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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Yesterday at 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Yesterday at 7:09 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by God Father Yesterday at 5:37 pm

» Sri Lanka: Country Information Report
by God Father Yesterday at 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Yesterday at 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Yesterday at 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» EXPO.N - Expo Lanka Holdings De-Listing
by eradula Tue Apr 30, 2024 3:21 pm

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:38 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Wed Apr 24, 2024 10:20 am

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Wed Apr 24, 2024 8:37 am

» Sri Lanka confident of speedy debt resolution as positive economic reforms echoes at IMF/WB meetings
by samaritan Mon Apr 22, 2024 9:28 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Voting Or Non-Voting Shares

5 posters

Go down  Message [Page 1 of 1]

1Voting Or Non-Voting Shares Empty Voting Or Non-Voting Shares Thu Apr 19, 2012 11:34 am

123longway


Senior Equity Analytic
Senior Equity Analytic

Voting shares have more privileges while Non-Voting shares have less privileges.
It is only the Voting shares that are entitled to vote at a meeting of the company and such shareholders could determine the future progress of the company. In the event of a crisis situaion the Voting shareholder plays a vital role.
Voting shares are entitled to a portion of the profits of the company, while the Non-Voting shareholders may receive a lesser portion of the profit as determined by the Board of Directors. Non-Voting shareholder will have no part to play at a meeting of the company.
In the circumstances why is it that CDB (N) is trading at the market for a Rs. , while the CDB (X) is trading at Rs. Is't this a peculier situation? This could be manupulation at its best.This is a clear case of the authorities unwillingness to dig into this matter and expose at the trading floor, how this is happening, why it is happening and who is behind the whole episode. rather than waite with their hands folded and waite until it resolves by its own.
It may be that our SEC is the only place this type of things are happening, mainly because of the unwillingness of the authorities to regularise this situation.

http://t.don.senaka@gmail.com

2Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Thu Apr 19, 2012 11:40 am

123longway


Senior Equity Analytic
Senior Equity Analytic

CDB (N) Voting Share traded to-day @ Rs. 39/90

CDB (X) Non-Voting Share not traded to-day, previous days closing was
Rs. 57/70

http://t.don.senaka@gmail.com

3Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Thu Apr 19, 2012 1:36 pm

Kumar

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

http://forum.srilankaequity.com/t15499-cse-non-voting-share-valuation-research?highlight=voting

4Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Thu Apr 19, 2012 2:34 pm

Expert

Expert
Manager - Equity Analytics
Manager - Equity Analytics

I just do not understand your complain and SEC needing to intervene.

If the voting share is more valuable than the non-voting share, why do you want to go and buy the non-voting share at a higher price than the voting share?

And, if there is something hidden about the company that makes its non-voting share to trade at a higher price than the voting share, why not keep away from such a bad company (I am not referring to any particular company here, especially those named in this thread)? There are only a couple of companies in the CSE that trade in this way. I too do not know the reasons but if I want, I go and buy the voting share at a lesser price than worrying about the price of the non-voting share. Smile

5Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Thu Apr 19, 2012 8:31 pm

mark

mark
Expert
Expert

only DEMAND and SUPPLY...

nothing else

6Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Thu Apr 19, 2012 9:43 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

IT'S BECAUSE THERE ARE PEOPLE IN CSE WHO HAVE NO KNOWLEDGE ABOUT SHARE MARKET.


ANY ONE WITH REASONABLY AVERAGE SHARE MARKET KNOWLEDGE WILL KNOW VOTING SHARES ARE VALUABLE THAN NON-VOTING SHARES.

YES IT'S ABOUT DEMAND AND SUPPLY, BUT NO ONE WITH SHARE MARKET KNOWLEDGE WOULD PAY HIGHER PRICE FOR NON-VOTING THAN VOTING.

7Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Thu Apr 19, 2012 11:07 pm

mark

mark
Expert
Expert

ccsentha wrote:IT'S BECAUSE THERE ARE PEOPLE IN CSE WHO HAVE NO KNOWLEDGE ABOUT SHARE MARKET.


ANY ONE WITH REASONABLY AVERAGE SHARE MARKET KNOWLEDGE WILL KNOW VOTING SHARES ARE VALUABLE THAN NON-VOTING SHARES.

YES IT'S ABOUT DEMAND AND SUPPLY, BUT NO ONE WITH SHARE MARKET KNOWLEDGE WOULD PAY HIGHER PRICE FOR NON-VOTING THAN VOTING.

hehe,good thought,but you must understand the behavior of CSE by having experience..

just understand the mentality of crowd,then you can win easily even with a shit counter..
there were people who paid much more higher price for rights where the normal share traded far below the right's price.. Laughing ,thats the CSE crowd,be with them and steal their wealth legally by trading.. Cool
or loose with them if caught at peaks Cool

8Voting Or Non-Voting Shares Empty Re: Voting Or Non-Voting Shares Fri Apr 20, 2012 10:51 am

Expert

Expert
Manager - Equity Analytics
Manager - Equity Analytics

You are correct mark and ccsentha. But, if you do steal, you will have to pay back some day, in some way, according to the "cause and effect" theory. You will be at the 'effect' end of your 'causes' at some point in time.

Sponsored content



Back to top  Message [Page 1 of 1]

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