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Broker's Calls
CGS-CIMB stays upbeat on Grand Venture Technology following $17 million acquisition of ACP
The acquisition of ACP adds surface treatment capabilities to GVT
January 05, 2024
Results
Grand Venture Technology net profit down 61.6% to $1.3 million for 3QFY2023 as semicon headwinds persist
While the global semiconductor and electronics downturn looks to be bottoming out, GVT expects headwinds to continue through 2023.
November 15, 2023
Broker's Calls
CGS-CIMB upgrades Grand Venture Tech to ‘add’ with higher TP of 62 cents
The upgrade comes as analyst William Tng sees earnings improvement to happen in FY2024 and FY2025.
October 19, 2023
Broker's Calls
Brokers’ Digest: FCT, UMS, Grand Venture Tech, Keppel REIT, Valuetronics, Nanofilm, Dyna-Mac Holdings, Banyan Tree
See what the analysts have to say this week.
September 29, 2023
Broker's Calls
Brokers' Digest: SingPost, Grand Venture Tech, Wilmar, DFI Retail Group, Nanofilm
See what the analysts have to say this week.
July 15, 2023
Broker's Calls
CGS-CIMB lowers Grand Venture Tech’s TP to 51 cents as FY2023-FY2025 forecasts reduced
GVT is expected to release its 1HFY2023 results before Aug 10.
July 12, 2023
Semiconductor
UMS, AEM, Grand Venture Tech and Venture Corp to benefit from semicon trade diversification: DBS
Singapore is in a good place for companies that are looking to diversify their strategies, say the analysts at DBS Group Research.
June 05, 2023
Results
Grand Venture Technology posts earnings of $1.5 mil for 1QFY2023, 58.3% drop y-o-y
For the period, revenue also declined to $29.9 million, a 17.0% decrease compared to the revenue of $32.4 million in 1QFY2022.
May 10, 2023
Broker's Calls
CGS-CIMB upgrades GVT to ‘hold’ in light of China reopening
The analysts say that their 'hold' call is premised on GVT's ability to onboard new front end customers.
January 06, 2023