AEM Holdings (AEM)

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.
UOB Kay Hian downgrades AEM Holdings to 'hold' despite record 1HFY2022 revenue - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian downgrades AEM Holdings to 'hold' despite record 1HFY2022 revenue

During the 1HFY2022 ended June, AEM reported earnings of $83 million, up 180% y-o-y.

Results

AEM reports record quarterly revenue and profit before tax in 1QFY2022 business update

During the quarter, AEM’s revenue surged 226.4% y-o-y to $261.9 million, while PBT surged 212.1% y-o-y to $49.7 million.

Broker's Calls

Analysts continue to like AEM's prospects following Intel news; UOBKH initiates 'buy'

UOB Kay Hian has initiated "buy” on AEM Holdings with a TP of $5.60, while Maybank has kept "buy" with an unchanged TP of $6.34.

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.
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