Stock prices plunged, a series of business leaders bought to “support the price”

Many business leaders from real estate, banks to seafood, steel, electricity… all spent tens and hundreds of billions of dong to buy stocks to “support” the stock market in the context of the stock market. deeply reduced.

Although the VN-Index has recovered in the last two sessions, compared to the peak at the beginning of the year, the market price of many stocks has dropped by dozens, even 70-80%. Before the wave of deep declines in stocks, a series of large business leaders signed up to buy millions of shares.

Statistics show that the total amount of money that business leaders plan to spend to buy their own shares has exceeded 1,000 billion VND.

FROM REGISTRATION TO BUY MILLIONS OF SHARES IN THE NEXT MONTH…

Most recently, on November 16, Mr. Doan Toi, General Director of Nam Viet Joint Stock Company (code ANV) registered to buy 2 million ANV shares to raise the ownership rate to 57.86%, equivalent to 73.8 million shares. Transactions are carried out by order and agreement method in the estimated time from November 21 to December 20, 2022.

Nam Viet General Director’s move to register to buy took place after ANV shares had 8 sharp declines, including 7 sessions to the floor, falling to the lowest level in nearly 23 months since the end of January/January. 2021. Although at the close of November 16, ANV shares increased to the limit to 17,200 dong/share, but on November 17, this code turned down 1.7% to 16,900 dong/share. Thus, compared to the peak in mid-June, the market price of ANV shares has decreased by more than 72% in less than 5 months. At this price, Mr. Doan Toi will have to spend about 34 billion VND to buy the above shares.

ANV stock price has dropped more than 72% in less than 5 months

Also on November 16, Mr. Bui Minh Hai, Chairman of the Board of Directors of Hanoi Plastics (code NHH) announced that he would buy 1 million NHH shares during the expected period from November 22 to December 21 for financial investment. individual. Before the transaction, Mr. Hai did not own NHH shares, if the transaction is successful, Mr. Hai will increase his ownership rate in Hanoi Plastics to 1.37%.

On the market, NHH stock had two positive recovery sessions (November 16 and 17) to 12,300 dong/share, however, compared to the beginning of the year, this stock has “evaporated” nearly 60%. At this price, Mr. Hai will have to spend over 12 billion VND to buy 1 million registered shares.

Previously, on November 15, Chairman of the Board of Directors and Deputy General Director of Hai Phat Investment JSC (Hai Phat Invest, code HPX) also registered to buy a total of 10 million HPX shares.

In which, Mr. Do Quy Hai, Chairman of Hai Phat Invest registered to buy 5 million HPX shares by order matching transaction on the floor and/or put through transaction to restructure the investment portfolio. Estimated time of transaction is from November 18 to December 16.

Also from November 18 to December 16, Mr. Do Quy Thanh, Deputy General Director of Hai Phat Invest and Mr. Do Quy Hai’s younger brother, registered to buy 5 million HPX shares by order matching and/or agreement trading method. favorable.

If the transaction is successful, the number of shares held by Mr. Hai will increase from 121.8 million shares to 126.8 million units, corresponding to the ownership ratio changing from 40.04% to 41.68%. number of shares outstanding. Meanwhile, the number of shares held by Mr. Thanh increased from 1.7 million shares to 6.7 million units, corresponding to the ownership ratio changing from 0.38% to 2% of outstanding shares. onion. Temporarily calculated according to the closing price of November 15, it is 17,300 VND/share, it is estimated that Mr. Hai and Mr. Thanh each have to spend about VND 86.5 billion to buy all the registered shares.

Two brothers, Chairman Hai Phat Invest registered to buy HPX shares when this code had 4 out of 5 recent trading sessions (November 9 – November 15) hit the floor and continued to extend the chain of floor drops in two sessions. 11/16 and 11/17. Currently, HPX stock price is down to 15,000 VND/share, down 40% in the last 8 sessions only. With the stock price plummeting in a short time, Maybank Securities recently announced the sale of 2.3 million HPX shares of Chairman Hai Phat Invest from November 16.

On November 15, many leaders of Nam Long Investment Joint Stock Company (code NLG) also announced to register to buy millions of NLG shares. Accordingly, during the period from November 18 to December 17, Mr. Nguyen Xuan Quang, Chairman of Nam Long’s Board of Directors, and his two sons continued to register to buy an additional 4.4 million shares of NLG after not being able to buy all the shares. votes as desired.

NLG stock has lost nearly 69% of its value from its peak in early 2022

Specifically, Mr. Quang registered to buy 1 million shares of NLG for investment purposes. If the purchase is successful, the ownership of NLG Chairman will increase to nearly 47.5 million shares, equivalent to 12.35%. Quang’s two sons, Nguyen Hiep and Nguyen Nam, each registered to buy 1.7 million shares. It is expected that after the transaction, the ownership ratio of Mr. Hiep and Mr. Nam will increase to 0.79% (more than 3 million shares) and 0.63% (more than 2 million shares) respectively.

