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Venture is becoming a small cap....... and it is of good value.... it could be a target for M&A as the price is so depressed....
Two major american investors are selling their stocks. Trouble at home ? Or is it because Venture is no longer part of the STI component that took effect Jan 10 ?
I think venture really needs a stock split to improve liquidity to ever get back into STI. Or again, SGD 3b market is deemed too small for STI......just my thoughts...
Anyone knows why Venture is doing so badly? I don't remember reading any negative publicity about it.
No change in TA charts
Venture's TA charts look bearish. Be careful.
akang datang...
$10 $10 $10 $10 $10 $10 $10 $10!!!
lets shout for it....
but why Aberdeen Asset Management Asia Limited increased stake on 9jan to 10%???
these 2 days continues to drop
What about the rest, all are moving downward as well, the doing of BB to accumulate or offload???
You decide!!!
my advice, dun play low volume counter, it can be easily manupulated.
Let me give you an example on how they push the share price down. Today, there during trading at 11.16/11.18.... then suddently got 11.10 traded (1 lot).... then buying became 11.10/11.18.
like i said... the past week is the work of BB trying to push the prices down. Later when they accumulated enough shares, they will write a nice report on Venture and put a high TP..maybe $19???
That's how they make $$$ for their investors!!!
Has been dropping at least 30cents continuously everyday for the last few days without any publicised bad news. It may hit the "$10 mark" next week if this trends keep going :-(
Y drop so jialat???
Oh my ... what happened to venture?
TA charts now very bearish looking.
Then, those funds with Venture as their portfolio will also benefit
Wow, just read that Aberdeen Asset Management Asia Limited increased their stakes in Venture to 10%. This could be a reason why there seems to be a big pressure to buy at lower prices for this stock. The bids are usually 2-3 times lower than the actual price.
Are the BB pushing the price down???? It seems like they are.....
OCBC last report has a TP of $19 and now the price is $11.14... what a significant drop!!!
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Up 20 cents in early trades. Looks like this is the uptrend of the Bollinger Bands. Just let it ride the wave going back up to $12
Yes, Yes.... today Venture going to Cheong!!! Better pick up you lots soon as you cannot get prices as low as today!!!
Yaya... i got in bcos it was getting lower.. how I know it broke the $12 barrier!!!