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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Don't Support Criminals and burn your fingers!!!

Don't Support Criminals and burn your fingers!!!

+13
sampath.anuradha
puliyanam
Sstar
nickjava
RayR
hariesha
fawaz4sl
soileconomy
SHARK aka TAH
OzTRADER
geshan.weerakkody
NC
AAABoy
17 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

AAABoy

AAABoy
Moderator
Moderator

I thought to write this thread after seeing lots of posts which directly promoting junk stocks in this forum.  After 2010-2011, Now Sri Lanka Equity Market perform well giving some good returns to its Investors. As always a bull market starts with Blue Chip stocks, We saw JKH/COMB/HNB/CTC/NEST/NDB etc.. going up continuously since the start of 2014.

Meanwhile now some People who called "God in Stock Market" has started to push junk stocks from big percentages repeatedly every day to attract public to invest in Junks from fundamentals. If you see GREG.W06 two moths ago it was 0.60 only and it pushed up to 3.50 within a short period. But have you discovered what is the intrinsic value of this Warrant? But People buy them by selling all their value stocks. Once the Great Warrant Buffet has said that

I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

We all should keep in mind that Stock Market is not for gambling. It is the capital market of our country we should protect it by preventing these manipulations, Only we can do that by not purchasing these junks even it goes by 100%. Also If you get a return with these stocks I believe that money will not in your purse for long, Those are innocent peoples money.

People who manipulate these stocks would be deserved to call as Criminals.  Because what they do is buying at low, pushing the stock to higher and unload them to innocent people. Do you ever think these money that they earn reinvest in the market.. Never. So people who bought shares from higher prices keep their shares with lots of hopes that this man will do the stock soon and he never returns. After that everyone keep wasting the time blaming CSE/SEC and Stockbrokers.

I believe everyone should follow these two steps,

1) Open your account in a reputed Stockbroker Company. People who are working in these companies are called real Investment Advisors.  Other people are Brokers.. Just Brokers

2) Do not buy any stock for rumors. Some people says Budu doing this, Budu doing that..ect.. Never believe those If they are doing that stocks you better keep away and see what is happening.      


Guys this is our CSE.. Please protect it. Don't promote junks and Don't follow Junks!!

NC

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

Don't Support Criminals and burn your fingers!!! Un210
lol!

NC

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

My reaction when I saw GREG.W06 Very Happy Don't Support Criminals and burn your fingers!!! Z

geshan.weerakkody

geshan.weerakkody
Manager - Equity Analytics
Manager - Equity Analytics

Well said AAA Boy and we need more people like you in the Forum Smile Plus rep from me Smile

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

AAABoy wrote:I thought to write this thread after seeing lots of posts which directly promoting junk stocks in this forum.  After 2010-2011, Now Sri Lanka Equity Market perform well giving some good returns to its Investors. As always a bull market starts with Blue Chip stocks, We saw JKH/COMB/HNB/CTC/NEST/NDB etc.. going up continuously since the start of 2014.

Meanwhile now some People who called "God in Stock Market" has started to push junk stocks from big percentages repeatedly every day to attract public to invest in Junks from fundamentals. If you see GREG.W06 two moths ago it was 0.60 only and it pushed up to 3.50 within a short period. But have you discovered what is the intrinsic value of this Warrant? But People buy them by selling all their value stocks. Once the Great Warrant Buffet has said that

I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

We all should keep in mind that Stock Market is not for gambling. It is the capital market of our country we should protect it by preventing these manipulations, Only we can do that by not purchasing these junks even it goes by 100%. Also If you get a return with these stocks I believe that money will not in your purse for long, Those are innocent peoples money.

People who manipulate these stocks would be deserved to call as Criminals.  Because what they do is buying at low, pushing the stock to higher and unload them to innocent people. Do you ever think these money that they earn reinvest in the market.. Never. So people who bought shares from higher prices keep their shares with lots of hopes that this man will do the stock soon and he never returns. After that everyone keep wasting the time blaming CSE/SEC and Stockbrokers.

I believe everyone should follow these two steps,

1) Open your account in a reputed Stockbroker Company. People who are working in these companies are called real Investment Advisors.  Other people are Brokers.. Just Brokers

2) Do not buy any stock for rumors. Some people says Budu doing this, Budu doing that..ect.. Never believe those If they are doing that stocks you better keep away and see what is happening.      


Guys this is our CSE.. Please protect it. Don't promote junks and Don't follow Junks!!

