Update : VENTURE - She is still on a Nice Uptrend mode direction likely to rise up to conquer 14.42 and rises up towards 15.25 and above! Yearly dividend of 75 cents is sustainable and yield is more than 5.3 percent at 14.11 make it quite a nice yield level to consider!
Pls dyodd.
Venture - Looks like she may rise up to retest 14.42 again! A nice breakout smoothly would likely see her testing 15 to 15.23. Do take note!
Venture Corporation - 4th quarter results is out! Gross Revenue is up 4.3 percent to 736.6m, Net profit is up 5.3 percent to 66.7m. FY total Revenue is down 21.7 percent to 3025m and Net profit is down 26.9 percent to 270m. Free cash flow is positive +100 percent to 439m.
Net cash position of 1056m, zero debt.
At 14.10, yield is about 5.32%.
Proposed Final dividend of 50 cents same as last year.
XD 7th May.
https://www.spore-share.com/2024/03/update-venture-she-is-still-on-nice.html
Pay date 21 May.
Outlook: A stronger 2nd Half for Y2024.
Pls dyodd.
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