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721-740 of 888
Nasdaq future very green. Why this like that?
10 dollars coming
john_ric ( Date: 17-May-2023 10:58) Posted:
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Looking at the price performance, bad news in the horizon..
rledchg11 ( Date: 17-May-2023 18:40) Posted:
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toothless tigers...from the share performance...
rledchg11 ( Date: 17-May-2023 18:40) Posted:
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very smart and profound strategy and move.... dual ceo....
i am sure tiger 1 will sure not poke the tiger 2, vice versa...
instead, they support each other like no others....
wa lau eh... maybe thanks to these 2 tigers.. share price may soon go super interesting......
congratuation... :))
i am sure tiger 1 will sure not poke the tiger 2, vice versa...
instead, they support each other like no others....
wa lau eh... maybe thanks to these 2 tigers.. share price may soon go super interesting......
congratuation... :))
john_ric ( Date: 17-May-2023 10:58) Posted:
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no need for analysts to downgrade
no need to wait till they lose IQOS biz or Philip Morris as their customer
no need for bad news (or further bad news)
price meltdown like crazy....cheap can get cheaper..
no need to wait till they lose IQOS biz or Philip Morris as their customer
no need for bad news (or further bad news)
price meltdown like crazy....cheap can get cheaper..
john_ric ( Date: 17-May-2023 10:58) Posted:
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haha...
who cares if 2 tigers or 20 tigers if the share price is $20 or $50..
share price is heading towards $12 and lower
who cares if 2 tigers or 20 tigers if the share price is $20 or $50..
share price is heading towards $12 and lower
john_ric ( Date: 17-May-2023 10:58) Posted:
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Dual ceo, one mountain 2 tigers?
One monarchy has 2 Kings?
Bad move!
fall from grace
tongphlp ( Date: 16-May-2023 11:33) Posted:
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after 14, 13, then penny stock..
tongphlp ( Date: 12-May-2023 10:00) Posted:
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next announcement is they will announce share buybacks to stabilise the price after the enormous drop?
Joelton ( Date: 12-May-2023 09:10) Posted:
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why is it all this while Ah Wong didn' t come out to say anything?
DBS - DYODD
$Venture(V03.SI) ...change for the better?
- at least better visibility when reporting with two segments
- two segments: differentiated strategies for margin and growth?
&zwnj DBS, 12 May 2023
News Analysis: Restructuring business into two key units, each with a CEO, paving the way for the next phase of growth
- Forming two business units, each with a CEO
- Mr Lee Ghai Keen, the current group CEO, will be the CEO for TPS while Mr Wong, current COO, helms the AMDS cluster
- Setting the stage for long-term growth with the new structure
- Near term weakness, long term positive maintain HOLD with TP of S$18.10
&zwnj WHAT&rsquo S NEW
Forming two business units, each with a CEO. Venture has expanded over the years to become a leading provider of technology services, products and solutions. As the businesses under the Group&rsquo s diversified technology domains have grown in scope and scale, the group is restructuring its main business to form two major technology business groups, known as Technology Products & Solutions (TPS) group and Advanced Manufacturing & Design Solutions (AMDS) group. TPS and AMDS will each be led by a CEO.
&zwnj Mr Lee Ghai Keen will be the CEO for TPS. TPS businesses comprise primarily the Life-Science & Genomics domain, the Custom Design Business (focused on leading-edge Biotech and medical equipment) and the Solutions & Strategic Modules Business. TPS will also oversee the Precision Engineering Business. Mr Lee Ghai Keen will head the businesses under TPS as its CEO.
&zwnj Mr Lee is the current group CEO and has been with Venture since 1998. Before the appointment of CEO in late 2021, he was instrumental in driving the group&rsquo s R& D efforts. As CEO of the group, Mr Lee is responsible for setting the business direction and strategies.
&zwnj Mr Wong Chee Kheong will helm the AMDS cluster. AMDS group of businesses are engaged in the design and manufacture of a wide range of sophisticated electronic products, including products within the Healthcare, Luxury Lifestyle and Wellness domain, Semi-Conductor related equipment and modules, and several other emerging tech domains. Mr Wong Chee Kheong, the current COO, will be promoted as CEO with effect from 1 June 2023 to head this unit.
Mr Wong, who has been with Venture for 19 years, will continue to lead Venture Group&rsquo s IT and Global Supplier Base Management divisions. As COO, he is responsible for driving operational excellence and business growth across all of Venture&rsquo s technology domains.
