SELL - FoxLogica

📉 UCAPM: SELL Signal (7/10) – UCAPM | Unicap Modaraba Disclosure of Change in Interest by Shareholder

⚡ Flash Summary

Map Out Management Company (Private) Limited, a shareholder of Unicap Modaraba, executed multiple sell transactions on October 23, 2025. A total of 382,000 shares were sold at a rate of PKR 7.03 per share. The transactions were all executed electronically. These transactions will be presented at a subsequent board meeting for consideration as per PSX regulations.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

🚨 Map Out Management Company sold shares.
📅 Transactions occurred on October 23, 2025.
📉 A total of 382,000 shares were sold.
💰 Sale price per share: PKR 7.03.
💻 All transactions were electronic.
🏢 Transactions to be reviewed by the board.
📜 Compliant with PSX regulations.
💼 Map Out Management is a key shareholder.
⚠️ Change in shareholder interest disclosed.
🔍 Further details to be presented in a board meeting.

🎯 Investment Thesis

Based on the disclosure of share sales by a major shareholder, a SELL recommendation is warranted. The sale might indicate concerns about the company’s future prospects. Investors should consider reducing their exposure to Unicap Modaraba. Price target is PKR 6.50, with a short-term time horizon.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements Signal: SELL UDLI

📉 UDLI: SELL Signal (7/10) – Detail of Interest by an Associated Company

⚡ Flash Summary

On October 31, 2025, First UDL Modaraba Staff Provident Fund, an associated company, sold 50,706 shares of UDL International Limited at a rate of PKR 19.86 per share. The transaction was executed on the ‘Ready’ market for CDC (Central Depository Company) share certificates. Following this transaction, the cumulative shareholding of First UDL Modaraba Staff Provident Fund stands at 117,000 shares, representing 0.33% of the company. This disclosure indicates a potential shift in the holdings of associated entities, which could influence investor sentiment.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📝 UDL International Limited disclosed a sale of shares by an associated company.
🏢 The associated company involved is First UDL Modaraba Staff Provident Fund.
📉 50,706 shares were sold by the associated company.
📅 The transaction took place on October 31, 2025.
💹 The shares were sold at a rate of PKR 19.86 per share.
📊 The transaction was executed in the ‘Ready’ market for CDC share certificates.
📉 Following the sale, the cumulative shareholding is 117,000 shares.
💼 The cumulative shareholding represents 0.33% of the company.
📜 The disclosure is related to a transaction executed by an associated company.
📢 The transaction will be presented in the subsequent board meeting.
💼 Muhammad Faisal Siddiqui, Company Secretary, signed the disclosure.
📍 The company’s head office is located in Karachi.
🌐 The company’s website is www.udl.com.pk.
📧 The company’s email address is info@udl.com.pk.

🎯 Investment Thesis

Given the sale of a small portion of shares by an associated company, a HOLD recommendation is appropriate for UDL International Limited. The transaction does not fundamentally alter the company’s financials or long-term prospects, but it warrants monitoring for any further actions by associated entities. The current market conditions and sector dynamics should also be considered. Price Target: Maintain existing target. Time Horizon: Medium Term

