Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Contribute
Submit Post

Latest topics

» Undervalued Stocks
by kasun_gimhana Today at 1:06 am

» OVERSEAS REALTY (CEYLON) PLC (OSEA.N000)
by KavinduTM Yesterday at 11:08 pm

» MANUFACTURING OF PORCEIAIN MOSATC TTLES FOR EXPORT MARKET
by engineer Yesterday at 10:17 pm

» Dhammika Perera Aquire ALUF @23 Now at 50%Discount
by engineer Yesterday at 7:36 pm

» LOLC FINANCE PLC (LOFC.N0000)
by NANDANA2012 Yesterday at 7:10 pm

» Shares to Buy
by hammurabi Yesterday at 2:10 pm

» Recognize TRENDS
by target1 Yesterday at 12:57 pm

» LANKA ORIX LEASING COMPANY PLC
by Beta1 Yesterday at 10:59 am

» EAST WEST PROPERTIES PLC (EAST.N0000)
by Winner123 Yesterday at 10:51 am

» Sri Lanka facilitating first US$400mn investment at Port City: Cabraal
by ipo Yesterday at 9:34 am

» POSITIVE ECONOMIC & POLITICAL STABILITY
by Kipling Yesterday at 9:30 am

» COLO and DOCK Moving to 100
by Jay-Jay Yesterday at 9:00 am

» CITRUS LEISURE PLC (REEF.N0000)
by Hope123 Yesterday at 7:30 am

» Saudi Aramco shares surge 10% first day of trading
by Teller Thu Dec 12, 2019 9:39 pm

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
by NANDANA2012 Thu Dec 12, 2019 7:03 pm

» C M HOLDINGS PLC (COLO.N0000)
by Jay-Jay Thu Dec 12, 2019 4:41 pm

» Investment Advice
by KavinduTM Thu Dec 12, 2019 3:38 pm

» John Keells Holdings drags down Sri Lanka stocks
by KavinduTM Thu Dec 12, 2019 2:42 pm

» EASTERN MERCHANTS PLC (EMER.N0000)
by ThilinaM Thu Dec 12, 2019 2:39 pm

» E-CHANNELLING PLC (ECL.N0000)
by engineer Thu Dec 12, 2019 12:23 pm

» Some FB friends asking what is the best broker and what is the best amount to invest
by ThilinaM Thu Dec 12, 2019 11:13 am

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

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Expert Chamber » Who have experience in long term investments?

Who have experience in long term investments?

Go to page : 1, 2, 3, 4  Next

Go down  Message [Page 1 of 4]

1Who have experience in long term investments? Empty Who have experience in long term investments? on Sat Nov 12, 2011 12:51 am

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
Is there any of you who have experience in long term investments?

Guys if so please share your experiences. We have heard many success stories, is there some one who had been affected by long term investment?



Last edited by rijayasooriya on Sat Nov 12, 2011 12:57 am; edited 1 time in total (Reason for editing : title shortened.)

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

One out of several stories,

Bought DFCC for Rs 140 in a right issue. Saw it dip to Rs 50+ early 2008. ( JKH was Rs 60s) Had a near heart attack.

Did not loose nerve. Held on to them. After war DFCC share went Rs 500+. Then bonus 1 share for 1.

Now DFCC back to Rs 118s ( shares doubled though).


I will need to dig into share bought early 2000s with statistics and I am sure I can better this story many many times over.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Think I heard this from respected gentlemen in this forum.





COMB price in 1970s was around 17/- and a gentleman working as a clerk in Colombo bought 100 shares with his 6 months savings.

He had a little kid , a girl, and his wife was not doing a job. He could not continue any investment activities thereafter, due to financial commitments.

After many years, his holding in COMB rose to few 1000s ( I think about 7000 / 9000 ) because of regular 1 : 1 / 1:2 yearly bonus given at that time.

In 1990s he got retired and 2 years later, this retired clerk took his daughter's wedding in Hotel Intercontinental with the cost of 200,000/- and he gave her about 600,000/- to her as the dowry ( a very big amount at that time) ; surprising all the relatives and friends around him.

He did all this BY SELLING HIS COMB shares he bought for 1,700.00 years ago.

sriranga

sriranga
Co-Admin
@slstock wrote:
Think I heard this from respected gentlemen in this forum.





COMB price in 1970s was around 17/- and a gentleman working as a clerk in Colombo bought 100 shares with his 6 months savings.

He had a little kid , a girl, and his wife was not doing a job. He could not continue any investment activities thereafter, due to financial commitments.

After many years, his holding in COMB rose to few 1000s ( I think about 7000 / 9000 ) because of regular 1 : 1 / 1:2 yearly bonus given at that time.

In 1990s he got retired and 2 years later, this retired clerk took his daughter's wedding in Hotel Intercontinental with the cost of 200,000/- and he gave her about 600,000/- to her as the dowry ( a very big amount at that time) ; surprising all the relatives and friends around him.

He did all this BY SELLING HIS COMB shares he bought for 1,700.00 years ago.

Well said slstock.
I also have the same stories with my relatives.

@ccsentha

Please read this link, you can see how the long term investment is growing.
http://forum.srilankaequity.com/t12425-brainteaser-quiz-result-cic-company-detail-updated

http://sharemarket-srilanka.blogspot.co.uk/

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Please consider the deflation of rupee value when reading these stories.
ඒ කාලේ සීයකින් කරපු වැඩ දැන් ලක්ෂයකින් කරන්නත් බැහැ නොවැ... Wink

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

They had to open a CDS account and lodge the shares there. after his fathers dead, the certificated had to be changed into his mothers name so CDS account opened to his mothers name.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Niwa wrote:
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

They had to open a CDS account and lodge the shares there. after his fathers dead, the certificated had to be changed into his mothers name so CDS account opened to his mothers name.
Thats all fine, but need to check with company secretory to make sure how many they own now. 1000 in 1980. How many now. Still 1000?

