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Venture Corp : Underappreciated signposts
Firmly on track for an earnings recovery; reiterate BUY with TP of SGD8.64 based on 16x FY14E P/E.
Key catalysts: New customers ramping up contributions and existing customers continuing to improve.
M&A among its customers a risk but history tells us that most acquirers return to Venture.
Source :
Venture Corp : Underappreciated signposts | I Invest I Earn I Post
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