<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 18): Aemulus Holdings Bhd shares rose 1.45% this morning after CIMB IB Research maintained its “Hold” rating on Aemulus Holdings Bhd at 60 sen with a higher target price of 69 sen (from 53 sen) and said the company’s 9MFY9/17 core net profit beat house/Bloomberg consensus estimates, at 85%/104% of FY17F forecasts, due to higher-than-expected tester volume shipment in 3QFY9/17.</p></div>

<div class=newsTextDataWrapInner><p>At 9.38am, Aemulus rose 1 sen to 70 sen with 7.77 million shares done.</p></div>

<div class=newsTextDataWrapInner><p>In a note Aug 17, the research house said Aemulus reported a core net profit of RM5.4 million in 9MFY9/17, compared to a RM500,000 core net loss in 9MFY9/16, due to higher RF and enterprise storage tester shipment volumes.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“We raise our FY17-19F EPS by 15-19% to reflect higher tester shipment volumes.</p></div>

<div class=newsTextDataWrapInner><p>“We expect stronger demand for RF tester in 4QFY17, driven by production ramp-up ahead of new flagship smartphone model launches and a new customer win in China.</p></div>

<div class=newsTextDataWrapInner><p>“Maintain Hold with a higher 69 sen target price. Switch to Unisem (M) Bhd for exposure to tech,” it said.</p></div>


KUALA LUMPUR (Aug 18): Aemulus Holdings Bhd shares rose 1.45% this morning after CIMB IB Research maintained its “Hold” rating on Aemulus Holdings Bhd at 60 sen with a higher target price of 69 sen (from 53 sen) and said the company’s 9MFY9/17 core net profit beat house/Bloomberg consensus estima...

Aemulus active, up 1.45% on target price upgrade 

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