Diminishing Billionaires of Sri Lanka Stock Market

rohanc · 1 Diminishing Billionaires of Sri Lanka Stock Market Sat May 12, 2012 10:08 am

rohanc

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Hi Friends,
Can we look who are the new Billioniors in Stock Market. I think all Billioniers have reduced to Millioniers.
pls share your thoughts.

Thanks.

rohanc

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Hi Friends,
Can we check who are the biggest lossers in stock market with this situation. Most of we have small share qtys with CSE companies. But what happend to the giants in Share mkt.

Thanks. Sad

Quibit

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I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

Fresher

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GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

unrealized loss. I can't recall any investors booking losses recently.

ccsentha

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GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

his stock are gona be there for 10 or more years. He invests on very very long term. so i don't think he'll be worried.

warrent buffet used to invest planning to hold for decade......

manula

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In one news...web site ..seen the jayaweera also have a big loss and could not pay the loan's also..which took for CSE... I am not sure about those news,, this guy was a big time manipulator ne. some time can be.. but hope they have earn more than that in golden days. Not like Dr. senthivel.. same like PCH chairman also have hard ship...

malanp

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Dont worry about what other people are losing. the cycle always comes back on you

Worry about what you will lose.

UKboy

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manula wrote:In one news...web site ..seen the jayaweera also have a big loss and could not pay the loan's also..which took for CSE... I am not sure about those news,, this guy was a big time manipulator ne. some time can be.. but hope they have earn more than that in golden days. Not like Dr. senthivel.. same like PCH chairman also have hard ship...

Yes Manula, D Jayaweera looks like a soda bottle to me. His success percentage must be lower than the average.. pig

However I still believe Nimal Perera is an exceptional case @ CSE. surely he earned and pull out a lot money from the market compare to what's stuck in his PF as in red.

Undoubtedly NP the best ( known) trader in Sri Lanka

Last edited by UKboy on Sat May 12, 2012 2:06 pm; edited 1 time in total

Redbulls

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GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

May be if we calculate 2009 PF and present PF, unrealized loss could be.
If we calculate his investment time span 30+ years, IMHO he gained billion worth of assets.
He came from a business family, his father was a clerical staff and started a profitable venture in aluminium industry in North part of the country and minted about 45 years back.
His dad invested and established in Dam Street a profitable business at that time.
They invested so much in farming near to Vavuniya. Due to war they moved or lost major part of their assets in North.

UKboy

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During last two year EPF have added a number of counters into its PF.

I guess their unrealised lose is hard to imagine... Rolling Eyes

manula

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UKboy wrote:During last two year EPF have added a number of counters into its PF.

I guess their unrealised lose is hard to imagine...

Yes.. EPF must be the number one counter,,, but dont forget about the Ceylon Insurance coopaeration also...must be in same boat.. Very Happy

Monster

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UKboy wrote:During last two year EPF have added a number of counters into its PF.

I guess their unrealised lose is hard to imagine...

I agree. We may get to know the loss once they release the annual report for 2011. Any idea when they are supposed to release the annual report?

sahan8896

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manula wrote:

UKboy wrote:During last two year EPF have added a number of counters into its PF.

I guess their unrealised lose is hard to imagine...

Yes.. EPF must be the number one counter,,, but dont forget about the Ceylon Insurance coopaeration also...must be in same boat..

These people can control market and share price.So nothing to worry.they'll sell with profit.

dindon1

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ccsentha wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

his stock are gona be there for 10 or more years. He invests on very very long term. so i don't think he'll be worried.

warrent buffet used to invest planning to hold for decade......

how old is he anyway? What a Face

manula

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sahan8896 wrote:

manula wrote:

UKboy wrote:During last two year EPF have added a number of counters into its PF.

I guess their unrealised lose is hard to imagine...

Yes.. EPF must be the number one counter,,, but dont forget about the Ceylon Insurance coopaeration also...must be in same boat..