Dear AAABoy....agreeing to everything that you have said it is very unfortunate that as far as money is concerned people are no longer bothered what happens to other as long as we, they and other is satisfied with there positive outcome of being a rupee richer.....the reality of the stock exchange is to make money..dump money and pump money...if what you are saying is true about the stock market being ethical....why do they let the stock prices soar....if they regulated the stock prices...there would not exist a stock market.....think about it...we live in a world which is becoming less and less civilized and we call the human kind civilized...this is just my point of view...correct me if i am wrong.Shocked Shocked Shocked Shocked Shocked

SHARK aka TAH

SHARK aka TAH
Expert
Expert

The post is timely. Thanks alot for being straight as an arrow.

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SHARK wrote:The post is timely. Thanks alot for being straight as an arrow.

Thank you SIR......Gone thru hell in life...and still am.... Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Some people will learn the lesson in a hard way.but trying to persuade them to be good is more important.we should read articles like this and will be admired more after few months time.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Some people will learn the lesson in a hard way.but trying to persuade them to be good is more important.we should read articles like this and will be admired more after few months time.

fawaz4sl


Stock Analytic
Stock Analytic

I was very confused recently. I am a beginer. Good piece of advice.

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

Agreed about GREG.W006. But not with the whole article. Don't have time to write much. There was a similar debate couple of years back. Those who are new dig and read, will help lot. You don't need any thing to learn. This forum is full of information. Take time and read. Specially the research section.

Markets do have cycles. Understanding those is vital. Buying only HI CAP shares described AAA boy is not investing, better have a FD. This time market start the trend with HI Caps. When they were taken to a certain level, people feel they are over valued and moving to mid caps (I think we are there now). Most of the penny stocks are yet to move.

There can be value in small caps and mid caps also. Much more value than HI CAPS. They are much beaten in the down trend in last three years.

In between there can be gossip base movements also.

I don't like the terminology "CRAP". This is about companies. There can be reasons behind their bad performance. They can be revived. When I was talking about REXP 1 1/2 years back some said it has a negative asset value. Truly it had a negative NAV. But look at now? I collected first 10,000 shares between Rs.17-18. Where is it now?

Understand various instruments. When to enter and when to exit. Learn from the mistakes. Few months back JKH was taken close to 300/-, LLUB was taken to 375/- and dropped to Rs.260/- what about the guys purchased at the top.

So you can get burned from any share. Play the game for the long term. Everything is pat of the game.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

geshan.weerakkody wrote:Well said AAA Boy and we need more people like you in the Forum Smile Plus rep from me Smile
some one - rep, who could that be,anyways i too gave a plus rep.... way to go bro.... Very Happy

SHARK aka TAH

SHARK aka TAH
Expert
Expert

fawaz4sl wrote:I was very confused recently. I am a beginer. Good piece of advice.
there is so much you will and can learn.ts upto you to take the necessary action and steps .... Very Happy

fawaz4sl


Stock Analytic
Stock Analytic

Thanks everybody.
I starting to set my mind now...

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Now we have started on the right track .......
ozt
soileconomy
hariesha
sstar
aaaboy
stevenapple
geeshan
nc
TT
somyboy Very Happy

are well capable to move this forum in any weather conditions.....
bravo ......

i may have missed some names.... sorry for that not intentional
Shark

SHARK aka TAH

SHARK aka TAH
Expert
Expert

oops
i remember few more
pethi
DGD
aubrey
robotic

all these are with strong background more experienced than me ....as well _/\_

good luck all

RayR

RayR
Equity Analytic
Equity Analytic

We don't need to walk behind those junk as good stocks are there. just go through the Financial statements of following, OSEA, LIOC, TKYO, WATA, BALA, TJL, JINS

nickjava


Manager - Equity Analytics
Manager - Equity Analytics

Well my advice dont gamble in cse. I have friends who are still paying the price for mistakes they did in 2011

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

hariesha wrote:Agreed about GREG.W006. But not with the whole article. Don't have time to write much. There was a similar debate couple of years back. Those who are new dig and read, will help lot. You don't need any thing to learn. This forum is full of information. Take time and read. Specially the research section.

Markets do have cycles. Understanding those is vital. Buying only HI CAP shares described AAA boy is not investing, better have a FD. This time market start the trend with HI Caps. When they were taken to a certain level, people feel they are over valued and moving to mid caps (I think we are there now). Most of the penny stocks are yet to move.

There can be value in small caps and mid caps also. Much more value than HI CAPS. They are much beaten in the down trend in last three years.

In between there can be gossip base movements also.

I don't like the terminology "CRAP". This is about companies. There can be reasons behind their bad performance. They can be revived. When I was talking about REXP 1 1/2 years back some said it has a negative asset value. Truly it had a negative NAV. But look at now? I collected first 10,000 shares between Rs.17-18. Where is it now?