&zwnj Appointment of CFO and CHRO. Separately, the group has also appointed Ms Anthea Ng as the Group CFO. Ms Ng will be responsible for the group&rsquo s overall financial functions including accounting, treasury, financial reporting, credit management, tax and risk management and investor relations. Ms Ng has been with Venture since 2014, as the Group Finance Director.
&zwnj Ms Juliana Ang Chieh Hwee has been appointed as the Group Chief Human Resource Officer (CHRO).
&zwnj Setting the stage for long-term growth. Venture is restructuring its business groupings and leadership paradigm to scale new frontiers and become a key player in the different technology domains. The group will continue to invest in new differentiating capabilities to achieve long-term sustainable growth.
&zwnj Near term weakness, long term positive maintain HOLD with TP of S$18.10. We continue to like Venture as we believe the group would be able to emerge stronger when the global economy recovers. We remain positive on Venture&rsquo s ability to monetise its unique offerings and differentiating capabilities. However, near term, demand is expected to remain soft on the back of the uncertain macro-economic backdrop. We expect earnings to dip 11% y-o-y in FY23F and to recover with a 7% growth in FY24F.
&zwnj Maintain HOLD call with TP of S$18.10.
$Venture(V03.SI) ...change for the better?
- at least better visibility when reporting with two segments
- two segments: differentiated strategies for margin and growth?
&zwnj DBS, 12 May 2023
News Analysis: Restructuring business into two key units, each with a CEO, paving the way for the next phase of growth
- Forming two business units, each with a CEO
- Mr Lee Ghai Keen, the current group CEO, will be the CEO for TPS while Mr Wong, current COO, helms the AMDS cluster
- Setting the stage for long-term growth with the new structure
- Near term weakness, long term positive maintain HOLD with TP of S$18.10
&zwnj WHAT&rsquo S NEW
Forming two business units, each with a CEO. Venture has expanded over the years to become a leading provider of technology services, products and solutions. As the businesses under the Group&rsquo s diversified technology domains have grown in scope and scale, the group is restructuring its main business to form two major technology business groups, known as Technology Products & Solutions (TPS) group and Advanced Manufacturing & Design Solutions (AMDS) group. TPS and AMDS will each be led by a CEO.
&zwnj Mr Lee Ghai Keen will be the CEO for TPS. TPS businesses comprise primarily the Life-Science & Genomics domain, the Custom Design Business (focused on leading-edge Biotech and medical equipment) and the Solutions & Strategic Modules Business. TPS will also oversee the Precision Engineering Business. Mr Lee Ghai Keen will head the businesses under TPS as its CEO.
&zwnj Mr Lee is the current group CEO and has been with Venture since 1998. Before the appointment of CEO in late 2021, he was instrumental in driving the group&rsquo s R& D efforts. As CEO of the group, Mr Lee is responsible for setting the business direction and strategies.
&zwnj Mr Wong Chee Kheong will helm the AMDS cluster. AMDS group of businesses are engaged in the design and manufacture of a wide range of sophisticated electronic products, including products within the Healthcare, Luxury Lifestyle and Wellness domain, Semi-Conductor related equipment and modules, and several other emerging tech domains. Mr Wong Chee Kheong, the current COO, will be promoted as CEO with effect from 1 June 2023 to head this unit.
Mr Wong, who has been with Venture for 19 years, will continue to lead Venture Group&rsquo s IT and Global Supplier Base Management divisions. As COO, he is responsible for driving operational excellence and business growth across all of Venture&rsquo s technology domains.
&zwnj Appointment of CFO and CHRO. Separately, the group has also appointed Ms Anthea Ng as the Group CFO. Ms Ng will be responsible for the group&rsquo s overall financial functions including accounting, treasury, financial reporting, credit management, tax and risk management and investor relations. Ms Ng has been with Venture since 2014, as the Group Finance Director.
&zwnj Ms Juliana Ang Chieh Hwee has been appointed as the Group Chief Human Resource Officer (CHRO).
&zwnj Setting the stage for long-term growth. Venture is restructuring its business groupings and leadership paradigm to scale new frontiers and become a key player in the different technology domains. The group will continue to invest in new differentiating capabilities to achieve long-term sustainable growth.
