Shares & Derivatives
A quick look at Venture
By Sillyinvestor  •  March 29, 2014
I was first alerted to Venture from a blogger’s comment at ASSI. He mention about Venture, Hotung and Singpost. I have looked at SIngpost, didn’t like Hotung business model (personal preference), so I decide to look at Venture. I saw Venture has sustained a 50 cents dividend since 2005 and has a unbroken dividend records since 1993. I then went further to look at its balance sheet. It is net cash company. A renowned company that is net cash and is paying a yield of 6.7% at current price. Well, that really pips my interest. First, some numbers. Image It is not difficult to see why Venture’s price is a shade of its formal glory days. It is paying more than its earning of 47 cents in 2013. It is definitely not sustainable. But I am not looking at Venture as a stalwart or slow grower (SPH or ......
Read the full article
By Sillyinvestor
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance