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whats the news but ?
bishan22 ( Date: 03-May-2017 15:53) Posted:
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Bad news leak out again for house shortists advantage..????
4% drop
Today drop so much? Got negative news coming up?
HVRRVH ( Date: 20-Apr-2017 08:04) Posted:
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Hold for long term should be ok. I think the dividend is sustainable. Still lingering damage from the short report sometime back causing bad sentiment I guess. The only negative thing is the big share base even disregard the founder's holding. Still in my watch list.
Wa. No one vested in silverlake axis? Can they maintain the 0.7 cents per quarter? Meaning 5% dividends at current price. Last financial reports seems ok, not that bad. And maybe coming result may release news on the special dividends of 4 cents? May go up 60 cents? Anyone can advice?
TMW1986 ( Date: 19-Apr-2017 12:31) Posted:
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Anyone still vested? Today price drop. Feel like entering for special dividends.
AndyLoss ( Date: 21-Mar-2017 20:39) Posted:
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Seems oversold. Once 55 cents broken will go even lower. I am also waiting to enter at a price as Low as possible.
AndyLoss ( Date: 21-Mar-2017 20:39) Posted:
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waiting since ages for 0.77 & spcl dividend :)
peterz ( Date: 21-Mar-2017 17:12) Posted:
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0.77, when will it hit?
Msport ( Date: 21-Mar-2017 09:22) Posted:
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SILVERLAKE FEATURED ONE OF 3 UNDERVALUED STOCKS THAT ALMOST EVERYONE OVERLOOKED
Silverlake Axis: Big contract wins await
Silverlake is Asia&rsquo s leading software services and solutions provider. Silverlake is currently looking to offer and implement software solutions to a few Malaysian banks, with the purpose of replacing existing core banking systems.
The estimated contract value of these contracts range around MYR150-200 million for each bank and RHB believes that Silverlake is likely to secure a contract by the end of 2017.
Special dividend from sale of Global Infotech
Silverlake is expected to record a S$27.7-million gain and receive proceeds of about S$0.04 per share after fully disposing its intended allocation-for-sale shares in Global InfoTech (GIT).
This divestment exercise would take some time to complete and is expected to be done by 2HFY17. RHB believes that a sizeable amount of the proceeds from the sale will be returned to shareholders as special dividends.
New area of growth: insurance
Meanwhile, Silverlake is also focusing its growth efforts on its insurance arm. The management might engage in some merger and acquisition (M& A) activities in this space in the near term to grow its insurance segment.
Organically, Silverlake&rsquo s insurance arm is already growing at an impressive 20-30 percent per annum. This is not forgetting that the company has yet to expand across South-East Asia.
RHB foresees growth for Silverlake&rsquo s insurance segment to pick up steadily, supported by inorganic growth and through possible acquisitions of other private companies.
Silverlake (SGX:5CP) &ndash BUY, Target Price $0.77
More visibility on the divestment of GIT and co' s plans to buy Goh' s pte entities. Looking forward to good dividends and yield-accretive acquisitions that will silence all its detractors.
got the dividend today... for last quarter .. :)
Shareholders have to hold on tight. Imho, any special div should reasonably come after complete divestment of GIT. Don' t think repatriation of proceeds shld be a problem as many cos have done so in the past. With interest rates and NIMs expected to rise, wouldn' t banking clients of Silverlake be more inclined to spend on IT again?
What happenned to this counter... awaiting interest..
Any news guys...someone is dumping more/ buying 200 lots up and down whole morning. Huh...
Cheers.
Awaiting the SPECIAL DIVIDEND In 2017