With the company keeping having share buybacks and its solid
orders on hand, the only thing that is holding its share price from not meeting
its intrinsic value is time.
But I would like to estimate the time AEM will reach my target price of $4.09 (corresponding to p/e of 8x) from the attached self-explanatory chart. AEM investors including myself should have a big angpao about two weeks before the coming Chinese New Year.
AEM
daily chart at the close of market on 28 Dec 2017
Superphang
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