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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Where is Harry J's looted wealth?

Where is Harry J's looted wealth?

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21Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Sun Feb 05, 2012 2:06 pm

greedy007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
He was made to be in trouble.
May be the time can change anything.

22Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Sun Feb 05, 2012 9:17 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
What about the profits of SLIC, during it's under DIST. As per the judgment DIST is entitle for the profits. But not got it yet.

23Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Sun Feb 05, 2012 9:26 pm

soileconomy


Vice President - Equity Analytics
Vice President - Equity Analytics
@hariesha wrote:What about the profits of SLIC, during it's under DIST. As per the judgment DIST is entitle for the profits. But not got it yet.

It will take another 3-4 years to get the retained profits .(It took more than 2 years to get the originally invested money).
again HJ will have to give 10% to politicians out of retained profits.

Redbulls


Director - Equity Analytics
Director - Equity Analytics
Business tycoon Harry Jayawardena thinks it is conducive for the government to grant state land for resort development to operators who have the capability and the experience to do so.

Jaywardena makes this suggestion as he thinks that the local tourism industry currently falls well short of the required capacity to meet the government target of bringing in 2.5 million tourists by 2016.

Commenting on Aitken Spence’s 2011/2012 annual report in the capacity of the Company’s Chairman he says, “In the absence of a focused strategy, it is probable that the destination will fall short of capacity requirements and quality accommodation”

Citing reasons, Jayawardena points out that the lack of incentives to stimulate capacity expansion continues to be a challenge for the local hospitality operators.

Chairman of the Aitken Spence Group which runs a chain of hospitality properties both here and overseas also points out that the escalation in the cost of construction adds to the woes of the industry.

He also believes the tourism industry with its current growth will face a problem of lack of adequate human resources to cater to the sector.

“The lack of skilled personnel will be detrimental to service standards. The issue of human resource must be addressed in haste” Jayawardena added.
http://www.news360.lk/tourism/news-sri-lanka-07-06-2012-harry-jayawardena-wants-the-government-to-grant-lands-to-develop-resorts-93421

25Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Thu Jun 07, 2012 10:24 am

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yeah grant these people more, more properties, more loans, like granted the milk factory for cents (yeah, with state loans which never got paid) while law abiding citizens have to work night and day to build their small asbastos house and buy their luxury Maruti with loans running until they're dead and they're paying.

26Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Thu Jun 07, 2012 10:38 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@aj wrote:Yeah grant these people more, more properties, more loans, like granted the milk factory for cents (yeah, with state loans which never got paid) while law abiding citizens have to work night and day to build their small asbastos house and buy their luxury Maruti with loans running until they're dead and they're paying.

We voted for this.

27Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Thu Jun 07, 2012 10:44 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Redbulls wrote: We voted for this.
Well Said.
I suggest many guys (gals too) here to read "Start-up Nation" written by Dan Senor & Saul Singer which is also available as an e-book. Very Happy

28Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Thu Jun 07, 2012 6:43 pm

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Redbulls wrote:
@aj wrote:Yeah grant these people more, more properties, more loans, like granted the milk factory for cents (yeah, with state loans which never got paid) while law abiding citizens have to work night and day to build their small asbastos house and buy their luxury Maruti with loans running until they're dead and they're paying.

We voted for this.

No you are wrong...we did not vote for this.

29Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Thu Jun 07, 2012 6:54 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@Whitebull wrote:
@Redbulls wrote:
@aj wrote:Yeah grant these people more, more properties, more loans, like granted the milk factory for cents (yeah, with state loans which never got paid) while law abiding citizens have to work night and day to build their small asbastos house and buy their luxury Maruti with loans running until they're dead and they're paying.

We voted for this.

No you are wrong...we did not vote for this.

Good to hear my friend.

30Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Thu Jun 07, 2012 10:49 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Good concept but not practical in a 3rd world politically corrupted country.
Only the government supporters/relations will get the benefit.
We will potentially lose places like Sinharaja forest..


31Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Fri Jun 08, 2012 10:45 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
This is a good concept. - If you can do this without corruption.

If you want to develop this country you have to think this way.
At the moment a developer has to dump millions to the government coffers to secure a land. Then he has to find more money to build the hotel.

