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

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Today at 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Today at 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Yesterday at 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:38 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Wed Apr 24, 2024 10:20 am

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Wed Apr 24, 2024 8:37 am

» COCR IN TROUBLE?
by D.G.Dayaratne Tue Apr 23, 2024 7:59 pm

» Sri Lanka confident of speedy debt resolution as positive economic reforms echoes at IMF/WB meetings
by samaritan Mon Apr 22, 2024 9:28 am

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by LAMDA Mon Apr 22, 2024 12:58 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

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

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL)

4 posters

Go down  Message [Page 1 of 1]

DeepFreakingValue

DeepFreakingValue
Manager - Equity Analytics
Manager - Equity Analytics

Loss making Softlogic Capital PLC (SCAP) invest in its own parent company Softlogic Holding PLC (SHL) in a bid to save the falling conglomerate.

- Softlogic Capital PLC (SCAP) invest over LKR 1.2bn in Commercial Paper of Softlogic Holdings PLC (SHL) as per the stock market disclosure.
- SHL group liabilities exceeds LKR 200bn with over LKR 42bn interest bearing liabilities.
- SHL group losses exceeds LKR 4.4bn during the Quarter ended 30th June 2022 with over LKR 2bn losses from derivative investments.
- Share trading of SHL is currently suspended by the Colombo Stock Exchange (CSE) due to non submission of accounts.
- SHL owns more than 77% of the shareholdings of SCAP
- SCAP has Invested in SHL an amount in excess of 5% of its own equity value.
- SCAP reported a loss of LKR 545mn for the 6 months ended 30th Sept 2022 at company level.
- SCAP Earnings Per Share (EPS) for the 6 months ended 30th Sep 2022 is negative LKR 0.58 and Net Asset Value (NAV) is LKR 5.32


FINANCIAL POSITION OF SOFTLOGIC CAPITAL PLC

Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Screen99
Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Screen97

https://cdn.cse.lk/cmt/upload_report_file/1100_1668421625298.pdf

SHAREHOLDERS OF SOFTLOIC CAPITAL PLC
Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Screen98

Stock Market Announcement
Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Scree101

https://cdn.cse.lk/cmt/announcement_portal_prod/announcment%20-%20rpt_33475648639402.pdf

What is Wrong with SOFTLOGIC HOLDINGS PLC (SHL.N000)

- Softlogic Holdings PLC (SHL) stock market trading suspended by the CSE due to non submission of accounts.
- SHL group losses exceeds LKR 4.4bn during the Quarter ended 30th June 2022.
- Net Change in the Fair Value of derivative financial instruments exceeds LKR 2bn
- Import restrictions continue to affect retail segment of SHL.
- Total SHL Group Liabilities exceeds LKR 200bn with over LKR 42bn interest bearing liabilities.
- Shareholders funds declined more than LKR 5bn within last 12 months from LKR 18bn to LKR 13bn.
- Net Asset Value per share of SHL is less thanLKR 12/= whilst share last traded at LKR 16/=
- Loss of Investor trust and confidence in the company due to non compliance of listing rules

https://www.srilankachronicle.com/t62836-what-is-wrong-with-softlogic-holdings-plc-shl-n000

May Day! alert from SOFTLOGIC FINANCE PLC (CRL.N0000) yet another  subsidiary of Softlogic Holdings

- CRL Retained Losses exceeds LKR 3.2bn with LKR 332mn loss in FY 2022
- Depositors liabilities exceeds LKR 17bn.
- Cash/Near Cash liquid assets of less than LKR 800mn.
- Decline of lease and loans receivables portfolio up to 10%
- Rights issue to raise LKR 850mn from existing shareholders in a depressed stock market conditions.
- Majority shares are held by Softlogic Capital PLC and Softlogic Holdings PLC.

https://www.srilankachronicle.com/t62781-may-day-alert-from-softlogic-finance-plc-crl-n0000

Riz123


Manager - Equity Analytics
Manager - Equity Analytics

DeepFreakingValue wrote:Loss making Softlogic Capital PLC (SCAP) invest in its own parent company Softlogic Holding PLC (SHL) in a bid to save the falling conglomerate.

