AEM Holdings

EPF and abrdn buy more AEM shares; recovery delayed till late 2024 - THE EDGE SINGAPORE

Insider moves

EPF and abrdn buy more AEM shares; recovery delayed till late 2024

EPF bought the shares a day after AEM's 3QFY2023 business update
AEM and UMS on an upswing; Azeus gives best returns - THE EDGE SINGAPORE

Billion Dollar Club 2023

AEM and UMS on an upswing; Azeus gives best returns

AEM Holdings, a regular winner at these awards, is back again, with its overall sector win
abrdn buys more AEM following earlier sale; YFH increases buybacks with CEO’s resignation - THE EDGE SINGAPORE

Insider moves

abrdn buys more AEM following earlier sale; YFH increases buybacks with CEO’s resignation

CGS-CIMB analyst William Tng upgraded AEM on expectations of earnings recovery in FY2025
AEM's lower FY2023 revenue guidance prompts target price changes - THE EDGE SINGAPORE

Broker's Calls

AEM's lower FY2023 revenue guidance prompts target price changes

Ling's new target price remains pegged to 10xFY2024 earnings

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
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