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Grand Venture Technology (GVT)
Broker's Calls
CGS-CIMB positive on Grand Venture Technology's acquisitions; ups TP to $1.74
“We are positive on these acquisitions as they add production capacity and allow growth with new customers," says CGS-CIMB.
January 05, 2022
Property
Grand Venture Technology acquires third facility in Malaysia for $4.4 mil; set to gear up manufacturing capacity
Shares in Grand Venture Technology closed flat at $1.19 on Jan 5.
January 05, 2022
Equity raising
Grand Venture Technology to raise up to $28.5 mil through placement of 25 mil shares
GVT’s controlling shareholder Metalbank Singapore is also placing up to 10 mil shares.
September 03, 2021
Catalist watch
Grand Venture Technology proposes to transfer listing to SGX Mainboard
A listing on the Mainboard would enhance the long-term value for its shareholders, says the company in an SGX filing.
September 01, 2021
Broker's Calls
SAC Capital downgrades Grand Venture Technology to 'hold' despite 1H21 revenue growth
The downgrade came partly due to the company's higher-than-sector-average P/E of 28.29 times as at Aug 12.
August 13, 2021
Results
Grand Venture Technology reports 282.7% y-o-y earnings jump for 1HFY2021
According to GVT, it enjoyed all-round demand growth across the various industries.
August 10, 2021
Broker's Calls
SAC Capital starts Grand Venture Technology at 'buy' with TP of $1.18
The DCF-derived target price translates into an FY2021/FY2022 P/E of 25.1 times and 21.2 times respectively.
July 23, 2021
Broker's Calls
Broker's Digest: Venture Corp, Grand Venture Technology, Sasseur REIT, iX Biopharma, SGX
See the analysts' recommendations and target prices here.
June 18, 2021
Broker's Calls
Grand Venture Technology's 1H21 net profit to grow more than 50%: CGS-CIMB
GVT is expected to benefit from the surge in semiconductor sales globally.
June 11, 2021
SGX query
Grand Venture Technology triggers SGX query after share price climbs to 75 cents
The share price marks a new 52-week high for the company.
May 20, 2021