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Unscrupulous brokers often hype and promote penny stocks
Unscrupulous brokers often hype and promote penny stocks (Pic
enny-stocks-to-buy.net) By. R M B Senanayake Many years ago my driver used to buy shares which were low priced thinking that they were cheap. Once he had bought Vanik shares and when he asked me if it was a good buy, I told him that the company was bankrupt. He was upset but I reassured him that the share is still moving and as he had bought at Rs 1 he could sell it at about Rs 1.50. It is now common practice for companies to carry out splits in the number of shares in issue by, say issuing two shares for each share in issue presently. The share price in the market should then come down by half. But in the market it may come down but still remain at more than half its previous price. These so-called penny stocks shares are all in respect of small companies with small issued capital. Their market capitalization is low below Rs 1 billion and many are a few hundred millions. Their share price is below Rs 10. One of the most interesting — and alarming — aspects of penny stock dealing is that brokers are not always acting as a third party but instead could set prices and act as the principals in the transaction. Penny stocks most often do not have a single market equilibrium price but a number of different prices at which they can be purchased or sold depending on what is in the mind of the brokers. The market Price does not reflect its fundamental value in terms of its earnings growth or net asset value. So the guys in the broker offices get on the phone and tell everybody in other broker offices and they in turn tell their clients that the price of such penny stock will go from say its current price of Rs 3.50 to Rs 10. The broker who made the decision in the first instance, then pushes up the price to say Rs 4 in just a few minutes and this leads the other investors to start buying, making their announced price target to become a self-fulfilling prophecy. The price may go up to Rs 10 but then everybody starts to sell and the price falls steeply. The big buyers who earlier quoted for buying large quantities have disappeared. Note that bids and offers on the trading board can be amended at any time by the broker or his customer. When the price falls many who expected the price to go up to Rs 10 find that they cannot sell even at the price they bought and run up losses. Unscrupulous brokers often hype and promote penny stocks that have minimal assets. With these “pump and dump” schemes, hard-selling wheeler-dealers hype the stocks, making outrageous claims about changes in the company that are wholly unsubstantiated by the facts. They drive up the share price so that they can cash in on artificial price inflation for a company that is worth nearly nothing! Today the government funds operating in the market seem to be buying such penny stocks at artificial prices. When they are in the market for them the whole market seems to know about it. They seem to be lending themselves to the market manipulations of wheeler dealers. So beware when buying penny stocks
http://www.news360.lk/featured/unscrupulous-brokers-often-hype-and-promote-penny-stocks?utm_source=rss&utm_medium=rss&utm_campaign=unscrupulous-brokers-often-hype-and-promote-penny-stocks
Unscrupulous brokers often hype and promote penny stocks (Pic
enny-stocks-to-buy.net) By. R M B Senanayake Many years ago my driver used to buy shares which were low priced thinking that they were cheap. Once he had bought Vanik shares and when he asked me if it was a good buy, I told him that the company was bankrupt. He was upset but I reassured him that the share is still moving and as he had bought at Rs 1 he could sell it at about Rs 1.50. It is now common practice for companies to carry out splits in the number of shares in issue by, say issuing two shares for each share in issue presently. The share price in the market should then come down by half. But in the market it may come down but still remain at more than half its previous price. These so-called penny stocks shares are all in respect of small companies with small issued capital. Their market capitalization is low below Rs 1 billion and many are a few hundred millions. Their share price is below Rs 10. One of the most interesting — and alarming — aspects of penny stock dealing is that brokers are not always acting as a third party but instead could set prices and act as the principals in the transaction. Penny stocks most often do not have a single market equilibrium price but a number of different prices at which they can be purchased or sold depending on what is in the mind of the brokers. The market Price does not reflect its fundamental value in terms of its earnings growth or net asset value. So the guys in the broker offices get on the phone and tell everybody in other broker offices and they in turn tell their clients that the price of such penny stock will go from say its current price of Rs 3.50 to Rs 10. The broker who made the decision in the first instance, then pushes up the price to say Rs 4 in just a few minutes and this leads the other investors to start buying, making their announced price target to become a self-fulfilling prophecy. The price may go up to Rs 10 but then everybody starts to sell and the price falls steeply. The big buyers who earlier quoted for buying large quantities have disappeared. Note that bids and offers on the trading board can be amended at any time by the broker or his customer. When the price falls many who expected the price to go up to Rs 10 find that they cannot sell even at the price they bought and run up losses. Unscrupulous brokers often hype and promote penny stocks that have minimal assets. With these “pump and dump” schemes, hard-selling wheeler-dealers hype the stocks, making outrageous claims about changes in the company that are wholly unsubstantiated by the facts. They drive up the share price so that they can cash in on artificial price inflation for a company that is worth nearly nothing! Today the government funds operating in the market seem to be buying such penny stocks at artificial prices. When they are in the market for them the whole market seems to know about it. They seem to be lending themselves to the market manipulations of wheeler dealers. So beware when buying penny stockshttp://www.news360.lk/featured/unscrupulous-brokers-often-hype-and-promote-penny-stocks?utm_source=rss&utm_medium=rss&utm_campaign=unscrupulous-brokers-often-hype-and-promote-penny-stocks
නිකුතුවට පෙර, පීපල්ස් ලීසිං ප්රධානී කරුණු දක්වයි
මේ වසරේත් ව්යාපාරික කටයුතු සියයට 50 කින් පමණ ඉහළ යයිලු
ඩොලර් මිලියන 70 ක මහජන කොටස් නිකුතුවක් සිදුකිරීමට සූදානම් වන මෙරට විශාලතම කල්බදු සමාගම වන පීපල්ස් ලීසිං පවසන්නේ යුද්ධය අවසන් කිරීමෙන් පසුව සිය කල්බදු ව්යාපාරික කටයුතු විශාල වශයෙන් වැඩිවූ බවයි.
සමාගමේ කල්බදු ව්යාපාරික කටයුතු ගිය වසරේදී දෙගුණයකින් පමණ වැඩිවූ බවත් එය මේ වසරේද සියයට 50 කින් පමණ වැඩිවනු ඇතැයි අපේක්ෂා කරන බවත් අප සමග අදහස් දක්වමින් සමාගමේ ප්රධාන විධායක ඩී.පී. කුමාරගේ මහතා සඳහන් කළේය.
