- Catalystic Factor Revealed .. ! -

Chanuque · 1 - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:39 am

Chanuque

Manager - Equity Analytics

Posts : 262
Equity Stars : 6295
Reputation : 14
Join date : 2011-03-30
Location : Pitipana North Homagama | LK

The logic, we have to interpret over this JKH deal is that a foreign fund management company has the confidence and faith on Sri Lankan PLCs though we are in a mess made by a system and its people. This definitely will be an enormous boost for the local investors. This will be the end of the tunnel .. Think of it .. !

aj · 2 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:43 am

aj

Assistant Vice President - Equity Analytics

Posts : 766
Equity Stars : 5430
Reputation : 45
Join date : 2011-11-25

Government sold dollars to defend currency. Now they can't do it. Now they sold JKH to defend the currency. What are they going to sell next?

stumpy · 3 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:44 am

stumpy

Senior Manager - Equity Analytics

Posts : 515
Equity Stars : 5675
Reputation : 51
Join date : 2011-04-29
Location : Colombo

Wives ???

aj · 4 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:51 am

aj

Assistant Vice President - Equity Analytics

Posts : 766
Equity Stars : 5430
Reputation : 45
Join date : 2011-11-25

A sensible government would cut all unwanted government expenses, politician allowances, politician vehicle fleets, discourage use of gas wasting billion rupee metal machine SUVs, building garden footpaths, planting flowers and grass, doing landscaping in Parliament road, and stick to simple things like cleaning, mending roads so that they're not broke after 1 month of use, will not clear forests in Anuradhapura and will not waste billions in exhibition stalls so that now only the newly made desert remains. Then we'll see the end of the tunnel. We were very lucky we didn't get the Hambantota common wealth games. Imagine.

Chanuque · 5 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:57 am

Chanuque

Manager - Equity Analytics

Posts : 262
Equity Stars : 6295
Reputation : 14
Join date : 2011-03-30
Location : Pitipana North Homagama | LK

When all the so called hard currencies are having a free fall, LKR should devalue accordingly in order to protect our export revenues. Coming back to selling JKH stake, it will pump in foreign funds that the economy needs right now .. I can be sure the EPF has made a good gain out of this deal .. Forget about all the political differences that we have ..

kam2011 · 6 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:03 am

kam2011

Senior Manager - Equity Analytics

Posts : 554
Equity Stars : 5444
Reputation : 52
Join date : 2011-03-24

Chanuque wrote:When all the so called hard currencies are having a free fall, LKR should devalue accordingly in order to protect our export revenues. Coming back to selling JKH stake, it will pump in foreign funds that the economy needs right now .. I can be sure the EPF has made a good gain out of this deal .. Forget about all the political differences that we have ..

Well said dear.

aj · 7 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:11 am

aj

Assistant Vice President - Equity Analytics

Posts : 766
Equity Stars : 5430
Reputation : 45
Join date : 2011-11-25

Chanuque wrote:When all the so called hard currencies are having a free fall, LKR should devalue accordingly in order to protect our export revenues. Coming back to selling JKH stake, it will pump in foreign funds that the economy needs right now .. I can be sure the EPF has made a good gain out of this deal .. Forget about all the political differences that we have ..

I think you were completely wrong dear. LKR didn't need to be devalued, it would have devalued like crazy if CB didn't sell dollars like crazy earlier. It's not like Sri Lanka was holding the LKR from appreciating like what China did earlier. You don't have to protect the export revenue. When the currency gets devalued the export revenue goes up naturally. You don't have to protect the exports. It naturally goes up in value. What you have to do is stop waste.
Finally it comes down to a force selling. JKH deal is a force selling, isn't it.
Pension funds were forced to sell to their stake, your stake to find dollars.
Worst thing is if locals start buying them from the foreigners again.

manula · 8 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:17 am

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6016
Reputation : 55
Join date : 2011-04-18
Location : Qatar

Chanuque wrote:When all the so called hard currencies are having a free fall, LKR should devalue accordingly in order to protect our export revenues. Coming back to selling JKH stake, it will pump in foreign funds that the economy needs right now .. I can be sure the EPF has made a good gain out of this deal .. Forget about all the political differences that we have ..

