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SIlverlake Axis (SAL)
Results
Silverlake Axis reports 34% lower 2Q21 earnings of $11.3 mil due to lower project-related revenue segments
Earnings per share for the 2QFY2021 and 1HFY2021 stood at 1.29 sen and 2.51 sen per share respectively.
February 10, 2021
Broker's Calls
CGS-CIMB upgrades Silverlake Axis to 'add' on potential recovery in earnings for FY21
As at 12.50pm, shares in Silverlake Axis were trading 0.5 cent lower, or 1.6% down, at 30 cents.
August 27, 2020
Results
Silverlake Axis posts 12% drop in 4Q earnings to $19.4 mil on lower revenue
The numbers translate to earnings per share (EPS) of 2.25 sen and 7.04 sen for 4Q20 and FY20 respectively.
August 26, 2020
Silverlake Axis, Starburst insiders raise respective stakeholdings amid buybacks
On May 22, Kwong Yong Sin, former group managing director at Silverlake Axis, the provider of software for banks, bought 250,000 shares from the open market at an average price of 22.5 cents.
May 29, 2020
Services
SATS, whose 'digitalisation' is underway, grabs top spot; Silverlake Axis beats peers on ROE
SINGAPORE (Sept 16): SATS, which provides gateway services and catering to the aviation, hospitality, healthcare, freight and logistics, and government sectors, was the runner-up in the 2018 services sector of the Billion Dollar Club. It was edged out by
September 13, 2019
Results
Silverlake Axis posts 86% increase in 4Q earnings to $22.3 mil on higher sales, other income
SINGAPORE (Aug 23): Silverlake Axis reported 4Q19 earnings of RM67.5 million ($22.3 million), 86% higher versus RM36.2 million in 4Q18.
August 23, 2019
Broker's Calls
2019 outlook for small-mid caps to hinge on US-China trade talks: RHB
SINGAPORE (Jan 7): RHB Research is keeping its “neutral” call on the small-mid cap sector amid US-China trade tension that could continue to weigh on the market.
January 07, 2019
Broker's Calls
DBS re-initiates coverage on Silverlake Axis as it rides on fintech wave
SINGAPORE (Jan 4): DBS Group Research is re-initiating its coverage on Silverlake Axis with a “buy” call and a target price of 60 cents.
January 04, 2019
Broker's Calls
Silverlake Axis kept at 'add' by CGS-CIMB on regional digital banking growth
SINGAPORE (Nov 21): CGS-CIMB Securities expects faster net profit growth for Silverlake Axis amid digital banking opportunities as core banking systems of Asean banks are being upgraded to deliver digital banking functionality.
November 21, 2018
Broker's Calls
Goodwill impairment leads to Silverlake Axis 4Q earnings disappointment for CGS-CIMB
SINGAPORE (Aug 27): A larger share of loss from its joint venture and associates saw Silverlake Axis report a 12% fall in 4Q18 core net profit to RM33.8 million ($11.2 million) from a year ago despite higher revenue.
August 27, 2018