Latest Forum Topics /
AEM SGD
Last:9.57
-0.33
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business turnaround ?
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tongphlp
Supreme |
29-Feb-2024 14:22
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prob the authorities think - just let it die?
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beng1102
Elite |
29-Feb-2024 14:15
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I wonder how much influence the sovereign wealth fund has on the choice of these top level management especially the CEO.
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Slowturtle
Senior |
29-Feb-2024 14:13
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Dropped 20%! Where is the stop switch trigger? WTH..... | ||||
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LoudShout
Master |
29-Feb-2024 14:10
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Co announced that CFO resigns.  CFO is responsible for the financial figures. Now, so far, still no accountability over the arbitration settlement over the purchase of Lattice? And who was responsible for the system migration and ensuring that the migration system had proper auto checking and reconciliaiton? For a co engaging in chip testing the above 2 errors just show how shoddy the co was. |
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tccroy
Elite |
29-Feb-2024 14:09
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What happen to the store manager who in charge of the inventory. Did he ensure stock in quantity ties with the vendor's invoices?
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guiren
Veteran |
29-Feb-2024 14:07
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Tamasek owns 12.5% of aem, at what ave price ? Sold ? Run road liao ??
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cmengchan
Senior |
29-Feb-2024 13:57
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I wonder if the resignation of the CFO is related to the Inventory Valuation mess.  The accountability of the inventory costs should be under Finance. Inventory value in the Balance Sheet usually sub categorized into Purchased, Work-In-Progress and Finished Goods.  So it is pretty embarassing that Finance is unaware of the huge discrepenancy, especially when there is an ERP system that usually tracks inventory movements and assosicated costs in real-time.  Moreover, the CFO is overall accountable for the reported Financial statements too.
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unclebond
Master |
29-Feb-2024 13:46
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Be cautious. May have another round of sell down when the European market opens around 3-4pm. Just my view | ||||
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tonytony
Veteran |
29-Feb-2024 13:45
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Now then they said CFO resigned . The CFO had disappeared weeks ago. | ||||
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beng1102
Elite |
29-Feb-2024 13:30
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New COE appointed 3 years ago is from ST Eng.  St Eng major shareholder is also  sovereign wealth fund, so I think likely that network and connection can help peole get the top jobs in SG.
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Sgvale
Supreme |
29-Feb-2024 13:24
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No dividend, CFO resigned, Management no bonus. | ||||
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tongphlp
Supreme |
29-Feb-2024 12:14
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or maybe reverse decision...GST to go up immediately to 20%! :)
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hokpin
Supreme |
29-Feb-2024 12:04
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Aggressively drop 20% in a day. CEO can go, please! | ||||
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leroy55
Veteran |
29-Feb-2024 11:59
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they have to cut loss . rember when sats , they have liquidate the shares when they announce the righs issue to buy carrier
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huattuatua
Elite |
29-Feb-2024 11:57
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Tamasek owns 12.5% of aem, around 36+ M shares today' s T losses is around 18M subsub water to them la, 1 coe exercise all recoup back, lol |
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guiren
Veteran |
29-Feb-2024 11:56
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Temasek need $$ badly ???
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Ryuuenji
Elite |
29-Feb-2024 11:51
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AEM will break $2 and go for $1.45. Beware of heavy margin call selling. | ||||
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desmondxyz
Veteran |
29-Feb-2024 11:45
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probably Temasek busy selling...
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chiachiawee
Elite |
29-Feb-2024 11:45
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Today is just the first drop, no hurry to in. There are still a lot of question to be answered. Management guide for limited earning visibility, this is always bad for a tech company where it couldn?t see what?s ahead. It will slowly drift back to its projected forward fair value, where to me is much lower than this level. We shall see. Cheers. | ||||
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tongphlp
Supreme |
29-Feb-2024 11:45
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i think there' s something fishy and not right....LOKE WAI SAN can keep radio silence till now....anyway, truth be unravelled and justice be done..
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