V-shaped recovery

Strong earnings recovery expected for Venture Corp after a dismal 3Q
SINGAPORE (Nov 5): RHB Research and OCBC Investment Research are maintaining their “buy” calls on Venture Corp while lowering their target price and fair value estimate to $19 and $20.13, from $22.20 and $23.23, respectively. This comes after the group last week reported a y-o-y decline in 3Q18 earnings on lower revenue. While RHB has slashed its FY18-19F earnings per share (EPS) ...