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whatever it is and wherever he came from, he should be FIRED
why is he staying on despite so many hiccups, mistakes and non performing in share price? issue bonus shares? my feet are laughing
beng1102 ( Date: 09-May-2024 09:34) Posted:
Don' t know how they manage to find the current CEO? From report he is ex-ST Eng and both AEM and ST Eng are heavily invested by our sovereign fund.
tongphlp ( Date: 09-May-2024 09:23) Posted:
| Matter of time they lose Intel. Who wants to deal with such shitty company? |
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temasek lost big in this
LoudShout ( Date: 09-May-2024 10:55) Posted:
Yes, indicate 5 x revenues for new wins in 2025 but cant see anything yet for 2nd half 2024.
One more year to enjoy the perks of the job
Only shareholders got hit
tongphlp ( Date: 09-May-2024 10:42) Posted:
| shoudl remove all of them. |
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it shhould be a penny stock. that' s my take
aragosta ( Date: 09-May-2024 11:15) Posted:
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shoudl remove all of them.
FATABA ( Date: 09-May-2024 10:25) Posted:
$2+ share can drop 30c ......what is going on .
Really no confident in this mgt ?
DYODD
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Matter of time they lose Intel. Who wants to deal with such shitty company?
LoudShout ( Date: 06-May-2024 15:52) Posted:
The way the Co announced its 2 wins is like the Cai png seller... add vegetables, and then add tofu... but it is the same customer, the same plate.
Only after clarifiication, the 2 orders are from One Customer... |
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FIRE the CEO!
Let' s do it!!
Joelton ( Date: 09-May-2024 07:52) Posted:
AEM: Q1 net profit tumbles 85% to S$2.4 million warns uptick to be seen only in coming FY2025
AEM Holdings has reported earnings of just $2.4 million for 1QFY2024, down 85% y-o-y.
Revenue dropped by 38.3% to $94.2 million and net margins too plunged by 7.7 percentage points to 2.5%.
According to AEM, the weaker bottom line was also caused by a restructuring charge of $2.1 million.
Revenue, when compared to the preceding Q4FY2023, was flat, which AEM says it due to slower than expected recovery of its key customer.
The build-up of inventory in the life science and industrial sectors has hurt revenue too, the company says.
AEM says as a result of its continuous efforts in R& D, it has won two significant high-volume production wins for its test solutions in the high performance compute and AI space.
See also: Trans-China Automotive 1QFY2024 revenue drop by a quarter amid ' intensely' competitive market
&ldquo The industry is at the cusp of an AI-driven revolution, and our recent program wins are a testament to the strength of our Test 2.0 solutions, and the role our test vision will play in addressing the future needs of the devices powering the next technological wave of growth," says CEO Chandran Nair.
AEM warns that despite the growth prospects, the semiconductor industry as a whole is still seeing overcapacity and end market " demand uncertainty" .
As such, recovery has been uneven.
" Given that the visibility into the second half of the year remains limited, we expect any uptick in growth to occur only in 2025.
" So while the pace of the rebound is expected to be gradual and measured, the future years looks promising with the proliferation of AI capabilities at the edge," says AEM.
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yes..way past its prime
MrBear12 ( Date: 07-May-2024 15:45) Posted:
VentureCorp is probably past its prime.
Its dividend is still a draw.
But as many forumers here have correctly noted, don' t buy it just to collect dividend. |
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what BS!! unacheivable at all
MambaFinancial89 ( Date: 01-Mar-2024 09:54) Posted:
Venture Corp
Price targets:
DBS Group Research BUY $16.90
CGS International ADD $15.93
Maybank Securities BUY $15.80
UOB Kay Hian BUY $16.37
No surprise, outlook remains bright
Most analysts have kept their calls on Venture Corp following FY2023 earnings that did not throw up any surprises. Despite lower earnings, Venture has maintained its final dividend at 50 cents, bringing the full-year payout to 75 cents, implying a yield of 5.3%.
In his Feb 23 note, Maybank Securities Jarick Seet, citing management, flags that the 2HFY2024 ended December should be stronger than 1HFY2024 as production of new products starts. Venture is also confident it can maintain net margins between 8% and 10% for FY2024.