මහජන බැංකුවට අනුබද්ධ සමාගමක් වන පීපල්ස් ලීසිං සමාගම විසින් 2011 මාර්තු මාසයෙන් අවසන් වන මුදල් වසරේදී රුපියල් බිලියන 41.8 ක මුදල් මහජනතාවට ලබාදී තිබෙන අතර ලබාදීමට ඉලක්ක කර තිබුණේ රුපියල් බිලියන 26.4 ක මුදලකි.
“කල්බදු කර්මාන්තය විශාල වශයෙන් වර්ධනය වෙනවා. උතුරු-නැගෙනහිර තවමත් විවෘත නොවූ වෙළඳපොළවල් ලෙස විශාල ධාරිතාවයක් තිබෙනවා. කෘෂි කාර්මික පන්නයේ වාහන වලට එම ප්රදේශ වලින් ලොකු ඉල්ලුමක් තිබෙනවා. “
යනුවෙන් මේ පිළිබඳව අදහස් දක්වමින් කුමාරගේ මහතා අප සමග පැවසීය.
මීට අමතරව, ධීවර ක්ෂේත්රයෙන් කල්බදු පහසුකම් ලබාගැනීම සඳහා ඇති ඉල්ලුම වැඩිවී තිබෙන බව හෙතෙම පෙන්වා දුන්නේය.
සමාගම මෙරට දෙවන විශාලතම කොටස් නිකුතුව වන ඩොලර් මිලියන 70 ක කොටස් නිකුතුවක් කිරීමට සූදානම් වන අතර මෙම නිකුතුවෙන් කොටසක් විදේශීය වෙළඳපොළ සඳහාද නිකුත් කිරීමට සැලසුම් කර ඇත.
මෙම නිකුතුව NDB ආයෝජන බැංකුව හා කැපිටල් එලායන්ස් සමාගම විසින් ඒකාබද්ධව කළමනාකරණය කරනු ලබයි.
පීපල්ස් ලීසිං සමාගමට අයත් අනුබද්ධ සමාගම් හයක් තිබෙන අතර පීපල්ස් ලීසිං ෆිනෑන්ස්, පීපල්ස් මයික්රොෆිනෑන්ස් ලිමිටඩ්, පීපල්ස් ඉන්ෂුවරන්ස් ලිමිටඩ්, පීපල්ස් ලීසිං ෆීල්ට් මැනේජ්මන්ට් ලිමිටඩ්, පීපල්ස් ලීසිං ප්රොපර්ටි ඩෙවලොප්මන්ට් ලිමිටඩ් සහ පීපල්ස් ලිසිං හැව්ලොක් ප්රොපර්ටීස් ලිමිටඩ් මෙම සමාගම්ය.
මේ වනවිට, කල්බදු ක්ෂේත්රයේ වැඩිම ඉල්ලුමක් ඇතිවී තිබෙන්නේ ද්විත්ව කාර්ය වාහන හා වාණිජ වාහන වලට වන අතර රජය වාහනවල බදු විශාල ලෙස අඩුකළ අවස්ථාවේ වාහන සඳහා ඉල්ලුම විශාල ලෙස වැඩිවී පසුව බදු යම් ප්රමාණයක් වැඩිකිරීම නිසා යළි ඉල්ලුම පහළ ගියත් මේ වනවිට වාහන සඳහා ඉල්ලුම වැඩිවෙමින් තිබේ.
මෙරට ආර්ථීකය වර්ධනය වෙමින් තිබීමත් ඉදිකිරීම් කර්මාන්තයේ තිබෙන ප්රගතියත් හමුවේ ඉදිරියටත් වාහන සඳහා තිබෙන ඉල්ලුම එලෙසම තිබෙනු ඇතැයි කුමාරගේ මහතා විශ්වාසය පළකරයි.
පීපල්ස් ලීසිං සමාගම 2011 මාර්තු වලින් අවසන් වන මුදල් වසරේදී රුපියල් බිලියන 2.6 ක ලාභයක් වාර්තා කළ අතර එහිදී රුපියල් බිලියන 10.6 ක ආදායමක් වාර්තා කර තිබුණි.
සමාගම සතුව තිබෙන දළ වත්කම් ප්රමාණයේ වටිනාකම රුපියල් බිලියන 63.8 කි.
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මේ වසරේත් ව්යාපාරික කටයුතු සියයට 50 කින් පමණ ඉහළ යයිලු
ඩොලර් මිලියන 70 ක මහජන කොටස් නිකුතුවක් සිදුකිරීමට සූදානම් වන මෙරට විශාලතම කල්බදු සමාගම වන පීපල්ස් ලීසිං පවසන්නේ යුද්ධය අවසන් කිරීමෙන් පසුව සිය කල්බදු ව්යාපාරික කටයුතු විශාල වශයෙන් වැඩිවූ බවයි.
සමාගමේ කල්බදු ව්යාපාරික කටයුතු ගිය වසරේදී දෙගුණයකින් පමණ වැඩිවූ බවත් එය මේ වසරේද සියයට 50 කින් පමණ වැඩිවනු ඇතැයි අපේක්ෂා කරන බවත් අප සමග අදහස් දක්වමින් සමාගමේ ප්රධාන විධායක ඩී.පී. කුමාරගේ මහතා සඳහන් කළේය.
මහජන බැංකුවට අනුබද්ධ සමාගමක් වන පීපල්ස් ලීසිං සමාගම විසින් 2011 මාර්තු මාසයෙන් අවසන් වන මුදල් වසරේදී රුපියල් බිලියන 41.8 ක මුදල් මහජනතාවට ලබාදී තිබෙන අතර ලබාදීමට ඉලක්ක කර තිබුණේ රුපියල් බිලියන 26.4 ක මුදලකි.
