Venture Corp

[Greenrookie]

Any vested buddies still holding on to this? Assuming full yr net profit of $175mil, at current price, its PE is 15.7 which is above its average. Its expenses increase over the quarters had been higher than its revenue increase,  percentage wise. I am tempted to sell some of my holdings.

Maybe we should stop looking at actual ratio when determining buy sell but more like a range and most importantly business fundemental?

Why is 15.7 abv AV. PE ex or cheap? It is super ex if it is going to be loss making but reasonable and perhaps even cheap if it is growing or having some catalysts waiting.

I am currently still vested. I am more of a long term trader, I did sold and buy back, but will not sell till if FY results which I expect to be good.

It has currency movements at its tail wind now, and unless trumps still penalizing companies who outsource, I think Venture wil cope fine. 

I am hoping for them to either start buying (a long time since 2007) with its raising cash pile, or raise dividends back to 55 cents.

Currently margin is 1% higher than what Aberdeen is nagging them to maintain at 2013-14. 6 % Gpm, and NP margin margin without tax incentive