Latest Forum Topics /
Venture
Last:17.96
-0.14
|
 Post Reply
|
|
Acesian Partners?Rosy Order Book
|
|||||
|
tongphlp
Supreme |
15-Jul-2021 08:48
|
||||
|
x 0
x 0 Alert Admin |
Singapore Blue Chip #10: How to Buy This &lsquo Quiet&rsquo Singapore Dividend MachineVenture Corp (SGX:V03) was founded in 1984. You could say Venture Corp is an OEM giant, mailing electronics devices for Fortune 500 companies. An OEM is a company who makes equipment and devices that are used in another company&rsquo s end products. For instance, Venture Corp makes Hewlett Packard&rsquo s printers. Venture Corp hit its first billion-dollar revenue in 2000 &mdash riding the booming trend of the dot-com era of the late 1990s. Not many people know this. But I&rsquo ll tell you.  Source: www.dividendtitan.com Venture Corp makes a wide range of stuff. The stuff that many technology companies need last time &mdash printing and imaging products, routers, barcode scanners, networking and communication products. These are all bought by big telco players, semiconductor manufacturers and consumer electronic makers. It counts big brands like Hewlett Packard as its long-time customers. At one point, it almost clinched a huge project with Philip Morris (seller of Malboro cigarettes) to manufacture e-cigarettes. The thing is, Venture Corp doesn&rsquo t only sell in Singapore, but across all over the world in Asia. Venture Corp&rsquo s 40 years of reputation earned it an electronics maker &ldquo powerhouse&rdquo . I&rsquo ve studied Venture Corp&rsquo s annual reports for years. If there&rsquo s one thing, I say Venture Corp has done exceptionally well is this. It constantly adapts swiftly to our fast-changing world. Right now, the company is transforming itself. Venture Corp is looking into making stuff for the life science genome, artificial intelligence, &lsquo internet of things&rdquo industries. Even moving into the electric vehicle battery industry. And despite the COVID pandemic, Venture Corp continued to grow steadily. During its first quarter financial results of 2021, revenues and net profits grew 2% and 8.3% respectively year-on-year, to S$687 million and S$65 million respectively. Management expects the company to improve further in the second quarter. Venture Corp&rsquo s growth potential is huge. For example, global &ldquo Internet of Things&rdquo is expected to grow at a rate of close to 14% per annum till 2023. And with quicker transmission of data, larger network capacity, plus a more secure 5G will push more devices to be connected using the Internet of Things. According to International Data Corporation (IDC), a global market intelligence firm, global Internet of Things spending will reach US$1.1 billion by 2023, up from US$749 million in 2020. Many companies in these related industries are going to need Venture Corp to make the stuff to fulfil a growing demand. But what&rsquo s more important is Venture Corp&rsquo s alignment with shareholders. Management does not have a fixed dividend policy. But the company has paid dividends in abundance since its listing in 1992. And they are able to maintain this perfect track record. All from its cash flow generative business. It paid an average 50 cents dividends per share. Last year, it decided to reward shareholders with a 75 cents per share dividends. As a whole, Venture Corp has paid out over S$2.3 billion since 1992 till date. This is a steady dividend payer. Venture has enough firepower to continue its rich research & development capabilities across various technical domains. This allows it to quickly adapt and transform its business to the latest technology developments. I think Venture Corp is a great company to get into if you&rsquo re interested in riding the huge technology wave. It&rsquo s a different type of company, unlike the smaller OEM companies or the largely unprofitable technology stocks. Even though Venture Corp&rsquo s growth may not be as strong, but it provides a certain level of stability and safety to its dividends. A perfect fit for a dividend portfolio. Venture Corp is in my Best 10 Singapore Blue-Chips to Buy for 2021 https://www.dividendtitan.com/10-best-singapore-blue-chips-to-buy-2021-updated/ |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
