Articles On Smiles Inclusive (ASX:SIL)
Title | Source | Codes | Date |
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Newest ASX entrant, Tasmea Ltd, up 12.5% on maiden debut
Tasmea Limited (ASX:TEA) is the latest entrant onto the ASX during a drought for the bourse down under – and the stock had climbed 12.5% to $1.75/sh in morning trades. Tasmea originally listed at A$.156/sh, raising just short of $60M.... |
themarketonline.com.au | SIL | 6 months ago |
KPMG aided Smiles Inclusive’s IPO despite profit concerns
The Market Herald notes there’s no evidence of criminality by any party KPMG Partner Adam Twemlow attended the Victorian Federal Court on Thursday morning, the latest to grace the booth in an ongoing examination into failed dental stock... |
themarketherald.com.au | SIL | 1 year ago |
NAB bankrolled Smiles Inclusive despite existing “misconduct” claims
The Market Herald notes there is no evidence of criminality by any party Senior National Australia Bank (NAB) Manager Michael McBryde took the witness stand this morning as the examination into delisted ASX company Smiles Inclusive mov... |
themarketherald.com.au | SIL | 1 year ago |
Questions around collusion claims as Smiles Inclusive examination continues
The Market Herald notes there has been no evidence of criminality by any party The Victoria Federal Court (VFC) public examination into failed ASX-listed dental provider Smiles Inclusive has continued with the company’s former Chief Co... |
themarketherald.com.au | SIL | 1 year ago |
ASX Today: Stocks to watch on Friday
Good morning and welcome to the last day of the trading week. The International Monetary Fund has said that the global economy remains more resilient than expected but notes the echoes of COVID are still running their course. ASX fut... |
themarketherald.com.au | SIL | 1 year ago |
“We were quite involved”: Morgans’ execs in the hot seat as Smiles hearing rolls on
The Market Herald notes that there has been no evidence of criminality by any party In the ongoing public examination of the failed ASX-listed company Smiles Inclusive, stockbroking firm Morgans’ Executive Philip Lee and Chairman Tim Cr... |
themarketherald.com.au | SIL | 1 year ago |
TMH Market Update: ASX200 hits 100-day low
The ASX200 has been in the red again today, sliding about three-quarters of a per cent down to a new 100-day low. Almost all sectors have lost ground, with tech stocks leading the early falls at one point down about one and a quarter per... |
themarketherald.com.au | SIL | 1 year ago |
Former ASX-lister Smiles Inclusive faces dentist-led public examination in Australian legal first
The Chairman of failed ASX-lister Smiles Inclusive, David Usasz, attended the Victorian Federal Court this morning as the company faces a civil grilling over its mid-2021 liquidation. A dentist, Dr John Camaco, and his colleague were gr... |
themarketherald.com.au | SIL | 1 year ago |
ASIC approves public examination of former directors of collapsed dental roll-up Smiles Inclusive
Several former directors of the previously ASX-listed dental group known as Smiles Inclusive and its Totally Smiles brand have been summoned by the Federal Court for a public examination of what went wrong at the failed company, which went... |
businessnewsaustralia.com | SIL | 1 year ago |
My dental check-up of Pacific Smiles (ASX:PSQ) shares
Founded by two dentists in 2003, Pacific Smiles Group Ltd (ASX: PSQ) operates 109 dental clinics across the eastern seaboard of Australia. I recently added the company to my watchlist after the company announced it is supercharging its roll... |
Rask Media | SIL | 3 years ago |
Smiles Inclusive partners lose chance to claim $97m as Exit Solutions picks up final scraps
Unsecured creditors in formerly ASX-listed, failed Gold Coast-based dental company Smiles Inclusive have been dealt the final nail in the coffin of their dreams to recover investments, including joint venture partner (JVP) debt claims of cl... |
businessnewsaustralia.com | SIL | 3 years ago |
Administrators call for Smiles to be wound up as practice sales recoup $9.2m
Deloitte's administrators of fallen dental roll-up Smiles Inclusive (SI) and its branded practice chain Totally Smiles (TS) have urged creditors to vote in favour of liquidating both companies at a meeting to be held on 30 June. A report... |