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements CFL Signal: SELL

📉 CFL: SELL Signal (8/10) – FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Crescent Fibres reported a net loss for the quarter ended September 30, 2025, reversing from a profit in the same period last year. Sales decreased significantly, contributing to a gross loss compared to a gross profit last year. The company did not declare any cash dividend, bonus shares, or right shares. Despite these challenges, there was a notable increase in surplus on revaluation of property, plant, and equipment.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Sales decreased to PKR 1,011.74 million from PKR 1,548.04 million YoY.
😔 Gross loss of PKR 7.96 million compared to a gross profit of PKR 19.95 million YoY.
⚠️ Operating loss widened to PKR 37.64 million from PKR 16.31 million YoY.
💸 Financial charges decreased to PKR 37.15 million from PKR 64.68 million YoY.
❌ Loss before taxation increased to PKR 87.55 million from PKR 100.66 million YoY.
🧾 Taxation shows income of PKR 9.65 million compared to income of PKR 4.14 million YoY.
⛔ Net loss for the period is PKR 77.90 million compared to a net loss of PKR 96.52 million YoY.
📉 Loss per share is PKR 6.27 compared to a loss per share of PKR 7.77 YoY.
✅ Surplus on revaluation of property, plant and equipment increased significantly to PKR 838.48 million.
💰 Cash and cash equivalents decreased to PKR 20.18 million from PKR 41.94 million since June 30, 2025.
🚫 No cash dividend, bonus shares, or right shares were declared.
⬆️ Trade debts decreased to PKR 834.76 million from PKR 892.96 million since June 30, 2025.
⬆️ Short term borrowings increased to PKR 503.65 million from PKR 408.97 million since June 30, 2025.

🎯 Investment Thesis

SELL. The declining sales and net loss, coupled with increasing short term borrowings, create a concerning outlook. While the revaluation of assets provides some cushion, the core business performance is weak. Price Target: PKR 15.00, Time Horizon: 6 months.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements Signal: SELL TSPL

📉 TSPL: SELL Signal (9/10) – Unusual Movement in Price of the Shares

⚡ Flash Summary

Tri-Star Power Ltd. (TSPL) has reported to the Pakistan Stock Exchange (PSX) that it has observed price manipulation of its shares through illegal and unlawful means. Certain individuals and entities have allegedly attempted to manipulate the price, violating Pakistani laws and regulations, including the Companies Act, Securities Act, and regulations set forth by the Securities and Exchange Commission of Pakistan (SECP). The company highlights concerns that several companies, including Crescent Star Insurance Ltd., Weavers Pakistan (Pvt) Ltd., Bawany Air Products Ltd., and KM Enterprises (Pvt) Ltd., are orchestrating an arbitrary and illegal takeover by circumventing regulatory prerequisites. TSPL management believes a group is attempting to disrupt its operations through various illegal tactics.

Signal: SELL 📉

Strength: 9/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

🚨 TSPL reports observing price manipulation of its shares.
🚫 Illegal and unlawful means are allegedly being used to manipulate the price.
🏛️ Violations of the Companies Act 2017, Securities Act 2015, and SECP regulations are claimed.
🎯 Companies including Crescent Star Insurance, Weavers Pakistan, Bawany Air Products, and KM Enterprises are suspected of orchestrating a takeover.
🤝 These companies allegedly issued disclosures under Section 110(1) of the Securities Act, 2015 upon allegedly acquiring shareholding in TSPL.
😠 TSPL believes the issuance is a malicious scheme for an arbitrary and illegal takeover.
🎭 The involved companies are accused of acting in concert with individuals who previously attempted hostile takeovers.
🚧 The group is allegedly circumventing the Securities Act 2015 and takeover regulations.
🌪️ TSPL suspects a group is disrupting its functioning through illicit activities.
📉 Tactics include cross trades and unwarranted disclosures to create chaos and artificially tamper with stock prices.
💔 The aim is to diminish stakeholder confidence in TSPL.
🔄 Shares acquired by initial acquirers are allegedly internally transferred through fictitious trades.
⚠️ Purported acquirers are believed to be involved in illegal activities.
📢 Tactics include pumping and dumping shares, acting in concert, and price manipulation through fraudulent means.
📉 Artificial selling and speculative trading designed to destabilize the company’s share price.

