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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Some good news hanging around the coner,get ready to rock!!!

Some good news hanging around the coner,get ready to rock!!!

+11
Think9
Tiger
UKboy
Niwa
dindon1
hariesha
nkalansu
WildBear
rijayasooriya
Fresher
shehan744
15 posters

Go to page : 1, 2  Next

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shehan744


Equity Analytic
Equity Analytic

This is a far better news than removal of Mr Malik,on 12th this month Commonwealth game hosts will be announced,there's a high chance that Sri Lanka will get it,it'll help market long term and short term,let's wait and see Very Happy Very Happy Very Happy

Fresher


Moderator
Moderator

news like that will not add value in the short term. it may be beneficial to news hunters.
what else? expressway opening on 18th? Very Happy

rijayasooriya

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

Not a reason for short term improvement.

WildBear


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

rijayasooriya wrote:Not a reason for short term improvement.
Neither long term, Sri Lanka will bankrupt and go to hell if we won this bid. But fortunately, it seems chance of winning this bid is minimal.

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

WildBear wrote:
rijayasooriya wrote:Not a reason for short term improvement.
Neither long term, Sri Lanka will bankrupt and go to hell if we won this bid. But fortunately, it seems chance of winning this bid is minimal.

After hosting Cricket World cup recently SL Cricket has gone bankrupt. Payments to certain parties are still to be made I think. So we have to wait and see what will happen if we win this one.

WildBear


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

nkalansu wrote:
WildBear wrote:
rijayasooriya wrote:Not a reason for short term improvement.
Neither long term, Sri Lanka will bankrupt and go to hell if we won this bid. But fortunately, it seems chance of winning this bid is minimal.

After hosting Cricket World cup recently SL Cricket has gone bankrupt. Payments to certain parties are still to be made I think. So we have to wait and see what will happen if we win this one.

Maintenance of Hambanthota,Pallekele and Premadasa ground has been given to SL Army as Sri Lanka Cricket is running out of funds,You can imagine the extent of losses.

http://www.adaderana.lk/news.php?nid=15620

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

If we get the opportunity, get ready for some value creation in GREG. It’s handy to collect some as prices are in the lowest levels. Suggestion is not for the guys only looking for respectable shares.

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

WildBear wrote:
nkalansu wrote:
WildBear wrote:
rijayasooriya wrote:Not a reason for short term improvement.
Neither long term, Sri Lanka will bankrupt and go to hell if we won this bid. But fortunately, it seems chance of winning this bid is minimal.

After hosting Cricket World cup recently SL Cricket has gone bankrupt. Payments to certain parties are still to be made I think. So we have to wait and see what will happen if we win this one.

Maintenance of Hambanthota,Pallekele and Premadasa ground has been given to SL Army as Sri Lanka Cricket is running out of funds,You can imagine the extent of losses.

http://www.adaderana.lk/news.php?nid=15620
If you have time please go and check what happened to all those countries aftermath of hosting Olympics,and commonwealth games in the recent past.90% of those countries got worsen effect,But those countries were economically far better than Sri Lanka when they post a bid.,The other competitor is Gold Cost in Australia and which has all the amenities to host a world event.,Even though some high profile Australians are against the bid considering the aftermath effect.
Hambantota!!!!????What???
Got nothing and need to start from the scratch.,need considerable amount of billions of not rupees but dollars to make it happen,..
Yes !!! Load Buddha did the animisalochana puja as a gesture of support he got from the Bo Tree.,But it did not harm anybody..,,But foolish Governor (dont like to mention the name)Who is trying to do this to his home town by extending the loop to the poor future generation to pay for all the huge loans to recover through their lives.
This is a great mistake!!! [b] Stay away from this,.and educate the fellow Sri Lankans!!!
We are considered an educated country and dont let the world to laugh at us.,Prevention is better that cure!!!

Niwa


Moderator
Moderator

shehan744 wrote:This is a far better news than removal of Mr Malik,on 12th this month Commonwealth game hosts will be announced,there's a high chance that Sri Lanka will get it,it'll help market long term and short term,let's wait and see Very Happy Very Happy Very Happy

Before 12th of this month, the expropriation bill come to the Parliament on 9th of this month, it will hurt business community.

UKboy

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

WildBear wrote:
rijayasooriya wrote:Not a reason for short term improvement.
Neither long term, Sri Lanka will bankrupt and go to hell if we won this bid. But fortunately, it seems chance of winning this bid is minimal.

Lets pray we wont get this...

This time only Come on Australia..!!! cheers

Tiger

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

I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Niwa


Moderator
Moderator

Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

Think9

Think9
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

what a stupid reason this is.. lol..

rijayasooriya

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

Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.
Why trincomalee ?

Tiger

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

Niwa wrote:
Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

How often you have passes though H.tota?, many people are going there to pass through to Kataragama. H.port for next 10years will operate as more like a bunkering port and reshipment port which has very little to do with greater economy and community. Do you envisage a mass migration to that part of country?

