Further info: It is now 100% sure that Techcombank is behind the Vincom Retail deal
"Notably, previously on March 29, 2024, both NP Business Investment and Thien Phuc mortgaged at Techcombank the contracts to transfer 16% of SDI capital from Ngoc Viet Trading and Business Joint Stock Company."
source: VRE: Revealing a series of big players at Vincom Retail (stockbiz-vn.translate.goog)
There you go, NP Investment and Thien Phuc mortgaged at Techcombank the contract to get money.
This is exactly the same trick as the story of Nam An, putting a contract as collateral to borrow money ! In other word, using a contract to get money for the contract. Money out of thin air!
100% sure Techcombank is behind all of the shell companies in the Vincom Retail deal.
I have called this out weeks before today, right when the news broke out. The first on the web. Here: [Insights and info on the Vincom Retail deal : r/VinFastComm (reddit.com)](https://www.reddit.com/r/VinFastComm/comments/1bhnp5t/insights_and_info_on_the_vincom_retail_deal/) [Who is the buyer of Vincom Retail? : r/VinFastComm (reddit.com)](https://www.reddit.com/r/VinFastComm/comments/1bhoohe/who_is_the_buyer_of_vincom_retail/)
I understand Vin the most among all analysts out there bar none, knowing all of Vuong Pham's tricks and his thinking. The four analysts from Chardan, Cantor, Wedbush, BTIG are all bought, and if one has listened to their fake advice at $10-12 target buying at $8 (the time they issued the fake recommendation), one would have lost big right now.
Stick around for the latest truth on Vingroup and Vinfast.
Posted Apr 8, 2024, 2:13 PM UTC