Shares & Derivatives
[Paywall] AEM share price (SGX: AWX) in whirlwind!
By SG Wealth Builder  •  May 9, 2022
On 5th of May 2022, Dow Jones crashed 1063 points amid concerns of recession and surging global inflations. The following day, the Straits Times Index (STI) suffered a rout. In the sea of red, the bullish form of AEM share price stood out. At one point, AEM share price surged 2.5%, making it the top gainer in SGX. However, by the end of the trading day, the counter surrendered all the gains and fizzled out. The volatile form of AEM share price came on the back on a solid first quarter financial updater for FY2022, which saw the semiconductor test equipment manufacturer posting its highest quarterly revenue and profit before tax in its history. Net profit rocketed more than three-fold to smash a high of $40.8 million while revenue hit $262 million. Previously, I wrote that AEM may become a $1 billion revenue company. On the basis of the quarterly performance, that day will come sooner than I expect....
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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