Friday, August 24, 2018

Silverlake FY Results

This is short qualitative analysis.

The bad:
1) The acquisition of the 3 Goh entities cause a drag on a otherwise would be decent recent. Q4 Gross profits would have been better, the 3 entities are loss making.

They restated the FY 2017 to include the 3 entities for apple to apple comparison, but looking at past reports would let u see the results much clearer. The 3 entities are loss making in Q4 but overall makw close to 20 mio profits in the whole year.

Without the 3, Silverlake would have a rather glowing report card, showing growth of it SBB services and one of the strongest quarter for the year and also YOY.

The good:

The margin has improved as project liscening and delivery of contracts have improve margin. The gestation period, finally seem to be over.

I have bought back what I sold off earlier at 48.5. With a higher av price of 52_54cents Market would most probably give the set of results a thumb down, but I will see how iy goes from here.

1 comment:

  1. Do you need to increase your credit score?
    Do you intend to upgrade your school grade?
    Do you want to hack your cheating spouse Email, whatsapp, Facebook, instagram or any social network?
    Do you need any information concerning any database.
    Do you need to retrieve deleted files?
    Do you need to clear your criminal records or DMV?
    Do you want to remove any site or link from any blog?
    you should contact this hacker, he is reliable and good at the hack jobs..
    contact : cybergoldenhacker at gmail dot com

    ReplyDelete