Skylink    Last:0.23    -0.01

Trading Idea / Chart Watchlist

A stock that continues to drift sideways despite reporting strong profit growth on 26 May.
Perhaps its business are too small and uninspiring to catch the eye of big boys.

 

 

With the share price barely budging after the results announcement, the spotlight now shifts to whether management steps in with open market purchases today.

 

From Lim& Tan Securities


Despite a strong set of results, the share price failed to break above 27 cents &mdash without BBs or syndicates to propel it higher.

 

1. Headline Performance (YoY)

2. Dividend Update

• FY2026: Board recommended tax-exempt (one-tier) final dividend of S$0.0055 per share (&asymp 32.9% payout of adjusted profit).
• FY2025: No dividend.
• This is the first dividend post-RTO, signalling confidence in cash flow and operational improvement.
• No interim dividend was paid.

3. Key Business Improvements (FY2026 vs FY2025)

• Revenue Growth: Strong across all segments, especially Commercial Vehicle Leasing (main contributor).
• Margin Expansion: Gross margin improved due to better fleet utilization and scale.
• Cash Flow: Operating cash inflow S$11.97M (vs S$16.01M in FY2025) &mdash still healthy despite fleet expansion.
• Balance Sheet:
  • Total Assets: S$129.8M (+17% YoY)
  • Cash: S$6.74M (vs S$3.52M)
  • PPE (Fleet): S$75.8M (vs S$68.8M)

4. One-off Items in FY2026

• Non-cash RTO Accounting Loss: S$9.92M
• RTO Listing Expenses: S$1.85M &rarr These explain the reported net loss. Core business is clearly stronger.

Bottom Line

FY2026 shows clear operational progress compared to FY2025:

• Faster revenue & profit growth
• First dividend declared
• Continued fleet expansion
• Stronger cash position

 

https://links.sgx.com/1.0.0/corporate-announcements/UX2AXWRHXLUQHS53/890212_Skylink%20-%20Financial%20Results%20FY2026.pdf
 

 

Morning all!
The time has come to reach for greater heights!

Now looking to break 0.27 ~ 0.275 which is the next level before we dash through 0.285 , 0.295 , 0.30!

Let' s join forces to win this! Don' t say boh jio, today is a good day to crush it higher! 😃

 

Markets are biding their time, waiting for the full year results before piling in.
Until then, let you be the cheerleader to keep the post alive

benlwl      ( Date: 25-May-2026 13:03) Posted: After lunch now already got more strength to push higher! Come on, don' t say boh jio, later run higher bo lui tan liao. 🤣 😂 benlwl      ( Date: 25-May-2026 09:33) Posted: It' s time to topple down 0.27 and 0.275 this week! Need some support here! 😂 😃

 

After lunch now already got more strength to push higher! Come on, don' t say boh jio, later run higher bo lui tan liao. 🤣 😂

benlwl      ( Date: 25-May-2026 09:33) Posted: It' s time to topple down 0.27 and 0.275 this week! Need some support here! 😂 😃 benlwl      ( Date: 25-May-2026 09:20) Posted: Morning people! T+4 sui sui after financial results (End-May). Time to buy up before it starts to chiong up

 

It' s time to topple down 0.27 and 0.275 this week! Need some support here! 😂 😃

benlwl      ( Date: 25-May-2026 09:20) Posted: Morning people! T+4 sui sui after financial results (End-May). Time to buy up before it starts to chiong up! JurongW      ( Date: 20-May-2026 21:16) Posted: Moving at a snail' s pace, but price action remains confined within the triangle and has already drifted outside the wedge. 7  trading days left before the full year results release on Fri 29 May

 

Morning people!

T+4 sui sui after financial results (End-May). Time to buy up before it starts to chiong up!

JurongW      ( Date: 20-May-2026 21:16) Posted: Moving at a snail' s pace, but price action remains confined within the triangle and has already drifted outside the wedge. 7  trading days left before the full year results release on Fri 29 May

 

 

Despite insider buying and bullish guidance, Skylink price is stuck because liquidity is thin, contra flows keep capping rallies, and investors want to see hard results before chasing the breakout above 27 cents.

🧩 Possible Reasons for Skylink&rsquo s Stalled Price

• 
  
  Liquidity & Market Depth:
  Skylink trades in the lower tier segment of SGX, where daily volumes are thin. Even insider buying at 24.5 to 26 cents doesn&rsquo t guarantee momentum if broader market participants are not engaged.
• 
  
  Investor Skepticism:
  Profit guidance sounds strong, but retail investors may be waiting for the actual FY26 results (due end‑ May) before committing. Guidance alone does not always shift sentiment unless backed by earnings delivery.
• 
  
  Contra Players & Short Term Flows:
  As you noted earlier, contra players often close positions by T+4. That creates artificial spikes and retracements, muting the impact of bullish signals.
• 
  
  Macro Headwinds:
  Broader STI and sector peers (like Seatrium, Olam, Singtel) have been choppy. If the overall sentiment is cautious, even a bullish chart structure (inverse H& S, ascending triangle, bullish harami) can stall.
• 
  
  Technical Resistance:
  You&rsquo ve flagged the trendline at 0.27 as a cap. Until Skylink clears that convincingly, buyers hesitate. Breakouts need volume confirmation, which has not materialized yet.

---

 

 

Moving at a snail' s pace, but price action remains confined within the triangle and has already drifted outside the wedge.

7  trading days left before the full year results release on Fri 29 May

 

Another version based on breakout from descending channel post result release on 29 May.


 

 

Updated Chart

 

unfortunately there are no bulls for this one, as its not a stock thats on many watchlist. this might change in the upmcong months based on how managment engages anaksysts and investors. After results it should see a positive uptick. I am keeping this for the long term. It has got multiple tailwinds and shoudl benefit. Hopefully the mngt engages investors and gets them to pickup stakes after the results.

 

No pickup from bulls. Results will dictate the next strong push.

 

Skylink calling - Bulls please pick up and charge towards 28.5 cents tomorrow.

 

Article from Nextinsight.

SKYLINK: One Vehicle, Multiple Income Streams. An Under-The-Radar SGX Growth Story?

 

Finally broke out from the neckline, descending trendline and ascending triangle today with increased volume.  Hit resistance at 27 cents.
Upward momentum rather weak, so give it until this Friday to see if it can retest 28.5 cents.

Iceycoke      ( Date: 13-May-2026 08:58) Posted: Today 265