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yah, I see four dollars in the horizon.......MYR$
trader1970 ( Date: 26-Jan-2024 10:23) Posted:
| Amazing turnaround from the morning sharp gap down and now back to pre-opening price... Perhaps co announcment will be out this weekend. Such a big co with TM and renowed fund inside as well as big 3 audit firm signing off perhaps is a good price to long some for some quick capital gains?... :) |
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dragons maybe...in time for the LNY...
eddyeddy ( Date: 26-Jan-2024 09:19) Posted:
| More worms to be exposed . |
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see...end is near
tongphlp ( Date: 22-Jan-2024 19:16) Posted:
Vested or not is besides the point..
it looks headed towards 2.5 or lower..
just look at the shortists and vol..
TH is no power against them...
LoudShout ( Date: 22-Jan-2024 15:33) Posted:
The inventory shortfall due to human error in the EPS system, and the migration of system from singapore to Penang caused the current steep decling in share price.
This is after the recently USD20 million settlement of the Advantage arbitration.
What is the BOD doing about this 2 boos boos? Sit and wait till the next shoe to drop?
Remain vested but eager to see actions being taken on the above 2 non operational shocks. |
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time for SIAS to take back the award?
LoudShout ( Date: 25-Jan-2024 13:04) Posted:
Since being awarded by SIAS in 2019 on the Most Transparent and Governance Co, it has miserably failed to live up to its award in the light of
the US$20 million arbitration payment and now, messed up in its stock inventory.
SiAS is now asking a series of questions, they are by no mean complete.. let see how Transparent and Governance is the Co? |
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there' s more to it then meets the eye? SIAS intervene now, later what? CAD? SGX? CPIB?
well, if that happens, AEM is gonna join the watchlist soon
aragosta ( Date: 25-Jan-2024 10:20) Posted:
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No Shame...looks like it' s going down the same path as No Signboard?..
Alignment ( Date: 24-Jan-2024 17:06) Posted:
| Shame about the timing of this. Strong ASML results lifting other stocks in the space. |
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yah. fallen from grace...
from one of the top companies to one of the most rotten companies..
not surprised if Intel says - sorry, NO DEAL!
and it' s gonna be IT' s THE END!
112233 ( Date: 24-Jan-2024 12:31) Posted:
| opening up a can of worms. yucks. totally lost confidence in the managemnet team. |
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What' s new?
Already expected an investigation into this....simply brush aside - No fraud...human error...wow...
AEM wants to play with TH is it? Someone has to pay for this.....heavily....
eddyeddy ( Date: 24-Jan-2024 12:35) Posted:
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" no fraud" - but look at the SP. If it is indeed true, confidence will come back and reflect in the SP..
I think most investors are now reading between the lines..
in the meantime, shake head..
Rockyhula ( Date: 23-Jan-2024 10:12) Posted:
AEM' s usual business inventory is 100+m. For more than a year now they have been carrying inventories in excess of 300m. Although
its ordered by customer n off take is delayed, the carrying costs on more than 300m inventories is big.
If take away the usual business inventories of 100+m, there' s still 200m which is now down a bit. Ydy' s press release couldn' t really
put on a firm number on the ' lost' inventory, but a range. Does it mean they are not even sure how much was ' lost' ?
If this is so important n all resources are used to discover the loss, its taking too long to find out what happened. We are nearing end Jan
and the only thing they are saying is the same, ie no fraud. Other than that, not much new news.
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this is SGX for u! First class! my foot!
eddyeddy ( Date: 22-Jan-2024 12:32) Posted:
| As good as scamming the public ! |
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Vested or not is besides the point..
it looks headed towards 2.5 or lower..
just look at the shortists and vol..
TH is no power against them...
LoudShout ( Date: 22-Jan-2024 15:33) Posted:
The inventory shortfall due to human error in the EPS system, and the migration of system from singapore to Penang caused the current steep decling in share price.
This is after the recently USD20 million settlement of the Advantage arbitration.
What is the BOD doing about this 2 boos boos? Sit and wait till the next shoe to drop?
