Coteccons Chairman Bolat Duisenov has registered to buy 350,000 CTD shares for investment, with trades planned between October 26 and November 23, 2026. He currently holds nearly 1.8 million shares (1.57% of charter capital), which would rise to 1.88% if the full purchase is completed. The move follows the company's annual general meeting on October 20, where Coteccons approved a fiscal 2027 plan targeting consolidated revenue of VND 42,000 billion (up 22%) and after-tax profit of VND 1,050 billion (up over 30%). For fiscal 2026, the company reported net revenue of VND 34,340 billion and after-tax profit of VND 788 billion, while the first quarter of fiscal 2027 is estimated to have reached 27% of revenue and 29% of profit targets for the year. Shareholders also approved a 25% cash dividend, totaling nearly VND 280 billion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Động thái gây chú ý của Chủ tịch Coteccons
Keywords
CTDdividendsconstructionshareholder meeting
Open a keyword to see other news on the same topic.
Related tickers and likely impact
CTD
• NeutralCOTECCONS
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Construction & Materials |
| Industry | Heavy Construction |
| Market cap | 7,380 bn VND |
| P/E | 9.4 |
| P/B | 0.76 |
| Close on 10/21/2026 | 66.50 |
| Change that session | +0.76% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Bolat Duisenov wants to buy more Coteccons shares
Coteccons chairman Bolat Duisenov has registered to buy 350,000 CTD shares after the annual shareholders' meeting on October 20, with trades expected from early next week through late November. If completed, his stake will rise from 1.57% to 1.88%, costing about VND 23 billion at the October 21 closing price of 66,500 dong. Coteccons shares fell from over 86,000 dong to 55,000 dong earlier this year but have risen about 15% since the start of the month. He said the company can sustain growth of 20-30% in the coming years and set fiscal 2027 targets of 42,000 billion dong in revenue and 1,050 billion dong in profit. The company also aims to reduce its reliance on traditional general contracting by expanding into industrial, infrastructure and overseas projects.
- Coteccons chairman updates on VND 526 billion debt owed by Tan Hoang Minh
At Coteccons' 2026 AGM, chairman Bolat Duisenov said the company has reached an agreement with Tan Hoang Minh to settle the roughly VND 526 billion debt in cash. Coteccons will record the amount once payment is received and has not included it in next year's business plan. On about VND 1,400 billion in bad-debt provisions, Deputy Finance Director Nguyen Hong Son said a dedicated recovery team will keep pursuing these debts over the coming years. For fiscal 2027, the company targets consolidated revenue of VND 42,000 billion and after-tax profit of VND 1,050 billion, up 22% and 34% respectively from fiscal 2026. In Q1 of fiscal 2027, it posted VND 11,270 billion in revenue and VND 306 billion in after-tax profit, while new contract value fell 25% year on year to VND 14,519 billion.
- Coteccons executive explains why it holds VND 7,800 billion in deposits yet still borrows
Coteccons (CTD) holds nearly VND 7,800 billion in bank deposits yet still has over VND 4,000 billion in short-term loans; Deputy CFO Nguyen Hong Son says this builds the company's profile in financial markets and supports a balanced capital structure of about 30% short-term and 60-70% long-term funding. Chairman Bolat Duisenov said the VND 526 billion debt owed by Tan Hoang Minh Group has been agreed to be repaid in cash, but is not yet in next year's business plan. In Q1 of fiscal 2026-2027, Coteccons booked revenue of VND 11,270 billion (27% of the annual plan) and profit of VND 306 billion; the full-year target is VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit.
- Holding nearly VND 7,800 billion in cash yet borrowing over VND 4,000 billion: What does Coteccons say about 'keeping money stashed away'?
At Coteccons' (HoSE: CTD) 2026 annual general meeting, a shareholder questioned why the company keeps nearly VND 7,800 billion in cash and deposits while still borrowing over VND 4,000 billion in short-term loans. Deputy CFO Nguyễn Hồng Sơn said the company aims for a safer capital structure, combining short-term loans with VND 1,400 billion in bonds and long-term bank loans, raising the long-term capital share to about 30% and then 60-70%, while building a transparent financial profile to raise capital when needed. On foreign ownership, Coteccons has completed raising the cap to 50% and expects to reach 100% in 2026. For fiscal 2026, net revenue reached VND 34,340 billion (up 38%), after-tax profit VND 788 billion (up 73%), and backlog about VND 70,000 billion.
