Silverlake Axis (SGX: 5CP) has a rough performance this year so far.
Just by looking at the chart, share price has dropped by almost half since the start of this year from 40 cents to the current 21.5 cents.
If we take its performance from one year back, it has dropped a lot more from 54 cents/share.
For those who does not understand what the company does, one might misunderstood thinking that the company is related to aviation or tourism industry because of the level the share price is descending.
With share price hovering at an all time low valuation (with exception to 2017, I'll explain why), the question is if there is light at the end of the tunnel and if the company represents an opportunity buy to investors.
Business Segment
The company's business segment is divided into two parts:...