FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» PLANTATION SECTOR
by God Father Today at 8:19 pm

» People's leasing company, a hidden gem? (an analysis)
by Nandana Withanage Today at 6:56 pm

» CSE to turn bullish after November 14 poll
by samaritan Today at 9:58 am

» PEOPLE'S LEASING BUYING SIGNAL Target Price 19 ..PLEASE KEEP EYE ON THIS..
by nilantha suranga Today at 9:16 am

» Peoples leasing technically positive Target Price Rs 20
by Shiranli Today at 7:43 am

» Quarterly Research Updates (Sep 2024)
by God Father Today at 7:42 am

» Peoples Leasing....!!! whts the target?
by rajithasahan Today at 7:35 am

» PEOPLE'S LEASING & FINANCE PLC
by mafasmunaseer Today at 12:45 am

» Will garment exports to U.S. be taxed under Trump administration?
by Quibit Yesterday at 4:34 pm

» LOLC Holdings & LOFC shines together in LMD's top 20 by profit for FY 23/24
by samaritan Yesterday at 4:12 pm

» Richard Pieris and Company performs better in the absence of its defamed Chairman Dr Sena Yaddehige.
by God Father Yesterday at 12:07 pm

» ANALYSIS: Sri Lanka Car Market 2024
by OC.S Yesterday at 12:11 am

» LOLC's Conrad Dias on digital transformation - LMD tv interviw
by OC.S Yesterday at 12:06 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Fri Nov 08, 2024 11:33 am

» Stocks on the Radar at CSE
by Rare Fri Nov 08, 2024 11:30 am

» Sri Lanka rupee closes at 275/290 to the US dollar
by Rare Fri Nov 08, 2024 11:17 am

» How would Donald Trump Presidency impact Future Sri Lanka?
by God Father Fri Nov 08, 2024 12:52 am

» Sri Lanka strikes Gold at Wanderlust travel awards 2024
by samaritan Thu Nov 07, 2024 12:24 pm

» Suspension of "Parate rule" to end...
by deli Wed Nov 06, 2024 8:29 am

» Top 10 Listed Companies in Sri Lanka - 2024
by deli Wed Nov 06, 2024 8:23 am

» John Keells Holdings PLC share is worth LKR 17/= after Rights Issue and Sub-Division of shares
by God Father Tue Nov 05, 2024 10:02 pm

» LOLC Tech & Sanfer partnership to reshape digital transformation on a global scale
by samaritan Fri Nov 01, 2024 10:04 am

» TILE AND CERAMIC SECTOR
by OC.S Wed Oct 30, 2024 12:23 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)

+60
K.R
ErangaDS
RJ1010
engineer
judecroos
xhora
jaya
Love Boy
kanchpre
srad11
KavinduTM
Dil123
kumarweerarathne
Gajaya
ColomboCSE
Sajeewa Niranjan
ipo
NANDANA2012
abey
Quibit
ThilinaM
KOLAA
nuwanmja
Beta1
Winner123
nosf76677
glad
EquityChamp
roshan1039
Cricketman
shalika.56
fireshelter
arun.cse
wisdom79
moneymakerlk
karuna2
Yahapalanaya
hammurabi
sanjulanka
Miss-Sangeetha
Soilconomy
Uaecoindubai
Lucky Gamage
aero
Jaya sri
dow
bullstreet
GameUP1030
karuna
capitallinkceylon
bullseye
Aubrey Perera
navipayagala
Ok One
sharemarket
TraderCSE
NZ BOY
nis2010
SLBOY
Teller
64 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9, 10  Next

Go down  Message [Page 9 of 10]

201SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty AAIC - Profit over one billion!!!!! Tue Oct 29, 2019 4:18 pm

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

Time to start again.

Profit....
2017 profit  1526m 
2018 profit   3336m
2019 profit   must be above 6000m??????

ALL will be ok.

