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Sri Lanka Equity Forum » Stock Market Talk » WHAT HAPPENED TO DIST?

WHAT HAPPENED TO DIST?

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1 WHAT HAPPENED TO DIST? on Mon Apr 09, 2018 11:02 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Can any body tell what is happening to Dist. what would be the bottom price.

2 Re: WHAT HAPPENED TO DIST? on Mon Apr 09, 2018 12:25 pm

EquityChamp

avatar
Moderator
Just wait and see. Its still having the honeymoon in its second marriage Very Happy

3 19/= bracking Level on Wed Apr 11, 2018 12:24 pm

max shanu


Equity Analytic
Equity Analytic
19/= bracking Level.good price to buy

4 Re: WHAT HAPPENED TO DIST? on Wed Apr 11, 2018 2:59 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
any idea why it came down ?

5 Re: WHAT HAPPENED TO DIST? on Wed Apr 11, 2018 5:27 pm

EquityChamp

avatar
Moderator
I think people who have got DIST shares for MELS dividend has sold out to get cash. That probably has affected the share price.But soon it will stabilise at the proper price.

6 Re: WHAT HAPPENED TO DIST? on Wed Apr 11, 2018 11:30 pm

geeshanpradeep


Stock Trader
What would be the best price to buy..? Will it further come down..

7 Re: WHAT HAPPENED TO DIST? on Thu Apr 12, 2018 6:49 am

EquityChamp

avatar
Moderator
Better to refer the technical chart

8 Re: WHAT HAPPENED TO DIST? on Thu Apr 12, 2018 11:21 am

Miss-Sangeetha

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The Private placement of 1,600,000,000 DIST shares @ 12.50 to Melstacorp PLC and simultaneous reduction of state capital DIST are now reflecting in the DIST downward trend at CSE.

Further the value added tax imposed on alcohol in the last year’s budget as well as import tax on ethanol effective from first of November last year also going to reflect in the DIST’S future results.

Externally, the possible strike on Syria by US and Russian threatening of shoot down of US missile also first going to affect DIST, JKH and so on, because foreign investors will dump these shares in the event of war as these are the foreign investor’s favorite counters.    

9 Re: WHAT HAPPENED TO DIST? on Thu Apr 12, 2018 6:34 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
crisis in the management ! this is what i heared might be true or false ! the share price will go down further ! good for bargain hunters ! try to buy at the lowest ! may be 10-15 levels ! this what i feel do your own analysis ! good luck

10 Re: WHAT HAPPENED TO DIST? on Mon Apr 16, 2018 10:41 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@EquityChamp wrote:Just wait and see. Its still having the honeymoon in its second marriage Very Happy
EC.   It looks like honeymoon is over with the New year. Very Happy Very Happy Very Happy

11 Re: WHAT HAPPENED TO DIST? on Mon Apr 16, 2018 1:57 pm

EquityChamp

avatar
Moderator
@Eugine Fernando wrote:
@EquityChamp wrote:Just wait and see. Its still having the honeymoon in its second marriage Very Happy
EC.   It looks like honeymoon is over with the New year. Very Happy Very Happy Very Happy
Yes That's what I told to wait till the price is getting stabilized. Now more and more bargain hunters back in to the stock and as a result we are seeing the price appreciation. Very Happy

12 Re: WHAT HAPPENED TO DIST? on Tue Apr 17, 2018 12:55 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@EquityChamp wrote:
@Eugine Fernando wrote:
@EquityChamp wrote:Just wait and see. Its still having the honeymoon in its second marriage Very Happy
EC.   It looks like honeymoon is over with the New year. Very Happy Very Happy Very Happy
Yes That's what I told to wait till the price is getting stabilized. Now more and more bargain hunters back in to the stock and as a result we are seeing the price appreciation. Very Happy

What would be the Tomorrow`s ending price?

13 Re: WHAT HAPPENED TO DIST? on Tue Apr 17, 2018 6:51 pm

EquityChamp

avatar
Moderator
@Eugine Fernando wrote:
@EquityChamp wrote:
@Eugine Fernando wrote:
@EquityChamp wrote:Just wait and see. Its still having the honeymoon in its second marriage Very Happy
EC.   It looks like honeymoon is over with the New year. Very Happy Very Happy Very Happy
Yes That's what I told to wait till the price is getting stabilized. Now more and more bargain hunters back in to the stock and as a result we are seeing the price appreciation. Very Happy

What would be the Tomorrow`s ending price?
This is the golden question now all are having
 But the answer is the same.

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