- Coteccons shifts growth focus as construction sector gains major rivals
Coteccons (CTD) views the entry of VinCons (Vingroup) and Tân Minh Nhân (Sun Group) as a force raising industry standards, and its chairman Bolat Duisenov prefers not to compare the company with other contractors. Instead, management focuses on three questions: how to become investors' first choice, how to attract and retain talent, and how to diversify revenue. In fiscal 2026, net revenue rose 38% to VND 34,340 billion and after-tax profit rose 73% to VND 788 billion, while backlog reached a record VND 70,000 billion. The company targets revenue of VND 42,000 billion and profit of VND 1,050 billion for fiscal 2027, although new contracts signed in Q1 of fiscal 2027 totaled VND 14,519 billion, down year on year, as it tightens client and project selection. Bolat said the company can sustain 20-30% growth in the coming years and is shifting its focus from volume to efficiency.
- Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers
At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.
Related markets
Latest news
- SpaceX Just Reported a 161% Jump in Quarterly Revenue. Wall Street Analysts Were Off by $1.6 Billion as Stock Soars 9%
SpaceX reported third-quarter revenue of $14.6 billion, up 161% year-over-year and above the $13.02 billion consensus. Its Super Intelligence business, which leases AI computing power and sells Grok products and Cursor, generated $7.6 billion, up 830%, while Connectivity revenue rose 69% to $5.2 billion with 13.6 million consumer subscribers. The company posted $2.8 billion in operating income and $4.4 billion in net income versus a $1.1 billion net loss a year earlier, though capital spending reached $19.6 billion and is expected to be $35 billion to $40 billion in the fourth quarter, and some margin benefit came from one-time tariff refunds. Elon Musk said a combination with Tesla 'would be a good idea', but the special committees have not agreed on any terms, and SpaceX guided first-quarter 2027 revenue to $33 billion to $37 billion. Shares rose 9.4% to $161.64 in early trading.
- New energy shock hits Germany
Producer prices for refined petroleum products in Germany rose 51.3% year on year in September, according to Destatis, with heating oil up 91.8% and motor fuel up 48.6%. Overall producer prices climbed 6.7%, the steepest rise since March 2023, while Germany's crude oil import costs rose 21.7% to €30 billion in the first eight months of 2026. Destatis attributed the increase to higher crude prices amid the Middle East conflict; the report also cites disruption in the Strait of Hormuz and Brent topping $111 a barrel on October 20. Germany has faced higher costs since halting Russian gas imports, and Berlin reportedly spent about €50 billion to cushion the impact. Meanwhile, corporate insolvencies in the first half of 2026 reached their highest level in 13 years.
- AI's billion-dollar question: When will the spending pay off?
Speakers in this discussion argue AI infrastructure spending faces a timing gap, since months can pass between when computing hardware ships and when it starts earning revenue, leaving a large amount of capital tied up. As an example, a buyer of $10 million in Nvidia chips may need six months to get them running while that money sits on its balance sheet. They also point to a wider gap between total AI spending and the revenue it generates, and note that some reports suggest the size of returns may depend on technological innovation. Easing supply chain bottlenecks, they say, would help companies bring computing capacity online faster.
- Here's how Meta's earnings could end up being a recipe for disaster
Meta's earnings report tonight is closely watched because it sits at the intersection of the AI spending story and the advertising business that funds it. Investors want to know whether AI is helping advertisers reach customers and generate enough extra revenue to justify the infrastructure investment, and how much more Zuckerberg plans to spend. Meta shares lost $12 yesterday and were rising back to around 490 this morning. The speaker argues that if Zuckerberg shows profits can grow alongside spending, confidence in the AI trade will be restored, but a bigger spending plan without convincing earnings growth would be a recipe for disaster.
- Prediction: Nvidia’s Road to $1 Trillion in Annual Revenue Could Transform Its Stock
Nvidia reported $96.22B in quarterly revenue, up 105.8% year over year, and guided to $108B for the current quarter, yet the stock is up only 15.08% year to date. The article says reaching $350 in 2027 would require a 63.5% gain from the $214.13 price, and its model's central estimate is $258.42. Key risks include investor worries about AI funding, $279B in supply commitments, and guidance that excludes China data center compute revenue. The author says this scenario depends on Vera Rubin ramping as the fastest launch in Nvidia's history, supply easing and markets not pricing in a funding scare, calling $350 'a stretch, but a credible one.'
- Ex-Google CEO got the job after a Burning Man trip with Larry Page. Now an ex’s intro could make him $20B on Anthropic
Eric Schmidt was vetted by Sergey Brin and Larry Page and hired as Google's CEO after an unconventional interview process, with Brin citing Schmidt as the only CEO finalist who had gone to Burning Man. In 2011, Schmidt began dating Camilla Clark for three years; she later married Anthropic CEO Dario Amodei. In 2018, that connection led Schmidt to meet with her and her then-partner to discuss Anthropic, and he invested early and now owns about 1% of the company. According to the Financial Times, Anthropic could be valued at as much as $2 trillion in an IPO, which could make Schmidt's stake worth $20 billion, more than half his current net worth per Forbes, compared with the roughly $461 million valuation when he invested.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.