Analysis of Financial Statements of FPT Retail Company Q2 2021Analysis of Financial Statements of FPT Retail Company (FRT) Q2 2021, FPT Retail (FRT) is known for its retail chain FPT Shop and drugstore chain Long Chau. Let's make a detailed assessment of this business through its financial statements for the second quarter of 2021.
Evaluation of business results – Analysis of financial statements of FPT Retail Company (FRT) Q2 2021:
Analysis of Financial Statements of FPT Retail Company Q2 2021 Profit after tax reached VND 30 billion, an increase of VND 4
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FRT - pulllback below b.o and weakest in group1. Price & Vol:
- B.o w big vol small triangle pattern.
- Price still in Stage 1.
2. RS:
- Distribution group is strong today due to sales increasing in quarantine period in HCM.
3. MA:
- Price over KMAs.
4. FA:
- Earnings & sales strong growth this quarter might be the catalyst for the whole group.
5. Trade plan:
- T5 close if price could not hold through 29.4
- Take 1/2 profit if gain 20% and move tight stop around 21MA.
Close: FRT show weakest in compare to DGW and MWG and T3 pullback to b.
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