The company continues to see significant growth opportunities in life sciences, test instrumentation, data centres, semiconductor equipment, and advanced industrial, networking and communications. In 1QFY2024, Venture has also launched luxury lifestyle and wellness products.
Even as Seet has kept his BUY call, he has raised his target price to $15.80 from $15.50, pegged to an unchanged 16 times forward FY2024 earnings to consider revised earnings estimates.
On their part, John Cheong and Heidi Mo of UOB Kay Hian have maintained their BUY call and $16.37 target price on the stock. They note that Venture is expanding its services, including design, sourcing and supply chain management. This will deepen collaboration with many of Ventures class-leading customers, say the analysts in their Feb 23 note.
William Tng of CGS International calls the company a free cash flow generator as it has no borrowings and sits on a record cash hoard of $1.06 billion while free cash flow hit a record $473.9 million.
Like Seet, Tng has slightly raised his target price to $15.93 from $15.90 after he projected higher earnings per share to consider a smaller share base following a series of share buybacks. His valuation multiple is kept at 14.6 times.
Ling Lee Keng of DBS Group Research is more bullish than her peers. In her Feb 23 note, she flags how Venture can capture new opportunities with its diversified product mix and blue-chip customer base.
With an eye on the longer term, Venture continues to invest and develop new differentiating capabilities across multiple technology domains, she adds.
Her new target price of $16.90, from $15.10 previously, is based on 16 times FY2024 earnings, which, thanks to the improving outlook, is a higher multiple versus 14 times previously. &mdash The Edge Singapore |
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For PRIME cuts, I patronise CUT, Fatcow or Bedrock....Giving AEM a miss as theirs is food court quality at best...they have well passed their PRIME after failing to get a listing on Nasdaq and overstating their inventories..
MrBear12 ( Date: 11-Apr-2024 11:16) Posted:
Very funny. Prime supermarket stocks basic essentials. Go Cold Storage for niceties. See if this prime manufacturer can hold 2.50.
tongphlp ( Date: 11-Apr-2024 11:09) Posted:
| i rather go PRIME supermarket! more deals there |
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i rather go PRIME supermarket! more deals there!
MrBear12 ( Date: 09-Apr-2024 12:22) Posted:
| Wanna join in this prime bull run? |
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remove the CEO...the only prime I trust now is Optimus Prime..
MrBear12 ( Date: 09-Apr-2024 11:49) Posted:
Like I said once, its past its prime.
Trader' s stock.
tongphlp ( Date: 09-Apr-2024 11:44) Posted:
| no wonder even aberdeen pared their stakes. |
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no wonder even aberdeen pared their stakes..
aragosta ( Date: 08-Apr-2024 16:58) Posted:
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yes, current ceo is useless and hopeless
Goodwill77 ( Date: 07-Apr-2024 20:53) Posted:
investor confidence need to be earned back
inventory issue, no earning but loss, no dividend and same CEO...
watch for now
Dyodd
MrBear12 ( Date: 07-Apr-2024 20:28) Posted:
Yes, understand you goodwill77.
If you have a full time job, leave it to the professional fund managers who should be doing this ground work, but very often, do not.
Have a good look around other stocks and you may find that AEM - very hard to reach its peak again. A mountain to climb!
Trade with goodwil |
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whatever Nair says, take it with a pinch of salt...learn from past experience..
MambaFinancial89 ( Date: 03-Apr-2024 11:40) Posted:
Hot stock: AEM climbs as much as 13.4% following contract win
SHARES of mainboard-listed AEM jumped as much as 13.4 per cent on Wednesday (Apr 3) after announcing a contract win for its automated burn-in (ABI) test system.
The counter reached a high of S$2.45 at 9.53 am, up S$0.29. By 10.52 am, shares of AEM were trading 10.7 per cent or S$0.23 higher at S$2.39, with 6.7 million shares changing hands.
On Wednesday, AEM, which provides advanced chip-testing solutions, announced a contract win from a major fabless provider of high-performance compute and artificial intelligence (AI) semiconductor chips.
