Softlogic Holdings (SHL)

salt · 1 Softlogic Holdings (SHL) Wed Apr 17, 2013 1:42 pm

salt

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Softlogic Holdings (SHL)
I would like to restart the discussion about it. We talk lot about small companies like HVA. SHL has been edging up slowly, moreover , they are restructuring the group.
Shouldn't forget , SHL is now very well diversified conglomerate

Warning: I am long (small quantity) ,plan to take major exposure of my portfolio. 5-10%

Reason

Its trading close to NAV - assets are land & building, stocks & financials assets
I
- t had done lots of restructuring , reducing burden of debt and aligning its interest
- Easing interest rates should support
- Hospital business is going well
- Financial services have had a bad patch, should be better in the future if not shouldn't be bad
- Electronic & MV business - position neatral
Only worry about hotels

http://forum.srilankaequity.com/t27221-softlogic-holdings-lkr-1000

kalum · 2 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 1:55 pm

kalum

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I hold very few shares around 2k with a loss.
The loss made with early intervention but i kept collect 100 by 100 when it falls to 10.00.
still, i am collecting 100's and my target is to collect least 5k in 10-11 range.
I agree the most of the things you mentioned. i would like to gain 50% by next year by this share.
Personally i think SHL will be a good share in long run. (may be in 3-5 years.)

Aubrey Perera · 3 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 3:27 pm

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Certain investments made thought will be negative impact on group? Mango and Mother care etc. not doing too good.

sisira.wijeweera · 4 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 4:28 pm

sisira.wijeweera

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Will see tomorow Very Happy

Leon · 5 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 5:00 pm

Leon

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sisira.wijeweera wrote:Will see tomorow

If you don't get upset, I suggest you to see SHL in 2-3 years time. This is my debut share and I got burnt my fingers. But now I have made up my mind to take care of this as long term.And I collect once the share hits low levels.
At the moment SHL is diversified to become the next JKH Very Happy

.
It will take time, Mr. Ashok is a shrewd man and we are better to be patient.

salt · 6 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 5:56 pm

salt

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Leon wrote:

sisira.wijeweera wrote:Will see tomorow

It will take time, Mr. Ashok is a shrewd man and we are better to be patient.

be patient, but don't be a patient of SHL subs Smile

Yes, this should come out strongly the way it is going.

kalum · 7 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 1:06 am

kalum

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Leon wrote:

sisira.wijeweera wrote:Will see tomorow

If you don't get upset, I suggest you to see SHL in 2-3 years time. This is my debut share and I got burnt my fingers. But now I have made up my mind to take care of this as long term.And I collect once the share hits low levels.
At the moment SHL is diversified to become the next JKH .
It will take time, Mr. Ashok is a shrewd man and we are better to be patient.

yeah, that is the long run expectation but i feel how far it is fair to compare with JKH Very Happy

btw, I dont think we'll see real turn out in 2-3 years. i would say the real value will take least 5 years. Cool

so i have many more time to collect it 100 by 100 cheers

sisira.wijeweera · 8 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 7:56 am

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Today i am feeling if market up SHL will up 11-12-13 Next week sunny

anges · 9 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 1:04 pm

anges

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as u guys said gud for collection in the long run ! short term no hope !investments of the company on a long term looks gud

sisira.wijeweera · 10 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 5:19 pm

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January 2013 SHL up 13 may be this time will be up today also moving 10.6-11

NEM · 11 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 5:33 pm

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SHL is a good long term investment, if you wish to get quick returns its better to buy another share. As a long term investment this would be great

Gaja · 12 Re: Softlogic Holdings (SHL) Wed Apr 24, 2013 1:28 pm

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Buyers at 11 now

sisira.wijeweera · 13 Re: Softlogic Holdings (SHL) Wed Apr 24, 2013 11:01 pm

sisira.wijeweera

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Friday SHL up 10.9-13

sisira.wijeweera · 14 Re: Softlogic Holdings (SHL) Sat May 11, 2013 11:22 am

sisira.wijeweera

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sisira.wijeweera wrote:Today i am feeling if market up SHL will up 11-12-13 Next week

That day i hold 50000 shares but now i don't have but shl wil be up now i have greg i am felling next week up but not sure if u buy low price low risk alien

Backstage · 15 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:12 pm

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From a street eye point of view, their retail expansion has been very aggressive. In the last two years they have opened a whole lot of retail outlets i Colombo and the suburbs. The Colombo rentals seems to be on pricey
rentals, I don't know about the provinces. As Abans has been struggling with their after sales service (an Abans directors wife told me that they now buy E goods from Singer as the Abans after sales wouldn't even response to their needs Very Happy

) I inquired from an entrepreneur in the industry as to how SL is coping and his opinion was that they are heading for a big mess.