After the games all these infrastructure will be idling without much use. Same applies to other forms of infrastructure as well, I cant see people travelling all the way from colombo to participate in a conference in H.tota new conference hall, except occasionally. This is too much to waste for a country like SL.

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Guys if u juss look @ this web its huge prob for sri lanka

http://www.hambantota2018.com/press-releases/hambantota-2018-to-leave-a-legacy-like-no-other

I think still our big heads cnt think the way still sri lanka earns

01. Middle East Employees (Mostly ladies)
02. Garments (Now which on huge threat)
03. Liquor & Ciga (Which lead us to hell)

Y regulators cnt develop the nation instaed pumping money to this kind of Feasibility study failing projects !!!! Its great Hambanthota developing than colombo .. but its worst if Sri Lanka goes to hell after developing one area Sad

Even Countries like India Keep silent for last few years for many world event. Y this penny Sri Lanka try to get them & need to go for Hell ??

As UK Said lets Kangarooos win the Bid !!!!!!!!!!!!

Tiger

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

I wont SL to host the games in 2018, it will ignite many sectors in the economy. But my worry is the location, if it was held in a area where there would be much bigger impact during construction phase and after.

Just imagine the construction of H.port, it was one of the largest investments in the past few years, but was it felt in to the country. It was pretty alienated phinomina, same could happen to Games as well.

rijayasooriya

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

Tiger wrote:
Niwa wrote:
Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

How often you have passes though H.tota?, many people are going there to pass through to Kataragama. H.port for next 10years will operate as more like a bunkering port and reshipment port which has very little to do with greater economy and community. Do you envisage a mass migration to that part of country?

After the games all these infrastructure will be idling without much use. Same applies to other forms of infrastructure as well, I cant see people travelling all the way from colombo to participate in a conference in H.tota new conference hall, except occasionally. This is too much to waste for a country like SL.
U suggest trincomalee ?

Niwa


Moderator
Moderator

Tiger wrote:
Niwa wrote:
Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

How often you have passes though H.tota?, many people are going there to pass through to Kataragama. H.port for next 10years will operate as more like a bunkering port and reshipment port which has very little to do with greater economy and community. Do you envisage a mass migration to that part of country?

After the games all these infrastructure will be idling without much use. Same applies to other forms of infrastructure as well, I cant see people travelling all the way from colombo to participate in a conference in H.tota new conference hall, except occasionally. This is too much to waste for a country like SL.

This is the time to build all these infrustructure before its been crowded,there are enough lands for that. We need a second well prepared city in SL after Colombo,Htotoa is ideal for that, its location and vast empty land reserves. First pahse of southern high way is almost completed second phase will connect to the Mathara, it will reduce the time to travel. Htota airport will also be in place in few years. Southern is been our heart.Most of ppl who are dominating in every field are now are from southern. Take business community,most of them form Southern.

Htota port is a good beginning even if it takes 100 year to fully function. you know all these mega projects were only for talking nothing happened, Upper kotmale, Norochchole,and Htota port are good examples. I personally feel comport to have all these mega projects in Southern instead of East. this is not racism but now the sihals community in Colombo has been reduced to 40%. East is already well developed, i had visit last month,all roads and most of the infrastructure is in sound position. there are some parts in east where we feel like traveling on a road in a middle east country.

ppl will flock when there are enough facilities for sure. wait and see another 2-3 years and then we can speak with evidences

Tiger

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

Niwa wrote:
Tiger wrote:
Niwa wrote:
Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

How often you have passes though H.tota?, many people are going there to pass through to Kataragama. H.port for next 10years will operate as more like a bunkering port and reshipment port which has very little to do with greater economy and community. Do you envisage a mass migration to that part of country?

After the games all these infrastructure will be idling without much use. Same applies to other forms of infrastructure as well, I cant see people travelling all the way from colombo to participate in a conference in H.tota new conference hall, except occasionally. This is too much to waste for a country like SL.

This is the time to build all these infrustructure before its been crowded,there are enough lands for that. We need a second well prepared city in SL after Colombo,Htotoa is ideal for that, its location and vast empty land reserves. First pahse of southern high way is almost completed second phase will connect to the Mathara, it will reduce the time to travel. Htota airport will also be in place in few years. Southern is been our heart.Most of ppl who are dominating in every field are now are from southern. Take business community,most of them form Southern.

Htota port is a good beginning even if it takes 100 year to fully function. you know all these mega projects were only for talking nothing happened, Upper kotmale, Norochchole,and Htota port are good examples. I personally feel comport to have all these mega projects in Southern instead of East. this is not racism but now the sihals community in Colombo has been reduced to 40%. East is already well developed, i had visit last month,all roads and most of the infrastructure is in sound position. there are some parts in east where we feel like traveling on a road in a middle east country.

ppl will flock when there are enough facilities for sure. wait and see another 2-3 years and then we can speak with evidences

This is the senario that should happen, if that happens like that good for all.

