{"id":1280,"date":"2022-12-23T15:13:22","date_gmt":"2022-12-23T08:13:22","guid":{"rendered":"https:\/\/pacificcapital.vn\/?p=1280"},"modified":"2022-12-23T15:13:24","modified_gmt":"2022-12-23T08:13:24","slug":"the-market-is-not-favorable-more-businesses-postpone-the-plan-to-issue-shares-to-increase-capital","status":"publish","type":"post","link":"https:\/\/pacificcapital.vn\/en\/the-market-is-not-favorable-more-businesses-postpone-the-plan-to-issue-shares-to-increase-capital\/","title":{"rendered":"The market is not favorable, more businesses postpone the plan to issue shares to increase capital"},"content":{"rendered":"\n

Some businesses were forced to withdraw their stock offering documents after only a few months of approving the plan.<\/h2>\n\n\n\n

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t N\u0103m n\u0103m 2022 ghi nh\u1eadn \u0111\u1ea7y nh\u1eefng th\u0103ng tr\u1ea7m. B\u1ed1i c\u1ea3nh nhi\u1ec1u c\u1ed5 phi\u1ebfu \u0111\u1ea3o chi\u1ec1u gi\u1ea3m gi\u00e1 s\u00e2u c\u1ed9ng th\u00eam d\u00f2ng ti\u1ec1n b\u1ecb thu h\u1eb9p \u0111\u00e1ng k\u1ec3 \u0111\u00e3 khi\u1ebfn nh\u1eefng k\u1ebf ho\u1ea1ch ph\u00e1t h\u00e0nh tr\u1edf n\u00ean kh\u00f3 kh\u0103n khi ngu\u1ed3n cung c\u1ed5 phi\u1ebfu t\u0103ng cao trong khi ph\u00eda c\u1ea7u l\u1ea1i kh\u00f4ng c\u00f3 l\u1ef1c \u0111\u1ed1i \u1ee9ng. K\u1ebft qu\u1ea3 l\u00e0 kh\u00f4ng \u00edt k\u1ebf ho\u1ea1ch ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu t\u0103ng v\u1ed1n \u0111i\u1ec1u l\u1ec7 \u0111\u00e3 ph\u1ea3i tr\u00ec ho\u00e3n, th\u1eadm ch\u00ed c\u00f3 doanh nghi\u1ec7p bu\u1ed9c ph\u1ea3i r\u00fat h\u1ed3 s\u01a1 ch\u00e0o b\u00e1n c\u1ed5 ph\u1ea7n ch\u1ec9 sau v\u00e0i th\u00e1ng th\u00f4ng qua.<\/p>\n\n\n\n

“\u0110i\u1ec7p kh\u00fac” l\u00fd do l\u1eb7p \u0111i l\u1eb7p l\u1ea1i, \u0111i\u1ec3m chung l\u1edbn nh\u1ea5t l\u00e0 s\u1ef1 lao d\u1ed1c c\u1ee7a gi\u00e1 c\u1ed5 phi\u1ebfu<\/strong><\/p>\n\n\n\n

Ngay trong nh\u1eefng ng\u00e0y cu\u1ed1i th\u00e1ng 12 v\u1eeba qua, hai doanh nghi\u1ec7p thu\u1ed9c h\u1ec7 sinh th\u00e1i Apec l\u00e0 Ch\u1ee9ng kho\u00e1n APEC (m\u00e3 ch\u1ee9ng kho\u00e1n: APS) <\/strong>v\u00e0 C\u00f4ng ty c\u1ed5 ph\u1ea7n \u0110\u1ea7u t\u01b0 IDJ Vi\u1ec7t Nam (m\u00e3 ch\u1ee9ng kho\u00e1n: IDJ) <\/strong>\u0111\u1ed3ng lo\u1ea1t c\u00f4ng b\u1ed1 Ngh\u1ecb quy\u1ebft c\u1ee7a H\u0110QT v\u1ec1 vi\u1ec7c r\u00fat h\u1ed3 s\u01a1 ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu ra c\u00f4ng ch\u00fang. C\u1ee5 th\u1ec3, APS th\u00ec r\u00fat h\u1ed3 s\u01a1 ch\u00e0o b\u00e1n 83 tri\u1ec7u c\u1ed5 phi\u1ebfu ra c\u00f4ng ch\u00fang \u0111\u1ec3 t\u0103ng v\u1ed1n l\u00ean g\u1ea5p \u0111\u00f4i. T\u01b0\u01a1ng t\u1ef1, IDJ c\u0169ng quy\u1ebft \u0111\u1ecbnh r\u00fat h\u1ed3 s\u01a1 ch\u00e0o b\u00e1n c\u1ed5 phi\u1ebfu ra c\u00f4ng ch\u00fang v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng d\u1ef1 ki\u1ebfn ban \u0111\u1ea7u l\u00e0 h\u01a1n 173 tri\u1ec7u \u0111\u01a1n v\u1ecb theo t\u1ef7 l\u1ec7 1:1, v\u1ed1n \u0111i\u1ec1u l\u1ec7 t\u0103ng g\u1ea5p \u0111\u00f4i l\u00ean 3.470 t\u1ef7 \u0111\u1ed3ng.<\/p>\n\n\n\n

