STOCKS TELEGRAPH

Tag: AEI

  • Alset Inc. (AEI) Stock Falls Amid Growing Skepticism of CEO’s Direction

    Alset Inc. (AEI) is a small conglomerate with business segments running in a range of industrial sectors. As an established business, the company holds a proven track record and a stellar liquidity position. Despite this, the stock has been on a bearish tumble early this morning.

    Alset Falls Despite Insiders Loading Up on Stock

    After a relatively slow day on Friday, the stock for Alset Inc. (AEI) saw somewhat of a volume rush during the early hours on Monday, taking the stock down from its Friday closing price of $3.10 to a present price of $2. One interesting reality about AEI stock is the fact that the management owns more than half of its total outstanding shares. In fact, Chan Heng, who is now the CEO of the company has spent almost $8 million since last year, loading up on AEI shares. During this period, no insider has sold a single stock of Alset Inc.

    Questions Raised about AEI’s Upcoming Offering

    Despite insiders’ confidence in the prospects of Alset Inc., it is evident that the recent price fall suggests the market feels more pessimistic about the stock. News recently came that the company has been looking to turn towards a public offering, with the intention of raising proceeds for the purpose of working capital. Based on social media chatter, market participants have been raising several questions about the move, with many concerned about the lack of transparency with the decisions of Chan Heng. This is especially the case because the company’s liquidity position is already stellar with a quick ratio of 24.8.

    Conclusion

    AEI stock has been falling in the pre-market hours as market players continue to raise eyebrows toward the upcoming public offering. The need for this, with an already strong liquidity position, and the impacts of share dilution continuously seem to be coming forward.

  • After a Short Break AIset EHome International Inc. (AEI) Resumes its Bullish Course on 2021 Earnings

    On March 31, 2022, the diversified holding company, AIset EHome International Inc. (AEI) declared its fiscal 2021 financial results. Since then, the stock has largely been bullish with a small loss to profit booking taking place on Tuesday.

    Source: Ecovis

    In the late trading session on April 5, AEI resumed its bullish course to add a further 16.19% after losing a mere 1.61% in the earlier session. Thus, after going down to $0.5508 in regular trading, the stock once again surged up to reach a value of $0.6400 per share in the after hours.

    FY2021 Financials of AEI

    For the year ended December 31, 2021, the company reported nearly 22% YOY growth in its revenue to $19.7 million. The comparable figure of the previous year places revenue at $16.2 million.

    Increasing real estate assets by a humungous 97.6% to $40.5 million, the net assets marked a huge increase of 173.8%. Thus, the net assets accumulated to $170.3 million on December 31, 2021. Comparatively, the real estate assets were worth $20.5 million and net assets were $98.0 million in the previous year.

    Moreover, AEI increased its cash by over two folds to $56.1 million at the end of 2021, against $25.0 million at the end of 2020. Hence, the company delivered a strong financial position at the end of the year.

    How is Penny Stock Doing?

    Trading at less than $5 per share, Penny stocks often suffer extreme volatility alongside heavy trading. As frequent retail traders pump up cheap stocks for some profits, penny stocks usually are on a roller-coaster ride. Given the recent bullishness in the market, investors are expecting a bear turn soon. Thus, they are pushing penny stocks up to make some gains before the market takes a bear turn.

    As of recently, the penny stock AEI has also been on a bullish role although the bullishness is not merely investors doing for the sake of gains but the company’s latest earnings.

    What is AEI Doing?

    The company while having its hands in various sectors including property development, digital transformation tech, and health, has recently entered crypto mining as well. It was only in late March that AEI announced the launch of AIset Mining Inc. for the purpose. With crypto mining on the rise, AIset plans to make some nice gains while expanding its portfolio further.

    Conclusion

    While penny stocks move pretty haphazardly, AEI has been busy making some serious developments. With a strong financial position into 2022 and its new crypto business launch, the company’s future seems bright so far.

  • Launch of Alset Mining Inc.: AIset EHome International Inc. (AEI) on a Bullish Roll

    On March 22, AIset EHome International Inc. (AEI) announced the launch of its wholly-owned subsidiary AIset Mining Inc. for cryptocurrency mining. Consequently, AEI stock enjoyed a day full of gains with its bullish momentum extending to the after-hours as well.

    Source: Trend Micro

    During the regular trading session, the stock saw an upsurge of 12.71% after fluctuating between $0.5000 and $0.5515. AEI closed the session at a price of $0.5392 per share while 16.12 million shares exchanged hands. The volume of the shares traded remained above the average at 307%. Following this, the stock continued to rise in the after-hours as it added a further 11.09%. Hence, the stock was trading at a value of $0.5990 per share in the after-hours while the volume of shares exchanged was 1.19 million.

    The holding company, AIset EHome International Inc. is engaged in various businesses through its subsidiaries including property development, digital transformation technology, and biohealth. With the latest launch, the company has now entered the crypto mining business as well. Currently, the company has a market capitalization of $48.61 million with its 101.61 million outstanding shares. Standing at a year-to-date loss of 3.37%, AEI subtracted a huge 95.02% last year.

    AEI’s AIset Mining Inc. Launch

    As announced on Tuesday, AEI has now entered the crypto mining business with the launch of its new subsidiary Alset Mining Inc. Moreover, to be primarily engaged in investments in the crypto mining industry, Alset Mining will acquire mining rigs for creating consistent revenue flow. Given the huge costs and requirement of power sources for running mining rigs, AIset Mining will invest in sustainable sources of energy like wind, solar, or hydroelectricity. Therefore, this will not only cut down energy costs but also align its operations with the company’s sustainability efforts for healthy living.

