Silverlake Axis

Analysts slightly pessimistic on Silverlake Axis after 2Q results come in below expectations  - THE EDGE SINGAPORE

Broker's Calls

Analysts slightly pessimistic on Silverlake Axis after 2Q results come in below expectations

Analysts from CGS-CIMB Group Research and KGI Securities have maintained their “add” and “neutral” calls on Silverlake Axis, but have lowered their target prices after its 2QFY2021 results came in

Silverlake Axis posts 8% lower EBITDA of RM66.9 mil; secures digital innovation enhancement contracts worth RM70 mil - THE EDGE SINGAPORE

Results

Silverlake Axis posts 8% lower EBITDA of RM66.9 mil; secures digital innovation enhancement contracts worth RM70 mil

Mainboard-listed Silverlake Axis has posted earnings before interest, taxes, depreciation, and amortization (EBITDA) of RM66.9 million ($21.8 million) for the 1QFY2021 ended Sept 30, some 8% lower

Broker's Calls

KGI initiates coverage on Silverlake Axis with 30 cents TP

SINGAPORE (July 9): KGI Securities is initiating coverage on Silverlake Axis with “outperform” and a target price of 30 cents.

Broker's Calls

Analysts see silver lining despite difficult 2HFY20 for Silverlake Axis

SINGAPORE (May 20): Despite forecasting a poor 2HFY20 on the back of a bearish Covid-19-hit economy, most analysts have maintained “hold” calls on Silverlake Axis on the back of attractive valuatio

Investing ideas

Silverlake Axis expected to ride rising fintech wave

SINGAPORE (Aug 26): Silverlake Axis recently secured eight upgrades and enhancement projects totalling about RM40 million ($13 million) from existing customers.

Billion Dollar Club 2019

Corporate leadership in a time of 'conscious capitalism'

The Edge Singapore’s Billion Dollar Club recognises leading performers among the largest local listed companies.

Contracts

Silverlake Axis announces 6 new contracts wins

SINGAPORE (July 10): Digital economy solutions and services provider Silverlake Axis announced Thursday it has secured a total of six new contracts.

Broker's Calls

Silverlake Axis on track for solid FY19, says RHB

SINGAPORE (June 20): RHB Research is keeping Silverlake Axis as its top pick in Singapore and in the technology sector, as the digital economy solutions and services provider stays on track to fini

Broker's Calls

Solid fundamentals, ample new order opportunities keep Silverlake at 'buy'

SINGAPORE (May 24): DBS Vickers Securities is maintaining “buy” on Silverlake Axis while raising its target price on the stock by 1 cent to $0.63, which is derived from the peer average of 21 times

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