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SOFTLOGIC HOLDINGS PLC (SHL.N0000)

+60
SAGA
Kaptivajkss
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64 posters

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51SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Corona Virus - Latest Updates Fri Mar 13, 2020 12:21 pm

jason12


Senior Equity Analytic
Senior Equity Analytic

fastandeasygrowth wrote:This loan will be utilised when market go below 3900ASPI


Do you think is it too late to sell shares? or do u have a time line when it will pick up again in may/june considering the current scenario?

52SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Mar 13, 2020 12:27 pm

fastandeasygrowth


Senior Equity Analytic
Senior Equity Analytic

@Jason - Im currently calculating on that. this will totaly (say80%)depand on corona penitration in srilanka. if corona goes like in italy u dont need my advice ne. market will come down to 3000 levels

53SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Mar 13, 2020 12:30 pm

jason12


Senior Equity Analytic
Senior Equity Analytic

Could you pls answer with regard tothe question below

 "do u have a time line when it will pick up again in may/june considering the current scenario?"

God Father


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Screen35

55SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Mar 13, 2020 12:50 pm

God Father


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Screen36

56SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Mar 13, 2020 12:52 pm

ChooBoy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

He is trying to maintain SHL Price at LR 14/= to get a USD 300mn Banking Facility.
This is not manipulation Smile

57SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Mar 13, 2020 1:09 pm

God Father


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Screen38

fastandeasygrowth


Senior Equity Analytic
Senior Equity Analytic

if this deal happened i will file a case in criminal court against all NDB officials involved regarding this fraud.
NDB SH should talk about this. NDB will be bankrupt when SHL share price go down

59SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Sat Mar 14, 2020 5:27 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

What I seen "Mr. Pathirage Purchase and all others selling Very Happy Very Happy

how much shares he can Purchase without issue in "minimum public holding" ????

60SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Sat Mar 14, 2020 5:42 pm

Teller

Teller
Moderator
Moderator

SHL is in trouble now. I analyse its cash flow. This share should come below 8

61SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Sun Mar 15, 2020 11:45 am

Quibit


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

Buying his own company shares when market is falling is not manipulation. Smile Smile
If two investors get together and trade then its called manipulation.
Visit SEC website to learn more information; http://www.sec.gov.lk/?page_id=426


OFFENCES UNDER THE SEC RULES GAZETTE NO.1215/2 OF 18TH DECEMBER, 2001

In addition to the specific offences set out above, the contravention of any of the provisions of the SEC Act or Rules and Regulations made thereunder shall be an offence as stipulated in Section 51(1)(a) referred to above.

(11) Rule 12: Any person who creates a false or misleading impression of active trading or a false or misleading impression regarding the price of any securities shall be guilty of an offence.
(12) Rule 13: Any person who creates a false market in listed securities shall be guilty of an offence.
(13) Rule 14: Any person who front-runs his client in the manner provided in Rule 14 shall be guilty of an offence.
(14) Rule 16: Any listed company which does not supply with immediate effect any price-sensitive information concerning such company to the stock exchange is guilty of an offence.

62SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Tue Mar 17, 2020 10:32 am

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics

ChooBoy wrote:He is trying to maintain SHL Price at LR 14/= to get a USD 300mn Banking Facility.
This is not manipulation Smile
Almost 50 Billion Rupees ? Is that possible ?

63SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Softlogic group Salary cut by 40% Wed Apr 08, 2020 4:57 pm

Teller

Teller
Moderator
Moderator

i told prior to Corona even , Softlogic group is having some cash flow issues. How ever now they have decided to cut employees salary by 40% also stop the bonuses. Remember bonuses pay through past earnings ,so its not ethical to this cut.

Sri Lanka’s Softlogic has cut salaries of top executives between 20 to 30 percent, as curfews imposed to curb Coronavirus disrupted business and hit cashflows.

Salaries of employees getting below 50,000 rupees have not been cut.
Bonuses and overtime has also been suspended.

“This measure is an initiative that you will no doubt concur with as we steer the Group during turbulent times to avert the potential high incident of retrenchment that may otherwise become unavoidable during the coming months,” Chairman Ashok Pathirage said in a note to staff.

“At this moment, we will do our best to control what is within our ambit with foresight although there is little we can do to mitigate factors beyond the control of human intervention.”

64SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Wed Apr 08, 2020 6:01 pm

samaritan


Moderator
Moderator

What measures would he take as head of Sri Lankan Airlines as it is already a mega loss making entity?

65SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Wed Apr 08, 2020 6:02 pm

Teller

Teller
Moderator
Moderator

@sama, agree 100%

66SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Thu Apr 09, 2020 3:01 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Why should employees take responsibility for loss making airline while politicians making wrong decisions...

67SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Thu Apr 09, 2020 11:47 am

samaritan


Moderator
Moderator

Yahapalanaya wrote:Why should employees take responsibility for loss making airline while politicians making wrong decisions...
Right now its Covid-19 decides and not politicians until an antidote/vaccine is found. Its a challenge to the whole world, b'cos life cannot return to normal till the threat exists.

68SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Apr 10, 2020 3:42 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

samaritan wrote:
Yahapalanaya wrote:Why should employees take responsibility for loss making airline while politicians making wrong decisions...
Right now its Covid-19 decides and not politicians until an antidote/vaccine is found. Its a challenge to the whole world, b'cos life cannot return to normal till the threat exists.
Srilankan airline started loss making before Covid-19 problem since O/L failed CEO from king family.That is nothing to do innocent employees who don't desrerve to a salary cut. Evil or Very Mad Evil or Very Mad Evil or Very Mad

69SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Apr 10, 2020 5:03 am

Teller

Teller
Moderator
Moderator

JKH has decided to salaries, more info to follow...

70SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Apr 10, 2020 7:59 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

@Teller where did u find out softlogic salary cut?

71SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Fri Apr 10, 2020 10:05 pm

Teller

Teller
Moderator
Moderator

@colombo cse,

https://economynbusinesssl.com/2020/04/09/covid-19-%E0%B6%B4%E0%B7%8F%E0%B6%A9%E0%B7%94%E0%B7%80-%E0%B6%B8%E0%B7%90%E0%B6%9A%E0%B7%93%E0%B6%B8%E0%B6%A7-%E0%B7%83%E0%B7%9C%E0%B7%86%E0%B7%8A%E0%B6%A7%E0%B7%8A%E0%B6%BD%E0%B7%9C%E0%B6%A2%E0%B7%92/

72SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Tue Apr 14, 2020 7:26 pm

Nishan Cooray

Nishan Cooray
Stock Analytic
Stock Analytic

Is there any provisions to reduce the salary in labour laws

73SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Wed Apr 15, 2020 12:37 am

Teller

Teller
Moderator
Moderator

This is an extraordinary case, so labour law may not work

74SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Mon Jun 15, 2020 9:42 pm

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

Director keep buying.. are we missing something?

75SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Tue Jun 16, 2020 1:04 am

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

for me softlogic is very risk and high debt with continue loss. even Asiri also profit reduced.
hope now they can not buy more...
[url=https://cdn.cse.lk/cmt/announcement_portal_prod/SHL - MPH_2741323440332634.pdf]https://cdn.cse.lk/cmt/announcement_portal_prod/SHL%20-%20MPH_2741323440332634.pdf[/url]

76SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Tue Jun 16, 2020 1:36 am

Teller

Teller
Moderator
Moderator

I predicted this result nicely

77SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Tue Jun 16, 2020 12:56 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

ROE IS NEAR 6%
AND HIGH AMOUNY OF DEBT. IT IS TOO RISKY .WHY YOU BURN YOUR HAND WHEN THERE IS LESS RISKY AND GOOD RETURN STOCKS

78SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Tue Jun 16, 2020 1:53 pm

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think Softlogic will end up bankrupt. I don't think it can survive in the post COVID environment. Ashok is trying to buy his own shares to boost confidence, but it is not working. This company looks like bankruptcy in the making due to its high debt

Arunarukman likes this post

79SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty SHL - Softlogic Holdings Mon Jun 29, 2020 1:33 pm

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

SHL seem to be having a movement . 

It was around 16/=  before Covid.

And a pending dividend Jun / Jul .

80SOFTLOGIC HOLDINGS PLC (SHL.N0000) - Page 3 Empty Re: SOFTLOGIC HOLDINGS PLC (SHL.N0000) Mon Jun 29, 2020 4:17 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

Jay-Jay wrote:SHL seem to be having a movement . 

It was around 16/=  before Covid.

And a pending dividend Jun / Jul .

-EPS with pending dividend  Very Happy Very Happy Very Happy . think wisely before investment

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