Strength-6 - FoxLogica

⏸️ LCI: HOLD Signal (6/10) – Credit of Final Cash Dividend

⚡ Flash Summary

Lucky Core Industries Limited has announced a final cash dividend of PKR 6.20 per share, which is 310% of the share value. This dividend was approved during the 74th Annual General Meeting held on September 26, 2025. The dividend has been electronically credited to the designated bank accounts of eligible shareholders as of October 7, 2025. Shareholders who have not provided their CNIC and complete bank account details as per regulations will have their dividends withheld.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Final cash dividend of PKR 6.20/- per share declared.
💰 Dividend represents 310% of the share value.
🗓️ Approved during the 74th Annual General Meeting on September 26, 2025.
🏦 Credited electronically to shareholders’ bank accounts on October 7, 2025.
📝 Shareholders must have provided CNIC and complete bank details.
🚫 Dividends withheld for those not compliant with CNIC and bank details.
📜 Compliance with Companies (Distribution of Dividends) Regulations, 2017.
🔗 Shareholders can update details via FAMCO Share Registration Services.
🌐 Details also available on the company’s website: https://www.luckycore.com
📢 Announcement published in Business Recorder (English) and Roznama Dunya (Urdu).
✉️ Company Secretary: Laila Bhatia Bawany
🏢 Lucky Core Industries Limited is the company issuing the dividend.
📌 Dividend (D-99) is the identifier for this particular dividend announcement.
October 8, 2025 is the publication date of newspaper ads.

🎯 Investment Thesis

HOLD. While the high dividend yield is attractive, the long-term sustainability of such payouts needs to be assessed. A hold recommendation is based on the need to evaluate future earnings and dividend policies. Price target: Based on dividend yield and sector average, PKR 200, Time horizon: 12 months. This assumes stable earnings and continued dividend payouts.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements ASTM Signal: HOLD

⏸️ ASTM: HOLD Signal (6/10) – Financial Result for the Year ended 30-06-2025

⚡ Flash Summary

Asim Textile Mills Ltd. reported its financial results for the year ended June 30, 2025. The company’s revenue increased significantly compared to the previous year, while the company went from a loss to a profit. No cash dividend, bonus shares, or right shares were recommended by the board. The statement of financial position and profit or loss are included in the announcement.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

⬆️ Revenue from contracts increased to PKR 2,181.7 million in 2025 from PKR 1,812.7 million in 2024.
✅ Gross profit of PKR 90.3 million in 2025 compared to a gross loss of PKR 23.3 million in 2024.
💸 Operating expenses decreased to PKR 56.7 million in 2025 from PKR 43.9 million in 2024.
📈 Profit from operations of PKR 33.6 million in 2025 compared to a loss of PKR 67.1 million in 2024.
📉 Finance costs increased to PKR 0.3 million in 2025 from PKR 0.1 million in 2024.
💰 Other income decreased to PKR 19.7 million in 2025 from PKR 27.9 million in 2024.
📊 Profit before levies and income tax of PKR 53.0 million in 2025 compared to a loss of PKR 39.3 million in 2024.
🧾 Levies decreased to PKR 11.2 million in 2025 from PKR 23.4 million in 2024.
🧾 Income tax of PKR -21.9 million in 2025 compared to PKR 36.1 million in 2024.
✨ Profit for the year of PKR 19.9 million in 2025 compared to a loss of PKR 26.6 million in 2024.
⭐ Earnings per share of PKR 1.31 in 2025 compared to a loss per share of PKR 1.75 in 2024.
Shareholder equity increased from PKR 329.7 million to PKR 444.4 million y/y.

🎯 Investment Thesis

Based on the improved financial performance, a HOLD rating is appropriate. While the turnaround is promising, further observation is needed to ensure sustained profitability and growth. A price target will be more realistically assigned following further financial information. Time horizon is MEDIUM_TERM.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