“කල්බදු කර්මාන්තය විශාල වශයෙන් වර්ධනය වෙනවා. උතුරු-නැගෙනහිර තවමත් විවෘත නොවූ වෙළඳපොළවල් ලෙස විශාල ධාරිතාවයක් තිබෙනවා. කෘෂි කාර්මික පන්නයේ වාහන වලට එම ප්රදේශ වලින් ලොකු ඉල්ලුමක් තිබෙනවා. “
යනුවෙන් මේ පිළිබඳව අදහස් දක්වමින් කුමාරගේ මහතා අප සමග පැවසීය.
මීට අමතරව, ධීවර ක්ෂේත්රයෙන් කල්බදු පහසුකම් ලබාගැනීම සඳහා ඇති ඉල්ලුම වැඩිවී තිබෙන බව හෙතෙම පෙන්වා දුන්නේය.
සමාගම මෙරට දෙවන විශාලතම කොටස් නිකුතුව වන ඩොලර් මිලියන 70 ක කොටස් නිකුතුවක් කිරීමට සූදානම් වන අතර මෙම නිකුතුවෙන් කොටසක් විදේශීය වෙළඳපොළ සඳහාද නිකුත් කිරීමට සැලසුම් කර ඇත.
මෙම නිකුතුව NDB ආයෝජන බැංකුව හා කැපිටල් එලායන්ස් සමාගම විසින් ඒකාබද්ධව කළමනාකරණය කරනු ලබයි.
පීපල්ස් ලීසිං සමාගමට අයත් අනුබද්ධ සමාගම් හයක් තිබෙන අතර පීපල්ස් ලීසිං ෆිනෑන්ස්, පීපල්ස් මයික්රොෆිනෑන්ස් ලිමිටඩ්, පීපල්ස් ඉන්ෂුවරන්ස් ලිමිටඩ්, පීපල්ස් ලීසිං ෆීල්ට් මැනේජ්මන්ට් ලිමිටඩ්, පීපල්ස් ලීසිං ප්රොපර්ටි ඩෙවලොප්මන්ට් ලිමිටඩ් සහ පීපල්ස් ලිසිං හැව්ලොක් ප්රොපර්ටීස් ලිමිටඩ් මෙම සමාගම්ය.
මේ වනවිට, කල්බදු ක්ෂේත්රයේ වැඩිම ඉල්ලුමක් ඇතිවී තිබෙන්නේ ද්විත්ව කාර්ය වාහන හා වාණිජ වාහන වලට වන අතර රජය වාහනවල බදු විශාල ලෙස අඩුකළ අවස්ථාවේ වාහන සඳහා ඉල්ලුම විශාල ලෙස වැඩිවී පසුව බදු යම් ප්රමාණයක් වැඩිකිරීම නිසා යළි ඉල්ලුම පහළ ගියත් මේ වනවිට වාහන සඳහා ඉල්ලුම වැඩිවෙමින් තිබේ.
මෙරට ආර්ථීකය වර්ධනය වෙමින් තිබීමත් ඉදිකිරීම් කර්මාන්තයේ තිබෙන ප්රගතියත් හමුවේ ඉදිරියටත් වාහන සඳහා තිබෙන ඉල්ලුම එලෙසම තිබෙනු ඇතැයි කුමාරගේ මහතා විශ්වාසය පළකරයි.
පීපල්ස් ලීසිං සමාගම 2011 මාර්තු වලින් අවසන් වන මුදල් වසරේදී රුපියල් බිලියන 2.6 ක ලාභයක් වාර්තා කළ අතර එහිදී රුපියල් බිලියන 10.6 ක ආදායමක් වාර්තා කර තිබුණි.
සමාගම සතුව තිබෙන දළ වත්කම් ප්රමාණයේ වටිනාකම රුපියල් බිලියන 63.8 කි.
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ගෑස් හමුවූ පුවත කොළඹ කොටස් වලට තල්ලුවක් නොදෙයි
Regnis (Lanka) අදත් රුපියල් 68.50 කින් ඉහළට
මන්නාරමට ඔබ්බෙන් වූ මුහුදේ ගෑස් හා ඛනිජ තෙල් නිධියක් හමුවී ඇතැයි පළවූ පුවත කොළඹ කොටස් වෙළඳපොළේ ලයිස්තුගත නාවික සමාගම්වල කොටස් මිල ඉහළ යාමට හැකි පුවතක් වුවත් අද කොළඹ කොටස් වෙළඳපොළ ගනුදෙනු වල එතරම් වර්ධනයක් සිදු නොවුණි.
මේ අනුව, අද ගනුදෙනු අවසානයේදී සමස්ත මිල දර්ශකය එතරම් වෙනසක් නොවී ඒකක 6,783.39 ක් ලෙසින් පැවතුණු අතර මිලංක මිල දර්ශකය සියයට 0.22 කින් පහළ ගොස් ඒකක 6,031.97 ක් ලෙසින් සටහන් වුණි.
දිනයේ පිරිවැටුම රුපියල් බිලියන 2.1 ක් විය.
මන්නාරමට ඔබ්බෙන් වූ මුහුදේ ගෑස් හා ඛනිජ තෙල් කැණීමේදී සහායක නැව් සේවා සැපයීමට අවස්ථාව ලැබෙන Colombo Dockyard සමාගමේ කොටසක් රුපියල් 1.20 කින් පහළ ගොස් රුපියල් 259 ක්වූ අතර මර්කන්ටයිල් ෂිපිං සමාගමේ කොටස් ප්රමාණයක් හිමි Hemas Holdings සමාගමේ කොටසක් රුපියලකින් ඉහළ ගොස් රුපියල් 39 ක් වුණි.
කොටස් තැරැව්කරුවන් පවසන්නේ වෙනත් කොටස් වෙළඳපොළ වලට සාපේක්ෂව මේ වනවිට කොළඹ කොටස් වෙළඳපොළේ කොටස්වල මිල ගණන් වටිනාකමට වඩා ඉහළ ගොස් තිබෙන තත්ත්වයක් තිබෙන බවයි.
