Venture Corp. Ltd.

Venture Corporation is engaged in the provision of technology services, products and solutions. Co.'s primary activities are to provide manufacturing, product design and development, engineering and supply-chain management services. Through its subsidiaries, Co. is engaged in the trading and manufacturing of electronics products; investment holdings; manufacturing, designing, engineering, customisation and logistic services; the manufacture and sale of terminal units; and the development and marketing of color imaging products for label printing, among other activities. Co.'s segments include: Electronics Services Provider; Retail Store Solutions and Industrial; and Component Technology.
  • TickerV03
  • ISINSG0531000230
  • ExchangeSingapore Exchange
  • SectorElectronic & Electrical Equipment
  • CountrySingapore

Analysts

VENTURE CORP.LTD. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of VENTURE CORP.LTD. (SG), a company active in the Electronic Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 13, 2019, the closing price was SGD 16.10 and its potential was estimated at SGD 17.96.

UOB
Singapore Research Team

Strategy - Alpha picks: Outperforms in a ahallenging month

Our portfolio outperformed the FSSTI amid a challenging August, declining 4.2% mom vs the FSSTI’s -5.9% mom. For September, we change our SELL call for Venture to a BUY and remove BRC Asia.

UOB
Singapore Research Team

Singapore Daily - Monday, September 9, 2019

KEY HIGHLIGHTS Strategy Alpha Picks: Outperforms In A Challenging Month: Our portfolio outperforms the FSSTI amid a challenging August. For September, we change our SELL call for Venture to a BUY and remove BRC Asia.

UOB
Benyamin Mikael ...
  • Chaiwat Arsirawichai
  • Chong Lee Len
  • Desmond Chong Chee Wai
  • Jayson Kong
  • Jie Ying Chloe Tan
  • John Cheong Ming Chern
  • Joohijit Kaur Jaztar Singh
  • Julia Cheung Pui Man
  • Katrina Chen Chucan
  • Kowit Pongwinyoo
  • Lee Yuk Kei
  • Napat Vorajanyavong
  • Neo Chen Wentao
  • Sandra Huang Jieqiong
  • Tanaporn Visaruthaphong
  • Tham Mun Hon
  • Thananchai Jittanoon
  • Zhifeng Shen

Regional Morning Notes - Tuesday, August 13, 2019

CHINA Economics Money Supply: July data points to downside risk for 2H19 GDP growth forecast. Results China Resources Cement Holdings (1313 HK/BUY/HK$6.88/Target: HK$8.90): 1H19: Results in line; high dividend payout to sustain. Fu Shou Yuan (1448 HK/BUY/HK$6.47/Target: HK$8.18): 1H19: Results in line; steady growth to sustain despite macro turmoil. Q Technology (1478 HK/SELL/ HK$7.35/Target: HK$7.50): 1H19: Better-than-expected results; margin recovery on track. Update Huaneng Renewables (958 HK/BUY/HK$2.02/Target: HK$3.13): Low wind curtailment rate drives earnings growth. INDONESIA Update E...

UOB
John Cheong Ming Chern ...
  • Joohijit Kaur Jaztar Singh

Venture Corp (VMS SP) - 2Q19: In line, Positioned to capture growth opportunities; Upgrade to BUY

2Q19 net profit of S$90.9m (-7.2% yoy, flat qoq) is in line with our expectation and consensus, with 1H19 forming 49-50% of both expectations. Near-term outlook is mixed, as the volatile environment is expected to persist, but Venture has several initiatives to navigate this environment as well as several new product launches in late-3Q19. We trim our 2019F EPS and our target price by 1.2% to S$17.70, pegged to the long-term PE mean of 14.0x. Upgrade to BUY on the back of recent share price weakness.

UOB
Singapore Research Team

Strategy - Alpha picks: Outperforms in a ahallenging month

Our portfolio outperformed the FSSTI amid a challenging August, declining 4.2% mom vs the FSSTI’s -5.9% mom. For September, we change our SELL call for Venture to a BUY and remove BRC Asia.

UOB
Singapore Research Team

Singapore Daily - Monday, September 9, 2019

KEY HIGHLIGHTS Strategy Alpha Picks: Outperforms In A Challenging Month: Our portfolio outperforms the FSSTI amid a challenging August. For September, we change our SELL call for Venture to a BUY and remove BRC Asia.

UOB
Benyamin Mikael ...
  • Chaiwat Arsirawichai
  • Chong Lee Len
  • Desmond Chong Chee Wai
  • Jayson Kong
  • Jie Ying Chloe Tan
  • John Cheong Ming Chern
  • Joohijit Kaur Jaztar Singh
  • Julia Cheung Pui Man
  • Katrina Chen Chucan
  • Kowit Pongwinyoo
  • Lee Yuk Kei
  • Napat Vorajanyavong
  • Neo Chen Wentao
  • Sandra Huang Jieqiong
  • Tanaporn Visaruthaphong
  • Tham Mun Hon
  • Thananchai Jittanoon
  • Zhifeng Shen

Regional Morning Notes - Tuesday, August 13, 2019

CHINA Economics Money Supply: July data points to downside risk for 2H19 GDP growth forecast. Results China Resources Cement Holdings (1313 HK/BUY/HK$6.88/Target: HK$8.90): 1H19: Results in line; high dividend payout to sustain. Fu Shou Yuan (1448 HK/BUY/HK$6.47/Target: HK$8.18): 1H19: Results in line; steady growth to sustain despite macro turmoil. Q Technology (1478 HK/SELL/ HK$7.35/Target: HK$7.50): 1H19: Better-than-expected results; margin recovery on track. Update Huaneng Renewables (958 HK/BUY/HK$2.02/Target: HK$3.13): Low wind curtailment rate drives earnings growth. INDONESIA Update E...

UOB
John Cheong Ming Chern ...
  • Joohijit Kaur Jaztar Singh

Venture Corp (VMS SP) - 2Q19: In line, Positioned to capture growth opportunities; Upgrade to BUY

2Q19 net profit of S$90.9m (-7.2% yoy, flat qoq) is in line with our expectation and consensus, with 1H19 forming 49-50% of both expectations. Near-term outlook is mixed, as the volatile environment is expected to persist, but Venture has several initiatives to navigate this environment as well as several new product launches in late-3Q19. We trim our 2019F EPS and our target price by 1.2% to S$17.70, pegged to the long-term PE mean of 14.0x. Upgrade to BUY on the back of recent share price weakness.

UOB
Chong Lee Len ...
  • Jie Ying Chloe Tan
  • John Cheong Ming Chern
  • Joohijit Kaur Jaztar Singh

Singapore Daily - Tuesday, August 13, 2019

KEY HIGHLIGHTS Results Singtel (ST SP/HOLD/S$3.26/Target: S$3.32): 1QFY20: Below expectations, cut FY20-21 net profit forecasts by 13% and 7% respectively. Downgrade to HOLD. Venture Corp (VMS SP/BUY/S$14.76/Target: S$17.70): 2Q19: In line, positioned to capture growth opportunities; upgrade to BUY. TRADERS’ CORNER Page 8 Keppel DC REIT: Trading BUY OUE Commercial REIT (OUECT SP): Trading BUY

A director bought 400,000 shares at 15.255SGD and

A director at Venture Corporation Limited bought 400,000 shares at 15.255SGD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...

VENTURE CORP.LTD. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of VENTURE CORP.LTD. (SG), a company active in the Electronic Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 13, 2019, the closing price was SGD 16.10 and its potential was estimated at SGD 17.96.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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