FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» TIME TO CALL SLT ?
by sureshot Today at 7:42 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Yesterday at 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by blindhog Thu Apr 11, 2024 10:44 am

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

» KEGALLE PLANTATIONS PLC (KGAL.N0000)
by DeepFreakingValue Fri Apr 05, 2024 2:04 pm

» ARPICO INSURANCE PLC - Reports LKR 625mn loss for the FY2023
by DeepFreakingValue Fri Apr 05, 2024 12:58 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Fri Apr 05, 2024 10:59 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by SL-INVESTOR Fri Apr 05, 2024 8:29 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Anushka Perz Thu Apr 04, 2024 9:50 pm

» PINS (People's Insurance) will be another UAL
by sakuni Thu Apr 04, 2024 8:22 pm

» A New Record Price for One Tonne of Cocoa on the International Market
by ResearchMan Thu Apr 04, 2024 2:03 pm

» Access Engineering awarded two more contract packages at Colombo Port
by samansilva Thu Apr 04, 2024 12:05 pm

» FMCG Sector LMF, MEL and DIST
by buwr Thu Apr 04, 2024 9:35 am

» CEYLON GUARDIAN INVESTMENT TRUST PLC (GUAR)
by soileconomy Thu Apr 04, 2024 3:00 am

» RWSL - WATCH
by sureshot Wed Apr 03, 2024 8:39 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Google or John Keells? Why Warren Buffet, George Soros, Mark Mobius should have invested in Sri Lanka's John Keells since 1980's or 1990's

+5
SHARK aka TAH
Jiggysaurus
DealKing
Pethi
StockGuru
9 posters

Go down  Message [Page 1 of 1]

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Google or John Keells?

Financial Insights: in 1986 Sri Lanka's John Keells raised Rs. 100 million with Rs. 10 a share issuing 10 million shares so if somebody bought 100 shares of JKH in 1986 for Rs. 1000/- they have 1965 of JKH shares as of to date (except for Rights issues and Private Placements) that means value will be Rs. 480,246/= at Rs. 244.40 per share now which is a LK Rupee wise 47,924.6% value gain after 28 years.

In 1986 1 US $ = Rs.16.69 average so it means Rs. 1000/- = US $ 59 in 1986
and today Rs. 480,246/- = US $ 3694.20 (at 1 US $ = Rs. 130) which is a 6161.35% capital gain as of August 2014.

But US $ 10,000 investment in August 19, 2004 in Google is only worth US $ 139,458.82 as of 19th August 2014 which is only a 1294.58% capital gain in 10 years.

So in a Frontier Market wise If Warren Buffet or George Soros or Mark Mobius bought Sri Lanka's John Keells in 1986 it is still a Good Deal!

Because US $ 10,000 investment in John Keells Holdings (JKH.N) in 1986 is now will be US $ 2,877,443.40 as at August 19, 2014 within just 28 years.

#goog #google #warrenbuffet #JOHNKEELLS #janusoverseas #google #larrypage #usa #stocks #bloomberg #economictimes #reuters #deal #economy #searchengine #equity #bonds

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

StockGuru wrote:Google or John Keells?

Financial Insights: in 1986 Sri Lanka's John Keells raised Rs. 100 million with Rs. 10 a share issuing 10 million shares so if somebody bought 100 shares of JKH in 1986 for Rs. 1000/- they have 1965 of JKH shares as of to date (except for Rights issues and Private Placements) that means value will be Rs. 480,246/= at Rs. 244.40 per share now which is a LK Rupee wise 47,924.6% value gain after 28 years.

In 1986 1 US $ = Rs.16.69 average so it means Rs. 1000/- = US $ 59 in 1986
and today Rs. 480,246/- = US $ 3694.20 (at 1 US $ = Rs. 130) which is a 6161.35% capital gain as of August 2014.

But US $ 10,000 investment in August 19, 2004 in Google is only worth US $ 139,458.82 as of 19th August 2014 which is only a 1294.58% capital gain in 10 years.

So in a Frontier Market wise If Warren Buffet or George Soros or Mark Mobius bought Sri Lanka's John Keells in 1986 it is still a Good Deal!

