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Turnaround expected in 2024/25.SHL is financially strong and solvent at company level despite issues at group level.Solid Turnaround Strategy in place.Stock Trading to commence shortlySolid Turnaround Strategy
Solid Turnaround Strategy proposed and accordingly turnaround can be expected in 2024/25
https://cdn.cse.lk/cmt/announcement_portal_prod/Softlogic%20Holdings%20PLC%20-Independent%20Auditors%20Auditor's%20Report%20Containing%20a%20qualified%20Audit%20Opinion%20and%20Emphasis%20of%20going%20concern_20356827593449469.pdf
SHL: Company Level Balance Sheet
SHL company level balance sheet remain strong and solvent despite issues at group level. Financial Position expected to improve as per proposed divestment of loss making subsidiaries.
https://cdn.cse.lk/cmt/upload_report_file/1075_1701694920450.pdf
Share Price Movement
SHL last traded around LKR 15.90/= levels prior to suspension and expected to fall further. Good opportunity to buy below LKR 10/=.
This is not and an Investment Advise
No Comment.