Tuesday, February 16, 2016

Silverlake

I bought it. Currently their decline was due to a short seller saying bad things about them (around august 2015). Things like the CEO is doing things for his own benefits, or the company has many funny transactions to make itself seem more profitable.

In Jan this year, their audit report came out and say that they are pretty ok.

The price has not yet picked up.
I researched on the company.
Their CEO seems to be a math genius.
I always wanted to invest in internet companies.
The only one I have is iFast, which I do not really have a good idea what they are doing.
Silverlake help major banks with their back end systems.
They are further integrating even more things.
And also expanding their type of clients.
They mentioned that they do not want to expand so fast to an extend that it is not sustainable. Something that I like to hear.
In many things, I always believe in having a strong foundation.

I am happy to have another tech stock in my portfolio.
And hopefully they can go on to take over a greater portion of the world.
It has the most potential to have a nuclear growth among all my shares.

No comments:

Post a Comment