AEM: Fantastic 1H22 result in spite of Intel!

MoonMoon
2022-08-12

$AEM HOLDINGS LTD(AWX.SI)$reported a fantastic 1H22 result, highest record first half revenue and PBT in its history!

Revenue increased 181% you to 40.5mil, while EPS jumped to 26.78 cents, growing by 152%. This is a major earnings surprise because the 1H22 revenue already exceeded 68% of the upper range of AEM FY22 revenue guidance in 1Q.

AEM achieved a lot of milestone this quarter, including 2 customer win and new acquisition in Nestek Korea. AEM revised its full year revenue guidance higher as well.

Personally, I was very surprised as Intel, major customer of AEM, reported a lousy set of results with multiple delays in its sapphire rapid server CPU. System level testing is increasingly required for high end chips and the larger testing players in the world lag behind AEM in this regard. With ever increasing clientele base and Intel's capex plan,Iam very bullish for AEM future. Share price will re-rate next week, but it's not too late to catch thisboat! 

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Comments

  • PandoraHaggai
    2022-08-15
    PandoraHaggai
    Be careful, AEM is not a good value at the current price.
  • StarGate
    2022-08-15
    StarGate
    go go go
  • HilaryWilde
    2022-08-15
    HilaryWilde
    Do you have a target price for AEM?
  • DonnaMay
    2022-08-15
    DonnaMay
    It looks like AEM is going to do well.
  • EvanHolt
    2022-08-15
    EvanHolt
    Its latest earnings are really good.
  • BellaFaraday
    2022-08-15
    BellaFaraday
    I'm pleased with AEM's financials.
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