Vietnam bust

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Eric Winchell
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Joined: Wed May 28, 2003 2:17 am

Vietnam bust

Post by Eric Winchell » Wed Jun 11, 2008 11:00 pm

A perfect storm of enthusiasm, inflation, credit expansion, and government intervention to stem the mania has created a stunning downward spiral in Vietnam. This is a country that has great prospects and will continue to benefit from its natural resources and proximity to China. A turnaround might take years but the bargains are already appearing with some PE ratios dropping under 10.
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BARLI
Roundtable Knight
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Post by BARLI » Thu Jun 19, 2008 4:26 am

looks like it's bottoming, but accumulation hasn't started yet

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