SOFTLOGIC HOLDINGS PLC (SHL.N0000)

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

It was around 16/=  before Covid.

And a pending dividend Jun / Jul .

@ColomboCSE wrote:SOFTLOGIC FINANCE PLC -> 2020 Q1 - loss (15.06)    
                                           2020 Q2 - loss (14.49) 

how this happened??? did i read correct 

@anges wrote:continues to make loss and heavy debt on the balance sheet ! share actual value would be around Rs 7 ! please do your own research

@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 2018	2019	2018
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)	19081	23659
Price to book value (times)	1.30	1.75

   

Index	Group name	Rank	Brand Value (Rs. Mn)
Brand Annual 2019 -Conglomerate brands	Softlogic Holdings PLC	6	23,223
Brands Annual 2019-Most valuable brands of Sri Lanka	Odel	48	1,870
	Asiri Health	45	1989
	Softlogic Finance	82	645
	Softlogic Life	43	2,136

 

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.

shi wrote:Also go through 3/31 interim, u will see nice  earnings , haha

@suku502 wrote:

shi wrote:Also go through 3/31 interim, u will see nice  earnings , haha

lets see , better to collect @ lower price, since this is annually paying dividend also then this will touch around 20. lets see. now collecting ...

@ColomboCSE wrote:

@suku502 wrote:

shi wrote:Also go through 3/31 interim, u will see nice  earnings , haha

lets see , better to collect @ lower price, since this is annually paying dividend also then this will touch around 20. lets see. now collecting ...

they only hope EPF will collect them...   then who will rick own money...

@suku502 wrote:how ,Abans acquisition will affect to the soft logic Holdings ? will it regain ??

@ColomboCSE wrote:

@suku502 wrote:how ,Abans acquisition will affect to the soft logic Holdings ? will it regain ??

අවම ප්‍රාග්ධන ප්‍රමාණාත්මකතා අවශ්‍යතා සපුරා නොමැති බලපත්‍රලාභී මුදල් සමාගම්...

@suku502 wrote:

@ColomboCSE wrote:

@suku502 wrote:how ,Abans acquisition will affect to the soft logic Holdings ? will it regain ??

අවම ප්‍රාග්ධන ප්‍රමාණාත්මකතා අවශ්‍යතා සපුරා නොමැති බලපත්‍රලාභී මුදල් සමාගම්...

THX

@suku502 wrote:it's collecting , and it will touch 15 within next quarter result.

@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.