At the end of 2023, PYN Elite Fund, an investment fund from Finland, signed a cooperation agreement and plans to invest the equivalent of 12% of the charter capital in DNSE Securities. With this transaction, PYN Elite Fund will become the second largest shareholder in DNSE, after Encapital Holdings.

The appearance of a potential investment fund like PYN Elite Fund brings many positive meanings to DNSE. In particular, PYN Elite Fund also emphasized that it will support DNSE in connecting with European investors, thereby helping the company access capital sources interested in the Vietnamese stock market.

PYN Elite Fund's desire to become a major shareholder holding more than 10% of DNSE's capital is an important guarantee showing the potential and positive prospects of DNSE's stock in particular and the company's development orientation in general.

On the other hand, with the funds raised from the IPO, according to the plan, DNSE will continue to invest 90 billion VND (accounting for 10% of the raised funds) in infrastructure, software system development, AI and advanced trading features. From the perspective of the philosophy "Simplifying investment for Vietnamese people", this is an important boost in DNSE's new development chapter, with a focus and value revolving around Vietnamese shareholders and investors.

DNSE'S VALUE AFTER THE IPO

A successful IPO will be an important foundation for DNSE to strengthen its financial health and welcome the wave of new investors entering the stock market in line with domestic macroeconomic growth. Notably, this is also a crucial step for this securities company to continue with its philosophy of "Making Investing Effortless for Vietnamese people". A healthy financial foundation with positive business results is the clearest evidence of DNSE's progress and prospects before officially listing.

The financial report for Q4/2023 shows that DNSE's operating revenue reached 213.9 billion VND, up 45% compared to the same period last year. The main contributor to the company's revenue structure was Profit from financial assets recorded through profit/loss (FVTPL) reaching 78.1 billion VND, equivalent to an increase of 555.8%; revenue from securities brokerage reached 18.6 billion VND, equivalent to an increase of 59.8% compared to Q4/2022.

After deducting expenses, DNSE's after-tax profit in Q4/2023 reached nearly 98.1 billion VND, more than double the figure for the same period in 2022. Considering the whole year of 2023, DNSE's after-tax profit reached nearly 229 billion VND, three times that of 2022.

After 3 years since switching to the technology securities company model, DNSE has experienced remarkable growth. In 2023, after-tax profit increased 104 times compared to 2020, from 2.2 billion VND to 229 billion VND.

Besides the boost from business results, the promising industry potential is a good driving force for the development of DNSE in particular and the group of securities companies with healthy financial foundations in general. People will increasingly pay attention to the stock investment channel, along with the growth rhythm of domestic GDP. In fact, when the GDP of many countries exceeds 5,000 USD/capita, the amount of money deposited in stock investments will skyrocket.

On the other hand, looking at the model of technology securities companies from countries that have gone ahead (India, South Korea), DNSE's prospects are very bright. According to DNSE's Chairman Nguyen Hoang Giang, the market share of technology securities companies in these countries usually reaches 5-8%. DNSE, with the advantage of being a latecomer, can optimize capital sources and reduce costs. From there, the company has room to develop technology service platforms, optimizing investor needs.

Therefore, instead of focusing on increasing capital, increasing competitiveness, increasing market share like the traditional method of many securities companies, DNSE has chosen to anticipate development trends by focusing on creating value for shareholders and investors.

DNSE is the pioneer in building virtual broker ENSA to advise via chatbot on the stock trading app.

First of all, it is simplification, through digital transformation, developing AI features, aiming at simplification, ease for investors. This is demonstrated through key products such as Margin Deal - a management and margin lending system for each transaction or Virtual Broker Ensa supporting customers 24/7... Especially, with the Margin Deal system, DNSE has solved the weaknesses in the traditional total account lending model, through flexible interest rates and loan ratios, transparent profit and loss figures, taxes and fees, minimizing risks for investors.

In parallel with attracting users through access channels such as ZaloPay, FiinTrade..., DNSE also focuses on building community platforms such as the "Bull and Bear" social network or "DNSE Community (Official) - Simple Stock Investment"...

The Bull and Bear fanpage is the "favorite" stock entertainment channel for many investors

These are the channels that quickly connect the needs and desires of shareholders and investors with DNSE. On the other hand, DNSE itself can listen to suggestions and shares from investors and company shareholders.

This community nature is the foundation for the attachment of investors trading at DNSE, as well as shareholders with the company. More importantly, it is also an affirmation showing openness and always readiness to absorb to update and improve products, keeping up with investor needs.

Another important point is that DNSE aims to improve investor knowledge. Currently, DNSE's homepage has 3 courses: Mentor Master Class course with a team of experts with many years in the industry; Course on building foundations for the investment journey; and Knowledge library constantly updating new knowledge.

In fact, improving investor knowledge has been implemented by DNSE through "Bull and Bear" - sharing information, knowledge of stock investment, corporate finance through humorous, fun pictures. From there, bringing securities closer to those who are just starting, especially young people.

It should be emphasized that with the foundation of investors with improved knowledge, the stock market itself will be solid, sustainable, less subject to risks by herd psychology factors, fomo... With the advantage of having customer interaction channels, DNSE has focused on improving investment knowledge and in parallel with risk management for customers through direct and online training programs.

With these solid building steps, the IPO transaction can be considered as a "transition" on DNSE's path of building and developing value for investors and shareholders.

Source: VnEconomy