DPL.N0000 (Dankotuwa Porcelain PLC)
- yellow knifeTop contributor
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DPL.N0000 (Dankotuwa Porcelain PLC)
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1. This was a Janatha Company.( People's Company). Therefore there is a very powerful workers union.
When this company was listed, its Union wanted to continue circulating monthly reports but as per requirements of listed company you have to publish only quarter reports. So there was a conflict of reporting style initially. ( may be false)
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2. This company had a management change and Japanese got into management. In the first meeting with the Japanese management, the Japanese head asked from the CEO what are the problems he forsee with the Japanese collaboration. CEO sensing a possible problem with the communication with foreigners by his employees said that the English knowledge of the average worker (Sri Lankan) is not upto the standard.
Japanese Head said
"Mr. K.... B......, here what we manufacture Ceramic items and not English..So don't worry about the quality of English but Ceramic"
(no source to refer..may be false story among workers )
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3. This company went for a right issue in 2007. Just before them JKH went for a rights issue which was the biggest rights issue upto then in Sri Lanka. After getting the rights fully subscribed JKH did nothing but invested in Treasury bills which the subscribers could have done it themselves alone. Therefore the next right issue by DPL was not a successful one.
( Can remember so, but could not really find proper sources either to prove or to reject )
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
Anyone who has purchased DPL at highest during 2011 would never be able to sell above his cost in near future.
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
Since the data is based on number of pieces it shows the real picture which otherwise would have been hood-winked by Forex fluctuations.
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
We are not export oriented.
DPL.N in one of last annual reports state that Europeans are moving away from Fine-dining culture and the ceramic sets are getting out of European tables.
2014/15 annual report shows the alternative they have taken.
" your company is now aggressively refocusing its business on high growth emerging markets and significant ground work has already been done to rapidly expand the company's operations in India including the launch of our own showrooms in India with products developed by both DPL and RFPL specifically for Indian consumer."
We, Sri Lankans have not understood properly the Indian up-market and tourism by generalizing after viewing few poor Indians and by listening to cheap Politicians.
India is the country where DeBeers the Diamond manufacturer is looking at. Many Hindi and India based movies are trying to promote Diamonds in the country. Happy New Year, Krrish and many other Diamond Robbery movies are promoters targeting upper middle-class of India.
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- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
DANKOTUWA PORCELAIN - RIGTHS ISSUE (DATES)
DANKOTUWA PORCELAIN PLC
Company ID: - DPL
Date of Initial Announcement: - 30.Jul.2015
Proportion: - Five (05) new ordinary shares for every four (04) existing ordinary shares held
Issue Price: - Rs. 8.00 /-
Qty Offered: - 90,307,178
General Meeting / Provisional Allotment: - 04.Nov.2015
Date EX: - 05.Nov.2015
Dispatch of Provisional Letter of Allotment: - 12.Nov.2015
Trading Commences on: - 18.Nov.2015
Renunciation: - 26.Nov.2015
Last Date of Acceptance & Payment: - 27.Nov.2015
Share Transfer Book Open
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
However I like to quote a nice term.
There is a difference between Asset Traders and Entrepreneurs.
- xmartTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- indi009
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
Please give us your idea.....
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
Just evaluate yourself and buy what suits you
It seems you are impatient so buy things that give quick gains..
DPL will not give quick gains
- smallvilleTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
Dr. Sena Yaddehige and even Dammika Perera are good entrepreneurs where as Taprobane or Lion Heart are mere asset traders..
- BackstageTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
But the commitment from owners is needed...
- BackstageTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
yellow knife wrote:agreed BS
But the commitment from owners is needed...
Or coercion by the state within a strong long term industrial vision/policy.
- yellow knifeTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- Ethical TraderTop contributor
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
- NIRMALSG
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
Dankotuwa most loved houseware brand in Sri Lanka
Ranked amongst most loved brands in Sri Lanka compiled by Brand Finance and published by LMD
Dankotuwa Porcelain PLC, renowned for its luxurious and elegant porcelain tableware was adjudged as the most loved houseware brand this year by Brand Finance. Globally recognized for its luxurious and elegant porcelain tableware – one with remarkable whiteness that radiates a sense of pristine beauty, Dankotuwa Porcelain continues to win the hearts of millions in Sri Lanka and round the world.
Commenting on their achievements, Dr Sajeeva Narangoda, Chief Executive Officer - Dankotuwa Porcelain PLC stated “The last financial year saw Dankotuwa Porcelain brand experience a transformation process including adding in well planned distribution strategies to increase customer accessibility to Sri Lanka’s iconic porcelain brand. As a brand, we have always taken pride in our heritage and have earned respect amongst our local and international customers for the simple reason of maintaining international quality standards in every product we manufacture and at everything we do. Therefore, while we take pride in acknowledging this recognition, its certainly encouraging to see Dankotuwa being acknowledged for the values the brand espouses”.
Dankotuwa Porcelain PLC, a subsidiary of Ambeon Holdings PLC commenced its commercial operations in 1984. From superior glazing technologies, personalized designs and endless options, the company continues to create timeless and modern collection of porcelain-ware that expresses exclusive dining experience for every occasion. “As member of the Ambeon Group, Dankotuwa Porcelain as a brand continues its quest for innovation by launching products consisting of timeless designs, giving customers value for money in every purchase they make. The company will continue to both thrill and fascinate all its stakeholder with all new products planned to be launched over the coming months; aimed at bolstering and exciting our fans and the industry alike,” stated Mr. Murali Prakash, Group Managing Director and Chief Executive Officer of Ambeon Capital PLC and Ambeon Holdings PLC.
Being the recipient of the bronze award in the catering products/table top specialties category at the prestigious European Product Design Awards (ePDA) 2017, Dankotuwa Porcelain continues to be a trend setter and take world by storm by manufacturing superior quality porcelain tableware for reputed international brands such as Portmeirion, Oneida, Macy’s, Country Roads, Lenox, John Lewis, Crate & Barrel, Migros, Jashanmal, Ralph Lauren, the Walt Disney Company and Dilmah. As a result, the company has been instrumental in significantly expanding the profile of Sri Lankan porcelain tableware, taking it to new heights worldwide.
Another important feature of Dankotuwa Porcelain tableware is the fact that it is safe for all aspects of dining, as the raw materials used for white products are Lead (Pb) and Cadmium (Cd) safe and does not contain bone ash. The company has the unparalleled distinction of being the first tableware manufacturer in Sri Lanka to obtain the relevant ISO certification, thus maintaining high quality standards where products can be used in a microwave or a dishwasher. Voted as one of Sri Lanka’s Super Brands, recipient of the Presidential Export Awards and nominated as Most Outstanding Exporter (NCE) on several occasions, the elegance, sophistication and superiority of Dankotuwa Porcelain has earned for the company a reputation for being the best in Asia, Europe and the US. Within the milieu of growth, the Group continues to progress in the areas of Social Compliance Initiative and Monitoring Systems, which demonstrates its commitment towards maintaining overall social standards while conducting its business.
- The Invisible
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Re: DPL.N0000 (Dankotuwa Porcelain PLC)
NAV @ 16/- level and after some time of trading around 6/- today moved up by 80 cents with a volume of over 2mn.
Tomorrow ????
- sereneTop contributor
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