Understand various instruments. When to enter and when to exit. Learn from the mistakes. Few months back JKH was taken close to 300/-, LLUB was taken to 375/- and dropped to Rs.260/- what about the guys purchased at the top.

So you can get burned from any share. Play the game for the long term. Everything is pat of the game.


Thanks. Great advice.

puliyanam

puliyanam
Manager - Equity Analytics
Manager - Equity Analytics

Well said AAA boy! Good one

sampath.anuradha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

HI...Mr I'm new comer.so can u explain what is this meaning ; PE,PBV,Q ,EPS,NAV,CRAP, thank u,,,

dougieboy


Moderator
Moderator

Good post AAAboy. Wonder whether you are anyone we knew from past or a newcomer?

Hariesha,

There is some truth in your comments. Btw yes REXP was good pick . Well done. You saw it the turn around stage.
Then it had continous good eps reporting for 2 years now . So prices went up and up. But it will be so hard to find another share like that which can go from negative assets to positive , and keep improving eps. Usually these negative asset companies never reprort consistent positve eps. REXP was helped by low rubber prices. For many years it was making a loss right?

I see KURU is turning around , but it will be delisted Sad


hariesha wrote:Agreed about GREG.W006. But not with the whole article. Don't have time to write much. There was a similar debate couple of years back. Those who are new dig and read, will help lot. You don't need any thing to learn. This forum is full of information. Take time and read. Specially the research section.

Markets do have cycles. Understanding those is vital. Buying only HI CAP shares described AAA boy is not investing, better have a FD. This time market start the trend with HI Caps. When they were taken to a certain level, people feel they are over valued and moving to mid caps (I think we are there now). Most of the penny stocks are yet to move.

There can be value in small caps and mid caps also. Much more value than HI CAPS. They are much beaten in the down trend in last three years.

In between there can be gossip base movements also.

I don't like the terminology "CRAP". This is about companies. There can be reasons behind their bad performance. They can be revived. When I was talking about REXP 1 1/2 years back some said it has a negative asset value. Truly it had a negative NAV. But look at now? I collected first 10,000 shares between Rs.17-18. Where is it now?

Understand various instruments. When to enter and when to exit. Learn from the mistakes. Few months back JKH was taken close to 300/-, LLUB was taken to 375/- and dropped to Rs.260/- what about the guys purchased at the top.

So you can get burned from any share. Play the game for the long term. Everything is pat of the game.

TKS


Equity Analytic
Equity Analytic

nikan boru danna epa. baila talks dunnata meyala ganneth hoda naha hoda naha kiyana awama thamai. me wage post walata - thamai denna ona.

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

+ rep from me.

Don't get bothered by advising to people who are very fond of getting their fingers burnt.

However,

To protect this forum, action is requried rather than advising. Advising was done enough.

Hello Moderators of talk section!
Now your time to use some power! Twisted Evil Wink

NZ BOY

NZ BOY
Moderator
Moderator

AAABoy wrote:I thought to write this thread after seeing lots of posts which directly promoting junk stocks in this forum.  After 2010-2011, Now Sri Lanka Equity Market perform well giving some good returns to its Investors. As always a bull market starts with Blue Chip stocks, We saw JKH/COMB/HNB/CTC/NEST/NDB etc.. going up continuously since the start of 2014.

Meanwhile now some People who called "God in Stock Market" has started to push junk stocks from big percentages repeatedly every day to attract public to invest in Junks from fundamentals. If you see GREG.W06 two moths ago it was 0.60 only and it pushed up to 3.50 within a short period. But have you discovered what is the intrinsic value of this Warrant? But People buy them by selling all their value stocks. Once the Great Warrant Buffet has said that

I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

We all should keep in mind that Stock Market is not for gambling. It is the capital market of our country we should protect it by preventing these manipulations, Only we can do that by not purchasing these junks even it goes by 100%. Also If you get a return with these stocks I believe that money will not in your purse for long, Those are innocent peoples money.

People who manipulate these stocks would be deserved to call as Criminals.  Because what they do is buying at low, pushing the stock to higher and unload them to innocent people. Do you ever think these money that they earn reinvest in the market.. Never. So people who bought shares from higher prices keep their shares with lots of hopes that this man will do the stock soon and he never returns. After that everyone keep wasting the time blaming CSE/SEC and Stockbrokers.

I believe everyone should follow these two steps,

1) Open your account in a reputed Stockbroker Company. People who are working in these companies are called real Investment Advisors.  Other people are Brokers.. Just Brokers

2) Do not buy any stock for rumors. Some people says Budu doing this, Budu doing that..ect.. Never believe those If they are doing that stocks you better keep away and see what is happening.      


Guys this is our CSE.. Please protect it. Don't promote junks and Don't follow Junks!!




great one

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