AGIC announcements Signal: HOLD

⏸️ AGIC: HOLD Signal (6/10) – Right Shares Offer Document – Draft

⚡ Flash Summary

Askari General Insurance Company Limited (AGIC) is offering 28,760,758 new ordinary shares via a rights issue to existing shareholders, representing approximately 40% of the current paid-up capital. The rights issue price is PKR 32 per share, which includes a premium of PKR 22 over the face value of PKR 10. The total amount to be raised is PKR 920,344,256, intended to strengthen the company’s capital base, enhance working capital, and ensure compliance with regulatory capital requirements. This move aims to boost the investment portfolio for higher income, secure better reinsurance terms, and improve underwriting capacity and risk retention.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📢 AGIC is issuing 28,760,758 right shares.
💰 The issue represents ~40% of existing paid-up capital.
🏷️ Each share has a face value of PKR 10.
💸 The offer price is PKR 32 per share (including PKR 22 premium).
🎯 The total funds raised through rights issue: PKR 920,344,256.
📈 The company aims to strengthen its capital base and working capital.
✅ Regulatory compliance is a key driver for the issue.
💼 The funds will augment the investment portfolio for higher income.
🤝 The company seeks better reinsurance terms and increased underwriting capacity.
🛡️ Risk retention levels are expected to improve.
🏢 Askari Bank Limited is appointed as the Banker to the Issue.
📅 Tentative schedule for the Letter of Rights issuance is provided.
📑 The offer document contains details of underwriters: Arif Habib Limited and Dawood Equities Limited each underwrites PKR 184,033,440.
🤝 Army Welfare Trust (AWT) holds 59.25% shares in Askari General Insurance Company Ltd and is committed to subscribe.
⚖️ The company faces outstanding legal proceedings disclosed in the financial statements.

🎯 Investment Thesis

A “HOLD” recommendation is appropriate for AGIC. The rights issue should strengthen the company’s financial position and support future growth. However, the insurance sector faces inherent risks, and the ongoing legal proceedings add uncertainty. Existing shareholders should consider participating in the rights issue to avoid dilution, but new investors should remain cautious until the benefits of the capital injection are realized and the legal issues are resolved.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements MDTL Signal: HOLD

⏸️ MDTL: HOLD Signal (6/10) – Notice of Annual General Meeting

⚡ Flash Summary

Media Times Limited (MTL) will hold its 25th Annual General Meeting on October 28, 2025. The meeting will address confirming minutes from a prior meeting, adopting audited financial statements for the year ending June 30, 2025, and appointing auditors for the year ending June 30, 2026. Shareholders can access the annual report online and participate virtually. Key decisions regarding the company’s financial health and governance will be made during this meeting.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ MTL’s 25th AGM scheduled for October 28, 2025.
✅ Minutes of the Extra Ordinary General Meeting on September 24, 2025, to be confirmed.
💰 Audited financial statements for the year ended June 30, 2025, will be reviewed and adopted.
🧑‍⚖️ Auditors will be appointed for the year ending June 30, 2026, and their remuneration fixed.
🌐 Annual report available online at www.pacepakistan.com.
💻 Shareholders can participate in the meeting via video-link, Webex, or Zoom.
⏳ Registration for virtual participation required 48 hours before the meeting.
🗳️ Proxy voting is allowed; proxies must be received 48 hours prior.
📑 Proxy forms require specific documentation including CNIC and participant ID.
🚫 Member Register will be closed from October 21-28, 2025.
✉️ Shareholders can send comments/suggestions via email or WhatsApp.
📉 Operating loss of PKR (342.837) million in 2025 compared to PKR (737.325) million in 2024.
📉 Net loss of PKR (621.118) million in 2025 compared to PKR 600.305 million in 2024.
⬆️ Share Capital & Reserves increased to PKR 8,391.93 million in 2025 from PKR 6,227.014 million in 2024.

🎯 Investment Thesis

Given the ongoing losses and uncertain path to profitability, a HOLD rating is recommended for MTL. A BUY recommendation would require a clear demonstration of sustainable profitability and positive cash flow. A SELL recommendation would be warranted if the losses continue to mount without a credible turnaround strategy. Monitor for improvements in operational efficiency and progress toward profitability before considering a change in investment stance. A price target cannot be provided until the company shows a clear path to profitability and positive cash flow.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

ALFALAH-FUNDS announcements Signal: HOLD

⏸️ ALFALAH-FUNDS: HOLD Signal (6/10) – Alfalah Islamic Rozana Amdani Fund – Daily Dividend Distribution

⚡ Flash Summary

Alfalah Asset Management Limited has announced a daily dividend distribution for its Alfalah Islamic Rozana Amdani Fund (AIRAF). The Chief Executive, on behalf of the Board of Directors, approved a dividend of Re. 0.0633 per unit. This dividend will be paid to unit holders whose names appear in the unit holder register as of October 6, 2025. The announcement, dated October 6, 2025, was made to the Pakistan Stock Exchange Limited.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📅 Announcement Date: October 06, 2025
🏢 Issuer: Alfalah Asset Management Limited
📜 Fund: Alfalah Islamic Rozana Amdani Fund (AIRAF)
✅ Approval: Approved by the Chief Executive on behalf of the Board of Directors
💰 Dividend per Unit: Re. 0.0633
🏦 Record Date: October 06, 2025
👤 Eligibility: Unit holders whose names appear in the register as of the record date
🇵🇰 Exchange: Pakistan Stock Exchange Limited
🗓️ Fund Fiscal Year End: June 30, 2026
📢 Announcement Type: Daily Dividend Distribution

🎯 Investment Thesis

HOLD. Given the limited information, specifically the lack of historical dividend data, unit price, and expense ratio, a hold recommendation is appropriate. Further investigation into the fund’s financials, performance track record, and competitive landscape is necessary before making a buy or sell decision. This allows for a more informed assessment of the fund’s overall investment potential and risks.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements Signal: HOLD

