The market is created by humans and affection always predominate reason. Fear and greed will boost stock price higher or make it lower than the true value of the company. Therefore, to achieve a sustainable success, the real value, advances and prospects of the company should be viewed and evaluated.
With the market capitalization of about US$ 300 million, what is the true value of ITA stock?
Tan Tao Group Introduction
The economy has shown a sign of recovery since early 2014 and has gradually entered a stable stage. The inflow of foreign investments together with the TPP accession opportunity and Japanese and Korean investors shifting investments from China to Southeast Asian countries, including Vietnam has been thoroughly taken advantage of by the Board of Management of ITACO. By the end of August 2014, the Tan Duc Industrial Park particularly attracted 12 new investment projects with a total registered capital of USD 30 million. Therefore, its revenue and profits of the eight months have nearly met its revenue and profit target for 2014.
Invitation to prospective bidders for submission of proposals for Joint Development of Kien Luong 1 Thermal Power Plant
With the purpose of seeking eligible and competent bidders with adequate capabilities, experience for long-term cooperation to jointly develop the Project, TEC would like to request all bidders to submit proposals demonstrating proven capability, experience in investment or/and construction of thermal power plants in Vietnam or internationally, financing arrangement, proven experience in operating thermal power plants (if any), providing add-on value to the Project.
On February 20, 2014, the Government Office issued the Official Letter No. 1167/VPCP-KTN notifying the opinion of the Government Office to allow Tan Tao Energy Corporation to convert the investment form of Kien Luong 1 Thermal Power Plant Project in Kien Giang Province into Build-Operate-Transfer (BOT).
On May 3, 2013, Tan Tao Investment and Industry Corporation (Tan Tao Company) received the Business Registration Certificate changed for the 15th time issued by the HCM City Department of Planning and Investment on April 26, 2012 regarding the registration of increase of Tan Tao Company’s charter capital to VND 5,608,332,410,000. Reason: Issuance of 115,678,032 set-off shares
Tan Tao Investment & Industry Corporation announced that the 2011 General Assembly of the company’s shareholders will take place on April 28, 2011, at Tan Tao University, Tan Duc Ecity, Duc Hoa Dist., Long An Province. Although the country’s economy is expected to stay in recession and face the unprecedented problems, the Group will still set the target to maintain the profit growth rate and the dividend payout and bonus share offering ratio of 50%.
Tan Tao Investment & Industry Corporation announced that the 2011 General Assembly of the company’s shareholders will take place on April 28, 2011, at Tan Tao University, Tan Tao University Avenue, Tan Duc Ecity, Duc Hoa Dist., Long An Province
Tan Tao Company is the leading industrial parks and technical infrastructure developer, and is the first non-state owned company being granted the land for industrial parks investment and development by the Prime Minister for the first time.
Tan Tao Investment & Industry Corporation announced that the 2010 General Assembly of the company’s shareholders will take place on April 22, 2010 at Tan Duc Sky, Lot 10 Duc Hoa Ha Rd, Tan Duc Industrial Park, Long An province.