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2022 Venture Corporation - A Year Of Recovery Post Reply Rate topic
sinpacent Member	14-Sep-2023 12:22        sinpacent About Contact  Quote this Post!
x 0   x 0  Alert Admin	can' t wait for it to break $13.50 DYODD! elisa28      ( Date: 14-Sep-2023 10:56) Posted: Bullish chart formation in the making.
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elisa28 Master	14-Sep-2023 10:56        elisa28 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bullish chart formation in the making.
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Havefun2022 Member	13-Sep-2023 08:27        Havefun2022 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope yesterday' s gain can hold today😅
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sinpacent Member	12-Sep-2023 12:05        sinpacent About Contact  Quote this Post!
x 0   x 0  Alert Admin	We need more of this good news. Keep it up!  Huataarrhh      ( Date: 12-Sep-2023 09:06) Posted: DBS upgrade report today 12 Sep 2023 Depressed valuation offers favourable entry point Upgrade to BUY trading at trough valuation despite solid financials  Industry leaders in Venture&rsquo s technology domain expect a better 2024, which will benefit Venture&rsquo s earnings outlook  Not immune to macro-economic headwinds in the near term longer term growth strategies in place  No change in earnings and TP of S$15.40 though potential upside for higher DPS given high cash level   We upgrade Venture to BUY from Hold, premised on :-   Trading at trough valuation.  Venture&rsquo s share price has plunged 25% since our downgrade call in May 2023, after the release of weaker than expected 1Q23 results. Besides the muted outlook, the weak share price performance was also due to portfolio rebalancing from its removal from the MSCI Singapore Index. At current FY23F/FY24F PE of 12.6x/11.2x, the stock is trading at the previous low in March 2020, which was due to the COVID pandemic. We believe the attractive valuation should not be ignored for a company with strong financials, above-peers&rsquo net margins and high net cash as % of market capitalization at 24%.    Industry leaders in Venture&rsquo s technology domains expect a better 2024.  Though the outlook for 2023 is muted, 2024 is expected to be a better year.    Higher DPS on the cards?  With its strong net cash position, we believe there is a possibility that Venture could increase its DPS of 75Scts (5.9% yield) once the outlook improves.
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Havefun2022 Member	12-Sep-2023 11:06        Havefun2022 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope venture will have a long overdue rebound this time!
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FrancisLim Elite	12-Sep-2023 09:30        FrancisLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Citi tried to Enhance at $15.85 and failed miserably. DBS is the Johnny come lately, and placed an upgrade from the current very depressed price to upgrade. Upgrade does not sound so embellish like Enhanced... like the sky is the limit
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Huataarrhh Senior	12-Sep-2023 09:06        Huataarrhh About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS upgrade report today 12 Sep 2023 Depressed valuation offers favourable entry point Upgrade to BUY trading at trough valuation despite solid financials  Industry leaders in Venture&rsquo s technology domain expect a better 2024, which will benefit Venture&rsquo s earnings outlook  Not immune to macro-economic headwinds in the near term longer term growth strategies in place  No change in earnings and TP of S$15.40 though potential upside for higher DPS given high cash level   We upgrade Venture to BUY from Hold, premised on :-   Trading at trough valuation.  Venture&rsquo s share price has plunged 25% since our downgrade call in May 2023, after the release of weaker than expected 1Q23 results. Besides the muted outlook, the weak share price performance was also due to portfolio rebalancing from its removal from the MSCI Singapore Index. At current FY23F/FY24F PE of 12.6x/11.2x, the stock is trading at the previous low in March 2020, which was due to the COVID pandemic. We believe the attractive valuation should not be ignored for a company with strong financials, above-peers&rsquo net margins and high net cash as % of market capitalization at 24%.    Industry leaders in Venture&rsquo s technology domains expect a better 2024.  Though the outlook for 2023 is muted, 2024 is expected to be a better year.    Higher DPS on the cards?  With its strong net cash position, we believe there is a possibility that Venture could increase its DPS of 75Scts (5.9% yield) once the outlook improves.
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sinpacent Member	08-Sep-2023 10:08        sinpacent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rarely happen, most in the red but VC is green today.
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AllanKim Member	07-Sep-2023 15:37        AllanKim About Contact  Quote this Post!
x 1   x 0  Alert Admin	well said and thanks for the insight sharing. i thought forum is to share your expertise view that is factual, regardless of whether it is positive or negative. I don' t think it is healthy to criticise a stock negatively without any facts.
