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tongphlp Supreme	15-Jan-2024 13:03        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exactly! Let' s call for the CEO to step down! Nonsense! 112233      ( Date: 15-Jan-2024 11:45) Posted: Run while u still can. How can such a major blunder happend ?
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112233 Master	15-Jan-2024 11:45        112233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Run while u still can. How can such a major blunder happend ?
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spore1 Supreme	15-Jan-2024 11:36        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let it settle down first! It may take a few days. tongphlp      ( Date: 15-Jan-2024 11:07) Posted: Hot stock: AEM shares down 7.1% at Monday&rsquo s open on inventory shortfall Mia Pei Published Mon, Jan 15, 2024 · 10:20 am  Updated Mon, Jan 15, 2024 · WATCH OUT!    spore1      ( Date: 15-Jan-2024 10:46) Posted: I think $3.00 soon!
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tongphlp Supreme	15-Jan-2024 11:09        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	the sky is falling... Temasek has shares in AEM so there should be a probe into wrong doing (if any)...loss in investors' confidence in this mickey mouse stock MambaFinancial89      ( Date: 15-Jan-2024 10:42) Posted: CGSCIMB: AEM (Add, TP S$3.76) - What happened?  What happened? AEM just announced that a shortfall in the Group&rsquo s inventories has been uncovered as a result of its year-end 2023 internal stock-taking exercise.  Preliminary estimate suggests that the Group&rsquo s inventories are anticipated to be between 5% to 7% lower than the September 2023 figure of S$358.6m. The stock take is still on-going.  AEM has attributed 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. AEM anticipates that the shortfall will have a negative impact on the Group&rsquo s profitability for FY23F. What we think? Assuming a 7% lower inventory level, a downward S$25.1m adjustment could possibly be made to FY23F net profit, turning our headline S$8.6m net profit expectation for FY23F into a possible S$16.5m loss instead. What to do? Short-term (1H24F) Share price impact will be negative when market opens on Monday. We see possibly -12% downside to the technical support at S$3.00. Long-term (FY25F) Long-term recommendation based on FY25F outlook remains an Add assuming that orders from key customer returns and AEM is able to convert engagements with other customers that it is developing into positive net profit.
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tongphlp Supreme	15-Jan-2024 11:07        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hot stock: AEM shares down 7.1% at Monday&rsquo s open on inventory shortfall Mia Pei Published Mon, Jan 15, 2024 · 10:20 am  Updated Mon, Jan 15, 2024 · WATCH OUT!    spore1      ( Date: 15-Jan-2024 10:46) Posted: I think $3.00 soon! MambaFinancial89      ( Date: 15-Jan-2024 10:42) Posted: CGSCIMB: AEM (Add, TP S$3.76) - What happened?  What happened? AEM just announced that a shortfall in the Group&rsquo s inventories has been uncovered as a result of its year-end 2023 internal stock-taking exercise.  Preliminary estimate suggests that the Group&rsquo s inventories are anticipated to be between 5% to 7% lower than the September 2023 figure of S$358.6m. The stock take is still on-going.  AEM has attributed 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. AEM anticipates that the shortfall will have a negative impact on the Group&rsquo s profitability for FY23F. What we think? Assuming a 7% lower inventory level, a downward S$25.1m adjustment could possibly be made to FY23F net profit, turning our headline S$8.6m net profit expectation for FY23F into a possible S$16.5m loss instead. What to do? Short-term (1H24F) Share price impact will be negative when market opens on Monday. We see possibly -12% downside to the technical support at S$3.00. Long-term (FY25F) Long-term recommendation based on FY25F outlook remains an Add assuming that orders from key customer returns and AEM is able to convert engagements with other customers that it is developing into positive net profit.
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msksmsks Supreme	15-Jan-2024 10:50        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ought to be careful. Mgmt already hinted that their FY23 result maybe affected...
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Alignment Elite	15-Jan-2024 10:49        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Mickey mouse stuff. Temasek has not had much luck with its investments lately, given FTX etc.
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spore1 Supreme	15-Jan-2024 10:46        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think $3.00 soon! MambaFinancial89      ( Date: 15-Jan-2024 10:42) Posted: CGSCIMB: AEM (Add, TP S$3.76) - What happened?  What happened? AEM just announced that a shortfall in the Group&rsquo s inventories has been uncovered as a result of its year-end 2023 internal stock-taking exercise.  Preliminary estimate suggests that the Group&rsquo s inventories are anticipated to be between 5% to 7% lower than the September 2023 figure of S$358.6m. The stock take is still on-going.  AEM has attributed 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. AEM anticipates that the shortfall will have a negative impact on the Group&rsquo s profitability for FY23F. What we think? Assuming a 7% lower inventory level, a downward S$25.1m adjustment could possibly be made to FY23F net profit, turning our headline S$8.6m net profit expectation for FY23F into a possible S$16.5m loss instead. What to do? Short-term (1H24F) Share price impact will be negative when market opens on Monday. We see possibly -12% downside to the technical support at S$3.00. Long-term (FY25F) Long-term recommendation based on FY25F outlook remains an Add assuming that orders from key customer returns and AEM is able to convert engagements with other customers that it is developing into positive net profit.
