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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Dhammika Perera and his mistakes

Dhammika Perera and his mistakes

+6
gamaya
Hawk Eye
dhanurrox
Harry82
SHARK aka TAH
Sstar
10 posters

Go down  Message [Page 1 of 1]

1Dhammika Perera and his mistakes Empty Dhammika Perera and his mistakes Wed Apr 16, 2014 8:52 am

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Nobody is Perfect.
Dhammika Perera is not a genius. He had made many mistakes and some selfish decisions. These decisions have affected many small time investors. I want to list few of those.

1. influencing and forcing Samptah Bank, LB Finance, Vallible Finance to make over exposures in Pawn Brokering which had made huge capital loses.
2. Selling Kolpetty Building to LB Finance at a huge profit and depriving company of shareholders funds for lending activities. This property was owned by Dammika Personally.
3.
4.

List goes on. I guess others could add few more.

2Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 8:55 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Sstar wrote:Nobody is Perfect.
Dhammika Perera is not a genius. He had made many mistakes and some selfish decisions. These decisions have affected many small time investors. I want to list few of those.

1. influencing and forcing Samptah Bank, LB Finance, Vallible Finance to make over exposures in Pawn Brokering which had made huge capital loses.
2. Selling Kolpetty Building to LB Finance at a huge profit and depriving company of shareholders funds for lending activities. This property was owned by Dammika Personally.
3.
4.

List goes on. I guess others could add few more.  
These things do happen and unavoidable know  rabbit 

3Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 9:02 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Sstar

Most of the banks and finance companies affected by gold loans. This is not Dhammika Perera's mistakes or some selfish decisions.

4Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 9:05 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Harry82 wrote:Sstar

Most of the banks and finance companies affected by gold loans. This is not Dhammika Perera's mistakes or some selfish decisions.
With GOLD price is set to to higher in coming years ... this is not a big issue for banks with high exposure to GOLD loans ...... Basketball cheers 

5Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 9:24 am

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

Harry82 wrote:Sstar

Most of the banks and finance companies affected by gold loans. This is not Dhammika Perera's mistakes or some selfish decisions.
Nothing can go up forever.forever. Everytime we make the mistake. Morgage crisis to stock markets and now to GOLD.

6Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 9:40 am

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Dhammika Perera did not buy Asian Alliance Insurance when it was offered to him at Rs 800mn. Subsequently Ashok Pathirage bought it for Rs4.5bn. Dhammika Perera yet to own a Insurance Company.

7Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 9:43 am

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Dhammika Perera had to close down Clickon (switch and bulb factory) because Orange was smarter in their marketing strategy. Another failure of Dhammika Perera.

8Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 10:00 am

Hawk Eye

Hawk Eye
Expert
Expert

Sstar wrote:Nobody is Perfect.
Dhammika Perera is not a genius. He had made many mistakes and some selfish decisions. These decisions have affected many small time investors. I want to list few of those.

1. influencing and forcing Samptah Bank, LB Finance, Vallible Finance to make over exposures in Pawn Brokering which had made huge capital loses.
2. Selling Kolpetty Building to LB Finance at a huge profit and depriving company of shareholders funds for lending activities. This property was owned by Dammika Personally.
3.
4.

List goes on. I guess others could add few more.  


I agree he is not a genius, he is just a good businessman. His only tool is power and influence to succeed.....Steve Jobs, Jack Welsh ,Lee Iacoca are called genius..They had a charismatic leadership style..We had some good people who could have made a change in this country like Dr.Ray Wijeywardene ...we cant compare even our now businessman to this great personality

9Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 10:16 am

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Recently, we could observe the difference in paying dividents in PABC after directors have sold a major block of shares. Directors milked it dry.

10Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 10:43 am

dougieboy


Moderator
Moderator

----edited.
Any businessman make soem mistake during his lifetime. How about Harry J.

But even if they make 10 mistakes they made 50 right.

11Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 3:41 pm

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

dougieboy wrote:I don't see how  mudsligning Dhammika Perara  is going to help anyone or the forum.
Any businessman make soem mistake during his lifetime. How about Harry J.

But even if they make 10 mistakes they made 50 right.

This is not mid slinging. This is analysis. You seems to have nothing else to discuss other than criticize this forum.
Please stop slinging mud at the forum or you can join the band wagon of the banned members. This is a warning.

12Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Wed Apr 16, 2014 4:20 pm

lux2014

lux2014
Manager - Equity Analytics
Manager - Equity Analytics

Hawk Eye wrote:
Sstar wrote:Nobody is Perfect.
Dhammika Perera is not a genius. He had made many mistakes and some selfish decisions. These decisions have affected many small time investors. I want to list few of those.

1. influencing and forcing Samptah Bank, LB Finance, Vallible Finance to make over exposures in Pawn Brokering which had made huge capital loses.
2. Selling Kolpetty Building to LB Finance at a huge profit and depriving company of shareholders funds for lending activities. This property was owned by Dammika Personally.
3.
4.

List goes on. I guess others could add few more.  


I agree he is not a genius, he is just a good businessman. His only tool is power and influence to succeed.....Steve Jobs, Jack Welsh ,Lee Iacoca are called genius..They had a charismatic leadership style..We had some good people who could have made a change in this country like Dr.Ray Wijeywardene ...we cant compare even our now businessman to this great personality

I sincerely feel this country needs businessmen like late Mr Gnanam. What do you think?

13Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Thu Apr 17, 2014 1:44 am

dougieboy


Moderator
Moderator

Deleted because it is not relevant to the Topic.
Please keep to the Topic.

14Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Thu Apr 17, 2014 6:03 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Members.... every life, every relationship, every business have UPS and DOWNS..... See both side of it.

show me some one has only ups??????
WHY our president....???? Laughing 

15Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Thu Apr 17, 2014 9:26 am

dougieboy


Moderator
Moderator

It was relevant to the topic and health of the forum.

You did not like critisim and other to see. Without backbone yoi delete without providing counter response.


dougieboy wrote:Deleted because it is not relevant to the Topic.
Please keep to the Topic.

16Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Thu Apr 17, 2014 11:14 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

He may not be a Steve Jobs but he has done enough to prove himself as a really talented person. Its a shame some people are trying to build a negative image of the most sucessful businessman sri lanka ever produced.
No body is 100% perfect.

17Dhammika Perera and his mistakes Empty Re: Dhammika Perera and his mistakes Thu Apr 17, 2014 11:18 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Lux2014. Yes late Gnanam is undoubtedly a kind of person Sri lanka is really missing.

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