&zwnj Near term weakness, long term positive maintain HOLD with TP of S$18.10. We continue to like Venture as we believe the group would be able to emerge stronger when the global economy recovers. We remain positive on Venture&rsquo s ability to monetise its unique offerings and differentiating capabilities. However, near term, demand is expected to remain soft on the back of the uncertain macro-economic backdrop. We expect earnings to dip 11% y-o-y in FY23F and to recover with a 7% growth in FY24F.
&zwnj Maintain HOLD call with TP of S$18.10.
tongphlp ( Date: 12-May-2023 11:34) Posted:
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BlackRock could be providing support to the price...
Joelton ( Date: 12-May-2023 09:10) Posted:
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again, prayers have been answered...
tongphlp ( Date: 14-Mar-2023 11:14) Posted:
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looks like prayers have been answered...
tongphlp ( Date: 08-May-2023 09:22) Posted:
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I think both sides to compromise on debt ceiling .. start to print money.
A meeting planned for Friday between President Biden and top congressional officials on the debt ceiling has been postponed until next week, leaders in Congress said.
The delay came amid intensifying concerns about the looming deadline for averting a default on the U.S. debt, with both liberal and conservatives beginning to balk at the emerging outlines of a potential deal.
A meeting planned for Friday between President Biden and top congressional officials on the debt ceiling has been postponed until next week, leaders in Congress said.
The delay came amid intensifying concerns about the looming deadline for averting a default on the U.S. debt, with both liberal and conservatives beginning to balk at the emerging outlines of a potential deal.
michaeltan ( Date: 11-May-2023 15:56) Posted:
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about time...at least they are doing something...
share price has taken a beating and is no longer a star performer...
share price has taken a beating and is no longer a star performer...
Joelton ( Date: 12-May-2023 09:10) Posted:
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Venture Corp to install dual CEOs in restructuring
STRAITS Times Index constituent Venture Corporation on Thursday (May 11) announced the promotion of its chief operating officer Wong Chee Kheong as chief executive officer (CEO) of one of its major technology business groups as part of the company&rsquo s restructuring.
Wong will lead the advanced manufacturing and design solutions (AMDS) group from Jun 1, while current CEO Lee Ghai Keen, who was promoted last year, will lead the other major business group, referred to as the technology products and solutions (TPS) group.
Venture said it wishes to deepen the focus, and drive the growth of their underlying businesses.
The group&rsquo s executive chairman Wong Ngit Liong said in the bourse filing that as dual CEOs, Lee and Wong are both vital to lead Venture&rsquo s two business groups over the next decade.
He described Lee&rsquo s role as a continuing focus on the technology-driven transformation of the life science domain and other businesses under TPS.
Wong, on the other hand, will innovate, differentiate and sophisticate the technology products underpinning Venture&rsquo s organic electronic manufacturing services and other businesses under AMDS, he pointed out.
Speaking on behalf of the board, nominating committee chairperson Kay Kuok Oon Kwong said the fast-paced and growth-focused technology industry of today faces increasing complexities, disruptions and uncertainties. &ldquo We need new thinking on how the company is run,&rdquo she added.
She also said the board views that having two CEOs, who are home-grown, with substantial technical knowledge in the key spheres of technology business and aligned to Venture&rsquo s mission, vision and values, is an effective leadership model.
The two groups
The TPS group includes the life science and genomics domain, custom design business that is focused on biotech and medical equipment, and the solutions and strategic modules business. All of these businesses were recently corporatised as the Ventech Group.
The group said TPS will also oversee the precision engineering business, presently undertaken by entities under the Univac Group.
The AMDS group of businesses is engaged in the design and manufacture of a wide range of electronic products, such as products within the healthcare, luxury lifestyle and wellness domain, and semiconductor-related equipment and modules.
While Wong Chee Kheong is to lead the AMDS group, he will still head Venture Group&rsquo s IT and global supplier base management divisions, both of which are adapting fast to manage the many challenges in their operating environments, the group noted.
Separately, Venture announced that it has appointed its group finance director Anthea Ng Lee Leng as group chief financial officer, and Income Insurance&rsquo s chief people officer Juliana Ang Chieh Hwee as group chief human resource officer. They will assume their new roles on Jun 1.
https://www.businesstimes.com.sg/companies-markets/venture-corp-install-dual-ceos-restructuring
i think so.... :)))
CEO ... salary .. .package... cheap meh? piang....
i think so.... :)))
CEO ... salary .. .package... cheap meh? piang....
michaeltan ( Date: 11-May-2023 15:56) Posted:
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