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MambaFinancial89 Veteran	15-Jan-2024 10:42        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	CGSCIMB: AEM (Add, TP S$3.76) - What happened?  What happened? AEM just announced that a shortfall in the Group&rsquo s inventories has been uncovered as a result of its year-end 2023 internal stock-taking exercise.  Preliminary estimate suggests that the Group&rsquo s inventories are anticipated to be between 5% to 7% lower than the September 2023 figure of S$358.6m. The stock take is still on-going.  AEM has attributed 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. AEM anticipates that the shortfall will have a negative impact on the Group&rsquo s profitability for FY23F. What we think? Assuming a 7% lower inventory level, a downward S$25.1m adjustment could possibly be made to FY23F net profit, turning our headline S$8.6m net profit expectation for FY23F into a possible S$16.5m loss instead. What to do? Short-term (1H24F) Share price impact will be negative when market opens on Monday. We see possibly -12% downside to the technical support at S$3.00. Long-term (FY25F) Long-term recommendation based on FY25F outlook remains an Add assuming that orders from key customer returns and AEM is able to convert engagements with other customers that it is developing into positive net profit.
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tongphlp Supreme	15-Jan-2024 10:38        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	what next? nothing new...projected sales n revenue also not on target during reporting and it took a massive dive remember? someone ought to be shot.. uiop1223      ( Date: 14-Jan-2024 20:48) Posted: Inventory overstated 😂
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tongphlp Supreme	15-Jan-2024 10:35        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	fly by night company?  massive selling tbc after lunch...run hokpin      ( Date: 15-Jan-2024 09:05) Posted: Inventory overstated. A listed company like this also can?
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tongphlp Supreme	15-Jan-2024 09:34        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	CPIB case soon? Mati... hokpin      ( Date: 15-Jan-2024 09:05) Posted: Inventory overstated. A listed company like this also can?
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tongphlp Supreme	15-Jan-2024 09:29        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	numbers can be fake.... worst 2 come.. penny stock in the making..   WBdisciple      ( Date: 15-Jan-2024 09:08) Posted: wonder why suddently do stock take if not required..whistle blower?
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tongphlp Supreme	15-Jan-2024 09:27        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	FIRE the CEO!!!! How would he not know? ABSURD! WBdisciple      ( Date: 15-Jan-2024 09:08) Posted: wonder why suddently do stock take if not required..whistle blower?
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WBdisciple Elite	15-Jan-2024 09:08        WBdisciple About Contact  Quote this Post!
x 0   x 0  Alert Admin	wonder why suddently do stock take if not required..whistle blower?
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hokpin Supreme	15-Jan-2024 09:05        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Inventory overstated. A listed company like this also can?
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TraderBen Supreme	15-Jan-2024 08:52        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	becasue shorts not heavily regulated like the other markets. so shortitst flocked here TingHai88      ( Date: 04-Jan-2024 19:46) Posted: This is sick SG leh, ppl up they down, ppl down they down even more.. wehuattogether88      ( Date: 04-Jan-2024 16:18) Posted: Nasdaq might rebound and chiong tonight, be prepared when tech stocks in Sg start to chiong again. Always DYODD.
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uiop1223 Supreme	14-Jan-2024 20:48        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Inventory overstated 😂
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sweet639 Veteran	05-Jan-2024 08:25        sweet639 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do not  blame SG STI, our market is too small TingHai88      ( Date: 04-Jan-2024 19:46) Posted: This is sick SG leh, ppl up they down, ppl down they down even more.. wehuattogether88      ( Date: 04-Jan-2024 16:18) Posted: Nasdaq might rebound and chiong tonight, be prepared when tech stocks in Sg start to chiong again. Always DYODD.
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TingHai88 Member	04-Jan-2024 19:46        TingHai88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is sick SG leh, ppl up they down, ppl down they down even more.. wehuattogether88      ( Date: 04-Jan-2024 16:18) Posted: Nasdaq might rebound and chiong tonight, be prepared when tech stocks in Sg start to chiong again. Always DYODD.
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