අද දිනයේදී John Keells Holdings කොටසක් රුපියල් 1.10 කින් පහළ ගොස් රුපියල් 203.90 ක්වූ අතර පසුගියදා සියයට 10 ක මිල සීමාවක් පැනවූ Asian Alliance රක්ෂණ සමාගමේ කොටසක් රුපියල් 30.30 කින් ඉහළ ගොස් රුපියල් 380.90 ක් විය.
මීට අමතරව, Blue Diamonds Jewellery Worldwide ඡන්ද රහිත කොටසක් ශත දහයකින් පහළ ගොස් රුපියල් 4.70 ක්ද Ascot Holdings කොටසක් රුපියල් 8.10 කින් ඉහළ ගොස් රුපියල් 180.80 ක්ද වුණි.
Colonial Motors කොටසක් රුපියල් 16.90 කින් වැඩිවී රුපියල් 491.80 ක් වෙද්දී කිසිදු හේතුවක් නොමැතිව පසුගිය දින කිහිපය පුරාම මිල ඉහළ ගිය Regnis (Lanka) කොටසක් අද රුපියල් 68.50 කින් ඉහළ ගොස් රුපියල් 488.80 ක්වී තිබේ.
http://www.vimasuma.com/index.php?o...icle&id=3268&catid=50:puwatharthika&Itemid=56
Regnis (Lanka) අදත් රුපියල් 68.50 කින් ඉහළට
මන්නාරමට ඔබ්බෙන් වූ මුහුදේ ගෑස් හා ඛනිජ තෙල් නිධියක් හමුවී ඇතැයි පළවූ පුවත කොළඹ කොටස් වෙළඳපොළේ ලයිස්තුගත නාවික සමාගම්වල කොටස් මිල ඉහළ යාමට හැකි පුවතක් වුවත් අද කොළඹ කොටස් වෙළඳපොළ ගනුදෙනු වල එතරම් වර්ධනයක් සිදු නොවුණි.
මේ අනුව, අද ගනුදෙනු අවසානයේදී සමස්ත මිල දර්ශකය එතරම් වෙනසක් නොවී ඒකක 6,783.39 ක් ලෙසින් පැවතුණු අතර මිලංක මිල දර්ශකය සියයට 0.22 කින් පහළ ගොස් ඒකක 6,031.97 ක් ලෙසින් සටහන් වුණි.
දිනයේ පිරිවැටුම රුපියල් බිලියන 2.1 ක් විය.
මන්නාරමට ඔබ්බෙන් වූ මුහුදේ ගෑස් හා ඛනිජ තෙල් කැණීමේදී සහායක නැව් සේවා සැපයීමට අවස්ථාව ලැබෙන Colombo Dockyard සමාගමේ කොටසක් රුපියල් 1.20 කින් පහළ ගොස් රුපියල් 259 ක්වූ අතර මර්කන්ටයිල් ෂිපිං සමාගමේ කොටස් ප්රමාණයක් හිමි Hemas Holdings සමාගමේ කොටසක් රුපියලකින් ඉහළ ගොස් රුපියල් 39 ක් වුණි.
කොටස් තැරැව්කරුවන් පවසන්නේ වෙනත් කොටස් වෙළඳපොළ වලට සාපේක්ෂව මේ වනවිට කොළඹ කොටස් වෙළඳපොළේ කොටස්වල මිල ගණන් වටිනාකමට වඩා ඉහළ ගොස් තිබෙන තත්ත්වයක් තිබෙන බවයි.
අද දිනයේදී John Keells Holdings කොටසක් රුපියල් 1.10 කින් පහළ ගොස් රුපියල් 203.90 ක්වූ අතර පසුගියදා සියයට 10 ක මිල සීමාවක් පැනවූ Asian Alliance රක්ෂණ සමාගමේ කොටසක් රුපියල් 30.30 කින් ඉහළ ගොස් රුපියල් 380.90 ක් විය.
මීට අමතරව, Blue Diamonds Jewellery Worldwide ඡන්ද රහිත කොටසක් ශත දහයකින් පහළ ගොස් රුපියල් 4.70 ක්ද Ascot Holdings කොටසක් රුපියල් 8.10 කින් ඉහළ ගොස් රුපියල් 180.80 ක්ද වුණි.
Colonial Motors කොටසක් රුපියල් 16.90 කින් වැඩිවී රුපියල් 491.80 ක් වෙද්දී කිසිදු හේතුවක් නොමැතිව පසුගිය දින කිහිපය පුරාම මිල ඉහළ ගිය Regnis (Lanka) කොටසක් අද රුපියල් 68.50 කින් ඉහළ ගොස් රුපියල් 488.80 ක්වී තිබේ.
http://www.vimasuma.com/index.php?o...icle&id=3268&catid=50:puwatharthika&Itemid=56
DIVIDEND ANNOUNCEMENT - MERC
MERCANTILE INVESTMENTS PLC
Company ID: - MERC
Date of Announcement:-03.Oct.2011
Rate of Dividend: - Rs.12.00 per share / Second Interim Dividend
Financial Year: - 2011/2012
XD: - 13.Oct.2011
Payment: - 17.Oct.2011
Share Transfer Book Open
REFERENCE PRICE - CAPITAL ALLIANCE FINANCE LIMITED
The reference price of LKR 15 is an indicative price and it's decided by the company.
MERCANTILE INVESTMENTS PLC
Company ID: - MERC
Date of Announcement:-03.Oct.2011
Rate of Dividend: - Rs.12.00 per share / Second Interim Dividend
Financial Year: - 2011/2012
XD: - 13.Oct.2011
Payment: - 17.Oct.2011
Share Transfer Book Open
REFERENCE PRICE - CAPITAL ALLIANCE FINANCE LIMITED
The reference price of LKR 15 is an indicative price and it's decided by the company.
Colombo Stock Exchange (http://csclk.blogspot.com)
Hodama mokakda kiyala eka paratama kiyanna be. But oyata puluwan Colombo Stock Exchange
Eka balala theeranaya karanna puluwan monawada wedipura Trade wenne kiyala. meke hoda summary ekak thiyanawa .
on time Update wenanisa Load wenna tikak wela yai .
