Wednesday, November 15, 2023

Venture Corporation - Wah, She has rebounded nicely from the bottoming price of 11.36 and closed well at 12.88, looks rather bullish! Likely to continue to trend higher!

Chart wise,  bullish mode!

I think she may rise up to test 13.30.

A nice breakout smoothly plus high volume we may see her rising up to test 15.10 than 16.00 and 16.40.

Yearly Dividend is 0.75.

Yield is 5.88% at 12.88.

Pls dyodd. 

TA wise, bullish mode!

This morning she has manged to cross over the resistance level at 12.50 plus good volume this is rather positive!

Short term wise,  I think likely to rise up to test 13.00 than 13.30 with extension to 14.00 than 14.36.

Not a call to buy or sell!

Pls dyodd. 

The recent 3rd quarter results is within expectations. 

9 months Net Profit is down 25.2% to 203.3m.

Net cash on hands increase to 956.5m.

I think cash per share is more than 3.00.

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