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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» LB Finance PLC (LFIN.0000)
by kanishkaecomm Today at 1:04 pm

» Lets try to understand what is happening in the market right now
by Wickyz Today at 11:31 am

» Is ASPI Overvalued now or heavily undervalued ?
by Wickyz Today at 11:19 am

» GLAS will be winner with Super Gain.
by jason12 Today at 10:11 am

» Anyone attended AGM?
by Mr. X Today at 8:54 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Gowri123 Today at 12:05 am

» A Strong bounce back of ASI is on the cards
by samaritan Yesterday at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Yesterday at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Yesterday at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Yesterday at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Yesterday at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Yesterday at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Yesterday at 9:56 am

» Many positives for Next week
by Vishwanarth Sat Mar 06, 2021 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Sat Mar 06, 2021 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Sat Mar 06, 2021 7:40 am

» EXPO EXPO EXPO
by Gowri123 Sat Mar 06, 2021 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » කොරෝනා වලින් ගොඩ යන බිලියනපතියන්

කොරෝනා වලින් ගොඩ යන බිලියනපතියන්

Go to page : Previous  1, 2

Go down  Message [Page 2 of 2]

dayandacool


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@wallstreetguy wrote:I think the best thing to do is to keep cash in hand! 

The present situation is not great and COVID19 cases have entered Colombo.

The government played a part by locking us down for months when cases were easily traceable.
Now the government is downplaying when cases are untraceable and before you know it, the whole country is affected.

Not being pessimistic. I'm a strong bull but I'm also a realist! I don't want people to lose their money on blind shot and optimism shared by other members! Optimism is good! But be realist!

We have to be realistic. And not many want to accept it since we all have long positions.

Put that aside, the country is in a grave dangerous situation. The best thing to do is have cash in hand and wait.


You might say foreigners are buying and we are modayas. We modayas earned our hard earned money. Foreigners are using other investors money and buying in peanuts sizes. For them 100 - 200 m is just half a million dollars and they will continue to downsize it buy averaging it. And there fund size is in billions of dollars and they can sell it at loss. However, what is incoming is just peanuts from foreign investors. Most of the investors cashed out! 

We ordinary people cant afford to do it. Once you buy! You have to pray to all the gods out there!

Be smart. This is not Wall Street.


Even Rusi Captain can take a hit of nearly half a billion from Seylan Bank investment, i'm sure we should have the stomach to take a small loss and stay on the side lines until the COVID19 cases come to a controlling enviroment.

You see that's the thing with Investing in the stock market. Invest disposable income or dont invest in the stock market at all. you cant expect to make a quick sizable gain by just putting a couple of million rupees and trade in short time frames. You gotta be in it for long term and if u are in it for long term, you gotta buy when market is continuously going down and not when it is going up. For those who bought it can continuously average it or forget about the stock for some time. If you have invested in a good company at a fair price, you will never lose in the long run. 

If an investor thinks that he can make profits by selling at a loss when market goes down and buying it back when markets picking up is a sure mantra to keep on losing!!!

Thushara Ayya likes this post

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I agree on that! 

However, investors even the most successful ones don't always stay on the green. 

Rusi dumped his shares so he could move on to the next investment.  There are times where big boys have taken a big hit and then they move on, because they can.

I remember Nimal taking a 200 - 300 million loss once and he shrugged it off! They can. 

Retailers who have disposable income come to the market for one thing, to make better returns than than the F.D.

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Let's say you bought in JKH for a specific price. The price was stabilized and it was not volatile. You put your whole money in to it e.g 1 million. 


The share plummets and the stock is trading half of the price now. Maybe you had bought it when it was over valued.

For you to average it, you need to pump in 1:1.5 times of your initial investment to get it close to the trading price.

Not many can afford to put another 1.5 million to the same jockey! and once you witness such a dip, its like a snake bite! You don't want to risk again. so you either keep it and forget about it like an ostrich investor or you take the hit and make sure you invest in something solid to cover your losses, or maybe never come again! unfortunately.