⏸️ SWL: HOLD Signal (6/10) – ADVERTISEMENT PUBLISHED IN DAILY DAWN

⚡ Flash Summary

Standard Worldwide Limited has announced the signing of an agreement with the Central Depository Company of Pakistan (CDC). This means that, effective September 2, 2025, the company’s shares are now eligible for book-entry transactions and can be securely held through the CDC. Shareholders are encouraged to register their shares with the CDC to take advantage of the benefits associated with electronic settlement. This move aims to enhance the security and efficiency of shareholding for investors.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Standard Worldwide Limited has signed an agreement with the Central Depository Company of Pakistan (CDC).
🗓️ Agreement is effective from September 2, 2025.
📚 Shares are now eligible for book-entry transactions.
🔒 Shares can be securely kept through CDC.
📢 Shareholders are encouraged to register their shares with CDC.
💼 Registration allows for secure, convenient, and efficient electronic settlement.
🤝 Several shareholders have already started opening their CDC investor accounts.
✉️ Remaining shareholders are urged to complete their registration promptly.
📞 Contact Muhammed Ishtiaq Khan, Company Secretary, for assistance.
🏢 Standard Worldwide Limited is located at Standard Insurance House, I.I. Chundrigar Road, Karachi.
📱 Contact via Mob: 0313 2363534 or Tel: 021-32412971.
🌐 Formerly known as Standard Insurance Co. Ltd.

🎯 Investment Thesis

The stock is a HOLD. While the integration with the CDC is a positive step towards modernizing the company’s operations and improving investor accessibility, it is unlikely to result in immediate significant gains. A price target cannot be accurately determined with the data provided. The time horizon is medium-term, expecting to see gradual improvements in liquidity and investor confidence.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements Signal: HOLD

⏸️ SWL: HOLD Signal (6/10) – ADVERTISEMENT PUBLISHED IN DAILY DAWN

⚡ Flash Summary

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Standard Worldwide Limited has signed an agreement with the Central Depository Company of Pakistan (CDC).
🗓️ Agreement is effective from September 2, 2025.
📚 Shares are now eligible for book-entry transactions.
🔒 Shares can be securely kept through CDC.
📢 Shareholders are encouraged to register their shares with CDC.
💼 Registration allows for secure, convenient, and efficient electronic settlement.
🤝 Several shareholders have already started opening their CDC investor accounts.
✉️ Remaining shareholders are urged to complete their registration promptly.
📞 Contact Muhammed Ishtiaq Khan, Company Secretary, for assistance.
🏢 Standard Worldwide Limited is located at Standard Insurance House, I.I. Chundrigar Road, Karachi.
📱 Contact via Mob: 0313 2363534 or Tel: 021-32412971.
🌐 Formerly known as Standard Insurance Co. Ltd.

🎯 Investment Thesis

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements CLOV Signal: HOLD

⏸️ CLOV: HOLD Signal (6/10) – Notice of Annual General Meeting

⚡ Flash Summary

Clover Pakistan Limited will hold its 39th Annual General Meeting on October 28, 2025, to discuss the company’s annual financial statements, appoint auditors, and consider the acquisition of Company Owned Company Operated (COCO) Filling/Service Stations from Fossil Energy (Private) Limited, its parent company. Shareholders can attend physically or via video link, with registration required 72 hours in advance. The meeting will also cover ordinary business such as confirming minutes and addressing other matters with the chair’s permission. Electronic voting and postal ballot options are available for the special business item.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM scheduled for October 28, 2025, at 09:00 a.m. in Karachi.
🏢 Venue: Arabian Sea Country Club, Bin Qasim, Karachi.
✅ Ordinary business includes confirming minutes from September 30, 2024.
🧾 Review and adoption of audited financial statements for the year ending June 30, 2025.
🧑‍💼 Appointment of auditors for the financial year ending June 30, 2026.
🤝 Special business: Proposal for acquisition of all COCO Filling/Service Stations from Fossil Energy (Private) Limited.
🌐 Annual Report available on the company website via link and QR code.
🖥️ Shareholders can attend via video link with registration 72 hours prior.
✉️ Deadline for sending information via courier for video link participation: October 25, 2025.
⚠️ Share transfer books closed from October 22, 2025, to October 28, 2025.
💳 Mandatory submission of CNIC copy for individual members.
🗳️ Electronic voting and postal ballot options for special business.
⏳ E-voting lines open from October 22, 2025 (5:00 PM) to October 27, 2025 (5:00 PM).
📜 Proxy form must be received 48 hours before the meeting.

