Ezotop

Monday, September 11, 2023

Venture Corporation - Wah, it seem like some buying activities spotted today, super oversold!

Wah, looks like a nice rebound is happening!

A nice white soldier spotted on the chart today.

Let's monitor and see how it progress for the next few sessions!



 Total Revenue is down 11.9% to 1582.2m.

Net profit of 140m is down 19.7% YOY. 



EPS of 0.48 . Estimating full year EPS of 0.98, PE is 14.6x .

Cash on hands increase from 812m to 895m.



Net cash position. Solid!

XD 1st September.  Pay date 14 Sept.

The outlook seems good!



Not a call to buy or sell!

Please dyodd. 


Venture Corporation Limited was formed in 1989 as an electronic services provider after the merger of three companies. With over three decades of consistent growth and 12,000-strong today, the Group is a leading provider of technology services, products and solutions, with established capabilities spanning innovation, design and development, product and process engineering, design for manufacturability and supply chain management in diverse technology domains.

Headquartered in Singapore, the Group comprises more than 30 companies worldwide with Centres of Excellence in Southeast Asia, Northeast Asia, America and Europe.

The Group is well-known for its deep know-how and expertise in various technology domains. These include life science, genomics, molecular diagnostics, medical devices and equipment, healthcare, luxury lifestyle and wellness technology, test and measurement technology instrumentation, networking and communications, advanced industrial as well as computing, printing and imaging technology.

Quote: 

. On Aug 31, the blue-chip contract manufacturer acquired 25,000 shares on the open market for a total of $317,310.70 or $12.68 each.

Earlier this month on Aug 7, Venture acquired 100,000 shares at $13.92 each. This brings the total number of shares bought back under the current mandate to 125,000 shares, equivalent to 0.043% of the share base.


No comments:

Post a Comment

ComfortDelGro - Wow! Today closed well at 1.50, looks rather positive! Likely to continue to rise up to test 1.64 than 1.70 to 1.78. Pls dyodd.

   ComfortDelGro  - Wow! Today closed well at 1.50, looks rather positive! Likely to continue to rise up to test 1.64 than 1.70 to 1.78.  Th...