darn!! missed shorting this wan! :P

 

price drop to $8.61, still can buy? any advise

 

Biz: Contract Mfr(Outsourcing) for d global electronics industry. Main trading partner is US.

Yeah, good show on ds burger at 9.35 on 19 ds mth. No distinct factor shown in public for d declining px.

However, coy going to table d record card in d coming FY meeting, during d mtg, coy will shed some light on d coy's performance.

Last FY was on 19 Feb 09. For d last 10 mths, demands of electronics related stuff shed is open secret, hence it will affect coy revenue cum profit. Moreover, since d beginning of d FY, d greenback fell gradually, thats may also attributed to d net profit.

Above r just AK view only, no calling, though low vol n not cheap stock. 2Y applies. Cheers.

chtan5751      ( Date: 01-Feb-2010 15:58) Posted: Really unbelieveable this counter keep on dropping from last week till now... any comments ? Thks

 

Really unbelieveable this counter keep on dropping from last week till now... any comments ? Thks

 

highly possible

nickyng      ( Date: 06-Jan-2010 14:52) Posted: did anyone sHORT this burger at it's peak today?!?! hee....looks like can make some $$ today from SHORTING! :D

 

did anyone sHORT this burger at it's peak today?!?! hee....looks like can make some $$ today from SHORTING! :D

 

any updates on Venture CDO value?

 

anyone knows which structuring bank is that? Have been searching on the net but cannot find.

 

every shareholder should be eyeing on this piece of news...

"...The Group holds an investment of S$167.8 million in a derivative financial instrument, which matures on 20 December 2009. A number of global financial and credit events have cumulatively had an impact on the valuation of the investment. The Group has made negative mark-to-market adjustments totaling S$120.1 million. The recoverable amount of this investment from the structuring bank has yet to be determined as this is dependent on various factors, including credit events..."

 

Although Hon Hai is rich, n i don't thk they will be interested in Venture.

Might as well acquire better company aboard that can reduce manufacturing & design cost.

lucky168      ( Date: 17-Dec-2009 10:35) Posted: wondering if Hon Hai will be interested in Venture? Venture could be such an attractive acquisition target, isn't it?

 

wondering if Hon Hai will be interested in Venture?

Venture could be such an attractive acquisition target, isn't it?

 

But hear-say, Hon Hai is in good favour to HP.

After all, maybe Hon Hai factory & industries are at China, Malaysia, etc region. Furthermore printer products are considered as low end products.

N to profit more, i believe HP preference will be to look out at players that operate actively in oversea region like China, Malaysia, etc (that is cheaper in cost in design & build).

For Venture, surprisely heard that its printer projects involvement still very much active in Singapore after so many years.

 

lucky168      ( Date: 14-Dec-2009 13:59) Posted: Comparing Venture to Chartered is as good as comparing apples to oranges. Please be careful what you use for analysis. Venture is in the EMS industry and its competitors are in the likes of Hon Hai Precision Industries (Foxconn), Flextronics, Celestica, Sanmina-SCI, Jabil, Elcoteq, Benchmark Electronics,Mara Technologies, Kimball Electronics Group,etc. Venture stands out tall & high among these players that it had maintained profitability since listed, as compared to some competitors who are in the red.   PS: Chartered had never been in profitability (ok ok maybe 1 or 2 quarters only) & had been bleeding in red all these years and lagging behind in technology behind the 2 Taiwan giants TSMC, UMC....

 

TA doesn't look good to me now... very sad 

 

CharteredSem was seen as a blue 5 to 6 years back.  My rich friend bought 10 lots at $ and then average down many lots as it fell.  I thought he paid at least $3 to $5 per share which is worth pre-consolidation today's price divided by 10 or more.

Venture has been good a profitable and consider one of good blue chips in the past.  Hope it still is.

Will take a look and do some homework first.  Should it be worth, I shall buy a fe lots.

 

Comparing Venture to Chartered is as good as comparing apples to oranges. Please be careful what you use for analysis. Venture is in the EMS industry and its competitors are in the likes of Hon Hai Precision Industries (Foxconn), Flextronics, Celestica, Sanmina-SCI, Jabil, Elcoteq, Benchmark Electronics,Mara Technologies, Kimball Electronics Group,etc. Venture stands out tall & high among these players that it had maintained profitability since listed, as compared to some competitors who are in the red.

 

PS: Chartered had never been in profitability (ok ok maybe 1 or 2 quarters only) & had been bleeding in red all these years and lagging behind in technology behind the 2 Taiwan giants TSMC, UMC....

 

When a high value counter slides in profitability, be careful.  Remember Chartered SemiConductor was once above $10 and inspite of several consolidations is now ard $3 plus which means <$0.30+ per share for those who bought several years back.

So don't speculate on high value shares.  Do research when investing. 

Not vested and don't know if Venture is good or bad to invest in.

 

from OCBC:

 

Venture Corp: Maintain HOLD – still lacks positive catalyst

Summary: Venture Corp (VMS) has corrected by nearly 7% since we downgraded our call to a HOLD on 12 Nov 09. Key reason for our downgrade was the persistent slide in margins as VMS continued to take in more low-margin “full configuration” orders from a major customer in its Printing & Imaging (P&I) segment. Based on our industry checks, it looks like the situation is likely to persist into 2010 and continue to weigh on margins. Organic growth is also not expected to be exciting. As the existing core business still lacks positive catalyst, we intend to keep our estimates unchanged for now. With the share price now hovering just above our fair value of S$8.69, we are also maintaining our HOLD rating. (Carey Wong)

 

Ya, n Venture seem still too dependant on printer sale. Which is actually not too good.

ongkk96      ( Date: 10-Dec-2009 10:09) Posted: when HP relocate, venture to lose all the business with them?