Good gain ??? any idea when EPF brought this stake... next question is whether this money EPF will reinvest in the market.. or will take to cover the government debts ???

sriranga · 9 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:30 am

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23023
Reputation : 2855
Join date : 2011-02-01
Location : London

manula wrote:

Chanuque wrote:When all the so called hard currencies are having a free fall, LKR should devalue accordingly in order to protect our export revenues. Coming back to selling JKH stake, it will pump in foreign funds that the economy needs right now .. I can be sure the EPF has made a good gain out of this deal .. Forget about all the political differences that we have ..

Good gain ??? any idea when EPF brought this stake... next question is whether this money EPF will reinvest in the market.. or will take to cover the government debts ???

In the Financial Year 2011 they bought huge amount of JKH.
Please see below

- Catalystic Factor Revealed .. ! - Epf11-10

And in Financial Year 2011/2011 also considerable amount.
Please see below

- Catalystic Factor Revealed .. ! - Jkh10

Last edited by sriranga on Fri Mar 16, 2012 11:34 am; edited 1 time in total

Chanuque · 10 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:34 am

Chanuque

Manager - Equity Analytics

Posts : 262
Equity Stars : 6295
Reputation : 14
Join date : 2011-03-30
Location : Pitipana North Homagama | LK

AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back on its owners' goodwill .. ! ( The era is changing hands from the West to the East as the Sleeping Dragon | CN and Gentle Giant | IN along with the Lankan Lion | LK are heading up for more brighter days .. )

aj · 11 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:59 am

aj

Assistant Vice President - Equity Analytics

Posts : 766
Equity Stars : 5430
Reputation : 45
Join date : 2011-11-25

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back to its owners goodwill .. !

I don't know how this has anything to do with politics. But I'd like to point out one thing. The EPF assets are paid and owned by the workers who earned this money by spilling their blood, sweat and tears. It's not a central bank chiefs money or the politicians. It's should not have been something that could be force sold by politicians when they want it for whatever reason they need it. DId they ask the owners when selling the property?

Chanuque · 12 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 12:26 pm

Chanuque

Manager - Equity Analytics

Posts : 262
Equity Stars : 6295
Reputation : 14
Join date : 2011-03-30
Location : Pitipana North Homagama | LK

No matter how you invest the EPF funds ( Whether in equities or any other forms ), it is generating profits and interest if they place it right.
What is this phobia on government spending in Sri Lanka. Do you think the US or the UK does it better .. ?
Does any EPF recipient deny his or her money when applied .. ??
In any country including Sri Lanka, we can not change the system overnight. But, we can at least, see there are some positive changes benefited by the islanders than before. Yet, some are constantly complaining .. I do not know why .. !

Thank you all for your feedback .. !!

manula · 13 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 12:36 pm

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6016
Reputation : 55
Join date : 2011-04-18
Location : Qatar

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back on its owners' goodwill .. ! ( The era is changing hands from the West to the East as the Sleeping Dragon | CN and Gentle Giant | IN along with the Lankan Lion | LK are heading up for more brighter days .. )

Seems to be EPF brought JKH shares in 2010/2011 in the peak period..and now selling with the loss.. so to cover the debts sold the funds with loss...????

Xmen · 14 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 12:38 pm

Xmen

Senior Equity Analytic

Posts : 72
Equity Stars : 4604
Reputation : 0
Join date : 2012-01-17

Chanuque wrote:No matter how you invest the EPF funds ( Whether in equities or any other forms ), it is generating profits and interest if they place it right.
What is this phobia on government spending in Sri Lanka. Do you think the US or the UK does it better .. ?
Does any EPF recipient deny his or her money when applied .. ??
In any country including Sri Lanka, we can not change the system overnight. But, we can at least, see there are some positive changes benefited by the islanders than before. Yet, some are constantly complaining .. I do not know why .. !

Thank you all for your feedback .. !!

V. good explanation. tnx

wiki · 15 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 9:35 pm

wiki

Assistant Vice President - Equity Analytics

Posts : 687
Equity Stars : 5694
Reputation : 41
Join date : 2011-02-03
Location : Colombo

aj wrote:

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back to its owners goodwill .. !