14-Jul-2021 15:54
|
||||
|
x 0
x 0 Alert Admin |
Philip Morris International Inc. to Host Webcast of 2021 Second-Quarter ResultsJuly 13, 2021 11:02 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (NYSE: PM) will host a live audio webcast on www.pmi.com/2021Q2earnings on Tuesday, July 20, 2021, at 9:00 a.m. ET to discuss its 2021 Second-Quarter results, which will be issued at approximately 7:00 a.m. ET the same day. Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products, associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. In addition, PMI ships versions of its IQOS Platform 1 device and consumables to Altria Group, Inc. for sale under license in the U.S., where these products have received marketing authorizations from the U.S. Food and Drug Administration (FDA) under the premarket tobacco product application (PMTA) pathway the FDA has also authorized the marketing of a version of IQOS and its consumables as a Modified Risk Tobacco Product (MRTP), finding that an exposure modification order for these products is appropriate to promote the public health. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI' s smoke-free product portfolio includes heat-not-burn and nicotine-containing vapor products. As of March 31, 2021, PMI' s smoke-free products are available for sale in 66 markets in key cities or nationwide, and PMI estimates that approximately 14.0 million adults around the world have already switched to IQOS and stopped smoking. For more information, please visit www.pmi.com and www.pmiscience.com. https://www.businesswire.com/news/home/20210713005867/en/Philip-Morris-International-Inc.-to-Host-Webcast-of-2021-Second-Quarter-Results |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tongphlp
Supreme |
14-Jul-2021 15:51
|
||||
|
x 0
x 0 Alert Admin |
Venture is not owned by hedge funds. With a 7.0% stake, CEO Ngit Liong Wong is the largest shareholder. Schroder Investment Management Limited is the second largest shareholder owning 7.0% of common stock, and BlackRock, Inc. holds about 5.0% of the company stock. |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
14-Jul-2021 15:45
|
||||
|
x 0
x 0 Alert Admin |
Brokers' take: Maybank KE positive on semicon manufacturing suppliers as Lam Research expands in Asiahttps://www.businesstimes.com.sg/stocks/brokers-take-maybank-ke-positive-on-semicon-manufacturing-suppliers-as-lam-research-expandsMAYBANK Kim Eng is positive on a number of semiconductor manufacturing suppliers after attending Lam Research' s suppliers briefing, it said in a report released on July 2. Analysts Lai Gene Lih and Kevin Wong noted that the wafer fabrication equipment (WFE) manufacturer' s expansion in Asia and its push for localisation could create growth opportunities for its suppliers in the region. Industry association SEMI, formerly known as the Semiconductor Equipment and Materials International, expects 29 high volume fabs to break ground next year, of which 20 will be in Asia. As such, the analysts like that Lam Research " has made Malaysia a manufacturing centre of excellence" as its Batu Kawan plant in Penang began production in May this year. To support their growth in Asia, the analysts predict that UMS Holdings, Frencken Group and Venture Corporation are potential beneficiaries from this expansion as they already have a presence in WFE precision engineering or assembly. Furthermore, their strong track records serving blue-chip customers as well as their environmental, social and governance standards make these companies attractive suppliers for Lam Research, the analysts said. Stay updated with
|
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
14-Jul-2021 07:07
|
||||
|
x 0
x 0 Alert Admin |
Highlight of the Week by Geoff Howie Tech Stocks on the Move, UMS & Nanofilm Reach All-time Highs 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tongphlp
Supreme |
09-Jul-2021 11:13
|
||||
|
x 0
x 0 Alert Admin |
Philip Morris International relocates corporate headquarters to Connecticut to accelerate its smoke-free ambitions22 Jun 2021 · 5 min readThe move, welcomed by Connecticut&rsquo s Governor Ned Lamont, will boost the state&rsquo s economy with approximately 200 new jobs.