Nguy\u00ean nh\u00e2n \u0111\u01b0a ra \u0111\u1ec1u gi\u1ed1ng nhau l\u00e0 di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n kh\u00f4ng thu\u1eadn l\u1ee3i, \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn vi\u1ec7c ph\u00e1t h\u00e0nh v\u00e0 l\u1ee3i \u00edch c\u1ee7a c\u1ed5 \u0111\u00f4ng. H\u0110QT hai c\u00f4ng ty c\u0169ng cho bi\u1ebft s\u1ebd xem x\u00e9t th\u1eddi \u0111i\u1ec3m ph\u00f9 h\u1ee3p \u0111\u1ec3 ti\u1ebfp t\u1ee5c tri\u1ec3n khai ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu trong th\u1eddi gian t\u1edbi.<\/p>\n\n\n\n

Quy\u1ebft \u0111\u1ecbnh r\u00fat h\u1ed3 s\u01a1 c\u1ee7a hai doanh nghi\u1ec7p tr\u00ean di\u1ec5n ra trong b\u1ed1i c\u1ea3nh th\u1ecb gi\u00e1 c\u1ed5 phi\u1ebfu APS v\u00e0 IDJ tr\u00ean th\u1ecb tr\u01b0\u1eddng \u0111\u1ec1u \u0111\u00e3 gi\u1ea3m s\u00e2u. C\u1ea7n nh\u1eafc l\u1ea1i r\u1eb1ng hai m\u00e3 ch\u1ee9ng kho\u00e1n n\u00e0y t\u1eebng “l\u00e0m m\u01b0a l\u00e0m gi\u00f3” tr\u00ean th\u1ecb tr\u01b0\u1eddng trong n\u0103m 2021 v\u1edbi m\u1ee9c t\u0103ng \u0111\u1ed9t bi\u1ebfn h\u00e0ng ch\u1ee5c l\u1ea7n ch\u1ec9 trong th\u1eddi gian ng\u1eafn. Tuy nhi\u00ean, sau khi ch\u1ea1m \u0111\u1ec9nh th\u00ec gi\u00e1 c\u00e1c c\u1ed5 phi\u1ebfu \u0111\u1ec1u lao d\u1ed1c m\u1ea1nh. T\u1ea1m t\u00ednh theo th\u1ecb gi\u00e1 hi\u1ec7n t\u1ea1i, APS v\u1eabn m\u1ea5t t\u1edbi 84% gi\u00e1 tr\u1ecb k\u1ec3 t\u1eeb \u0111\u1ec9nh trong khi IDJ c\u0169ng gi\u1ea3m g\u1ea7n 80% t\u1eeb m\u1ee9c gi\u00e1 cao nh\u1ea5t ghi nh\u1eadn \u0111\u01b0\u1ee3c h\u1ed3i th\u00e1ng 11\/2021.<\/p>\n\n\n\n

