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sharenoob1984 Veteran	05-Nov-2018 18:14        sharenoob1984 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$13 ish may be possible SgYuan      ( Date: 05-Nov-2018 17:52) Posted: $10? too much la. lifeisgood      ( Date: 05-Nov-2018 17:47) Posted: I wouldn&rsquo t mind picking up some at $10. seems like a good entry price
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cobrajr Veteran	05-Nov-2018 18:09        cobrajr About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sold bfore result? Hhhhmm
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SgYuan Supreme	05-Nov-2018 17:52        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	$10? too much la. lifeisgood      ( Date: 05-Nov-2018 17:47) Posted: I wouldn&rsquo t mind picking up some at $10. seems like a good entry price. sharenoob1984      ( Date: 05-Nov-2018 17:07) Posted: it depends if it breaks its 14.4 ish support, if it breaks, prepare to see hail mary downwards
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lifeisgood Supreme	05-Nov-2018 17:47        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	I wouldn&rsquo t mind picking up some at $10. seems like a good entry price. sharenoob1984      ( Date: 05-Nov-2018 17:07) Posted: it depends if it breaks its 14.4 ish support, if it breaks, prepare to see hail mary downwards. Berani      ( Date: 05-Nov-2018 16:38) Posted: waiting 10 dolla
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sharenoob1984 Veteran	05-Nov-2018 17:07        sharenoob1984 About Contact  Quote this Post!
x 0   x 0  Alert Admin	it depends if it breaks its 14.4 ish support, if it breaks, prepare to see hail mary downwards. Berani      ( Date: 05-Nov-2018 16:38) Posted: waiting 10 dollar sbscap      ( Date: 05-Nov-2018 16:36) Posted: UOBKH just didn' t like VMS, for some reason. 11x PE for this stock is a ridiculously low target as it has rarely traded so low on PER basis. I' m adding some at this price. Looking at a rebound back above 17
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Qanghoo Supreme	05-Nov-2018 16:44        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Where is it stated?  The 20c paid was not sd, but id.  True, I think this is the first time they are paying id, but they didn' t say one-off.  That itself a positive sign in my view.  Fiat500      ( Date: 05-Nov-2018 13:45) Posted: 80cts dividend is a one off thing only.. U are not gona get it again in the near future. Qanghoo      ( Date: 05-Nov-2018 10:48) Posted: But yield still likely to be maintain or improved as px slides further.  Was paying div of 50c for a long time.  Then, not too long ago, inclreased to 60.  Now 80c.  Just do our own interpretation ...
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Berani Elite	05-Nov-2018 16:38        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	waiting 10 dollar sbscap      ( Date: 05-Nov-2018 16:36) Posted: UOBKH just didn' t like VMS, for some reason. 11x PE for this stock is a ridiculously low target as it has rarely traded so low on PER basis. I' m adding some at this price. Looking at a rebound back above 17. sunview      ( Date: 05-Nov-2018 14:28) Posted: Venture Corporation - 3Q18: Hard to Get Off A Tiger Downgrade To SELL. (VMS SP/SELL/S$16.26/Target: S$12.90) The impact of IQOS production cut is now apparent. 3Q18 net profit of S$81m was a huge miss even against our street-low estimates. Guidance for a sequentially better 4Q is meaningless as it is always the strongest quarter seasonally. We tweak 2018 earnings down by 2%. The huge earnings miss will likely spur a valuation de-rating. Downgrade to SELL with a lower target price of S$12.90, pegged to 11x 2019F PE. (UOB-KH)
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sbscap Master	05-Nov-2018 16:36        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	UOBKH just didn' t like VMS, for some reason. 11x PE for this stock is a ridiculously low target as it has rarely traded so low on PER basis. I' m adding some at this price. Looking at a rebound back above 17. sunview      ( Date: 05-Nov-2018 14:28) Posted: Venture Corporation - 3Q18: Hard to Get Off A Tiger Downgrade To SELL. (VMS SP/SELL/S$16.26/Target: S$12.90) The impact of IQOS production cut is now apparent. 3Q18 net profit of S$81m was a huge miss even against our street-low estimates. Guidance for a sequentially better 4Q is meaningless as it is always the strongest quarter seasonally. We tweak 2018 earnings down by 2%. The huge earnings miss will likely spur a valuation de-rating. Downgrade to SELL with a lower target price of S$12.90, pegged to 11x 2019F PE. (UOB-KH)
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dimebag Master	05-Nov-2018 15:16        dimebag About Contact  Quote this Post!
x 0   x 0  Alert Admin	MKE maintains Buy but cuts TP to $22.23 to reflect tempered growth expectations and uncertain macro risks.
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KAMAL0883 Supreme	05-Nov-2018 14:35        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	not confident ??? what' s the px they bot back ? investshare      ( Date: 05-Nov-2018 13:48) Posted: Buyback at high price show management is reckless and emotional.
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SuperLuckyCorn Supreme	05-Nov-2018 14:32        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Hmm...Venture back to 15...
