Most reliable, friendly broker

D.G.Dayaratne · 21 Re: Most reliable, friendly broker Wed May 29, 2013 9:08 pm

D.G.Dayaratne

Senior Vice President - Equity Analytics

Posts : 1716
Join date : 2011-12-13

Good example for brokers behavior is SDB shares

Although it pays dividend and NAV is very much higher than market price
Brokers do not promote it
Can any one explain why?

Most of Brokers are Jokers ?

Takecharge · 22 Re: Most reliable, friendly broker Wed May 29, 2013 10:33 pm

Takecharge

Manager - Equity Analytics

Posts : 221
Join date : 2012-11-06

my broker sz not enough trading done with SDB. this could be a problem if u plan to sell a Large quantity in a hurry.

freebird · 23 Re: Most reliable, friendly broker Wed May 29, 2013 11:10 pm

freebird

Manager - Equity Analytics

Posts : 104
Join date : 2012-09-17

aiiyo kiyala wadak neha. brokers are just collecting their brokerage. sometimes they ask from us " is that good if there is any news " past there were .. but now no need of a broker if you have the trading system.so no need of brokerage. it should be on electronic broker

malanp · 24 Re: Most reliable, friendly broker Thu May 30, 2013 8:25 am

malanp

Senior Manager - Equity Analytics

Posts : 382
Join date : 2012-03-02

Brokers are doing broker job, ie. buying and selling. As an investor you are not supposed to ask from brokers which shares to buy or which shares to sell. we are supposed to tell the broker which shares to buy/sell and at what price. if broker exceeds the price then only you can say broker is not good enough.

In sri lanka brokers go as investment advisors and pretend that they can advise people on their investment decisions. this is totally wrong since they dont have the required knowledge.

Market is a slaughter house and if someone rely on brokers too much, he becomes the chicken.

Slstock · 25 Re: Most reliable, friendly broker Thu May 30, 2013 9:21 am

Slstock

Director - Equity Analytics

Posts : 6610
Join date : 2011-01-22

Yes there is a conflict of interest when your broker is also your advisor. Are they geuine to help you , or make more profits for the company?

@malanp wrote:
Brokers are doing broker job, ie. buying and selling. As an investor you are not supposed to ask from brokers which shares to buy or which shares to sell. we are supposed to tell the broker which shares to buy/sell and at what price. if broker exceeds the price then only you can say broker is not good enough.

In sri lanka brokers go as investment advisors and pretend that they can advise people on their investment decisions. this is totally wrong since they dont have the required knowledge.

Market is a slaughter house and if someone rely on brokers too much, he becomes the chicken.

D.G.Dayaratne · 26 Re: Most reliable, friendly broker Thu May 30, 2013 3:36 pm

D.G.Dayaratne

Senior Vice President - Equity Analytics

Posts : 1716
Equity Stars : 7250
Reputation : 52
Join date : 2011-12-13
Location : Kotte

If Brokers do their Job as mentioned by' malanap' no problem

The problem is they mislead people

One of my friend ask from his broker about purchasing of SDB shares

Brokers advice was not to buy because it is slow moving

The Slow movement of SDB is also creation of Brokers

nimpere · 27 Re: Most reliable, friendly broker Fri May 31, 2013 3:13 pm

nimpere

Stock Trader

Posts : 2
Equity Stars : 2881
Reputation : 0
Join date : 2013-05-29

Those investment advisers are people who make money with our money.

rainmaker · 28 Re: Most reliable, friendly broker Fri Sep 06, 2013 4:57 pm

rainmaker

Assistant Vice President - Equity Analytics

Posts : 914
Equity Stars : 5120
Reputation : 45
Join date : 2013-02-06

Friendly broker no longer exists. Could make a grown man cry Sad

http://lk.linkedin.com/pub/liara-ibrahim/36/13b/ab8

freebird · 29 Re: Most reliable, friendly broker Fri Sep 06, 2013 9:09 pm

freebird

Manager - Equity Analytics

Posts : 104
Equity Stars : 3298
Reputation : 3
Join date : 2012-09-17
Location : ruwanwella

@salt wrote:Most reliable, friendly broker

there are two, one is dead, other is yet unborn

yeeeeeeeeeeeeeeeeeh.no brokers cant predict. they do not know how trades are done. even they cant remember the hand full of their advicers . they can remember only the accounts continuing in the name of their friends but their own accounts. sometimes they advice buy in high prices. in the past i also could earn well under the guidence of my advisor , but they are not they now..

freebird · 30 Re: Most reliable, friendly broker Fri Sep 06, 2013 9:46 pm

freebird

Manager - Equity Analytics

Posts : 104
Equity Stars : 3298
Reputation : 3
Join date : 2012-09-17
Location : ruwanwella

no brokers cant predict. they do not know how trades are done. even they cant remember the hand full of their advicers . they can remember only the accounts continuing in the name of their friends but their own accounts. sometimes they advice buy in high prices. in the past i also could earn well under the guidence of my advisor , but they are not they now..

ehemath kalayak thibuna. that time will come again if brokering firms are sweep out and let us to trade by ourselves and no brokerage be charged. at present brokers are waiting to hunt an innocent rather than protecting their customers..

dhanurrox · 31 Re: Most reliable, friendly broker Fri Sep 06, 2013 10:08 pm

dhanurrox

Vice President - Equity Analytics

Posts : 1158
Equity Stars : 5928
Reputation : 65
Join date : 2011-08-28

Youself

Thushara Ayya · 32 Re: Most reliable, friendly broker Fri Sep 06, 2013 10:22 pm

Thushara Ayya

Vice President - Equity Analytics

Posts : 1097
Equity Stars : 5976
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

My broker says "balamy Ayya...", "passe hari yawi...", "selling tikak yanawa..." etc.. always.... I dont know why?

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Most reliable, friendly broker

21 Re: Most reliable, friendly broker Wed May 29, 2013 9:08 pm

D.G.Dayaratne

22 Re: Most reliable, friendly broker Wed May 29, 2013 10:33 pm

Takecharge

23 Re: Most reliable, friendly broker Wed May 29, 2013 11:10 pm

freebird

24 Re: Most reliable, friendly broker Thu May 30, 2013 8:25 am

malanp

25 Re: Most reliable, friendly broker Thu May 30, 2013 9:21 am

Slstock

26 Re: Most reliable, friendly broker Thu May 30, 2013 3:36 pm

D.G.Dayaratne

27 Re: Most reliable, friendly broker Fri May 31, 2013 3:13 pm

nimpere

28 Re: Most reliable, friendly broker Fri Sep 06, 2013 4:57 pm

rainmaker

29 Re: Most reliable, friendly broker Fri Sep 06, 2013 9:09 pm

freebird

30 Re: Most reliable, friendly broker Fri Sep 06, 2013 9:46 pm

freebird

31 Re: Most reliable, friendly broker Fri Sep 06, 2013 10:08 pm

dhanurrox

32 Re: Most reliable, friendly broker Fri Sep 06, 2013 10:22 pm

Thushara Ayya

33 Re: Most reliable, friendly broker

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