DIST results

Slstock · 1 DIST results Tue Feb 15, 2011 4:57 pm

Slstock

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Pre -announcement result ... found by your truly Slstock Razz

http://www.cse.lk/cmt/upload_report_file/463_1297761415797.pdf

Quarter EPS 4.06
9 Month EPS 10.56

Cash position improved with Cash in hand ( naturally from the SLIC refund)

mono · 2 Re: DIST results Tue Feb 15, 2011 5:02 pm

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those are great numbers.

with this DISt should be able to post an EPS or around 12.5-13 for the year. In my opinion that would make DIST worth at least 250. And they're cash rich at the moment.

Crying or Very sad

i sold my dist at 178

Crying or Very sad

mono · 3 Re: DIST results Tue Feb 15, 2011 5:03 pm

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people are drinking more than last year

LOL!

yay!

Slstock · 4 Re: DIST results Tue Feb 15, 2011 5:06 pm

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mono wrote:those are great numbers.

with this DISt should be able to post an EPS or around 12.5-13 for the year. In my opinion that would make DIST worth at least 250. And they're cash rich at the moment.

i sold my dist at 178

Yes, Rs 13 is easily possible even with some reduction of profit due nex taxes in 2011.
Why did you sell Mono? Rs 170s is the floating range.

Guess ofcourse you can buy back as it still around Rs 175 and who know might go further down if they is a slide.

mono · 5 Re: DIST results Tue Feb 15, 2011 5:08 pm

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that's why i sold. this morning things didn't look good for the exchange, so someone decided to pickup 12K 178 I had a bunch that i bought around 173. so i decided to dump and prepare for the worst.

mono · 6 Re: DIST results Tue Feb 15, 2011 5:10 pm

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slstock wrote:

mono wrote:those are great numbers.

with this DISt should be able to post an EPS or around 12.5-13 for the year. In my opinion that would make DIST worth at least 250. And they're cash rich at the moment.

i sold my dist at 178

Yes, Rs 13 is easily possible even with some reduction of profit due nex taxes in 2011.
Why did you sell Mono? Rs 170s is the floating range.

didn't they reverse the TAX decision?

in any case, people will always want to drink

Gaja · 7 Re: DIST results Tue Feb 15, 2011 5:15 pm

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i keep this for long term with the average cost of 60/=, mono so i think i will keep it for sometime, what do you think dear friend?

monash · 8 Re: DIST results Tue Feb 15, 2011 5:18 pm

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Haha gud one mono.. lol!

Mahinda chintanaye mathata thithata Jaya wewaa!!! Razz

Don't worry about future of Distilleries till this jokers here.. Just wanna share this.. tongue

https://www.youtube.com/watch?v=HJhVpp0kCwA

mono · 9 Re: DIST results Tue Feb 15, 2011 5:22 pm

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Slstock · 10 Re: DIST results Tue Feb 15, 2011 5:25 pm

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mono wrote:

slstock wrote:

mono wrote:those are great numbers.

with this DISt should be able to post an EPS or around 12.5-13 for the year. In my opinion that would make DIST worth at least 250. And they're cash rich at the moment.

i sold my dist at 178

Yes, Rs 13 is easily possible even with some reduction of profit due nex taxes in 2011.
Why did you sell Mono? Rs 170s is the floating range.

didn't they reverse the TAX decision?

in any case, people will always want to drink

Did I miss out on this news? I thought Liquor and Tobacco companies income tax went up to 5% due to budges\t in 2011. Ofcourse when taxes go up liquor prices will go up too. So company will probably will not make a big loss.

Happiness people drink. When sad people will drink...
Laughing

salt · 11 Re: DIST results Tue Feb 15, 2011 5:27 pm

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They have cash per share of around Rs.24.00

What will HJ do with the cash? He looks cashing in all his investments, what to do?

I'm sure he will not pay dividend!

