What's going on with Sampath & Commercial Banks?

sriranga · 21 Re: What's going on with Sampath & Commercial Banks? Thu Dec 20, 2012 2:54 pm

sriranga

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Captain family already in top 20 list.

What's going on with Sampath & Commercial Banks? - Page 2 Samp10

UKboy · 22 SLIC sheds Sampath Bank stake Thu Dec 20, 2012 3:01 pm

UKboy

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slstock wrote:

anjelo wrote:i heard that captain is buying sampath shares....

Also saw a newspapersaying Captains are on the buying side of SAMP. Someon recall can post it.

As per ft.lk site...

Sri Lanka Insurance – Life Fund was on the selling side of Sampath Bank, with bulk of the buying coming from Captains.
Around 327,184 shares of Sampath Bank traded last week for Rs. 65 million and SLIC Life Fund sold Rs. 40 million worth of shares. Senior business leader Sohli Captain’s family, whose stake is over 5%, was on the buying side.

Sampath Bank also completed its second consecutive week of gain, having risen by Rs. 5.40 in the previous week. As of September 2012, SLIC Life Fund held around 2.6 million shares or a 1.6% stake in Sampath Bank

http://www.ft.lk/2012/12/17/slic-sheds-sampath-bank-stake/#more-125765

UKboy · 23 Re: What's going on with Sampath & Commercial Banks? Thu Dec 20, 2012 3:04 pm

UKboy

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Note:
Even though it's considerably a small stake, try to monitor what Captains are selling.
It tells another story.

salt

salt

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UKboy,

You indicate JKH? U go to be kidding

UKboy · 25 Re: What's going on with Sampath & Commercial Banks? Sun Feb 03, 2013 6:23 pm

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salt wrote:UKboy,

You indicate JKH? U go to be kidding

nimantha80 · 26 Re: What's going on with Sampath & Commercial Banks? Sun Feb 03, 2013 8:14 pm

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We usually call in one man show.When the three man show of SAMP,JKH & COMB finish soon the real red will appear.Bloody March on the cards with negative news from every corner. cherry

mark · 27 Re: What's going on with Sampath & Commercial Banks? Sun Feb 03, 2013 8:27 pm

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nimantha80 wrote:We usually call in one man show.When the three man show of SAMP,JKH & COMB finish soon the real red will appear.Bloody March on the cards with negative news from every corner.

haha,thats well said,market went up due to CTC,LION,NEST,DFCC,SAMP,JKH and other big shot holdings, CTC already started to cool down,cant imagine how much go down when others start to come down.

as i know CTC reduced ASI by around 60 points or more after hitting unrealistic 950r level,but im hoping for quick bounce back to 870 level and stagnant around 800 or below afterwards,hm

Sell at whatever profit and sell if your loss points reached and dont rush to buy.

Slstock · 28 Re: What's going on with Sampath & Commercial Banks? Mon Feb 04, 2013 6:13 am

Slstock

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Mark,

Your comments sound different from what I remember you for in 2011. Seems this 2 year bear had made you into a total trader? Anyway it is all right as one needs to adopt a strategy that suits ones mind set and to survive during bear times. Btw, I agree some high caps are running the ASI game so far. No real retailer interest with many other neglected shares so far.

Though there are factors which are slowly getting positive for CSE , in the short term negative actions by politicos ( no thanks to them) and confidence worries by retailers ( who push prices up) are making CSE still boring.

At one time retailers ran the show. Now it seems big shots and institutions.

So trading seem to be name of the game for 95% of people at the forum to protect their capital.

However, certain stock seems to have formed or forming bottoms. At any given point these can explode. The danger is CSE is very unpredictable. If I was very rich I could have told you when a certain neglected stock can explode ;-) ( or maybe I shouldn't even if I was rich haha)

mark wrote:

Sell at whatever profit and sell if your loss points reached and dont rush to buy.

mark · 29 Re: What's going on with Sampath & Commercial Banks? Sun Feb 10, 2013 9:19 pm

mark

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thnx for comment sir,

ya mkt changed me so much.,so i prefer to protect capital,bcz im trading vry risky warrants nd equities..

But it seems mkt going up by fundas,so downturn will not affect so much on those fundas,but people may sell junks and shift to moving fundas,so mkt may not show good returns to speculations,also there may be no huge volatiles(Downs) in ASI coming days if no extrna stuff,hm

but still things are risky to me,so il be aware in fundas even,hm

mission

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hey mark...

"I was a bear and a winner,but started to fail when trusted the bull Embarassed

Lol.. good signature...

Anyways had a trade with Sampath Bank 210(avg) and sold at 235...

Looking at how things will go in the coming weeks.. still window shopping.. same old me...

Slstock · 31 Re: What's going on with Sampath & Commercial Banks? Mon Feb 11, 2013 5:04 am

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I understand Mark. And most of your comments I agree.

What happened within the last few years is very sad. Hard to believe Rs 200+ shares are now below Rs 20 without much interest. The post war bull run made many people greedy to chase speculators to unrealistic levels ( also blue chips but not as bad) . Manipulators found new comer with no knowledge ( who just wanted to make quick money) easy targets to pass on the "news" and to take shares up and up.

There might be still many who are stuck with 50-70% losses and unable to do anything ( participate in CSE) until they get most of their money back. But sad fact it they might not for decades unless they rotate their stocks wisely.

Many people have learnt a lesson now and it will be very hard to repeat the last bull run. Also there are new regulations. New "suckers" will be born but it won;t be like before.

We need to think smarter and act smarter on CSE.

mark wrote:thnx for comment sir,

ya mkt changed me so much.,so i prefer to protect capital,bcz im trading vry risky warrants nd equities..

But it seems mkt going up by fundas,so downturn will not affect so much on those fundas,but people may sell junks and shift to moving fundas,so mkt may not show good returns to speculations,also there may be no huge volatiles(Downs) in ASI coming days if no extrna stuff,hm

but still things are risky to me,so il be aware in fundas even,hm

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What's going on with Sampath & Commercial Banks?

21 Re: What's going on with Sampath & Commercial Banks? Thu Dec 20, 2012 2:54 pm

sriranga

22 SLIC sheds Sampath Bank stake Thu Dec 20, 2012 3:01 pm

UKboy

23 Re: What's going on with Sampath & Commercial Banks? Thu Dec 20, 2012 3:04 pm

UKboy

24 Re: What's going on with Sampath & Commercial Banks? Sun Dec 23, 2012 11:22 pm

salt

25 Re: What's going on with Sampath & Commercial Banks? Sun Feb 03, 2013 6:23 pm

UKboy

26 Re: What's going on with Sampath & Commercial Banks? Sun Feb 03, 2013 8:14 pm

nimantha80

27 Re: What's going on with Sampath & Commercial Banks? Sun Feb 03, 2013 8:27 pm

mark

28 Re: What's going on with Sampath & Commercial Banks? Mon Feb 04, 2013 6:13 am

Slstock

29 Re: What's going on with Sampath & Commercial Banks? Sun Feb 10, 2013 9:19 pm

mark

30 Re: What's going on with Sampath & Commercial Banks? Sun Feb 10, 2013 10:52 pm

mission

31 Re: What's going on with Sampath & Commercial Banks? Mon Feb 11, 2013 5:04 am

Slstock

32 Re: What's going on with Sampath & Commercial Banks?

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