Remain vested but eager to see actions being taken on the above 2 non operational shocks. |
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look at the price u can tell....heading lower n lower each day
eddyeddy ( Date: 21-Jan-2024 14:39) Posted:
| Can be more serious than reported so far. |
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They all crying over spilled milk now...
someone has to pay for this....?
Tempest ( Date: 21-Jan-2024 21:36) Posted:
Temasek has more than 12% of sake. Really no joke if they allow the SP to keep falling. How public cam trust like that.. hais
unclebond ( Date: 20-Jan-2024 17:31) Posted:
| Temasek Holdings Pte Ltd. (Investment Management) 38,626,300 |
12.38% |
101 M $ |
| Employees Provident Fund 34,430,000 |
11.04% |
90 M $ |
| FIL Investments International 12,227,341 |
3.92% |
32 M $ |
| Abrdn Asia Ltd. 11,210,700 |
3.59% |
29 M $ |
| Toh Ban Leng James 11,000,000 |
3.53% |
29 M $ |
| Ban Leng Toh 10,000,000 |
3.21% |
26 M $ |
| The Vanguard Group, Inc. 9,637,500 |
3.09% |
25 M $ |
| Wai San Loke 7,652,977 |
2.45% |
20 M $ |
| Polaris Capital Management LLC 7,160,200 |
2.30% |
19 M $ |
| Norges Bank Investment Management 5,437,289 |
1.74% |
14 M $ |
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47.25% |
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or already run road liao....
Newlearner ( Date: 21-Jan-2024 23:33) Posted:
Maybe the manager at Temasek also panic now 
Tempest ( Date: 21-Jan-2024 21:36) Posted:
| Temasek has more than 12% of sake. Really no joke if they allow the SP to keep falling. How public cam trust like that.. hais
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anything is possible
joe1991 ( Date: 20-Jan-2024 17:08) Posted:
Hope it's not another Nanofilm...price drop nonstop ..no ending...Temasek too got holding...
tongphlp ( Date: 20-Jan-2024 16:50) Posted:
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i thot company will announce results on Feb 30...
oh, sorry, oversight...company didnt realise there is no Feb 30...just like overstate of inventory numbers..
numbers too jialat to report..so wait for feb 30 to materialise before reporting any numbers..
HuatAh7898 ( Date: 21-Jan-2024 15:13) Posted:
company announcement on SGX on or b4 Feb 29
Rockyhula ( Date: 21-Jan-2024 14:15) Posted:
| Results date not announced yet, where did you get date to be Feb 29? |
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Jail the fellow!
chiachiawee ( Date: 19-Jan-2024 17:12) Posted:
| Any veteran player would know today' s price action suggests something really bad. I cannot imagine things like inventory overstated by 5-7% in a well-known listed company. Jia luck already this time. cheers. |
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It' s 1 vs all the brokerage houses...where 2 find the firepower? AEM is cursed..
Tempest ( Date: 20-Jan-2024 16:06) Posted:
| temasek holdings not supporting this counter? |
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hyflux no 2?
LoudShout ( Date: 19-Jan-2024 13:37) Posted:
(The initial investigation into this issue attributes the shortfall to human error in transactions with the Group& rsquo s ERP system during the migration of production to the Group& rsquo s Penang facility from Singapore. These errors were not detected by the existing controls and processes that are in place. As a result of the Company& rsquo s initial findings, it has embarked on a process to review its inventory and stock monitoring and tracking processes and systems.)
Migration errors? No check and balance? No reconciliation of figures prior and after migration?
Also, system tolerance check would detect the anomalies.
Not human input error, Migration error, system unable to detect..
Share price plunged, shareholders feel the immediate impact.
BOD and management should have their bonuses, share options clawback. |
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u r right...look at the price...
112233 ( Date: 17-Jan-2024 10:06) Posted:
maybe more problems going to surface with investigations .... really sucks.
tongphlp ( Date: 16-Jan-2024 15:27) Posted:
| Company is keeeping total radio silence... |
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