But, it’s a stable sort of business and should valued 10-12 PER on stable earnings. This may suffice 14*12=168/=

mono · 12 Re: DIST results Tue Feb 15, 2011 5:33 pm

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salt wrote:This may suffice 14*12=168/=

DIST is a top tier blue chip and people drink when it's sunny and when it's raining. PE ~ 20 is easily sustainable

salt · 13 Re: DIST results Tue Feb 15, 2011 5:38 pm

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Mono,

But it is now thined to single business. SPEN only an associate

Slstock · 14 Re: DIST results Tue Feb 15, 2011 5:51 pm

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salt wrote:Mono,

But it is now thined to single business. SPEN only an associate

Upto date their business involves

Beverages
Plantation Management
Telecommunication
Diversified

Telecom is looking to to be disposed.

Gaja · 15 Re: DIST results Tue Feb 15, 2011 7:53 pm

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will DIST is going to increase it holding in Spence in the days to come

ShareShares · 16 Re: DIST results Wed Feb 16, 2011 7:30 am

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Towards the April New Year period Diversified DIST can produce further improving financials, DIST also supposed to add over 1 billion from the insurance corporation transaction in the near future. Good for the DIST sector. Brinjal prices are also escalating vegetable sector shares can also go up sharply. Anyway the next phase of growth in the stocks exchange will be Banking and Finance sector and the diversified shares.

mono · 17 Re: DIST results Wed Feb 16, 2011 9:58 am

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with all this world cup stuff coming up DIST can possibly better earnings in the March quarter than the December quarter. but i'm keeping my fingers crossed about that

smallville · 18 Re: DIST results Wed Feb 16, 2011 10:00 pm

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Due to increase of tax by 5%, will it affect the next qtr?

godswen · 19 Re: DIST results Wed Feb 16, 2011 10:05 pm

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smallville wrote:Due to increase of tax by 5%, will it affect the next qtr?

Consumption will not go down even they put a 10% tax! Rolling Eyes

ShareShares · 20 Re: DIST results Thu Feb 17, 2011 3:27 pm

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godswen wrote:

smallville wrote:Due to increase of tax by 5%, will it affect the next qtr?

Consumption will not go down even they put a 10% tax!

It is very unfair, tax reductions for the banking and finance sector, higher tax for the DIST and vegetable sector. When they increase tax on DIST consumption goes up it becomes a value investment. Any way people are getting ready to get some DIST shares and watch the world cup. There is a significant advancement in quarter on quarter EPS.

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DIST results

1 DIST results Tue Feb 15, 2011 4:57 pm

Slstock

2 Re: DIST results Tue Feb 15, 2011 5:02 pm

mono

3 Re: DIST results Tue Feb 15, 2011 5:03 pm

mono

4 Re: DIST results Tue Feb 15, 2011 5:06 pm

Slstock

5 Re: DIST results Tue Feb 15, 2011 5:08 pm

mono

6 Re: DIST results Tue Feb 15, 2011 5:10 pm

mono

7 Re: DIST results Tue Feb 15, 2011 5:15 pm

Gaja

8 Re: DIST results Tue Feb 15, 2011 5:18 pm

monash

9 Re: DIST results Tue Feb 15, 2011 5:22 pm

mono

10 Re: DIST results Tue Feb 15, 2011 5:25 pm

Slstock

11 Re: DIST results Tue Feb 15, 2011 5:27 pm

salt

12 Re: DIST results Tue Feb 15, 2011 5:33 pm

mono

13 Re: DIST results Tue Feb 15, 2011 5:38 pm

salt

14 Re: DIST results Tue Feb 15, 2011 5:51 pm

Slstock

15 Re: DIST results Tue Feb 15, 2011 7:53 pm

Gaja

16 Re: DIST results Wed Feb 16, 2011 7:30 am

ShareShares

17 Re: DIST results Wed Feb 16, 2011 9:58 am

mono

18 Re: DIST results Wed Feb 16, 2011 10:00 pm

smallville

19 Re: DIST results Wed Feb 16, 2011 10:05 pm

godswen

20 Re: DIST results Thu Feb 17, 2011 3:27 pm

ShareShares

21 Re: DIST results

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