Cheers everyone!

Gintonic · 21 Re: Cheers everyone! Wed Jul 30, 2014 5:38 am

Gintonic

Manager - Equity Analytics

Posts : 145
Join date : 2014-07-25

Thanks Sstar.Mkt goes up.This will too. Have patience.

Sstar · 22 Re: Cheers everyone! Wed Jul 30, 2014 10:51 pm

Sstar

Vice President - Equity Analytics

Posts : 1426
Join date : 2011-11-01

I purchased 10,000 shares of Pan Asia Bank PABC today.

Gintonic · 23 Re: Cheers everyone! Thu Jul 31, 2014 3:46 am

Gintonic

Manager - Equity Analytics

Posts : 145
Join date : 2014-07-25

Encouraging news.Thanks!

Pethi · 24 Re: Cheers everyone! Thu Jul 31, 2014 5:45 am

Pethi

Senior Manager - Equity Analytics

Posts : 450
Join date : 2013-07-26

stevenapple wrote:Any experience on correlation of share price and this persons' Dealings

this guy pump then all of a sudden dump.
pumping and dumping king ping...!

if you ask him, what is investing he would say.. "its all about get together and pump and dump man...!"

Recently bought VONE and then dumped. now buy PABC and after couple of months will again dump.
then they will buy VPEL because it is hovering around 5.80-06.00 for long time now. not moving.

Analyzing his share purchase pattern and selling will make us rich.....! most of the people follow them. but some fall in to traps and stuck in high prices for long time.

This is their management style.

Sstar · 25 Re: Cheers everyone! Thu Jul 31, 2014 8:29 am

Sstar

Vice President - Equity Analytics

Posts : 1426
Join date : 2011-11-01

worthiness wrote:I do not see a valid & strong point on above said correlation though this is a typical style of our nature. Nevertheless, well established banks in the country keep on moving in the capital market facing usual dips inherent to market environment. What is neglected by sector is the returns to shareholders in form of dividends. Many banks are capable of distributing more dividends to shareholders but not doing so by reserving extra funds for competitive changes & expansions planned. Additional premium added to this dividend declaration, what had been ignored in the past, would cause to build more confidence of investors towards banking sector while increasing shareholders wealth.

I fully agree with worthiness. With the expected increase in the capital base banks are reluctant to pay dividend that is proportionate to their earnings. I have looked at PABC, and they too need some capital infusion or a merger. I guess Dhammika and Nimal may have a master strategy for this that will eventually make money for themselves from such consolidation. You only got to be owning right share at the right time. So I am just investor who is renting their stock, may be for a maximum of 3 months.

stevenapple · 26 Re: Cheers everyone! Thu Jul 31, 2014 11:43 am

stevenapple

Assistant Vice President - Equity Analytics

Posts : 632
Equity Stars : 5313
Reputation : 15
Join date : 2014-04-10

Pethi wrote:

stevenapple wrote:Any experience on correlation of share price and this persons' Dealings

this guy pump then all of a sudden dump.
pumping and dumping king ping...!

if you ask him, what is investing he would say.. "its all about get together and pump and dump man...!"

Recently bought VONE and then dumped. now buy PABC and after couple of months will again dump.
then they will buy VPEL because it is hovering around 5.80-06.00 for long time now. not moving.

Analyzing his share purchase pattern and selling will make us rich.....! most of the people follow them. but some fall in to traps and stuck in high prices for long time.

This is their management style.

Thanks.