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

[size=48]Softlogic Life only Lankan company in Forbes’ Asia’s Best Under A Billion 2019[/size]



[size=17]Sri Lanka’s fastest-growing life insurer Softlogic Life as made it to the Forbes Asia’s Best Under A Billion 2019 list, a business ranking which spotlights Asia’s 200 top-performing listed companies with less than $ 1 billion in revenue with consistent top- and bottom-line growth. Softlogic Life is the only company in Sri Lanka and one of the only two insurance companies in the Asian region to achieve this momentous feat.  

Forbes shortlisted Softlogic Life from 1,400 finalists, which was based on a universe of 19,000 candidates, for passing their criteria for profitability, growth and modest indebtedness. Softlogic Life was placed in the final 200 for producing the highest sales and earnings per share growth for both the most recent fiscal year and the last three-year period, as well as the strongest one- and a five-year average return on equity. 

During the last financial year, Softlogic Life executed yet another superlative financial performance by achieving its highest-ever top line and bottom line. In the previous five years, the company has consistently doubled its market share and reached 12.5% at the end of 2018 and a revenue growth of 33% compared to the average industry growth of 12%. By consistently delivering outstanding financial results, Softlogic life has earned the distinction of being the fastest to cross the milestone of recording GWP (Gross Written premium) of Rs. 10 billion within just 19 years of operation. Softlogic Life recorded a compound annual growth of 35% over the last five years against an industry figure of 16% reflecting the efficacy of their systems, processes and people.

Commenting on Softlogic Life’s world-class recognition, Chairman Ashok Pathirage said, “It is indeed a great pride to be included in this year’s Best Under A Billion 2019 by Forbes, which places us among the most respected organisations in Asia. The company’s ability to grow at more than double the industry growth and our efforts in the industry as a leading innovator to harness the power of technology to uplift our processes to deliver speed, efficiency and convenience to our valuable customers have been recognised by Forbes. This is a testament to all the hard work we have put towards excelling in all fronts for years.”  

“We have been able to introduce a new ethos in the market by giving a new face to life insurance to help our customers live their lives to the fullest. The company has been constantly embracing disruptive and creative innovations to offer a plethora of digital-first initiatives to elevate the standards of Sri Lanka by bringing together world-class solutions that enhance the quality of life of customers while becoming the most preferred, proactive Life insurance provider. We are well set for a record-breaking journey ahead, as we have already laid a solid foundation with proven business strategies to sustain the present rapid growth momentum,” Pathirage further commented. 

Forbes’ Annual Best Under A Billion list spotlights 200 small and midsized publicly listed enterprises in the Asia-Pacific region with sales under $1 billion and a track record of strong earnings growth. These companies posted more than 50% average growth in annual net profit and sales in their latest financial year, to a combined $10 billion and $54 billion, respectively.

Softlogic Life Insurance PLC is a subsidiary of Softlogic Capital PLC and is part of the Softlogic Group, which is recognised as one of Sri Lanka’s most diversified and fastest-growing conglomerates with interests in Healthcare, Retail, ICT, Leisure, Automobiles and Financial Services. Significant stakeholders in the company include global investors; DEG and Leapfrog Investments.
[/size]

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

Over 60/- short term sure

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

All the quarters has got the best profits in 1919

First quarter           744 m
Second quarter     1208 m
Third quarter        1558 m
Waiting for  next quarter....!!!!!

Revenue over  9b, so what to boast!!!!

Do the best and get the best........!!!!

Good luck!!!

No limit its moving........!!!

205SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty AAIC - Profit over 3 billion!!!!! Wed Dec 04, 2019 7:26 am

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

[size=48]Softlogic Life launches first-ever postal insurance plan in partnership with Postal Department

[/size]

[size]



Comments / SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 V-icon4 5 Views / Wednesday, 4 December 2019 01:32

TwitterFacebookWhatsApp
[/size]



[size=17]SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Image_9842602ae2
Post Master General Ranjith Ariyaratne (left) and Softlogic Life Managing Director Iftikar Ahamed exchanging the agreement
[/size]

  • To bring about greater quality of life to whole of Sri Lanka 
  • A life cover of Rs. 150,000 for just Rs. 5 a day
  • Sign up for life insurance from comfort of home with help of trusted postman

[size][size]
Sri Lanka’s fastest-growing life insurer, Softlogic Life, made its entry into the previously untapped micro-insurance market recently with the introduction of Postal Life Insurance Policies. The company intends to introduce these life solutions by leveraging a key partnership with the Sri Lankan Postal Department’s island-wide network of post offices.  

