Shares & Derivatives
AEM Enters Bear Market Despite Analysts’ Positive Calls. What Gives? (20 Feb 22)
By InvestingNote  •  February 21, 2022
Dear all AEM has fallen 21% from an intraday high of $5.37 on 14 Dec 2021 to close $4.25 on 18 Feb 2022. What has happened in the last two months to warrant such falls? Based on Bloomberg, average analyst target price is around $6.72, representing a potential capital upside of around 58%. This post was originally posted here. Ernest Lim provide readers with in-depth insights into SGX listed companies. His writings have been featured in various mainstream & online media. Holding both a CFA® charter and CA Singapore designation, Ernest is an avid investor, trader & remisier, having over 500 followers in InvestingNote. Is this the bottom for AEM, or will it fall further? Personally, I think AEM is worth a closer look at $4.20 – 4.30 region. Let’s take a look at its investment merits and risks. First things first, what does AEM do? According to its company description in its 3QFY21 press release, AEM is a global...
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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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