Venture Corp

Venture Corp: UOB Kay Hian notes that business sentiment is improving gradually, with leading indicators- US new orders, PMI backlog orders and Taiwan’s export orders index, showing a firm recovery in demand for electronic products. House reckons that the improved outlook, if sustained, will lead to increased demand for Venture’s industrial and enterprise products, and is a good time to pick up the stock before XD on 5 May. UOB Kay Hian maintains a Buy rating with $8.85 TP.