Along with the market’s recovery in the last two sessions, NLG stock also had two consecutive ceiling gains to 20,150 dong/share (closed on November 17), but compared to the peak of 64,200 dong/share (closed on November 17). session on January 5, 2022), NLG stock lost nearly 69% of its value. At this price, Nam Long leaders will have to spend nearly 96 billion VND to complete the purchase of registered shares.

Before that, a series of other real estate business leaders also planned to spend tens or even hundreds of billions to “save” the stock price. Specifically, Kinh Bac City Chairman Dang Thanh Tam plans to spend more than 370 billion VND to buy 25 million KBC shares from November 15 to December 14 in the form of order matching or agreement.

In the banking group, on November 15, Mr. Tran Nhat Minh – Deputy General Director and Director of VIB Banking Technology Services Division (code VIB) registered to buy 2 million shares for long-term investment purposes. A day earlier, another Deputy General Director cum CFO of this bank, Mr. Ho Van Long, also registered to buy 1.5 million shares. The transactions are expected to be carried out from November 21 to December 20, 2022 according to the method of order matching and agreement.

In two days, November 14 and 15, VIB shares traded around 17,000 VND/share, so to buy enough registered shares, the two leaders of VIB would have to spend nearly 60 billion VND. After the news that leaders signed up to buy millions of shares, VIB shares hit the ceiling price in November 16 and continued to increase by 2.5% on November 17 and is at 18,450 VND/share (but still nearly halved compared to the beginning of 2022).

TO COMPLETE BUYING IN SHORT TIME

While many business leaders are still waiting to buy shares, a number of other business “boss” have completed buying a large amount of shares within a short time after announcing the subscription information.

For example, Mr. Luong Tri Thin, Chairman of the Board of Directors of Dat Xanh Group Joint Stock Company (code DXG) reported that he completed buying 10 million shares from October 27 to November 25, thereby holding nearly 125 million shares. DXG stock. Temporarily calculated according to the average closing price of DXG shares from Mr. Thin’s purchase of shares, this chairman spent about 130 billion dong to complete the above transaction. This move took place when DXG stock reached the bottom of 2 years to 8,530 VND/share on November 15.

Or Mr. Bui Cao Nhat Quan – son of Mr. Bui Thanh Nhon, Chairman of Novaland also successfully bought 2 million shares of NVL from October 14 to November 3, 2022. Temporarily calculated according to the closing price of NVL’s shares on November 3, at 64,400 VND/share, Mr. Quan spent about 129 billion VND to complete the above transaction. However, buying shares of Mr. Quan seems to have been unable to “save” NVL stock when from November 4 until now, this code has dropped to the floor price for 10 consecutive sessions to 31,400 VND/share.

Besides real estate, in the retail group, the wave of buying shares of business leaders is also taking place. Recently, Mr. Nguyen Duc Tai, Chairman of the Board of Directors of Mobile World (code MWG) announced that he has completed the purchase of 1 million MWG shares from November 14 to November 16. After the transaction, the number of shares held by Mr. Tai increased to more than 35 million units, corresponding to the ownership rate of 2.4% of charter capital. Temporarily based on the average closing price of the above 3 trading sessions, Mr. Tai spent nearly 40 billion VND to complete the ownership.

In the same afternoon, Mr. Tran Huy Thanh Tung, General Director of The Gioi Di Dong successfully bought 500,000 previously registered MWG shares, raising the ownership rate to 0.76% of MWG shares.

MWG’s stock price “evaporated” more than 47% from the peak reached in mid-April 2022

Some other leaders of Mobile World such as Mr. Doan Van Hieu Em – Member of the Board of Directors also registered to buy 500 thousand MWG shares by put-through or order-matching method on the exchange. At the same time, Mr. Dang Minh Luom – Member of the Board of Directors registered to buy 100,000 shares of MWG; Mr. Vu Dang Linh – Finance Director of the company registered to buy 60,000 shares. The execution time of 3 transactions is expected to be in the period of November 15 – December 14. The purpose of the transaction is to increase the ownership rate.

The move to buy shares of the leaders of Mobile World took place in the context that MWG plummeted to the lowest price range since March 2021. Thus, to “save” the price, the Mobile World leader series may have to spend hundreds of billions of dong.

Similarly, Mr. Trinh Van Tuan, Chairman of the Board of Directors of PC1 Group Joint Stock Company (code PC1) has completed the purchase of 1 million PC1 shares in the trading session on November 15, just 1 week after the announcement of registration information.

After the transaction, Mr. Tuan’s ownership ratio in PC1 increased from 21% of charter capital (equivalent to 56.8 million shares) to 21.38% of charter capital (equivalent to 57.8 million shares). Temporarily calculated according to the closing price of PC1 stock at 12,650 VND/share on November 15, Mr. Tuan spent about 12.7 billion VND to complete the purchase of 1 million PC1 shares. After buying Mr. Tuan’s shares, PC1 stock returned to the ceiling for two consecutive sessions on November 16-17 and ended November 17 at 14,400 dong/share.

According to Hoang Ha/Business life