|Bid||20.91 x 0|
|Ask||20.95 x 0|
|Day's range||20.71 - 21.00|
|52-week range||9.52 - 22.34|
|PE ratio (TTM)||26.89|
|Earnings date||20 Feb 2017 - 25 Feb 2017|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||21.69|
United Overseas Bank’s (UOB) 3Q17 loans growth was 7.7% higher y-o-y driven by strong double digit loans growth from manufacturing and financial institutional loans coupled with a 6.6% increase of housing loans growth. Net interest margin (NIM) expanded 4bps q-o-q to 1.79%.
Its revenue for the quarter rose by 50.5% YoY to $1.1b. Venture Corporation Ltd pops the champagne as its Q3 profits surged by 134.8% YoY to $111.37m. According to its financial statement, revenue for the quarter rose by 50.5% YoY to $1.1b, whilst on a nine-month basis, it grew 44.5% YoY to $2.92b.
Amara Holdings (Amara) guided for an 89% average occupancy rate (AOR) for Amara Singapore for 8M17 slightly higher than 8M16’s 88%. Likewise, Amara Sanctuary registered an AOR of 73% which improved significantly from 60% for 8M16.
He's seeing the company head to the right direction. Venture Corporation has been doing well with strong double-digit revenue growth for the past three quarters that its CEO Wong Ngit Liong has been making ...
Venture Corporation has grown consistently for the last 15 quarters, but a move in the manufacturing supply chain could further boost its capacities. It completed the acquisition of a 60-year leasehold land site for $13.0m in Q2 last year and paid $5.7m in 1H2016. It is located in the Batu Kawan Industrial park near Penang Island, well known for its high-tech electronics manufacturing industry.
Venture Corporation's chief executive officer (CEO) bought $9.5m of its own shares, showing a potential for robust results ahead, RHB revealed. Venture's profit before tax (PBT) margin in Q2 continued to rise to 8.3%. Venture’s CEO Mr Wong Ngit Liong has been exercising his employee share option, which was granted to him in Mar-Apr 2017.
This brings Venture’s 1H17 profits to $118.4m. Venture Corporation’s profits surged 61% YoY from $43.4m to $69.8m in Q2. For 1H17, the company’s PATMI, which formed 57.3% of OCBC’ Investment Research’s ...