Buying 1 HPG Share Daily from Hoa Phat: Incredible Returns from the ‘Steamroller’

HPG shares from Hoa Phat Group were listed in 2007 at 127,000 VND. Nearly 18 years later, they are valued at 29,950 VND. If an investor bought 1 share daily during this period, they would hold 58,799 shares worth approximately 1.761 trillion VND, achieving a return of 1,158% from an investment of nearly 140 million VND. Nevertheless, investors faced periods of over 50% losses and took more than 6 years to recover. Currently, Hoa Phat plans an IPO for its subsidiary, Hoa Phat Agriculture Development Company (HPA), intending to issue 30 million shares to expand production and invest.