Venture Corp

[weijian]

"With the dismal Q1 earnings, which fell 8 per cent, one can be sure that full year earnings would be down by at least 8 per cent, if not more. That would equate to full year earnings estimate of S$419 million."
This is a false statement! Venture profit was up 72% in Q1 2018. In fact, Q1 2018 profit is already higher than Q2 2017 profit level. By Q1 2018, Flextronics has already been a secondary supplier for 3 quarters. Yet Venture still show record Q1 profit, how do you explain?"

I took a look. The 8% is probably their previous estimate of "miss earnings estimate by 8%". But using "fell 8 per cent" is definitely misleading (or false).