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Saturday, July 14, 2018

AEM

Indeed AEM has managed to bounce-off from the low of 97 cents and stage a nice rebound to touch$1.10 on 13th July 2018 ,this is rather positive.

It has managed to reclaimed its 20 days moving at about $1.07, this is pretty encouraging/bullish!

Short term wise, likely to see it move up to re-attempt $1.17 level. Breaking out with ease + good volume that may propel to drive the price higher towards $1.42 with extension to $1.53.

Not a call to buy or sell.

Please do your own due diligence.


24th June 2018:
AEM has been driven into a super oversold territories. The share price after hitting all time high of $1.91, it has since corrected sharply and went down to touch the low of 97 cents .





Current share price of 98.5 cents is trading at a PE of less than 8x, looks rather undervalue.Trailing EPS of about 13 cents and cash-on-hands of about $42.8m ,Zero debts, net cash per share is about 16 cents .




Company is expected to make about $42.2m Gross profit for FY 2018.

Looks rather overly extended!
I think short term wise, we may likely see a rebound !




Not a call to buy or sell.

Please do your own due diligence.





AEM Holdings Ltd, an investment holding company, provides solutions in equipment systems; and precision components and related manufacturing services for various industries. It operates through Equipment Systems Solutions and Precision Component Solutions segments. The company provides high density modular test handlers, wafer handling systems, hot spot testers, and smartcard backend handlers for use in semiconductor, solar cell, and smartcard manufacturing facilities, as well as related tooling parts; and designs, develops, and manufactures precision engineering products, such as test sockets, device change kits, stiffeners, golden units, holding jigs, preventive maintenance kits, and precision mechanical assembly modules for use in the electronic, life science, instrumentation, and aerospace industries, as well as offers engineering services. It also engages in the research, development, and production of communications and industrial test solutions. The company offers its products through a network of sales offices, associates, and distributors in Asia, Europe, and the United States. AEM Holdings Ltd is headquartered in Singapore.

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