I don't know how this has anything to do with politics. But I'd like to point out one thing. The EPF assets are paid and owned by the workers who earned this money by spilling their blood, sweat and tears. It's not a central bank chiefs money or the politicians. It's should not have been something that could be force sold by politicians when they want it for whatever reason they need it. DId they ask the owners when selling the property?

Did they (EPF) ask from workers when buying ......why should they ask when selling ?

Rajaraam · 16 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 9:39 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6032
Reputation : 113
Join date : 2011-07-01

manula wrote:

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back on its owners' goodwill .. ! ( The era is changing hands from the West to the East as the Sleeping Dragon | CN and Gentle Giant | IN along with the Lankan Lion | LK are heading up for more brighter days .. )

Seems to be EPF brought JKH shares in 2010/2011 in the peak period..and now selling with the loss.. so to cover the debts sold the funds with loss...????

Who says that? According to EPF statement they have made a good capital gain from this transaction.

illuminati · 17 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 5:53 am

illuminati

Senior Manager - Equity Analytics

Posts : 336
Equity Stars : 4927
Reputation : 12
Join date : 2011-12-05

Chanuque wrote:The logic, we have to interpret over this JKH deal is that a foreign fund management company has the confidence and faith on Sri Lankan PLCs though we are in a mess made by a system and its people. This definitely will be an enormous boost for the local investors. This will be the end of the tunnel .. Think of it .. !

Shows the general ignorance. Sign of more dumb money to come !

illuminati · 18 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 6:03 am

illuminati

Senior Manager - Equity Analytics

Posts : 336
Equity Stars : 4927
Reputation : 12
Join date : 2011-12-05

The Government has no option other than to sell their assets to come out of the BOP crisis. There will be many more of this. Banks will be next. How can any body say it is a good sign when the biggest local investor start selling right at the bottom (as pundits say). Either it is a forced sale or EPF thinks the market may drop further. This is a dangerous situation. Poor EPF contributors who has to suffer.

Rajaraam · 19 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 9:44 am

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6032
Reputation : 113
Join date : 2011-07-01

About a month ago(Feb.14 and 15 th) JKH shares were traded at 159 level.EPF sold at 194/-How can we say this is not a wise decision? Investing institution do not hold shares for ever. When they realise that they could gain a reasonable profit they sell and normaly they invest their proceeds in the next best option. EPF would find out a best way to invest their proceeds.

Problem here is When EPF buy shares these ppl say EPF management misuse poor worker's money and when EPF sell shares also they blaim saying EPF sell it's assets and bla bla.

If EPF listen to some advisers here who are talking about a blood bath all the time specialy in feb. this year they would have sold only at 160/-level.Luckily clever managnment didn't listen to those advicers and they were able to sell at 194/-Rs. 34/- higher than mid feb. price level thus incresing the sell value by around Rs.2.4 bn.

mark · 20 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 9:59 am

mark

Expert

Posts : 2677
Equity Stars : 9741
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

i think this deal was in the card before months..and EPF or someone may needed to push it to 194 levels for the succes of the deal..

remember how EPF bought LGL?

Btw gov media very very very well promote this deal,those buggers only tell the biased news,they are dumb whn mkt go down. Evil or Very Mad

manula · 21 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 11:39 am

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6016
Reputation : 55
Join date : 2011-04-18
Location : Qatar

Rajaraam wrote:

manula wrote:

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back on its owners' goodwill .. ! ( The era is changing hands from the West to the East as the Sleeping Dragon | CN and Gentle Giant | IN along with the Lankan Lion | LK are heading up for more brighter days .. )

Seems to be EPF brought JKH shares in 2010/2011 in the peak period..and now selling with the loss.. so to cover the debts sold the funds with loss...????

Who says that? According to EPF statement they have made a good capital gain from this transaction.

As of the market status on these days it is a good move .. JKH was 160 and move to 194 ..due to the rumor.. but mainly we have to see the price EPF brought on 2010/2011...This is not our money or your money the all working people money... not to waste when government want to cover their debit...

Rajaraam · 22 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 4:40 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6032
Reputation : 113
Join date : 2011-07-01

manula wrote:

Rajaraam wrote:

manula wrote:

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back on its owners' goodwill .. ! ( The era is changing hands from the West to the East as the Sleeping Dragon | CN and Gentle Giant | IN along with the Lankan Lion | LK are heading up for more brighter days .. )

Seems to be EPF brought JKH shares in 2010/2011 in the peak period..and now selling with the loss.. so to cover the debts sold the funds with loss...????

