What are the companies/groups which bought other stocks when they were at the top of the bull run

rijayasooriya wrote:

ccsentha wrote:

mark wrote:

UKboy wrote:EPF
Retailers ( so called traders)

ya.......EPF the biggest looser,bought GRAN at 240,bought LGL over 40,SPEN at over 200 and many more..

btw retailers are better than EPF

EPF will not need to sell their stocks for another 100 years or more, they are onto a very long term plan. so these price drops will not matter when you are onto a very very long term plan.

But it does not justify the absurb ways of buying at peak levels.No one even with a little bit of brain would do such things.I think they have done it to give an oppurtunity to some big friendly players to exit with huge profits.

They have simply bought to put some cash into CSE. When total market Cap increases, there needs to be new investors (local) and foreign funds need to come in to keep the market without falling. But there weren't much money coming in from local new investors and there weren't huge foreign funds coming into CSE. so EPF & SLIC needed to pump in money into CSE to stop the market from having a huge fall. Other wise all of would have only 1/4th of our portfolio by now.

Just deduct the investments made by EPF and SLIC and see.

Government funds were not interested in maximizing their profit like us. If they come up with decent profit it would be fine for them. As they are very very long term investors they would manage to come up with decent profits even though if they buy at high prices.

Keeping the market from having a huge fall would give the government intangible benefit. so that's the reason government funds would have bought for high.

These are my thoughts only.....................

They should have taken measures to stop the market from booming within a very short period. That should have given stability to the market on long term. Once it boomed to very very high levels within a very short period, market was bound to come down. Traders buying on credit made the situation worse.

ccsentha wrote:

rijayasooriya wrote:

ccsentha wrote:

mark wrote:

UKboy wrote:EPF
Retailers ( so called traders)

ya.......EPF the biggest looser,bought GRAN at 240,bought LGL over 40,SPEN at over 200 and many more..

btw retailers are better than EPF

EPF will not need to sell their stocks for another 100 years or more, they are onto a very long term plan. so these price drops will not matter when you are onto a very very long term plan.

But it does not justify the absurb ways of buying at peak levels.No one even with a little bit of brain would do such things.I think they have done it to give an oppurtunity to some big friendly players to exit with huge profits.

They have simply bought to put some cash into CSE. When total market Cap increases, there needs to be new investors (local) and foreign funds need to come in to keep the market without falling. But there weren't much money coming in from local new investors and there weren't huge foreign funds coming into CSE. so EPF & SLIC needed to pump in money into CSE to stop the market from having a huge fall. Other wise all of would have only 1/4th of our portfolio by now.

Just deduct the investments made by EPF and SLIC and see.

Government funds were not interested in maximizing their profit like us. If they come up with decent profit it would be fine for them. As they are very very long term investors they would manage to come up with decent profits even though if they buy at high prices.

Keeping the market from having a huge fall would give the government intangible benefit. so that's the reason government funds would have bought for high.

These are my thoughts only.....................

yes..ccsentha... your thoughts are correct... but only thing to avoid the market falling down is it correct the government invest our people money in crap shares... with out any justification...

ccsentha wrote:

rijayasooriya wrote:

ccsentha wrote:

mark wrote:

UKboy wrote:EPF
Retailers ( so called traders)

ya.......EPF the biggest looser,bought GRAN at 240,bought LGL over 40,SPEN at over 200 and many more..

btw retailers are better than EPF

EPF will not need to sell their stocks for another 100 years or more, they are onto a very long term plan. so these price drops will not matter when you are onto a very very long term plan.

But it does not justify the absurb ways of buying at peak levels.No one even with a little bit of brain would do such things.I think they have done it to give an oppurtunity to some big friendly players to exit with huge profits.

They have simply bought to put some cash into CSE. When total market Cap increases, there needs to be new investors (local) and foreign funds need to come in to keep the market without falling. But there weren't much money coming in from local new investors and there weren't huge foreign funds coming into CSE. so EPF & SLIC needed to pump in money into CSE to stop the market from having a huge fall. Other wise all of would have only 1/4th of our portfolio by now.

Just deduct the investments made by EPF and SLIC and see.

Government funds were not interested in maximizing their profit like us. If they come up with decent profit it would be fine for them. As they are very very long term investors they would manage to come up with decent profits even though if they buy at high prices.

