AEM Holdings (AEM)

Broker's Calls

Analysts mixed on AEM Holdings despite lifted FY2022 guidance; Maybank downgrades to 'hold'

Maybank has also slashed its TP by 50.8%. Meanwhile, CGS-CIMB have raised their FY2022 revenue forecast by 6.3%.
Analysts remain 'overweight' on tech manufacturers despite negative outlook in near-term - THE EDGE SINGAPORE

Broker's Calls

Analysts remain 'overweight' on tech manufacturers despite negative outlook in near-term

Semicon shipments growth to enter negative growth territory, predicts DBS.

Broker's Calls

CGS-CIMB slashes AEM's TP by over 40% on fears of order deferments

The analysts have, however, retained their “add” call as they see AEM's long-term prospects remaining strong.

Results

AEM lifts FY2022 revenue guidance to between $820 mil and $850 mil

This is compared to its previous guidance of between $670 million to $720 million made on Jan 11.

Broker's Calls

DBS downgrades AEM Holdings to 'hold' after key customer Intel plans to reduce headcount

As at 4.26pm, shares in AEM are trading 42 cents lower or 11.44% down at $3.25.

Company in the news

AEM Holdings reports breach, conducting "rigorous review" post-incident

Upon discovery, the company took immediate and appropriate steps to contain the incident and prevent further unauthorised access.
UOB Kay Hian downgrades AEM Holdings to 'hold' despite record 1HFY2022 revenue - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian downgrades AEM Holdings to 'hold' despite record 1HFY2022 revenue

During the 1HFY2022 ended June, AEM reported earnings of $83 million, up 180% y-o-y.

Results

AEM reports record quarterly revenue and profit before tax in 1QFY2022 business update

During the quarter, AEM’s revenue surged 226.4% y-o-y to $261.9 million, while PBT surged 212.1% y-o-y to $49.7 million.

Broker's Calls

Analysts continue to like AEM's prospects following Intel news; UOBKH initiates 'buy'

UOB Kay Hian has initiated "buy” on AEM Holdings with a TP of $5.60, while Maybank has kept "buy" with an unchanged TP of $6.34.
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