MSN Stock – Price history and information

MSN stock is the stock code name of Masan Group JSC. Masan Group has been in the list of 50 best listed companies in Vietnam for 10 consecutive times voted by Forbes magazine. Despite witnessing many strong declines in the third quarter of 2022, Masan is still considered by many experts as a potential stock that should be held in the long term. So how is Masan doing, current status and potential of MSN stock, let’s find out with Pinetree through this article.

1. Information about the business

Masan Group is one of the largest companies in the private sector in Vietnam in terms of size and revenue. Masan develops, acquires, and manages large-scale business operating platforms to provide a consumer ecosystem that meets the needs of nearly 100 million Vietnamese consumers.

1.1 Business areas

Masan Group is operating in the following fields:

– Retail

– Food & Beverage

– Agricultural products

– Financial services

– High-tech materials

1.2 History of establishment and development of the enterprise

Formerly a noodle factory in Russia, founded in 1990 by Mr. Nguyen Dang Quang.

In 2001, Masan brand was brought back to Vietnam.

The company was established under the name Ma San Maritime Joint Stock Company with a charter capital of 3.2 billion VND in 2004.

In 2009, the Company changed its name to Masan Group Joint Stock Company.

1.3 Board of Directors

Masan’s management team consists of experts with international expertise and Vietnamese managers with local implementation experience. Leaders in member companies gather people with practical experience from multinational corporations.

Chairman of the Board of Directors of Masan is Mr. Nguyen Dang Quang. He used to live and study in Russia for a long time. Quang started his business in 1990 by selling instant noodles to Vietnamese people living here. Business is favorable, Masan instant noodle factory has a capacity of 30 million packages per month. He also expanded production into soybeans, fish and chili sauces and achieved great success. In 2001, Mr. Quang decided to bring Masan back to Vietnam. In addition to holding the position of Chairman of the Board of Directors and General Director of Masan Group, Mr. Nguyen Dang Quang is also Vice Chairman of the Board of Directors of Techcombank, Chairman of the Board of Members of Mining and Mineral Processing Co., Ltd. Cannon Mountain.

2. Information about the stock MSN

2.1 General information about the MSN stock

In 2009, stock code MSN was listed on Ho Chi Minh City Stock Exchange.

General information related to the stock ticker MSN:

– Transaction code: MSN

– Exchange: HOSE

– Industry group: Manufacturing

– Industry: Food production

– Listing date: November 5, 2009

– Charter capital: 14,237,247,830,000 VND

2.2 MSN stock price and transaction history in 2022

From January 1, 2022 to December 31, 2022

– Price movement: -48,516 VND (-34.28%)

– Highest closing price: 140,688 VND (January 4, 2022)

– Lowest closing price: 72,800 VND (October 24, 2022)

– Volume/day: 961,528 shares

– The session with the most trading volume: 2,672,500 shares (December 16, 2022)

– The session with the least trading volume: 252,200 shares (August 12, 2022)

2.3 Company and stock MSN highlights

Masan’s operations in the following fields:

Accumulating the first 9 months of 2022, Masan’s business situation recorded some positive points. The most remarkable point is that in most business segments, Masan’s profitability has improved significantly. Specifically:

Retail

WinCommerce (acquired by Masan from VinGroup) owns the largest modern grocery retail platform in Vietnam with the WinMart and WinMart+ supermarket chains. WinCommerce also owns WinEco – the leading brand of clean vegetables and fruits in Vietnam, which is exclusively distributed at WinMart and WinMart + systems. By the end of the third quarter of 2022, 128 WinMart supermarkets and 3,048 WinMart+ stores were put into operation. With Winmart+, the performance of the new store is always superior to that of the old stores. In the third quarter of 2022, Wincommerce’s EBITDA increased by 66.2% compared to the second quarter of 2022. According to information from baochinhphu.vn, Masan holds 50% of the market share of modern retail stores nationwide.

