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Sell tile share!!

+2
nis2010
jayathu
6 posters

Go down  Message [Page 1 of 1]

1Sell tile share!! Empty Sell tile share!! Fri Sep 04, 2015 4:03 pm

jayathu


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

Before the election Ravi karunanayake said he's planing on reviewing the tile import tax. He was saying in the country tile market has become monopoly. To fight that he's going to remove the import tax on tile. If that happen in November budget announcement prices will come down on imported tile and all DP tile companies margin will get drastically reduced to survive in the market. Don't buy tile n sell your existing shares if you have

2Sell tile share!! Empty Re: Sell tile share!! Fri Sep 04, 2015 4:06 pm

nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

jayathu wrote:Before the election Ravi karunanayake said he's planing on reviewing the tile import tax. He was saying in the country tile market has become monopoly. To fight that he's going to remove the import tax on tile. If that happen in November budget announcement prices will come down on imported tile and all DP tile companies margin will get drastically reduced to survive in the market. Don't buy tile n sell your existing shares if you have
than we can have low quality chinese tiles.

3Sell tile share!! Empty Re: Sell tile share!! Fri Sep 04, 2015 4:45 pm

Quibit


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

Tile and Ceramic Companies Monopolies will be broken. Govt will reduce import duty on imported tiles and fitting to prevent Dammika Perera Monopoly in the sector. Stay away from Tile, Ceramic and Aluminium Companies owned by DP.

4Sell tile share!! Empty Re: Sell tile share!! Fri Sep 04, 2015 6:33 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Thanks to former Finance minister Ravi K openly making public threats to play with Tile sector ( very unprofessional to say such in public) the share price took a hit. If some action needs to be taken do it after discussion at parliament and then comment in public. This is like super gain tax threat which never got approved. If Ravi K is given FM post ( I think there will be reshuffle) , and he wants to bring Super Tax again withotu learning a lesson , he is going to get lot of opposition Ican tell you.

On LWL , Last quarter earning were quite good on YOY . People for some reason like to see growth every quarter .

Ravi K has returned and want to play with Tile sector imports, there is possibility it will back fire ( will reserve my comments for now as to why)

5Sell tile share!! Empty Re: Sell tile share!! Mon Sep 07, 2015 3:07 pm

Jiggysaurus

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

Slstock wrote: If Ravi K is given FM post ( I think there will be reshuffle) , and he wants to bring Super Tax again withotu learning a lesson , he is going to get lot of opposition Ican tell you.



Ayyo why do you think there will be reshuffle have copy pasted a poste from somewhere else?

6Sell tile share!! Empty Re: Sell tile share!! Mon Sep 07, 2015 3:35 pm

ddrperera


Vice President - Equity Analytics
Vice President - Equity Analytics

Jiggysaurus wrote:
Slstock wrote: If Ravi K is given FM post ( I think there will be reshuffle) , and he wants to bring Super Tax again withotu learning a lesson , he is going to get lot of opposition Ican tell you.



Ayyo why do you think there will be reshuffle have copy pasted a poste from somewhere else?
that is not good..this will affect to dammika 5% our people 95%..because of we should appreciate our local products..it  helps to create job opportunities,raw material usage, spread srilankan brand ,improve technology..solution proper  price control . very few percentage  our own manufacturing products are available in the market ...most of them importedDammmika ta meka naa kiyala mukuth wen naa

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