SIlverlake Axis (SAL)

The numbers translate to earnings per share (EPS) of 2.25 sen and 7.04 sen for 4Q20 and FY20 respectively.

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.

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

SINGAPORE (Aug 23): Silverlake Axis reported 4Q19 earnings of RM67.5 million ($22.3 million), 86% higher versus RM36.2 million in 4Q18.

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.

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.

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.

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.

SINGAPORE (July 27): RHB Research is maintaining its “buy” call on software services and solutions provider Silverlake Axis with an unchanged target price of 65 cents on early signs of the start of banks’ capex spending cycle.

SINGAPORE (May 16): Silverlake Axis' business cycle has bottomed out and earnings could surge in the next few years given it has accumulated a significant order backlog of projects, say analysts.