Because US $ 10,000 investment in John Keells Holdings (JKH.N) in 1986 is now will be US $ 2,877,443.40 as at August 19, 2014 within just 28 years.

#goog #google #warrenbuffet #JOHNKEELLS #janusoverseas #google #larrypage #usa #stocks #bloomberg #economictimes #reuters #deal #economy #searchengine #equity #bonds


Thank you and appreciate your conspiracy theory.
Warren buffet  never invest things he never understand. Read his biography....!

Sri Lanka is a market whose policies could be changed overnight.
E.G. Recent legislation that prevent foreigners to buy land and houses
      Take over BOI companies etc
      Subject to political interference
      civil wars, Religious disharmony, Human rights violations, corruption.....!
      Bombs..., roses and carrots....!

If Warren Buffet had invested in Sri Lanka. we would not have been called him warren Buffet today. these all are conspiracy theorists.

Come on.... Come on... Step out of the glass houses and see the real world............!
we should not compare apples to banana

would you go and invest in Ethiopia today? good investors never gamble.
they need political and social stability.

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Pethi wrote:
StockGuru wrote:Google or John Keells?

Financial Insights: in 1986 Sri Lanka's John Keells raised Rs. 100 million with Rs. 10 a share issuing 10 million shares so if somebody bought 100 shares of JKH in 1986 for Rs. 1000/- they have 1965 of JKH shares as of to date (except for Rights issues and Private Placements) that means value will be Rs. 480,246/= at Rs. 244.40 per share now which is a LK Rupee wise 47,924.6% value gain after 28 years.

In 1986 1 US $ = Rs.16.69 average so it means Rs. 1000/- = US $ 59 in 1986
and today Rs. 480,246/- = US $ 3694.20 (at 1 US $ = Rs. 130) which is a 6161.35% capital gain as of August 2014.

But US $ 10,000 investment in August 19, 2004 in Google is only worth US $ 139,458.82 as of 19th August 2014 which is only a 1294.58% capital gain in 10 years.

So in a Frontier Market wise If Warren Buffet or George Soros or Mark Mobius bought Sri Lanka's John Keells in 1986 it is still a Good Deal!

Because US $ 10,000 investment in John Keells Holdings (JKH.N) in 1986 is now will be US $ 2,877,443.40 as at August 19, 2014 within just 28 years.

#goog #google #warrenbuffet #JOHNKEELLS #janusoverseas #google #larrypage #usa #stocks #bloomberg #economictimes #reuters #deal #economy #searchengine #equity #bonds


Thank you and appreciate your conspiracy theory.
Warren buffet  never invest things he never understand. Read his biography....!

Sri Lanka is a market whose policies could be changed overnight.
E.G. Recent legislation that prevent foreigners to buy land and houses
      Take over BOI companies etc
      Subject to political interference
      civil wars, Religious disharmony, Human rights violations, corruption.....!
      Bombs..., roses and carrots....!

If Warren Buffet had invested in Sri Lanka. we would not have been called him warren Buffet today. these all are conspiracy theorists.

Come on.... Come on... Step out of the glass houses and see the real world............!
we should not compare apples to banana

would you go and invest in Ethiopia today? good investors never gamble.
they need political and social stability.

Pethi that is why Sri Lanka is called a Frontier Market.Frontier Markets return better than Emerging Markets and Matured Markets.Ask from Rockefeller founded LR Global Chairman in USA for reference.

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

StockGuru wrote:
Pethi wrote:
StockGuru wrote:Google or John Keells?

Financial Insights: in 1986 Sri Lanka's John Keells raised Rs. 100 million with Rs. 10 a share issuing 10 million shares so if somebody bought 100 shares of JKH in 1986 for Rs. 1000/- they have 1965 of JKH shares as of to date (except for Rights issues and Private Placements) that means value will be Rs. 480,246/= at Rs. 244.40 per share now which is a LK Rupee wise 47,924.6% value gain after 28 years.

In 1986 1 US $ = Rs.16.69 average so it means Rs. 1000/- = US $ 59 in 1986
and today Rs. 480,246/- = US $ 3694.20 (at 1 US $ = Rs. 130) which is a 6161.35% capital gain as of August 2014.