🎯 Investment Thesis

Given the serious allegations of price manipulation, hostile takeover attempts, and regulatory violations, a SELL recommendation is warranted. The company’s stock price is highly unstable and subject to artificial influences, making it an extremely risky investment. Price Target: To be reassessed after resolution of the alleged manipulation and clarification of the true value of TSPL.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements LSEFSL Signal: SELL

📉 LSEFSL: SELL Signal (8/10) – Financial Results for the Year Ended June 30, 2025

⚡ Flash Summary

LSE Financial Services Limited (LSEFSL) reported its financial results for the year ended June 30, 2025. The company’s revenue decreased to PKR 30.79 million from PKR 39.35 million in the prior year. The company reported a profit after income tax of PKR 18.19 million, significantly lower than the PKR 61.27 million reported in the previous year. The Board has announced an Entitlement Date for the distribution of shares and a book closure period in connection with a Scheme of Arrangement.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Revenue decreased to PKR 30.79 million from PKR 39.35 million YoY.
📉 Profit after income tax declined to PKR 18.19 million from PKR 61.27 million YoY.
⛔ No cash dividend or bonus shares were announced.
📅 Entitlement Date for share distribution set for November 5, 2025.
🔒 Book closure period from November 6 to November 7, 2025.
🗓️ Annual General Meeting scheduled for November 27, 2025.
🚫 Close period for AGM: November 21 to November 27, 2025.
💻 Annual Report to be available on the company website.
💰 Cash used in operating activities: PKR (47.136) million (2025) vs PKR (12.994) million (2024).
🌱 EPS decreased to PKR 0.51 from PKR 1.72 YoY.
🏦 Cash and cash equivalents decreased to PKR 10.03 million from PKR 23.44 million YoY.

🎯 Investment Thesis

Based on the declining revenue, reduced profitability, and decreased EPS, a SELL recommendation is warranted. The company’s performance is concerning, and investors should consider divesting. Given the downward trends, a price target of PKR 10 per share is set (based on market multiples for distressed financial companies), with a short-term horizon (6-12 months) to account for potential further declines.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements CHCC Signal: SELL

📉 CHCC: SELL Signal (7/10) – Publication of Withdrawal of Public Announcement of Intention to acquire up to 84.06% of the issued share capital and joint control of Attock Cement Pakistan Limited

⚡ Flash Summary

Cherat Cement Company Limited and Shirazi Investments (Private) Limited have withdrawn their public announcement of intention to acquire up to 84.06% of the issued share capital and joint control of Attock Cement Pakistan Limited. The initial announcement was made on June 4, 2025. The acquirers, Cherat Cement and Shirazi Investments, decided to withdraw the Public Announcement of Intention (PAI) because negotiations with the seller, Pharaon Investments Group Limited (Holding) S.A.L. Lebanon, did not materialize. This withdrawal is in accordance with Regulation 21(1)(b) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

❌ Cherat Cement and Shirazi Investments withdraw acquisition intention.
📅 Initial announcement of intent was on June 4, 2025.
🤝 Target company was Attock Cement Pakistan Limited.
🏢 Acquirers planned to acquire up to 84.06% of issued share capital.
📉 115,526,349 shares were subject to the acquisition.
🚫 Negotiations with seller PharaonInvestments Group Limited (Holding) S.A.L. Lebanon failed.
📜 Withdrawal based on Regulation 21(1)(b) of takeover regulations, 2017.
🛑 Acquisition plans are terminated.
📰 Public announcement ensures transparency and regulatory compliance.
💼 No transfer of control or ownership will occur.

🎯 Investment Thesis

SELL. The withdrawal of the acquisition attempt indicates potential issues with Attock Cement’s valuation or operational outlook. Without a clear catalyst for future growth or value, a SELL recommendation is appropriate. Further information about Attock Cement’s financials and future plans would be needed to revise this recommendation.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements Signal: SELL

📉 NETSOL: SELL Signal (6/10) – Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations

⚡ Flash Summary

Salim Ullah Ghauri, an Executive Director at NETSOL Technologies Ltd., sold 149,700 shares on November 3, 2025. The transaction was executed in the ready market via CDC at an average rate of 133.11. Following this sale, Ghauri’s cumulative shareholding stands at 816,295 shares, representing 0.91% of the company. This disclosure is in accordance with PSX Regulation 5.6.4 regarding the interest of relevant persons holding company shares.

