
Any TA guy here wanna share his view's on Venture's likely price direction for the next few days?
Some one told me 1 brokerage call for a TA buy when it was $3.95 recently, suggesting upside in near-term???
Btw, I just realized Venture did rebound from it's Oct 28th low to an intraday high of $7 in the following days. But it's now still languishing near it's lows whereas the banks have oredi rebounded well above their recent lows.
mikewb21 ( Date: 27-Nov-2008 11:35) Posted:
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3Qr profit fell to 40.13m as compared to pervious same period of 76.33m. A 47.4% decline in pf.
9 mths running by end Sep, profit shed to 162 m as compared to previous of 225 m. A 28.2% slide in pf.
Profits fell attributed to significant drop in forex gain n fair value loss on derivative financial instrument.
Generally its electronics industry demand will be affected in current situation.
Global electronics Industries in Penang will slash workforce by next yr, paper reported today.
No call for anything, for sharing.
I'm not an expert in TA. Still learning. This counter is not my counter as I avoid electronic-based company due to its volatility, esp recession.
TA MA shows downtrend, with inc vol. Not a very good sign, in my opinion. Wow just this Jan was about $13, not only barely $4. Quite tempting of course but perhaps wait for MA to trend up at least.
leong3k ( Date: 25-Nov-2008 13:37) Posted:
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Yah, saw the price at 4.47 just now my eyes nearly pop out
But bo pian lah, now market are all speculative & irrational... all BB playing field... small potato like us just be careful loh
bh704428 ( Date: 20-Nov-2008 16:30) Posted:
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wah like that u bang balls, wasted, u shuld hav held on.
Venture was at $4.41 to $ 4.42 now, u would have been in the profit now if u held on,
crimson ( Date: 20-Nov-2008 15:29) Posted:
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Let go, a blessing for disguise loh. Come back one fine day liao. Cheers.
crimson ( Date: 20-Nov-2008 15:29) Posted:
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bh704428 ( Date: 20-Nov-2008 14:38) Posted:
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Buy OCBC better, why venture?
Short those counters still in green!!
crimson ( Date: 20-Nov-2008 14:11) Posted:
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As AK posted earlier, this burger is a contract mgr for the global electronics Industries, esp US.
Low demand n closures of various industries will hv direct impact on its turnover n profit.
Its 1H result ended June was lower as compared to the same period previous yr.
Then no div given as compared to 8 cts interim div given in 07.
FYI.

btw just for casual reference, is there any price target by analyst for Venture?
At current low price, looks very tempting to me.......
wow..this burger is SOLID...from 7.48 to 7.98 in GREEN region now !! wow...!!
simply AMAZING !!
Time | Last | Vol | Buy/Sell |
12:06:39 | 7.980 | 2 | S |
12:05:57 | 7.950 | 6 | S |
12:05:47 | 7.930 | 36 | B |
12:05:45 | 7.930 | 2 | S |
12:05:32 | 7.920 | 36 | B |
12:05:31 | 7.920 | 2 | S |
12:04:20 | 7.920 | 1 | S |
12:04:11 | 7.900 | 2 | S |
12:03:47 | 7.900 | 1 | S |
12:03:11 | 7.790 | 1 | B |
12:01:53 | 7.830 | 1 | B |
12:01:35 | 7.890 | 1 | S |
12:00:55 | 7.850 | 1 | S |
12:00:54 | 7.850 | 2 | S |
12:00:22 | 7.850 | 1 | S |
12:00:21 | 7.840 | 1 | S |
11:59:50 | 7.808 | 15 | X |
11:58:03 | 7.780 | 1 | B |
11:58:01 | 7.780 | 2 | B |
11:57:50 | 7.780 | 1 | B |