businessnewsaustralia.com | SIL | 3 years ago |
COVID-19 has hit the global dentist industry but these ASX stocks are doing fine
Australia’s dentists, particularly those on the ASX, have escaped the worst of COVID-19 thanks to the quick easing of restrictions. At the start of the pandemic dentists could only see Category 1 patients – those likely to deteriorate witho... |
Stockhead | SIL | 3 years ago |
How Smiles Inclusive was turned upside down: A timeline of decay
For retail investors there is something very reassuring about putting funds into the health sector; it benefits society, it's relatively stable, and demand for health services is only likely to increase with a growing and ageing population.... |
businessnewsaustralia.com | SIL | 3 years ago |
How Smiles Inclusive was turned upside down: A timeline of decay
For retail investors there is something very reassuring about putting funds into the health sector; it benefits society, it's relatively stable, and demand for health services is only likely to increase with a growing and ageing population.... |
businessnewsaustralia.com | SIL | 3 years ago |
Court throws out rebel creditor case against Smiles Inclusive
A Supreme Court judge has dismissed a case from a rebel faction of creditors and shareholders in troubled dental group Smiles Inclusive, who have found themselves at loggerheads with administrators Deloitte Restructuring Services. Earlier... |
businessnewsaustralia.com | SIL | 3 years ago |
Court throws out rebel creditor case against Smiles Inclusive
Update (3 February): Dr Henry Chen has told Business News Australia the administrators have informed joint venture partners (JVPs) of their intention to extend the date of settlement, which would allow for another creditors' meeting prior t... |
businessnewsaustralia.com | SIL | 3 years ago |
Smiles Inclusive CEO resigns as Genesis Capital wins bid to acquire assets
After 10 months at the helm of embattled Gold Coast-based dental practice chain Smiles Inclusive, Michelle Aquilina has stepped down from her CEO role as the group passes to new hands. Since entering voluntary administration in November w... |
businessnewsaustralia.com | SIL | 3 years ago |
Class action "the only hope" for Smiles Inclusive partners on the sidelines
Smiles Inclusive (ASX: SIL) joint venture partners (JVPs) have have raised concerns that they, their employees and shareholders could be left high and dry by the dental group's voluntary administration. Before the embattled Gold Coast-hea... |
BusinessNewsAus | SIL | 4 years ago |
Smiles Inclusive enters voluntary administration
The local anaesthetic of turnaround promises has finally worn off for embattled dental group Smiles Inclusive (ASX: SIL), as its inability to pay back a $12 million loan to National Australia Bank (ASX: NAB) triggered the appointment of vol... |
BusinessNewsAus | SIL | 4 years ago |
Smiles board dwindles as another director departs
There are now only three board members left at flailing Gold Coast-based dental group Smiles Inclusive (ASX: SIL) following the exit of director Peter Fuller after just 16 months in the role. Yesterday's announcement came six weeks after... |
BusinessNewsAus | SIL | 4 years ago |
Smiles finally releases December 2019 half year report, but auditor not convinced
After Australia's corporate watchdog took Smiles Inclusive (ASX: SIL) to court over its inability to produce an audited financial report for the December 2019 half, the company has finally produced the elusive document. It tells a story o... |
BusinessNewsAus | SIL | 4 years ago |
NAB tightens the screws on Smiles Inclusive
Smiles Inclusive (ASX: SIL) has been given a slight reprieve on a $12 million debt repayment that was due on 11 September, but all transaction accounts with lender National Australia Bank (ASX: NAB) will need to be closed ahead of new deadl... |
BusinessNewsAus | SIL | 4 years ago |
ASIC bars Smiles Inclusive from capital raises, board overhaul attempt delayed
After drawing the ire of a group of rogue shareholder dentists who believe their attempt to overhaul the board of Smiles Inclusive (ASX: SIL) was sullied by the issuance of 10 million new shares to undisclosed parties, the company has been... |
BusinessNewsAus | SIL | 4 years ago |
Statutory demand aims to wind up Smiles Inclusive
