Silverlake Axis

See the analysts' recommendations and target prices here.

Analysts from CGS-CIMB and DBS have lowered Silverlake Axis's TP to 31 cents and 33 cents respectively.

In a separate announcement, Silverlake Axis said it has won new contracts from 26 of its existing customers during the quarter

Analysts maintained their calls on Silverlake, but lowered their target prices after 2Q results came in below expectations.

This brings basic and diluted earnings per share (EPS) to 1.27 sen, 29% from the 1.78 sen reported for the 1QFY2020.

Intel suffers delays on its 7nm and 10nm chips, but analysts remain bullish on other tech stocks.

Silverlake Axis' lake may be shrinking but new ponds are forming

Silverlake Axis's profits have taken a hit from Covid-19, but some analysts are drawn to its attractive valuation.

SINGAPORE (Aug 26): Silverlake Axis recently secured eight upgrades and enhancement projects totalling about RM40 million ($13 million) from existing customers. And market watchers are bullish on the group’s potential to be a beneficiary of the fintech

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