Singapore Stock Market News
Silverlake Axis - Expanding Down Under
StockFanatic
Publish date: Fri, 19 Dec 2014, 10:18 AM
StockFanatic
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■ Acquires stake in Finzsoft, NZ tech company, at only 6.4x annualised EPS.
■ Geographical expansion, earnings upside potential.
■ Maintain BUY. DCF-based TP is SGD1.40 (WACC 9.3%, TG 3%).
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