Ensuring every Sri Lankan’s right to health and life insurance, Softlogic Life has introduced two policy plans of Rs. 150,000 and Rs. 300, 000 which cover both natural and accidental deaths. The uniqueness of these covers is that the person signing up for the protection can add his or her life partner into the cover as well. In the case of hospitalisation, both the policy owner and the beneficiary are eligible for several attractive benefits.

“Universal access to health coverage and healthcare is a basic human right and as such, should be worked towards ensuring all Sri Lankans to have access in any form or manner. By having a health or life insurance cover, people can avert themselves from the financial burden of sudden events, such as the loss of a loved one or falling ill. For these sudden needs, it is always better to set aside a sum of money every month through an insurance cover which gives us fundamental stability, interms of providing the ability to give best of healthcare possible or the ability to provide a stable life for the family after the breadwinner's death and therefore mental freedom. Overall, insurance penetration in Sri Lanka has been at 1.26% in 2018, which means healthcare expenditure is borne by individuals, apart from the few who are covered under health/critical illness insurance policies.” Softlogic Life Managing Director, Iftikar Ahamed said.  

He added: “At Softlogc Life, our vision is to uplift the quality of lives of all Sri Lankans and we believe that providing comprehensive, universally relevant, long-term healthcare insurance policies which ensure affordable access to healthcare for all Sri Lankansis a great means of achieveing that. In this spirit, Softlogic Life is proud to present the Postal Insurance Policy, which will allow any individual across the island to access the best healthcare facilities at an affordable price.”

The Postal Life Insurance from Softlogic Life can be now obtained from over 8000 postmen or post office counters across Sri Lanka. Customers can register for the service, pay monthly instalments and request claims by using a mobile phone. Every transaction that has taken place will be communicated to the customer through an SMS. 

“Insurance in Sri Lanka is a significantly under-penetrated segment when compared to other regional countries like Thailand and Malaysia. It is important that untapped segments of the population have access to affordable healthcare as it is a universal right and as one of the oldest and most highly spread networks in Sri Lanka, we are extremely proud to be the platform through which they will have access to better life insurance solutions. We are happy that over 8,000 postal workers across the nation will be utilised to support this endeavour, initiated by a 100% home-grown brand like Softlogic Life,” said Post Master General Ranjith Ariyaratne said.   Any person between the ages of 16 and 60 are eligible for the postal insurance that could be obtained for themselves or add their life partners to their policy. Personal coverage packages include one for Rs. 150 or Rs.300 per month. If a life partner is added, packages upto Rs. 250 or Rs. 300 per month. Under these different packages, policyholders can sign up for coverage that can go up to a maximum of Rs. 1 million. 

The most profitable and popular life insurance in Sri Lanka.

Now it is time to move up the sector....
Good investment!!![/size][/size]

206SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Wed Dec 04, 2019 12:30 pm

ipo

ipo
Equity Analytic
Equity Analytic

Still no much appreciation from the market

Teller

Teller
Moderator
Moderator

SHL group is in mid term crisis which will effect AAIC as a sister effect but not much

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

You may be correct but AAIC has only profit within 5 years.

Even the April quarter they have done well.

Time will answer the problem. I feel like some one is collecting it showing a selling pressure.

Good luck!!!!

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

I got a news about this deal. They will sell off AAIC at 55 level.

After Ashok Pathirage got the chairman post of Air Lanka, he has taken a decision about this. But value of AAIC must be above 100 because it has many properties such as ODEL, ASIRI.....etc. As well as all the quarters they have got only profit. So future is clear!!!!

