Venture - Nice Breakout at 14.13, Fantastic! A nice uptrend has formed today , Up 5 per cent or S$0.68 to close at S$14.40 after a knee jerk reaction to the results last Friday! 4th quarter net profit was up and strong demand for 2nd Half of 2024 would likely boost their Gross revenue and net profit for Y2024! Please take note!

Venture  - Nice Breakout at 14.13,  Fantastic! A nice uptrend has formed today , Up 5 per cent or S$0.68 to close at S$14.40 after a knee jerk reaction to the results last Friday! 4th quarter net profit was up and strong demand for 2nd Half of 2024 would likely boost their Gross revenue and net profit for Y2024! Do take note! 

 

Nice Breakout at 14.13, fantastic! Pathing the new uptrend direction!

Likely to rise up further towards 15 than 15.23 and 16 and above.

Pls dyodd. 

Venture Corporation  - 4th quarter results is out! Gross Revenue is up 4.3 percent to 736.6m, Net profit is up 5.3 percent to 66.7m. FY total Revenue is down 21.7 percent to 3025m and Net profit is down 26.9 percent to 270m. Free cash flow is positive +100 percent to 439m. 

Net cash position of 1056m, zero debt. 

At 14.10, yield is about 5.32%.

Proposed Final dividend of 50 cents same as last year.

XD 7th May.

Pay date 21 May.

Outlook: A stronger 2nd Half for Y2024.

Pls dyodd.