$AEM(AWX.SI)

&zwnj https://sgwealthbuilder.com/2026/05/19/aem-share-price-fulfilled-its-d...

&zwnj AEM shares price is starting to show sign of correcting. Could it be the work of shortsellers or big boys cashing out? I have sold at $10 before. So the opportunities are there to buy on the dip. Question now is how low can it go?

&zwnj AEM shares have retraced lately from their record high of $10.60 to sit around $8.80. Although I exited this counter at $10.30, I do not think the share price has peaked yet. I am still of the view that the stock is worth at least $10. This was my view back in 2020 and 2023, and it remains unchanged.

&zwnj In fact, the hypersonic form of AEM&rsquo s share price led to a slew of analysts scrambling to upgrade their target prices, with CGS International setting an astonishing $10.15 target and DBS setting a target of $11.80.

&zwnj My view is that AEM&rsquo s share price should return to its blistering form in June before the release of its 1HFY2026 results. That will be a baptism of fire for AEM, as the revenue ramps from its two AI/HPC customers will finally be unveiled. For 1QFY2026, revenue increased 35.8% year-on-year to hit $116.9 million, while net profit skyrocketed 329% to smash past $14.3 million. Traditionally, the first quarter is the slowest for AEM. Therefore, I expect the subsequent quarters to be spectacular in terms of both revenue and net profit.

 

 

 

AEM Holdings, Top Glove Corp, UI Boustead REIT and PC Partner Group have been included in the iEdge Singapore Next 50 Indices, following the latest quarterly balancing review.

These four companies displaced the following four companies: Singapore Post, Digital Core REIT, Wee Hur Holdings and China Sunsine Chemical Holdings.

The same changes were made to both variants of the iEdge Singapore Next 50, introduced by the Singapore Exchange to lift interest in companies outside the 30 Straits Times Index component stocks.

 

The two variants are: iEdge Singapore Next 50 Index and the iEdge Singapore Next 50 Liquidity Weighted Index.

The changes will take effect on June 22. The next review will take place in September.

SGX says that technology is becoming structurally significant within the index.

The share buy‑ back program is part of Venture Corporation&rsquo s ongoing capital management strategy and is being conducted in compliance with the Singapore Exchange Listing Rules.

 

Singapore Exchange Regulation (SGX RegCo) will implement a new set of listing rules for the Global Listing Board (GLB), facilitating cross-border capital raising for companies and access to a wider range of listings for investors.

Broadly, the new listing rules:
(i)        Harmonise listing timelines and submission processes with those of Nasdaq
(ii)        Set minimum fundraising and market capitalisation admission requirements
(iii)        Facilitate retail participation by requiring a minimum share allocation to be made available through retail brokers and
(iv)        Require material disclosures in the U.S. to be released on SGXNet in a timely manner.

Subject to amendments to the Securities and Futures Act, as well as the issuance of the related regulations, the rules are expected to be effective in the middle of the year.

&ldquo The GLB was conceived in response to market feedback that companies &ndash especially growth-oriented companies with an Asian nexus &ndash want to tap the large, liquid pools of capital in the US while still being easily accessible to retail and institutional investors in their home markets. Retail and institutional investors based in this region, meanwhile, have a keen interest in homegrown names and would like to invest and trade these counters here,&rdquo said Tan Boon Gin, CEO of SGX RegCo.

&ldquo Our listing rules have thus been calibrated to meet the needs of both investors and issuers. We have focused on simplifying the dual-listing process while ensuring sufficient allocation to the Singapore market.&rdquo

To facilitate a simultaneous listing, for example, SGX RegCo has aligned the GLB&rsquo s approval timeline with that of Nasdaq&rsquo s such that issuers are expected to receive the eligibility-to-list letter shortly after Nasdaq grants its approval. SGX RegCo has in place arrangements with Nasdaq to ensure smooth coordination and regulatory cooperation.

Meanwhile, to ensure listings are of sufficient scale to attract institutional interest and liquidity, GLB listings will have to achieve a minimum market capitalisation of S$2 billion at listing. At least 15% of the fundraising for the IPO or S$75 million, whichever is higher, must be raised in Singapore.

To facilitate retail participation, retail brokers are expected to be allocated at least 5% in value of the Singapore tranche or S$50 million, whichever is lower. Any shortfall in demand may be reallocated.

The introduction of the GLB follows a partnership, announced in November 2025, between SGX Group and Nasdaq to provide a direct and harmonised pathway for companies to simultaneously list in the US and Singapore.