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Just 2% of investors control 95.7% of the stock market – CSE data shows

+8
Chinwi
Hawk Eye
Hanoifortune
K.Haputantri
VISA
Slstock
NUINTH
sriranga
12 posters

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin

Duruthu Edirimuni Chandrasekera

Just 2% of investors control 95.7% of the stock market – CSE data shows Cse10

Just a fraction of investors in the Colombo stock market are responsible for the bulk of the transactions, data from the Colombo Stock Exchange (CSE) shows. The number of shareholders in the market rose by 32.6 per cent to 206,465 by the end of December 2011 against the previous year.

According to the table seen here, 951 account holders representing 0.5% have more than Rs 100 million in share value range while their total share portfolio value is Rs 13 billion and they control 88.9% in the market. As opposed to this, some 170, 938 accounts or 85.2% of investors hold only 0.7% of the market, which constitutes less than Rs 500, 000 in share value. “We can safely say that that 0.5% corresponding to high net-worth investors control 88.9% of the CSE, while only 85.2% who are essentially retailers or small shareholders control 0.7%,” an analyst told the Business Times.

Some 61,679 account holders had between 100 to 999 shares, while between 1000 to 9,999 shares are owned by 79,611 accounts, the CSE data says. It also says that some 2, 856 account holders control 4.1% of the CSE. Their value range in shares is Rs 10 million to Rs 50 million. Only 567 account holders hold 2.7% of the market and their share values range between Rs 50 million and Rs 100 million. The analyst said that these figures show that some 2.2% investors holding share value range between Rs 10 million and above control 95.7% of the market.

“These ‘few’ people are the ones who are mostly affected by the CSE’s downturn,” he added.
http://www.sundaytimes.lk/120812/business-times/just-2-of-investors-control-95-7-of-the-stock-market-cse-data-shows-8125.html

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

NUINTH


Senior Equity Analytic
Senior Equity Analytic

Thanks Sri for sharing.

For me, their investment is ok if they are doing it ethically.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

So 2.2 % control 95% wealth. Okay.
“These ‘few’ people are the ones who are mostly affected by the CSE’s downturn,”


What about the 97.8% of other people are they not effected.

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

what you mean active account ?
As at 30th dec 2011 market capitalisation is 2,213,873,103,608
So that mean arround 700 billion is inactivie ?
What is importent is not the value of portfolio but the what is the retio of trades done by this categories in this year ?
because some were never trade as the were controling holds ?

K.Haputantri

K.Haputantri
Co-Admin

Thanks Shri for sharing. This shows that broad basing of share ownership is vital for the development of the bourse. CSE should make use of listing rules to achieve this objective.

The Finance Ministry should encourage public quoted companies to further broad base their share ownership. Grant of tax concessions not only for the companies but also for the small time share holders (such as waiver of withholding tax on their dividants) would be excellant. As this is the period of preparation of budget kindly voice your concerns and submit proposals so that it will be usefull for policy makers.

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

*same paper had recently published that there were 577296 accounts holders by march 2012,how come now it is 200525 now?
*when no of holders increase ,the percentage of larger holders reduced accordingly.why don't so called analyst do not understand the basic maths?
*Those small fraction are the major share holders ,running business and financing for expansion. The reset want to make their wealth with help of those small fraction.

Hawk Eye

Hawk Eye
Expert
Expert

I think in any market it would be the same ratio

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

This is not a new discovery.

All know 70-90 % of holding of almost all the listed entities are with some well known individuals, families or with the private companies owned by them. (Except few institutes controlled by law)

Once again this woman Duruthu Nawam Bak is scratching my brain section dedicated for arousing suspicion.

සමහර ආයතන වල අයිතිය මේ අය ලබා ගත්තේ ජිවිත කාලයක් වැය කරලා. අමාරුවෙන් කොම්පැනි පටන් අරගෙන, එහෙම නැත්නම් කිසි බලපොරිත්තුවක් නැති කාලේ රුපියලට දෙකට තිබුන ඒවා අරගෙන නැග්ග වෙලාවට විකුනන්නේ නැතුව ආයතනය එක්ක වැඩෙන්න ඇරලා මේ තරම් වටිනාකම් එනකන් තම බුද්ධිය පාවිච්චි කරලා මැනේජ් කරපු ඒවා.

