Grand Venture Technology (GVT)

Broker's Calls

CGS-CIMB slashes Grand Venture Technology's TP by 34% amid 'difficult operating environment'

Shares in Grand Venture Technology are down 40.68% year to date.
Grand Venture Tech secures spot in Forbes Asia's Best Under A Billion list in 2022 - THE EDGE SINGAPORE

Company in the news

Grand Venture Tech secures spot in Forbes Asia's Best Under A Billion list in 2022

The company is one of seven Singapore companies to clinch the spot.
Grand Venture Tech's 1HFY2022 earnings decline by 16.2% y-o-y to $7.1 mil - THE EDGE SINGAPORE

Results

Grand Venture Tech's 1HFY2022 earnings decline by 16.2% y-o-y to $7.1 mil

The group has declared an interim dividend of 0.3 cents per share, down 0.2 cents y-o-y, payable on Sept 9.

Broker's Calls

CGS-CIMB maintains buy on GVT, but trims target price

Despite a promising 1QFY2022 for GVT, CGS-CIMB has cut the stock's target price.
DBS and SAC Capital trims target prices on Grand Venture, but maintains ‘buy’ calls - THE EDGE SINGAPORE

Broker's Calls

DBS and SAC Capital trim target prices on Grand Venture, but maintains ‘buy’ calls

Revenue came in within expectations, but margins for 1QFY2021 were lower than expected.

Results

Grand Venture Technology reports net profit after tax of $3.6 mil, up 8.9%

The higher top and bottom lines were attributable to the continued growth of wallet share from its key customers.

Broker's Calls

SAC Capital upgrades Grand Venture Tech to 'buy' as FY2021 results surpass expectations

The analyst has lowered her target price to $1.195 from $1.30 previously to account for a higher cost of debt and market risk.
Grand Venture Technology: Going on an M&A spree to lay foundation for growth - THE EDGE SINGAPORE

Stocks To Watch

Grand Venture Technology: Going on an M&A spree to lay foundation for growth

With an M&A spree, GVT seems poised for more growth. Find out how it plans to do it.
Grand ambitions, global vision - THE EDGE SINGAPORE

Tech

Grand ambitions, global vision

From a quiet IPO in 2019, GVT's share price has surged nearly 4 times. Can it continue the uptrend with new acquisitions?
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