Philip Morris International relocates corporate headquarters to Connecticut to accelerate its smoke-free ambitions | PMI |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
09-Jul-2021 09:59
|
||||
|
x 0
x 0 Alert Admin |
Philip Morris International Inc. stock outperforms market despite losses on the dayPublished: July 8, 2021 at 5:16 p.m. ET |
||||
| Useful To Me Not Useful To Me | |||||
|
nott1965
Veteran |
08-Jul-2021 16:21
|
||||
|
x 0
x 0 Alert Admin |
When China sneezes. whole world catches a cold. Let' s pray for China to wear a mask
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tongphlp
Supreme |
08-Jul-2021 16:19
|
||||
|
x 0
x 0 Alert Admin |
Did someone downgrade Venture again?
|
||||
| Useful To Me Not Useful To Me | |||||
|
PhillipTan
Supreme |
06-Jul-2021 23:09
|
||||
|
x 0
x 0 Alert Admin |
Maybank KE identifies potential ESG winners in economic transitionMaybank Kim Eng is positive that companies like DBS, Venture Corporation and ComfortDelGro offer strategic advantages as Singapore addresses the environmental, social and governance (ESG) challenges in the coming years.In its Singapore ESG Compendium released on Monday, Maybank KE analysts said that the nation faces threats from climate change and social and governance risks from its role as a regional financial centre. Yet, there are also opportunities for companies to reform and be greener as more investors seek sustainable and transparent companies post-pandemic. For instance, the top five performers in the SGX iEdge ESG Leaders index have outperformed their counterparts in the Straits Times Index by 616 per cent in 2020 alone, and by another 124 per cent year to date. In the manufacturing sector, AEM Holdings stands out as an equipment maker that has balanced shareholder transparency with business requirements, said Maybank KE. Electronics manufacturing services company Venture Corporation is also favoured by analysts as it has actively reskilled employees, who benefited from an average of 126.7 hours of formal training. Venture Corp closed up 0.31 per cent at S$19.16, while AEM closed up 1.53 per cent to S$3.98 on Tuesday. |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
06-Jul-2021 16:14
|
||||
|
x 0
x 0 Alert Admin |
Venture' s turn to shine should be soon :)
|
||||
| Useful To Me Not Useful To Me | |||||
|
laughingchartist
Senior |
06-Jul-2021 16:05
Yells: "Provides TA strategies to top tier FIs! Always up for a chat" |
||||
|
x 0
x 0 Alert Admin |
Hi peeps, this is what I see for Venture today Price looks like it should trend higher. As always, please DYODD!  I have also included the details of the DLC DLAW here for reference. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
PhillipTan
Supreme |
05-Jul-2021 12:01
|
||||
|
x 0
x 0 Alert Admin |
Maybank KE positive on semicon manufacturing suppliers as Lam Research expands in AsiaMaybank Kim Eng is positive on a number of semiconductor manufacturing suppliers after attending Lam Research' s suppliers briefing, it said in a report released on July 2.Analysts Lai Gene Lih and Kevin Wong noted that the wafer fabrication equipment (WFE) manufacturer' s expansion in Asia and its push for localisation could create growth opportunities for its suppliers in the region. SEMI, formerly known as the Semiconductor Equipment and Materials International, expects 29 high volume fabs to break ground next year, of which 20 will be in Asia. As such, the analysts like that Lam Research " has made Malaysia a manufacturing centre of excellence" as its Batu Kawan plant in Penang began production in May this year. To support their growth in Asia, the analysts predict that UMS Holdings, Frencken Group and Venture Corporation are potential beneficiaries from this expansion as they already have a presence in WFE precision engineering or assembly. Furthermore, their strong track records serving blue-chip customers as well as their environmental, social and governance standards make these companies attractive suppliers for Lam Research, the analysts said. Maintaining " buy" on UMS, Venture and Frencken with target prices of S$1.80, S$22 and S$2 and price upsides of 21 per cent, 18 per cent and 10 per cent as per their Friday closing prices respectively, the analysts noted that partnering Lam Research could " help suppliers cushion negative cyclicality, depending on the timing and size of opportunity secured" . " As successful localisation appears a key priority for Lam to drive its Asia expansion, we believe this is just the beginning of Lam' s supply chain buildout in Malaysia and across this region," the analysts said. As for the firms cited, the analysts like