Kinetic88
Great Supremacy Member
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- Jun 15, 2007
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- 65,180
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AEM Holdings *Official* (SGX:AWX)
- Thread starter wahkao3
- Start date
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- Jan 5, 2015
- Messages
- 84,273
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- 10,137
Still holding ?
Thrown long ago. But holding best world and China sunsine.
Kinetic88
Great Supremacy Member
- Joined
- Jun 15, 2007
- Messages
- 65,180
- Reaction score
- 5
Mergui219067
Supremacy Member
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- Jan 17, 2018
- Messages
- 5,675
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- 1
It peaked @ $1.90 the next day when he said this .
surprisingly nobody notice this counter.
it rose steadily for the past few weeks and the financials are solid. another Venture counter.
- Joined
- Jan 5, 2015
- Messages
- 84,273
- Reaction score
- 10,137
gxgx
huat gao gao.
Not much. Got many red counters. Pollux, koda, FEO, world precision all gg.
Kinetic88
Great Supremacy Member
- Joined
- Jun 15, 2007
- Messages
- 65,180
- Reaction score
- 5
Mergui219067
Supremacy Member
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- Jan 17, 2018
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- 5,675
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- 1
Saw the boss smiling & talking about how he revived AEM in SPH only not too long ago......
netzach
High Supremacy Member
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- Nov 28, 2011
- Messages
- 39,545
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- 2,679
Stopped moving already. Start stop start stop. One step forward two steps back. Knn.
netzach
High Supremacy Member
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- Nov 28, 2011
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- 2,679
Shion
Senior Mentor
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- Oct 24, 2008
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- 81,484
CGS-CIMB keeps 'buy' for AEM following unchanged sales guidance, business contingency measures
CGS-CIMB keeps 'buy' for AEM following unchanged sales guidance, business contingency measures
https://www.theedgesingapore.com/ca...unchanged-sales-guidance-business-contingency
SINGAPORE (March 23): CGS-CIMB Research is confident of AEM Holdings’ prospects despite the disruption in the latter’s operations as a result of the outbreak of the novel coronavirus (Covid-19).
This comes after the semiconductor manufacturer on March 19 guided that its full year sales of $360 million to $380 million remains unchanged.
The company also expects to record sales of $135 million to $145 million in 1Q 2020.
Further to that, the company announced that it has activated its business continuity plan across its operations and supply chain.
The measures adopted included travel restrictions, compulsory temperature checking, advisory on personal hygiene, working on shifts at different sites or from home, and ordering materials from alternative sources.
“We reiterate our current add call and [target price] of $2.71, based on an unchanged Gordon growth-derived [price-to-book] multiple of 4.05 times,” CGS-CIMB analyst Willian Tng writes in a note dated March 20.
On March 18, Malaysia imposed a movement control order (MCO) in the aim of slowing the spread of Covid-19.
This required the closure of all business premises, except for those supplying essentials, such as supermarkets and pharmacies. The MCO is expected to last until March 31.
CGS-CIMB notes that AEM’s key customer – Intel – is maintaining above-90% on-time delivery of its products from the latter’s factories worldwide.
As at 11.22 am, AEM was down 11 cents or 7% at $1.46, with 5.8 million shares changed hands.
CGS-CIMB keeps 'buy' for AEM following unchanged sales guidance, business contingency measures
https://www.theedgesingapore.com/ca...unchanged-sales-guidance-business-contingency
SINGAPORE (March 23): CGS-CIMB Research is confident of AEM Holdings’ prospects despite the disruption in the latter’s operations as a result of the outbreak of the novel coronavirus (Covid-19).
This comes after the semiconductor manufacturer on March 19 guided that its full year sales of $360 million to $380 million remains unchanged.
The company also expects to record sales of $135 million to $145 million in 1Q 2020.
Further to that, the company announced that it has activated its business continuity plan across its operations and supply chain.
The measures adopted included travel restrictions, compulsory temperature checking, advisory on personal hygiene, working on shifts at different sites or from home, and ordering materials from alternative sources.
“We reiterate our current add call and [target price] of $2.71, based on an unchanged Gordon growth-derived [price-to-book] multiple of 4.05 times,” CGS-CIMB analyst Willian Tng writes in a note dated March 20.
On March 18, Malaysia imposed a movement control order (MCO) in the aim of slowing the spread of Covid-19.
This required the closure of all business premises, except for those supplying essentials, such as supermarkets and pharmacies. The MCO is expected to last until March 31.
CGS-CIMB notes that AEM’s key customer – Intel – is maintaining above-90% on-time delivery of its products from the latter’s factories worldwide.
As at 11.22 am, AEM was down 11 cents or 7% at $1.46, with 5.8 million shares changed hands.
Shion
Senior Mentor
- Joined
- Oct 24, 2008
- Messages
- 321,405
- Reaction score
- 81,484
AEM remains 'best and biggest port' amid Covid-19 storm: KGI
AEM remains 'best and biggest port' amid Covid-19 storm: KGI
https://www.theedgesingapore.com/ca...best-and-biggest-port-amid-covid-19-storm-kgi
SINGAPORE (May 14): As many companies settle for lower earnings and revenue due to the Covid-19 pandemic, AEM Holdings bucked the trend with its ‘best quarter on record’ for 1QFY2020 ended March.
The provider of equipment systems solutions and manufacturing services booked earnings of $43.8 million, a 449% surge compared to the previous year. This came on the back of a 179% increase in revenue to $146.8 million from $52.7 million in 1QFY2019, due to increased orders from its main customer, Intel.
KGI Research analyst Kenny Tan notes that the company’s profit margins improved to 24.6% from 16.3% last year due to the group’s ability to maintain high levels of production with a low fixed cost structure.
