Silverlake Axis

Broker's Calls

Silverlake Axis boasts robust pipeline

Silverlake Axis 1QFY2024 earnings of RM48.9 million ($14.4 million) are its highest when compared to the three previous quarters.

Results

Silverlake Axis earnings down 15% y-o-y in 1QFY2024; recurring revenue stays strong

The y-o-y earnings drop was due to a large software licensing contract recognised in 1QFY2023.
Sing Investments tops sector; Silverlake Axis maintains regional growth mettle - THE EDGE SINGAPORE

Billion Dollar Club 2023

Sing Investments tops sector; Silverlake Axis maintains regional growth mettle

Sing Investments & Finance has built up a loan book of more than $2 billion

Deals, joint ventures & alliances

Silverlake Axis launches in Vietnam with first official distributor partnership

KMS will primarily focus on the distribution of two key offerings, Mobius and Symmetri.

Broker's Calls

Analysts trim Silverlake Axis's target prices, remains upbeat on steady project pipeline

The company is confident it will win RM220 million in new projects soon

Broker's Calls

DBS maintains 'buy' on Silverlake Axis as order backlog remains strong

Analyst Ling Lee Keng has lowered her TP slightly to 42 cents from 45 cents as order win momentum could be slower in the near term

New appointments

Silverlake Axis plans expansion in EMEA, appoints regional MD

The appointment signals SAL’s strong growth plans in the EMEA region.
DBS keeps 'buy' call and 48 cents target price in Silverlake Axis - THE EDGE SINGAPORE

Broker's Calls

DBS, CGS-CIMB keep respective 'buy' calls on Silverlake Axis

DBS estimates the company to have RM1.8 billion worth of deals in the pipeline.
Silverlake Axis 1HFY2023 earnings up 5% - THE EDGE SINGAPORE

Results

Silverlake Axis 1HFY2023 earnings up 5%

The company's proportion of recurring revenue has reached more than 70%
CGS-CIMB bumps up target price on Silverlake Axis to 44 cents, PhillipCap leaves TP unchanged - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB bumps up target price on Silverlake Axis to 44 cents, PhillipCap leaves TP unchanged

Silverlake could have brighter prospects as banks increase their IT spend.
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