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Venture
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Venture
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ST3-trading
Senior |
20-Jun-2018 09:29
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poor managements of venture . so disappointment | ||||
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SgYuan
Supreme |
19-Jun-2018 19:32
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w3 ext EW w0 2198 w1 2042 w2 2095 w3?
w1 156 w2 53 up only 34% w3 252 dn tgt 1843 - px hit low 1811 dn 182% w4 96 up tgt 1907 - now px hit 1861 - may not hit tgt w5 156 dn tgt 1751 Then return to main EW to continue w4/w5.
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Fiat500
Veteran |
19-Jun-2018 17:42
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The downtrend momentum is continuing... Good news for u! U can start accumulating now all the way to $10.LOL LOL....
But next time don't anyhow say it will hit above $30..LOL LOL
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investshare
Supreme |
19-Jun-2018 16:21
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Compared to few week back, what has changed? Share price lower and cash balance lower!
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Wind22i
Supreme |
19-Jun-2018 15:51
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The company could give a respond to the analyst downgrade or activate more share buy back , in order to stop the bleeding further.. | ||||
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Wind22i
Supreme |
19-Jun-2018 14:40
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As mentioned earlier..today drop is due to kim and eng broker downgrade venture only to "outperform" from "buy" and reduction in its TP to 22.65..
Due to one of its main customer : philip morris lower smokeless device sales data.. .venture derived ~36% of its revenue from smokeless device from its one main customer which is Philip morris.. U can read the report at broker page. Ok good luck with this.. |
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sheerluck
Supreme |
19-Jun-2018 14:40
Yells: "Work for your money first then let your money work for you" |
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Gone case liao.  $18.5 taken out just like that.   
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sheerluck
Supreme |
19-Jun-2018 14:34
Yells: "Work for your money first then let your money work for you" |
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Now both DOW and NASDAQ future down by > 1% each.  Another counter-repsond from China plus another retaliation from Ducky will cause the market to sell off big time. Looks like goods price will go up and demand will go down.  Many US companies report recorded profit with the help of the tax reform but these once-off effects will be missing from the future reporting and trade war will dampen future growth.  Looks like market will be going down soon if dragon and ducky persist their own ways. Companies with too much fats like Venture and those who are fundamentally weak like our local O& M will be badly affected. Venture hasnt breached its previous low of $18.5 or ($17.9) although it is getting very close to it.   |
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michaeltan
Master |
19-Jun-2018 14:27
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Just be careful. The market maker can play up and can play down as well. Both ways they are making money. When the stock price is hitting far beyong the NAV, speculation will taking place as to push it higher and higher until it becomes a bubble. This was exactly when the stock price hit $30 where the stock price movement in wild direction of $1.00 - $2.00 differences. The waves in Hong Kong , China and Japan will soon knock in Singapore.         
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Fiat500
Veteran |
19-Jun-2018 14:20
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Your favourite counter is dropping everything fast n furious.. LOL LOL
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Wind22i
Supreme |
19-Jun-2018 13:50
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Today drop due to kim and eng broker downgrade to "outperform" from "buy" and reduction in its TP to 22.65..
Due to one of its main customer : philip morris lower smokeless device sales data.. U can read the report at broker page.. Ok good luck with this.. |
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bigbang10
Veteran |
19-Jun-2018 13:47
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Lol..i still waitin for yr 15 leh..then i buy more to support yr call. Waitin n waitin n waitin since yr call mths back. Maybe will finally cme true soon?? U not doin enuff la..short more pls! Lol xxx
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Fiat500
Veteran |
19-Jun-2018 13:38
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As usual, u will deny.. LOL
Good u are buying more to accumulate..
Very soon your prediction of going above $30 will come true... LOL LOL
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michaeltan
Master |
19-Jun-2018 13:19
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NAV is only $7.60 Wanna still greedy to take profit! The market is long due for correction. 
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sheerluck
Supreme |
19-Jun-2018 10:17
Yells: "Work for your money first then let your money work for you" |
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Previous low @ $18.5 but talking into account dividend of 60cts, then $17.9. | ||||
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ST3-trading
Senior |
19-Jun-2018 10:02
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keep dropping . machiam no support | ||||
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sheerluck
Supreme |
19-Jun-2018 09:41
Yells: "Work for your money first then let your money work for you" |
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No reason to do rights since compnay is not short of cash.  Should do a bonus issue or split.
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sheerluck
Supreme |
19-Jun-2018 09:38
Yells: "Work for your money first then let your money work for you" |
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After the grest descent from $29.65 since mid-April, Venture has been trading within the 38.2% and 61.8% fib lvl.  Now a second time on the 61.8% of @ $18.82 again.  Unfortuntaely Nasdaq future is down over 0.5% again.  Tough test for Venture.  Can the typical 61.8% fib rebound level hold or break? Ducky quacking quacking at Dragon again.  Keeps testing Dragon' s patient.  If Dragon really gets pissed off and breathe fire at ducky, turning it into the famous yummy Peking Roasted Duck, then how?
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investshare
Supreme |
19-Jun-2018 09:38
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Yes. I do not fault the management for share price drop. But I fault them for using cash trying to manipulate share price.
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investshare
Supreme |
19-Jun-2018 09:36
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In fact, the management should do right issue when the share price is high. It is easy money since so many strong supporter and it will boost cash balance.
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