Breaking News.......!!!!!!!!

banarahu · 26 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:02 pm

banarahu

Manager - Equity Analytics

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MY MONEY wrote:NO more RALLY ?????????????????????????????????

I don't think so, another will start from tomorrow... If they want to stop this, first of all they have to close the broker firms... Very Happy

MY MONEY · 27 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:03 pm

MY MONEY

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yeha yeha this is sri lanka neda machan lol!

wsaman · 28 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:23 pm

wsaman

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NP කිව්වේ අර .....අපේ පන්සලේ ප්‍රධාන දායකතුමා වෙන්න ඇති.
Very Happy

MY MONEY · 29 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:49 pm

MY MONEY

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wsaman wrote:NP කිව්වේ අර .....අපේ පන්සලේ ප්‍රධාන දායකතුමා වෙන්න ඇති.

sadu sadu sadu

amibroker · 30 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:50 pm

amibroker

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wsaman wrote:NP කිව්වේ අර .....අපේ පන්සලේ ප්‍රධාන දායකතුමා වෙන්න ඇති.

biggest horu .... read below

n a country where even a poor jay walker can be fined Rs 1,000 what is the justification of fining a well connected billionaire a measly Rs. 500,000 for committing watered-down securities-related offences on a multi-million dollar transaction? It is quite possible that profits made by committing such offences could run into the billions.

The premise that punishment for breaking the law must be large enough to discourage others from breaking the law somehow seem to be absent here.

The recent action by the Securities and Exchange Commission (SEC) to compound offences committed by Directors of Environment Resources Investment; namely Kosala Heengama and his father, former Director General of Customs Lalith Heengama, former Governor of the Central Bank H.B. Dissanayake and former High Commissioner to Bangladesh and South Africa Gamini Sarath Munasinghe and one Scott Newsome has not been received well by the vast majority of law-abiding investors of this country.

It seems very much like a case of selective justice as in the past where high profile white-collar criminals were set free without being prosecuted or worse yet, while being prosecuted.

The case of compounding the case of a certain director of the Nawaloka Group conspiring to manipulate the share price of Nawaloka Hospitals comes to mind.

The good work done by the SEC in catching wrongdoers obviously gets overshadowed when they are released without being held accountable for their action.

In a recent statement issued by the SEC proudly quoting chapter and verse, it has announced to the naive public, in bold lettering no less, that under Section 51A of the SEC Act, offences committed could be compounded for an amount not exceeding one-third of the maximum fine imposable upon a summary trial by a Magistrate.

At present the maximum fine is Rs. 10 million. Thereby, two of the offenders have been fined Rs 3.3 million each and another, Rs. 500,000. Two other have supposedly been warned. None of these warnings have been made public and no disclosures have been made by ERI about the offences. The directors continue to manage the establishment and preach the virtues of good governance on its website.

eeyohan · 31 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:59 pm

eeyohan

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aiyooo market will be boring 4 sure u want earn anything....i earn lot from manipulated shre Still im holding DIST,SPEN,AHUN,TKYO, 4 long time ....

...I

yoyo · 32 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:01 pm

yoyo

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wsaman wrote:NP කිව්වේ අර .....අපේ පන්සලේ ප්‍රධාන දායකතුමා වෙන්න ඇති.

NightStalker · 33 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:09 pm

NightStalker

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banarahu wrote:Why they do it, because of bad managed CSE and strict rules...
Please CSE make this world green, At least they done it, but you couldn't ...

They do it due to pure greed. And FYI rules at the CSE are not strict enough like pointed out by many members of this forum. Whats the point of making CSE Green without the fundamentals to back the upward move? Do you just want the market to crash after you've made a profit?

Roboticfx · 34 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:17 pm

Roboticfx

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Night Stalker,
I understood the risk of this now. I also had a doubt and it's OK now. We saw market went down in previous months after some green days. This action is very convenient. It will stop the crazy movements of shares. Wonder is why SEC didn't do it before? Very Happy

eeyohan · 35 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:21 pm

eeyohan

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Roboticfx wrote:Night Stalker,
I understood the risk of this now. I also had a doubt and it's OK now. We saw market went down in previous months after some green days. This action is very convenient. It will stop the crazy movements of shares. Wonder is why SEC didn't do it before?

ok buy fundamentals and sleep ....

Roboticfx · 36 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:24 pm

Roboticfx

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Eka hodhai anagannawata wada! lol!

mark · 37 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:55 pm

mark

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there is high possibility that the accused adviser from capital trust or LSL Suspect

banarahu · 38 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 12:34 am

banarahu

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eeyohan wrote:

Roboticfx wrote:Night Stalker,
I understood the risk of this now. I also had a doubt and it's OK now. We saw market went down in previous months after some green days. This action is very convenient. It will stop the crazy movements of shares. Wonder is why SEC didn't do it before?

ok buy fundamentals and sleep ....

I'm not in sleeping category... Sleep

I'm always wake up... cheers

Upul S. Gamage · 39 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 6:25 am

Upul S. Gamage

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More opportunities to move up soon .... according to my personal analysis.

