Reply to @ContrarianValuer : We're at the beginning of the market discovery stage; I believe as long as AEM continues to perform at least within expectations, more research houses will initiate coverage, and narrow AEM's valuation gap vs. peers. Right now, only CIMB is covering this company. Matter of time before MBKE, DBSV, UOBKH, OCBCS, etc begin initiating coverage. I still think there's much upside to warrant holding on, just my 2 cents :)
I am contemplating selling partially to cover purchase cost, and letting the rest run. Any thoughts guys?
Reply to @ContrarianValuer : We're at the beginning of the market discovery stage; I believe as long as AEM continues to perform at least within expectations, more research houses will initiate coverage, and narrow AEM's valuation gap vs. peers. Right now, only CIMB is covering this company. Matter of time before MBKE, DBSV, UOBKH, OCBCS, etc begin initiating coverage. I still think there's much upside to warrant holding on, just my 2 cents :)
The 1 for 2 bonus issue needs shareholder approval, likely during the AGM that usually be held in late Apr. X-Div on 18 May.
Reply to @sby125 : I agree, probably will hold an EGM right after AGM to proceed with the bonus issue.
Thanks for covering AEM again, Kenny!!! This run is better than my riverstone run back in 2014. One word for turnaround successes, "Wow!"
Reply to @ContrarianValuer : is not just wow.. is AMAZING!
From under water > 50% become gain > 100% now