Economies go through cycles, and most companies inadvertently ride along with the ups and downs. Not many can claim what digital economy solutions provider Silverlake Axis has achieved. “We have been profitable for every year of our operations. Of course, some years, prof­its are up and profits a...

Software company Silverlake Axis, a regular at the Billion Dollar Club, is back as the winner delivering the most weighted ROE for this industry category. It was named overall sector winner as well. The company, with three decades of history, is famous for providing software and related IT services ...

THE following companies saw new developments that may affect trading of their securities on Monday:

FINTECH company Silverlake Axis 5CP announced on Friday that its indirect wholly owned subsidiary, Silverlake Fermion, has inked a teaming agreement with Malaysia-based insurance technology specialist DynaFront Holdings.

CGS-CIMB Research’s Andrea Choong has maintained her “add” call and raised her target price on Silverlake Axis, after it seems to be on track for a recovery. Silverlake Axis posted a core profit (adjusting for a one-off expense for the remeasurement of a put liability and derivative asset) of ...

Silverlake Axis recorded earnings of RM143.1 million ($46.2 million) for its FY2021 ended June period. This is some 23% lower compared to RM184.7 million recorded in FY2020. Revenue for FY2021 came in at RM626.1 million, 6% lower than RM663.7 million last year. This was due to lower contributions fr...

CGS-CIMB Research’s Andrea Choong has maintained her “buy” call on Silverlake Axis and increased her target price on the stock to 35 cents from 31 cents previously. In a July 12 report, Choong says that Silverlake Axis has been “swept under the radar”, as it has underperformed expectations...

MAINBOARD-LISTED Silverlake Axis may see its earnings recover as demand for its technology solutions from banks recovers after they held back on capital expenditure and tech spending over the past few quarters, said CGS-CIMB analyst Andrea Choong.

MAINBOARD-LISTED Silverlake Axis may see its earnings recover as demand for its technology solutions from banks recovers after they held back on capital expenditure and tech spending over the past few quarters, said CGS-CIMB analyst Andrea Choong.

The past few years have not been kind to Silverlake Axis. After founder and group executive chairman Goh Peng Ooi was accused by an anonymous short-seller of inflating the firm’s results back in 2015, its shares took a hit. The company was cleared of wrongdoing by Deloitte, but a subsequent slowdo...