AEM holdings

More
5 years 9 months ago #24466 by Kapitan
Replied by Kapitan on topic AEM holdings
Short-sells down to just 81,000 shares yesterday.
Reference: www.sgx.com/wps/wcm/connect/sgx_en/home/...hortSell20180813.txt

My belief is AEM has bottomed at 65 cents or thereabouts. Shortists could be buying back to cover from here on. Let's see.

Please Log in or Create an account to join the conversation.

More
5 years 9 months ago #24476 by Val
Replied by Val on topic AEM holdings
What a recovery from 65 in just one week! From here, 86.5 cents, will it shoot up to $1.00, the price Loh bought at not too long ago? I think it's possible on a combo of short-covering and a better appreciation of the fundamental strength of AEM.

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago - 5 years 7 months ago #24518 by Val
Replied by Val on topic AEM holdings
Aberdeen Asset Management has a deemed interest in 14,002,700 shares of AEM,

After reaching a 5.20% stake in AEM, it is now a substantial shareholder!!!!

infopub.sgx.com/FileOpen/_AEM%20Holding_...cement&FileID=527944
Last edit: 5 years 7 months ago by Val.

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #24524 by Val
Replied by Val on topic AEM holdings
On 2 Oct, Aberdeen's stake jumped to 16,481,200 shares after it bought another 1,570,900 shares . Traded price SGD 1,241,011 == 79 cents on average.

I think that upside is there to $1.00. What d'ya think?

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #24529 by Val
Replied by Val on topic AEM holdings
Market is killing the CIMB idea that AEM is worth only 69 cents. Everything from daily market transactions to Aberdeen's purchases to company share buyback to new insider Loh Kin Wah's purchases (as high as $1.00) tell us that AEM stock is worth much more. So, let's see if CIMB will re-rate AEM after the 3Q results.

Please Log in or Create an account to join the conversation.

More
5 years 6 months ago #24552 by Big Fish
Replied by Big Fish on topic AEM holdings
CIMB upgraded the target price to 75 cents, which the market clearly disagrees with! The share is now 91 cents. The Huawei win shows that AEM is onto another world-class solution. I think AEM has signalled that it is engaging other big players and will know in due course if it can win yet another brand-name customer. AEM has gone beyond being an Intel supplier!!!!

Please Log in or Create an account to join the conversation.

Time to create page: 0.243 seconds
Powered by Kunena Forum
 

We have 1245 guests and no members online

rss_2 NextInsight - Latest News