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Tiger wrote:
Niwa wrote:
Tiger wrote:
Niwa wrote:
Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

How often you have passes though H.tota?, many people are going there to pass through to Kataragama. H.port for next 10years will operate as more like a bunkering port and reshipment port which has very little to do with greater economy and community. Do you envisage a mass migration to that part of country?

After the games all these infrastructure will be idling without much use. Same applies to other forms of infrastructure as well, I cant see people travelling all the way from colombo to participate in a conference in H.tota new conference hall, except occasionally. This is too much to waste for a country like SL.

This is the time to build all these infrustructure before its been crowded,there are enough lands for that. We need a second well prepared city in SL after Colombo,Htotoa is ideal for that, its location and vast empty land reserves. First pahse of southern high way is almost completed second phase will connect to the Mathara, it will reduce the time to travel. Htota airport will also be in place in few years. Southern is been our heart.Most of ppl who are dominating in every field are now are from southern. Take business community,most of them form Southern.

Htota port is a good beginning even if it takes 100 year to fully function. you know all these mega projects were only for talking nothing happened, Upper kotmale, Norochchole,and Htota port are good examples. I personally feel comport to have all these mega projects in Southern instead of East. this is not racism but now the sihals community in Colombo has been reduced to 40%. East is already well developed, i had visit last month,all roads and most of the infrastructure is in sound position. there are some parts in east where we feel like traveling on a road in a middle east country.

ppl will flock when there are enough facilities for sure. wait and see another 2-3 years and then we can speak with evidences

This is the senario that should happen, if that happens like that good for all.
Not agreed,.Hambantota is too hot and dry.,drinking water quality is very poor.,If there is a second commercial city like colombo it should be some where else but not Hambantota.Cities like kandy Galle, Kegalle needs resources as well

Niwa


Moderator
Moderator

Tiger wrote:I wont SL to host the games in 2018, it will ignite many sectors in the economy. But my worry is the location, if it was held in a area where there would be much bigger impact during construction phase and after.

Just imagine the construction of H.port, it was one of the largest investments in the past few years, but was it felt in to the country. It was pretty alienated phinomina, same could happen to Games as well.

So, let us develop Htota as a sport city,where we can have all the facilities in once place, instead of building everything in this jam packed Colombo. what ever we say or done, real talents are not in Colombo but outside.this will give those ppl good opportunity, facilities to sharpen their inborn talents. I am very optimistic that this will be a good investment for the sport of SL.

Niwa


Moderator
Moderator

dindon1 wrote:
Tiger wrote:
Niwa wrote:
Tiger wrote:
Niwa wrote:
Tiger wrote:I think SL should hold the CW games 2018, It will do more good than bad. However pumping more and more money in to remote area like H.tota is just a waste of money for a poor country like SL. If same funds were utilized in a area like Trincomalee country would have already bounced back, which would have big impact.

In couple of years time we could see ghost towns.

Reasons for your conclusion??

How often you have passes though H.tota?, many people are going there to pass through to Kataragama. H.port for next 10years will operate as more like a bunkering port and reshipment port which has very little to do with greater economy and community. Do you envisage a mass migration to that part of country?

After the games all these infrastructure will be idling without much use. Same applies to other forms of infrastructure as well, I cant see people travelling all the way from colombo to participate in a conference in H.tota new conference hall, except occasionally. This is too much to waste for a country like SL.

This is the time to build all these infrustructure before its been crowded,there are enough lands for that. We need a second well prepared city in SL after Colombo,Htotoa is ideal for that, its location and vast empty land reserves. First pahse of southern high way is almost completed second phase will connect to the Mathara, it will reduce the time to travel. Htota airport will also be in place in few years. Southern is been our heart.Most of ppl who are dominating in every field are now are from southern. Take business community,most of them form Southern.

Htota port is a good beginning even if it takes 100 year to fully function. you know all these mega projects were only for talking nothing happened, Upper kotmale, Norochchole,and Htota port are good examples. I personally feel comport to have all these mega projects in Southern instead of East. this is not racism but now the sihals community in Colombo has been reduced to 40%. East is already well developed, i had visit last month,all roads and most of the infrastructure is in sound position. there are some parts in east where we feel like traveling on a road in a middle east country.

ppl will flock when there are enough facilities for sure. wait and see another 2-3 years and then we can speak with evidences

This is the senario that should happen, if that happens like that good for all.
Not agreed,.Hambantota is too hot and dry.,drinking water quality is very poor.,If there is a second commercial city like colombo it should be some where else but not Hambantota.Cities like kandy Galle, Kegalle needs resources as well

All these cities you are talking about are already crowded, so it needs extra expenses to compensate ppl living in those areas but in Htota, there are well reserved empty lands available. if heat is a factor, Middle east countries have vanished a long back. water can be purified once everything is set. why dont we give a chance for southern region,its playing very important part beneath.

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

I dont think we can compare with the Middle East. Due they have good money infrastructre is devlop though country climate is heat. H'tota devlop is fine, but same way they have to think about other cities devlopment also.

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think all big hotel also waiting till announcement of commonwealth game to start construction. cos even-though gov say still yet to be started new hotel in construction.

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