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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » SOFTLOGIC HOLDINGS PLC (SHL.N0000)

SOFTLOGIC HOLDINGS PLC (SHL.N0000)

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1SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Wed Dec 09, 2020 2:58 pm

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Softlogic group starting to move. Softlogic Finance merger with Abans Finance is expected to conclude within few weeks. The surviving entity will be Softlogic Finance which will be a bigger, stronger company with a good valuation

RJ1010 and judecroos like this post

2SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Wed Dec 09, 2020 2:40 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
13  alien alien

3SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Tue Dec 08, 2020 10:30 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
today touched 12 +  alien alien

4SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Wed Dec 02, 2020 9:54 am

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@abey wrote:NO BENIFIT FOR SHAREHOLDERS
Only thing is , there may not momentum in the mkt since public holding limit to 10% .

thing is , Mr.pathirana have brought shares much higher than existing Price .might average price well beyond the 11 rs. hence he need to average the same since he knows how potential in future. and also he might get the Govt Support ... Very Happy . by keeping in Main Board it is not possible to buy as already they are failure to fulfill the Minimum public holding. as a strategy  first they have transfer to Divisariya Board , 2nd they will buy as Qty they want. meantime they will dispose to mkt at higher price . lets see

5SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Tue Dec 01, 2020 6:50 pm

abey


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
NO BENIFIT FOR SHAREHOLDERS

6SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Tue Dec 01, 2020 6:47 pm

abey


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TODAY TRANSFER DIRI SAVI BOARD

7SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Tue Dec 01, 2020 11:32 am

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Next year march or June '2021 .it will touch 15

8SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Tue Dec 01, 2020 11:22 am

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@abey wrote:BLACK LIST COMPANY
REALY ? LET'S SEE.

9SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Sun Nov 22, 2020 11:24 pm

abey


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
BLACK LIST COMPANY

RJ1010 likes this post

10SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Sun Nov 22, 2020 8:53 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Taking over ABANS FINANCE will again put pressure on their finance cost as this takeover will be done through bank borrowing ??

RJ1010 likes this post

11SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Sun Nov 22, 2020 8:49 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Quibit wrote:d
¿??????¿?????????

12SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Sun Nov 22, 2020 12:57 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
d

13SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Fri Nov 20, 2020 12:40 am

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Sharply decrease in the loss incurred in the 30.09.2020 ended quarter with comparison to 30.6.2020 Quarter .

  03 months to   30-06-2020 
03 months to
30-09-2020
  %
Total Revenu 14,161,892 21,818,639  
Cost of sales         (10,294,152)         (14,668,089)  
Gross Profit 3,867,740 7,150,550 85%
       
Other operating income 203,129 212,509  
Distribution expenses              (570,758)              (784,159)  
Administrative expenses           (4,093,236)           (4,028,932)  
Results from operating activities              (593,125)             2,549,968  -530%
       
Finance income 857,372 342,118 -60%
Finance expenses           (2,428,501)           (2,079,164) -14%
Net finance cost     (1,571,129.00)           (1,737,046) 11%
       
       
Share of profit of equity accounted investees                   (6,677)                   (6,802)  
Change in insurance contract liabilities              (712,842)           (1,679,698)  
       
Loss before tax     (2,883,773.00)         (873,578.00)  
       
Tax expense 18,682                 (62,764)  
       
Loss for the period     (2,865,091.00)         (936,342.00) -67%

85 % Significant increase in the Gross revenue and 530% in profit after operating activities.

decreasing loss for the period 67%.

14SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Mon Nov 09, 2020 9:15 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@suku502 wrote:I went through the FS- 2019. followings were highlighted.








Core Buiness Areas
1. Retail
2. Heathcare Services
3. Financial Services
4. Leisure & Property
5. Automobiles
6. Information Technology & Others

 







Last Year High Lights
sustainable growth in the Eranings - Rs,3 billion
ROCE : 9.8%
Divident Paid : 596 mn
Investment In CSR
Interest Rate deduction will improve the Finance Cost (Interest Rate Risk)

   







Financial year end 31 March 2019 201820192018
Closing share price (Rs.)            16.00           24.60
Earnings per share (Rs.)               0.09             0.25
Dividends per share (Rs.)              0.50             0.65
Net asset value per share (Rs.)            12.30           14.05
Market capitalisation (Rs. Mn)1908123659
Price to book value (times)              1.30             1.75


   








Index Group nameRank Brand Value (Rs. Mn)
    
Brand Annual 2019 -Conglomerate brandsSoftlogic Holdings PLC623,223
    
Brands Annual 2019-Most valuable brands of Sri LankaOdel481,870
 Asiri Health451989
 Softlogic Finance82645
 Softlogic Life432,136
 


