\"The<\/a><\/figure>\n\n\n\n

T\u01b0\u01a1ng t\u1ef1 l\u00e0 CTCP Ph\u00fa T\u00e0i (m\u00e3 ch\u1ee9ng kho\u00e1n: PTB) <\/strong>khi doanh nghi\u1ec7p n\u00e0y t\u1ea1m d\u1eebng k\u1ebf ho\u1ea1ch ph\u00e1t h\u00e0nh g\u1ea7n 10,7 tri\u1ec7u c\u1ed5 phi\u1ebfu v\u1edbi gi\u00e1 25.000 \u0111\u1ed3ng, trong \u0111\u00f3 h\u01a1n 9,7 tri\u1ec7u c\u1ed5 phi\u1ebfu ch\u00e0o b\u00e1n cho c\u1ed5 \u0111\u00f4ng hi\u1ec7n h\u1eefu v\u00e0 h\u01a1n 971 ngh\u00ecn c\u1ed5 phi\u1ebfu ph\u00e1t h\u00e0nh cho ng\u01b0\u1eddi lao \u0111\u1ed9ng ESOP. Nguy\u00ean nh\u00e2n \u0111\u01b0a ra v\u1eabn l\u1ea1i c\u00f3 li\u00ean quan \u0111\u1ebfn t\u00ecnh h\u00ecnh th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n v\u00e0 c\u00f4ng ty mu\u1ed1n \u0111\u1ea3m b\u1ea3o l\u1ee3i \u00edch c\u1ed5 \u0111\u00f4ng.<\/p>\n\n\n\n

Ngo\u00e0i ra, c\u00f9ng th\u1eddi \u0111i\u1ec3m c\u00f4ng b\u1ed1 t\u1ea1m d\u1eebng k\u1ebf ho\u1ea1ch ph\u00e1t h\u00e0nh, Ph\u00fa T\u00e0i c\u0169ng ch\u1ed1t ng\u00e0y \u0111\u0103ng k\u00fd cu\u1ed1i c\u00f9ng ch\u1ed1t danh s\u00e1ch c\u1ed5 \u0111\u00f4ng \u0111\u1ec3 th\u1ef1c hi\u1ec7n quy\u1ec1n l\u1ea5y \u00fd ki\u1ebfn c\u1ed5 \u0111\u00f4ng. N\u1ed9i dung l\u1ea5y \u00fd ki\u1ebfn li\u00ean quan v\u1ec1 vi\u1ec7c mua l\u1ea1i c\u1ed5 phi\u1ebfu qu\u1ef9.<\/p>\n\n\n\n

M\u1ed9t tr\u01b0\u1eddng h\u1ee3p kh\u00e1c, C\u00f4ng ty C\u1ed5 ph\u1ea7n Ph\u00e1t tri\u1ec3n Nh\u00e0 Th\u1ee7 \u0110\u1ee9c (Thu Duc House \u2013 M\u00e3 ch\u1ee9ng kho\u00e1n: TDH) <\/strong>\u0111\u00e3 quy\u1ebft \u0111\u1ecbnh d\u1eebng tri\u1ec3n khai ph\u01b0\u01a1ng \u00e1n ch\u00e0o b\u00e1n ri\u00eang l\u1ebb 58 tri\u1ec7u c\u1ed5 phi\u1ebfu v\u1edbi gi\u00e1 10.000 \u0111\u1ed3ng v\u1edbi l\u00fd do ph\u01b0\u01a1ng \u00e1n kh\u00f4ng c\u00f2n ph\u00f9 h\u1ee3p v\u1edbi t\u00ecnh h\u00ecnh hi\u1ec7n t\u1ea1i. H\u0110QT TDH cho bi\u1ebft s\u1ebd xin \u00fd ki\u1ebfn t\u1ea1i \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng g\u1ea7n nh\u1ea5t. Tuy nhi\u00ean, TDH c\u0169ng \u0111\u00e3 \u0111\u1ed3ng th\u1eddi h\u1ee7y ng\u00e0y ch\u1ed1t quy\u1ec1n tham d\u1ef1 \u0110H\u0110C\u0110 b\u1ea5t th\u01b0\u1eddng n\u0103m 2022 v\u00ec “th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng thu\u1eadn l\u1ee3i”. Hi\u1ec7n ch\u01b0a c\u00f3 th\u00eam th\u00f4ng tin m\u1edbi v\u1ec1 k\u1ebf ho\u1ea1ch t\u1ed5 ch\u1ee9c \u0110H\u0110C\u0110 b\u1ea5t th\u01b0\u1eddng c\u1ee7a TDH.<\/p>\n\n\n\n

