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AEI Corp
20-02-2013, 11:40 PM.
Post: #11
RE: AEI CORP
[/quote]
Net Profit: 13
Negative Goodwill: -
Impairment: 3,235
Profit (before adjustment): 3,248

FY12
Net Profit: 4,677
Negative Goodwill: 3,571
Write-back: (734)
Profit (before adjustment): 372

Difference: 3,248 - 372 = 2,876 or approximately 89% decline
[/quote]

Thank you. I missed out the fy11 impairment.
I think aei is going to have some hard time going forward as aluminum price getting higher and other business investments are not doing well.
But they have lot of cash and 1 cent dividend are good to consider.

Not vested

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21-02-2013, 09:34 AM.
Post: #12
RE: AEI CORP
Yes they still have a lot of cash angpow lai leow, if you bought it at 10cts or 11cts you are up 40%-50% today and now with a 1 cts dividend that's a 10% yield return. Big Grin

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08-04-2013, 12:20 PM.
Post: #13
RE: AEI CORP
at 0.145 today, is it still a steal ?

anyone can share with the forthcoming projects awarded by the government, would it help to propel this hidden gem further ?

thanks

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08-04-2013, 02:40 PM. (This post was last modified: 08-04-2013, 02:41 PM by sgd.)
Post: #14
RE: AEI CORP
(08-04-2013, 12:20 PM)byfaith Wrote: at 0.145 today, is it still a steal ?

anyone can share with the forthcoming projects awarded by the government, would it help to propel this hidden gem further ?

thanks

Well a steal is when you were able to buy in @ 10 cts or 11 cts meaning a yield of 9-10%

current yield has come down some because share price has gone up but 6.8% is still a pretty good yield don't you think. Big Grin

If you are investing for capital gains then you should be mindful that month of may is usually a sell off month but it may or may not translate that you could buy in at lower price this counter is quite tightly held due to the good dividend potential.

Project wise the company does fabrication works for SMRT and if you have been reading all the drama and news in past months down the road SMRT is looking into upgrades and to build more stations. Build more stations means possible more aluminium works business for AEI corp.

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08-04-2014, 11:21 PM. (This post was last modified: 08-04-2014, 11:22 PM by Dividend Hermit.)
Post: #15
RE: AEI Corp
(08-04-2013, 02:40 PM)sgd Wrote:
(08-04-2013, 12:20 PM)byfaith Wrote: at 0.145 today, is it still a steal ?

anyone can share with the forthcoming projects awarded by the government, would it help to propel this hidden gem further ?

thanks

Well a steal is when you were able to buy in @ 10 cts or 11 cts meaning a yield of 9-10%

current yield has come down some because share price has gone up but 6.8% is still a pretty good yield don't you think. Big Grin

If you are investing for capital gains then you should be mindful that month of may is usually a sell off month but it may or may not translate that you could buy in at lower price this counter is quite tightly held due to the good dividend potential.

Project wise the company does fabrication works for SMRT and if you have been reading all the drama and news in past months down the road SMRT is looking into upgrades and to build more stations. Build more stations means possible more aluminium works business for AEI corp.

0.5c dividend was announced this year. This translates to 3.85% yield.
If you are an existing shareholder, would you continue to hold or lock profits?
I am initially attracted to the stock because of good dividends and nice balance sheet.
But they don't seem to be able to improve their business. So I have yet to be vested till now.

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08-04-2014, 11:52 PM.
Post: #16
RE: AEI Corp
their business is more organic and local, I see a lot of business from miw go to them there's still a lot new stations being built that will come on stream in the coming years .

may they had a not so good year but for me is still good deal.

You decide whether you should keep or sell

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12-08-2014, 04:17 PM.
Post: #17
RE: AEI Corp
23% jump today after announcing a huge loss. Should wait to see if they are queried by SGX.
Disclaimer :-

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures

http://sgx-stocks-sti.blogspot.com/
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12-08-2014, 11:41 PM.
Post: #18
RE: AEI Corp
(12-08-2014, 04:17 PM)Shrivathsa Wrote: 23% jump today after announcing a huge loss. Should wait to see if they are queried by SGX.

Look at the volume. This is a one lot trade.
SGX won't want to waste time on this non significant trade!

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13-08-2014, 02:07 PM.
Post: #19
RE: AEI Corp
Ah, sorry, did not see the volume, just saw it on the top % gainers
Disclaimer :-

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures

http://sgx-stocks-sti.blogspot.com/
Website Find Reply
27-01-2017, 07:45 PM.
Post: #20
RE: AEI Corp
quiet here..... with 17m in net cash vs 15m market cap and a valuation of 33% tbv and 63% ncav this company looks cheap

however, when looking at business activities, this starts to smell like a value trap....... anybody looking at this company?

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