NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET

kalyana · 1 NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 9:58 pm

kalyana

Stock Trader

Posts : 9
Equity Stars : 4621
Reputation : 0
Join date : 2011-10-20

Every body thinking now market green ,but you can see after two days, around Tuesday
MARKET will be totally become red , one year RED ,two days green. For what use of investing in colomb stock market ,better to think about any other business.

Gaja · 2 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 10:04 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9693
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

kalyana wrote:Every body thinking now market green ,but you can see after two days, around Tuesday
MARKET will be totally become red , one year RED ,two days green. For what use of investing in colomb stock market ,better to think about any other business.

Well Friend i was in the market since 2002 and the gains i have made is very high compare to the few losses i have incurred

Niwa · 3 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 10:59 pm

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

There is no stock mkt in this world which is green throughout the year. if you picked the right share at right time, should not worry. You need lots of experience for that, experience comes when you are in the mkt for sometimes as Gaja has been.

Im very positive about the mkt. Srilanka in a path of a massive development. This year budget too will be a business friendly one.We can expect good cooperate financial results too in last quarter and in next quarters as well. These good results will definitely bring down mkt PE ratio, which is higher at the moment.

Gaja · 4 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 11:28 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9693
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

Niwa wrote:There is no stock mkt in this world which is green throughout the year. if you picked the right share at right time, should not worry. You need lots of experience for that, experience comes when you are in the mkt for sometimes as Gaja has been.

Im very positive about the mkt. Srilanka in a path of a massive development. This year budget too will be a business friendly one.We can expect good cooperate financial results too in last quarter and in next quarters as well. These good results will definitely bring down mkt PE ratio, which is higher at the moment.

Thanks for the idea, will give example of 2 shares i hold with sometimes say between 2 to 3 years with little example

I Bought LLUB in october 2009 say at around 170/= 1,000 shares and still i have those and its trading at 160/= with several dividends also given out! also note presently i have 2,000 shares

In the Same October 2009 i bought 1,000 commercial bank non voting shares around 70/= now it trades around 70 to 75, leave the rights & scrip dividend and the cash dividends given, 1st 1,000 became 1,500 because they gave a split of 1 share for every 2 shares held, and recently they gave another split of 1 for 1, so i have around 3,000 shares and it trades around the price i bought it in 2009, but i have 2,000 shares at nil cost!!!!!

Thushara Ayya · 5 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 11:30 pm

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7206
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

Yes, as gaja says...You have to learn more.... I also lost in my first days. With experience we can improve our Knowledge. I think information is the most important resource to deal with market. We cant expect "HEMADA KOLA (Everyday green)"
Kandak neggoth Bahinnath oooni. Kalabala Wenna epa...Ivasannath Wenawa...

Niwa · 6 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 12:58 am

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

Gaja wrote:

Niwa wrote:There is no stock mkt in this world which is green throughout the year. if you picked the right share at right time, should not worry. You need lots of experience for that, experience comes when you are in the mkt for sometimes as Gaja has been.

Im very positive about the mkt. Srilanka in a path of a massive development. This year budget too will be a business friendly one.We can expect good cooperate financial results too in last quarter and in next quarters as well. These good results will definitely bring down mkt PE ratio, which is higher at the moment.

Thanks for the idea, will give example of 2 shares i hold with sometimes say between 2 to 3 years with little example

I Bought LLUB in october 2009 say at around 170/= 1,000 shares and still i have those and its trading at 160/= with several dividends also given out! also note presently i have 2,000 shares

In the Same October 2009 i bought 1,000 commercial bank non voting shares around 70/= now it trades around 70 to 75, leave the rights & scrip dividend and the cash dividends given, 1st 1,000 became 1,500 because they gave a split of 1 share for every 2 shares held, and recently they gave another split of 1 for 1, so i have around 3,000 shares and it trades around the price i bought it in 2009, but i have 2,000 shares at nil cost!!!!!

See this is what i said, right share at right time. Gaja you have picked up too great fundamentally strong shares. LLUB give 4 dividend per year,altogether around Rs.12 per year.LLUB is a strong counter still hang on even this down trend mkt condition. In the end experience is the mother of wisdom.

ShareShares · 7 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 8:16 am

ShareShares

Assistant Vice President - Equity Analytics

Posts : 679
Equity Stars : 5690
Reputation : 152
Join date : 2011-02-02

loosig everyday. recovery is slow waiting for a long time. frustating.

