AEM Holdings

Investing ideas

Analysts lower target prices for AEM with recovery uncertain for FY2024

Analysts remain upbeat about the long-term prospects of the company
AEM reports $20.9 million in losses for 2HFY2023; CFO resigns, no bonus for management - THE EDGE SINGAPORE

Results

AEM reports $20.9 million in losses for 2HFY2023; CFO resigns, no bonus for management

AEM will not pay a dividend but plans a bonus share issue

Semiconductor

Intel plunges after bleak forecast casts doubt on comeback bid

Intel CEO Pat Gelsinger expects the rest of 2024 to improve quarter by quarter

Insider moves

Temasek, EPF and abrdn's respective stakes in AEM Holdings almost equalised

Analysts are divided in how they interpret the inventory shortfall episode

Investing ideas

Inventory shortfall at AEM complicates analysts' views on chip tester’s anticipated recovery

Some analysts see no operational impact now but others fret negative market sentiment
Maybank and UOB Kay Hian downgrade AEM following inventory shortfall episode; CGS-CIMB, Citi stay positive - THE EDGE SINGAPORE

Broker's Calls

Maybank and UOB Kay Hian downgrade AEM following inventory shortfall episode; CGS-CIMB, Citi stay positive

Tng of CGS-CIMB believes AEM will still pay a token dividend of one cent even though it is likely to report a loss for FY2023
AEM shares drop following inventory shortfall  - THE EDGE SINGAPORE

Company in the news

AEM shares drop following inventory shortfall

DBS: We reiterate our long-term positive view on AEM for its technological superiority in system level test

Company in the news

AEM discovers inventory shortfall, will hurt FY2023

AEM has estimated a shortfall of between 5 and 7% of the level reported for Sept 30 2023
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