As far as 2020 is concerned, AEM is looking to garner sales within the range of $430 million and $450 million, a significant hike from its previous guidance rage of $360 million to $380 million. And Tan remains confident that this is highly likely.
“The only dark spots, if any, is the lack of contributions from subsidiary segments, in which no segmental breakdown was provided,” says Tan.
“Furthermore, none of 1QFY2020’s revenues were rushed production pull-ins from later quarters. AEM also confirmed that orders were still coming in,” he adds.
To be sure, Tan says the guidance raise reflects a “changing sentiment” due to continued orders from Intel. In addition, companies in the tech sector can generally remain defensive amid the Covid-19 pandemic.
“The tech sector, semiconductor industry included, has generally weathered the Covid-19 crisis fairly well,” shares Tan.
“Fellow test equipment peers have generally performed above expectations, confirming earlier theories that the disruption is mainly supply-side and not demand-side,” he adds.
Looking ahead, the brokerage is expecting a “conservative” net margin of 18.5% for the company, citing these to be fairly defensible for the time being.
As AEM ramps up production of the latest generation of test handlers, Tan opines that margins are likely to increase even more.
However, Tan remains cautious about the escalation of pandemic which could lead to supplier delays and order cancellations, as well as the possibility of competitors’ R&D efforts weakening AEM’s market position.
KGI is reiterating its “outperform” call on AEM Holdings with a higher target price of $3.61 compared to the previous one of $2.60.
Year to date, shares in AEM have surged some 50.2% to trade at $3.15 as at 3.19pm.
AEM remains 'best and biggest port' amid Covid-19 storm: KGI
https://www.theedgesingapore.com/ca...best-and-biggest-port-amid-covid-19-storm-kgi
SINGAPORE (May 14): As many companies settle for lower earnings and revenue due to the Covid-19 pandemic, AEM Holdings bucked the trend with its ‘best quarter on record’ for 1QFY2020 ended March.
The provider of equipment systems solutions and manufacturing services booked earnings of $43.8 million, a 449% surge compared to the previous year. This came on the back of a 179% increase in revenue to $146.8 million from $52.7 million in 1QFY2019, due to increased orders from its main customer, Intel.
KGI Research analyst Kenny Tan notes that the company’s profit margins improved to 24.6% from 16.3% last year due to the group’s ability to maintain high levels of production with a low fixed cost structure.
As far as 2020 is concerned, AEM is looking to garner sales within the range of $430 million and $450 million, a significant hike from its previous guidance rage of $360 million to $380 million. And Tan remains confident that this is highly likely.
“The only dark spots, if any, is the lack of contributions from subsidiary segments, in which no segmental breakdown was provided,” says Tan.
“Furthermore, none of 1QFY2020’s revenues were rushed production pull-ins from later quarters. AEM also confirmed that orders were still coming in,” he adds.
To be sure, Tan says the guidance raise reflects a “changing sentiment” due to continued orders from Intel. In addition, companies in the tech sector can generally remain defensive amid the Covid-19 pandemic.
“The tech sector, semiconductor industry included, has generally weathered the Covid-19 crisis fairly well,” shares Tan.
“Fellow test equipment peers have generally performed above expectations, confirming earlier theories that the disruption is mainly supply-side and not demand-side,” he adds.
Looking ahead, the brokerage is expecting a “conservative” net margin of 18.5% for the company, citing these to be fairly defensible for the time being.
As AEM ramps up production of the latest generation of test handlers, Tan opines that margins are likely to increase even more.
However, Tan remains cautious about the escalation of pandemic which could lead to supplier delays and order cancellations, as well as the possibility of competitors’ R&D efforts weakening AEM’s market position.
KGI is reiterating its “outperform” call on AEM Holdings with a higher target price of $3.61 compared to the previous one of $2.60.
Year to date, shares in AEM have surged some 50.2% to trade at $3.15 as at 3.19pm.
5408854088
High Supremacy Member
- Joined
- Apr 3, 2007
- Messages
- 32,048
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- 29
AEM Holdings 1H20 earnings surge 149.9% to $55.3 mil
https://www.theedgesingapore.com/capital/results/aem-holdings-1h20-earnings-surge-1499-553-mil
https://www.theedgesingapore.com/capital/results/aem-holdings-1h20-earnings-surge-1499-553-mil
Shion
Senior Mentor
- Joined
- Oct 24, 2008
- Messages
- 321,405
- Reaction score
- 81,484
AEM ups revenue guidance for FY2020
AEM ups revenue guidance for FY2020
https://www.businesstimes.com.sg/companies-markets/aem-ups-revenue-guidance-for-fy2020
SEMICONDUCTOR play AEM Holdings revised its FY2020 revenue guidance upwards on Thursday to between S$480 million and S$500 million.
It had, in its H1 2020 results announcement, pegged it at between S$460 million and S$480 million.
The company said the latest revision is based on sales-order visibility and business outlook. Capital expenditure is to remain unchanged at about S$4 million.
AEM shares closed at S$3.29 before the announcement, down 42 Singapore cents or 11.32 per cent.
AEM ups revenue guidance for FY2020
https://www.businesstimes.com.sg/companies-markets/aem-ups-revenue-guidance-for-fy2020
SEMICONDUCTOR play AEM Holdings revised its FY2020 revenue guidance upwards on Thursday to between S$480 million and S$500 million.
It had, in its H1 2020 results announcement, pegged it at between S$460 million and S$480 million.
The company said the latest revision is based on sales-order visibility and business outlook. Capital expenditure is to remain unchanged at about S$4 million.
AEM shares closed at S$3.29 before the announcement, down 42 Singapore cents or 11.32 per cent.
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