Treasure Chest: Silk Logistics

Treasure Chest | Sep 28 2023

FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Today's idea is Silk Logistics.

Whose Idea Is It?

Analysts at Moelis

The subject:

Silk Logistics Holdings ((SLH))

More info:

Silk Logistics Holdings IPO'd in mid-2021 but outside of the two rallies that temporarily catapulted its share price back to $2.50, the experience hasn't been a positive one for shareholders.

Post financial result and dividend payment in February this year, the shares have continued to slide downwards and are now trading near their lowest level as a public company, for a face value loss of -30%, ex dividends.

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