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

they got nothing except that 1000 thats why i think they got Rs.850000 for 1000 shares. any way ill ask him to check it with his broker.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

They had to open a CDS account and lodge the shares there. after his fathers dead, the certificated had to be changed into his mothers name so CDS account opened to his mothers name.
Thats all fine, but need to check with company secretory to make sure how many they own now. 1000 in 1980. How many now. Still 1000?

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ CCS

Y one story ?? i would read thousands of stories !!! U knw my Finance Lec from Uni Colombo (Finance Expertise)

When he was @ Studying couple years back ... bought DOCK from IPO @ each 11 .. not much only 100 shares ....

See the value of DOCK now !!!!!! Dnt forget dock pays more than 8+ Dividend last few years !!!!!!!!!

He said still he holds his Certificate & it will be gives dividend than its initial investment .... This makes me here Razz

I also bought REEF @ 2.00 few years ago ... Razz but due to panic sold couple of months back arnd 40+ Razz Aftr getting Warrents Razz

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
So sad I've given up my mid-long term counters and kept cash.. REEF has done wonders for me when this was trading ard 20 before the consolidation. I sold and moved out but I feel like I've kept those..

Another one was BFL from the recent past.. I only had to keep this for 4-6 months to see this grew to a 3 bagger for the price I've bought..

When you buy the right stocks at right time, its a good investment.. And if you dont sell it at a high to buy back again I personally consider it as an opportunity loss..
So when ever u go for longer term investment, u r also provided with short-mid term benefits which u can catch if u be vigilant Wink

The most important thing is to go behind the businesses that u can understand, business models that u can easily figure out, the industries that have potential growth in coming months and years, in addition; if economic policies and factors influencing the industry to be favourable to continue the operation in future - that's an industry that I'd consider as growing and value for my money..

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@rijayasooriya wrote:Please consider the deflation of rupee value when reading these stories.
ඒ කාලේ සීයකින් කරපු වැඩ දැන් ලක්ෂයකින් කරන්නත් බැහැ නොවැ... Wink

I bought NTB @ 18 but I am still not in a mood to retire or give my daughter away in marriage.

Will the history be repeated (The elderly gentleman’s story) in a few years time when it comes to me for both those actions?

I am very sceptical as way the things are running in this country at the moment, unless we see a great change soon. Rolling Eyes

mark

mark
Expert
Expert
wow,great patience you guys had Very Happy
btw im nt a longterm guy and nor short term or mid term,there is no such words to me,i do behave as the system and atmosphere,thats the bestway for me to survive..btw il be quit in near days,bcz i cnt cope with this mkt environmnt and studies at once,specially when mkt dnt make sense to me..

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:
One out of several stories,

Bought DFCC for Rs 140 in a right issue. Saw it dip to Rs 50+ early 2008. ( JKH was Rs 60s) Had a near heart attack.
I will need to dig into share bought early 2000s with statistics and I am sure I can better this story many many times over.

Yeah as slstock said there are many stories.
Whoever bought shares prior to 2009 could easily exit the market with hefty gains (almost all the times).
I can remember once "mono" said that we should thank to whoever jumped into the market around 2010. Which is true.
But repeating those stories in such short time ( less than 2 years) will not gonna be easy.

Once I bought DIMO shares for 120 each and soon after I bought the shares it went down below 100 and stagnated for long time. As same as slstock I nearly had a heart attack. But slowly and steadily DIMO share appreciated to around 1400. Still it was heavily undervalued but thought it was the time to sell. So I disposed those shares with more than 1000% gain.

There are many good counters in the market for very reasonable prices.

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Long term investment is a Short Term investment that failed!

BTW No the market won't go up like after the war! ALL the long term investments people are telling they earned are earned because of the hike after war!

Only way you going to make a good long term gain is if market again falls below ASI 5000 and you buy it then and hold!

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Rajitha wrote:Long term investment is a Short Term investment that failed!

BTW No the market won't go up like after the war! ALL the long term investments people are telling they earned are earned because of the hike after war!

Only way you going to make a good long term gain is if market again falls below ASI 5000 and you buy it then and hold!

Rajitha,

With no offence curios to know when you first stared investing at CSE ( just for my understanding)?

As you state you are a short term trader. So I can assume you have not tried long term investments ( holding a good company for 5 years atleast. )?


What about the people who simply do not have the time or opt not trade always? What about the billionaires who got very rich through stock investments. Are you saying their strategies are failed attempts of short term investment and they could have gained more if they invested short term.

Short term strategy and long term strategy is different. We must have had this discussion so many times.


Okay I agree that at CSE after war recovery was an exception.

So lets forget about after war.


Did you see the
1) COMB example
2) Sri Ranga's CIC example

Also , within the last decade, I do recall I bought JKH for around Rs 60+ in 2001 or so. I have not calculated but how many times would it have grown with splits, rights and capital gains , dividens etc ? I did study and knew JKH was solid so I bought and forgot.
It did not fail me. If I spent too much time to identify peaks and bottoms at that time, I would have not got far in my caeerer. So there is opportunity cost there too.



We need to understand and respect different investment strategies . People should do what best works for them.


Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Btw I believe a good investor should have a mix of

1) long term
2) mid term
3) short term
share in the portfolio.

Nothing wrong in long term , mid term or short term if you know you targets , what you are buying and period of investment.

Sponsored content


Back to top  Message [Page 1 of 4]

Go to page : 1, 2, 3, 4  Next

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