FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Today at 11:20 am

» DIPD/HAYC/HAYL
by Wickyz Today at 11:19 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Wolf86 Sat Apr 17, 2021 2:00 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Thu Apr 15, 2021 11:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by learningthemarket Thu Apr 15, 2021 8:18 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Market Vs. Regulation

Market Vs. Regulation

Go to page : Previous  1, 2

Go down  Message [Page 2 of 2]

21Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 12:05 am

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Asanga Seneviratne is one of the pioneers and great personalities of stock brokering in Sri Lanka. He had been instrumental in many deals including the the takeover of Nation Lanka Finance and facilitating the controversial takeover of Richard Pieris and company on behalf of Dr Sena yaddehige.

Since of late Mr Seneviratne had been concentrating on tourism project in the east coast, successfully raising over Rs 2 bn from foreign investors mainly from USA whilst his absence in the equity market has been a great loss to Sri Lanka.

His contribution and advise to SEC is greatly required under the current circumstances. His comments to Sunday leader newspaper which he suppose to own proves his unbiased opinion about the stock market and the regulations!!!

22Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 12:49 am

UKboy


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
" wrote:
Seneviratne said that one of the golden eras of the Colombo bourse was in the early 1990s when there was little or no regulation, which however attracted foreign investments.

According to Mr Seneviratne yes there was so called golden era in early 1990s but soon after that period the market (almost) collapsed (BTW he forgot to mention it..!). Yes there was very little or no regulations in those days.

But in 2011. Market did not collapse. Luckily much better rules and regualtions are implemented. (OK I agree its not perfect but far better than early days)

If SEC had not introduced new rules we would have seen another market collapese in mid 2011.

23Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 1:44 am

lokuayya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
yes ,yes,in 2011 regulators were very good and smart.they caught and punished three clerks of a local bank who manipulated the market by buying rs15000/ worth shares.


24Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 7:31 am

UKboy


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@lokuayya wrote:yes ,yes,in 2011 regulators were very good and smart.they caught and punished three clerks of a local bank who manipulated the market by buying rs15000/ worth shares.

Please can you let me know just one local governing body which works according to rules in the book or penalise all wrong doings within that governing body?

25Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 9:00 am

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Quibit wrote:Asanga Seneviratne is one of the pioneers and great personalities of stock brokering in Sri Lanka. He had been instrumental in many deals including the the takeover of Nation Lanka Finance and facilitating the controversial takeover of Richard Pieris and company on behalf of Dr Sena yaddehige.

Since of late Mr Seneviratne had been concentrating on tourism project in the east coast, successfully raising over Rs 2 bn from foreign investors mainly from USA whilst his absence in the equity market has been a great loss to Sri Lanka.

His contribution and advise to SEC is greatly required under the current circumstances. His comments to Sunday leader newspaper which he suppose to own proves his unbiased opinion about the stock market and the regulations!!!

It may be your view, but when I read this interview what I see is very irresponsible and lawless views.
How can a broker say it's the investor's error when big players and brokers gang up and join the manipulations. Aren't brokers "investment advisers" or "investment analysts"? Aren't we paying for that? How many times have you been 'adviced' to buy speculative stocks if you ask for advice?

He may have brokered deals. That must be his profession. When you want to buy or sell a property you hire a broker and you give a percentage of the deal. Does it make the broker a great personality or pioneer? It his job to get your property bought and sold and get a commission out of it.

Why do we have laws against heroine? Why not educate the public and remove the laws. So that heroine can be freely available in groceries. So we educate the public the dangers of the drug. We can't do it. It doesn't work that way. We have to catch the criminals, stop the distribution. It may not work but civilized people are always try that.

Brokers are not happy because they're profits have gone down. Part of the retail investors are unhappy because they bought overvalued shares. But you can't let the whole economy and the financial system fail because of that which is depended on the other 99.9999% population.

Anyway even if they do get more credit it would be just a temporary plaster for a few days. It just delays the natural behaviour.

And why didn't the foreign investors buy the equity market shares? Why do they go for direct investments?



Last edited by aj on Tue Dec 13, 2011 9:26 am; edited 2 times in total

26Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 9:05 am

econ

econ
Global Moderator
Agreed with asanga senevirathne here. SEC ruined the market with unnecessary regulations . market behavior should be decided by market players not the bureaucrats in the sec . SEC intervention only aggravate the situation.
I am a full supporter of free and open market economy with least intervention by government.

27Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 9:11 am

Appuhamy


Manager - Equity Analytics
Manager - Equity Analytics

Yes. correct ...

28Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 9:42 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
@UKboy wrote:
@lokuayya wrote:yes ,yes,in 2011 regulators were very good and smart.they caught and punished three clerks of a local bank who manipulated the market by buying rs15000/ worth shares.

Please can you let me know just one local governing body which works according to rules in the book or penalise all wrong doings within that governing body?


Then why to make heavy unneasarry rules.... market has to work as supply and demand theory. I am agree rules has to be thier to control the things... but not over.. not to kill.

29Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 9:43 am

K.Haputantri

K.Haputantri
Co-Admin
I firmly believe that the Forum needs cater to all players of the Market such as policy makers(Finance Ministry, Treasury, Central Bank etc), regulaters, market participants(banka, brokers etc) and investors. The first three catagories are trustees who play their respective roles for the benefit of the country. The fourth category has placed their trust on them in good faith. Ultimately it is the fourthe category (investors) who face the consequences of good/bad decisions and actions or inactions of the trustees. Hence, not only that their should be fairplay in the market but also it should be seen and accepted by all concerned.

30Market Vs. Regulation - Page 2 Empty Re: Market Vs. Regulation Tue Dec 13, 2011 12:02 pm

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@econ wrote:Agreed with asanga senevirathne here. SEC ruined the market with unnecessary regulations . market behavior should be decided by market players not the bureaucrats in the sec . SEC intervention only aggravate the situation.
I am a full supporter of free and open market economy with least intervention by government.

Totally agree with you. That will happen where law and order respected for everyone by the authority.
But here so called big market players are bubbling the market with their financial and political influence no?

Sponsored content


Back to top  Message [Page 2 of 2]

Go to page : Previous  1, 2

Permissions in this forum:
You cannot reply to topics in this forum