So life will be better in future with AAIC.

So keep your eyes on it.

Good luck......!!!!

210SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Wed Dec 18, 2019 11:20 pm

Teller

Teller
Moderator
Moderator

This time Ashok will not do any thing because his softlogic holding is running with billion loss now. Thats why they had to do 1.5 Billion cash flow absorbs through debentures. Only possible scenario he will use some pump and dump using this fund with recent appointed position

211SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Thu Dec 19, 2019 12:38 pm

Sajeewa Niranjan


Senior Equity Analytic
Senior Equity Analytic

@Teller Can you please tell us couple of good 
recommendation to buy these days most of the brokers are not giving proper information... Crying or Very sad Crying or Very sad Crying or Very sad

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

Is Softlogic bought Asian Alliance @ LKR 120 rit?

Gajaya


Equity Analytic
Equity Analytic

bump

Teller

Teller
Moderator
Moderator

Currently keep money in hand, dont buy anything

215SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Thu Dec 19, 2019 10:57 pm

Sajeewa Niranjan


Senior Equity Analytic
Senior Equity Analytic

Teller wrote:Currently keep money in hand, dont buy anything
Thank you for the advice... Very Happy Very Happy Very Happy

216SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Fri Dec 20, 2019 11:40 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Buy AAIC, collection is over. They have a profit than they expected. so better investment.

Good luck!!!

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

wisdom79 wrote:Buy AAIC, collection is over. They have a profit than they expected. so better investment.

Good luck!!!


who is "They" Softlogic ? LOL  Laughing Laughing Laughing

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

AAIC is getting hotter. During January and February it moves its highest!!!!

WE can hope 60 this time......!

219SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Tue Dec 24, 2019 10:22 pm

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

This guy was promoting this share when it ws at 42 leves saying dat this wil hav profit of 3b bla bla and reach 60++ , and share dipped to 38 after recording low revenue in prev Q.. and again barking here... beware..!!

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

See the report and talk. Compare with other insurance companies.

Then loll.......!!!!!

AAIC is the best at the moment. It must move up soon.

Dil123


Stock Analytic
Stock Analytic

Does anyone have any news about the progress of AAICs expansion to Africa?

222SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Thu Jan 16, 2020 11:31 am

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@Wisdom දැන් සනීපද, දැන්වත් විකුනගනින් 😂

223SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 9 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Thu Jan 16, 2020 11:45 am

KavinduTM

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

kumarweerarathne wrote:@Wisdom දැන් සනීපද, දැන්වත් විකුනගනින් 😂

lol!

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

big quantity crossed at 37 and it has a great profit above 3 billion. So why to sell off in vain.

I am waiting while collecting!!!!!!!

Lollll!!!!!

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

I'm wondering why Mr. Pathirage didn't buy this b'cos he was brought this 2011 LKR120...

remind me old days Mr. Jayawardhana Vs Mr. Pathirage @ Asiri group... Mr. Pathirage entered Asiri and Mr. Jayawardhana  exit.

now again Mr. Jayawardhana entered Softlogic Life...

Teller

Teller
Moderator
Moderator

These all are part of the dirty game. Local businessman manipulate the market artificially with their own foreign companies . SOftlogic holding group is going to bankruptcy now. They are shortage of huge cash thats the reason they issued debentures . At leat another 5 billion requires to run the business. I believe SHL share price will come below 10/-

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

@Teller - what you think about SCAP . it seems undervalued?? i have not done a detail analysis

Teller

Teller
Moderator
Moderator

Dont touch SCAP, even its the holding company

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

@Teller - what is the value of softlogic life . im thinking to buy if it come below 27??? Slife is growing very fast.
it many be the future ??? what do u think???

Teller

Teller
Moderator
Moderator

From begining i was recomeding this share , even earlier prior to split. You can read my articles . How ever recent market doesnt have wings. So 50:50

Sponsored content



Back to top  Message [Page 9 of 10]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9, 10  Next

Permissions in this forum:
You cannot reply to topics in this forum