Brokers' take
Venture Corporation | Hold Target price: S$12.90 Feb 11 close: S$15.97 UOB Kay Hian, Feb 11
Venture is expected to report Q4 2018 net profit of S$101 million, in line with consensus estimate of S$103 million. We expect the net margin outlook to be a key focus as we are expecting some R&D activities to once again boost margins.
Recent commentary from clients reinforces the view of a V-shaped recovery in Q4 2018. Venture experienced strong shipments, especially …
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