But US $ 10,000 investment in August 19, 2004 in Google is only worth US $ 139,458.82 as of 19th August 2014 which is only a 1294.58% capital gain in 10 years.

So in a Frontier Market wise If Warren Buffet or George Soros or Mark Mobius bought Sri Lanka's John Keells in 1986 it is still a Good Deal!

Because US $ 10,000 investment in John Keells Holdings (JKH.N) in 1986 is now will be US $ 2,877,443.40 as at August 19, 2014 within just 28 years.

#goog #google #warrenbuffet #JOHNKEELLS #janusoverseas #google #larrypage #usa #stocks #bloomberg #economictimes #reuters #deal #economy #searchengine #equity #bonds


Thank you and appreciate your conspiracy theory.
Warren buffet  never invest things he never understand. Read his biography....!

Sri Lanka is a market whose policies could be changed overnight.
E.G. Recent legislation that prevent foreigners to buy land and houses
      Take over BOI companies etc
      Subject to political interference
      civil wars, Religious disharmony, Human rights violations, corruption.....!
      Bombs..., roses and carrots....!

If Warren Buffet had invested in Sri Lanka. we would not have been called him warren Buffet today. these all are conspiracy theorists.

Come on.... Come on... Step out of the glass houses and see the real world............!
we should not compare apples to banana

would you go and invest in Ethiopia today? good investors never gamble.
they need political and social stability.

Pethi that is why Sri Lanka is called a Frontier Market.Frontier Markets return better than Emerging Markets and Matured Markets.Ask from Rockefeller founded LR Global Chairman in USA for reference.

your statement is true.

High risk.. High return. but it is gambling though....!
good investors never gamble.

you may be some one born in computer era.
You are trying to compare, 70ties- 80ties Sri Lanka to 2014.
if you had born in post industrial era, you may understand why warren Buffet did not come to Sri Lanka to invest.

OK, we wish warren buffet to come invest in Sri Lanka now and analyse his returns after 10 years.

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I too ike to share my opinion on this.

As far as I heard from my grandfather who worked for US Airforce,

Warren Buffet lost his creativity a lot because from 16 years he was Drinking Cocoa Cola and eating McDonalds leading for obesity.

And he opened a Twitter account after a Fake Tweet was able to drop Wall Street Index Turnovers by 1% on a particular day.This clearly denotes that Warren Buffet opened the Twitter account to manipulate the NASDAQ, NYSE and other markets.

My Grandfather is now buying Vietnamese Dong with a hope of becoming George Soros in 21st Century.

I recently heard George Soros is going to come to Sri Lanka to have a Harley Davidson ride around the country and he is supposed to invest US $ 3 million in 10 Sri Lankan apartments soon.

I am not sure whether he is buying Sri Lankan Bonds or buying Sri Lankan Rupees like Mark Mobius who is managing Templeton Emerging Markets group investment funds that have invested billions of dollars in Sri Lankan Development Bonds and Government Bonds though Mobius has ony invested in a few listed companies including Hemas Holdings.Templeton Emerging Funds have largely invested in Sri Lankan Bonds go see the financials.

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Even though I don't agree with Stockguru, I really like & appreciate his post a lot. because,

his post shows that he is a very good analytic  and intelligent. His decisions are objective but not subjective.

My argument is you can not do calculations for how people make sense of their own world in the terms of their mind.

you can say A=B, B=C therefore A=C if it is a object.
but when comes to people, people take decisions based on many factors. thats why I call it as conspiracy theory.

Sri Lanka in 80ties are totally different from now. I would never go invest in a country which is in similar condition in 80ties. I am sure neither warren buffet does.
so I think, Stock guru's argument is wrong.

But it is an excellent post....! Stockguru...!

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Pethi wrote:Even though I don't agree with Stockguru, I really like & appreciate his post a lot. because,

his post shows that he is a very good analytic  and intelligent. His decisions are objective but not subjective.

My argument is you can not do calculations for how people make sense of their own world in the terms of their mind.

you can say A=B, B=C therefore A=C if it is a object.
but when comes to people, people take decisions based on many factors. thats why I call it as conspiracy theory.

Sri Lanka in 80ties are totally different from now. I would never go invest in a country which is in similar condition in 80ties. I am sure neither warren buffet does.
so I think, Stock guru's argument is wrong.