Hodama mokakda kiyala eka paratama kiyanna be. But oyata puluwan Colombo Stock Exchange
Eka balala theeranaya karanna puluwan monawada wedipura Trade wenne kiyala. meke hoda summary ekak thiyanawa .
on time Update wenanisa Load wenna tikak wela yai .
Machan,
Mata post eke transaction receipt labunaa, but mata check karanna welawak thibuney naa.
ada nikan mama check karaa.
eke thiyenawaa,
Brokerage = 0.640%
CDS fees = 0.024%
CSE fees = 0.084%
SEC fees = 0.072%
Gov cess = 0.3000%
then total tax should be = 1.12%
But they have charged more than it in every transaction.
ex - 13,100 LKR + 1.12% should be = 13246.72 LKR.
But they have charged 13,248.57 LKR.
Can anyone explain about this?
Mata post eke transaction receipt labunaa, but mata check karanna welawak thibuney naa.
ada nikan mama check karaa.
eke thiyenawaa,
Brokerage = 0.640%
CDS fees = 0.024%
CSE fees = 0.084%
SEC fees = 0.072%
Gov cess = 0.3000%
then total tax should be = 1.12%
But they have charged more than it in every transaction.
ex - 13,100 LKR + 1.12% should be = 13246.72 LKR.
But they have charged 13,248.57 LKR.
Can anyone explain about this?
ඒ ගොල්ලන් කපන අවම ගාස්තුවක් තියෙනව.එක CDS අනිවාර්යයෙන්ම රු.10 කැපෙනව.ඊට අමතරව Brokerage එකත් රු.5ක් අනිවාර්යයෙන්ම කැපෙනව.
මේ සයිට් එකෙන් චෙක් කරගන්න හරි ගාන කැපිල තියෙනවද කියල
http://www.slstock.com/stock/Login.jsp
Colombo Stocks closed red after few days of marginal gains.
Colombo main stock index ASI was down by 61.85 points to close at 6721.54 while more liquid Milanka index fell 49.02 points to end the day at 5982.95. Days turnover amounted to 1.96 billion rupees. Capital Alliance Finance Ltd the newly listed company by the way of introduction was closed at Rs 39.90 and more than 13.5 million shares changed hands. All most all Asian Market Indices were ended red today except NZSE 50 and Taiwan Weighted.
Hatton National Bank lost 5.90 to close at Rs 196.00 while Commercial Bank was down by 2.20 to close at Rs 112.80. Another index heavy company Sri Lanka Telecom (SLTL) lost 80 cents to close at Rs 48.20.
Alliance Finance company was up by 49.80 to close at Rs 1249.70 while Hayleys Plc closed at Rs 370.00, up five rupees. 155 stocks reported price declines and only 47 stocks reported gains. Net foreign selling of Rs 68,548,856.00 witnessed for the day.
The CSE has approved in-principle an Application for listing the ordinary voting shares of the People's Leasing Company Ltd for a Main Board listing. People's Leasing Company will issue 390,000,040 Ordinary Voting Shares at a price of LKR 18.00 per share. People's Leasing IPO will open on 3rd November 2011 and Prospectus and Application forms will be available from 10th October.
Colombo main stock index ASI was down by 61.85 points to close at 6721.54 while more liquid Milanka index fell 49.02 points to end the day at 5982.95. Days turnover amounted to 1.96 billion rupees. Capital Alliance Finance Ltd the newly listed company by the way of introduction was closed at Rs 39.90 and more than 13.5 million shares changed hands. All most all Asian Market Indices were ended red today except NZSE 50 and Taiwan Weighted.
Hatton National Bank lost 5.90 to close at Rs 196.00 while Commercial Bank was down by 2.20 to close at Rs 112.80. Another index heavy company Sri Lanka Telecom (SLTL) lost 80 cents to close at Rs 48.20.
Alliance Finance company was up by 49.80 to close at Rs 1249.70 while Hayleys Plc closed at Rs 370.00, up five rupees. 155 stocks reported price declines and only 47 stocks reported gains. Net foreign selling of Rs 68,548,856.00 witnessed for the day.
The CSE has approved in-principle an Application for listing the ordinary voting shares of the People's Leasing Company Ltd for a Main Board listing. People's Leasing Company will issue 390,000,040 Ordinary Voting Shares at a price of LKR 18.00 per share. People's Leasing IPO will open on 3rd November 2011 and Prospectus and Application forms will be available from 10th October.
CSE Prominent Among Regional Markets
http://2.bp.blogspot.com/-46d1g_1JM74/Toqp8G911kI/AAAAAAAAAO4/UbemXFk_eAY/s1600/CSE-2011.jpg
The Colombo Stock Exchange (CSE) continues to reinforce its position among the regional
markets, as the All Share Price Index (ASPI) records positive performance, when compared
with regional exchanges.
Globally, most stock exchanges have recorded negative growth as measured by their
respective broad market indices which track the market price movements.
http://2.bp.blogspot.com/-46d1g_1JM74/Toqp8G911kI/AAAAAAAAAO4/UbemXFk_eAY/s1600/CSE-2011.jpg
The Colombo Stock Exchange (CSE) continues to reinforce its position among the regional
markets, as the All Share Price Index (ASPI) records positive performance, when compared
with regional exchanges.
Globally, most stock exchanges have recorded negative growth as measured by their
respective broad market indices which track the market price movements.
පීපල්ස් ලීසිං කොටසක් රුපියල් 18.00 යි
කොටස් මිලියන 390 ක නිකුතුව නොවැම්බර් 03 වනදා විවෘත වේ
මෙරට දෙවන විශාලතම කොටස් නිකුතුව වන පීපල්ස් ලීසිං සමාගමේ කොටස් නිකුතුව නොවැම්බර් 03 වනදා විවෘත වන බවත් මෙහිදී කොටසක් රුපියල් 18.00 කට අලෙවි කරන බවත් සමාගම කියයි.
පීපල්ස් ලීසිං සමාගම කොළඹ කොටස් වෙළඳ පොළට දැනුම් දී තිබෙන්නේ මෙහිදී කොටස් මිලියන 390 ක් නිකුත් කරන බවත් උපයා ගැනීමට යන මුදල රුපියල් බිලියන 07 ක් බවයි.