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sunview Veteran	05-Nov-2018 14:31        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Venture Corp: A series of unfortunate events ?h A quarter to forget ?h Some positives, but needs time to develop ?h Lower FV of S$20.13 Soft set of 3Q18 results Venture Corporation Ltd&rsquo s (Venture) 3Q18 results came in below our expectations. Revenue fell 27.4% YoY to S$770.4m, which management attributed to (a) customers&rsquo planned transition to new replacement products, (b) some customers&rsquo M& A activities, as well as (c) some point-of-sale businesses recording declines, though the latter has likely reached a trough, in management&rsquo s view. Core PATMI fell 28.5% YoY to S$80.1m, which formed 18.9% of our full-year forecast. On a 9M18 basis, core PATMI was up 12.1% YoY at S$259.0m, constituting 71.4% of our full-year forecast. Notwithstanding the softer set of results, PBT margins continued to climb from 11.5% in 1Q18 to 12.3% in 3Q18. We believe that this was a combination of a change in product/revenue mix for the quarter, as well as tighter cost controls. Overall, we deem this set of results to be under ours and the street&rsquo s expectations. While management was also of the view that 3Q18 numbers were soft, they believe that the revenue drop is but a blip, and was due to an unfortunate confluence of negative transitory events surfacing in 3Q18. To that end, we note that top-line QoQ recovery is to be expected in 4Q18. Trade war impact Management noted that they are in talks to shift production from their current customers&rsquo plants in China to Venture&rsquo s facilities in Malaysia and Singapore, while new customers from the US, who would traditionally source products from China, are now also participating in this supply migration process. However, it is likely that this tailwind would only show up from 1Q19 onwards. Also, management shared that despite the macro rumblings, feedback on customer sales has been encouraging till date, with purchase orders backing up this optimism. Earnings revision According to Bloomberg consensus, Venture&rsquo s US-listed peers have a forward target P/E range of 8.2x &ndash 16.0x. We maintain our 15x target P/E for Venture, given its stronger-than-average net profit margins and healthy balance sheet. However, we have assumed more conservative earnings estimates for FY18 and FY19, thus dropping our FV estimate from S$23.23 to S$20.13. (Joseph Ng) (OCBC)
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sunview Veteran	05-Nov-2018 14:28        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Venture Corporation - 3Q18: Hard to Get Off A Tiger Downgrade To SELL. (VMS SP/SELL/S$16.26/Target: S$12.90) The impact of IQOS production cut is now apparent. 3Q18 net profit of S$81m was a huge miss even against our street-low estimates. Guidance for a sequentially better 4Q is meaningless as it is always the strongest quarter seasonally. We tweak 2018 earnings down by 2%. The huge earnings miss will likely spur a valuation de-rating. Downgrade to SELL with a lower target price of S$12.90, pegged to 11x 2019F PE. (UOB-KH)
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KAMAL0883 Supreme	05-Nov-2018 14:27        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I noticed Ganghoo very positive about stock market/individual stock regardless of whether vested or non vested LOLLLLL it' s good to be positive if one vested but sometime we also have to be more relastic and face the reality if market not doing well. price up up down down very normal , no gtd that only up no down.
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SuperLuckyCorn Supreme	05-Nov-2018 14:12        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Ee?? Need SMRs help?? SMRs not very eng.
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investshare Supreme	05-Nov-2018 13:48        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buyback at high price show management is reckless and emotional.
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Fiat500 Veteran	05-Nov-2018 13:45        Fiat500 About Contact  Quote this Post!
x 0   x 0  Alert Admin	80cts dividend is a one off thing only.. U are not gona get it again in the near future. Qanghoo      ( Date: 05-Nov-2018 10:48) Posted: But yield still likely to be maintain or improved as px slides further.  Was paying div of 50c for a long time.  Then, not too long ago, inclreased to 60.  Now 80c.  Just do our own interpretation .... investshare      ( Date: 05-Nov-2018 10:36) Posted: At $16.26, market cap is $4,699.5mln, trailing P/E is 12.5, P/B is 2.1x and dividend yield is 4.9%. We downgrade our recommendation to HOLD from BUY as street downgrades would pressure the stock despite its reasonable valuations. The PE, and PB is more expensive than DBS?
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sharenoob1984 Veteran	05-Nov-2018 13:39        sharenoob1984 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Qanghoo bro, this case is no different from Singtel. Good dividend payouts, but the share cannot go back to its glory days of close to $4 due to market conditions. I think while dividend went up, a sudden drop in its revenue and the management' s reply of next Q results will be better and etc is basically marketing on potential. Potential is a very dangerous tool without solid sales to substantiate. Also, i have limited experience in Ctt manufacturers and their cyclical cycles are not easy to comprehend, I suggest thread with care. Qanghoo      ( Date: 05-Nov-2018 10:48) Posted: But yield still likely to be maintain or improved as px slides further.  Was paying div of 50c for a long time.  Then, not too long ago, inclreased to 60.  Now 80c.  Just do our own interpretation .... investshare      ( Date: 05-Nov-2018 10:36) Posted: At $16.26, market cap is $4,699.5mln, trailing P/E is 12.5, P/B is 2.1x and dividend yield is 4.9%. We downgrade our recommendation to HOLD from BUY as street downgrades would pressure the stock despite its reasonable valuations. The PE, and PB is more expensive than DBS?
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Fiat500 Veteran	05-Nov-2018 13:31        Fiat500 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$12 coming soon... Brace for impact. ))
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Qanghoo Supreme	05-Nov-2018 10:48        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	But yield still likely to be maintain or improved as px slides further.  Was paying div of 50c for a long time.  Then, not too long ago, inclreased to 60.  Now 80c.  Just do our own interpretation .... investshare      ( Date: 05-Nov-2018 10:36) Posted: At $16.26, market cap is $4,699.5mln, trailing P/E is 12.5, P/B is 2.1x and dividend yield is 4.9%. We downgrade our recommendation to HOLD from BUY as street downgrades would pressure the stock despite its reasonable valuations. The PE, and PB is more expensive than DBS?
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