AEM Holdings

Insider moves

EPF and Abrdn buy more AEM shares; Japfa’s new boss raises family’s stake

In line with the weakening semiconductor industry worldwide, AEM has reported softer numbers
EPF and abrdn loads up on AEM shares - THE EDGE SINGAPORE

Insider moves

EPF and abrdn load up on AEM shares

AEM shares closed March 6 at $2.86, up 2.88%.

Results

AEM records highest annual revenue at $870.5 mil, provides conservative outlook for 2023

The company posted FY2022 earnings of $126.8 million, up 38% y-o-y.

Billion Dollar Club 2022

AEM Holdings takes the top spot in Billion Dollar Club

While the industry is in a downturn, the company is upbeat about its longer-term prospects.

Broker's Calls

Maybank raises target price on AEM despite 'short term headwinds' ahead

Seet says short-term headwinds may present lower price entry levels in the near term for investors.

Results

AEM reports 3QFY2022 earnings of $32.2 million, up 38.3%

"The semiconductor industry is entering an interesting time," says AEM

Broker's Calls

Maybank downgrades Singapore tech sector on uncertain outlook

Seet's sole "buy" call within the tech sector under his coverage is Venture Corp for its "diversification and resilience"
CGS-CIMB bullish on AEM, UMS and Frencken, but calls ‘reduce’ on GVT - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB bullish on AEM, UMS and Frencken, but calls ‘reduce’ on GVT

CGS-CIMB's William Tng has maintained his "buy" call for most companies, but calls "reduce" on GVT.
Grand Venture chairman raises stake; abrdn and Malaysia’s EPF load up AEM in face of downgrades - THE EDGE SINGAPORE

Insider moves

Grand Venture chairman raises stake; abrdn and Malaysia’s EPF load up AEM in face of downgrades

abdrn and EPF bought AEM shares even as analysts turned cautious on the stock

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.
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