Shares & Derivatives
[Paywall] AEM share price in trouble!
By SG Wealth Builder  •  January 26, 2024
What an absolute disaster. Barely a month into 2024, AEM share price plunged by 19% following the shock announcement of a shortfall in inventories that would likely torpedo the Group’s profits for FY2023. The latest fiasco came barely 6 months after the outrageous revelation of the US$20 million arbitration settlement with Advantest. Needless to say, all hell broke loose for AEM share price. Question now is: how will AEM share price unravel in 2024? Given the meltdown in AEM share price, investors have every right to demand accountability from the management for this awful mess. In my opinion, the current CEO should take responsibility and offers to resign. Under his tenure, Lattice Innovation was acquired and had attracted the US$20 million settlement with Advantest, causing a crisis of confidence in AEM share price for the large part of 2023. And now, the company is struggling to cope with the fallout from the inventory shortfall. To...
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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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