Articles On Smiles Inclusive (ASX:SIL)

Title Source Codes Date
Former Future Care owners serve Smiles Inclusive with statutory demand

Just one day after law firm Holding Redlich confirmed it had agreed to lead a class action process against Smiles Inclusive (ASX: SIL), it has been revealed the struggling dental empire now faces another legal battle. The former owners of...

BusinessNewsAus SIL 4 years ago
Holding Redlich to lead class action against Smiles Inclusive

Law firm Holding Redlich has confirmed the process is underway for a class action against embattled Gold Coast-based dental group Smiles Inclusive (ASX: SIL).  The company has seen seen profits, cash and its share price deteriorate since...

BusinessNewsAus SIL 4 years ago
Check-up: Remarkable recovery has two big biotech losers talk of the town

The three best-performing health and biotech companies in the past fortnight have all seen their shares fly on the back of positive clinical trial results — and the top two are companies trying to recover from previously disappointing trial...

Stockhead SIL 4 years ago
Corporate: Factor Therapeutics still looking for its next opportunity

Nearly 11 months on from its failed clinical trial and subsequent 97 per cent share price crash; Factor Therapeutics (ASX: FTT) has $3.1 million cash and a pipeline of opportunities but is yet to decide on one. Factor chairman Cherrell Hirs...

Stockhead SIL 4 years ago
ASX grills Smiles Inclusive over KPMG audit

The Australian Stock Exchange (ASX) has called on embattled dental group Smiles Inclusive (ASX: SIL) to provide copies of all email communications with its auditors KPMG since August 30 in the wake of a surprise $31 million loss announcemen...

BusinessNewsAus SIL 4 years ago
Smiles Inclusive loss deepens to $31 million

After waning dental company Smiles Inclusive (ASX: SIL) failed to produce its statutory results by yesterday, two antagonistic joint venture partners (JVPs) crafted a letter of complaint to the ASX. In that letter Arthur Walsh and John Ca...

BusinessNewsAus SIL 4 years ago
Smiles Inclusive loss deepens to $31 million as chairman flags debt risk

After launching a capital raise despite only offering investors unaudited results to go by, waning dental company Smiles Inclusive's (ASX: SIL) has come out with another shocker today. In late August the group surprised the market with a...

BusinessNewsAus SIL 4 years ago
10 at 10: These ASX stocks are firing ahead this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead SIL 4 years ago
Future Care threatens legal action against Smiles Inclusive

Two Sydney-based dental entrepreneurs who sold their business to Smiles Inclusive (ASX: SIL) last year have lodged a claim against the embattled company over alleged non-payment. Smiles' acquisition of Future Care Dental Group (FCDG) was...

BusinessNewsAus SIL 4 years ago
Corporate: IODM has gained over 700pc in a year, and has now revealed the identity of its perfect match

IODM (ASX:IOD), a stock that has risen from 1.4c 12 months ago to 11.5c today, has finally revealed who its major partner is. IODM announced a referral partnership for the US back in December but did not name its new partner at the time. To...

Stockhead SIL 4 years ago
Smiles omits cash burn in capital raise pitch

With its FY19 results still unaudited and its most recent $323,344 cash position omitted in the investor pitch, dental care company Smiles Inclusive (ASX: SIL) has today announced plans to raise $3.3 million - roughly the value of its most...

BusinessNewsAus SIL 4 years ago
Rise & Shine: What you need to know before the ASX opens

On Stockhead today, the major oilies want to help Australia build a big hydrogen industry, the private eSports company that wants to disrupt the industry and Osteopore is on track to win the title of 2019’s best performing IPO. But first:  ...

Stockhead SIL 4 years ago
Rise & Shine: What you need to know before the ASX opens

On Stockhead today, why Australia’s telco sector is “mission critical, Amazon finds spare change under couch cushion and orders 100,000 EVs and WA mining smashes employment and sales records. But first:   The day ahead The Reserve Bank of A...

Stockhead SIL 4 years ago
Smiles Inclusive to raise capital as it struggles for survival

With only just more than $300,000 in the coffers as of 10 days ago and following a high-volume sell-off of shares on Friday, dental practice Smiles Inclusive (ASX: SIL) has placed its shares in a trading halt pending the announcement of a c...

BusinessNewsAus SIL 4 years ago
Smiles in trading halt after share price freefall

Shares in cash-strapped dental practice Smiles Inclusive (ASX:SIL) fell by almost a third today before the company announced a temporary trading halt at 2:17pm AEST. Not only have the shares fallen in price, but trading volume has been al...

BusinessNewsAus SIL 4 years ago
Smiles shares in freefall with very high volume traded

Shares in cash-strapped dental practice Smiles Inclusive (ASX:SIL) fell by almost a third today before the company announced a temporary trading halt at 2:17pm AEST. Chairman David Usasz then responded to the ASX's query about the issue,...

BusinessNewsAus SIL 4 years ago
10 at 10: These ASX stocks are launching higher this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead SIL 4 years ago
As cash runs out, ASX asks if Smiles Inclusive should be listed

The Australian Stock Exchange (ASX) has asked embattled dental care group Smiles Inclusive (ASX: SIL) if it should be listed, and the company's response raises more questions than it provides answers. Smiles chairman David Usasz notes the...

BusinessNewsAus SIL 4 years ago
Second capital raising? Smiles slammed by partners over non-disclosure

Struggling dental care business Smiles Inclusive (ASX: SIL) managed to raise $1.2 million in June at $0.14 per share, but did the Gold Coast company have plans for more raisings in the pipeline? Within 2.5 months the share price shed half...

