VIETNAM INDUSTRIAL INVESTMENTS LIMITED (VII)



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General Information
Company Name: Vietnam Industrial Investments Limited
Stock Code: VII
Website: www.vii.net.au
GICS Sub-Industry: Steel
Market Cap ($M): 17
Equiv. Shares (M): 142

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.120 $ 0.000 $ 0.000 $ 0.000 $ 0.120 0 0%

Company Overview

Business Description:
Vietnam Industrial Investments Limited (VII) is an investment company that invests in Vietnam. VII has five subsidiaries in Vietnam which conduct the commercial operations at its steel rolling mill in Haiphong, steel roofing factory in Hanoi and weldmesh factory in Ho Chi Minh City and provider of total building solutions throughout Vietnam.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -2.5 -1.8 -137.5 0.0 0.0 0.0 --
2011  A 8.7 4.8 26.3 6.8 0.0 0.0 --
2010  A 6.9 3.8 -73.0 9.2 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Arrium (ARI) $1,200 M 0.8085 -0.4048 0.4524 4.2857 7.2010 4.9580 0.0678 0.0547 0.0679
BlueScope Steel (BSL) $2,853 M -- -- 10.3612 -- 225.1101 19.8139 0.0000 0.0000 0.0000
Fortescue Metals (FMG) $10,743 M -0.1939 0.1601 0.4658 7.8037 6.7265 4.5890 0.0232 0.0166 0.0188
Independence Group (IGO) $715 M 1.1920 -0.6934 1.0778 7.7078 25.1433 12.1009 0.0098 0.0065 0.0222
Vietnam Industrial Investments (VII) $17 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
VII 3.00 -- 0.45 -- 0.04
Market 1.13 13.2 0.92 2.50 2.58
Sector 0.56 8.96 0.71 1.83 6.67

Directors
Name Position Start Date
Mr Alan Alexander Young Managing Director - Chief Operating Officer 22 February 1994
Mr Henry Van Hung Lam Managing Director - Vietnam Operations 22 February 1994
Dr Andrew Walker Non-Executive Director 03 January 2012
Mr Roger Sing-Leong Kwok Non-Executive Director,Non-Executive Chairman 30 November 2007

Management
Name Position
D. Nguyen Chief Financial Officer
Patricia Shinn Company Secretary
D. H. Ngoc General Manager - TBS

Substantial Shareholders
Holding Name
13,002,000 (9.14%) Land and General Berhad
116,308,510 (81.75%) Corbyns International Limited

Calendar of Events
Date Event
26 March 2014 Report (Annual)
25 February 2014 Report (Prelim)
28 August 2013 Report (Interim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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