UMS' s strong net margins of 20 to 30 per cent, which suggests its precision and engineering capabilities represent a robust value proposition to its customers. While UMS already serves Applied Materials, another WFE player, they are confident that the firm will be able to segregate its resources to prevent intellectual property leaks as cited by Lam Research. Similarly, the analysts noted that Frencken is also serving other WFE players and could potentially serve Lam Research as well. Its diversified revenue base and strong balance sheet suggest that it would be well-positioned to take advantage of any growth opportunities. Venture, with its strong capabilities in assembly, has also created value in life sciences and medical technology equipment. With its recent penetration into semiconductor equipment supply chains, the analysts are confident that the firm will be able to expand into the field, even if any near term positive impact would not be outsized. Shares of UMS traded down S$0.01 or 0.7 per cent at S$1.52, while Frencken was flat at S$1.84 as of 10.48am. At the same time, Venture traded up 0.5 per cent or S$0.10 to S$19.13. |
||||
| Useful To Me Not Useful To Me | |||||
|
nott1965
Veteran |
02-Jul-2021 21:51
|
||||
|
x 0
x 0 Alert Admin |
Good news coming, Next week cheong https://www.sgx.com/securities/company-announcements?page=3& pagesize=20#:~:text=VENTURE%20CORPORATION%20LIMITED-,Financial%20Statements%20and%20Related%20Announcement%3A%3ANotification%20of%20Results%20Release,-Financial%20Statements | ||||
| Useful To Me Not Useful To Me | |||||
|
nott1965
Veteran |
02-Jul-2021 13:26
|
||||
|
x 0
x 0 Alert Admin |
I believed it is because T + 3 after upgrade from CIMB on Mon. No need to worry. As managment already assured, good news to be announced next month during results brieing
|
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Jul-2021 13:08
|
||||
|
x 0
x 0 Alert Admin |
Did this Wei chap again downgrade Venture? What' s happening> ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
02-Jul-2021 09:19
|
||||
|
x 0
x 0 Alert Admin |
Grab-Singtel venture, iFast consortium apply for Malaysia digital bank licences
The Grab-Singtel consortium and consumer Internet company Sea bagged two of Singapore' s digital full-bank licences in December 2020.
SINGAPORE - Shares of Singtel and iFast Corporation were heavily traded on Thursday (July 1) after the companies announced separately their applications for a digital bank licence in Malaysia.
Singtel said before the stock market opened on Thursday that it had applied for a digibank licence in Malaysia through its joint venture with Grab and &ldquo a consortium of other investors&rdquo . No further information was provided.
A day earlier, wealth management platform iFast Corporation announced it is leading a consortium applying for a licence from Bank Negara Malaysia. If its application is successful, iFast said it will own a 40 per cent stake in the digital bank.
Singtel shares rose two cents, or 0.9 per cent, to an intraday high of $2.31 on Thursday. They closed the day at $2.28, down0.4 per cent from the previous day at $2.29, with some 21.4 million shares changing hands.
Meanwhile, iFast closed the day up 13 cents, or 1.6 per cent, to $8.28, with a hefty862.1 million shares traded.
Mr Lim Chung Chun, chairman and chief executive of iFast, said that the beneficial equity ownership of the consortium will be 57 per cent Malaysian.
iFast&rsquo s Malaysian consortium partners include Koperasi Angkatan Tentera Malaysia, which is the cooperative organisation for Malaysian military personnel.
The other Malaysian partners are THZ Alliance, a Malaysian investment firm founded by Tengku Dato&rsquo Dr Hishammuddin Zaizi, who is a cousin of the Sultan of Selangor, and Mr Lee Thiam Wah, founder and major shareholder of mini-mart chain 99 Speed Mart.
The Malaysian partners will give the consortium a strong local presence and help execute its strategy of targeting the bottom 40 per cent of the Malaysian population, which Mr Lim believes remains unbanked or underserved.
Part of the consortium will also comprise Yillion Fintech, an arm of Yillion Bank, one of four digital banks in China founded by Zonfar Financial Holding and Hong Kong-listed Meituan Dianping.
&ldquo We will also benefit from Yillion&rsquo s experience in digital banking in China as we expand in Malaysia,&rdquo Mr Lim said.
Bank Negara will be issuing up to five digital bank licences next year. The deadline for applications was June 30.
CGS-CIMB analyst Andrea Choong said competition will be tough in Malaysia, with over 40 applicants reportedly vying for the licence.
