Update: VENTURE - Nice Breakout at 13.51 this morning, I think she is soaring higher towards 14.23 and beyond! Please take note!

  Update: VENTURE  - Nice Breakout at 13.51 this morning,  I think she is soaring higher towards 14.23. Next,  she may rise up to test 15.25. Please take note!

Pls dyodd. 

Chart wise,  bullish mode!

She has managed to stay above the 100 days MA and closed well at 13.30 looks like Bull is in control!

Short term wise,  She is likely to rise up to test 13.54 than 14.51 and 15.06.

At 13.30, yield is 5.63% for this blue chips counter which is a 

Pls dyodd. 

Yesterday,  closed well at 13.02 plus high volume Up 49 cents looks rather bullish!

I think likely to clear 13.15 and rises higher to 14 than 14.30 with extension to 16.38.

Pls dyodd.

Quote:

VENTURE Corporation said on Thursday (Nov 30) that its board of directors has established a share buyback plan to purchase up to 10 million ordinary shares of the company.

This plan was authorised by the board on Nov 29, following the approval of Venture’s shareholders of the share purchase mandate at the annual general meeting on Apr 27, the company said in a bourse filing.

Under the mandate, the company can buy up to about 14.5 million shares, which translates to 5 per cent of the total number of issued shares of the company as at the date of the mandate.

Solid! This company cash rich therefore is able to buy back share! Awesome!

Likely to see price rising up to test 13.30 soon!

I am Targeting it can reach 15 to 16 dollars.  

Pls dyodd.

21st November 2023:

 TA wise, she is gaining strength and likely rise up to reclaim 13.30.

A nice crossing over of 13.30 smoothly we may likely see her moving ip towards 14.25.

Pls dyodd. 

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.