Sporeshare
05-09

$AEM SGD(AWX.SI)$  

 AEM - 1st quarter results update is out!Results seem lousy!Gross Revenue is down 38.3 percent to 94m versus 152m last year. PROFIT before Tax is down 85.8 percent to 2.7m versus 19m. Profit margin is down 7.7 percent to 2.5 % versus 10.2%.

The only consolation is Drbt/Equity ratio is of 0.3%.

Is not a net cash position as it's cash on hands is 91m versus financial liability of 123.9m.

Pls dyodd.

 https://sporeshare.blogspot.com/2024/05/aem-1st-quarter-results-update-is.html

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Comments

  • BK99
    05-09
    BK99
    Its expected ! By Dec after completion of delivery for all orders the share price will rise
    • Sporeshare: 
      oh really! so, I guess you load up some more share again
  • FooWeN
    05-09
    FooWeN
    ok got conned again
    • Sporeshare: 
      boosting their new contracts won. need to monitor closely
  • TomCap
    05-09
    TomCap
    🤞
    • Sporeshare: 
      closed 1.97. looks rather weak! it may continue to go lower
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