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Friday, May 11, 2018

Venture

Venture - The share price has managed to bounce-off from the low of $18.50 and rises above it's 200 days moving average at about $20.00 level.



With the recent bompcom buying back share , looks like price has more or less stabilize and hover above $21.00.

It will need to re-capture the recent high if $22.30 in order to continue to trend higher.


Crossing over 22.30 with ease plus good volume it may likely drive the price higher towards $23.00 then $23.50 level which is also coincide with it's 20 days moving average.


Not a call to buy or sell.

Please do your own due diligence.



Venture Corporation Limited, together with its subsidiaries, provides technology services, products, and solutions in the Asia Pacific. The company operates through Electronics Services Provider, Retail Store Solutions and Industrial, and Components Technology segments. It offers manufacturing, product design and development, engineering, and supply-chain management services to the electronics industry. The company also designs, manufactures, assembles, distributes, and trades in electronic, mechanical, and computer related products and peripherals; manufactures and sells terminal units; develops and markets color imaging products for label printing; designs, integrates, and trades in electronic security systems; and develops and supports information systems. In addition, it engages in the provision of manufacture, design, engineering, customization, and logistics and repair services; manufacture, design, fabrication, stamping and injection, metal punching, and spraying of industrial metal parts, tools, and dies; and design, customization, and marketing of tool-making and precision engineering solutions. Further, the company manufactures plastic injection molds and moldings with secondary processes and subassembly; and provides manufacturing services to electronics equipment manufacturers, as well as offers management services. Additionally, it imports and exports electronic parts, components, equipment, devices, and instruments. Venture Corporation Limited was founded in 1984 and is headquartered in Singapore.

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