Diminishing Billionaires of Sri Lanka Stock Market

sriranga

sriranga

Co-Admin

Posts : 6822
Join date : 2011-02-01

@dindon1 wrote:

@ccsentha wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

his stock are gona be there for 10 or more years. He invests on very very long term. so i don't think he'll be worried.

warrent buffet used to invest planning to hold for decade......

how old is he anyway?

Please find below.
Diminishing Billionaires of Sri Lanka Stock Market - Page 2 Drts10

More info
http://investing.businessweek.com/research/stocks/people/person.asp?personId=53965763&ticker=TFC:SL&previousCapId=22515007&previousTitle=VIDULLANKA%20PLC

dindon1

dindon1

Senior Manager - Equity Analytics

Posts : 325
Join date : 2011-03-28

@sriranga wrote:

@dindon1 wrote:

@ccsentha wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

his stock are gona be there for 10 or more years. He invests on very very long term. so i don't think he'll be worried.

warrent buffet used to invest planning to hold for decade......

how old is he anyway?

Please find below.

More info
http://investing.businessweek.com/research/stocks/people/person.asp?personId=53965763&ticker=TFC:SL&previousCapId=22515007&previousTitle=VIDULLANKA%20PLC

65?? OMG! Is he here to live for ever?

gamaya

gamaya

Assistant Vice President - Equity Analytics

Posts : 824
Join date : 2011-01-22

Yeah, NO. 1 LOSER AMOUNT WISE AND PERCENTAGEWISE should be EPF.

So who is EPF: thats us neda?

bullrun

bullrun

Assistant Vice President - Equity Analytics

Posts : 780
Join date : 2011-01-31

Portfolio losses cannot be treated as losses especially for big fish. What they do is average their cost with the best counters at the right time. As soon as market started to move they get big profit while collecting dividend annually.
This situation is a problem only to small fellows who have invested all their belonging. When they need money they tend to sell since they do not have other savings for consume. That is why Lord Buddha wanted to invest only 1/4 of the income.

manula

manula

Vice President - Equity Analytics

Posts : 1171
Join date : 2011-04-18

@bullrun wrote:Portfolio losses cannot be treated as losses especially for big fish. What they do is average their cost with the best counters at the right time. As soon as market started to move they get big profit while collecting dividend annually.
This situation is a problem only to small fellows who have invested all their belonging. When they need money they tend to sell since they do not have other savings for consume. That is why Lord Buddha wanted to invest only 1/4 of the income.

Yes..Lord Buddha said invest only 1/4 of the income... That also better invest in differnt ways ..not only in one place..some in FD,some in CSE, gold market like etc...so if some fell you have some back up Very Happy

Nuwan05

Nuwan05

Senior Equity Analytic

Posts : 87
Equity Stars : 3562
Reputation : 0
Join date : 2011-11-05

@Redbulls wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

May be if we calculate 2009 PF and present PF, unrealized loss could be.
If we calculate his investment time span 30+ years, IMHO he gained billion worth of assets.
He came from a business family, his father was a clerical staff and started a profitable venture in aluminium industry in North part of the country and minted about 45 years back.
His dad invested and established in Dam Street a profitable business at that time.
They invested so much in farming near to Vavuniya. Due to war they moved or lost major part of their assets in North.

Like to know more details about Dr Senthiveil career. Do you have any link? or can u share more details please?

econ

econ

Global Moderator

Posts : 1474
Equity Stars : 7299
Reputation : 94
Join date : 2011-01-27

@Nuwan05 wrote:

@Redbulls wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

May be if we calculate 2009 PF and present PF, unrealized loss could be.
If we calculate his investment time span 30+ years, IMHO he gained billion worth of assets.
He came from a business family, his father was a clerical staff and started a profitable venture in aluminium industry in North part of the country and minted about 45 years back.
His dad invested and established in Dam Street a profitable business at that time.
They invested so much in farming near to Vavuniya. Due to war they moved or lost major part of their assets in North.

Like to know more details about Dr Senthiveil career. Do you have any link? or can u share more details please?

is he a medical doctor or PHD holder..?

RIO

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 4247
Reputation : 84
Join date : 2011-06-01

@econ wrote:
is he a medical doctor or PHD holder..?

For sure he is not a Dr. from Kelaniya Karate Academy... Very Happy

Sstar

Sstar

Vice President - Equity Analytics

Posts : 1416
Equity Stars : 8024
Reputation : 51
Join date : 2011-11-01

Billionaires are in the making!

besthope

besthope

Manager - Equity Analytics

Posts : 100
Equity Stars : 4462
Reputation : 0
Join date : 2012-02-20

@Sstar wrote:Billionaires are in the making!

adey this reminding me of a pukkah joke i am hearing last nite at my club.
somebody asking how to become a millionaire ?
somebody else saying start with a Billion and then join SLEF lol!

manolanka

manolanka

Equity Analytic

Posts : 28
Equity Stars : 2579
Reputation : 2
Join date : 2014-05-05

90% credits players are the biggest losers in this market.

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Diminishing Billionaires of Sri Lanka Stock Market

21 Re: Diminishing Billionaires of Sri Lanka Stock Market Sat May 12, 2012 4:49 pm

sriranga

22 Re: Diminishing Billionaires of Sri Lanka Stock Market Sat May 12, 2012 4:59 pm

dindon1

23 Re: Diminishing Billionaires of Sri Lanka Stock Market Sat May 12, 2012 5:22 pm

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24 Re: Diminishing Billionaires of Sri Lanka Stock Market Sat May 12, 2012 7:42 pm

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26 Re: Diminishing Billionaires of Sri Lanka Stock Market Sun May 13, 2012 8:56 pm

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27 Re: Diminishing Billionaires of Sri Lanka Stock Market Mon May 14, 2012 12:45 pm

econ

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29 Re: Diminishing Billionaires of Sri Lanka Stock Market Mon Jul 21, 2014 6:51 pm

Sstar

30 Re: Diminishing Billionaires of Sri Lanka Stock Market Mon Jul 21, 2014 7:20 pm

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