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.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: “Bốc hơi” gần 85% giá trị sau 26 phiên sàn liên tiếp, chuyện gì đang xảy ra tại KOS?
Read the original on Vietstock ↗
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Related tickers and likely impact
KOS
▼ Likely negativeKOSY Company
Relevance: high
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,093 bn VND |
| P/E | 39.8 |
| P/B | 0.47 |
| 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.
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- 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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Kosy (HOSE: KOS) closed at 5,050 dong on 23 October, its 25th consecutive limit-down session, down more than 82% from 32,950 dong on 16 September, and its market capitalisation fell from about 7,133 billion dong to 1,257 billion dong. The family group of Chairman Nguyễn Việt Cường holds over 134 million shares, or more than 62% of the company, and some of these shares are pledged as collateral for bank loans. From late September to mid-October 2026, securities firms carried out forced sales of over 561,000 of Cường's shares, nearly 763,000 shares linked to Kosy Real Estate and about 4,700 shares linked to Leo Regulus. Forced-sale attempts for over 8.6 million shares held by Vice Chair Nguyễn Thị Hằng and 9 million shares held by Deputy General Director Nguyễn Thị Phương Thảo failed due to weak demand. Kosy attributes the decline to weak market conditions, lower liquidity, investor sentiment and securities firms cutting margin lending, and says its core real estate, renewable energy and project operations are proceeding as planned.
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Kosy Chairman Nguyễn Việt Cường has had shares sold under margin forced liquidation again, the second time in under a month, as KOS extends a run of limit-down sessions. From 19 to 23 October 2026 he lost 175,287 shares, cutting his stake from 33.17% to 33.09% of charter capital, bringing his total sold across recent periods to 736,951 shares. Two related entities, Kosy Real Estate Investment Co., Ltd. and Leo Regulus Investment JSC, were also sold 445,500 and 175,870 shares. KOS closed at 5,050 VND on 23 October, its 25th consecutive limit-down session and more than 82% below 32,950 VND on 16 September. Kosy attributed the pressure to weak liquidity, selling sentiment and some brokers cutting margin lending ratios and liquidating positions, while its reviewed H1 2026 net profit of over 15 billion VND, up about 121%, was only near 13% of its full-year plan.
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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.
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