share_log

Institutions Own 43% of Venture Corporation Limited (SGX:V03) Shares but Retail Investors Control 48% of the Company

Institutions Own 43% of Venture Corporation Limited (SGX:V03) Shares but Retail Investors Control 48% of the Company

機構擁有風險投資有限公司(新加坡證券交易所股票代碼:V03)43%的股份,但散戶投資者控制了該公司48%的股份
Simply Wall St ·  05/23 08:39

Key Insights

關鍵見解

  • Significant control over Venture by retail investors implies that the general public has more power to influence management and governance-related decisions
  • A total of 25 investors have a majority stake in the company with 47% ownership
  • Institutions own 43% of Venture
  • 散戶投資者對風險投資的嚴格控制意味着公衆擁有更大的影響管理和治理相關決策的權力
  • 共有25名投資者持有該公司的多數股權,所有權爲47%
  • 機構擁有 Venture 43% 的股份

To get a sense of who is truly in control of Venture Corporation Limited (SGX:V03), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are retail investors with 48% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

要了解誰真正控制了風險投資有限公司(SGX: V03),了解企業的所有權結構非常重要。而持有最大份額的群體是擁有48%所有權的散戶投資者。也就是說,如果股票上漲,該集團將受益最大(如果出現低迷,則損失最大)。

And institutions on the other hand have a 43% ownership in the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders.

另一方面,機構擁有該公司43%的所有權。內部人士通常擁有很大一部分年輕、規模較小的公司,而大公司則往往將機構作爲股東。

Let's take a closer look to see what the different types of shareholders can tell us about Venture.

讓我們仔細看看不同類型的股東能告訴我們關於Venture的什麼。

ownership-breakdown
SGX:V03 Ownership Breakdown May 23rd 2024
新加坡交易所:V03 所有權明細 2024 年 5 月 23 日

What Does The Institutional Ownership Tell Us About Venture?

關於風險投資,機構所有權告訴我們什麼?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

機構投資者通常將自己的回報與常見指數的回報進行比較。因此,他們通常會考慮收購相關基準指數中包含的大型公司。

We can see that Venture does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Venture, (below). Of course, keep in mind that there are other factors to consider, too.

我們可以看到,Venture確實有機構投資者;他們持有公司很大一部分股票。這可能表明該公司在投資界具有一定程度的信譽。但是,最好謹慎行事,不要依賴機構投資者所謂的驗證。他們也是,有時候會弄錯。如果兩個大型機構投資者試圖同時拋售股票,股價大幅下跌的情況並不少見。因此,值得檢查一下Venture過去的收益軌跡(見下文)。當然,請記住,還有其他因素需要考慮。

earnings-and-revenue-growth
SGX:V03 Earnings and Revenue Growth May 23rd 2024
新加坡證券交易所:V03 收益和收入增長 2024 年 5 月 23 日

We note that hedge funds don't have a meaningful investment in Venture. From our data, we infer that the largest shareholder is Ngit Liong Wong (who also holds the title of Top Key Executive) with 7.1% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. Columbia Management Investment Advisers, LLC is the second largest shareholder owning 7.0% of common stock, and Schroder Investment Management Limited holds about 4.9% of the company stock.

我們注意到,對沖基金沒有對風險投資進行有意義的投資。根據我們的數據,我們推斷出最大股東是Ngit Liong Wong(他還擁有最高管理人員的頭銜),其已發行股份佔7.1%。當內部人士擁有公司大量股份時,這通常被認爲是一個好兆頭,在這種情況下,我們很高興看到公司內部人士扮演關鍵利益相關者的角色。哥倫比亞管理投資顧問有限責任公司是第二大股東,擁有7.0%的普通股,施羅德投資管理有限公司持有該公司約4.9%的股份。

A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

深入研究我們的所有權數據表明,前25名股東總共持有不到登記冊的一半,這表明一大批小股東沒有單一股東佔多數。

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

雖然研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解風向哪個方向吹來也是有意義的。有不少分析師報道了該股,因此你可以很容易地研究預測的增長。

Insider Ownership Of Venture

風險投資的內部所有權

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

不同國家對內部人士的定義可能略有不同,但董事會成員總是計算在內。公司管理層對董事會的回答,董事會應代表股東的利益。值得注意的是,有時高層管理人員自己也在董事會中。

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

大多數人認爲內部所有權是積極的,因爲這可能表明董事會與其他股東關係良好。但是,在某些情況下,過多的權力集中在該群體中。

We can see that insiders own shares in Venture Corporation Limited. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around S$342m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.

我們可以看到內部人士擁有風險投資有限公司的股份。這是一家相當大的公司,因此看到一些潛在的有意義的調整通常是積極的。在這種情況下,他們擁有價值約3.42億新元的股票(按當前價格計算)。如果您想探討內幕調整問題,可以點擊此處查看內部人士是否在買入或賣出。

General Public Ownership

一般公有制

With a 48% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Venture. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

擁有48%的所有權的公衆(主要由個人投資者組成)對風險投資有一定程度的影響力。儘管這種所有權規模可能不足以影響對他們有利的政策決定,但它們仍然可以對公司政策產生集體影響。

Next Steps:

後續步驟:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Venture you should know about.

儘管值得考慮擁有公司的不同群體,但還有其他因素更爲重要。例如,考慮風險。每家公司都有它們,我們發現了一個你應該知道的 Venture 警告標誌。

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

如果你想了解分析師對未來增長的預測,千萬不要錯過這份關於分析師預測的免費報告。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
    搶先評論