Offers of Venture Corp surged very nearly 14 percent on Monday, as a stellar arrangement of second from last quarter comes about out last Friday left market figures in the clean.
The counter surged S$2.67 or 13.83 percent to S$21.97 as at 3.55pm, making it the best gainer on Monday.
The gadgets administrations supplier last Friday uncovered an arrangement of second from last quarter comes about that blew past accord conjectures, compelling examiners to knock up their objective costs on Monday.
Wander's net benefit soared 135 percent from a year sooner to S$111.4 million for the second from last quarter, on a 50.5 percent hop in income to S$1.06 billion.
On Monday, DBS examiner Carmen Tay raised her year target cost to S$26 - the most elevated in the city.
She expressed: "Wander's offer cost has increased more than 95 percent in the year to date, however, we accept there is still space to keep running as it keeps on conveying unrivaled income execution.
"With Venture set for a record 2017, and additionally picks up of S$12.7 million to be perceived in the forthcoming quarter following the transfer of its stake in Fischer Tech, we see a potential for a Higher profit payout.
"Wander regularly pays a settled 50 Singapore penny profit for each annum, however, history demonstrates that it rewarded investors with a higher profit of 58 Singapore Pennies in 2007 when income execution had topped. We are idealistic of a higher payout of around 55 Singapore pennies."
RHB examiner Jarick Seet likewise kept up a "purchase" call with a S$24.10 target cost.
He expressed: "We feel that higher profits of 80 Singapore pennies an offer, when contrasted with the typical 50 Singapore pennies, are profoundly conceivable."
UOBKayHian investigator Nicholas Leow additionally kept up a "purchase" call with a higher target cost of S$23.50, in light of a 2018 forward cost to-profit the proportion of 18 times.
He expressed: "We raise our net benefit gauges for 2017 to 2019 by 22.4 for every penny to 41.5 for each penny as we have terribly thought little of Venture's development prospects and income force."
OCBC expert Eugene Chua emphasized a "purchase" with an objective cost of S$23
The counter surged S$2.67 or 13.83 percent to S$21.97 as at 3.55pm, making it the best gainer on Monday.
The gadgets administrations supplier last Friday uncovered an arrangement of second from last quarter comes about that blew past accord conjectures, compelling examiners to knock up their objective costs on Monday.
Wander's net benefit soared 135 percent from a year sooner to S$111.4 million for the second from last quarter, on a 50.5 percent hop in income to S$1.06 billion.
On Monday, DBS examiner Carmen Tay raised her year target cost to S$26 - the most elevated in the city.
She expressed: "Wander's offer cost has increased more than 95 percent in the year to date, however, we accept there is still space to keep running as it keeps on conveying unrivaled income execution.
"With Venture set for a record 2017, and additionally picks up of S$12.7 million to be perceived in the forthcoming quarter following the transfer of its stake in Fischer Tech, we see a potential for a Higher profit payout.
"Wander regularly pays a settled 50 Singapore penny profit for each annum, however, history demonstrates that it rewarded investors with a higher profit of 58 Singapore Pennies in 2007 when income execution had topped. We are idealistic of a higher payout of around 55 Singapore pennies."
RHB examiner Jarick Seet likewise kept up a "purchase" call with a S$24.10 target cost.
He expressed: "We feel that higher profits of 80 Singapore pennies an offer, when contrasted with the typical 50 Singapore pennies, are profoundly conceivable."
UOBKayHian investigator Nicholas Leow additionally kept up a "purchase" call with a higher target cost of S$23.50, in light of a 2018 forward cost to-profit the proportion of 18 times.
He expressed: "We raise our net benefit gauges for 2017 to 2019 by 22.4 for every penny to 41.5 for each penny as we have terribly thought little of Venture's development prospects and income force."
OCBC expert Eugene Chua emphasized a "purchase" with an objective cost of S$23
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