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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » DIESEL & MOTOR ENGINEERING PLC (DIMO.N0000)

DIESEL & MOTOR ENGINEERING PLC (DIMO.N0000)

+37
ice4083
Bond
Rajitha
VISA
balapas
Jana
greedy
mark
lemuria
Monster
Kumar
cseguide
cse.alpha
Gaja
Dr.Bubble
Rocky
thilankad
Rajaraam
bePositive
UKboy
Dileepa
hariesha
soileconomy
pathfinder
Jana1
ranga777
sriranga
malsina
Berryfund
TelesHope
Slstock
tubal
Academic
smallville
salt
mono
BenZ
41 posters

Go to page : Previous  1, 2, 3, 4

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Slstock


Director - Equity Analytics
Director - Equity Analytics

To be honest I had more faith than this in DIMO. The last 2 quarters have been a disaster.

In my mind too I had the edge for DIMO over UML due to company history and connections and a firm hold in SRi Lanka.

But looking at earnings UML is ahead now.

Until tax cuts or huge BENZ buys or TATA buys , DIMO earning doesn't seem to recover to previous levels especially with the high finance costs .

However they reduced loan compared to last year and disposed inventory. So maybe next quarter might be much better

Maybe govn might look at revising 1000cc below taxes. But not sure how strong their NANO sale are either to bring them a lot of profit.


Anyway I don' think this share has a reason to drop much below RS 500 until this giant makes a recovery. Note the NAV is 850 in any case.


Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

http://www.cse.lk/cmt/upload_report_file/694_1370574257.pdf

Rajitha


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

NO!
Not until government change car tax policies!

Bond


Manager - Equity Analytics
Manager - Equity Analytics

Rajitha wrote:NO!
Not until government change car tax policies!

I thought there was a change in tax policy around the corner Shocked

ice4083


Senior Equity Analytic
Senior Equity Analytic

Govt might reduce taxes for a short time as luxury vehicles are the biggest import tax earners, and registrations fees, 1 merc will give enough tax revenue to covers 1000 nanos

81DIESEL & MOTOR ENGINEERING PLC (DIMO.N0000) - Page 4 Empty DIMO - good level to collect Thu Sep 12, 2013 12:38 pm

Balanced_Views


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

DIMO has a NAV of 852

They have restructured the company so profits might start soon - trading at 450!

Maybe a good share to look at? Please let me know your thoughts

Jana1


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Good share but not at the moment..

sikka89


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

NAV 852 but what about reduction in profit?

Balanced_Views


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

sikka89 wrote:NAV 852 but what about reduction in profit?
Yes so if they turn it around, it ll reach good levels - good buy

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

If you want to have a touch in motor sector go for UML. But why looking at a sector where there is no hope for the moment?

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Good share. But I will not touch this sector at this moment.

Balanced_Views


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Balanced_Views wrote:DIMO has a NAV of 852

They have restructured the company so profits might start soon - trading at 450!

Maybe a good share to look at? Please let me know your thoughts
Because if taxes are to improve, DIMO will touch 1500

The new import tax law will help DIMO too - await better quarterly results if so

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

"DIMO will touch 1500"

We again here your biased and blatantly non analytical claims. Your views are not balanced at all.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Balanced_Views wrote:
Balanced_Views wrote:DIMO has a NAV of 852

They have restructured the company so profits might start soon - trading at 450!

Maybe a good share to look at? Please let me know your thoughts
Because if taxes are to improve, DIMO will touch 1500

The new import tax law will help DIMO too - await better quarterly results if so
Are you talking about 3-to-1 reverse stock split?

I think you are wasting our members valuable time with your baseless predictions.

Totally agreed with Balapas.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

For few more days you guys will not hear unbalanced_view..

We heard too much from him..

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Thanks a lot for the prompt action to safe guard our forum. Well done.

Jana1


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

smallville wrote:For few more days you guys will not hear unbalanced_view..

We heard too much from him..
I have noticed now days admins are giving some punishments which was lacking before. I guess punishment is important else human will not change their views/ attitude and good for the forum quality...Appreciate your decision.

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Any half decent firm can give you a 30% return in 2 year's time. It's just that you guys wake up when it's too late

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

People use names like Balanced_Views, TheProfessional2013 but postings suggest conduct that is totally opposite. Thats the worse case scenario.

Berryfund


Equity Analytic
Equity Analytic

It is a fun to read old posts but where is smallvilla & BenZ?

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