    According to Co-CEO of AEI, Mr. Chan Tung Moe, this new business endeavor will prove pivotal for the company. With the bullish outlook of the global cryptocurrency mining market, the company plans to evolve along with the market for leveraging the opportunities it will provide.

    Recent Addition to the Team

    On February 17, the company announced the appointment of Anthony S. Chan as its Chief Operating Officer. With more than 32 years of experience in auditing, compliance, and risk management along with business advisory services, Mr. Chan is a certified public accountant.

  • Alset Ehome Intl. Inc. (AEI) Stock Plummets Following Public Offering News Despite Promising Partnership with Puradigm

    Alset Ehome Intl. Inc. (AEI) stock prices were down 11.43% as of the market closing on July 27th, 2021, bringing the price per share down to USD$3.41 at the end of the trading day. Subsequent premarket fluctuations saw the stock drop by 34.60%, bringing it down to USD$2.23.

    Partnership with Puradigm

    July 27th 2021 saw the company announced having entered into a Sales of Goods Agreement with Puradigm LLC, which will facilitate the securing of innovative and patented air and surface purification solutions. These solutions will be incorporated into AEI stock’s eco-friendly single-family home communities. The company’s products are set to be integrated into its pipeline of Alset EHomes to dramatically minimize the risk of pathogenic infections while ensuring improved standards of health and wellness.

    Purifier Technology

    Puradigm’s patented purification technology produces Non-Thermal Plasma (NTP) particles, which have been demonstrated to be effective against a myriad of pathogens, including Covid-19. With its aim of facilitating health and wellness around the world, the company manufactures proactive air and surface purification solutions. These safety and scalability of the solutions has been proven, with the solutions providing 24/7 protection for indoor environments of any kind.

    Scope of AEI Stock’s Collaboration

    The company’s innovative and patented purifier technologies are leaders in their marketspace, having been proven to be effective against a large collection of pathogens, including, but not limited to, Covid-19 and its variants, H1N1, E.coli, MRSA, Listeria, C. difficile, and staph. The company’s technology carves its own path from existing disinfection technologies that are currently available, such as chemical cleaning, UV light, and vaporized hydrogen peroxide. The patented purifier technology produces NTP particles in vast quantities, which serves to actively purify both air and surfaces in a safe and timely manner.

    Purifier Functionality

    The highly energized plasma molecules kill bacteria and viruses by piercing their cell walls, akin to the popping of a balloon by pricking it with something sharp. Perhaps most significant, AEI stock’s purifiers can be activated safely within people’s vicinity, with no downtime periods. There are also no harmful residues, room clearance protocols, manpower requirements or any other known adverse side effects.

    Future Outlook for AEI Stock

    Armed with the recent collaboration with Puradigm, AEI stock is poised to capitalize on the expanded scope of the commercialization of its products. The company is keen to spearhead a growing market to maximize market penetration, with investors hoping this translates into significant and sustained increases in shareholder value.

  • Why AIset (AEI) stock is plunging in the premarket trading session

    In the premarket trading session, Alset EHome International Inc.’s shares plunged by -10.86% at the time of writing. The trading price as of now is $4.35. The AEI stock previously closed the session at a loss of -2.79% at the price of $4.88. The volume traded 1.02 million shares. which is lower compared to the past 50 days’ average trade volume of 4.22 million. In the past week, AEI shares have dropped by -1.61%. In the past three and six months, the stock has shed -52.99%and -17.01% respectively. Furthermore, the company is currently valued in the market at $38.70 million and has 8.57 million outstanding shares.

    What you need to know about AIset EHome International Inc.

    AIset EHome Interntional Inc. is a real estate company that specifically focuses on property development. Despite primarily being; AEI has diversified its operations by engaging in transformation technology and health activities. The company’s operations are in the markets of the United States, Singapore, South Korea, Australia, and Hong Kong. 

    Not only does AEI stock engage in the land development, property construction, buying & renting, and management of real estate portfolio, but it also focuses on designing applications intended for enterprises messaging and e-commerce software platforms. set has uniquely positioned itself to actively involve in the BioHealth industry by researching innovative substitutes for natural foods and supplements through the use of nutritional chemistry knowledge. The company also creates therapeutics which slow the spread of disease, treat neurological and immune-related diseases.

    Formerly, the company was known as HF Enterprises Inc. until 2021 and the company was originated in 2018. The headquarter of the company exists in Bethesda, Maryland. AIset was previously a subsidiary company of Hancock Fabrics, Inc.

    AEI stock is seeding its AHR REIT by providing 20 single-family rental homes

    AIset Ehome International Inc. AEI Stock has a majority-owned company known as American Home REIT Inc. (AHR). American Home REIT has created a mission to scale real estate assets which particularly consists of a Class A portfolio of residential real estate properties. Aiset EHome International Inc.’s vision is to create an ecosystem of healthy living and sustainability. The company focuses on this vision to produce an outcome of maximizing long-term value and returns for its shareholders. 

    AEI Stock has recently announced that to further the mission it has created a target of increasing the number of SFR homes by more than 100 homes by the end of 2021. Currently, AIset Ehome has decided to initiate the seeding process of AHR by transferring a single-family rental homes portfolio consisting of 20 such homes occupied on long-term leases.

    Previously the company had announced that it will be strategically partnering with Tesla Inc. to install Tesla PV solar panels in the single-family residences of Northpark Community in Texas.

    The CEO of AIset International believes that AHR is an integral model in the entire ecosystem of the company’s operational portfolio. AHR will be targeting residential real estate assets that have a 5% capitalization rate on net operating income. These assets have an expected potential to pay quarterly dividends up to an 8% annualized yield.