It looks like the stock did not fully recover, having fallen 74% since. The banking software industry is a fragmented market (according to research online), with no clear market leader. Please note that all salary figures are approximations based upon third party submissions to Indeed. Silverlake Axis is over-reliance on related party revenues. Silverlake Axis 's core banking software (Silverlake Integrated Banking Solution or SIBS) and continuous maintenance and enhancement provide a steady stream of recurring . The stock is trading at 18% premium to its global peers, which could disappear going forward in our view. Parent's new partner. Founded 2002. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. Silverlake Axis Ltd. (SAL) is a leading enterprise technology, software and services company largely focused on financial services and serving 40% of the top 20 largest banks in South East Asia. Silverlake Axis Company Stats. c. 24% of SILV's revenues in FY14 came from related party transactions, which is relatively high. Discover historical prices for 5CP.SI stock on Yahoo Finance. Ms Tan is responsible for the operation and strategic direction of application maintenance, enhancements, and recovery support services of Silverlake core banking solutions - Silverlake Axis Integrated Banking Solution (SIBS) - in the region. If you are good can prolly get 3k ++ for fresh. This is the Silverlake Structured Services company profile. Silverlake Axis Ltd. (&ldquo SAL&rdquo or the &ldquo Group&rdquo ) recorded revenue of RM736.5 million, a growth of 18% over prior year, Compiled here, all relevant comments and discussions regarding the SLVX Stock. See more companies in the Global Retail Core Banking market. Country SINGAPORE. Growth was broad-based, with project-related revenue surging 66% y-o-y to RM175m, despite the absence of bigger contracts ( > RM100m). Karachi, Pakistan. Feel free to sign up today to Write Reviews & Participate in Discussions. About 33 years ago, we started a Fintech revolution in South East Asia by providing a mathematical core approach to the banking industry and which we later extended to other industries. Check out the opportunities and risks within the XX Software industry.. Silverlake Axis' Payment Has Solid Earnings Coverage It has been more than two years since short-seller 'razor99' accused Silverlake Axis of fraud tunneling via related party transactions with founder and chairman Goh Peng Ooi. Ms. Tan leads a large group of SIBS core banking resources and expertise over six (6) countries in the . August 2022. Silverlake Axis (SGX:5CP)'s Dividends and Corporate Actions including Rights, Splits, Entitlements, etc. Silverlake Axis Integrated Banking Solution enables banking transformation through information, operations, and technology innovations at the front office, middle office, and back-office operations. | SGX Listed Companies @ SG investors.io SILVERLAKE Axis has sold two million shares of Global InfoTech Co (GIT) on the secondary market of the Shenzhen Stock Exchange for 23.6 million yuan (S$4.8 million), or 11.75 yuan apiece. 12 Million peoples uses Engro products every day. Merimen, a wholly-owned subsidiary of the Company, has grown its ASEAN presence in line with the increased adoption of its Software-as-a-Service . But I do agree with you the ROE and margins look incredibly good. It's a competitor for silverlake. After years of successes across the region, Silverlake Axis was listed on Singapore's Stock Exchange (SGX) SESDAQ in 2003 and moved up to SGX Mainboard in 2011. Silverlake Axis Limited is an investment holding company. We initiate with an OUTPERFORM on Silverlake with a TP of S$0.30 based on 13x FY21F EPS. Silverlake Axis has earned the 2022 Asean Technology Company of the Year Award at the recent Asean Lifetime Achievement Awards. Analysts: Kenny Tan & Joel Ng. The Silverlake Axis Ltd Group, is a global software organization with an impeccable track record of multi winning awards and unparalleled expertise in delivering high end quality and state-of-the-art solutions serving the needs of the Banking & Finance, Airline, Utilities and Retail industries across the world. The have 1 head office, 5 city regional offices, 20 hubs, 2 plants, 2500 milk collection centers and 1,200+ IT users. This rating has improved by 6% over the last 12 months. Daily Share Buy-Back Notice . | Listed on the Singapore Stock Exchange (SGX) in 2003, Silverlake Axis creates technologies to enable the Digital Economy. Silverlake Axis releases Q4 FY2022 financial results on 29 Aug 2022. They 1,500+ employees and 44 billion in revenue. Revenue for the quarter was down 17 per cent at RM156.8 million. Silverlake Axis Ltd Chairman's Message. Law's appointment was effective Oct 20. Glassdoor. Statistics Portfolios and stocks statistics of the platform members. Discover historical prices for 5CP.SI stock on Yahoo Finance. of the 2nd Singapore-Hungary Fintech Business Forum in conjunction Gyorgy Ladics. 