Billionaires can afford to. They can even get a quick bank loan or overdraft to make such position. You and I can't buddy! Unless you're a billionaire!  Very Happy

 Been in this for more than a decade, I've seen alot!

pra4u


Manager - Equity Analytics
Manager - Equity Analytics
@wallstreetguy wrote:Let's say you bought in JKH for a specific price. The price was stabilized and it was not volatile. You put your whole money in to it e.g 1 million. 


The share plummets and the stock is trading half of the price now. Maybe you had bought it when it was over valued.

For you to average it, you need to pump in 1:1.5 times of your initial investment to get it close to the trading price.

Not many can afford to put another 1.5 million to the same jockey! and once you witness such a dip, its like a snake bite! You don't want to risk again. so you either keep it and forget about it like an ostrich investor or you take the hit and make sure you invest in something solid to cover your losses, or maybe never come again! unfortunately.

Billionaires can afford to. They can even get a quick bank loan or overdraft to make such position. You and I can't buddy! Unless you're a billionaire!  Very Happy

 Been in this for more than a decade, I've seen alot!

Short Selling is the solution

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Exactly! This market needs short selling!

Inthikahb M Wazeer likes this post

vikiperera


Manager - Equity Analytics
Manager - Equity Analytics
@wallstreetguy wrote:Exactly! This market needs short selling!
That's what is happening now

dayandacool

dayandacool
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@wallstreetguy wrote:Let's say you bought in JKH for a specific price. The price was stabilized and it was not volatile. You put your whole money in to it e.g 1 million. 


The share plummets and the stock is trading half of the price now. Maybe you had bought it when it was over valued.

For you to average it, you need to pump in 1:1.5 times of your initial investment to get it close to the trading price.

Not many can afford to put another 1.5 million to the same jockey! and once you witness such a dip, its like a snake bite! You don't want to risk again. so you either keep it and forget about it like an ostrich investor or you take the hit and make sure you invest in something solid to cover your losses, or maybe never come again! unfortunately.

Billionaires can afford to. They can even get a quick bank loan or overdraft to make such position. You and I can't buddy! Unless you're a billionaire!  Very Happy

 Been in this for more than a decade, I've seen alot!
------------------------------------------------------------
I have seen this happening alot. When we invest in stock market (I emphasize Invest not blind buying & selling) there are certain good practices we need to follow and not putting all your eggs in one basket is one of them.

I have learnt this lesson in the hard way during the 2009-2010 time period where all the stocks were surging and i had put all my money on Greg walker when the share was at it's peak (manipulated or not i don't know)

In a scenario where as you mentioned a guy puts all his money on a share like JKH which is fundamentally strong and assets wise 2nd to none, you don't expect to make a massive gain in 2-3 months but you invest in it in the long run. If you invest in the long run and if you believe in the share that you bought, forget about the market fluctuation because your intentions were to make a capital gain in the long run. So trust in your self and the judgement you made to buy the share and wait for it to go where you intend it to go.

If you are a trader not an investor and you are not in it in the long run, well then like i said dont put all your money in one horse and keep something in the pocket as well. cos true traders know when to go for the kill. its something that you need to practice over a period of time. (don't get me wrong I am not a pro at all) Just my two cents Smile Smile Smile

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Agree!

dayandacool likes this post

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Think we should learn to have a 'Stop loss' system in place.

dayandacool likes this post

samaritan


Moderator
Moderator
short selling is ok but in case market takes an unexpected dramatic upward turn, then you must use 'falling knives' strategy to bring the market down. කොරෝනා වලින් ගොඩ යන බිලියනපතියන් - Page 2 Icon_lol


_________________




The biggest risk in life is not taking any risk at all.

dayandacool

dayandacool
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@glad wrote:Think we should learn to have a 'Stop loss' system in place.

Averaging the price of shares is kind of a stop loss method. :-)

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dayandacool wrote:
@glad wrote:Think we should learn to have a 'Stop loss' system in place.

Averaging the price of shares is kind of a stop loss method. :-)
Yes, if you have money to pump in.

Sponsored content


Back to top  Message [Page 2 of 2]

Go to page : Previous  1, 2

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