Niwa · 8 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:08 am

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

ShareShares wrote:loosig everyday. recovery is slow waiting for a long time. frustating.

Its true for most of ppl. just imagine the fate of ppl who stuck with BFL above 500, Tafl and Gran above 250. you not only got stuck with these shares but also not getting fair amount of dividends. DFCC was trading above 200 beginning of this year, ppl who got stuck with dfcc above 200 are still receiving good dividends yearly exceeding over Rs.10. This the different between fundamentals and over valued junk shares.Stick to the fundamentals, you will never be a loser.

ShareShares · 9 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:18 am

ShareShares

Assistant Vice President - Equity Analytics

Posts : 679
Equity Stars : 5690
Reputation : 152
Join date : 2011-02-02

I have fundamentally strong shares banking sector diversified, blue chips, Carsons, browns and stocks with good quarterly financials. Their recovery is also slow. Next year may be good. Waiting and waiting. credit issue is still going on. next year financials canbe good.

Niwa · 10 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:27 am

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

ShareShares wrote:I have fundamentally strong shares banking sector diversified, blue chips, Carsons, browns and stocks with good quarterly financials. Their recovery is also slow. Next year may be good. Waiting and waiting. credit issue is still going on. next year financials canbe good.

Then you are a good investor. Good companies hardly dies. keep your shares grow receiving good dividends. Read Gajas story, where he is still holding LLUB and COMB since 2009 receiving good dividends,script dividends, right issues,and so on.

sandanuwan

sandanuwan

Senior Equity Analytic

Posts : 52
Equity Stars : 4808
Reputation : 0
Join date : 2011-06-30

kalyana wrote:Every body thinking now market green ,but you can see after two days, around Tuesday
MARKET will be totally become red , one year RED ,two days green. For what use of investing in colomb stock market ,better to think about any other business.

Me too only had lost in first couple of month that I joined the market .
when red try to buy
If start a any other business u may give up it too
don't hurry be patient and get some experience friend Exclamation

WildBear

WildBear

Assistant Vice President - Equity Analytics

Posts : 723
Equity Stars : 5565
Reputation : 65
Join date : 2011-07-02

some people coming to CSE thinking this is a casino, They want to put money and get a 10 times return in few hours. Razz

. even though the general literacy rate is high in Sri Lanka, the financial literacy of the people is at very primitive level. Only few know the meaning of investing.
No wonder how people like Sakwithi Ranasingha,Danduwam mudalalai,Golden key,Pyramid schemes mushrooming every where, No other country has such number of scams not even in India.Sri Lanka is no doubt Wonder of the world in this sense.

amilaela · 13 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 4:31 pm

amilaela

Senior Manager - Equity Analytics

Posts : 430
Equity Stars : 5229
Reputation : 18
Join date : 2011-10-06
Location : colombo

hmmmmmmmmmmmmmmmmm

Rapaport · 14 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 5:32 pm

Rapaport

Assistant Vice President - Equity Analytics

Posts : 681
Equity Stars : 5745
Reputation : 55
Join date : 2011-02-01

One of my examples,

I bought RCL in 2009 for 66/- and it went to 300/- and split. Now my shares cost 33/-! Today the share is trading at 10X and has enormous potential. I am not planning to sell it anytime soon! In the CSE game for 7 years now. I have 50% loss in first 4 years and thereafter made 500% gain on my portfolio next 3 years and i only deal with fundamental shares.

Be patient and stick to fundamentals.

Cheers!

bakapandithaya · 15 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 7:34 pm

bakapandithaya

Vice President - Equity Analytics

Posts : 1447
Equity Stars : 7440
Reputation : 58
Join date : 2011-09-17

I think cse will be a better market very soon

bePositive · 16 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 7:39 pm

bePositive

Senior Manager - Equity Analytics

Posts : 329
Equity Stars : 5064
Reputation : 14
Join date : 2011-08-20

Don't give up hope.Things will be much better from feb. 2012. Hang in there till then.

Tiger · 17 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:18 pm

Tiger

Assistant Vice President - Equity Analytics

Posts : 700
Equity Stars : 5539
Reputation : 85
Join date : 2011-06-03
Location : Dubai

bePositive wrote:Don't give up hope.Things will be much better from feb. 2012. Hang in there till then.

Not giving up is a good quality, but we must treat stock investing as a business. If we start a business and if it continuously making losses would you put more and more money hoping for a turnaround. After sometime we may have to give up that business and move on to something that we can do better. Stock investing requires lot of work and effort, if you cannot put that labour and at the end results are not so good, I would advice to STOP.

