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

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LOOK- KZOO
by sureshot Today at 2:51 pm

» THE NEXT OPPORTUNITY - GET IN
by sureshot Today at 1:02 pm

» RAL UNTOLD STORY, KEEPING TOUCH
by bkasun Today at 12:25 pm

» නිවැරදි වෙලාවට කොටස් මිලට ගත යුතුයි. Stock market for beginners
by D.G.Dayaratne Today at 10:42 am

» KELANI VALLEY PLANTATIONS PLC (KVAL.N0000)
by hammurabi Today at 10:05 am

» FCT.N & CFVF
by nish84 Fri Sep 23, 2022 2:16 pm

» Govt. invites LIOC to build refinery in Trincomalee
by samaritan Fri Sep 23, 2022 9:59 am

» India set to be world’s 3rd largest economy by 2030
by samaritan Fri Sep 23, 2022 9:21 am

» Exterminators Plc (EXT.N)
by GOSL Fri Sep 23, 2022 7:45 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by Nandana Withanage Fri Sep 23, 2022 12:26 am

» ACCESS ENGINEERING PLC (AEL.N0000)
by ddrperera Fri Sep 23, 2022 12:05 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by K.R Thu Sep 22, 2022 11:33 pm

» Ishara Nanayakkara rally - Maharaja
by samaritan Thu Sep 22, 2022 5:51 pm

» RGEM :- RGEM is the Cheapest Illiquid Stock in the market
by skyfall Thu Sep 22, 2022 11:47 am

» CIC going to next level
by suku502 Thu Sep 22, 2022 10:34 am

» ACL CABLES PLC (ACL.N0000)
by ADVENTUS Thu Sep 22, 2022 12:48 am

» LALU -Aluminum KING
by Stockbull Wed Sep 21, 2022 8:15 pm

» KELANI CABLES PLC (KCAB.N0000)
by bkasun Wed Sep 21, 2022 5:27 pm

» CARE 150 ++++++
by bkasun Wed Sep 21, 2022 5:25 pm

» RGEM. A real gem in the market
by skyfall Wed Sep 21, 2022 3:51 pm

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Who is responsible for the CSE's failure

Who is responsible for the CSE's failure

3 posters

Go down  Message [Page 1 of 1]

1Who is responsible for the CSE's failure Empty Who is responsible for the CSE's failure Wed Mar 30, 2022 12:04 pm

David VKMS


Senior Equity Analytic
Senior Equity Analytic

Group of people put the entire market in to a trouble by dumping of two shares "LOFC & CLC".

1. LOFC which was at Rs. 9 plus level at the begging of October 2021 was pumped to Rs. 30 plus and dumped 160 mn shares in 9th of November 2021 , 101 mn , 95 mn shares were dumped in 16th and 17th of November.

2. there was bad fall in 19th of November 2021

3. After such bad fall, this so call smart group convinced some tax benefit story of acquisition of CLC and dumped the balance  quantities at 28 level and and 25 level in January 2022.

4. They did the same with the CLC too.

5. Rs. 18 plus at September 2021 was pumped up to Rs.87.90 levels and duped to retailers with different stories at various price levels.

6. on 6th of December 2021 80 mn shares were dumped between Rs. 31 to 38 levels.

7. Oversight of the the regulator punished the investors who didn't buy this LOFC and CLC.

Conclusion : One group of people greediness put the entire market in to a disaster situation.

2011 : GREG 
2022 : LOFC & CLC

Is it the investor?
Is it regulator?
is the major shareholder of CLC and LOFC?
is the Smart group who manipulated  the  CSE?

sanjulanka and Gowri123 like this post

D.G.Dayaratne


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

CSE failure is mainly because of ignorance of a major part of investors

Another reason is some big people try to manipulate the market to calmaplage
POLICY FALLER

Some people try to mislead investors by making  fabricated postres

dayandacool

dayandacool
Moderator
Moderator

D.G.Dayaratne wrote:CSE failure is mainly because of ignorance of a major part of investors

Another reason is some big people try to manipulate the market to calmaplage
POLICY FALLER

Some people try to mislead investors by making  fabricated postres

One word mate

Incompetent governance!!!

Protecting investors is the responsibility of those in power.

Making policies to support investments (not to rob poor and get the rich more richer) is a responsibility of those in power

reyaz likes this post

Back to top  Message [Page 1 of 1]

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