AEM Holdings (AEM)

Broker's Calls

AEM well-positioned for next phase of business growth: Citi

Citi has given a "Buy" call and target price of $6.37.
AEM guides for FY2022 revenue to range from $670 mil to $720 mil - THE EDGE SINGAPORE

Results

AEM guides for FY2022 revenue to range from $670 mil to $720 mil

During the day, shares in AEM reached a two-week high of $5.275, surging some 5.71% from its last-closed price of $4.99.

Company in the news

AEM to commence dual currency trading on SGX from Jan 4

AEM’s shares will be traded in USD in addition to SGD.
Stay 'positive' on Singapore tech, but be selective: Maybank KE - THE EDGE SINGAPORE

Broker's Calls

Stay 'positive' on Singapore tech, but be selective: Maybank KE

Maybank is still positive on the Singapore tech sector, but advises investors to be "selective" in the stocks they invest.
DBS lifts AEM’s target price to $6.04 on strong industry momentum - THE EDGE SINGAPORE

Broker's Calls

DBS lifts AEM’s target price to $6.04 on strong industry momentum

DBS raises its TP from $4.90 to $6.04, predicting that the uptrend in US semiconductor equipment billings will benefit AEM.
AEM 3Q21 net profit up 4.3%, raises FY21 revenue guidance - THE EDGE SINGAPORE

Results

AEM 3Q21 net profit up 4.3%, raises FY21 revenue guidance

The Group has raised FY2021 revenue guidance to between $525 million and $550 million.

In print this week

Hong Kong investor and EPF pare stake in Interra Resources, Riverstone respectively

Interra Resources has started drilling another well in Myanmar
'Plenty to look forward to' in semicon industry: Maybank KE - THE EDGE SINGAPORE

Broker's Calls

'Plenty to look forward to' in semicon industry: Maybank KE

While semicon stocks may have experienced a correction, Maybank KE thinks it is a good time for investors to buy the dip.
Kopernik raises stake in Yoma Strategic; AEM buys back shares after Toh’s sale - THE EDGE SINGAPORE

Insider moves

Kopernik raises stake in Yoma Strategic; AEM buys back shares after Toh’s sale

Yoma shares were trading at 30 cents before the coup. It is now around 13 cents.
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