Other contenders for the licences include consortiums led by Malaysian telco Axiata and digital payments firm Pertama Digital. Among Malaysian companies that have announced a desire to apply are real estate developer Sunway, budget airline AirAsia via its financial app BigPay and tech company Green Packet.
Several other Singapore firms that have voiced interest in Malaysian digital banking include e-commerce giant Sea Group and gaming company Razer Fintech.
The Monetary Authority of Singapore last year awarded digital full bank licences to Sea Group and the Grab-Singtel consortium, while iFast&rsquo s application to secure a digital wholesale bank licence in Singapore was unsuccessful.
|
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Jul-2021 08:33
|
||||
|
x 0
x 0 Alert Admin |
Next Generation Products: Philip Morris InternationalThis page was last edited on 15 June 2021, at 11:29 pm.https://tobaccotactics.org/wiki/next-generation-products-philip-morris-international/ |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Jul-2021 08:29
|
||||
|
x 0
x 0 Alert Admin |
IQOS 3 Modified Risk Tobacco Product Application Moves ForwardFDA is accepting public comments on submissionBy Hannah Prokop on May 18, 2021https://www.cspdailynews.com/tobacco/iqos-3-modified-risk-tobacco-product-application-moves-forward |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Jul-2021 08:09
|
||||
|
x 0
x 0 Alert Admin |
Is Venture Corporation worth S$22.70 a share?Will Venture Corporation&rsquo s share price improve on the back of an upbeat Q2 2021 forecast? https://www.ig.com/sg/news-and-trade-ideas/is-venture-corporation-worth-s-22-70-a-share--210504Venture Corporation shares have declined as much as 4.4% since announcing its Q1 2021 earnings. The technology solutions provider posted an 8.3% year-on-year growth in net profit for the first quarter of 2021 to S$65.3 million. Net profit margin also grew from 9% in Q1 2020 to 9.5% in Q1 of 2021. The widening profit margin was &lsquo despite tepid growth in revenue due to global parts and components shortages&rsquo , the group shared in a Singapore Exchange filing. Revenue had increased 2% to S$686.7 million in Q1 2021. DBS analysts maintained a &lsquo buy&rsquo call on the stock on 05 May 2021, while lowering their price target to S$22.70 from S$24.30 previously. The price target is pegged to a 20.5x price-to-earnings (P/E) ratio on FY2021 earnings, at a +2SD (standard deviation) of its five-year average P/E ratio. The researchers noted that Venture&rsquo s Q1 2021 performance &lsquo was affected by supply disruptions for parts and components&rsquo . Nevertheless, they believe that the company&rsquo s product pipeline remains strong, with the group working towards the launch of new products across the Instrumentation, Networking & Communications, Advanced Industrials and Advanced Semiconductor-related Equipment domains. The analysts are also confident that the company has strong financials to support a repeat dividend per share payout of S$0.75 in FY2021. This will work out to &lsquo an attractive yield of c.4%&rsquo , they said. Risks, however, include weakening client or global growth prospects due to a global economic slowdown and dampened US dollar sentiments. What are the company&rsquo s next steps?Earnings per share for the quarter came in at S$0.224, up 7% from the S$0.208 posted in Q1 of 2020. Looking ahead, the group expects a quarter-on-quarter improvement in Q2 2021, as well as stronger H1 2021 performance compared to the prior year. &lsquo Orders from Venture&rsquo s customers are showing broad-based strength across the Group&rsquo s diverse technology domains,&rsquo it said. Customer orders in the Life Science Technologies, Medtech Devices & Equipment, and Lifestyle & Wellness Consumer Technology domains are &lsquo also coming in strong&rsquo . Although the group is seeing a strong pipeline of orders, ongoing supply disruptions for parts and components have also led to fulfilment issues. In response, the company says it has set up several working groups to manage its global supply base. &lsquo In addition to regular communications with our operations teams to strategise solutions, these groups also implement joint initiatives with various external stakeholders such as our customers and partners, suppliers and components manufacturers, to secure the parts and components to meet our shipment plans,&rsquo Venture said.
|
||||
| Useful To Me Not Useful To Me | |||||
