Which means to says for every 1000 share you owned holding till XB, you will get additional 3000 share. Total 4000 share. The extra 3000 share will be credited to your CDP ON 4 June.
So, please take note of this important date .Don't trade with the wrong quantity..
17 May 2018 - Tomorrow is the last day to secure the Dividend of 6.5 cents + Bonus Share of 3:1( meaning for every 1 share you have, you will be alloted 3 extra share . So , if you have 500 share, it will become 2000 share once the XB date of 18 May and the extra bonus share being credited to your CDP account on 4 June.
With Dow turning positive + 35 points now ,will this counter make the final leap to re- capture the recent high of 6.37 .
Perhaps it may make the final attempt to cross the hurdle at 6.40 level.
Not a call to buy or sell.
Please do your own due diligence.
I think Dir bought back 25,000 share recently on 11 May @ $5.64 per share .
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3MonthsSecurity&F=CJ5FE7YAROVWB19E&H=1a60e5675c811ccda0d90c61c313e77a8ba592eed280f5b654594f22047c32a9
AEM’s 1Q2018 net profit doubles to S$8.2 million year-onyear on strong sales and higher profit margins
1Q2018 revenue increases 55.9% to S$65.7 million on growing sales orders for its test handlers and pans/kits from its major customer
Net profit margin improved from 9.8% in 1Q2017 to 12.5% in 1Q2018 on cost reduction initiatives and cost efficiency
Reiterate guidance for FY2018 of at least S$255 million sales and S$42 million profit before tax
Singapore, 24 April 2018 – AEM Holdings Ltd (“AEM” or “the Group”), a global provider of equipment systems solutions and manufacturing services, reported an increase of 98.6% year-on-year (“YOY”) to S$8.2 million in its net profit for its first quarter year ended 31 March 2018 on higher revenue and better margins.
We expect orders for our test handlers from our major customer to remain positive and our business to continue to be cash-generative as per our guidance for FY 2018.
As AEM’s handlers get installed and become a larger proportion of our customer’s fleet, we do expect seasonality to enter our business with Q2 and Q3 representing typical peaks quarters. The initial ramp phase will transition to a more operational replacement phase of our customer’s older fleet over many years.
We do also expect the sustaining elements of our business, field services and consumables, to start to grow in late FY 2018.” On the Group’s growth plans, Mr. Loke elaborated, “We have added significantly to our engineering talent pool over the last 12 months. They are busy with enhancement and sustaining projects with our key customer, as well as working on new projects brought in through our recent acquisitions.
On our acquisitions, we are in the process of integration and the various teams are already working on collaborative projects and joint marketing efforts.
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