AEM - I think market is showing us the best situation facing this counter with the share price keep falling lower especially with the recent short fall of inventory and court case . Very weak and we may see further selling down pressure! Dont go against your friend! Dont trade because itchas fallen from 3+ to 2.20+. Lack of catalyst to see any further progress for the moment! Pls dyodd.

AEM - I think market is showing us the best situation facing this counter with the share price keep falling lower especially with the recent short fall of inventory and court case and FY results is substantially down from Met Profit to booked a Net Loss of 1.164m . Very weak and we may see further selling down pressure! Dont go against your friend! Dont trade because it has fallen off from 3+ to 2.20+. Lack of catalyst to see any further progress for the moment! Pls dyodd. 

Short term wise,  I think likely to go down to test 2.09 than 2.00. Breaking down of 2.00 she may likely slide down further towards 1.62 and below.

NAV is about 1.51.

No Final dividend declared. 

Pls dyodd. 

 . Earnings were dismay, with FY2023 net loss at $1.164m vs net profit of $127m year ago. FY2023 revenue fell 44.7% to S$481.3M and PBT excluding exceptional items was S$38.3m. The exceptional items mainly relate to the Group's decision to take up the full impact of the US$20m (S$26.7m) settlement of the confidential arbitration in FY2023.