We keep our target price virtually unchanged as a lower target P/E multiple and 2018-2019F earnings offset DCF roll-over. However, a 9.3% drop in share price since our last report leaves upside and prompts us to upgrade PLX from MARKET PERFORM to OUTPERFORM. We cut our 2018F EPS by 4.5% vs previous forecast due to lower DODO sales volume and a downtrend in petroleum prices in October/November signalling a muted Q4. We trim 2019F EPS by 3.3% as we assume a 3% devaluation of the VND vs USD