Amidst allegations of shareholder privacy breaches and a desperate capital raise to pay back less than half of an outstanding loan, more plaque has been found building up on Gold Coast-based dental group Smiles Inclusive. A joint venture... |
BusinessNewsAus | SIL | 4 years ago |
Smiles plans $8 million raise to repay NAB loan in part
Despite missing a 11 September deadline to pay back more than half of its $19 million debt to National Australia Bank (ASX: NAB), Smiles Inclusive (ASX: SIL) has today announced plans to raise $8 million to repay the bank in part. The emb... |
BusinessNewsAus | SIL | 4 years ago |
ASIC files proceedings against Smiles Inclusive, director flies the coop
Australia's corporate watchdog has taken legal action against embattled dental group Smiles Inclusive (ASX: SIL) over its inability to produce an audited financial report for the December 2019 half, delivering on a threat made three months... |
BusinessNewsAus | SIL | 4 years ago |
ASX takes Smiles Inclusive to task as loan date looms
After National Australia Bank (ASX: NAB) cast aside the prospect of recouping 36 per cent of its $19 million loan to dental group Smiles Inclusive (ASX: SIL), the loss-making company has conceded it probably won't be paying the remainder on... |
BusinessNewsAus | SIL | 4 years ago |
ASX takes Smiles Inclusive to task as loan date looms
After National Australia Bank (ASX: NAB) cast aside the prospect of recouping 36 per cent of its $19 million loan to dental group Smiles Inclusive (ASX: SIL), the loss-making company has conceded it probably won't be paying the remainder on... |
BusinessNewsAus | SIL | 4 years ago |
Smiles Inclusive has three weeks to cough up $12m to NAB
For at least 14 months struggling Gold Coast-based company Smiles Inclusive (ASX: SIL) has barely put a dent into a $19 million debt to National Australia Bank (NAB), despite capital raisings and asset sales. Now the dental practice netw... |
BusinessNewsAus | SIL | 4 years ago |
Smiles Inclusive investors call for EGM to overthrow board
With shares suspended since March and its founder believing it would take a miracle for the company to survive, dental group Smiles Inclusive (ASX: SIL) faces a potential revolt from disgruntled shareholders and partners. Dentists Dr Joh... |
BusinessNewsAus | SIL | 4 years ago |
ASIC threatens court action against Smiles Inclusive
More than 3.5 months after Smiles Inclusive (ASX: SIL) was suspended from trading over its failure to produce an audited financial report for the December half, Australia's corporate watchdog is taking steps to force the struggling dental o... |
BusinessNewsAus | SIL | 4 years ago |
Trading Places: Regal has sunk another $3.2m into this small cap telco
Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f... |
Stockhead | SIL | 4 years ago |
Smiles Inclusive cash flow statement missed the mark by $1.1 million
The situation at Smiles Inclusive (ASX: SIL) has gone from bad to worse, with an amended quarterly cash flow statement showing the struggling Gold Coast-based dental company has much less cash than previously thought. With its shares alre... |
BusinessNewsAus | SIL | 4 years ago |
Smiles Inclusive founder watched $10m 'evaporate in his hands' before selling up
What began as an IPO to bring more than 50 dental practices under one roof became a "car crash that I can't get out of" for Smiles Inclusive (ASX: SIL) founder Mike Timoney (pictured), who this month sold all his shares in the company for $... |
BusinessNewsAus | SIL | 4 years ago |
Smiles Inclusive clinics reopen, CFO heads out the door
After challenging business conditions before COVID-19 were exacerbated by the pandemic and shutdowns, Smiles Inclusive (ASX: SIL) has today reported it will be reopening all its dental centres nationwide. But the group will be doing so wi... |
BusinessNewsAus | SIL | 4 years ago |
Smiles Inclusive CEO Tony McCormack steps aside
Smiles Inclusive (ASX: SIL) CEO Tony McCormack (pictured below) has resigned within a week of the embattled dental company announcing the majority of its workforce had been stood down. With most dental practices closed on an "on call" bas... |
BusinessNewsAus | SIL | 4 years ago |
Suspended Smiles Inclusive reports $1m lifeline
