SAC Capital has initiated “buy” on manufacturing solutions and service provider Grand Venture Technology (GVT) with a target price of $1.18, representing a 15.7% upside from its last-closed price of $1.02 on July 22. The discounted cash flow (DCF)-derived target price translates into an FY2021/F...

CGS-CIMB Research analyst Lim Siew Khee has kept her top picks for the reopening of the Singapore economy to SATS, Frasers Centrepoint Trust (FCT) and United Overseas Bank (UOB). This comes as the Singapore government has relaxed its Covid-19 measures to now allow a group of five diners from July 12...

CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng Choon Heng have maintained their estimate for the Straits Times Index (STI) at 3,488 points at end-2021. The estimate, in a June 30 report, comes as the republic’s economic growth remains steady, with core inflation up. The property market has...

CGS-CIMB Research analyst William Tng has reiterated his ‘add’ call for Grand Venture Technology (GVT) ahead of its 1HFY2021 ending June results that will be released in mid-August. Tng believes that GVT will report net profit growth of more than 50% y-o-y for the 1HFY2021 following a surge in s...

CGS-CIMB analyst William Tng is decidedly optimistic on Grand Venture Technology following the release of its 1QFY2021 ended March business update. Noting that it’s the first voluntary update that Grand Venture Technology has provided since listing in January 2019, Tng highlights the company’s 4...

CGS-CIMB has raised its target price for Grand Venture Technology to S$1.12, almost twice its previous target of S$0.605, while maintaining its "add" call.

CGS-CIMB raised its target price for Grand Venture Technology to S$1.12, almost double from S$0.605 previously, while maintaining its "add" call.

Catalist-listed Grand Venture Technology has triggered a query by the Singapore Exchange Regulation (SGX RegCo) for “unusual price movements” after its share price climbed to 13.6% from last close to 75 cents, marking a new 52-week high. The query was triggered at 1.04pm, with SGX Regco asking t...

Grand Venture Technology has reported revenue of $23 million for 1QFY21 ended March, up 59% y-o-y. However, thanks to better margins, earnings in the same period was up 434.9% y-o-y to $3.3 million. Gross profit margin for 1QFY21 was 32.1%, up significantly from 22.9% achieved in the year earlier qu...

CATALIST-LISTED manufacturing-service provider Grand Venture Technology on Monday posted a first-quarter net profit after tax of S$3.3 million - five times higher than the figure in the preceding year.