Academic · 40 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 11:06 am

Academic

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Upul S. Gamage wrote:More opportunities to move up soon .... according to my personal analysis.

Though we have the freedom here, it is unethical to use the the figure/logo another one is using.

Please show that you are a responsible person by changing your avatar that is being used by me from the inception. Otherwise some members may mis-leaded.

Upul S. Gamage · 41 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 11:43 am

Upul S. Gamage

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@Academic
Senior Manager - Equity Analytics

Is there any unique constrain in logo selection? If I am not mistaken there was not. Again if you need that constrain here, why dont you contact the site admin or change your personal logo as you prefer?

Academic · 42 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 1:39 pm

Academic

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Upul S. Gamage wrote:@Academic
Senior Manager - Equity Analytics

Is there any unique constrain in logo selection? If I am not mistaken there was not. Again if you need that constrain here, why dont you contact the site admin or change your personal logo as you prefer?

Complaining is the final step I take. Normally I like matters to be solved through discussions. My previous post was a gentle request. Honoring it or not is your decision. And that action reflects your innermost core-values.

I remind again, you are free to select what to do. We say people are good as they behave in a responsible way when they are free to behave other-way around.

P.S. It is not me that gave you a negative rep. I have never given negatives to anyone.

Upul S. Gamage · 43 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 1:51 pm

Upul S. Gamage

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@Academic
Senior Manager - Equity Analytics

Is this a picture\ Logo library site? or a forum for discuss about Latest News, Reviews and Analysis of Equity Investments?

Please do not waste our time. Thank you in Advance.

smallville · 44 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 2:03 pm

smallville

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Upul S. Gamage wrote:@Academic
Senior Manager - Equity Analytics

Is this a picture\ Logo library site? or a forum for discuss about Latest News, Reviews and Analysis of Equity Investments?

Please do not waste our time. Thank you in Advance.

Upul,

While you can use anything not offensive as your avatar, its a gerenal norm that you dont use another ones avatar as your one.. Since Antonym has been using this from the begining, I suggest you use another one...

Thanks.

Academic · 45 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 2:04 pm

Academic

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I stepped out and deleted my avatar! You may see my signature below.

DJ solo · 46 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 6:54 pm

DJ solo

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DJ solo wrote:

banarahu wrote:

DJ solo wrote:but the situation currently is if manipulators quit we are doomed!!
only manipulated stocks are showing green in the market...

For example check TESS tomorrow.

That may be true for this market, only we can see something happening with manipulated stocks. But be careful about TESS, tomorrow is 3rd day...

yep agreed the 3rd day. thanks. but looking at the quantity traded today and the pattern the intention is very clear. could expect another 10% up. but if the news has shaken the so called manipulators. then it could be a different scenario. seems sri lanka insurance is after this!!

http://cse.lk/cmt/upload_cse_announcements/3801315998534_.pdf

i think as predicted Tess had a 10% up will not be surprised if it touches 8 rupees also with this run.
so wot do you call this manipulation or not? i'm confused.. Razz

disclosure: i do not hold a single piece of Tess.. Very Happy

banarahu · 47 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 8:02 pm

banarahu

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DJ solo wrote:

DJ solo wrote:

banarahu wrote:

DJ solo wrote:but the situation currently is if manipulators quit we are doomed!!
only manipulated stocks are showing green in the market...

For example check TESS tomorrow.

That may be true for this market, only we can see something happening with manipulated stocks. But be careful about TESS, tomorrow is 3rd day...

yep agreed the 3rd day. thanks. but looking at the quantity traded today and the pattern the intention is very clear. could expect another 10% up. but if the news has shaken the so called manipulators. then it could be a different scenario. seems sri lanka insurance is after this!!

http://cse.lk/cmt/upload_cse_announcements/3801315998534_.pdf

i think as predicted Tess had a 10% up will not be surprised if it touches 8 rupees also with this run.
so wot do you call this manipulation or not? i'm confused..

disclosure: i do not hold a single piece of Tess..

Everyday someone manipulate stocks. Everyday CSE has to catch someone. After they cover all, One day they will catch us as manipulators clown

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Breaking News.......!!!!!!!!

26 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:02 pm

banarahu

27 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:03 pm

MY MONEY

28 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:23 pm

wsaman

29 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:49 pm

MY MONEY

30 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:50 pm

amibroker

31 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 10:59 pm

eeyohan

32 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:01 pm

yoyo

33 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:09 pm

NightStalker

34 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:17 pm

Roboticfx

35 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:21 pm

eeyohan

36 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:24 pm

Roboticfx

37 Re: Breaking News.......!!!!!!!! Wed Sep 14, 2011 11:55 pm

mark

38 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 12:34 am

banarahu

39 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 6:25 am

Upul S. Gamage

40 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 11:06 am

Academic

41 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 11:43 am

Upul S. Gamage

42 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 1:39 pm

Academic

43 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 1:51 pm

Upul S. Gamage

44 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 2:03 pm

smallville

45 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 2:04 pm

Academic

46 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 6:54 pm

DJ solo

47 Re: Breaking News.......!!!!!!!! Thu Sep 15, 2011 8:02 pm

banarahu

48 Re: Breaking News.......!!!!!!!!

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