likely that
MBB will continue to be the bank with the second highest CASA in
the system. BVSC recommends OUTPERFORM with a target price
of 33,000 VND/share (16.2% higher than the closing price on Oct
27th, 2021 of 28,400 VND/share).
-> so we decide to continue to buy 500 MBB shares at 28,300 VND. At the
same day, continue to buy 200 shares at 28,250 VND.
- Blue-chips suddenly exploded, VN-Index jumped to 1,410 points.
Leading the VN-Index to surpass the psychological 1,400 mark was
initially just a few pillars like VHM, GAS. In the second half of the
morning, GAS only moved sideways, but VHM increased like a
storm. This session closed above reference 2.03%. VHM surpassed
GAS to become the strongest pillar stock of VN-Index.-> continue to
84,900VND
invest in VHM, buy 500 VHM shares at 84,900 VND.
Our group buy 100 PMC shares at 64,800 VND not because of research
through news or newspapers, but just because we see that the stock is
increasing compared to Oct 28th, 2021.
64,800VND
Compared to last Oct 31st, 2021, PMC's stock price increased a lot so our
group decided to sell 25 PMC's shares at 64,500 VND to make a profit from
this difference.

68,500VND
- At Nov 2nd: Sell 50 PMC shares for the reason analyzed in 11/1/2021
68,500VND
at 68,500 VND.
83,800VND
- Last week, many large stocks also showed business results. VHM is a
28,800VND
typical response, but the stock rallied 5.56% on Friday. On the
morning of Nov 1st, 2021, VHM boomed and increased by 1.64% in
the first 45 minutes, then gradually weakened and closed the morning
session with only 0.47% increase -> Some unfavorable information
-

BUY

MBB

500
200

VHM

500

BUY

PMC

100

SALE

PMC

25

SALE

PMC
VHM
MBB

50
500
700


Nov 4th,
2021

BUY

VHM
PMC

500
100

81,700VND
65,000VND

-

-

SALE

MBB

800

28,650VND

th

Nov 9 ,
2021

BUY

VHM
MBB

500
500

82,800VND
28,550VND
-

led the group to decide to sell 500 shares at 83,800 VND.
Our group sells 700 MBB shares at 28,800 VND based on the
difference between the buying and selling prices, the group realizes
At Nov 4th, continue to sell 800 MBB shares for the above reason at
the price 28,650 VND.
In terms of macro, with the expectation of a stimulus package in
deploying strong disbursement of public investment, reducing taxes,
reducing interest rates for businesses, maintaining an easy monetary
policy to support businesses and recover the economy. So the key
stocks are real estate and industrial real estate. -> buy 500 VHM
shares to accumulate investment because stock price is expected to
increase at 81,700 VND.
This time, we buy 100 PMC shares at the price 65,000 VND is not
based on news, we just continue to invest in PMC with a small
volume at a reduced price and take advantage of the opportunity to
sell at a high price.
Most of the banking stocks were in the bearish direction. Accordingly,
ACB, BID, CTG, VCB, TCB, VPB, STB, MBB... were all in the
bearish direction, but the decrease was not large-> decided to buy
more 500 MBB shares at 28,550 VND.
With information about VHM: Number and size of huge projects with
over 16.4 thousand hectares continue to grow, allowing the company
to develop stronger in the long term with outstanding business
performance. Huge advantage from the new products like The Miami
in the great project Vinhomes Smart City or The Pavillion at
Vinhomes Ocean Park (launched in the third quarter in 2021) or new
projects like Vinhomes Dream City, Vinhomes Wonder Park hope to
complete in 2022). Wholesale transactions are expected to continue to
drive revenue recognition and pre-sales in the fourth quarter in 2021
and into 2022.

-

Our group saw that this was beneficial information for the investment
to generate profits from VHM, so we decided to buy another 500

Unfortunately, this photo was not taken on the day the group stopped trading on IWIN (November 9, 2021), this photo was taken by the group on
November 16, 2021.


The group's investment portfolio includes: HPG, VHM, VNM, MBB, PMC.
TRADING HISTORY
(Oct 24th, 2021)


(Oct 25th, 26th,27th, 2021)

(Oct 27th, 28th, 2021)

(Oct 28th, 2021)


(Oct 31st, Nov 2nd, 2021)

(Nov 2nd, 2021)

(Nov 4th, 2021)

(Nov 4th, 9th, 2021)

(Nov 9th, 2021)