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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