Welcome!
Grand Venture Technology (GVT)
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.
March 18, 2022
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.
January 28, 2022
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?
January 20, 2022
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