To The Moon

$AEM SGD(AWX.SI)$ has closed 1.70% higher on 19 Oct 2023 (Thursday) trading close. There is potential in this stock as Intel, a key customer of AEM has announced further expansion plans in 2023 that suggest there will be increased demand for AEM's services. The actual return of client demand should be seen in 2024-2025. There will be a new semiconductor assembly-and-testing facility in Poland to meet the demand Intel is expecting to emerge by 2027. Intel's multi-phase expansion project in Malaysia consists of several facilities and is likely to start production in early 2024, for which Intel could place orders. These should bring demand for the testing services from AEM in due course. In this article, I will be showing how AEM is showing potenti

Public Holidays There are no public holidays in the coming week for Hong Kong, China, the USA & Singapore. Economic Calendar (16Oct2023) Economic Calendar for the week of 16 Oct 2023 Notable Highlights Retail Sales. Core retail sales & retail sales data will be released. This will be a good reference on domestic consumption in the USA. China’s GDP will be released. This can be a good indication for global consumption. Building Permits and Existing Home Sales will be released in the coming week. These will be a good reference for the real estate in the USA. There were concerns that a real estate bubble. The data will help to give better insights for this sector. Philadelphia Fed Manufacturing Index will allow us some insights on the manufacturing sector in the USA. Jobless claims. I