Venture Corporation

Broker's Calls

Venture could see higher earnings in 2020 on buoyant customer sentiment: Maybank

SINGAPORE (Jan 30): As Venture Corp’s major clients are projecting optimism ahead, Maybank Kim Eng Research reckons that the electronic services provider could do better this year.

Broker's Calls

Venture's FY20 performance could be dragged by major customer's poor revenue guidance

SINGAPORE (Jan 15): Venture Corp’s performance this year could be dragged by a disappointing FY20 revenue guidance by US biotechnology equipment manufacturer Illumina – its major customer – accordi

Broker's Calls

Maybank KE downgrades Venture to 'hold'; recommends lower entry point

SINGAPORE (Nov 12): Maybank Kim Eng Research is downgrading its call on Venture Corporation to “hold” from “buy” previously to reflect to more challenging times.

Results

Venture posts 5.5% increase in 3Q earnings to $85.2 mil on higher revenue

SINGAPORE (Nov 8): Venture Corporation saw its earnings rise 5.5% to $85.2 million for the 3QFY2019 ending Sept 30, from $80.8 million a year ago, on the back of higher revenues for the quarter.

Results

Venture posts 7.3% drop in 2Q earnings to $90.8 mil on lower revenue

SINGAPORE (Aug 8): Venture Corporation reported 2Q19 earnings fell 7.3% to $90.8 million from $97.9 million in 2Q18 a year ago.

Investing ideas

Will Venture Corp take another hit as customer guides for lower growth?

SINGAPORE (July 15): Shares in electronics manufacturer Venture Corporation have fallen a long way since April last year, when it dived spectacularly after a steady two-year climb.

Broker's Calls

Long-term growth for Venture intact despite trade woes: Maybank KimEng

SINGAPORE (June 12): The ongoing US-China trade war has clouded the earnings outlook for local technology stocks.

Results

Venture Corp reports 8.6% rise in 1Q earnings to $90.9 mil on higher revenue

SINGAPORE (Apr 25): Venture Corporation posted earnings of $90.9 million for the 1Q19 ended March, some 8.6% higher than $83.7 million a year ago.

Broker's Calls

Manufacturing presence in Malaysia could benefit Venture amid trade war: CGS-CIMB

SINGAPORE (Nov 7): CGS-CIMB Securities is upgrading its call on Venture Corporation to “add” from “hold” previously as it rolls over to FY20F.

Broker's Calls

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.

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