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Monday, May 12, 2014

2 possible gems

Financial statements released by Hiap Hoe and Silverlake Axis had certainly sparked my interest in the 2 stocks.

After Hiap Hoe acquired Superbowl, it had stated that there will be additional streams of revenue coming from rental, hotel operations and leisure business. Earnings for the three month period was $354.2 million, a significant increase on the $10.2 million recorded a year ago.




Silverlake Axis also did very well in its 3rd quarter with a decent 28% rise in net profit. It has been performing consistently well given its high PE ratio, but however have been giving a dividend of about 4%. 

Its sale software and hardware products gained more than a 100% while runner up maintenance and enhancement contracts rise steadily at 22%. Lastly, its software licensing business grew 16%. 


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