BusinessNewsAus SIL 4 years ago
Words of wisdom: The dental advisor who foresaw Smiles Inclusive's demise pre-IPO

Investors who jumped aboard the Smiles Inclusive (ASX: SIL) IPO in 2018 will regret not having read or heeded the words of Graham Middleton (pictured), a leading dental business advisor with the Synstrat Group. The fortunes of the Gold Co...

BusinessNewsAus SIL 4 years ago
Smiles partner alleges impairment charges short by $16m

After aching dental company Smiles Inclusive (ASX: SIL) was interrogated by the ASX last week about its woeful results, the sharemarket operator asked when the group became aware of an impairment charge of $13.7 million. To put this figur...

BusinessNewsAus SIL 4 years ago
Smiles partner alleges impairment charges short by $26m

After aching dental company Smiles Inclusive (ASX: SIL) was interrogated by the ASX last week about its woeful results, the sharemarket operator asked when the group became aware of an impairment charge of $13.7 million. To put this figur...

BusinessNewsAus SIL 4 years ago
ASX drills Smiles Inclusive on shock $19 million loss announcement

Late on Friday 30th August Smiles Inclusive (ASX: SIL) announced its disastrous FY19 results. Of particular note was its loss of $18.9 million during the financial year; a result that took the market by surprise. Now, the ASX has questi...

BusinessNewsAus SIL 4 years ago
Smiles Inclusive blames $19m loss on relationship breakdowns

The plaque is accumulating on Smiles Inclusive's (ASX: SIL) financial results after the dental practice announced losses had ballooned by 281 per cent in FY19 to $18.9 million. In the late hours of Friday the Gold Coast-based group releas...

BusinessNewsAus SIL 4 years ago
Aggrieved partners question Smiles Inclusive's solvency

Three partners of dental practice Smiles Inclusive (ASX: SIL) have criticised the company over the alleged non-payment to creditors and are seeking clarity over its solvency. Joint venture partners (JVPs) John Camacho and Arthur Walsh ann...

BusinessNewsAus SIL 4 years ago
Corporate: Carnegie is still into wave energy, but it’s back to the (digital) drawing board

Nearly five months after the McGowan government pulled the plug on a $16 million contract to fund its wind farms, Carnegie Clean Energy (ASX: CCE) has launched its recapitalisation offer. And if the offer is successful, Carnegie will subseq...

Stockhead SIL 4 years ago
Smiles Inclusive partner at odds with turnaround message

The leaders of dental practice Smiles Inclusive (ASX: SIL) have assured investors every effort is being made to turn the struggling business around this financial year, but one aggrieved joint venture partner claims the operation is just a...

BusinessNewsAus SIL 4 years ago
Is dentistry that lucrative? ASX dental stocks in 2019 says ‘only for equipment makers’

There are four stocks on the ASX for which fixing and brightening teeth is their game. How have these been performing in 2019? Whenever we hear of research about high paying jobs (graduates and generally), dentists are usually among them. I...

Stockhead SIL 4 years ago
What you should look for each quarterly season

Each quarter, ASX-listed companies have to submit quarterly cash flow statements, usually on the last days of January, April, July, and October — this is what to look for. In addition to half-year and full-year statements, quarterlies give...

Stockhead SIL 4 years ago
Trading Places: After three years of suspension, this tin company raised $20 million

In this week’s recap of substantial holders, a Dubai executive bought into Prospect Resources (ASX: PSC), Salt Funds Management sold $8.3 million of Monash IVF (ASX: MVF) and a tin company raised $20 million to save itself from the ‘three-y...

Stockhead SIL 4 years ago
Corporate: Pearl Global gets $800k from the Queensland government to recycle tyres

According to the University of Melbourne, 51 million tyres are discarded annually in Australia. The good news is they are recyclable and reusable in many ways from playgrounds to asphalt. The bad news? It is an expensive process which can c...

Stockhead SIL 4 years ago
Smiles Inclusive to raise $1.2 million on the back of leadership quarrel

While the dust is settling over a prolonged leadership battle at the top of listed dental company Smiles Inclusive (ASX: SIL) the company is poised to raise $1.2 million. Smiles says the funds will go towards the group's turnaround plan a...

BusinessNewsAus SIL 4 years ago
Struggling Smiles Inclusive to raise capital to turn company around

While the dust is settling over a prolonged leadership battle at the top of listed dental company Smiles Inclusive (ASX: SIL) the company is poised to raise $1.2 million. Smiles says the funds will go towards the group's turnaround plan a...

BusinessNewsAus SIL 4 years ago
Activist investors: Welcomed liberators or unwanted pests?

The word activist would make you think of the world of politics rather than the share market. At least since 2014 when the Abbott government removed a loophole in the Corporations Act that had allowed GetUp to call a requisitioning meeting...

Stockhead SIL 4 years ago
Timoney pulls out of Smiles Inclusive board vote bid

Dental care company Smiles Inclusive (ASX: SIL) has today confirmed an attempt to hold a second vote over the board's future has been withdrawn by ousted founder Mike Timoney (pictured). Timoney and ex-chairman David Herlihy were voted of...

BusinessNewsAus SIL 4 years ago
Ousted founder pulls out of Smiles Inclusive board bid

Dental care company Smiles Inclusive (ASX: SIL) has today confirmed an attempt to hold a second vote over the board's future has been withdrawn by ousted founder Mike Timoney (pictured). Timoney and ex-chairman David Herlihy were voted of...

BusinessNewsAus SIL 4 years ago
Three dentist stocks compete for market share

Smiles Inclusive (ASX: SIL) was the latest dentist IPO to hit the ASX boards on April 27, joining listed competitors Pacific Smiles (ASX:PSQ) and 1300 Smiles (ASX:ONT), in an attempt to consolidate a fragmented industry. Smiles Inclusive ra...

wise-owl.com SIL 5 years ago