The companys ABI test system was selected by the customer as a plan-of-record solution to address the latter&rsquo s emerging test needs for a new device roadmap.
This win further expands our industry leadership in advanced, high parallel burn-in solutions and proves that we provide value-added, full turnkey solutions to enable our customers to shift towards Test 2.0 in a cost-effective manner, said AEM chief executive Chandran Nair.
The systems test products by subjecting them to extended periods of operation under stressful conditions, typically to detect potential defects or weaknesses before they reach the end consumer.
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did they also have an issue of overstating their inventories too?.....hmmm....well, if he' s that good, why did he leave? sure for better $$ but if he' s doing a damn good job, they would have doubled the pay to keep him but chose to let him leave...
beng1102 ( Date: 03-Apr-2024 10:33) Posted:
Current CEO was previous working in ST Eng, both ST Eng and AEM are sovereign wealth fund invested. VERY GOOD NETWORK will get u where u want to go.
tongphlp ( Date: 03-Apr-2024 10:25) Posted:
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expected
CEO fired yet?
rghleex1 ( Date: 01-Apr-2024 11:07) Posted:
| Hopeless! Intel gd news this counter drop further |
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sure can trust? is it a scam?
SmallSmall ( Date: 03-Apr-2024 09:03) Posted:
| AEM Announces High Volume Manufacturing Order Win for its Automated Burn-In Test Solution Singapore, April 3, 2024 &ndash Today, AEM, a global leader in test and handling solutions, announced that its next-generation Automated Burn-In (ABI) test system has been selected as the Plan-of-Record solution by a major fabless provider of high-performance compute (HPC) and artificial intelligence (AI) semiconductor chips. The systems are intended for high-volume manufacturing (HVM) to address the emerging test needs for the customer' s new device roadmap and will commence delivery in FY 2024, with further deliveries expected in the following years. A key factor in what AEM' s ABI offers is the lower cost-of-test for HVM Burn-In. The fully automated operation and high parallelism allow efficient testing and stressing of high-power semiconductor devices such as AI processors, or other integrated circuits, which can significantly increase the throughput and efficiency of the testing process. These systems are designed to test products by subjecting them to extended periods of operation under stressful conditions, typically to detect potential defects or weaknesses before they reach the end consumer. AEM&rsquo s ABI test solution also offers: &bull Individual device control for test and thermal control, with advanced active thermal control at burn-in for devices requiring high power as seen in the latest generation roadmap HPC and AI devices &bull Large form factor device handling with world leading safety features &bull Powerful software to accelerate the process of bringing a device to HVM Chandran Nair, the Chief Executive Officer of AEM, said: " As we continue to push the boundaries of innovation, we' re thrilled to secure this order from a leading high-performance compute and AI semiconductor company. This win further expands our industry leadership in Page 2 of 2 AEM Holdings Ltd. 52 Serangoon North Ave 4 Singapore 555853 advanced, high parallel burn-in solutions and proves that we provide value-added, full turnkey solutions to enable our customers to shift towards Test 2.0 in a cost-effective manner. This program underscores our commitment to delivering advanced test and handling solutions that empower our customers to excel in the dynamic landscape of high-volume manufacturing and test quickly and efficiently for reliability and safety." AEM' s Test 2.0 paradigm is at the forefront of test solutions for next-generation advanced logic devices, including high-performance compute and AI. AEM leads the industry in Active Thermal Control, Advanced Factory Automation, and Test Instrumentation. |
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what about the firing of the CEO? Any news?
LoudShout ( Date: 28-Mar-2024 09:14) Posted:
Cos announcement: Promotion of Chua Tat Ming as COO
Last COO resigned in November 2023.
Hopefully, will see more changes in the senior management and Board too for the inventory shortfall, dismal performance, and USD20 million arbitration payment. |
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yes. investors have lost confidence in the CEO
share price speaks for itself
LoudShout ( Date: 25-Mar-2024 16:22) Posted:
Share price will pop
tongphlp ( Date: 25-Mar-2024 14:39) Posted:
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CEO should be fired!
rghleex1 ( Date: 25-Mar-2024 10:02) Posted:
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