2015-10-26 18:16 Annual General Meeting. Moderators are not employees or representatives of HWZ. This was attributable to ongoing implementation of two new . The Victorian is an iconic Santa Monica restaurant, bar, and nightlife spot located on Main street just one block from the beach. That single transaction was for S . 65% of employees would recommend working at Silverlake Digital Economy to a friend and 41% have a positive outlook for the business. This page (OTCMKTS:SLVFF) was last updated on 10/29/2022 by MarketBeat.com Staff. 3 of the 5 largest Southeast Asian based financial institutions use its core banking platform, and it has largely retained all its clients since bringing them on board its platform. FINTECH firm Silverlake Axis saw net profit fall 12 per cent to RM59.1 million (S$19.4 million) for the fourth quarter ended June 30, as the Covid-19 pandemic hampered the timely closing of deals, the firm said in its results release on Tuesday after the market closed. Silverlake Axis Ltd is an enterprise technology, software and services company, which focusses predominantly on the financial services industry. Read More > . Silverlake Axis Newly Acquired SunGard Ambit Secures Contracts with Two Vietna . Lake shrinked but new ponds are forming. The average Silverlake Axis Sdn Bhd monthly salary ranges from approximately RM3,329 per month for Human Resources Specialist to RM9,358 per month for Finance Manager. Independent Non-Executive Director Kok Min Lim made the biggest insider purchase in the last 12 months. SILVERLAKE AXIS LTD (5CP.SI) General SILVERLAKE AXIS LTD (5CP.SI) Share Price SILVERLAKE AXIS LTD (5CP.SI) Target Price SILVERLAKE AXIS LTD (5CP.SI) Analysts Say SILVERLAKE AXIS LTD (5CP.SI) Corporate Actions SILVERLAKE AXIS LTD (5CP.SI) Announcements SILVERLAKE AXIS LTD (5CP.SI) News SILVERLAKE AXIS LTD (5CP.SI) Bloggers Say Sign up. Founded in 1989, SAL has built an impeccable track record of successful core banking implementations. . See side-by-side comparisons of product capabilities, customer experience, pros and cons, and reviewer demographics to find the best fit for your organization. The company has been operating for more than 30 years. Earlier in July 2021, The Edge reported that . The company can be reached via phone at (656) 225-9398. Photo: Silverlake Axis. I was leading IT Operations and part of Engro digitization. Published: 10 July 2020. View daily, weekly or monthly format back to when Silverlake Axis Ltd stock was issued. Glassdoor gives you an inside look at what it's like to work at Silverlake Structured Services, including salaries, reviews, office photos, and more. Silverlake Axis Ltd will increase its dividend from last year's comparable payment on the 16th of November to MYR0.007.This will take the annual payment to 2.1% of the stock price, which is above what most companies in the industry pay. Find the latest Silverlake Axis(5CP) stock discussion in Futubull's forum, a popular stock community. FY22 revenue is at record high, exceeding previous high in FY19 by 8%. 3.5 5,812 Reviews . Get 30 Days of MarketBeat All Access Free. Silverlake Axis | 10,269 followers on LinkedIn. The contracts are mainly signed with banks in Asean, including Indonesia, Malaysia and Thailand. Axis Bank. All content is posted anonymously by employees working at Silverlake Structured Services. Andrew Teik Wei Tan, our Group Managing Director is seen with Prak . In less than two decades after its inception, over 40% of the top 20 . Silverlake Axis was founded on July 29, 2002 and is headquartered in Singapore. Read More > Silverlake Axis's Expansion Beyond ASEAN. 2015-10-22 18:18 Share Buy Back-On Market. Its segments include software licensing, which offers provision of digital economy solutions to banks and corporations in banking, retail, government, payment and logistics industries; software project . Latest Forum Topics / Silverlake Axis Last:0.32 -0.005 Post Reply: Silverlake Axis . 2015-11-12 19:17 General Announcement [Replacement] Annual General Meeting: Voluntary . Industry Software & Services. Post Reply Rate topic Entropy72 Master 05-Sep-2022 20:51 . Temenos has a rating of 3.8 stars with 62 reviews. Silverlake Axis shares surged 8.93% to close at 31 cents on March 14 after the company announced an off-market purchase offer worth $80 million to buy back a portion of shares held by the minority owners of the company. The official website for the company is www.silverlakeaxis.com. ; Silverlake Axis's project pipeline is healthy, at RM1.7bn, with a record-high order backlog of RM450mil, a 50% y-o-y increase. The Company is a provider of digital economy solutions and services to the banking, insurance, payment, retail and logistics industries. Excerpts from KGI report. Silverlake Axis has a rating of 4.5 stars with 2 reviews. Silverlake Axis, which providers software and IT services for financial services firms, plans to offer 33 cents each for up to . These