Brokers' take

Venture Corporation | Hold Target price S$18.20 Oct 2 close: S$18.22 UOB Kay Hian, Oct 2

Electronics manufacturing services firm Venture is widely believed to be one of the makers of the IQOS, a smokeless tobacco device designed by Philip Morris.

Takeaways from Philip Morris International's Investor Day 2018 last week included the company making a rare disclosure of actual unit sales of IQOS in Japan from April to August.