If calculated from the beginning of 2021 until now, NBC shares of Nui Beo Coal have “flipped” from the price of 6,400 VND to 27,000 VND.

While investors are still engrossed in the wave of bank stocks, securities stocks…, a group of stocks that have been quiet for a long time suddenly emerged. As a group of stocks with a relatively small proportion in the stock market, coal stocks are inherently not interested by many people when the big wave in banking stocks is easier to see.

However, when the big waves of banking stocks and securities stocks entered the correction, investors calmly looked back and found that they had missed the significant price increase of coal stocks!

A series of coal stocks gained shockingly in price

Looking at the coal stocks on the Vietnamese stock market, it can be seen that a series of stocks have increased strongly. Our statistics show that, since the story of the coal industry and the energy industry made waves internationally, Vietnamese coal stocks have also skyrocketed in price. Compared with the end of May and the beginning of June, when coal stocks started to “chuck up” until now, many stocks have increased 3-5 times!

For example, NBC shares of Nui Beo Coal Co., just in May, NBC shares were trading at ~7,000 VND/share, but now less than 5 months ago, it has reached ~27,000 VND/share, equivalent to nearly 5 months. 4 times!

NBC’s stock price movement in the past 6 months

Or as TVD of Vang Danh Coal also achieved an impressive increase from the price range of ~7,000 VND to 17,500 VND in a short time.

TVD stock price movement in the past 6 months

THT of Than Ha Tu is no less when reaching an increase from the current price range of ~ 8,000 VND to 18,000 VND at present.

THI share price movement

TDN of Than Deo Nai is similar. Currently, it has reached the price range of ~17,000 VND while just a few months ago it was trading below par.

TDN stock price movements in the past 6 months

TC6 of Than Coc Sau “flies” in a single circuit from the “ice tea” price range to ~16,000 VND/share, respectively, increasing more than 4 times!

TC6 stock price movement in the past 6 months

A bit worse, but MDC of Than Mong Duong has also helped many investors x double their accounts if they bought at the right bottom.

MDC stock price movement in the past 6 months

The HLC of Ha Lam Coal also fluctuated sharply according to the “brothers” of the coal industry.

HLC stock price movement in the past 6 months

After the restructuring, SHN became a “coal seller” and thanks to that, SHN’s stock also jumped strongly in line with coal stocks.

SHN stock price movement in the past 6 months

International coal prices increase hotly – What causes coal stocks to skyrocket?

According to our observations, coal enterprises often set business plans lower than they can realistically achieve and every year exceed the target, so there is nothing remarkable. Their main business is quite regular, with few major fluctuations unless the price of coal fluctuates greatly. Coal corporate stocks were-thus-quite quiet for many years. For example, NBC shares, observing the stock price movement, it can be seen that from the year of listing in 2006 until now, there has been no long increase. Only from 2021 to now, NBC stock has had a strong breakthrough.

So why is it that coal stocks have had such strong price fluctuations from the end of 2020 to the beginning of 2021 until now?

According to the analysis of many experts, the reason for the wide-ranging stock price reaction (all coal stocks rose in price) is due to the psychological impact of investors based on the coal price on the stock exchanges. The volatility of international commodity transactions increased sharply YOY during the past year. This sharp increase in coal price has made many investors expect better business results of Vietnamese coal enterprises.

Despite this expectation, our observations show that the revenue and profit of coal enterprises fluctuates quite erratically, there is no solid basis to determine the impact of international coal prices on the results. business of domestic coal enterprises. Currently, the third quarter financial reporting season is approaching, investors need to observe more to be able to choose the right investment.

Volatility of coal futures contracts on international commodity trading markets-Source: Trading Economic

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