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Be flexible and hope you are not in " Love" with this.
dimlights ( Date: 19-May-2011 17:36) Posted:
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hold on tight this is a big storm. but i have faith in venture, vested 5 lots in at 8.93 last week will just keep holding
ouch, price has now fallen more than a dollar after XD of $0.55 per share
Pls be careful. Venture is going down on a STI up day.
For short term, I personally believe it will be still a downtrend.
Venture will has a hard time growing its customer base this year in order to increase revenue.
Stay cautious.
Q1 results were pretty okey. Sales were down 8% but only because they were exiting low margin business. Profits were up 4%. Net cash rose. Statement cautiously positive. Should mean dividend will be held, and at 6.6% yield, that's pretty tastey. Look what Standard Chartered or DBS will give you on a fixed deposit. This stock has weathered many storms before, and always come out stronger. The current stock weakness ought to be a buying opportunity.
Dont worry should pose for a rebounce today or tomorrow.
if drop further my friends will buy up this baby.
Btw, here are the latest research houses rating:
Fair Value Rating Date
CIMB: $12.00 Out-Performed 03/05/2011
DBS Vickers: $11.00 Buy 13/05/2011
Kim Eng: $11.60 Buy 06/05/2011
I dun no why it's dropping everyday, all because of earning report and forecast?
am thinking too... it has been a very bad week for this counter
Is this the best time to enter?
counter peng-san today... gotta send for operation
i think its the pausing part. lau sai also not one shot everything come out ar. i feel still got room to fall =/ two cents
jcho1962 ( Date: 12-May-2011 13:55) Posted:
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seems like diarrhea has stopped
me too, really lau sai.
should have sold 2 days ago, sigh
more lau sai days to come.
today, this counter lau sai more than the 55 cents dividends per share
cannot reach $10 anymore...
coz tomorrow comes ex-div
got to wait for the end of year rally ....
Hit $10 at least by month end.
Venture will reach S$10 soon, peaking near ex dividend date.
Most importantly, I'm vested. Hehe