\"Th\u1ecb<\/a><\/figure>\n\n\n\n

Tr\u01b0\u1edbc \u0111\u00f3 trong th\u00e1ng 10, H\u0110QT T\u1eadp \u0111o\u00e0n Cienco 4 <\/strong>(m\u00e3 <\/strong>ch\u1ee9ng kho\u00e1n <\/strong>: C4G) <\/strong>\u0111\u00e3 th\u00f4ng qua t\u1ea1m d\u1eebng \u0111\u0103ng k\u00fd ch\u00e0o b\u00e1n th\u00eam h\u01a1n 112 tri\u1ec7u c\u1ed5 phi\u1ebfu cho c\u1ed5 \u0111\u00f4ng hi\u1ec7n h\u1eefu v\u1edbi t\u1ef7 l\u1ec7 2:1 \u0111\u1ec3 huy \u0111\u1ed9ng th\u00eam g\u1ea7n 1.124 t\u1ef7 \u0111\u1ed3ng. L\u00fd do c\u1ee7a vi\u1ec7c t\u1ea1m d\u1eebng \u0111\u01b0\u1ee3c C4G \u0111\u01b0a ra l\u00e0 \u0111\u1ec3 c\u1eadp nh\u1eadt m\u1ed9t s\u1ed1 n\u1ed9i dung li\u00ean quan \u0111\u1ebfn ki\u1ec7n to\u00e0n c\u01a1 c\u1ea5u qu\u1ea3n tr\u1ecb v\u00e0 k\u1ebf ho\u1ea1ch ch\u00e0o b\u00e1n th\u00eam c\u1ed5 phi\u1ebfu ra c\u00f4ng ch\u00fang c\u1ee7a c\u00f4ng ty.<\/a><\/p>\n\n\n\n

Tr\u00ean th\u1ecb tr\u01b0\u1eddng, gi\u00e1 c\u1ed5 phi\u1ebfu C4G \u0111\u00e3 gi\u1ea3m m\u1ea1nh, chi\u1ebft kh\u1ea5u t\u1edbi 66% t\u1eeb \u0111\u1ec9nh th\u00e1ng 4 n\u0103m nay, hi\u1ec7n xu\u1ed1ng d\u01b0\u1edbi m\u1ec7nh gi\u00e1 t\u1ea1i 8.900 \u0111\u1ed3ng\/cp.<\/p>\n\n\n\n

CTCP Th\u1ee7y \u0110\u1eb7c S\u1ea3n (m\u00e3 ch\u1ee9ng <\/strong>kho\u00e1n <\/strong>: SPV) <\/strong>c\u0169ng \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh t\u1ea1m d\u1eebng th\u1ef1c hi\u1ec7n ph\u01b0\u01a1ng \u00e1n ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu cho c\u1ed5 \u0111\u00f4ng hi\u1ec7n h\u1eefu. Theo k\u1ebf ho\u1ea1ch ban \u0111\u1ea7u, Th\u1ee7y \u0110\u1eb7c S\u1ea3n s\u1ebd ch\u00e0o b\u00e1n th\u00eam 5,4 tri\u1ec7u c\u1ed5 phi\u1ebfu cho c\u1ed5 \u0111\u00f4ng hi\u1ec7n h\u1eefu theo t\u1ef7 l\u1ec7 2:1. V\u1ed1n \u0111i\u1ec1u l\u1ec7 c\u1ee7a c\u00f4ng ty s\u1ebd t\u0103ng l\u00ean m\u1ee9c 162 t\u1ef7 \u0111\u1ed3ng.<\/p>\n\n\n\n

Tuy nhi\u00ean kh\u00e1c v\u1edbi c\u00e1c m\u00e3 tr\u00ean, c\u1ed5 phi\u1ebfu SPV hi\u1ec7n v\u1eabn \u0111ang \u1edf trong v\u00f9ng gi\u00e1 c\u1ee7a \u0111\u1ea7u n\u0103m, ch\u1ed1t phi\u00ean 22\/12 \u0111\u1ea1t 13.200 \u0111\u1ed3ng\/cp. Nguy\u00ean nh\u00e2n do m\u00e3 ch\u1ee9ng kho\u00e1n n\u00e0y g\u1ea7n nh\u01b0 \u201ct\u1eaft thanh kho\u1ea3n\u201d, hi\u1ebfm hoi c\u00f3 phi\u00ean ghi nh\u1eadn v\u00e0i tr\u0103m \u0111\u01a1n v\u1ecb \u0111\u01b0\u1ee3c kh\u1edbp l\u1ec7nh khi\u1ebfn th\u1ecb gi\u00e1 bi\u1ebfn \u0111\u1ed9ng.<\/p>\n\n\n\n

