LIFETIME MEMBERSHIP Will AEM share price hit high heavens with a Nasdaq listing? Speculative rumors of a potential listing in Nasdaq had been ongoing for two years. The market rumors went into an overdrive in July 2020 when SGX and Nasdaq entered into an agreement to help companies access capital markets funding in both jurisdictions. While the company has never announced that a listing in Nasdaq is on the cards, my vision is that a listing in Nasdaq should be the endgame for AEM share price.
In my memory, the last time that a home-grown company that got listed in Nasdaq was Creative Technologies. In 2007, Creative exited Nasdaq after winning a $100 million patent dispute against Apple. In my opinion, AEM must have learned the painful lessons from the Creative saga and pivoted its business on developing innovative solutions for its customers. This means that in order for AEM to become the defacto “King of Technology”, the company must continuously develop patents to protect its intellectual properties.
Indeed, Non-executive Chairman Loke Wai San is the right man for the right job at the right time. Being trained in engineering, Loke Wai San was the man who led AEM share price out of dark Egypt when the former management of AEM was embroiled in corruption scandal in 2012. Back then, AEM share price was on the brink of collapse and the company had been placed on the SGX Watch-List since 2010.
In those dark days, Loke Wai San had to make the difficult decision of selling off the struggling substrate business and to focus on the equipment business. Arising from these challenges, many investors had written off AEM share price. But Loke Wai San saw the potential …Read more