figures are given to the Indeed users for the purpose of generalized . Public portfolios Public portfolios of members. Get the latest Silverlake Axis Ltd (5CP) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Silverlake Axis Ltd Wins Digital Innovation Enhancement Contracts The Board of Directors of Silverlake Axis Ltd. ('SAL' or the 'Group') announced that the Group has secured contracts to deliver innovative and transformative digital innovation enhancement solutions to 25 of their existing customers and 2 new customers during the second . Engro Foods is leading FMCG (DAIRY) Company. Leader in Digital Banking Solutions & innovative collaboration across Insurance, Retail, Payment & Logistics Ecosystems. We knew back then that the integration of computing and the economy will only become more complex, and the phenomena of . After an independent investigation by Deloitte Singapore, Silverlake Axis was officially cleared from the allegation.The dust seems to have settled down but Silverlake Axis's share price (59 cents as at 14 November . This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Silverlake Axis Ltd - Record Revenue Boosted by New Cloud Platform: 06/06/2022 : PHILLIP CAPITAL: Silverlake Axis Ltd - New Cloud Driver and Recovery in Bank Spending . Silverlake Axis Ltd (SGX:5CP) commences share repurchases on February 18, 2022, under the program mandated by the shareholders in the Annual Shareholders' Meeting held on October 27, 2021. Banking life, don't count on getting a 9-5 job, you most probably going to work 9~10 or 9~11. Fundamentals, dividends, financial data and analysis of Silverlake Axis Ltd. My Portfolios. Silverlake Axis suffered from a short seller's report in Aug 2015. Market Summary Community Forum Mobile App Events Stock Chart Plugin Share a Site Partner & Ads: Blog Headlines Announcements Dividends Bonus, Split & Consolidation: Stock Quote Trending Now Market Filter Recent Quote Active Stocks Top Gainers Top Losers Stocks Listing: Latest Price Target Recent Search Top Price Target PORTFOLIO My Portfolio . 0.3250 -0.0100 (-2.99%) At close: 05:04PM SGT. Wanting to join the rest of our members? Silverlake Axis has secured contracts to deliver innovative and transformative digital innovation enhancement solutions to 17 of its existing customers in 1Q21. Silverlake Axis (SGX:5CP) reported FY22 revenue of RM736.5m, up 18% y-o-y. Silverlake Axis describes themselves as: Silverlake Axis Ltd (SAL) provides technology and related services to the Banking, Insurance, Payments, Retail and Logistics industries. As per the mandate, the company is authorized to repurchase up to 10% of the issued ordinary share capital. View daily, weekly or monthly formats back to when Silverlake Axis Ltd stock was issued. CEO Silverlake Symmetri at Silverlake Axis, Non-Executive Director, Financial services, Digital banking, Business Strategy, Transformation, Performance improvements . Mainboard-listed Silverlake Axis has appointed Philip Law as its chief technology officer (CTO), head of product and innovation. Money wise, i think other sector can earn better pay grade. Silverlake Digital Economy has an overall rating of 3.1 out of 5, based on over 114 reviews left anonymously by employees. Silverlake Axis's recurring maintenance and enhancement revenue contributed to more than 70% of FY22 revenue, and it grew at a CAGR of 4% despite the COVID-19 pandemic. We downgrade Silverlake Axis to FULLY VALUED with revised TP of S$1.08 (Prev S$1.35). July 2022. About The Victorian Reservations Make A Reservation For all late-night table and bottle service inquiries, please email [email protected] La Vecchia Cucina is Santa Monica's best neighborhood Italian restaurant Home MENUS PHOTOS OUR STORY CONTACT Welcome to Santa . S SILVERLAKE AXIS - 5CP Thread starter MASTERDB; Start date Aug 12, 2022; Find SILVERLAKE AXIS - 5CP Discussion Ideas , buy or sell , Price Target, Reviews , Complaints , Questions , Answers and . As of June 2015. Silverlake Axis Insider Transactions Over The Last Year. Community Discussion forum Share news, strategies and questions with other members. Stocks ETFs Cryptos Articles. Silverlake Axis participate in this year's ASEAN Business Club (ABC) Forum 08 September . SILVERLAKE AXIS: 30-cent target, maintenance revenue up. However life sucks in banks until you actually move into the bank itself. Founded in 1989, Silverlake Axis has built an impeccable track record of successful core banking implementations. Happy Deepavali from all of us at Silverlake . Silverlake Axis' mailing address is 6 Raffles Quay, Singapore, South East. As CTO of the group, Law will represent Silverlake Axis in communicating product differentiation and strategies to the market, communities and industry . Get stock reviews, comments and analysis from experts and other investors. These contracts are primarily for enhancements to existing core banking systems and to enhance customers' digital experience and are .