Silverlake Axis after hitting the low of 52 cents on 23rd Dec2016 , it had since managed to stage a strong rebound and head higher to touch 62 cents on 2nd Feb 2017. This is rather bullish/positive.
The current price is hovering above the SMA lines which may provide further indication that the share price may continue to trend higher.
Both Macd & Rsi are still rising which is indicate further uptrend prevail.
EPS is about 3.5 cents, PE is about 17.1 times base on current price of 60 cents. Dividend is about 2.8 cents ( yield is about 4.7%) .
Gross Profit and Eps is relatively about the same for the past 4 years with exception for the recent divestment gain of RMB$143.7m.
Short term wise, I think it may likely move up to test the recent high of 62 cents. Crossing over with ease that may propel to drive the share price higher towards 65 then 70 cents.
( trade base on your own decision)
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