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Sri Lanka Equity Forum » Stock Market Entertainment » HEADLINES OF THE FUTURE: MILCO

HEADLINES OF THE FUTURE: MILCO

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1 HEADLINES OF THE FUTURE: MILCO on Sat Jan 31, 2015 8:15 pm

Senior Citizen

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
losses are escalating at MILCO at an alarming rate.
Fraud and corruption galore!


2 Re: HEADLINES OF THE FUTURE: MILCO on Mon Feb 02, 2015 4:37 pm

EquityChamp

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Moderator
Is this real. Heard government had given Rs300mn grant previously.

3 Re: HEADLINES OF THE FUTURE: MILCO on Mon Feb 02, 2015 4:47 pm

Senior Citizen

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@EquityChamp wrote:Is this real. Heard government had given Rs300mn grant previously.

This is a bottomless pit when it comes to aid and grants. The whole company is EX-GRATIA. Top to bottom.

4 Re: HEADLINES OF THE FUTURE: MILCO on Mon Feb 02, 2015 6:19 pm

EquityChamp

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Moderator
Then why theyontinue I mean why government pump money. Still their products are in the market.

5 Re: HEADLINES OF THE FUTURE: MILCO on Mon Feb 02, 2015 7:17 pm

Senior Citizen

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@EquityChamp wrote:Then why theyontinue I mean why government pump money. Still their products are in the market.

You see milk is a political commodity of sorts.
What will happen to the Vote in the hill country where most of the milk supply is by Tamil farmers in Gampola, Neliya, Passar etc.

Touching Thondamans people is serious business. May be Thonda may not be a big man now like his father. But milk has to be collected from them and they need jobs.

Whether running at a loss or not.

6 Re: HEADLINES OF THE FUTURE: MILCO on Wed Feb 04, 2015 12:08 pm

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
At least they would retaing narahenpita land now. Pathirage's shady deal with MR is off.

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