Daily Stock Analysis: Venture Corp

By Fredrik Arnold

Thursday, February 2, 2023 10:37 PM EST

person using MacBook Pro on table

Image Source: Unsplash

Venture Corp Ltd bears the ticker symbol VEMLF, and this is my first mention of Venture Corp for this new Viking Portfolio or any of my previous seven dog of the week folios.

Venture Corp Ltd is a Singapore-based company that provides technology services, products, and solutions. It offers solutions such as supply chain management, product refurbishment, technical support, product and process engineering, and others.

The company's reportable segments are Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions. It generates a majority of its revenue from the Advanced Manufacturing and Design Solutions segment.

Geographically, the company generates a majority of its revenue from Asia, excluding Singapore.

Additionally, the company manages portfolio of approximately 5,000 products and solutions.

Venture Corporation Limited was incorporated in 1984.

Three key data points gauge Venture Corp Ltd, or any dividend-paying firm:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

VEMLF Price

Venture Corp Ltd's price per share was $12.30 at Tuesday’s market close. In the past year, VEMLF share price fell by $0.88 or about 6.7%.

If VEMLF stock trades in the range of $10.00 to $13.00 this next year, its recent $12.30 share price might reach $14.00 by next year. That upside estimate of $0.70 is about $0.03 under the average of one-year price gains recorded by VEMLF over the past nine years.

VEMLF Dividends

Venture Corp Ltd's most recent two semi-annual variable dividends totaling $0.54 cast a forward annual yield of 4.39%.

VEMLF Returns

Adding the $0.54 annual estimated Venture Corp Ltd dividend to the one-year price upside estimate of $0.70 reveals a $1.24 potential gross gain estimate per share.

At Tuesday’s $12.30 closing price, a little under $1000 would buy 81 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.12 per share.

Subtract that maybe $0.12 brokerage cost from my estimated $1.24 gross gain makes a net gain of $1.12 X 81 shares = $90.72 for an 9% net gain including the 4.39% annual dividend yield.

In the next year our $1K investment in shares of Venture Corp Ltd would generate $43.90 in cash dividends. However, a single share of VEMLF stock at Tuesday’s $12.30 price is over 3.5 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this a good time to buy Venture Corp Ltd shares based on their dividends for 2023. The current dividend from $1K invested is 3.57 times higher than the VEMLF single share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Venture Corp Ltd . Only time and money invested in this stock will determine its future market value.

More By This Author:

Daily Stock Analysis: Rexel S.A.
Daily Stock Analysis: Computer Modelling Group
Daily Stock Analysis: International Business Machines Corp

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.