Analysts from UOB Kay Hian and Maybank Kim Eng have both lowered their target prices on Aztech Global, but have maintained their “buy” calls despite the company missing expectations for its 3QFY2021 results. UOB KH’s John Cheong and Clement Ho adjusted their target price from $1.86 to $1.70, w...

Maybank Kim Eng’s Lai Gene Lih still remains optimistic on Singapore’s semiconductor industry despite the recent dip in share prices, giving buy ratings to all three stocks under its coverage, namely AEM Holdings, UMS Holdings, and Frencken Group. Lai’s target prices for AEM, UMS and Frencken ...

Kopernik Global Investors, a Florida-based investment adviser, is now a substantial shareholder of Yoma Strategic Holdings. According to an Oct 1 filing, Kopernik acquired 850,000 shares for 12.7 cents or some $107,950 in total. The purchase brings Kopernik’s interest in Yoma from just over 111.3 ...

Maybank Kim Eng analyst Thilan Wickramasinghe believes that new measures to support the domestic economy market could potentially catalyse a “longer-term reshaping” of the Singapore Exchange’s (SGX) listing mix. In a Sept 16 research note, Wickramasinghe says the move could see a shift away ...

One of the hottest stocks in recent years, AEM Holdings has made a rare clean sweep of all four awards up for grabs in the technology equipment; telecommunication services industry sector. It won for best returns to shareholders, fastest growth earnings, best weighted ROE, and naturally, it has been...

Just last week, The Edge Singapore celebrated our 1,000th issue, marking nearly 20 years of diligent coverage of the Singapore market and business scene. As we dug through our own archives to put together the commemorative issue, we are reminded that when companies stumble, we don’t shy away tryin...

Maybank Kim Eng analysts Thilan Wickramasinghe and Gene Lih Lai are convinced that a new phase is about to unfold for the Straits Times Index (STI). In a Sept 7 research note, the analysts note that earnings momentum is losing some steam, with half of Maybank Kim Eng’s coverage sectors witnessing ...

CGS-CIMB Research analyst William Tng still remains optimistic on companies in the semiconductor industry, giving “add” calls to all the companies under its coverage. In a sector report, Tng noted that the Semiconductor Industry Association (SIA) announced that global semiconductor industry sale...

AEM Holdings went from subpar to stellar in less than a decade. In 2011, it was struggling to get out of the SGX Watchlist; in Au­gust 2021, the test and handling provider for the semiconductor industry is poised to welcome Temasek Holdings as its largest shareholder following a $103.1 mil­lion pl...

CGS-CIMB Research has kept “add” on AEM Holdings with a higher target price of $4.78 from $4.61 previously. The positive outlook is due to AEM’s success in diversifying its customer base. On Aug 31, AEM announced that it had been selected to be the system level test (SLT) solution supplier for...