An embattled Gold Coast-based dental company in absentia on the ASX has an ace up its sleeve after receiving a binding agreement from a sophisticated investor to raise $430,000 for working capital. Smiles Inclusive (ASX: SIL) says the inv... |
BusinessNewsAus | SIL | 4 years ago |
1300 Smiles thought risk was too great to acquire Smiles Inclusive
A major Australian dental company has revealed it had looked into a possible takeover of struggling operator Smiles Inclusive (ASX: SIL), which has been pumping capital raising-sourced funds into a turnaround strategy and staying afloat. ... |
BusinessNewsAus | SIL | 4 years ago |
ASX asks if Smiles Inclusive has sufficient cash to scrape by
The Australian Stock Exchange (ASX) has questioned the liquidity of Smiles Inclusive (ASX: SIL) after net cash outflows ballooned 150 per cent to $3.2 million in the December quarter. Despite a $3.3 million capital raising and $2 million... |
BusinessNewsAus | SIL | 4 years ago |
Check-up: Lasers and fatty livers won in biotech this month
Here’s our monthly wrap of all the news driving ASX health stocks. Of the ASX’s 137-odd small cap health stocks, 92 saw their share prices fall, 32 improved and 13 were flat. >> Scroll down for a table showing the performance of small... |
Stockhead | SIL | 4 years ago |
Smiles Inclusive sells two QLD practices to 1300SMILES
Embattled dental company Smiles Inclusive's (ASX: SIL) cash position will receive a well needed boost after selling two practices in Queensland's Lockyer Valley region to 1300SMILES (ASX:ONT). The practices in Gatton and Laidley were sold... |
BusinessNewsAus | SIL | 4 years ago |
Supreme Court sets aside statutory demand against Smiles Inclusive
Within a week of having a major suit against it dropped, dental care company Smiles Inclusive (ASX: SIL) is today claiming victory in another legal matter. This morning the Supreme Court of Queensland set aside a statutory demand served b... |
BusinessNewsAus | SIL | 4 years ago |
Major legal case dropped against Smiles Inclusive
Shares in embattled dental care company Smiles Inclusive (ASX: SIL) are rallying for the third straight day this morning after three longstanding court cases were put to bed. Smiles joint venture partner (JVP) Australian Aged Dental Care,... |
BusinessNewsAus | SIL | 4 years ago |
1st Group to provide health services portal for Totally Smiles dental network
Australian digital health group 1st Group (ASX: 1ST) has clinched a deal with Smiles Inclusive (ASX: SIL) to provide digital patient engagement services to the Totally Smiles dental network. Under a newly signed material agreement, 1st Grou... |
SmallCaps | SIL | 4 years ago |
Smiles CEO blames aggrieved partners for "extended survival phase"
Smiles Inclusive (ASX: SIL) shares are trading at close to record lows and management is pulling out all stops to improve shareholder sentiment ahead of the company's AGM on Thursday. The company's market capitalisation is now only margin... |
BusinessNewsAus | SIL | 4 years ago |
Smiles kicks off marketing campaign to turn the tide
Smiles Inclusive (ASX: SIL) shares are trading at close to record lows and management is pulling out all stops to improve shareholder sentiment ahead of the company's AGM on Thursday. The company's market capitalisation is now only margin... |
BusinessNewsAus | SIL | 4 years ago |
Which small cap dental stocks are cavity-free and which ones are giving investors a bit of a toothache?
Last time Stockhead had a dental stock check-up, only one had gained in 2019 and it was in the game of dental supplies rather than surgery. And that stock, aesthetics and whitening product maker SDI (ASX:SDI), is still up by 30 per cent thi... |
Stockhead | SIL | 5 years ago |
What can drive Australia’s $11 bn dental industry – Players in action
Dental care Oral health refers to conditions and health of teeth, gums, muscles and bone in the mouth, and good oral health represents overall health and wellbeing of a person. Dental diseases may impact a person’s appearance and speech, ca... |
Kalkine Media | SIL | 5 years ago |
Smiles confirms $1.25m cash burn in Q1
Embattled dental care group Smiles Inclusive (ASX: SIL) has revealed its cash burn averaged more than $416,000 per month in the first quarter of FY19, which is more than the amount of cash it held in the bank at the end of the period. Aft... |
BusinessNewsAus | SIL | 5 years ago |