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Original headline: Cổ phiếu KOS giảm sàn 25 phiên liên tiếp
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Related tickers and likely impact
KOS
▼ Likely negativeKOSY Company
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,017 bn VND |
| P/E | 37.1 |
| P/B | 0.43 |
| Close on 10/23/2026 | 5.05 |
| Change that session | -6.83% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- KOS in 'free fall' for 17 consecutive sessions
- Panic Shows No Sign of Ending: 35% of Company's Shares Offered at Floor Price, Almost No Buyers
Shares of Kosy (KOS) have hit the floor price for 17 consecutive sessions, dropping to VND 8,960 on October 13, with 75.6 million shares offered at the floor price, roughly 35% of the company's shares, yet almost no buyers. The pressure stems largely from margin-call sales of shares held by Chairman Nguyễn Việt Cường and related parties, which has made it hard for securities firms to liquidate collateral. Kosy says the market is falling on momentum and some brokers cutting margin ratios and forcing sales have added selling pressure, while its core businesses remain on plan. Its reviewed semi-annual 2026 report shows revenue of nearly VND 723 billion (up 9%) and after-tax profit of over VND 15 billion (up about 121%), only about 13% of its full-year target of VND 120 billion. Ms. Hoàng Thị Yến, sister-in-law of Chairman Cường, has registered to buy 8 million KOS shares from October 15 to November 13, which would raise her ownership to about 3.71%.
- Sell orders pile up for nearly half of Kosy's shares as chairman's relative registers to buy but has yet to pay
Kosy (KOS) shares have hit the floor price for 20 straight sessions, falling about 80% in a month, with floor sell orders reaching 91 million shares on October 16, or 42% of outstanding shares, while total matched volume that day was under 20 thousand shares. The company blamed weak market sentiment, shrinking liquidity and securities firms cutting margin lending and conducting forced sales, while saying its core real estate, renewable energy and project operations are running normally. Forced sales also hit chairman Nguyễn Việt Cường and related entities, leaving him with 33.17% of charter capital after 560.8 thousand shares were sold. Meanwhile, Ms. Hoàng Thị Yến, the chairman's sister-in-law, registered to buy 8 million shares, but trading data suggest she has not yet paid.
- KOS Stock Keeps Hitting Bottom With No Buyers, Over 77 Million Shares Stuck at Floor: What Is Happening at KOSY Under Chairman Nguyen Viet Cuong
On the morning of 27/10, KOS shares fell to the floor price of 4,380 dong with over 77 million shares in sell orders stuck at the floor. KOSY attributes the pressure to collateral disposals and margin loan adjustments by some securities firms, saying it could not raise cash in time and asking parties to defer or restructure its financial obligations. Chairman Nguyen Viet Cuong's stake was forcibly sold from 76.64 million shares (35.4%) to 71.6 million (33.09%) between 13 and 23 October, while forced sale attempts involving his wife and sister failed. Hoang Thi Yen, the wife of his younger brother, has registered to buy 8 million shares from 15 October to 13 November, and the Chairman's family group holds about 45%. KOS shares held by Cuong and related parties are also collateral for loans at three banks, with outstanding debt of about 260 billion VND.
- Nearly 85% of Value “Evaporated” After 26 Consecutive Floor-Price Sessions: What Is Happening at KOS?
KOS fell to the floor price of 4,700 VND per share in the October 26 morning session, likely its 26th consecutive floor-price session since September 21, with the stock down nearly 85%. Outstanding sell orders reached about 91 million shares, 168 times the matched volume, cutting market capitalization from over VND 6 trillion to just over VND 1 trillion. The company attributed the decline to handling of collateral assets and margin loan adjustments by several brokerages, while saying its core operations showed no unusual changes. Selling pressure also came from related shareholders: Chairman Nguyễn Việt Cường's stake fell from 35.4% to 33.09% after forced margin sales, and shares held by him, Vice Chair Nguyễn Thị Hằng and related entities serve as collateral for loans at three banks with about VND 260 billion outstanding.
- Chairman of Kosy Group and related companies have KOS shares forcibly sold
Kosy Group chairman Nguyễn Việt Cường and two related companies, Kosy Real Estate Investment and Leo Regulus Investment, had KOS shares forcibly sold by securities firms through margin liquidation. Cường's holding fell by 175,287 shares between 19 and 23 October 2026, lowering his stake from 33.17% to 33.09%. Kosy Real Estate Investment sold 445,500 shares, cutting its stake from 4.26% to 4.05%, while Leo Regulus sold 175,870 shares, reducing its stake from 10.251% to 10.17%. Kosy Group attributed KOS's five consecutive limit-down sessions to a market downturn, brokerages reducing margin lending and forced selling, and said its core business operations remain on schedule.
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