( මේ කියන්න මේ ඊයේ පෙරේද මැජික් වලින් වදව ගත්ත - වඩව ගත්ත ඒවා ගැන නෙවි)

ඒ වගේම මෑතක් වෙනකන් ගම වල හිටපු අයට වඩා කොළඹ , යාපනේ වගේ local , international බිස්නස් , අද්‍යාපනය දියුණු වූ පළාත් වල අය මේවා කළේ.
ඔය 20 holder list වල නම් වලින් ඒක බලාගන්න පුළුවන්.
මේක තමයි අපේ අතීතය.
දැන් අලුතෙන් අපි ආව කියල, ආයෝජක ප්‍රමාණය වැඩි උන කියල මේ ප්‍රතිශත විශාල වශයෙන් වෙනස් කරන්න අමාරුයි.

ඔය අතරේ සමහර ඒවා ඇති කළු සල්ලි, කොටි සල්ලි රිංගපු ඒවත්. නමුත් බහුතරය ගැන එහෙම සලකන එක වැරදියි.
ඒ මිනිස්සු ඕවගේ ඉන්වෙස්ට් කරලා පුද්ගලික අංශය මෙච්චර දියුණු කර ගත්ත නිසා තමයි මේ රට මෙහෙම වත් දුවන්නේ.
ඒ වගේම අපි වගේ දුප්පත් මිනිස්සුන්ටත් මොලේ පාවිච්චි කරලා , අත් දැකීම අරගෙන මුලින් පාඩු උනත් කල් ගතව හෝ යම් තැනකට එන්න මේක භාවිත කරන්න පුළුවන් වෙලා තියෙන්නේ.
මේ රටේ ඕව තියන් ඉන්නේ නැතුව ඕන තරම් පහසුකම් තියෙනවා ඒ මිනිස්සුන්ට වෙන රට වල ගිහින් ඉන්න.


මොකක්ද මේ දවස් වල මේ එක එක විදියට අමුතු holding analyze එන සෙල්ලමේ අරමුණ ?
ඔය හැප්පෙන දෙගොල්ලම එකම ජාතියේ බඩු වගේ මට පෙන්නේ.
Both show tele dramas to suite their private agendas ?


p.s.

මේ ගොඩක් ඒවා දැනට ඉන්න අයගේ දෙමවුපියෝ මිලට ගත් ඒවා.
ඔබටත් මේ වගේ ඉහල වටිනා කම් ගන්න ආස නම් දිගු අනාගතයකදී විශාල වශයෙන් වැඩීමට ලක් විය හැකි දැනට අඩු මිල ඒවා සොයාගෙන හෙමිහිට සැරින් සැරේ අරන් දාගන්න.
ඔබේ දරුවෙක් ගේ නමක් අනාගත කාලයකදී මේ සල්ලිකාර ලිස්ට් එකට එන්න පුළුවන්. (ප්‍රාර්ථනා කරමි.)
සමහර විට නවම් බක් ගේ දරුවෙක් ඔබේ දරුවා කොටස් වෙළඳපොල පාලනය කරන එක ගැනත් මෙසේම ලියාවි.

Thank You

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Yes, we also need to acknowledge the fact that thanks to these major shareholders who does not panic and sell when market comes down, the CSE is still intact. Most of them do not desert their company for short term gain or trade. They stick with their holding even when their company is in difficulty. They grew their wealth with determination and patience. I am have mentioned this in the forum before under Jins topic



slstock wrote:


I feel as investors ( not always traders) on a company we buy into, we
should not desert it if is still on track and if in trouble due to
market condition ( not company issues). JINS is still trading with a
PE of 6 and lower PBV. It is attractive. As investors, other than
money I think there is some social responsibility. I have got returns
from this share (maybe much less than others) , but it my mind it was my
low yield fixed deposit/saving account all these years. It gave me
something. Unless I am desperate or there is an emergency , I plan to
hold this as long term.

I am not asking anyone to do the
same . There will be people here who will say to hell with loyalty and
low returns as we are here only to make money. Okay.

