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investshare Supreme	26-Jan-2024 17:46        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is absolutely nonsense. Q1: say before the new system, inventory is $60m, after is $80m. Nobody question? Verify? Q2: which quarter exactly it happen? Did it mask off the losses? Quote . It was caused by human error in transactions with AEM&rsquo s enterprise resource planning system, the company said on Monday (Jan 22), adding that its Q4 2023 profit before tax would be adjuste
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Newlearner Veteran	26-Jan-2024 16:55        Newlearner About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.businesstimes.com.sg/companies-markets/aem-faces-weak-outlook-key-customer-intels-revenue-guidance Really... Suayness and not so good news comes one after another...
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tongphlp Supreme	26-Jan-2024 16:15        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Or 2 words = SUPER BAD management... SIAS should have this new award... always give to the BEST but what about the BAD.. FATABA      ( Date: 26-Jan-2024 15:46) Posted: Just one word BAD managememt .  aragosta      ( Date: 26-Jan-2024 12:09) Posted: --- Post Removed by User ---
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FATABA Supreme	26-Jan-2024 15:46        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Just one word BAD managememt .  aragosta      ( Date: 26-Jan-2024 12:09) Posted: --- Post Removed by User ---
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tongphlp Supreme	26-Jan-2024 14:18        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	most shareholders panicky + heavily shorted...will 2024 see the downfall of AEM?....it' s anybody' s guess tongphlp      ( Date: 19-Jan-2024 16:15) Posted: 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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tongphlp Supreme	26-Jan-2024 12:17        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	the sky is falling aragosta      ( Date: 26-Jan-2024 12:09) Posted: --- Post Removed by User ---
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LoudShout Master	26-Jan-2024 11:07        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	Co issued first warning on inventory shortfall on 14th Jan 2024 Co issued clarification on warning on inventory shortfall on 22nd Jan 2024 SIAS emailed questions to Co CEO on 23 Jan 2024. Waiting for the Co to respond and clarify. 2019 - SIAS Most transparent and Governance Co Award.
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tongphlp Supreme	26-Jan-2024 10:58        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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Alignment Elite	26-Jan-2024 10:28        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	That' s very possible, but it' s also possible things could get worse. The issue here is the uncertainty there' s a lot of it.
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trader1970 Elite	26-Jan-2024 10:23        trader1970 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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eddyeddy Master	26-Jan-2024 09:40        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Account could be doctored for years , not just got exposed.
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LoudShout Master	26-Jan-2024 09:37        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hello, collected SIAS - Most Transparent and Corporate Governance Award in 2019. Still unable to reply to SIAS questions in its email of 23 Jan 2024 to the CEO on the system of inernal controls of the Company?
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tongphlp Supreme	26-Jan-2024 09:28        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	dragons maybe...in time for the LNY... eddyeddy      ( Date: 26-Jan-2024 09:19) Posted: More worms to be exposed .
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eddyeddy Master	26-Jan-2024 09:19        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	More worms to be exposed .
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tongphlp Supreme	26-Jan-2024 09:11        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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tongphlp Supreme	25-Jan-2024 13:54        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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LoudShout Master	25-Jan-2024 13:04        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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tongphlp Supreme	25-Jan-2024 11:11        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	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: --- Post Removed by User ---
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Alignment Elite	25-Jan-2024 09:48        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	A shame for shareholders, employees and the Singaporean economy at least. Singapore really needs more winners.
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tongphlp Supreme	24-Jan-2024 17:26        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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