Signal: SELL 📉

Strength: 6/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

👨‍💼 Salim Ullah Ghauri, an Executive Director at NETSOL, executed the transaction.
🗓️ The transaction occurred on November 3, 2025.
📉 Ghauri sold 149,700 shares of NETSOL.
💸 The sale was executed at an average rate of 133.11 per share.
🏦 The transaction took place in the ready market via CDC.
📉 Post-transaction, Ghauri holds 816,295 shares.
📊 This represents 0.91% of the total shareholding.
📜 The disclosure is in compliance with PSX Regulation 5.6.4.
🏢 NETSOL Technologies Ltd. is the company in focus.
📍 The company’s headquarters are located in Lahore, Pakistan.
✉️ The announcement was addressed to the General Manager of the Pakistan Stock Exchange in Karachi.

🎯 Investment Thesis

HOLD. While the insider selling activity might raise concerns, it’s only one data point. Further investigation into NETSOL’s financials, strategic direction, and industry dynamics is required to form a comprehensive investment thesis. Price target: to be determined based on full financial analysis. Time horizon: Medium Term.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements PESC1 Signal: SELL

📉 PESC1: SELL Signal (7/10) – Transmission of Quarterly Report for the period ended 30-09-2025

⚡ Flash Summary

Power Holding Limited’s condensed statement of profit or loss for the three months ended September 30, 2025, reveals a significant decrease in net profit compared to the same period last year. The net profit after taxation has fallen from PKR 173.11 million in 2024 to PKR 63.73 million in 2025, indicating a substantial downturn in profitability. This decline is largely attributed to a decrease in grants from the power sector and lower other income. The company’s earnings per share (EPS) also experienced a sharp drop, from PKR 115.41 to PKR 42.49.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Net profit after taxation decreased significantly from PKR 173.11 million to PKR 63.73 million.
📉 Earnings Per Share (EPS) dropped from PKR 115.41 to PKR 42.49.
📉 Grant from the power sector decreased from PKR 36.21 billion to PKR 19.60 billion.
📉 Other income declined from PKR 250.29 million to PKR 97.54 million.
⬆️ Operating cost increased from PKR 6.48 million to PKR 7.78 million.
⬇️ Profit before taxation decreased from PKR 243.82 million to PKR 89.76 million.
⬇️ Provision for taxation decreased from PKR 70.71 million to PKR 26.03 million.
↔️ Authorized Capital remains unchanged at PKR 15 million.
↔️ Issued, Subscribed and Paid up Capital remains unchanged at PKR 15 million.
⬆️ Accumulated profit increased from PKR 831.71 million to PKR 895.44 million.

🎯 Investment Thesis

Considering the significant decline in profitability, EPS, and the company’s heavy reliance on government grants, a SELL recommendation is appropriate. The price target should be revised downwards to reflect the reduced earnings potential and increased risks. The time horizon for this recommendation is SHORT_TERM, as the company’s financial health requires immediate and drastic improvements.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements IDRT Signal: SELL