Anyway ,
we should mix up , our needs, our targets, our long term, short term ,
medium term shares. Treat each each on merit. Good investor will
identify long term,short term. medium term shares. We need to be
investors as well as traders if CSE need to sustain. We should not
make it a casino.




http://forum.srilankaequity.com/t16484-jins-31122011?highlight=jins

K.Haputantri

K.Haputantri
Co-Admin

Chinwi, your points are good, very logical and acceptable by impartial analysts, but it is not the statistics that is suspecious of foul play, it is the use of its interpretations that can deceive the gullibal people.

Yes, we should never blame the genuine HNWIs who dedicated their whole life for the development of their business & success stories. We should be able to isolate the manipulators who fleece the gullible investors with misguided political patronage.

At the same time, my contention that broad-basing of the share ownership with regulatory + budgetary measures is still valid in order to boost the bourse. Such measures would divert savings of the people & increase the supply and demand aspect to satisfactory level.

worthiness


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

HNWIs' heavy foothold is a prerequisite for the continued survival of capital market. They are the best entrepreneurs who have built up their fortunes while contributing to national economy. All are not in the same boat though they are the wealthiest having controlling effect on economy. So, some are not accountable or held responsible for filthy & tricky dealings by few gluttonous & over ambitious group.

However, good governance in any country must keep an eye open of the source of enormous wealth generated & the fair contribution to national budget by paying stipulated taxes.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Hanoifortune wrote:*same paper had recently published that there were 577296 accounts holders by march 2012,how come now it is 200525 now?
*when no of holders increase ,the percentage of larger holders reduced accordingly.why don't so called analyst do not understand the basic maths?
*Those small fraction are the major share holders ,running business and financing for expansion. The reset want to make their wealth with help of those small fraction.

You are correct about the figure 577296, but here in the article was pointed about CDS active people Accounts only.
All of us know we can keep more than one account in CDS through different brokers.

(Same as this forum 7741 members 5800+ not posted a single posts and 99% of the posts of this month posted by only 10 members)

K.Haputantri

K.Haputantri
Co-Admin

worthiness wrote:HNWIs' heavy foothold is a prerequisite for the continued survival of capital market. They are the best entrepreneurs who have built up their fortunes while contributing to national economy. All are not in the same boat though they are the wealthiest having controlling effect on economy. So, some are not accountable or held responsible for filthy & tricky dealings by few gluttonous & over ambitious group.

However, good governance in any country must keep an eye open of the source of enormous wealth generated & the fair contribution to national budget by paying stipulated taxes.

Read the following post. Inland revenue people will be scared to go after them if this is the way efficient people are treated. http://forum.srilankaequity.com/t21320-treasury-chief-disbands-customs-unit#130592

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

As per the data sheet published in this thread,

If we consider People up to 10 million are retailers, ( 10m = kotiya )
value of all the shares of those people is 64 billion.

value of those who are above 10 miilion is 1440 billion.

This means, if the big holders get 5% return for their portfolio, they get enough money every year to suck all the others.

Hence can you dream a more broad-based market in near future ?

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I think 1% of the population owning almost all of the wealth is there even in the animal world. You can see the one animal taking control of the rest, owning the rest of the opposite sex and the territory. We're animals. Either in USA or here or in Socialist whatever thing, everything is owned by some families or a group.
There's nothing wrong with the article reminding us that, otherwise we forget.

Few people are affected by the stock market is also true. Sri Lankans invest in banks or properties not in stock markets. If you ask around people, it would be difficult to find a handful of people who are 'investing in shares'. (Many would have bought some shares at an IPO or something or some scheme. That's nothing) So even if the CSE is up or down or even if it's not there, the country will move one without affecting people. Only the high net worth people, employees at the brokerages and the companies who has forgotten about their core business and made their business by trading stocks will get affected.


arrowms


Manager - Equity Analytics
Manager - Equity Analytics

We must understand where we are among the CSE investors. Because the SEC, CSE decisions always goes with most invested people.

Just 2% of investors control 95.7% of the stock market – CSE data shows (Sunday Times - 11.08.2012)
http://www.sundaytimes.lk/120812/business-times/just-2-of-investors-control-95-7-of-the-stock-market-cse-data-shows-8125.html?bcsi_scan_7E8FF07B0CC345A9=0&bcsi_scan_filename=just-2-of-investors-control-95-7-of-the-stock-market-cse-data-shows-8125.html

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