Who says that? According to EPF statement they have made a good capital gain from this transaction.

As of the market status on these days it is a good move .. JKH was 160 and move to 194 ..due to the rumor.. but mainly we have to see the price EPF brought on 2010/2011...This is not our money or your money the all working people money... not to waste when government want to cover their debit...

OK. your words indicate that you think they have sold at a loss. But how do you say so? They sold at 194/-and one month ago JKH shares were trading at 160/- level. What a good deal for EPF.

sriranga · 23 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 5:46 pm

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23023
Reputation : 2855
Join date : 2011-02-01
Location : London

Rajaraam wrote:

manula wrote:

Rajaraam wrote:

manula wrote:

Chanuque wrote:AJ .. Your version is politically biased my dear friend. The reason why CB has sold its reserve in USD purely to avoid unnecessary loss as INR | CNY and BRIC currencies are emerging much more solidly than USD | JPY and EUR. Then CB has chosen Gold as a good commodity to buy. The EPF has no reason or need to be emotional on JKH stake that they were holding. As a country, why do we have to borrow from elsewhere as we can use these funds to invest back on its owners' goodwill .. ! ( The era is changing hands from the West to the East as the Sleeping Dragon | CN and Gentle Giant | IN along with the Lankan Lion | LK are heading up for more brighter days .. )

Seems to be EPF brought JKH shares in 2010/2011 in the peak period..and now selling with the loss.. so to cover the debts sold the funds with loss...????

Who says that? According to EPF statement they have made a good capital gain from this transaction.

As of the market status on these days it is a good move .. JKH was 160 and move to 194 ..due to the rumor.. but mainly we have to see the price EPF brought on 2010/2011...This is not our money or your money the all working people money... not to waste when government want to cover their debit...

OK. your words indicate that you think they have sold at a loss. But how do you say so? They sold at 194/-and one month ago JKH shares were trading at 160/- level. What a good deal for EPF.

If you see the below table EPF gained minimum 1 billion on this transaction.

- Catalystic Factor Revealed .. ! - Epf12

manula · 24 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 6:40 pm

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6016
Reputation : 55
Join date : 2011-04-18
Location : Qatar

Thanks for the information.. Is this the real values... because in notes mention if EPF brought at maximum price..so on... Is this transaction completed on SLRs or on US$..

Raja@ i am not saying they sell with the loss.. i have mentioned that we have to find out weather they sell in loss or not.. because brought on 300Rs and sold on 194Rs..

soileconomy · 25 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 7:08 pm

soileconomy

Senior Vice President - Equity Analytics

Posts : 1504
Equity Stars : 7529
Reputation : 45
Join date : 2011-02-20
Age : 46
Location : Nebraska

Some are putting blame on EPF when they invest money in Equity market , the same people blame when they sell it.
Some people say Foreigners/Foreign funds are not investing CSE , the same people say it is bad ,when locals are selling to foreigners.

Puzzled......

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

- Catalystic Factor Revealed .. ! -

1 - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:39 am

Chanuque

2 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:43 am

aj

3 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:44 am

stumpy

4 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:51 am

aj

5 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 10:57 am

Chanuque

6 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:03 am

kam2011

7 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:11 am

aj

8 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:17 am

manula

9 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:30 am

sriranga

10 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:34 am

Chanuque

11 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 11:59 am

aj

12 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 12:26 pm

Chanuque

13 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 12:36 pm

manula

14 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 12:38 pm

Xmen

15 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 9:35 pm

wiki

16 Re: - Catalystic Factor Revealed .. ! - Fri Mar 16, 2012 9:39 pm

Rajaraam

17 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 5:53 am

illuminati

18 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 6:03 am

illuminati

19 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 9:44 am

Rajaraam

20 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 9:59 am

mark

21 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 11:39 am

manula

22 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 4:40 pm

Rajaraam

23 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 5:46 pm

sriranga

24 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 6:40 pm

manula

25 Re: - Catalystic Factor Revealed .. ! - Sat Mar 17, 2012 7:08 pm

soileconomy

26 Re: - Catalystic Factor Revealed .. ! -

Sponsored content

New topics