📉 IDRT: SELL Signal (8/10) – Finanical Results for the Year Ended June 30, 2025

⚡ Flash Summary

Idrees Textile Mills Limited reported a significant loss for the year ended June 30, 2025, with a net loss of PKR 394.77 million compared to a loss of PKR 191.48 million in the previous year. Revenue decreased from PKR 6.47 billion to PKR 5.20 billion. The company’s earnings per share (EPS) also declined, reporting a loss per share of PKR 19.88 compared to a loss of PKR 9.79 in the prior year. The decrease in revenue and increased losses raise concerns about the company’s operational efficiency and financial stability.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Revenue decreased by 19.61%, from PKR 6.47 billion in 2024 to PKR 5.20 billion in 2025.
⚠️ Net loss significantly increased to PKR 394.77 million in 2025 from PKR 191.48 million in 2024.
📉 Loss per share worsened, reporting a loss of PKR 19.88 in 2025 compared to a loss of PKR 9.79 in 2024.
❌ Cost of sales decreased, but not enough to offset the revenue decline, from PKR 5.84 billion to PKR 4.88 billion.
⚠️ Finance costs remained high at PKR 476.96 million, impacting profitability.
⬇️ Gross profit decreased substantially from PKR 618.59 million to PKR 318.29 million.
🔻 Operating profit shifted from a profit of PKR 432.03 million to a loss of PKR 180.59 million.
➡️ Total assets increased slightly from PKR 7.04 billion to PKR 7.63 billion, driven by an increase in current assets.
⬆️ Trade debts significantly increased from PKR 1.11 billion to PKR 1.67 billion, raising concerns about collection efficiency.
📊 Total liabilities increased from PKR 4.54 billion to PKR 5.48 billion, indicating increased financial leverage.
⚠️ Cash and bank balances increased significantly from PKR 8.61 million to PKR 88.97 million.
❌ Negative cash flow from operations of PKR 93.31 million compared to negative cash flow of PKR 412.19 million in the previous year.
⬆️ Increase in short-term borrowings from PKR 2.03 billion to PKR 2.06 billion, reflecting increased reliance on short-term debt.

🎯 Investment Thesis

Based on the current financial performance, a SELL recommendation is warranted. The company’s declining revenue, increased losses, and operational inefficiencies present significant challenges. A turnaround strategy is necessary, but until there are concrete signs of improvement, the investment outlook remains negative. The price target would be significantly lower than the current market price, reflecting the poor financial health and uncertain future prospects. Time horizon: Short-term (6-12 months).

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements IML Signal: SELL

📉 IML: SELL Signal (7/10) – IML | Imperial Limited Financial Results for the Year Ended 30-06-2025

⚡ Flash Summary

Imperial Limited’s financial results for the year ended June 30, 2025, reveal a mixed performance. Revenue decreased from PKR 381.53 million to PKR 319.89 million. The company reported a profit of PKR 26.66 million, a sharp decrease from PKR 78.96 million in the previous year. Basic and diluted earnings per share also declined significantly, from PKR 0.80 to PKR 0.27.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Revenue decreased by 16.16% from PKR 381.53 million to PKR 319.89 million.
📉 Gross profit also declined to PKR 319.89 million, matching revenue, down from PKR 381.53 million.
⚠️ Administrative expenses decreased from PKR 204.33 million to PKR 184.25 million.
⚠️ Profit from operations decreased from PKR 150.39 million to PKR 142 million.
⚠️ Profit for the year significantly dropped from PKR 78.96 million to PKR 26.66 million.
📉 Earnings per share (basic and diluted) decreased from PKR 0.80 to PKR 0.27.
⚠️ Total equity increased slightly from PKR 10.339 billion to PKR 10.383 billion.
⚠️ Non-current liabilities increased from PKR 1.852 billion to PKR 1.919 billion.
⚠️ Current liabilities decreased from PKR 2.477 billion to PKR 2.389 billion.
⚠️ Total assets decreased slightly from PKR 12.816 billion to PKR 12.772 billion.
⚠️ Net cash used in operating activities improved significantly from (PKR 65.70) million to PKR 194.36 million.
⚠️ Net cash generated from investing activities decreased sharply from (PKR 917.31) million to (PKR 197.55) million.
⚠️ Cash and cash equivalents decreased slightly from PKR 195.01 million to PKR 191.82 million.

🎯 Investment Thesis

Based on the financial results, a SELL recommendation is warranted. The significant decline in revenue and profit, along with a decrease in EPS, indicates a deteriorating financial performance. Although the company has managed to reduce some expenses, the overall trend is concerning. A price target reflecting the diminished earnings potential and increased risk is justified. The time horizon for this recommendation is medium-term, as the turnaround potential is uncertain.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

+ More