Niwa · 18 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:31 pm

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

Rapaport wrote:One of my examples,

I bought RCL in 2009 for 66/- and it went to 300/- and split. Now my shares cost 33/-! Today the share is trading at 10X and has enormous potential. I am not planning to sell it anytime soon! In the CSE game for 7 years now. I have 50% loss in first 4 years and thereafter made 500% gain on my portfolio next 3 years and i only deal with fundamental shares.

Be patient and stick to fundamentals.

Cheers!

I agree with you 100%, fundamentals hardly let you down. You and Gaja have proved it by holding into fundamentals like LLUB,COMB,RCL.

Niwa · 19 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:37 pm

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

Tiger wrote:

bePositive wrote:Don't give up hope.Things will be much better from feb. 2012. Hang in there till then.

Not giving up is a good quality, but we must treat stock investing as a business. If we start a business and if it continuously making losses would you put more and more money hoping for a turnaround. After sometime we may have to give up that business and move on to something that we can do better. Stock investing requires lot of work and effort, if you cannot put that labour and at the end results are not so good, I would advice to STOP.

you were negative of the mkt and you were waiting till mkt hit the bottom to enter it again. What is your present sentiment about the mkt. do you hope further collapse or a recovery now on.

msts

msts

Stock Trader

Posts : 7
Equity Stars : 4628
Reputation : 0
Join date : 2011-10-08
Age : 54
Location : balapitiya

PLEASE TELL ME SOME FUNDAMENTAL SHARES AND GOOD PRICE TO BAY.... Rolling Eyes

Niwa

Niwa

Moderator

Posts : 444
Equity Stars : 5084
Reputation : 15
Join date : 2011-10-15

msts wrote:PLEASE TELL ME SOME FUNDAMENTAL SHARES AND GOOD PRICE TO BAY....

If you read this thread carefully, you will find out three of them. Additionally NTB looks strong fundamentally, with good dividends.Also LGL at current price.

ShareShares · 22 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 4:55 am

ShareShares

Assistant Vice President - Equity Analytics

Posts : 679
Equity Stars : 5690
Reputation : 152
Join date : 2011-02-02

difficult to get profits , still PF red, with December credit clearance , November IPO and global economy etc.etc.

Soundchips · 23 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 8:04 am

Soundchips

Senior Manager - Equity Analytics

Posts : 576
Equity Stars : 5558
Reputation : 138
Join date : 2011-02-05

kalyana wrote:Every body thinking now market green ,but you can see after two days, around Tuesday
MARKET will be totally become red , one year RED ,two days green. For what use of investing in colomb stock market ,better to think about any other business.

investors may be waiting until every thing is cleared and resolved....

Child · 24 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 9:51 am

Child

Equity Analytic

Posts : 33
Equity Stars : 4643
Reputation : 0
Join date : 2011-10-16
Location : Tangalle

Read out above commence. Investor who hav lot of experience most times got gain. So Pls explain ur secrets ? those may very help

Soundchips · 25 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 9:56 am

Soundchips

Senior Manager - Equity Analytics

Posts : 576
Equity Stars : 5558
Reputation : 138
Join date : 2011-02-05

mostly losses . generally when it come to dec credit clearance difficult to expect any gains .

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET

1 NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 9:58 pm

kalyana

2 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 10:04 pm

Gaja

3 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 10:59 pm

Niwa

4 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 11:28 pm

Gaja

5 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sat Oct 22, 2011 11:30 pm

Thushara Ayya

6 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 12:58 am

Niwa

7 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 8:16 am

ShareShares

8 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:08 am

Niwa

9 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:18 am

ShareShares

10 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:27 am

Niwa

11 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 11:20 am

sandanuwan

12 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 11:40 am

WildBear

13 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 4:31 pm

amilaela

14 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 5:32 pm

Rapaport

15 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 7:34 pm

bakapandithaya

16 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 7:39 pm

bePositive

17 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:18 pm

Tiger

18 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:31 pm

Niwa

19 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 9:37 pm

Niwa

20 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 10:00 pm

msts

21 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Sun Oct 23, 2011 10:31 pm

Niwa

22 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 4:55 am

ShareShares

23 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 8:04 am

Soundchips

24 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 9:51 am

Child

25 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET Mon Oct 24, 2011 9:56 am

Soundchips

26 Re: NEVER CAN'T GET PROFIT FROM COLOMBO STOCK MARKET

Sponsored content

New topics