AEM Holdings
AEM Holdings > Add
CGS-CIMB, April 5
April 6 close: S$6.03
Target price: S$8.19
AS AT April 1, 2018, AEM said its sales orders received for delivery in FY18 increased to S$192 million. This represents a rise of 67 per cent over the last sales order update of S$115 million on Feb 1, 2018, and a 30 per cent increase over the sales order of S$148 million received on Apr 1 2017 for delivery in FY17.
During a conference call for clients, investors were able to get greater clarity on: a) AEM's earnings guidance; b) AEM's own guesstimate that its test handlers (TH) are not widely used in its major customer's PC related business yet; c) AEM's ability to offer a dumbed-down version of its TH to other customers; and d) AEM's belief that there is a chance its major customer could start to replace some of its legacy TH in FY18.
Educator Index
