Reply to @Fcwong : Yes, with more shares the price would be less volatile. Hopefully with the increased liquidity, the institutional buyers would be interested. That's the reason for the huge Bonus Issue.
I think that the same rate of orders should sustain until September (end of 3rd quarter). This is because AEM has stated that they expect 2Q and 3Q to be seasonally higher quarters. The one thing I am concerned about is whether there will be a drop off in sales orders for the final December 4th quarter. If this does indeed happen, then will the expected increase in consumables orders be enough to offset that?
Reply to @hangarnett : Yes, I think Q2 and Q3 revenue will be higher. The risk is that Q4 revenue will drop off after that. I think that management is aware of this risk - that's why they're keeping their $255 million revenue and $42 million PBT guidance unchanged for now. This could represent an absolute worst case scenario whereby there is a steep decline in sales orders after 3Q.
did you added? i am thinking to average down. my price is $6..
Reply to @Fcwong : Yes, with more shares the price would be less volatile. Hopefully with the increased liquidity, the institutional buyers would be interested. That's the reason for the huge Bonus Issue.
I think that the same rate of orders should sustain until September (end of 3rd quarter). This is because AEM has stated that they expect 2Q and 3Q to be seasonally higher quarters. The one thing I am concerned about is whether there will be a drop off in sales orders for the final December 4th quarter. If this does indeed happen, then will the expected increase in consumables orders be enough to offset that?
Reply to @hangarnett : Yes, I think Q2 and Q3 revenue will be higher. The risk is that Q4 revenue will drop off after that. I think that management is aware of this risk - that's why they're keeping their $255 million revenue and $42 million PBT guidance unchanged for now. This could represent an absolute worst case scenario whereby there is a steep decline in sales orders after 3Q.
Thank you very much for your info and inference from the info. Nice work !