Venture Corp.'s Earnings This Year May Better 2023 -- Market Talk

Dow Jones02-23

0603 GMT - Venture Corp.'s earnings this year are poised to be better than in 2023, Maybank Research analyst Jarick Seet says in a research note. Management expects 2H to be stronger than 1H 2024, thanks to the company's new-product-introductions' ramp-up schedule, the analyst notes. The tech company expects demand for its products will likely be stronger in 2H than 1H,based on customer feedback, the analyst says. Management is confident of sustaining net margins of 8%-10% for 2024 and sees growth opportunities in eco-systems like life sciences, the analyst adds. Maybank raises the stock's target price to S$15.80 from S$15.50 with an unchanged buy rating. Shares are 3.1% lower at S$13.66. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 23, 2024 01:03 ET (06:03 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2413789280?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-02-23 14:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2413789280","market":"hk","top_or_hot":-1,"title":"Venture Corp.'s Earnings This Year May Better 2023 -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0603 GMT - Venture Corp.'s earnings this year are poised to be better than in 2023, Maybank Research analyst Jarick Seet says in a research note. Management expects 2H to be stronger than 1H 2024, thanks to the company's new-product-introductions' ramp-up schedule, the analyst notes. The tech company expects demand for its products will likely be stronger in 2H than 1H,based on customer feedback, the analyst says. Management is confident of sustaining net margins of 8%-10% for 2024 and sees growth opportunities in eco-systems like life sciences, the analyst adds. Maybank raises the stock's target price to S$15.80 from S$15.50 with an unchanged buy rating. Shares are 3.1% lower at S$13.66. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 23, 2024 01:03 ET (06:03 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Venture Corp.'s Earnings This Year May Better 2023 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVenture Corp.'s Earnings This Year May Better 2023 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-23 14:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0603 GMT - Venture Corp.'s earnings this year are poised to be better than in 2023, Maybank Research analyst Jarick Seet says in a research note. Management expects 2H to be stronger than 1H 2024, ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"V03.SI","symbol_name":"创业公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2413789280","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2413789280","pubTimestamp":1708668180,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0603 GMT - Venture Corp.'s earnings this year are poised to be better than in 2023, Maybank Research analyst Jarick Seet says in a research note. Management expects 2H to be stronger than 1H 2024, thanks to the company's new-product-introductions' ramp-up schedule, the analyst notes. The tech company expects demand for its products will likely be stronger in 2H than 1H,based on customer feedback, the analyst says. Management is confident of sustaining net margins of 8%-10% for 2024 and sees growth opportunities in eco-systems like life sciences, the analyst adds. Maybank raises the stock's target price to S$15.80 from S$15.50 with an unchanged buy rating. Shares are 3.1% lower at S$13.66. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"V03.SI":"创业公司"},"translate_title":"风险投资公司今年的收益可能会更好2023年——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"V03.SI":1},"content_text":"0603 GMT - Venture Corp.'s earnings this year are poised to be better than in 2023, Maybank Research analyst Jarick Seet says in a research note. Management expects 2H to be stronger than 1H 2024, thanks to the company's new-product-introductions' ramp-up schedule, the analyst notes. The tech company expects demand for its products will likely be stronger in 2H than 1H,based on customer feedback, the analyst says. Management is confident of sustaining net margins of 8%-10% for 2024 and sees growth opportunities in eco-systems like life sciences, the analyst adds. Maybank raises the stock's target price to S$15.80 from S$15.50 with an unchanged buy rating. Shares are 3.1% lower at S$13.66. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 23, 2024 01:03 ET (06:03 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2413789280"}