AEM Holdings (AEM)

Broker's Calls

Analysts downgrade AEM to ‘sell’ after lower-than-expected earnings and uncertain outlook

The analysts have also cut their target prices and earnings estimates.

Broker's Calls

AEM secures new customer, CGS awaits better revenue visibility, keeps ‘hold’ and target price unchanged

CGS awaits better revenue visibility in late-FY2024 into FY2025 for AEM Holdings following the securing of its new customer.

Company in the news

AEM’s advanced thermal control solutions selected as plan-of-record for system level test by major fabless provider

Initial deliveries are scheduled to commence in FY2024, with subsequent deliveries anticipated in the following years.

Broker's Calls

Analysts pleased with AEM Holding’s new order win; Maybank upgrades call to ‘buy’ at higher TP

AEM Holdings' new order win inspires confidence in Maybank, upgrades call to 'buy' from 'hold' at higher target price.
SIAS poses questions to AEM Holdings following announcement on shortfall in inventories - THE EDGE SINGAPORE

Company in the news

SIAS poses questions to AEM Holdings following announcement on shortfall in inventories

SIAS sends a letter with a series of questions to AEM Holdings, following recent announcements of shortfall in inventories.
AEM’s shortfall in inventory attributed to human error - THE EDGE SINGAPORE

Company in the news

AEM to book between $18 million and $25 million from inventory shortfall in inventory, human error cited

The value and PBT adjustments that were estimated to be around $18 million to $25 million will be adjusted down in the 4QFY2023.
Chip recovery to help manufacturing turn corner in 2024 - THE EDGE SINGAPORE

Sector Focus

Chip recovery to help manufacturing turn corner in 2024

Singapore's semiconductor segment has already seen a bottoming and is staging a return in the coming year.

Results

AEM Holdings net profit down 96.9% y-o-y for 9MFY2023

The company has kept its revenue guidance for the whole of FY2023 to be between $460 million and $490 million.

Broker's Calls

CGS-CIMB upgrades AEM to ‘add’ with higher TP of $4.11

The company is estimated to see a recovery in net profit in FY2025 as demand from its key customer, Intel, returns.

Broker's Calls

Brokers' Digest: CDL, Centurion, Food Empire, Delfi, Nanofilm, AEM

See what the analysts have to say this week.
×