- Softlogic Capital PLC (SCAP) invest over LKR 1.2bn in Commercial Paper of Softlogic Holdings PLC (SHL) as per the stock market disclosure.
- SHL group liabilities exceeds LKR 200bn with over LKR 42bn interest bearing liabilities.
- SHL group losses exceeds LKR 4.4bn during the Quarter ended 30th June 2022 with over LKR 2bn losses from derivative investments.
- Share trading of SHL is currently suspended by the Colombo Stock Exchange (CSE) due to non submission of accounts.
- SHL owns more than 77% of the shareholdings of SCAP
- SCAP has Invested in SHL an amount in excess of 5% of its own equity value.
- SCAP reported a loss of LKR 545mn for the 6 months ended 30th Sept 2022 at company level.
- SCAP Earnings Per Share (EPS) for the 6 months ended 30th Sep 2022 is negative LKR 0.58 and Net Asset Value (NAV) is LKR 5.32


FINANCIAL POSITION OF SOFTLOGIC CAPITAL PLC

Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Screen99
Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Screen97

https://cdn.cse.lk/cmt/upload_report_file/1100_1668421625298.pdf

SHAREHOLDERS OF SOFTLOIC CAPITAL PLC
Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Screen98

Stock Market Announcement
Softlogic Capital (SCAP) invest in its own parent company Softlogic Holdings (SHL) Scree101

https://cdn.cse.lk/cmt/announcement_portal_prod/announcment%20-%20rpt_33475648639402.pdf

What is Wrong with SOFTLOGIC HOLDINGS PLC (SHL.N000)

- Softlogic Holdings PLC (SHL) stock market trading suspended by the CSE due to non submission of accounts.
- SHL group losses exceeds LKR 4.4bn during the Quarter ended 30th June 2022.
- Net Change in the Fair Value of derivative financial instruments exceeds LKR 2bn
- Import restrictions continue to affect retail segment of SHL.
- Total SHL Group Liabilities exceeds LKR 200bn with over LKR 42bn interest bearing liabilities.
- Shareholders funds declined more than LKR 5bn within last 12 months from LKR 18bn to LKR 13bn.
- Net Asset Value per share of SHL is less thanLKR 12/= whilst share last traded at LKR 16/=
- Loss of Investor trust and confidence in the company due to non compliance of listing rules

https://www.srilankachronicle.com/t62836-what-is-wrong-with-softlogic-holdings-plc-shl-n000

May Day! alert from SOFTLOGIC FINANCE PLC (CRL.N0000) yet another  subsidiary of Softlogic Holdings

- CRL Retained Losses exceeds LKR 3.2bn with LKR 332mn loss in FY 2022
- Depositors liabilities exceeds LKR 17bn.
- Cash/Near Cash liquid assets of less than LKR 800mn.
- Decline of lease and loans receivables portfolio up to 10%
- Rights issue to raise LKR 850mn from existing shareholders in a depressed stock market conditions.
- Majority shares are held by Softlogic Capital PLC and Softlogic Holdings PLC.

https://www.srilankachronicle.com/t62781-may-day-alert-from-softlogic-finance-plc-crl-n0000

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

සුවර් එකටම ලොස් making ? අද trade වෙන විදියට මේක බොරුවක් නේද Rolling Eyes ?

Riz123


Manager - Equity Analytics
Manager - Equity Analytics

Beyondsenses wrote:සුවර් එකටම ලොස් making ? අද trade වෙන විදියට මේක බොරුවක් නේද Rolling Eyes ?
Bro last quarter report eka balanna million 500kin vithara eyalage lost eka adu karagena thiyenawa a kiyanne companyak vidiyata balapuwaama hondata  karala thiyenawa next quarter ekath me widiyata keruwoth honda profit ekak pennanna puluwan wey

SAGA


Moderator
Moderator

I think it will take the same path as LDEV.they turned the business in to profit and it shoot up from 5/= levels to now 35/=.

Rational Investor and Riz123 like this post

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

සාමාන්‍යයෙන් පහන් දැල්ලක් නිවෙන්න කලින් ලොකු එළියක් දෙනවා තෙල් ඉවර වෙද්දී . අළුතෙන්ම trade කරන කස්ටිය පරෙස්සම් වෙන්න " falling knives " අල්ලන්න යන්න එපා.ලංකාවේ negative marketing තමයි trend එක , අපි බංකොලොත් නැහැ කියන්නෙම බංකොලොත් කියන එකමයි. Wink

Riz123


Manager - Equity Analytics
Manager - Equity Analytics

SAGA wrote:I think it will take the same path as LDEV.they turned the business in to profit and it shoot up from 5/= levels to now 35/=.
you got it bro SCAP will shoot up before LOFC,

Sponsored content



Back to top  Message [Page 1 of 1]

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