Keeping the market from having a huge fall would give the government intangible benefit. so that's the reason government funds would have bought for high.

These are my thoughts only.....................

I do not think it still justifies their action of buying at absurb peak levels.When the market is over-valued it needs a correction.It can not go on like that.Putting money in to such a market to prevent or delay the fall is a big joke.Especially when it is public money.This is the collection of money from government workers(deduction from their salaries).So if they invest it, it has to be in favour of those government workers....not to keep 'ADA OR MUKKU' to already over-valued market.Did it prevent the fall ? Of course not.Has it prevent the amount fallen ? I do not think so.

The only justification they can give is, It is for long term investment.But again it is absurb isn't it ? If they invest now as a long term investment in under-valued counters then it is agreeable.But doing long term investments in over-valued market, especially in absurbly over-valued counters is another big joke.

ccsentha wrote:
They have simply bought to put some cash into CSE. When total market Cap increases, there needs to be new investors (local) and foreign funds need to come in to keep the market without falling. But there weren't much money coming in from local new investors and there weren't huge foreign funds coming into CSE. so EPF & SLIC needed to pump in money into CSE to stop the market from having a huge fall. Other wise all of would have only 1/4th of our portfolio by now.

Just deduct the investments made by EPF and SLIC and see.

Government funds were not interested in maximizing their profit like us. If they come up with decent profit it would be fine for them. As they are very very long term investors they would manage to come up with decent profits even though if they buy at high prices.

Keeping the market from having a huge fall would give the government intangible benefit. so that's the reason government funds would have bought for high.

These are my thoughts only.....................

I thought EPF was a fund working for the best interests of the investors. That's how funds usually works unless it's a pyramid scheme. So are you saying EPF has other objectives and people to serve? This money is not for government to use when they want for whatever they need it for. This is a "pension fund".

aj wrote:

ccsentha wrote:
They have simply bought to put some cash into CSE. When total market Cap increases, there needs to be new investors (local) and foreign funds need to come in to keep the market without falling. But there weren't much money coming in from local new investors and there weren't huge foreign funds coming into CSE. so EPF & SLIC needed to pump in money into CSE to stop the market from having a huge fall. Other wise all of would have only 1/4th of our portfolio by now.

Just deduct the investments made by EPF and SLIC and see.

Government funds were not interested in maximizing their profit like us. If they come up with decent profit it would be fine for them. As they are very very long term investors they would manage to come up with decent profits even though if they buy at high prices.

Keeping the market from having a huge fall would give the government intangible benefit. so that's the reason government funds would have bought for high.

These are my thoughts only.....................

I thought EPF was a fund working for the best interests of the investors. That's how funds usually works unless it's a pyramid scheme. So are you saying EPF has other objectives and people to serve? This money is not for government to use when they want for whatever they need it for. This is a "pension fund".

That is what i have said, EPF had bought high , how can that be a negative for an investor? It's a tiny help for investors

But i do agree that EPF money is not there to do such things. IT's there to be used in favor of the public. As it's public's money.

if you know some inside people of EPF,just check the EPF mangers qualifications..
many are political buggers

mark wrote:if you know some inside people of EPF,just check the EPF mangers qualifications..
many are political buggers

mm.........

If EPF invest further 500Bn into that market then the market could be stopped from falling

mark wrote:if you know some inside people of EPF,just check the EPF mangers qualifications..
many are political buggers

Unlike other funds EPF gets a contanst flow of money in and that grows each year. So they don't have a problem with how to manage that. Because it's a pyramid scheme. They can pay up the exiting few by the new money flowing in.

aj wrote:

mark wrote:if you know some inside people of EPF,just check the EPF mangers qualifications..
many are political buggers

Unlike other funds EPF gets a contanst flow of money in and that grows each year. So they don't have a problem with how to manage that. Because it's a pyramid scheme. They can pay up the exiting few by the new money flowing in.

agree.............

ccsentha wrote:If EPF invest further 500Bn into that market then the market could be stopped from falling

Agree. I wish it will happen soon. At least 100b.

Carolis wrote:

ccsentha wrote:If EPF invest further 500Bn into that market then the market could be stopped from falling

Agree. I wish it will happen soon. At least 100b.

yes, but there will be no money left for retiring workers