🎯 Investment Thesis

A HOLD recommendation is appropriate at this time. The AGM notice reveals a potential strategic shift towards vertical integration through the acquisition of FEPL’s COCO sites. However, without details on the financial terms, potential synergies, or the overall strategic rationale, it is hard to give any investment advice. More information from the AGM is needed before making a Buy or Sell decision.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements PIM Signal: HOLD

⏸️ PIM: HOLD Signal (6/10) – Transmission of Annual Report for the Year Ended June 30, 2025

⚡ Flash Summary

Popular Islamic Modaraba (PIM) reported a net profit after tax of Rs. 25.71 million for the year ended June 30, 2025, compared to Rs. 24.70 million in the previous year. This growth was attributed to prudent cost management, diversified income sources, and effective resource utilization, despite some moderation in overall income due to reduced financing and compressed financing margins from declining KIBOR rates. The Modaraba also approved a distribution of profit at Rs. 1 per certificate. The board is committed to further strengthening PIM as a reliable and competitive Islamic financial institution.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📈 Net profit after tax increased to Rs. 25.71 million, up from Rs. 24.70 million in the previous year.
💰 Prudent cost management and effective resource utilization drove profitability.
⬇️ Overall income moderated due to reduced financing and compressed financing margins from declining KIBOR.
✅ Maintained operational stability and delivered sustainable returns to certificate holders.
📜 The Board is committed to integrity, fairness, and accountability.
🤝 Expressed appreciation for stakeholders’ trust and confidence.
🌱 Actively seeking to strengthen PIM as a competitive Islamic financial institution.
📊 Total income was Rs. 41.74 million, compared to Rs. 45.69 million in the preceding year.
📉 Operating expenses were contained at Rs. 8.88 million, a reduction from Rs. 10.18 million in the previous year.
🏢 Depreciation on Ijarah assets was Rs. 4.55 million compared to Rs. 6.80 million in the previous year.
💸 Other income increased to Rs. 2.46 million from Rs. 1.84 million in FY 2024.
📜 The Modaraba converted the loan through “other than right issue” and issued certificates to the Management company
📉 Earning per certificate reduced from Re.1.76 to Re.1.39
✅ Approved the distribution of profit at Rs. 1/- per certificate of Rs.10/- each (i.e. 10%)

🎯 Investment Thesis

HOLD. Given consistent profitability, PIM appears to be a stable investment. However, modest profit growth and declining certificate returns could indicate less upside potential. The distribution of Rs. 1 per share demonstrates management’s confidence in future operations. But based on current financial performance, PIM presents a moderate hold.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements BBFL Signal: HOLD

⏸️ BBFL: HOLD Signal (6/10) – Notice of Annual General Meeting of Big Bird Foods Limited

⚡ Flash Summary

Big Bird Foods Limited (BBFL) will hold its 14th Annual General Meeting (AGM) on October 28, 2025, to discuss several key items. These include confirming the minutes of the previous AGM, adopting the audited financial statements for the year ended June 30, 2025, and re-appointing auditors. A significant agenda item is the proposed conversion of Rs. 1,500,000,000 of unsecured director’s loans into equity by issuing 30,352,084 ordinary shares at Rs. 49.42 per share, subject to SECP approval. Shareholders will also vote on ratifying related-party transactions and amending the Directors’ Remuneration Policy.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ The 14th Annual General Meeting (AGM) is scheduled for October 28, 2025.
🏢 The AGM will be held at Park Lane Hotel, Lahore, and via video conferencing.
📝 Agenda includes confirming minutes of the last AGM held on October 28, 2024.
📊 Shareholders will review and adopt the audited financial statements for the year ended June 30, 2025.
👨‍💼 M/s Abdul Khaliq & Co. is proposed to be re-appointed as external auditors for the year ending June 30, 2026.
🤝 Related-party transactions for the year ended June 30, 2025, will be ratified and approved.
🧑‍💼 The Chief Executive Officer will be authorized to approve related-party transactions for the year ending June 30, 2026.
🏦 A significant item is the proposed conversion of Rs. 1,500,000,000 unsecured directors’ loans into equity.
shares to the directors. This will involve issuing 30,352,084 ordinary shares.
💰 The issue price for these shares is Rs. 49.42 per share, based on the average market price over the past 90 trading days.
📜 The issuance is subject to SECP approval.
🔄 The Directors’ Remuneration Policy may be amended, delegating authority to the Board of Directors for revisions.
✉️ Shareholders can participate in the AGM via video link by registering before October 25, 2025.
🗳️ E-voting and postal ballots are allowed for special business resolutions.

🎯 Investment Thesis

A HOLD recommendation is warranted. The conversion of debt to equity is a positive step, but the lack of detailed financials and the inherent risks associated with related-party transactions make a more decisive stance difficult. The price target should be set based on further analysis of the upcoming financial statements, but the immediate outlook is neutral. The time horizon is medium-term, pending financial results.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

+ More