This is only in relation to their E sales situ and its a layman's point of view.

Slstock · 16 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:18 pm

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What did you mean by E? ( Online or Electronic or?)

Backstage wrote:From a street eye point of view, their retail expansion has been very aggressive. In the last two years they have opened a whole lot of retail outlets i Colombo and the suburbs. The Colombo rentals seems to be on pricey
rentals, I don't know about the provinces. As Abans has been struggling with their after sales service (an Abans directors wife told me that they now buy E goods from Singer as the Abans after sales wouldn't even response to their needs ) I inquired from an entrepreneur in the industry as to how SL is coping and his opinion was that they are heading for a big mess.

This is only in relation to their E sales situ and its a layman's point of view.

Backstage · 17 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:21 pm

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slstock wrote:What did you mean by E? ( Online or Electronic or?)

Backstage wrote:From a street eye point of view, their retail expansion has been very aggressive. In the last two years they have opened a whole lot of retail outlets i Colombo and the suburbs. The Colombo rentals seems to be on pricey
rentals, I don't know about the provinces. As Abans has been struggling with their after sales service (an Abans directors wife told me that they now buy E goods from Singer as the Abans after sales wouldn't even response to their needs ) I inquired from an entrepreneur in the industry as to how SL is coping and his opinion was that they are heading for a big mess.

This is only in relation to their E sales situ and its a layman's point of view.

Electronic, mainly relevant to white goods.

cseguide · 18 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:33 pm

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good study from salt and now @12 .I personally believe that it will go further up slowly

Slstock · 19 Re: Softlogic Holdings (SHL) Sat May 11, 2013 6:05 pm

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I think the recent large purchases were by Mr AP himself. He need to average what he bought over Rs 20+ too. Atleast he was with his company along the way.

With years to come with good managing, SHL can grow into a good conglomerate.

Some facts from the past :

Leaving aside the SHL earning issue now, we must not forget this is a heavy weight share that was overvalued and oversubscribed at RS 29. If it was good for promotion by JKSB as below

"John Keells Stock Brokers (JKSB) is recommending the Softlogic Holdings Ltd.’s Rs. 4 billion IPO as ‘subscribe.’ “At an issue price of Rs. 29, the counter trades at a P/Ex of 12.9x FY12E and 8.6x FY13E earnings which is a discount to peers despite offering superior near term earnings growth rates and exhibiting higher returns on equity. We recommend SUBSCRIBE,” JKSB said in a Research publication. "

then for long term , buying around Rs 10-11 is not bad if you trust the management.

SHL and EXPO showed us what lower PP and then selling to public at high does ( bad move) . SHL PP was at Rs 7.2 and sold to public at Rs 29! Lot of us mentioned this issue at that time.

But now the SHL is at a different level.

For further reading the amazing earning predictions byJKSB is below
http://www.ft.lk/wp-content/uploads/file/DFT-24.jpg

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Softlogic Holdings (SHL)

1 Softlogic Holdings (SHL) Wed Apr 17, 2013 1:42 pm

salt

2 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 1:55 pm

kalum

3 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 3:27 pm

Aubrey Perera

4 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 4:28 pm

sisira.wijeweera

5 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 5:00 pm

Leon

6 Re: Softlogic Holdings (SHL) Wed Apr 17, 2013 5:56 pm

salt

7 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 1:06 am

kalum

8 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 7:56 am

sisira.wijeweera

9 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 1:04 pm

anges

10 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 5:19 pm

sisira.wijeweera

11 Re: Softlogic Holdings (SHL) Thu Apr 18, 2013 5:33 pm

NEM

12 Re: Softlogic Holdings (SHL) Wed Apr 24, 2013 1:28 pm

Gaja

13 Re: Softlogic Holdings (SHL) Wed Apr 24, 2013 11:01 pm

sisira.wijeweera

14 Re: Softlogic Holdings (SHL) Sat May 11, 2013 11:22 am

sisira.wijeweera

15 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:12 pm

Backstage

16 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:18 pm

Slstock

17 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:21 pm

Backstage

18 Re: Softlogic Holdings (SHL) Sat May 11, 2013 5:33 pm

cseguide

19 Re: Softlogic Holdings (SHL) Sat May 11, 2013 6:05 pm

Slstock

20 Re: Softlogic Holdings (SHL)

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