But it is an excellent post....! Stockguru...!

Actually speaking in 80's only international investors started looking at Sri Lanka  because Sri Lanka opened up its economy in 1977.So in 1970's -to 1977 Sri Lanka was bad because country was importing low quality Indian Sarees and people were in Cue to buy Bread, Vegetables...etc and Children got Kerosene smelling Chinese Uniform Materials under Sirimavo Bandaranaike Government whilst Nationalism of Banks, Insurance Companies and Private Companies were happening under Author T.B. Ilangarathna who was looking after finance.Private sector was killed under 1970-1977 period.

Jiggysaurus

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

DealKing wrote:So in 1970's -to 1977 Sri Lanka was bad because country was importing low quality Indian Sarees and people were in Cue to buy Bread, Vegetables...etc and Children got Kerosene smelling Chinese Uniform Materials under Sirimavo Bandaranaike Government whilst Nationalism of Banks, Insurance Companies and Private Companies were happening under Author T.B. Ilangarathna who was looking after finance.Private sector was killed under 1970-1977 period.

Thanks to the SWORD Banda family the country lost 3 decades (The 60s, the 70s, and the 90s). Shoeshine boys should learn not to vote widows and daughters of South Asian leaders. Especially widows and daughters who's only qualification was to be housewives and housemaids.
Shoeshine boys should not buy crap and should not vote crap.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

StockGuru wrote:Google or John Keells?

Financial Insights: in 1986 Sri Lanka's John Keells raised Rs. 100 million with Rs. 10 a share issuing 10 million shares so if somebody bought 100 shares of JKH in 1986 for Rs. 1000/- they have 1965 of JKH shares as of to date (except for Rights issues and Private Placements) that means value will be Rs. 480,246/= at Rs. 244.40 per share now which is a LK Rupee wise 47,924.6% value gain after 28 years.

In 1986 1 US $ = Rs.16.69 average so it means Rs. 1000/- = US $ 59 in 1986
and today Rs. 480,246/- = US $ 3694.20 (at 1 US $ = Rs. 130) which is a 6161.35% capital gain as of August 2014.

But US $ 10,000 investment in August 19, 2004 in Google is only worth US $ 139,458.82 as of 19th August 2014 which is only a 1294.58% capital gain in 10 years.

So in a Frontier Market wise If Warren Buffet or George Soros or Mark Mobius bought Sri Lanka's John Keells in 1986 it is still a Good Deal!

Because US $ 10,000 investment in John Keells Holdings (JKH.N) in 1986 is now will be US $ 2,877,443.40 as at August 19, 2014 within just 28 years.

#goog #google #warrenbuffet #JOHNKEELLS #janusoverseas #google #larrypage #usa #stocks #bloomberg #economictimes #reuters #deal #economy #searchengine #equity #bonds
How to invest men, may those fellas dont know where is Srilanka in the world map Very Happy so how to invest in a country which does not exist  tongue 

SHARK aka TAH

SHARK aka TAH
Expert
Expert

If SG was an advisor to WB you could have told him Sir, give 10Grand i will show how to make money and outsmart you Very Happy
And show the power of StockGuru to do Jiggy Dance Very Happy

Jiggysaurus

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

SHARK wrote:If SG was an advisor to WB you could have told him Sir, give 10Grand i will show how to make money and outsmart you Very Happy
And show the power of StockGuru to do Jiggy Dance Very Happy

Defa stockguru is more powerful than Warren Buffet. Stockguru must be a billionaire by now since he invested in JKH in the 1980s.
Very powerful.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Its time to do the ritual dance ......

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Back to the Topic, I think SG and all there is a lesson we can learn from his 1st post.

That we are all human first off.
Most importantly we should invest in companies we know very well as WB said.
You can not make money in all shares, i mean we should stick to few and be content with it.

anyone else can add few more lines Very Happy

Regards
SHARK

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Now I heard Mark Mobius is buying John Keells from another member at Sri Lanka Equity Forum

EquityChamp

EquityChamp
Moderator
Moderator

Yes then by 2040 they can sell JKH @ 10,810 Cool

Nitro 7


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Well said Kumar !