NDB ආයෝජන බැංකුව හා කැපිටල් එලායන්ස් සමාගම නිකුතුව ඒකාබද්ධව කළමනාකරණය කරයි.
කොටස් මිලියන 390 ක නිකුතුව නොවැම්බර් 03 වනදා විවෘත වේ
මෙරට දෙවන විශාලතම කොටස් නිකුතුව වන පීපල්ස් ලීසිං සමාගමේ කොටස් නිකුතුව නොවැම්බර් 03 වනදා විවෘත වන බවත් මෙහිදී කොටසක් රුපියල් 18.00 කට අලෙවි කරන බවත් සමාගම කියයි.
පීපල්ස් ලීසිං සමාගම කොළඹ කොටස් වෙළඳ පොළට දැනුම් දී තිබෙන්නේ මෙහිදී කොටස් මිලියන 390 ක් නිකුත් කරන බවත් උපයා ගැනීමට යන මුදල රුපියල් බිලියන 07 ක් බවයි.
NDB ආයෝජන බැංකුව හා කැපිටල් එලායන්ස් සමාගම නිකුතුව ඒකාබද්ධව කළමනාකරණය කරයි.
LOLC තවත් හෝටලයක් නතු කරගනී
Sri Lanka LOLC buys full control of resort
බේරුවල පිහිටි Tropical Villas හෝටලයේ සම්පූර්ණ අයිතිය LOLC Leisure සමාගම විසින් අත්පත් කරගනී.
මේ අනුව, මෙම හෝටලයේ ඉතිරි සියයට 40 ක්වූ කොටස් ප්රමාණය මිලදී ගැනීම සඳහා තම සමාගම රුපියල් මිලියන 165 ක් Carbotels සමාගමට ගෙවූ බව LOLC Leisure කොළඹ කොටස් වෙළඳ පොළට දැනුම් දී තිබේ.
LOLC Leisure සමාගම 2010 වසරේදී Tropical Villas Ltd (TVL) සමාගමේ සියයට 60 ක කොටස් මිලදී ගත් අතර මෙම හෝටලය සුඛෝපභෝගී සංචාරක බංගලා 50 කින් සමන්විතය.
LOLC Leisure යනු LOLC සමාගම් සමූහයට අනුබද්ධ සමාගමක් වන අතර බේරුවල පිහිටි Palm Garden, Riverina සහ Eden හෝටල් මිලදී ගනිමින් සංචාරක කර්මාන්තයට පිවිසුණි.
Sri Lanka LOLC buys full control of resort
බේරුවල පිහිටි Tropical Villas හෝටලයේ සම්පූර්ණ අයිතිය LOLC Leisure සමාගම විසින් අත්පත් කරගනී.
මේ අනුව, මෙම හෝටලයේ ඉතිරි සියයට 40 ක්වූ කොටස් ප්රමාණය මිලදී ගැනීම සඳහා තම සමාගම රුපියල් මිලියන 165 ක් Carbotels සමාගමට ගෙවූ බව LOLC Leisure කොළඹ කොටස් වෙළඳ පොළට දැනුම් දී තිබේ.
LOLC Leisure සමාගම 2010 වසරේදී Tropical Villas Ltd (TVL) සමාගමේ සියයට 60 ක කොටස් මිලදී ගත් අතර මෙම හෝටලය සුඛෝපභෝගී සංචාරක බංගලා 50 කින් සමන්විතය.
LOLC Leisure යනු LOLC සමාගම් සමූහයට අනුබද්ධ සමාගමක් වන අතර බේරුවල පිහිටි Palm Garden, Riverina සහ Eden හෝටල් මිලදී ගනිමින් සංචාරක කර්මාන්තයට පිවිසුණි.
Business Today Top 20 Investors 2010-2011 (u must read )
http://www.businesstoday.lk/index.php
(go to link to see 20 investors)
The financial year 2010-2011 has been of steady growth and consolidation where the private sector has cautiously expanded and ventured into new sectors during the second year of post war Sri Lanka. Though many have taken a prudent path of growth, stability and innovation, there are those who have taken ‘that’ extra step to take their businesses and in retrospect Sri Lanka to the next level. The Business Today TOP TWENTY ranking for the year 2010-2011 reflects the dynamism and competitiveness of corporate Sri Lanka. It sets apart the giants who have made their presence felt.
Sri Lanka registered a growth rate of eight percent in 2010, which reflected a fast recovery from the setback suffered in 2009 and move to a high and sustainable growth path. All key sectors of the economy demonstrated a commendable performance in 2010, underpinned by the peaceful domestic environment, improved investor confidence and favourable macroeconomic conditions. Furthermore, prudent financial policies and regulations have ensured that though global turmoil was felt to a certain extent, the shock itself was not transmitted too widely in the economy. While growth has cooled in Asian economies and the US and Europe face debt crisis, Sri Lanka has recorded a 8.2 percent growth during the second half of 2011, thereby demonstrating the resilience of the economy.
In relation to the private sector, the Government has taken several initiatives such as lowering interest rates, strengthening banking and non-banking financial institutions, reforming the tax system and incentives to spur investment. Identifying and removing barriers to investment has also been given high priority. The private sector has been expected to invest particularly in tourism, IT/BPO, skills development, urban development, agriculture and manufacturing sectors. Though investment by the private sector has been seen in many areas especially in the tourism industry, a sense that corporates can do much more prevails.
With further relaxations in foreign exchange controls and the 2011 Budget providing much needed revisions the enabling environment has been created and economic opportunities are more diverse. As reflected in the Business Today TOP TWENTY the leaders of corporate Sri Lanka have grown stronger, while new entrants into the business arena is encouraging. Acquisitions, mergers, building on existing businesses and emergence of new businesses as well as diversification has been a key feature during the past year.
Furthermore the 2010-2011 year saw many companies going public with their initial public offering being over subscribed in most instances during the first day of trading. An influx of investors to the Colombo Stock Exchange was seen at unprecedented levels where rapid returns were sought on the back of rising share prices. This is a clear indication of the confidence in the economy.
