Venture Corp

[Greenrookie]

Hi NTL,

Many things are different this round, although given the fact that it has 100 over customers, the net effect is never easy to gauge. But even if I am wrong, a net cash company that show it has the will to sustain its dividends even if it is more than 100%.

Recovery story has been around since 2012. There were 2 M&A in 2011, and another 2 in 2012. They underestimate it. The dust has cleared, verifone and tosiba has returned to venture, although market share is tough to gauge. Now they only have 1 M&A intermace.

2013 Q1 show the biggest plunge followed by the bashing of the stock price, 2014 Q1 show the strongest YoY Q 1 growth. 2013 has 4 sequential quarters of growth, whereas in 2012 and 2011, the growth is volalite.

2011-2013 are years HP underwent restructuring as is Oclare.

Customers of medical/ life sciences and testing/ REtail ROS are showing growth, projecting growth. While plexus lost customer in Jupiter network, venture gain customer.

But u are right, it is still just a projection. But when it is a confirmation, MOS would have diminish...

[Some-one]

Hi NTL,

Many things are different this round, although given the fact that it has 100 over customers, the net effect is never easy to gauge. But even if I am wrong, a net cash company that show it has the will to sustain its dividends even if it is more than 100%.

Recovery story has been around since 2012. There were 2 M&A in 2011, and another 2 in 2012. They underestimate it. The dust has cleared, verifone and tosiba has returned to venture, although market share is tough to gauge. Now they only have 1 M&A intermace.

2013 Q1 show the biggest plunge followed by the bashing of the stock price, 2014 Q1 show the strongest YoY Q 1 growth. 2013 has 4 sequential quarters of growth, whereas in 2012 and 2011, the growth is volalite.

2011-2013 are years HP underwent restructuring as is Oclare.

Customers of medical/ life sciences and testing/ REtail ROS are showing growth, projecting growth. While plexus lost customer in Jupiter network, venture gain customer.

But u are right, it is still just a projection. But when it is a confirmation, MOS would have diminish...

In investing, the four most dangerous words are "This time is different". While I understand about the recovery play, the financial statements do not show that Venture would recover anytime soon. Good luck.

[Bibi]

"Value investors hunt for opportunities created but hidden by popular pessimism"

Extracted from a article in the Iron Ore thread section.

[Greenrookie]

After Maybank, Ocbc securities yesterday and UOB kayhian and DBS have all issue buy calls for venture.

Didn't post their links here, Maybank report is the most comprehensive, the rest of the reports offer nothing new.

This explained the higher volume over the past few days.

Rather surprise analyst reports still matter so much. Lets hope Q2 dun disappoint.

( vested )

[Greenrookie]

Oracle buy micros

http://www.forbes.com/sites/samanthashar...3-billion/

Micros outsource its manufacturing of several workstations and mtablets to venture. Not sure how this M&A will affect the orders for venture.

But given oracle strength lies in software, data storage, I am not sure the new entity will have a cheaper outsourcing alternative.

The news mention the acquisition will help micro expand globally

[greengiraffe]

http://www.cnbc.com/id/101886669

Has the 3-D printing bubble already burst?
Arjun Kharpal | @ArjunKharpal
18 Hours Ago
CNBC.com
COMMENTSStart the Discussion
From creating artificial limbs to aircraft parts, 3-D printing has been hailed as revolutionary, but investors are disagreeing with the hype and are ramping up their short positions as earnings in the sector have fallen short of expectations.

While 2013 burned short sellers of 3-D printing stocks, 2014 provided an "injection of reality", according to Markit.

Average short interest as a percentage of shares outstanding has risen to from 9.7 percent to 12.75 percent from the start of the year for the five major players, which include the New York-listed 3-D Systems and Nasdaq-listed Stratasys -- indicating that investors are already betting that stocks will fall.

Read MoreHow 3-D printing will radically change the world
"In 2013 3-D printing stocks were categorized by strong revenue growth, rising stock prices, and shorts running for the exit after experiencing agonizing losses," Markit said in a note.

"2014 provided an injection of reality. The average return of the five 3-D printing companies below was minus 29 percent while short interest levels varied from flat to surging in the case of Stratasys. Unsurprisingly, the insanely high valuations at the end of 2013 proved unsustainable."

Overhyped

A great deal of hype has surrounded 3-D printing over the past year with manufacturers in a wide variety of industries looking at ways to use the technology to drive down costs. Amazon has even joined the race by opening a 3-D printed products store.


The 3-D printing market including printer sales, materials and associated services, reached $2.5 billion globally in 2013, and is forecast to be worth $16.2 billion by 2018, according to research firm Canalys.

Share prices reflected the excitement last year, with 3-D Systems rallying 173 percent and Stratasys seeing a 72 percent rise. But 3-D Systems' stock has plummeted 46 percent in the year to date, while Stratasys has seen a 26 percent decline.

Read MoreWhat goes into 3D printing jet engine parts
3-D Systems' results missed market expectations on Thursday, despite reporting a 25 percent increase in second-quarter revenue, and the average short selling on its stock has increased five percentage points since last November to 19.4 percent, according to Markit. Short interest in Stratasys rose from 2.7 percent at the beginning of the year to 13.8% today.


Microgen | iStock / 360 | Getty Images
Markit said that increasing competition from the likes of Amazon has also contributed to the negative sentiment.

'Misunderstanding' about market

Investors expected rapid results from the 3-D printing industry causing frothy valuations, one analyst said, but the benefits of the technology will take longer to materialize.

Read MoreCramer: Wall Street calls these stocks 'hideous'
"I think last year we saw stock prices of some the leading 3-D printing companies inflated beyond the level they should have been at based on hype and investors jumped on the bandwagon," Tim Shepherd, senior analyst at Canalys, told CNBC in a phone interview.

"But this is a market where there is a lot of misunderstanding. The reality it is that it has huge potential to make a transformation to the way products are made and designed but those will take a while to kick in."


Arjun Kharpal
News Assistant, CNBC EU News Digital Team

[Greenrookie]

Venture's 3D printing customer is stratasys 3D not 3D system. Venture is developing a prototype that is not in production yet. Any contribution if any will be from end 2014 or 2015.

It might means 3D will not bring the potential growth that it promised, but it will not stifle the recovery too. Also, Venture has already diversify successful with no customer accounting for 10% of revenue. The last quarter results in terms of sales and gross profits of stratasys is still showing growth, whether that growth is above or below expectation, I didn't dig deep enough, but a growth QoQ and YOY is a growth.

[Greenrookie]

Oh btw, my latest fun blog on venture. Just to speculate a guess... I expect Rev and GP to improve 10% ?

http://sillyinvestor.wordpress.com/2014/...l-glazing/

( vested and biased, read at your own peril)

[specuvestor]

Personally I never understood how one material used in 3D printing can perform the multiple roles and qualities of different materials in order to make one usable product

[CityFarmer]

Personally I never understood how one material used in 3D printing can perform the multiple roles and qualities of different materials in order to make one usable product

How about the "multiple qualities of different material", are printed by different 3D printers, with their respective material? Final assembly is required to make a usable product.

The 3D printing technically should be able to produce usable product, but it might not be economically so in some cases, e.g. high volume product.