AEM

Update 18 May :AEM XB today and the price has been adjusted for 3:1 including the Bonus share of 3.

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.