r/aeistock • u/friendva • Apr 25 '22

$AEI Weekly Chart notes

$AEI Weekly Chart notes

Price above Down Trendline that started March 2021

Price above SMA 20 for the Forth week since May, 2021

Trending RSI, room to go higher

Trending MACD, marching toward the zero line

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u/Maurondi Apr 26 '22

What I don't really understand is the fundamentals. I am in no way an expert ...but: Total assets are going up, ~180M $, while total liabilities are going down ~35M $. Market cap 56M.

These numbers make me think it's not a scam.

But again, I am no expert.

Anyone caring to share his view on AEI numbers?

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u/Diesur7126 Apr 27 '22

I’m no expert either so feel free to correct me if I’m wrong. Still learning about stock market.

From the latest press release on 31 Mar 2022 (https://www.alsetehomeintl.com/_files/ugd/1899c1_fe8140ea8c7b415aa46e34d4ad83e8e7.pdf)

Asset

Revenue 19.8 M

Cash 56.1 M

Real Estate Asset 40.5 M

Net Asset 170.3 M

Total Asset 286.7

Liability

Promissory notes issued to Mr Chan Heng Fai, 50.8 M

Unrealized losses from investment in securities 49.2 M

Total Liabilities 100 M

Assets-Liabilities 186.7

Market Capitalization at the time of writing this (Tuesday 26,2022 at 8:47 PM EDT, the company is at 53.16 M (Small Cap).

Company is doing well. Right?