AEM Holdings

Results

AEM 1HFY2023 earnings drop 76.2% y-o-y, lowers FY2023 revenue guidance

AEM now expects FY2023 revenue to be at between $460 million and $490 million

Broker's Calls

AEM is HSBC's preferred Asean tech play to ride AI investment theme

AEM is poised to reach a revenue inflection point in 2H2023
Ex-Interra director turns substantial shareholder; EPF and abrdn raise respective stakes in AEM - THE EDGE SINGAPORE

Insider moves

Ex-Interra director turns substantial shareholder; EPF and abrdn raise respective stakes in AEM

EPF's shareholding gap with Temasek, AEM's largest shareholder, is narrowing

Broker's Calls

AI hype rally overdone, UOBKH downgrades AEM to 'sell'

AEM’s first quarter earnings only forms 20% of UOBKH’s full year earnings estimate.
StarHub in spurt of share buybacks; Fidelity and abdrn raise stake in AEM Holdings - THE EDGE SINGAPORE

Insider moves

StarHub in spurt of share buybacks; Fidelity and abdrn raise stake in AEM Holdings

StarHub's 1QFY2023 service revenue was ahead of guidance
Aztech Global chairman Mun sees stake rise; AEM Holdings' lead ID pares stake again - THE EDGE SINGAPORE

Insider moves

Aztech Global chairman Mun sees stake rise; AEM Holdings' lead ID pares stake again

Aztech is eyeing more opportunities in the IoT space

Broker's Calls

Analyst stays cautious on AEM this year, sees better longer term prospects

AEM might raise, or lower, its FY2023 revenue guidance when it reports its 1HFY2023
DBS upgrades AEM to 'buy', betting industry trough is here and recovery next - THE EDGE SINGAPORE

Broker's Calls

DBS upgrades AEM to 'hold', betting industry trough is here and recovery next

"With a higher revenue base, we also assume better margins and raise our earnings estimates"

Broker's Calls

CGS-CIMB keeps 'add' call on AEM with unchanged TP on expected net profit recovery

CGS-CIMB keeps ‘add’ call on AEM Holdings with unchanged TP on expected net profit recovery

Broker's Calls

CGS-CIMB sees AEM's 'possible recovery' from 2HFY2023 and potential earnings recovery for FY2024

On the company's share price decline, CGS-CIMB believes that the market has priced in a weaker performance for the FY2023.
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