The Business Today TOP TWENTY is strictly based on published financial information of companies listed on the Colombo Stock Exchange. Established financial criteria used for the selection are; Sales Turnover, Growth in Sales Turnover, Profit, Growth in Profit, Return on Equity, Growth in Earnings per Share, Market Capitalisation, Value of Shares Transacted and Value Addition.
Ensuring that all business and industry sectors are equitably represented, the weights are assigned to the criteria after due consideration of their significance. Weights are applied uniformly without prejudice and are not disclosed due to proprietary reasons.
The past performance of companies both in Sri Lanka and abroad have shown that Turnover alone is not a clear indicator of performance as those who may have incessant Turnover in most instances may not be making profit nor have clear management of the company. As such Business Today in its ranking of the TOP TWENTY companies of corporate Sri Lanka takes special consideration of Profit. Furthermore, Value Addition has been given prominence as it represents the contribution by the company in terms of benefits to the Government, shareholders and employees. Companies that had a Share Turnover of over one billion rupees, Revenue of over eight billion rupees and a Profit after Tax of over 500 million rupees were identified for the final ranking.
Another aspect that was strictly looked at was whether companies were conforming with financial and accounting best practices as such those that had qualified accounts were disqualified from the selection process.
The Business Today TOP TWENTY essentially represents the echelon of corporate Sri Lanka. Since its inception in 1998 the ranking shows a clear trend; the leaders of the private sector have been able to secure a position – though this may vary from year to year – which represents their stability and steady growth over the years. With the end of the conflict the availability of new opportunities has given the much required encouragement to entrepreneurs and young businesses, the ranking indicates that these will pose a clear challenge to the market leaders. This year we see dormant companies finally awakening, time will tell whether they will be able to compete in the current competitive market.
Comparison of the total points scored between 2009-2010 and 2010-2011 show a clear increase in the points secured by each company. This reflects the magnitude of increase of each segment of the criteria. However, last year the TOP TWENTY were selected by applying the weights to the first ten companies whereas this year the weights have been applied to the first twenty companies, which may have contributed to the increase in the value of the points of individual companies. Nevertheless, Sri Lankan conglomerates are expanding, banks are stable and the telecommunication sector as well as services and retail are on the path of unimpeded growth, and this is clearly reflected in the ranking.
Biggest does not necessarily mean the best nor does it guarantee longevity, however prudent strategies, sustainable innovations and good governance will be key to sustained growth while creating necessary and healthy competition. While monopolistic behaviour has been seen in the past, with the entrance of new players both from abroad and within Sri Lanka, a change in the business landscape can be expected in the near future, whether it will be a reality will depend on the performance of the companies.
Business Today wishes to congratulate the TOP TWENTY companies that have been ranked for the financial year 2010-2011 and state its appreciation and admiration for their resilience and contribution to the Sri Lankan economy.
The Business Today TOP TWENTY companies have been selected on the basis of their financial performance during the financial year ending December 31, 2010 and March 31, 2011 with the assistance of KPMG Ford Rhodes, Thornton & Co.
1 John Keells Holdings
2 Distilleries Company of Sri Lanka
3 Commercial Bank of Ceylon
4 Bukit Darah
5 Hatton National Bank
6 Dialog Axiata
7 Sri Lanka Telecom
8 Lanka Orix Leasing Company
9 DFCC Bank
10 Sampath Bank
11 Aitken Spence
12 Diesel & Motor Engineering
13 Richard Pieris & Company
14 Hayleys
15 Colombo Dockyard
16 NDB Bank
17 Cargills (Ceylon)
18 Hemas Holdings
19 Chevron Lubricants Lanka
20 Seylan Bank
http://www.businesstoday.lk/index.php
(go to link to see 20 investors)
The financial year 2010-2011 has been of steady growth and consolidation where the private sector has cautiously expanded and ventured into new sectors during the second year of post war Sri Lanka. Though many have taken a prudent path of growth, stability and innovation, there are those who have taken ‘that’ extra step to take their businesses and in retrospect Sri Lanka to the next level. The Business Today TOP TWENTY ranking for the year 2010-2011 reflects the dynamism and competitiveness of corporate Sri Lanka. It sets apart the giants who have made their presence felt.
Sri Lanka registered a growth rate of eight percent in 2010, which reflected a fast recovery from the setback suffered in 2009 and move to a high and sustainable growth path. All key sectors of the economy demonstrated a commendable performance in 2010, underpinned by the peaceful domestic environment, improved investor confidence and favourable macroeconomic conditions. Furthermore, prudent financial policies and regulations have ensured that though global turmoil was felt to a certain extent, the shock itself was not transmitted too widely in the economy. While growth has cooled in Asian economies and the US and Europe face debt crisis, Sri Lanka has recorded a 8.2 percent growth during the second half of 2011, thereby demonstrating the resilience of the economy.
In relation to the private sector, the Government has taken several initiatives such as lowering interest rates, strengthening banking and non-banking financial institutions, reforming the tax system and incentives to spur investment. Identifying and removing barriers to investment has also been given high priority. The private sector has been expected to invest particularly in tourism, IT/BPO, skills development, urban development, agriculture and manufacturing sectors. Though investment by the private sector has been seen in many areas especially in the tourism industry, a sense that corporates can do much more prevails.
With further relaxations in foreign exchange controls and the 2011 Budget providing much needed revisions the enabling environment has been created and economic opportunities are more diverse. As reflected in the Business Today TOP TWENTY the leaders of corporate Sri Lanka have grown stronger, while new entrants into the business arena is encouraging. Acquisitions, mergers, building on existing businesses and emergence of new businesses as well as diversification has been a key feature during the past year.
Furthermore the 2010-2011 year saw many companies going public with their initial public offering being over subscribed in most instances during the first day of trading. An influx of investors to the Colombo Stock Exchange was seen at unprecedented levels where rapid returns were sought on the back of rising share prices. This is a clear indication of the confidence in the economy.
The Business Today TOP TWENTY is strictly based on published financial information of companies listed on the Colombo Stock Exchange. Established financial criteria used for the selection are; Sales Turnover, Growth in Sales Turnover, Profit, Growth in Profit, Return on Equity, Growth in Earnings per Share, Market Capitalisation, Value of Shares Transacted and Value Addition.
