Latest Forum Topics / Venture Last:14.02 -0.14 | Post Reply |
How is Venture's prospects?
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dcang84
Veteran |
02-Nov-2007 13:52
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Nomura Report
Softness in enterprise segments Recent signals from Venture?s CM peers and communication equipment chipmakers indicate a near-term softness in high-end computing, test and measurement, and telecom equipment. Venture is unlikely to be immune to this weakness in our view, thus we see a slowdown in its core segments. Despite its exposure to the enterprise segment, we expect revenue growth to face near-term pressure. Risk of losing key management personnel Previously, we flagged the risk of senior management departures and concern over the retention of design teams from GES. This seems to be playing out, with a few key GES executives having recently left. It also appears that Venture has lost some senior executives in the US. We don?t doubt the ability of Venture?s management to fill in the gaps,
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AK_Francis
Supreme |
02-Nov-2007 09:22
Yells: "Happy go lucky, cheers." |
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Looking at the downturn last few days, Venture seems like having profit warning. Lookout for the 3 Qtr results releases by the authority today. Good luck. Cheers. |
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dcang84
Veteran |
01-Nov-2007 21:37
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What is wrong with this counter? Why the sharp decline the past 3 days? Any profit warning? |
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singaporegal
Supreme |
01-Nov-2007 19:56
Yells: "Female TA nut" |
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Still falling. |
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Pension
Elite |
24-Oct-2007 23:12
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not a popular counter, dun waste ur time and money in this counter. |
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singaporegal
Supreme |
24-Oct-2007 21:04
Yells: "Female TA nut" |
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As expected since my last post, this counter's TA outlook has not changed. Basically still bearish. |
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singaporegal
Supreme |
09-Oct-2007 21:13
Yells: "Female TA nut" |
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TA charts now look bearish. It may have already topped out recently. |
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singaporegal
Supreme |
15-Sep-2007 22:05
Yells: "Female TA nut" |
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Gradual uptrend since my last post |
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singaporegal
Supreme |
23-Aug-2007 21:28
Yells: "Female TA nut" |
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Strong rebound from a week ago. Looking good from TA point of view. |
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limkt009
Veteran |
10-Jul-2007 15:22
Yells: "Watch your front, grab $$$$$ at your own time" |
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Quote: VENTURE, kim eng remains a BUY with target price $20.10 - . No impact from US sub-prime mortgage meltdown . Management has assured us that, at this point, there is no need to provide for investments in Collateralized Debt Obligations (principal amount of S$221.7m), judging by very recent valuations. We are also assured by the following. First, the CDOs have already been marked-to-market (S$208.2m as at Dec 2006, with no major changes in Q107), and valuations are done monthly. Second, the CDOs are well-diversified by geography and economic sectors, with asset-backings ranging from corporate debt to sovereign debt to equity, and are likely to be senior tranches. Third, they were issued in 2004 (maturing in 2008 and 2009) when the US property market was still firm. Therefore, we are inclined to believe that even if there is exposure to the US property market, the mortgages are likely to be of higher quality. - Hypercom deal should see positive benefits by next year . The Hypercom MOU is an example of Venture's collaborative approach to manufacturing partnerships. Initially, Venture will help to streamline and improve Hypercom's Shenzhen plant on a retainer basis (with some Hypercom staff crossing over to Venture's payroll). However, the MOU also allows for Venture to be the exclusive turnkey manufacturer of certain product lines in the future. In fact, Venture has already started providing PCBA services to Hypercom since last year. In addition, the MOU will also help Venture complete its Retail Store Solutions suite of products. We expect benefits, both directly from Hypercom and indirectly from its ability to offer complete RSS solutions, in 2008. - Thinking ahead of the curve . The MOU with Hypercom gives Venture access to its IP, particularly in the area of secure payment transactions. With Scinetic (acquired in 2005) bringing to the table solutions such as product enquiry kiosks, GES's central POS systems and merchant peripherals, Hypercom's secure transaction technology and its own specialty in printing, imaging and RFID, we believe it is now possible for Venture to go beyond traditional retail and F&B applications into new areas such as financial (e.g. ATMs), hospitality (e.g. lodging) and gaming (e.g. casinos). Besides RSS, other technologies/capabilities being incubated include Zigbee (low power wireless networking), WSN and near-field communication, etc. - Merger of Flextronics and Solectron more positive than negative . Management also believes that the merger of Flextronics and Solectron could result in more opportunities for Venture as their smaller customers get weeded out. - Q207 should be on track . While Q2 is traditionally not a strong quarter for Venture, two of its major customers ? HP and IBM ? are doing well in their respective areas. HP is gaining market share in printers and blade servers, while IBM has stuck to its full-year guidance of low double-digit EPS growth. We also believe the larger portion of industrial products from GES will mitigate the seasonal swings of Venture's quarterly results. As such, we expect continued robust results for Venture in Q207, with YoY earnings growth likely to be in the mid-teens and on-track for our full-year forecast. |
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singaporegal
Supreme |
24-Jun-2007 19:47
Yells: "Female TA nut" |
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Venture's charts look slightly bearish. Acc/Dist and Chaikin charts are dropping. |
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tanglinboy
Elite |
04-Jun-2007 08:14
Yells: "hello!" |
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Been a while since someone posted on venture, any updates? |
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spurs88
Senior |
13-Apr-2007 12:34
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KimEng targets $17.40!!! CHEONG AH!!! Pending Q107 results (25 Apr) to reflect return of topline growth With GES contributing for a full three months in Q107 and its higher-value product mix, we estimate a 32% YoY revenue growth to S$968m, and a 26% YoY earnings growth to S$62m after factoring in higher interest & amortisation cost. Without GES, revenue should still have grown 8% with an almost equally strong 22% growth in earnings. However, we believe Venture is still better off with GES in its stable due to the more complete solutions it can now table. Maintain BUY. |
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singaporegal
Supreme |
30-Mar-2007 21:34
Yells: "Female TA nut" |
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May have peaked already |
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singaporegal
Supreme |
14-Mar-2007 21:12
Yells: "Female TA nut" |
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Seems to move in cycles recently. From Williams 1.28 rule, it may be approaching the tail end of its current cycle. So it may peak in a few days time. |
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jonathan69
Member |
28-Feb-2007 13:59
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I like this share, my target price to enter is when it dips below $13. |
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pikachu
Veteran |
28-Feb-2007 11:10
Yells: "Holy Cow!" |
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Up and down.... venture can't seem to escape the $13 mark |
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singaporegal
Supreme |
23-Feb-2007 21:37
Yells: "Female TA nut" |
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Be cautious on Venture.... may actually be on a downtrend |
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LPlate
Member |
19-Jan-2007 12:38
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Anyone has any idea why Venture shot up so much the last 2 days ? is corporate result coming or any other news ? I am holding few lots but bought at very high cost. Not sure whether to continue holding. Advice appreciated. |
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iPunter
Supreme |
16-Dec-2006 20:38
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Venture appears to me to be still on the uptrend. There's should be some resistance expected at 14.60 which will make it back down a bit. If 14.60 price is surpassed, it is more likely to move upstream from there. |
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