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DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000)

+37
EPS
dmtmadusanka
DamithAsian
soileconomy
RJ1010
Dilendra23
M S L DIAS
lakymahesh
jaya
abey
sandamal
Eranga87
Thushara Ayya
4Corners
bhanu
nuwanmja
SUSPENS
Quibit
Invest2018
Udakara
hammurabi
Teller
Uaecoindubai
Bdcdman
yasasncas
EquityChamp
kjojo
max shanu
Melstacorp Ltd
RIO
TortoizePlus
hunter
The Alchemist
wiki
Slstock
kalum
K.Haputantri
41 posters

Go to page : 1, 2, 3, 4  Next

Go down  Message [Page 2 of 4]

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Melstacorp Ltd wrote:Hi all

Sorry for the long delay.

1. As slstock stated above Melstacorp is a 100% owned subsidiary of DCSL PLC. Hence the transfer of Spence or any other holding of DCSL PLC to Melstacorp do not have an impact on the NAV or the effective holding of the DCSL PLC shareholders.

2. This kind of transactions are common in the companies. However we do not have a mechanism to make these transfers free of costs. CSE do not usually allow private transfers. Even the CSE allows it private transfers attract stamp duty. Apart from the buying/selling brokerage , the Cess, SEC fees, CSE fees are enormous. Therefore only saving we can do is to transfer at the lowest price possible at at the lowest brokerage allowed by the CSE. CSE allows crossings below 5% of the market price. This is the reason for the transfer at a 5% lower price that day.

3. While the basis of making Melstacorp the ultimate holding company remains the objective, the mode of getting there is not finalized yet. The share swap mentioned by The Alchemist is one of the options. However such a direct swap may not comply with a certain section in the Companies Act. Therefore once the method is determined by the company based on the legal advise naturally it will be known. So please forgive us for not speculating on it.

Thank you all for the interest and I apologize for the long delay in responding.

Thank you Melstacorp for your forthright and candid comments. I am fairly certain that when Melstacorp is good and ready to go (list), it will earn a pre-eminent place as a truly Blue Chip Diversified Conglomerate / Investment Holding Company in the Colombo Stock Exchange.

All the very best.

Slstock


Director - Equity Analytics
Director - Equity Analytics

Professional answers. Well done Melsracorp

The Alchemist wrote:
Melstacorp Ltd wrote:Hi all

Sorry for the long delay.

1. As slstock stated above Melstacorp is a 100% owned subsidiary of DCSL PLC. Hence the transfer of Spence or any other holding of DCSL PLC to Melstacorp do not have an impact on the NAV or the effective holding of the DCSL PLC shareholders.

2. This kind of transactions are common in the companies. However we do not have a mechanism to make these transfers free of costs. CSE do not usually allow private transfers. Even the CSE allows it private transfers attract stamp duty. Apart from the buying/selling brokerage , the Cess, SEC fees, CSE fees are enormous. Therefore only saving we can do is to transfer at the lowest price possible at at the lowest brokerage allowed by the CSE. CSE allows crossings below 5% of the market price. This is the reason for the transfer at a 5% lower price that day.

3. While the basis of making Melstacorp the ultimate holding company remains the objective, the mode of getting there is not finalized yet. The share swap mentioned by The Alchemist is one of the options. However such a direct swap may not comply with a certain section in the Companies Act. Therefore once the method is determined by the company based on the legal advise naturally it will be known. So please forgive us for not speculating on it.

Thank you all for the interest and I apologize for the long delay in responding.

Thank you Melstacorp for your forthright and candid comments. I am fairly certain that when Melstacorp is good and ready to go (list), it will earn a pre-eminent place as a truly Blue Chip Diversified Conglomerate / Investment Holding Company in the Colombo Stock Exchange.

All the very best.

23DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000) - Page 2 Empty DISTILLERIES........look Wed Apr 04, 2018 10:43 am

max shanu


Equity Analytic
Equity Analytic

DISTILLERIES........look 21/= good price to buy

kjojo


Manager - Equity Analytics
Manager - Equity Analytics

yes huge buying on 21

25DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000) - Page 2 Empty How Is The Person Wed Apr 04, 2018 11:00 am

max shanu


Equity Analytic
Equity Analytic

How Is The Person collecting share by rs 21/= each

26DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000) - Page 2 Empty DISTILLERIES -Run start ........ Wed Apr 04, 2018 1:58 pm

max shanu


Equity Analytic
Equity Analytic

DISTILLERIES -going to start ........look guys......

27DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000) - Page 2 Empty Don't miss The chance ......DIST... Thu Apr 05, 2018 10:50 am

max shanu


Equity Analytic
Equity Analytic

Don't miss The chance ......DIST... Laughing Laughing Laughing rendeer

EquityChamp

EquityChamp
Moderator
Moderator

Analyse and compare with the valuation parameters before you enter because it's still new in their new entrance period.

yasasncas


Stock Trader

NAV around 1.5. Does it worth buying around 20 rupees?

Bdcdman


Equity Analytic
Equity Analytic

Any idea about the large trade volume ?

31DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000) - Page 2 Empty DIST 91% Profit down --- Thu Apr 25, 2019 4:08 pm

Uaecoindubai

Uaecoindubai
Manager - Equity Analytics
Manager - Equity Analytics

Harry is in another hit as DIST profit dropped by 91 % 2017 compare to same 9 months periods of 2018 . Dist share price to be adjusted to 1 digit which means below 10 Rupees per share . If you have DIST better to exit and buy it low

Uaecoindubai

Uaecoindubai
Manager - Equity Analytics
Manager - Equity Analytics

https://cdn.cse.lk/cmt/upload_report_file/463_1550056801.pdf

Bdcdman


Equity Analytic
Equity Analytic

Watch out

Teller

Teller
Moderator
Moderator

This share doesnt have a value above 15 LKR

Bdcdman


Equity Analytic
Equity Analytic

@Teller, your comment doesn't have a value of fifty cents

Teller

Teller
Moderator
Moderator

Im stick on my own calculations. I believe those very strongly. Really sorry due to busy schedule no more time to explain the things ,how ever if you have a time, go with Dist quarter reports . GL

Bdcdman


Equity Analytic
Equity Analytic

No need of your explanation or calculation. Anyone can understand your promotion campaigns if they go through previous comments of you

hammurabi

hammurabi
Manager - Equity Analytics
Manager - Equity Analytics

Peer analysis as at 11.10.2019. DIST is leading in terms of Net Profit.

DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000) - Page 2 57353710

Udakara


Stock Trader

No argument.its overvalued

Invest2018


Manager - Equity Analytics
Manager - Equity Analytics

@Mr teller what do you think about these shares. KZOO/AEL/PAP/EAST/LGL/SPEN. Appreciate your opinion

Quibit


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

Voting share (N):Date of initial announcement:14 Nov 2019
Dividend per share (Rs.) :Voting :0.650
Type of dividend :First interim
Financial year:2019/2020
Shareholder approval:Not required
XD date :25 Nov 2019
Payment date :04 Dec 2019
Share transfer book:Open

SUSPENS

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

DIST 15 >>>>>>>> 20

bounce bounce bounce

nuwanmja

nuwanmja
Senior Equity Analytic
Senior Equity Analytic

imposed restriction for import Ethanol won't be effect DIST ?

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

This is the best time to buy.. can't expect it to go down more..

SUSPENS

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

Keep watching guys.....

Add to watch list...you can see something

4Corners


Senior Equity Analytic
Senior Equity Analytic

SUSPENS wrote:Keep watching guys.....

Add to watch list...you can see something
today 16/= possible..

SUSPENS

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

Very Happy Very Happy Very Happy cheers cheers cheers
Buy before 15 ...you will win

Thushara Ayya likes this post

Thushara Ayya

Thushara Ayya
Moderator
Moderator

Not yet moved. Good prices @ 14.20.

SUSPENS

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

Ha ha.....Very Happy:D:D

SUSPENS

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

Good price 14.70


Good price 15.00

Thushara Ayya likes this post

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