Dragon Capital mua thêm 2.8 triệu cp DXG

Key Points

• Dragon Capital purchased an additional 2.8 million shares of Dat Xanh Group (DXG).
• This increases their ownership to over 13%, costing an estimated 42 billion VND.
• The purchase follows a previous purchase of 1.8 million shares on April 11th.
• DXG's share price has rebounded after a 7-month low, up 30% from its April low.
• DXG projects 7,000 billion VND in revenue and 368 billion VND in after-tax profit for 2025.

Detailed Summary

• Dragon Capital's four member funds (Hanoi Investments Holdings Limited, Norges Bank, Vietnam Enterprise Investments Limited, and Wareham Group Limited) collectively bought 2.8 million DXG shares on April 29th.
• This increased their stake in Dat Xanh to over 13% (approximately 113.6 million shares).
• The purchase is estimated to have cost over 42 billion VND based on the closing price on April 29th.
• This follows a prior purchase of 1.8 million shares on April 11th, bringing their total purchases to 4.6 million shares in a short period.
• DXG's share price has since rebounded significantly from a 7-month low in early April, currently trading at 16,000 VND/share.
• DXG's ambitious 2025 business plan targets a 62% revenue increase and a 44% profit increase compared to 2024, driven by projects like The Privé and Gem Sky World.
• While Q1 2025 saw a 13% decrease in revenue due to lower real estate sales, profit increased by 55% thanks to reduced cost of goods sold.

Conclusions

• Dragon Capital's significant investment in DXG signals strong confidence in the company's future prospects despite recent market volatility.
• The investment is particularly noteworthy given the recent rebound in DXG's share price following a period of decline.
• DXG's ambitious growth targets for 2025 suggest a positive outlook, although challenges remain in the real estate market.