AEM Holdings (AEM)

Maintain ‘overweight’ on semicon sector on strong Aug sales: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Maintain ‘overweight’ on semicon sector on strong Aug sales: CGS-CIMB

CGS-CIMB has maintained an “overweight” rating on the semiconductor sector after a strong showing in sales in August.
Retail REITs favoured on 'faster-than-expected' recovery: KGI - THE EDGE SINGAPORE

Broker's Calls

Retail REITs favoured on 'faster-than-expected' recovery: KGI

REITs and Technology sectors are marked to “outperform” in an otherwise “neutral” climate.

M&A

AEM gets in-principle from SGX for the listing and quotation of shares in connection with DB Design acquisition

As at 2.14pm, shares in AEM were trading 8 cents higher, or 2.0% up at $4.16.

ESR scoops up more AA REIT units; AEM director sells shares as stock runs up

ESR HK Management on Aug 5 acquired 400,000 units of AIMS APAC REIT (AA REIT) for $485,440, or an average of $1.21 each. It now owns a direct stake of 9.1 million units, or 1.29% of AA REIT. ESR HK Management also owns other AA REIT units through various

Broker's Calls

Analysts more bullish on AEM after stellar 1H20 results, raise TP

Against this bullish outlook, analysts have upgraded their earnings forecasts.

Results

AEM Holdings 1H20 earnings surge 149.9% to $55.3 mil

AEM Holdings has proposed an interim dividend of 5.0 cents per share, representing a payout of 25% for the half-year period.

Tech

Analysts bullish on AEM despite Intel's woes

Intel suffers delays on its 7nm and 10nm chips, but analysts remain bullish on other tech stocks.
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