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Knightmyst Member	07-Sep-2023 11:10        Knightmyst About Contact  Quote this Post!
x 0   x 0  Alert Admin	You could buy around this price at $12+..,  The good thing is venture is a good stock, and tech manufacturing is very important in future. also, the earnings are likely to be bottoming or have largely bottomed, so at this price, it is not unreasonable to buy. but the most important thing that affects its share price is the 10 year yield. 10 year yield likely to reach around 5+%, not likely higher based on current rate cycles. High 10 year yield means growth is very good and economy will re-accelerate up.  high 10 year yield benefits savers, rather than investors.  But venture is near $12.50, which is 6% dividend yield. And I see stocks with no/little debt, at near bottom/bottom of cycle, gives high dividend yields close to 6%, and peak short term interest rates comin, with good growth coming to economy such as venture as much lower risk than compared to the broader stock market.  it could be bought now. And in any case, if it drops lower, buy the next at 25% lower. So it it drops to $10, which is 7.5% dividend, I just don' t see how it will happen as no sti component is giving 7.5% right now.
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Startsmm Member	06-Sep-2023 19:38        Startsmm About Contact  Quote this Post!
x 0   x 0  Alert Admin	how many times CD u collected?
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sinpacent Member	06-Sep-2023 18:12        sinpacent About Contact  Quote this Post!
x 0   x 0  Alert Admin	My cost was $19+. If I have extra cash, I will definately add to average out.
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cloudy.mountain Member	05-Sep-2023 23:38        cloudy.mountain About Contact  Quote this Post!
x 0   x 0  Alert Admin	can buy or not?
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TingHai88 Member	05-Sep-2023 16:38        TingHai88 About Contact  Quote this Post!
x 1   x 0  Alert Admin	All in if it go below $10! mav1ryan      ( Date: 05-Sep-2023 15:57) Posted: My best guess, this counter will go below $10 by end of this year. From there will be a nice price to buy in.
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mav1ryan Veteran	05-Sep-2023 15:57        mav1ryan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	My best guess, this counter will go below $10 by end of this year. From there will be a nice price to buy in.
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tongphlp Supreme	05-Sep-2023 13:57        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	nothing 2 shout about...price gets hammered everyday... CheeryVGoh      ( Date: 05-Sep-2023 13:29) Posted: Deleted from MSCI Global Standard Index but added into MSCI Global Small Cap Index. MSCI SINGAPORE INDEX Additions : BITDEER TECH GRP  VENTURE CORP      tongphlp      ( Date: 05-Sep-2023 09:43) Posted: BlackRock face as black as a rock now...stupid decision to buy into Venture.
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CheeryVGoh Supreme	05-Sep-2023 13:29        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Deleted from MSCI Global Standard Index but added into MSCI Global Small Cap Index. MSCI SINGAPORE INDEX Additions : BITDEER TECH GRP  VENTURE CORP      tongphlp      ( Date: 05-Sep-2023 09:43) Posted: BlackRock face as black as a rock now...stupid decision to buy into Venture.. mav1ryan      ( Date: 05-Sep-2023 09:39) Posted: Investment management and financial services provider BlackRock is no longer a substantial shareholder of Venture Corporation  V03  after selling 635,111 shares via the open market on Aug 31. The shares netted BlackRock a total consideration of $8.3 million or $13.11 per share. Following the share sale, BlackRock&rsquo s total stake in Venture is now at 4.89% &ndash or 14.2 million shares &ndash down from its previous stake of 5.11%.
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tongphlp Supreme	05-Sep-2023 09:43        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	BlackRock face as black as a rock now...stupid decision to buy into Venture.. mav1ryan      ( Date: 05-Sep-2023 09:39) Posted: Investment management and financial services provider BlackRock is no longer a substantial shareholder of Venture Corporation  V03  after selling 635,111 shares via the open market on Aug 31. The shares netted BlackRock a total consideration of $8.3 million or $13.11 per share. Following the share sale, BlackRock&rsquo s total stake in Venture is now at 4.89% &ndash or 14.2 million shares &ndash down from its previous stake of 5.11%.
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mav1ryan Veteran	05-Sep-2023 09:39        mav1ryan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Investment management and financial services provider BlackRock is no longer a substantial shareholder of Venture Corporation  V03  after selling 635,111 shares via the open market on Aug 31. The shares netted BlackRock a total consideration of $8.3 million or $13.11 per share. Following the share sale, BlackRock&rsquo s total stake in Venture is now at 4.89% &ndash or 14.2 million shares &ndash down from its previous stake of 5.11%.
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haizzz Senior	04-Sep-2023 22:40        haizzz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who did the big buy up on 31 Aug 23 closing? No announcement?
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