Varshaa Selvanathan


Equity Analytic
Equity Analytic

George Soros came to Sri Lanka finally sad thing though he came and predicted about the next 'Financial Crisis' in the world yesterday in Colombo.

Doubt whether he will actually invest in Stocks but some say he will manipulate Sri Lankan Currency to the Maximum and will slowly bring SL Economy further down. Bet by some top international fund managers is that George Soros and his so called 'Open Society for Democracy' that create internal tensions among nations will work in a way that Sri Lankan Rupee to be downgraded against US $ at Rs.320 per US $ 1 by 2020 (within 4 years) and subsequently he will make an investment of US $ 1 billion in Sri Lankan Currency position and then he will support the whoever the next government appointed after 2020 to raise Sri Lankan Rupee from Rs.320 levels per Dollar to Rs.50 per Dollar by 2025 When he is 97 years he will make his biggest bet with Sri Lankan Rupee positions just like how he became a Billionaire excelled through holding in to British Pounds.

Developing nations will have to take harsh measures: George Soros
COLOMBO: Amidst the economic crisis in China, billionaire investor George Soros today warned developing countries that they will have to make "harsh" choices as funds are no longer pouring into those nations. 

"Money is no longer coming to developing countries and harsh choices will have to be made instead of waiting for things to get better," Soros said. 

He warned that external global environment will be hostile in the future and that funds would flow out of developing countri .. 

Read more at:
http://economictimes.indiatimes.com/articleshow/50484216.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst



Billionaire George Soros warned investors on Thursday that the global economy could be facing a crisis.


At an economic forum in Sri Lanka, the hedge fund luminary pointed toward China’s currency devaluation and economic slowdown as major factors weighing down the global markets, Bloomberg reported. He said that the turmoil is a result of China’s struggle to transition to a new growth model.


On Thursday, a plunge in Chinese equities spilled over to send global markets into a tizzy. The Dow Jones Industrial Average dropped more than 200 points after the Chinese Central Bank made its most significant downward adjustment of its currency since August, according to The Wall Street Journal.

Chinese markets had their shortest day in history—a mere 30 minutes—after a newly installed circuit breaker designed by the China Securities Regulatory Commission halted trading. Though the circuit breaker was designed to stabilize markets amid volatility, the regulator reportedlydecided to stop using the mechanism after its use Thursday sent jitters through the markets.

 
Soros said that the current economic volatility is worrisome. “China has a major adjustment problem,” he said. “I would say it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.”


The Mission of George Soros in Sri Lanka

Sri Lanka to face a BOP Crisis, lack of Foreign Reserves Crisis, Present Government 2015-2020 to borrow exponentially from Foreign Capital Markets and Bond Markets.

No infrastructure development or investor climate to make 'Sri Lanka an Investment Friendly Country' and No Public or Government Investment to motivate local Private Sector Investment. Economic growth to downgrade to 2% to 1% by 2020

Rupee already down 9% a year the highest since 30 years. This year the worst and the most downgraded currency is Sri Lankan Rupee and ranks number in Devaluation in the world for 2015. 

Rupee will hit Rs.200 per US Dollar by January 2017 and Rs.270 per US Dollar by January 2018 there after slowly it will hit Rs.300 per US Dollar by 2019 and 320 Rupees per Dollar by 2020 by that time Sri Lanka will be worst than present Iraq and little better than Zimbabwe and by 2019 end George Soros will slowly start buying in Sri Lankan Rupee Positions totaling to US $ 1 billion by beginning 2021. 

So when George Soros invest US $ 1 billion in Sri Lanka by 2020 the value in Sri Lankan Rupees will be nearly Rs.310 billion at Rs.310 per US $ 1 Dollar average exchange rate and after 2025 when Rupee starts its regain and revaluation at Rs.50 per US $ 1 Dollar, then George Soros will exist from Rs.310 billion and gain over capital gain of US $ 5.2 billion or simply nearly US $ 6.2 billion return in a 'Currency War Manipulation Mechanism in Sri Lanka' by that time Sri Lanka will be under a 'Planted US friendly Government' in 2025 and George Soros will handsomely retire see his 'White Flags' with a greatest story ever he did created in Sri Lanka.

ranferdi

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

Varshaa Selvanathan wrote:George Soros came to Sri Lanka finally sad thing though he came and predicted about the next 'Financial Crisis' in the world yesterday in Colombo.

