Company Overview

Ventia Services Group Limited  (ASX: VNT) is one of the largest providers of infrastructure services in Australia & New Zealand. The Company was founded in 2015. The Company provides minor capital works, operations and maintenance, asset management and facilities management.

Initial Public Offering

The company had launched its IPO on November 03, 2021, under the ticker VNT at AU$1.70 each. We had covered this IPO in our ‘Kalkine IPO Report’ on November 03, 2021 and concluded that this IPO was “Attractive” given its superior earnings quality, strong balance sheet, and operating in a rapidly growing market backed by several growth catalysts for demand drivers.

Hourly Price Chart (as on December 1, 2021). Source: REFINITIV, Analysis by Kalkine Group 

Conclusion

Investors who have invested into this IPO can consider ‘Exiting’ from their position at the closing price of AU$2.05 as on December 1, 2021, given:

• Decent gains: The stock has moved up ~21% from its IPO price of AU$1.70/share and has given a decent return in a shorter time duration.
• Resurgence of COVID-19 cases: Increasing COVID-19 cases in Europe and other parts of the world is throwing a lot of uncertainties in the global financial markets. Also, real estate business could witness labour shortage, slowdown in project rollout and supply chain related problem in the near-term.
• Inflationary pressure: The sharp rise in the basic material prices (steel, copper, aluminum, lumber) could suppress margin profile of the company in the upcoming quarters.

*The reference data in this report has been partly sourced from Refinitiv.

Disclaimer

References to ‘Kalkine’, ‘we’, ‘our’ and ‘us’ refer to Kalkine Limited.

This website is a service of Kalkine Limited. Kalkine Limited is a private limited company, incorporated in England and Wales with registration number 07903332. Kalkine Limited is authorised and regulated by the Financial Conduct Authority under reference number 579414.

The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. No advice or information, whether oral or written, obtained by you from Kalkine or through or from the service shall create any warranty not expressly stated. Kalkine does not intend to exclude any liability which it is not permitted to exclude under applicable law or regulation.

Kalkine does not offer financial advice based upon your personal financial situation or goals, and we shall NOT be held liable for any investment or trading losses you may incur by using the opinions expressed in our publications, market updates, news alerts and corporate profiles. Kalkine does not intend to exclude any liability which it is not permitted to exclude under applicable law or regulation. Kalkine’s non-personalised advice does not in any way endorse or recommend individuals, investment products or services for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a professional authorised financial planner and adviser. You should be aware that the value of any investment and the income from it can go down as well as up and you may not get back the amount invested.

Kalkine Media Limited, an affiliate of Kalkine Limited, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.