If the Government give lands and get some portion of shares for it then the company can utilize money to develop a much better place with international standard.

What happen to the money they get for the lands, as per the present system ?
They just waste major part of that money in various ways.
Hence I like what Mr. (D) Harry has suggested.

32Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Fri Jun 08, 2012 2:26 pm

greedy

greedy
Manager - Equity Analytics
Manager - Equity Analytics
@Chinwi wrote:This is a good concept. - If you can do this without corruption.

If you want to develop this country you have to think this way.
At the moment a developer has to dump millions to the government coffers to secure a land. Then he has to find more money to build the hotel.

If the Government give lands and get some portion of shares for it then the company can utilize money to develop a much better place with international standard.

What happen to the money they get for the lands, as per the present system ?
They just waste major part of that money in various ways.
Hence I like what Mr. (D) Harry has suggested.

Well said!!

And no more expropriation bills. Then only we can attract FDIs.

33Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Fri Jun 08, 2012 7:06 pm

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@UKboy wrote:Good concept but not practical in a 3rd world politically corrupted country.
Only the government supporters/relations will get the benefit.
We will potentially lose places like Sinharaja forest..



I do agree with you.

34Where is Harry J's looted wealth?  - Page 2 Empty 10.2mn crossing @ BALA Mon Jun 25, 2012 2:22 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
what is that ????? Surprised

35Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 2:25 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
@opfdo wrote:what is that ????? Surprised

9.0 mn MADU @9.1/-

36Where is Harry J's looted wealth?  - Page 2 Empty Harry J on selling spree?? Mon Jun 25, 2012 2:27 pm

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Refer the top shareholders for these companies
Question Neutral
MADU/BALA/BBH

Stassens/Distilleries stakes sold??

Cheers!

37Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 2:29 pm

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
http://www.cse.lk/cmt/upload_report_file/705_1336728388005.Balangoda%20Plantations%20%20PLC%20Jan-Mar%202012

http://www.cse.lk/cmt/upload_report_file/525_1338467453244.pdf

http://www.cse.lk/cmt/upload_report_file/721_1336728437035.Madulsima%20Plantations%20PLC%20Jan%20Mar%202012


refer top shareholders and crossed qty...

38Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 2:31 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Must be transfer to Melstacorp.

39Where is Harry J's looted wealth?  - Page 2 Empty day of crossings Mon Jun 25, 2012 2:32 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
@opfdo wrote:what is that ????? Surprised

CFIN also. it seems there are another few. will see until sriranga post it.

oh yes I found others,

BBH 54 mn @ 13.30

KHC 13.2mn @ 5.50 but it was from normal trading. Anyway it is very interesting to see who are the related parties, if the buyers are foreigners, great isn't it ?

what do you think ????

40Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 2:45 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@The Alchemist wrote:Must be transfer to Melstacorp.
I too guess the same. It may be an internal transfer.

41Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 2:52 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
@Rapaport wrote:Refer the top shareholders for these companies
Question Neutral
MADU/BALA/BBH

Stassens/Distilleries stakes sold??

Cheers!


yes he sold. did you notice about KHC, 13.2 mn on normal board. It seems no 3 shareholder sold. it is HSBC Intl. Ltd - USB Ag Singapore Branch (this should be a foreign selling)

42Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 5:58 pm

sriranga

sriranga
Co-Admin
http://www.cse.lk/cmt/upload_cse_announcements/6681340625282_.pdf

Where is Harry J's looted wealth?  - Page 2 Dist10

http://sharemarket-srilanka.blogspot.co.uk/

43Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 7:19 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
@sriranga wrote:http://www.cse.lk/cmt/upload_cse_announcements/6681340625282_.pdf


what may be the reason ?

44Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 7:36 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@opfdo wrote:
@sriranga wrote:http://www.cse.lk/cmt/upload_cse_announcements/6681340625282_.pdf


what may be the reason ?

May be another Investment Holding Company in CSE by way of introduction.

45Where is Harry J's looted wealth?  - Page 2 Empty Re: Where is Harry J's looted wealth? Mon Jun 25, 2012 8:59 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
may be insurance corporation situation = dist
harry caution before that .....

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