Sporeshare
05-13

$AEM SGD(AWX.SI)$  

https://sporeshare.blogspot.com/2024/05/aem-wah-share-price-keep-falling-after.html

 AEM - Wah, share price keep falling after the 1st quarter results update announcement, doesnt look good! Likely to test 1.80 than 1.70! Pls dyodd.

Breaking down of 1.70 she may go further down to test 1.49.

Not a call to buy or sell!

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. 

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Comments

  • AlvaThompson
    05-13
    AlvaThompson
    Gross Revenue and Profit before Tax are down significantly.
    • Sporeshare: 
      exactly! ppl are placing their hope on the 2 new contracts secured
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