These people can control market and share price.So nothing to worry.they'll sell with profit.

They are not worried about profitable or not... if their is a good commision for them surely they will sell.

sriranga

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dindon1 wrote:

ccsentha wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

his stock are gona be there for 10 or more years. He invests on very very long term. so i don't think he'll be worried.

warrent buffet used to invest planning to hold for decade......

how old is he anyway?

Please find below.
Diminishing Billionaires of Sri Lanka Stock Market Drts10

More info
http://investing.businessweek.com/research/stocks/people/person.asp?personId=53965763&ticker=TFC:SL&previousCapId=22515007&previousTitle=VIDULLANKA%20PLC

dindon1

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sriranga wrote:

dindon1 wrote:

ccsentha wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

his stock are gona be there for 10 or more years. He invests on very very long term. so i don't think he'll be worried.

warrent buffet used to invest planning to hold for decade......

how old is he anyway?

Please find below.

More info
http://investing.businessweek.com/research/stocks/people/person.asp?personId=53965763&ticker=TFC:SL&previousCapId=22515007&previousTitle=VIDULLANKA%20PLC

65?? OMG! Is he here to live for ever?

gamaya

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Yeah, NO. 1 LOSER AMOUNT WISE AND PERCENTAGEWISE should be EPF.

So who is EPF: thats us neda?

bullrun

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Portfolio losses cannot be treated as losses especially for big fish. What they do is average their cost with the best counters at the right time. As soon as market started to move they get big profit while collecting dividend annually.
This situation is a problem only to small fellows who have invested all their belonging. When they need money they tend to sell since they do not have other savings for consume. That is why Lord Buddha wanted to invest only 1/4 of the income.

manula

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bullrun wrote:Portfolio losses cannot be treated as losses especially for big fish. What they do is average their cost with the best counters at the right time. As soon as market started to move they get big profit while collecting dividend annually.
This situation is a problem only to small fellows who have invested all their belonging. When they need money they tend to sell since they do not have other savings for consume. That is why Lord Buddha wanted to invest only 1/4 of the income.

Yes..Lord Buddha said invest only 1/4 of the income... That also better invest in differnt ways ..not only in one place..some in FD,some in CSE, gold market like etc...so if some fell you have some back up Very Happy

Nuwan05

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Redbulls wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

May be if we calculate 2009 PF and present PF, unrealized loss could be.
If we calculate his investment time span 30+ years, IMHO he gained billion worth of assets.
He came from a business family, his father was a clerical staff and started a profitable venture in aluminium industry in North part of the country and minted about 45 years back.
His dad invested and established in Dam Street a profitable business at that time.
They invested so much in farming near to Vavuniya. Due to war they moved or lost major part of their assets in North.

Like to know more details about Dr Senthiveil career. Do you have any link? or can u share more details please?

econ

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Nuwan05 wrote:

Redbulls wrote:

GMNet wrote:I think Dr Senthiveil must be one of the biggest loser. May be someone could calculate his loss.

May be if we calculate 2009 PF and present PF, unrealized loss could be.
If we calculate his investment time span 30+ years, IMHO he gained billion worth of assets.
He came from a business family, his father was a clerical staff and started a profitable venture in aluminium industry in North part of the country and minted about 45 years back.
His dad invested and established in Dam Street a profitable business at that time.
They invested so much in farming near to Vavuniya. Due to war they moved or lost major part of their assets in North.

Like to know more details about Dr Senthiveil career. Do you have any link? or can u share more details please?

is he a medical doctor or PHD holder..?

RIO

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econ wrote:
is he a medical doctor or PHD holder..?

For sure he is not a Dr. from Kelaniya Karate Academy... Very Happy

Sstar

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Billionaires are in the making!

besthope

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Sstar wrote:Billionaires are in the making!

adey this reminding me of a pukkah joke i am hearing last nite at my club.
somebody asking how to become a millionaire ?
somebody else saying start with a Billion and then join SLEF lol!

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