Within the span of one year, share price of electronic contract manufacturer, Venture Corporation Limited, surged from $11 to $22. This is an impressive two-fold increase. What a majestic fine run! The fine performance led to Venture Corporation joining the prestigious Straits Times Index (STI) in January 2018.
Nonetheless, it is a mistake to view Venture Corporation as purely an electronic contract manufacturer. A close review of the balance sheet revealed stunning “goodwill assets” worth about $640 million. Read on to find out whether this counter is a potential multi-bagger or value trap.
Company profile
Founded in 1984, Venture Corporation’s capabilities span across research, design and development, product and process engineering, design for manufacturability, supply chain management, as well as product refurbishment and technical support of electronic equipment.
The products developed by Venture Corporation are used in a huge array of industries – advanced industrial, consumer, financial, healthcare, ...
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