Food & Beverage

Masan Consumer Holdings manufactures and distributes foods and beverages such as: soy sauce (Chin-su, Tam Thai Tu), fish sauce (Nam Ngu, Chin-su), dipping sauce, chili sauce (Chin-su). , instant noodles (Omachi, Kokomi), instant porridge (Komi), instant coffee (Vinacafé, Wake-Up), processed meat (Cowboy Pork), instant cereals, bottled drinks (Wake-up). 247) and beer. With a diverse product portfolio, wide distribution channels, diligent investment in marketing, plus the advantage of owning a retail chain, Masan’s food and beverage products are dominating the market. Masan’s 4 brands, namely Nam Ngu, Chin-su, Kokomi, and Tam Thai Tu, are among the top 10 popular food brands in Vietnam. Masan Consumer Holdings contributes more than 30% of revenue and is considered the “golden egg” of the group. As a result, Masan Consumer Holdings’ revenue in the third quarter of 2022 reached 19,695 billion, up 5.4% over the same period last year.

In 2022, The CrownX, the consolidated retail-consumer platform Wincommerce and Masan Consumer Holdings of Masan, achieved positive revenue and profit results despite the unfavorable macroeconomic environment. In the third quarter of 2022, The CrownX’s revenue grew by 16.8% and net profit grew by 90.2% compared to the previous quarter. The CrownX’s revenue for the first nine months of 2022 increased by 7.8% year-on-year.

Phuc Long Heritage: Since Masan owns 51% of Phuc Long shares, in the first 9 months of 2022, this beverage chain achieved VND 1,143 billion in revenue and VND 199 billion in EBITDA. It is estimated that, thanks to Masan’s re-planning of sales kiosks and placing in the ecosystem with Winmart, Phuc Long has increased by 27 billion dong in profit.

Agricultural products

Masan MEATLife is the owner of the largest branded meat value chain in Vietnam. MEATLife is committed to providing consumers with high-quality, clear-sourced meat products at reasonable prices. MEATDeli’s meat applies cool meat processing technology according to European standards, receiving the support of a large number of consumers in big cities. MEATLife’s Q3/2022 revenue increased by 2.3% y/y and 27.9% y/y, thanks to a 53.8% increase in farm revenue and 35 increase in branded meat. .2%, chicken segment increased by 15.8%.

Financial services

Masan owns 19.9% shares of Techcombank and is the largest shareholder in this bank. Through lending, deposit and bond investment activities, this banking-business ecosystem has brought benefits to both parties.

On the one hand, Masan Group and its subsidiaries are also major customers with nearly VND 2,000 billion in deposits at Techcombank. On the other hand, Techcombank brings abundant loans to Masan. In 2022, Techcombank will provide a loan of 1,500 billion VND to two mining companies of Masan Group. Previously, Techcombank also granted VND 250 billion of credit to Phuc Long Heritage JSC. In 2021, Techcombank grants loans to Wincommerce, VinEco and Mobicast. Techcombank’s good business results also contributed positively to the group’s business results.

High-tech materials

Masan High-Tech Materials is one of the largest private mineral processing and resource companies in Vietnam. Currently, Masan is operating the Nui Phao multimetal mine project – the world’s largest tungsten mine. Masan High-Tech Materials is also a major global producer of fluorspar and bismuth. Masan High-Tech Materials’ net sales reached VND 11,651 billion and EBITDA reached VND 2,548 billion in the first nine months of 2022, up 21.3% and 36.3% respectively year-on-year.

2.4 About MSN stock

This is a stock in the VN30 basket and is considered an attractive stock for long-term investment. MSN’s theoretical valuation is VND 159,681. Thus, MSN stock price at the beginning of 2023 is quite attractive to buy.

MSN stock price is likely to benefit from the prospect of Masan’s consumer business and Vietnam’s long-term consumption growth.

Pinetree Securities is completely free of transaction fees for life and has a Margin interest rate of 9.9%/year from January 3, 2023 with no conditions. This is the best policy in Vietnam’s stock market today.

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