Doubt whether he will actually invest in Stocks but some say he will manipulate Sri Lankan Currency to the Maximum and will slowly bring SL Economy further down. Bet by some top international fund managers is that George Soros and his so called 'Open Society for Democracy' that create internal tensions among nations will work in a way that Sri Lankan Rupee to be downgraded against US $ at Rs.320 per US $ 1 by 2020 (within 4 years) and subsequently he will make an investment of US $ 1 billion in Sri Lankan Currency position and then he will support the whoever the next government appointed after 2020 to raise Sri Lankan Rupee from Rs.320 levels per Dollar to Rs.50 per Dollar by 2025 When he is 97 years he will make his biggest bet with Sri Lankan Rupee positions just like how he became a Billionaire excelled through holding in to British Pounds.

Developing nations will have to take harsh measures: George Soros
COLOMBO: Amidst the economic crisis in China, billionaire investor George Soros today warned developing countries that they will have to make "harsh" choices as funds are no longer pouring into those nations. 

"Money is no longer coming to developing countries and harsh choices will have to be made instead of waiting for things to get better," Soros said. 

He warned that external global environment will be hostile in the future and that funds would flow out of developing countri .. 

Read more at:
http://economictimes.indiatimes.com/articleshow/50484216.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst



Billionaire George Soros warned investors on Thursday that the global economy could be facing a crisis.


At an economic forum in Sri Lanka, the hedge fund luminary pointed toward China’s currency devaluation and economic slowdown as major factors weighing down the global markets, Bloomberg reported. He said that the turmoil is a result of China’s struggle to transition to a new growth model.


On Thursday, a plunge in Chinese equities spilled over to send global markets into a tizzy. The Dow Jones Industrial Average dropped more than 200 points after the Chinese Central Bank made its most significant downward adjustment of its currency since August, according to The Wall Street Journal.

Chinese markets had their shortest day in history—a mere 30 minutes—after a newly installed circuit breaker designed by the China Securities Regulatory Commission halted trading. Though the circuit breaker was designed to stabilize markets amid volatility, the regulator reportedlydecided to stop using the mechanism after its use Thursday sent jitters through the markets.

 
Soros said that the current economic volatility is worrisome. “China has a major adjustment problem,” he said. “I would say it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.”


The Mission of George Soros in Sri Lanka

Sri Lanka to face a BOP Crisis, lack of Foreign Reserves Crisis, Present Government 2015-2020 to borrow exponentially from Foreign Capital Markets and Bond Markets.

No infrastructure development or investor climate to make 'Sri Lanka an Investment Friendly Country' and No Public or Government Investment to motivate local Private Sector Investment. Economic growth to downgrade to 2% to 1% by 2020

Rupee already down 9% a year the highest since 30 years. This year the worst and the most downgraded currency is Sri Lankan Rupee and ranks number in Devaluation in the world for 2015. 

Rupee will hit Rs.200 per US Dollar by January 2017 and Rs.270 per US Dollar by January 2018 there after slowly it will hit Rs.300 per US Dollar by 2019 and 320 Rupees per Dollar by 2020 by that time Sri Lanka will be worst than present Iraq and little better than Zimbabwe and by 2019 end George Soros will slowly start buying in Sri Lankan Rupee Positions totaling to US $ 1 billion by beginning 2021. 

So when George Soros invest US $ 1 billion in Sri Lanka by 2020 the value in Sri Lankan Rupees will be nearly Rs.310 billion at Rs.310 per US $ 1 Dollar average exchange rate and after 2025 when Rupee starts its regain and revaluation at Rs.50 per US $ 1 Dollar, then George Soros will exist from Rs.310 billion and gain over capital gain of US $ 5.2 billion or simply nearly US $ 6.2 billion return in a 'Currency War Manipulation Mechanism in Sri Lanka' by that time Sri Lanka will be under a 'Planted US friendly Government' in 2025 and George Soros will handsomely retire see his 'White Flags' with a greatest story ever he did created in Sri Lanka.

Someone is getting paid smart for writing these .............  Money Stolen from people are going to the hands of crackheads

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum