$AEM HOLDINGS LTD(AWX.SI)$ A safe stock to own and good chance to accumulate when price dip during market sell off:
Q1 2022 result is spectacular, 200% YOY increased for revenue, profit before tax and net profit. Strong 2022 revenue guidance of 700 to 750 million, this may be revised upward in the Q2 to Q4 results.
Temasek is aggressively buying the shares between March and April in the low $4 and $4.70 range, this will act as the price support area when price dip(also good chance to buy). Temasek currently holding about 12 % of the company shares and they may gradually increase it holding if they see value in the company, they will not be satisfied with just 12% holding as a sovereign wealth fund. It is very rare for Temasek to invest in a non government link listed company, AEM should be the second such company after OLAM GROUPS.
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