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Venture
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2022 Venture Corporation - A Year Of Recovery
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SmallSmall
Supreme |
04-Dec-2023 09:02
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:) $13.49 | |||||||||
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Goodwill77
Supreme |
04-Dec-2023 06:15
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This run up will need to look at the next Q earnings that will end this Dec month  earning may have a lag to catch up yoy expectation Dyodd |
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SlothSG
Veteran |
02-Dec-2023 09:26
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Good starts in Dec 2023 at $13 level. Awaiting for recovery to $15 ..... SBB much needed booster. |
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sinpacent
Member |
01-Dec-2023 16:50
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Hopefully,  the share buyback plan up to 10 million ordinary shares of the company could be executed in large volume and not to waste time (apportunity cost) like previously a few lots at a time. 
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graham73
Member |
01-Dec-2023 11:56
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Venture price reversal is just starting * | |||||||||
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Joelton
Supreme |
01-Dec-2023 11:55
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Venture Corp proposes to buy back up to 10 million shares
VENTURE Corporation said on Thursday (Nov 30) that its board of directors has established a share buyback plan to purchase up to 10 million ordinary shares of the company. 
 
This plan was authorised by the board on Nov 29, following the approval of Venture&rsquo s shareholders of the share purchase mandate at the annual general meeting on Apr 27, the company said in a bourse filing. 
 
Under the mandate, the company can buy up to about 14.5 million shares, which translates to 5 per cent of the total number of issued shares of the company as at the date of the mandate. 
 
Venture&rsquo s board said that the purchase of its shares, under the share buyback plan, will be made only in circumstances where it is considered to be in the best interests of the company. 
 
Purchases or acquisitions of shares will not be made in circumstances which would have or may have a material adverse effect on the financial position of the group, or affect the listing status of the company on the Singapore Exchange, the company added. 
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tongphlp
Supreme |
01-Dec-2023 11:11
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i c...
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SmallSmall
Supreme |
01-Dec-2023 10:47
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You miss the point my friend. Just scroll back the chart further back for HK land and see how the price performed when they initiate the stock buyback. I am not talking about fundamental here  :)  
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tongphlp
Supreme |
01-Dec-2023 10:44
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HK Land is in shit....
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tongphlp
Supreme |
01-Dec-2023 10:42
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subjective lah...
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MambaFinancial89
Veteran |
01-Dec-2023 10:33
Yells: "Be greedy when others are fearful. " |
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Just to correct you, Sir:  Because a share repurchase reduces the number of shares outstanding, it increases earnings per share (EPS). Also, have a read:  Warren Buffett calls stock buyback critics economic illiterate in Berkshire Hathaway annual letter
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GoldenPig
Veteran |
01-Dec-2023 10:12
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I believe it is not beneficial to shareholders if a company uses its precious cash to do SBB at market prices above its NAV/share. It causes NAV/share and EPS to decrease.   It only props up share price temporarily and is a waste of cash resources IMO. SBB adds value to shareholders if executed at market prices way below the NAV/share. It will increase NAV/share and EPS.   |
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SmallSmall
Supreme |
01-Dec-2023 10:05
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SBB is general. This AGM approval to buy up to 10 mil shares is more specific. Remember HK Land?
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tongphlp
Supreme |
01-Dec-2023 09:48
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Good that they do SBB.  Bad as it means price is hard to go up. Need SBB to help stabilise. At times, selling is agressive and so intense SBB also doesn t help.
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sinpacent
Member |
01-Dec-2023 09:45
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Good news! Welcoming the year of the dragon!  |
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SmallSmall
Supreme |
01-Dec-2023 09:24
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Buy the Venture Long DLC on pull back
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Caesar
Master |
01-Dec-2023 09:14
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Looks like it has gone into effect. As of now, up more than 30 cents. 😊
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SmallSmall
Supreme |
01-Dec-2023 09:13
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Plan put in place to do 10 mil share buyback PROPOSED PURCHASES OF SHARES PURSUANT TO THE COMPANY&rsquo S SHARE PURCHASE MANDATE At the Annual General Meeting (&ldquo AGM&rdquo ) of Venture Corporation Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) held on 27 April 2023, the Company&rsquo s shareholders (the &ldquo Shareholders&rdquo ) granted approval of the Share Purchase Mandate (the &ldquo Mandate&rdquo ). Under the Mandate, the maximum number of Shares which may be purchased by the Company is 14,550,528, representing 5% of the total number of issued shares of the Company as at the date of the Mandate (excluding treasury shares). On 29 November 2023, the Board of Directors of the Company authorised the establishment of a share buyback plan to purchase up to 10,000,000 ordinary shares of the Company (&ldquo Shares&rdquo ) pursuant to the Mandate (the &ldquo Share Buyback Plan&rdquo ). The Share Buyback Plan will be effected in accordance with the terms of the Mandate. Purchases of its Shares by the Company pursuant to the Share Buyback Plan would only be made in circumstances where it is considered to be in the best interests of the Company. No purchases or acquisitions of Shares will be made in circumstances which would have (or may have) a material adverse effect on the financial position of the Company and the Group and/or affect the listing status of the Company on the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ). |
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pikachu
Master |
01-Dec-2023 07:12
Yells: "Holy Cow!" |
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I remember last time it was about $18 about a year ago.. | |||||||||
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Caesar
Master |
30-Nov-2023 22:33
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If you are so unhappy with this counter, why not divest and switch all your funds to the fast and furious iFast? Maybe can recoup everything you are losing in Venture. And you can stop cursing and swearing here. Would be good for your health too. 😊
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