Ensuring that all business and industry sectors are equitably represented, the weights are assigned to the criteria after due consideration of their significance. Weights are applied uniformly without prejudice and are not disclosed due to proprietary reasons.
The past performance of companies both in Sri Lanka and abroad have shown that Turnover alone is not a clear indicator of performance as those who may have incessant Turnover in most instances may not be making profit nor have clear management of the company. As such Business Today in its ranking of the TOP TWENTY companies of corporate Sri Lanka takes special consideration of Profit. Furthermore, Value Addition has been given prominence as it represents the contribution by the company in terms of benefits to the Government, shareholders and employees. Companies that had a Share Turnover of over one billion rupees, Revenue of over eight billion rupees and a Profit after Tax of over 500 million rupees were identified for the final ranking.
Another aspect that was strictly looked at was whether companies were conforming with financial and accounting best practices as such those that had qualified accounts were disqualified from the selection process.
The Business Today TOP TWENTY essentially represents the echelon of corporate Sri Lanka. Since its inception in 1998 the ranking shows a clear trend; the leaders of the private sector have been able to secure a position – though this may vary from year to year – which represents their stability and steady growth over the years. With the end of the conflict the availability of new opportunities has given the much required encouragement to entrepreneurs and young businesses, the ranking indicates that these will pose a clear challenge to the market leaders. This year we see dormant companies finally awakening, time will tell whether they will be able to compete in the current competitive market.
Comparison of the total points scored between 2009-2010 and 2010-2011 show a clear increase in the points secured by each company. This reflects the magnitude of increase of each segment of the criteria. However, last year the TOP TWENTY were selected by applying the weights to the first ten companies whereas this year the weights have been applied to the first twenty companies, which may have contributed to the increase in the value of the points of individual companies. Nevertheless, Sri Lankan conglomerates are expanding, banks are stable and the telecommunication sector as well as services and retail are on the path of unimpeded growth, and this is clearly reflected in the ranking.
Biggest does not necessarily mean the best nor does it guarantee longevity, however prudent strategies, sustainable innovations and good governance will be key to sustained growth while creating necessary and healthy competition. While monopolistic behaviour has been seen in the past, with the entrance of new players both from abroad and within Sri Lanka, a change in the business landscape can be expected in the near future, whether it will be a reality will depend on the performance of the companies.
Business Today wishes to congratulate the TOP TWENTY companies that have been ranked for the financial year 2010-2011 and state its appreciation and admiration for their resilience and contribution to the Sri Lankan economy.
The Business Today TOP TWENTY companies have been selected on the basis of their financial performance during the financial year ending December 31, 2010 and March 31, 2011 with the assistance of KPMG Ford Rhodes, Thornton & Co.
1 John Keells Holdings
2 Distilleries Company of Sri Lanka
3 Commercial Bank of Ceylon
4 Bukit Darah
5 Hatton National Bank
6 Dialog Axiata
7 Sri Lanka Telecom
8 Lanka Orix Leasing Company
9 DFCC Bank
10 Sampath Bank
11 Aitken Spence
12 Diesel & Motor Engineering
13 Richard Pieris & Company
14 Hayleys
15 Colombo Dockyard
16 NDB Bank
17 Cargills (Ceylon)
18 Hemas Holdings
19 Chevron Lubricants Lanka
20 Seylan Bank
SEC runs campaign to attract investors to the CSE
Sri Lanka’s Securities and Exchange Commission is currently conducting a series of road shows across the Island in a bid to attract investors to the capital market from outer regions. SEC says, so far they have organised road shows covering Galle, Kandy, Kurunagela, Negombo and Ampara which have seen the participation of nearly 5000 potential investors. According to Tushara Jayaratne, the Assistant Director of External Relations and Market Development at SEC, these road shows are taken part by the CSE, Unit Trusts Management firms, Stock Brokers etc. “Over 15 stockbrokers/Unit Trust Management Companies actively participated in Galle, Kandy, Kurunegala and Negombo. In Ampara there were around 10 stockbrokers/Unit Trust Management Companies”, he told News360.lk. According to him, more seminars of this nature will take place in outstation areas with another road show scheduled to be held in Matara on the 29th of October. Plans are also underway to hold a mega scale road show in Colombo on the 22nd of October, which will be held at the Exhibition and Convention Centre with wide scale industry participation. Top listed companies are also expected to run stalls at this event. Apart from SEC, the Colombo Stock Exchange is also organizing separate awareness programs frequently to attract more investors to the local capital market. As of July this year, the number of active investors on the CSE stood at just over 100,000 despite the vast potential existing in the country to attract more investors. Stock Analysts say lack of awareness among the public about investing in stock market is one of the main reasons for this situation.
Sri Lanka’s Securities and Exchange Commission is currently conducting a series of road shows across the Island in a bid to attract investors to the capital market from outer regions. SEC says, so far they have organised road shows covering Galle, Kandy, Kurunagela, Negombo and Ampara which have seen the participation of nearly 5000 potential investors. According to Tushara Jayaratne, the Assistant Director of External Relations and Market Development at SEC, these road shows are taken part by the CSE, Unit Trusts Management firms, Stock Brokers etc. “Over 15 stockbrokers/Unit Trust Management Companies actively participated in Galle, Kandy, Kurunegala and Negombo. In Ampara there were around 10 stockbrokers/Unit Trust Management Companies”, he told News360.lk. According to him, more seminars of this nature will take place in outstation areas with another road show scheduled to be held in Matara on the 29th of October. Plans are also underway to hold a mega scale road show in Colombo on the 22nd of October, which will be held at the Exhibition and Convention Centre with wide scale industry participation. Top listed companies are also expected to run stalls at this event. Apart from SEC, the Colombo Stock Exchange is also organizing separate awareness programs frequently to attract more investors to the local capital market. As of July this year, the number of active investors on the CSE stood at just over 100,000 despite the vast potential existing in the country to attract more investors. Stock Analysts say lack of awareness among the public about investing in stock market is one of the main reasons for this situation.
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