Nothing to do with CEO, their business dropped coming quarter, possible in losses. Technology in down trends, a lot smaller companies in China stop purchase testers from aemulus, some already shipped but not yet received money. Really gai... Queue at 18sen
he Board of Directors of the Company is pleased to announce that Aemulus Corporation Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of the Company had secured new orders worth approximately RM37.9 million on 29 July 2022. The new secured orders are from existing customer based in Malaysia from the automotive industry for the test systems for automotive devices.
The revenue from the said new orders shall be recognised progressively upon delivery of the systems. 2. Secured orders period
(i) The secured orders are expected to be fulfilled from August 2022 until June 2026, and
(ii) The total estimated value of the secured orders is approximately RM37.9 million for the abovementioned duration.
The one who forecast the downward since 60 cents range...please read with chart. Posted by Michael Kwok > 2022-06-24 18:24 | Report Abuse
Sell on strength.61-63 cents.60 cents over 70 percent chance bad luck.especially with mid lower volume.possible dip below 45 cents(best case scenario).worst case will be 30 cents range.
A good boss must know how to think out of the box. If he don't know how to get more business, then merge with Chinese company line AMDTF, since now China want to acquire Technologies knowledge.
Order liao but China company no money to pay arh.. chips already halts by USA biden. China company no business, then bought tester for what. Display n siok siok arh. Then no money pay aemulus arh.. you want to do what, sue them arh... Share dropped la
cut loss dont hope for rebound, it will just keep going lower. The new direction of US ban and zero tolerance in covid at China will continue to weaken the OSAT business, next year could be even worse. Aemulus qtr result will be in red.
The Board of Directors of the Company is pleased to announce that Aemulus Corporation Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of the Company had secured new orders worth approximately RM37.9 million on 29 July 2022. The new secured orders are from existing customer based in Malaysia from the automotive industry for the test systems for automotive devices.
Wong also noted that the ringgit had weakened significantly against the greenback, which provides some buffer or downside support to tech companies’ earnings (who are mostly exporters).
He added that the supply chain reconfiguration as a result of the trade diversion due to the US-China trade war may be positive to selected Malaysian tech companies and boost their sales order volume.
Year-to-date, tech-related stocks on Bursa Malaysia such as Unisem, Malaysian Pacific Industries Bhd, Inari Amertron, Pentamaster Corp Bhd, MI Technovation Bhd and Aemulus Holdings Bhd have seen steep declines of 30% to 70%, while the technology index has dropped close to 40%.
Fund managers contacted by StarBiz opined that the sell-off in tech-related stocks on Bursa Malaysia this year may have been overdone and a rebound might be on the cards soon.
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MQ Trader 2909 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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Huat 888
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Posted by Huat 888 > 2022-10-01 14:44 | Report Abuse
time to collect