\"Th\u1ecb<\/a><\/figure>\n\n\n\n

Th\u1eadm <\/strong>ch\u00ed c <\/strong>\u00f3 <\/strong>doanh nghi\u1ec7p h <\/strong>o\u00e3n <\/strong>ph\u00e1t h\u00e0nh k\u1ec3 c\u1ea3 khi c\u1ed5 phi\u1ebfu \u0111ang t\u0103ng tr\u1ea7n li\u00ean t\u1ee5c<\/strong><\/p>\n\n\n\n

H\u1ed3i \u0111\u1ea7u th\u00e1ng 12, T\u1ed5ng CTCP D\u1ecbch v\u1ee5 T\u1ed5ng h\u1ee3p D\u1ea7u kh\u00ed (Petrosetco \u2013 m\u00e3 PET) <\/strong>\u0111\u00e3 th\u00f4ng b\u00e1o v\u1ec1 vi\u1ec7c d\u1eebng h\u1ed3 s\u01a1 \u0111\u0103ng k\u00fd ch\u00e0o b\u00e1n c\u1ed5 phi\u1ebfu cho c\u1ed5 \u0111\u00f4ng hi\u1ec7n h\u1eefu. V\u1edbi k\u1ebf ho\u1ea1ch ban \u0111\u1ea7u, Petrosetco d\u1ef1 ki\u1ebfn ch\u00e0o b\u00e1n cho c\u1ed5 \u0111\u00f4ng hi\u1ec7n h\u1eefu v\u1edbi t\u1ef7 l\u1ec7 2:1 v\u1edbi gi\u00e1 15.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, t\u01b0\u01a1ng \u1ee9ng ph\u00e1t h\u00e0nh th\u00eam g\u1ea7n 45 tri\u1ec7u c\u1ed5 phi\u1ebfu m\u1edbi.<\/p>\n\n\n\n

\u0110\u1ed9ng th\u00e1i di\u1ec5n ra b\u1ea5t ng\u1edd trong b\u1ed1i c\u1ea3nh c\u1ed5 phi\u1ebfu PET khi \u0111\u00f3 v\u1eeba tr\u1ea3i qua 4 phi\u00ean tr\u1ea7n li\u00ean ti\u1ebfp \u0111\u1ec3 h\u1ed3i v\u1ec1 m\u1ee9c 18.650 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu, t\u01b0\u01a1ng \u1ee9ng t\u0103ng 35% so v\u1edbi \u0111\u00e1y gi\u1eefa th\u00e1ng 11. Tuy nhi\u00ean, so v\u1edbi \u0111\u1ec9nh h\u1ed3i \u0111\u1ea7u th\u00e1ng 4, c\u1ed5 phi\u1ebfu n\u00e0y v\u1eabn c\u00f2n th\u1ea5p h\u01a1n kho\u1ea3ng 72%. Gi\u00e1 tr\u1ecb v\u1ed1n h\u00f3a c\u0169ng theo \u0111\u00f3 \u201cb\u1ed1c h\u01a1i\u201d g\u1ea7n 4.500 t\u1ef7 \u0111\u1ed3ng sau 8 th\u00e1ng, c\u00f2n kho\u1ea3ng 1.700 t\u1ef7 \u0111\u1ed3ng.<\/p>\n\n\n\n

\"Th\u1ecb<\/a><\/figure>\n\n\n\n

In general, to ensure a successful capital mobilization plan, businesses often choose favorable times such as an upswing in the stock market, exciting transactions and abundant investor cash flow. However, the situation on the stock market in 2022 was not very favorable, the price of many stocks dropped by tens of percent, even lower than the asking price.<\/p>\n\n\n\n

At the same time, the context of reduced liquidity when investors are more cautious is also a big obstacle for capital mobilization activities of enterprises. Interest rate level maintained at high level will also continue to affect cash flow into securities.<\/p>\n\n\n\n

Phuong Linh\/Market Lifestyle<\/p>\n","protected":false},"excerpt":{"rendered":"

Some businesses were forced to withdraw their stock offering documents after only a [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts\/1280"}],"collection":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/comments?post=1280"}],"version-history":[{"count":1,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts\/1280\/revisions"}],"predecessor-version":[{"id":1281,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts\/1280\/revisions\/1281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/media\/667"}],"wp:attachment":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/media?parent=1280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/categories?post=1280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/tags?post=1280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}