ROS shares are not permitted for margin trading

ROS has not been eligible for margin trading since August 19 because the first half of this year financial statements recorded a loss of 119 billion dong after tax.

The Ho Chi Minh City Stock Exchange has just announced the addition of FLC Faros Construction Joint Stock Company (ROS) to the list of ineligible for margin delivery. This is a service that allows investors to borrow money from a securities company to trade in the form of collateral with collateral in cash, securities, dividends, right to buy ...

The reason why ROS was included in this list is that the consolidated financial statements in the first six months of the year recorded negative profit after tax of the parent company's shareholders of VND 119 billion. Explaining the loss, FLC Faros leaders said that the epidemic was complicated, so production and business activities were severely affected. Output and revenue fell sharply, while the company still incurred administrative and financial expenses.

ROS is the only stock in the VN30 basket in the list of 72 securities that are not eligible for margin trading. The market price of this stock has decreased by more than 87% compared to the beginning of the year, currently trading around VND 2,200. ROS is the cheapest stock in the large cap group but the average liquidity per session is approximately 13 million units. All you need to look for today: btc to skrill

At the same time as ROS, many other stocks were also included in this list such as DXG of Dat Xanh Group, MSH of Song Hong Garment Joint Stock Company, HU3 of HUD3 Construction Investment Joint Stock Company ... It is common for companies to report losses after tax, but in other cases because of tax evasion, the auditing organization does not accept the full financial statements.