Positive Cash Flow of 1.6 Billion from Operating Activity during the Year
Investment Activites  - Increases in the purchase & construction of PP&E, other non-current
assets, purchases of non-current financial assets and the acquisition
of Cotton Collection (Pvt) Ltd and Hemas Southern Hospitals (Pvt) Ltd
contributed to cashflows used in investing activities growing by more
than 100% to Rs. 11.1 Bn.
Borrowings - The net cashflows from financing activities decreased substantially
during the year. Proceeds from a Rs. 3.9 Bn rights issue was utilised
to settle part of the long-term debt and a short-term loan. However,
proceeds from long term borrowings increased by 101% to Rs. 7.6 Bn
as the Group continued to pursue inorganic growth and expansion that
resulted in significant capital outlay
Assets - Ongoing capital expenditure and acquisitions in the Retail and
Healthcare Services Sectors, supported growth in assets with Group
total assets expanding 10.1% to reach Rs. 131 Bn.


i think current price Rs. 11.00 is most valuable to purchase . and hold Good 50% gain can be taken within another 4 months.
some of core business areas down due to COVID-19 .the vaccine will answare the most of ??? . let's see , if you can hold 1 year collecting now around 11- 12 , will give 50 % returned .

15SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Mon Nov 09, 2020 8:36 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@RJ1010 wrote:
@soileconomy wrote:
@suku502 wrote:it's collecting , and it will touch 15 within next quarter result.
Other than director's buying , improvement in financials cannot be expected.
They have to trimm the finance cost or dispose one of its investments.
Correct. It will take some time for Softlogic to recover. Good price to buy if possible to hold for 6-12 months.
yes , agree . i think this a good counter to collect now at this price level , they have strong balance sheet . and i hope much improved result for the Period of July to September '2020 Quarter than April to June'2020 .let's see

16SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Mon Nov 09, 2020 6:11 pm

කොටස් වෙළඳපොළ2020


Manager - Equity Analytics
Manager - Equity Analytics
සොෆ්ට්ලොජික් හෝල්ඩිංග්ස් දෙවැනි පුවරුවට
කොළඹ කොටස් හුවමාරුවේ ප්‍රධාන පුවරුවේ ලැයිස්තුගත කර තිබූ සොෆ්ට්ලොජික් හෝල්ඩිංග්ස් පීඑල්සී සමාගම එහි දෙවැනි පුවරුව වෙත හුවමාරු කර ඇතැයි කොළඹ කොටස් වෙළෙඳ පොළ සඳහන් කරයි.
2020 නොවැම්බර් 09 වැනිදා සිට මෙම හුවමාරුව සිදු කර තිබේ. කොළඹ කොටස් හුවමාරුවෙහි ලැයිස්තුගත සමාගමක් ලෙස එහි රෙගුලාසි අංක 7.13.1 යටතේ පවත්වා ගත යුතු අවම මහජන කොටස් හිමිකාරීත්වයට අදාළ රෙගුලාසිය වෙත අනුකූලවීමට සමාගම දැක්වූ අපොහොසත් වීම මෙම තීරණයට හේතු වී තිබේ.
අද පස්වරු 12.14 වන විට සොෆ්ට්ලොජික් හෝල්ඩිංග්ස් කොටසක වටිනාකම රුපියල් 10.70ක් විය. එය පෙර දිනයට සාපේක්ෂව කොටස් වටිනාකම 0.94% ක වර්ධනයකි. ඒ අනුව මෙම කාලසීමාව තුළදී කොටස් 114,879ක ප්‍රමාණයක් ගනුදෙනු වී ඇති අතර එහි පිරිවැටුම රුපියල් 1,228,228.20 ක් විය.

17SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Mon Nov 09, 2020 4:46 pm

RJ1010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@soileconomy wrote:
@suku502 wrote:it's collecting , and it will touch 15 within next quarter result.
Other than director's buying , improvement in financials cannot be expected.
They have to trimm the finance cost or dispose one of its investments.
Correct. It will take some time for Softlogic to recover. Good price to buy if possible to hold for 6-12 months.

18SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Mon Nov 09, 2020 3:34 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@suku502 wrote:it's collecting , and it will touch 15 within next quarter result.
Other than director's buying , improvement in financials cannot be expected.
They have to trimm the finance cost or dispose one of its investments.

19SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Mon Nov 09, 2020 2:13 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
it's collecting , and it will touch 15 within next quarter result.

20SOFTLOGIC HOLDINGS PLC (SHL.N0000) Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) on Sat Oct 31, 2020 12:08 am

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
[size=33]Softlogic 1Q goes deep into red as virus bites[/size]

http://www.dailymirror.lk/business-news/Softlogic-1Q-goes-deep-into-red-as-virus-bites/273-198878

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