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Sri Lanka Equity Forum » Stock Market Talk » DP and JKH

DP and JKH

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1DP and JKH Empty DP and JKH on Mon Sep 16, 2013 7:03 am

Richie


Senior Equity Analytic
Senior Equity Analytic
Who could be local partner tied. With JKH ? Is DP or someone else ?

2DP and JKH Empty Re: DP and JKH on Mon Sep 16, 2013 9:56 am

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
dp

3DP and JKH Empty Re: DP and JKH on Mon Sep 16, 2013 10:54 am

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
http://www.ft.lk/2013/09/16/dhammika-gears-up-for-gaming-kingship/
Enjoying three licenses, proposal to set up $ 350 m 40-storey 500-room Queensbury at D.R. Wijewardena Mawatha submitted to BOI; Venture to create 2,800 jobs
Plans to lure one more US or Asian gaming brand for the second licence and build 500-700 room integrated resort also at D.R.Wijewardena Mawatha which will also have James Packer-Ravi Wijeratne’s Crown Colombo
Third licence committed to JKH’s $ 650 m Waterfront project; Dhammika’s existing brands of Bellagio, Bally’s and MGM will be phased out
Industry believes when operations of four new brands including Crown in full swing, 1 m more tourists could be drawn, with gaming specific visitors accounting for 40% owing to direct marketing

4DP and JKH Empty Re: DP and JKH on Mon Sep 16, 2013 3:53 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
So now we have to see how they are going to finance the project by VONE, its says debt & equity, so will the VONE also go for a right issue?

5DP and JKH Empty Re: DP and JKH on Mon Sep 16, 2013 6:19 pm

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Gaja wrote:So now we have to see how they are going to finance the project by VONE, its says debt & equity, so will the VONE also go for a right issue?
why do you think it is VONE? There is no visible connection with VONE and GAMING

6DP and JKH Empty Re: DP and JKH on Mon Sep 16, 2013 7:50 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Very Correct. Still Casino and Vone has no direct connection. Only indirect.................through DP...........DP can play around with minority investors by allocating money from VONE and make a separate agreement for casino deals personally which will be ridiculous.

I would say if DP lives for another 20 years we will see DP every nook and coner.

Even now if you travel 20km in a main road how many Sampath,LB,Vfin,PABC, RCL, Alu etc out lets can be seen. DP is every where............

Why the hell he delay to go for global branding. Sri lanka is a very small country ne?

7DP and JKH Empty Re: DP and JKH on Tue Sep 17, 2013 7:06 am

econ

econ
Global Moderator
@Arena wrote:Very Correct. Still Casino and Vone has no direct connection. Only indirect.................through DP...........DP can play around with minority investors by allocating money from VONE and make a separate agreement for casino deals personally which will be ridiculous.

I would say if DP lives for another 20 years we will see DP every nook and coner.

Even now if you travel 20km in a main road how many Sampath,LB,Vfin,PABC, RCL, Alu etc out lets can be seen. DP is every where............

Why the hell he delay to go for global branding. Sri lanka is a very small country ne?
Gambling money rules the sri lanka.

8DP and JKH Empty Re: DP and JKH on Tue Sep 17, 2013 8:00 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
His gambling is not illegal. So what ?

9DP and JKH Empty Re: DP and JKH on Tue Sep 17, 2013 8:54 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Arena wrote:Very Correct. Still Casino and Vone has no direct connection. Only indirect.................through DP...........DP can play around with minority investors by allocating money from VONE and make a separate agreement for casino deals personally which will be ridiculous.

I would say if DP lives for another 20 years we will see DP every nook and coner.

Even now if you travel 20km in a main road how many Sampath,LB,Vfin,PABC, RCL, Alu etc out lets can be seen. DP is every where............

Why the hell he delay to go for global branding. Sri lanka is a very small country ne?
well I don't know how this may pan out, but it makes more sense to go through VONE since they have the leisure sector. This can create some volatility in upcoming weeks or months.since kd has bigger chunk of shares in vone rather than HAYL. Why would he want one of the licences to be through HAYL Rolling Eyes
Its very interesting when we come up with various scenario on his next move. Who ever can map his moves will eventually make a good fortune know. Only time will tell.

10DP and JKH Empty Re: DP and JKH on Tue Sep 17, 2013 9:52 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
DP's casinos are part owned by a Singaporean who gave the name Vallibel to Vallibel Lanka. Vallibel Lanka owns a few ships that took food supplies to the North during the war time ....I believe this is still the case unless he bought others out

11DP and JKH Empty Re: DP and JKH on Thu Sep 19, 2013 9:32 am

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Is this why DP still delaying the construction of the hotel in Negambo ? Who knows if he would build the hotel for this casino in partnership with JKH or foreign party instead of the summer season hotel in Negambo. ?

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