Singapore Stock Market News

Silverlake Axis - Simulating for Transactions

StockFanatic
Publish date: Fri, 28 Aug 2015, 12:18 PM
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• Market concerned that profits have been artificially inflated by interested-persons transactions.

• Profits could fall 49-64% if we adjust for these under three scenarios.

• Company needs to reassure investors that private entities are not subsidising its costs. Maintain HOLD & SGD0.61 DCF TP pending clarity on the transactions.
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