is there anyone who loves to invest in the colombo stock market..????

[Dath]

Can u explain whats the SM process in simple terms pls?????????

 

[life]

What's the minimum amount u can invest?

 

[shanX]

It takes all da time load intro of ur site..

 

[crazyfool]

I simply did not agree with him., BUT HELL., it's not my issue. It's sad to see Sri Lankans depend everything on the government., yet only to see (in my eyes) that this government is not strong enough to deliver it.

Buddy ever wonder why we're a Socialist Democratic Republic? People here have a socialist mentality. Back in the 50's when, I'm sad to say, Sinhalese nationalism was at it's peak, the government ran "indiappa, appa saha pitu sanstha" where basically they took control of everything, including mediocre things like string hoppers, hoppers and pitu (Sri Lankan dish made out of coconut/crushed rice and some other stuff).

Basically what I'm trying to say is that the generations before us (can't speak for this generation) were used to the government doing everything for them. The problem with that is, those few entrepreneurs out there had very little choice. Things got better when JR Jayawardena brought forward the free market economy but then again only few who were ready to adapt to such an environment succeeded in making the big bucks (basically if they already had the big bucks).

Moderate socialism or any other moderate political system is ok, I suppose, but when we have corrupt officials in power nothing, however moderate, will help make things better.

People even today, if they try to make their lives better, they can by doing things themselves and with the law behind them can achieve a lot more. However, only a minority of the people in Sri Lanka even know about the laws that are in place to protect them from abuse, the rest just hang around (these are the people who say "nikang innewa") and expect the government to take care of them.

It's sad, but it's true.

 

[Dath]

Buddy ever wonder why we're a Socialist Democratic Republic? People here have a socialist mentality. Back in the 50's when, I'm sad to say, Sinhalese nationalism was at it's peak, the government ran "indiappa, appa saha pitu sanstha" where basically they took control of everything, including mediocre things like string hoppers, hoppers and pitu (Sri Lankan dish made out of coconut/crushed rice and some other stuff).

Basically what I'm trying to say is that the generations before us (can't speak for this generation) were used to the government doing everything for them. The problem with that is, those few entrepreneurs out there had very little choice. Things got better when JR Jayawardena brought forward the free market economy but then again only few who were ready to adapt to such an environment succeeded in making the big bucks (basically if they already had the big bucks).

Moderate socialism or any other moderate political system is ok, I suppose, but when we have corrupt officials in power nothing, however moderate, will help make things better.

People even today, if they try to make their lives better, they can by doing things themselves and with the law behind them can achieve a lot more. However, only a minority of the people in Sri Lanka even know about the laws that are in place to protect them from abuse, the rest just hang around (these are the people who say "nikang innewa") and expect the government to take care of them.

It's sad, but it's true.

Cheers m8........

sadly So true

 

[shalinda]

STILL 16

 

[Dath]

STILL 16

Start earning when u r 16 u,ll end up in worlds richest list

 

[crazyfool]

Even if your underage you can still invest under your fathers/mothers name if they are willing.

Go here:
http://www.cse.lk/home/main.jsp

And then click on Investor Guide>Online Tutorial.

I would invest in something like Asiri, their stock is pretty strong, but don't take my word for it, theres a lot to consider like oil prices/war situation/bombs going off also if you have insider info like the pros go for it.

 

[crazyfool]

Some news for those interested in this thread:

Fund Power
24 July 2007 10:54:39

Sri Lankan mutual funds say better fortunes should help revamp image


July 24, 2007, 2007 (LBO) – Sri Lanka's mutual funds, known locally as unit trusts, which have long struggled to attract investors, are enjoying higher returns with a rise in interest rates and a downturn in the stock market.

The change in fortunes of the funds have made it an opportune time for fund managers to launch a campaign to draw more investors when stock market trading has dried up and returns from equities trading become low.

"Unit prices are up, reflecting higher returns," said S. Jeyavarman, chief executive of National Asset Management Ltd (NAMAL).

"Our dividends are increasing – we're paying quarterly dividends and they are rising every quarter."

The island's unit trusts or mutual funds are tiny with a total size of only around 5.4 billion rupees and funds invested in equities make up less than five percent stock market capitalization at current valuations.

Unit trusts were first introduced to Sri Lankans as an investment option as far back as 1991 and today 13 investment schemes have emerged which give access to professional fund management skills to small investors.

Although the funds have been doing well in recent years, after 16 years there are only about 25,000 unit holders in a country of 20 million people. And the number of unit holders has actually declined since the inception.

This is because of the poor image the funds earned when they failed to give attractive returns in the initial years, according to Chitra Sathkumara, chief executive of The Unit Trust Management Co., which manages the Ceybank Unit Trusts funds.

"In the first five years, because we could not give adequate returns, it created negative sentiment among investors."

Now, however, returns have recovered.

"In the last 5-6 years we have been giving investors an adequate return but people are still not aware of it."

Sathkumara noted that with the funds charging a management fee of only 1.5 percent, fund managers do not have enough money to do a major marketing campaign.

This is about to change and the Unit Trust Association of Sri Lanka said recently that the funds plan to launch a campaign to generate more awareness among investors with the help of the capital markets regulators.

They are targeting smaller investors who are not very familiar with the unit trust concept or the capital markets and who can invest as little as 1,000 rupees a month through the mutual funds.

Over past five years, equity-based funds have shown an annual average compound return of about 20 percent, exceeding the 12-month Treasury Bill rate by about 10 percent, the association said.

They offered a real return above the annual inflation of about 10 percent.

Returns from the income funds - investments in money market and gilt-edged securities – were lower at an average return of about 8.5 percent.

However, inflation hit 20 percent in January and interest rates have increased. The government has adopted a very tight money policy in an effort to keep the lid on inflation which has now begun to fall.

NAMAL's Jeyavarman said that today their income fund was generating very high returns because of high interest rates on government debt instruments and also corporate debt, particularly asset-backed securities.

"Today, both are generating higher returns than last year," he said.

Debt instruments are giving a return today of 18 – 20 percent.

NAMAL's income fund investment mix is skewed towards corporate debt – with 70 percent in corporate debt and 30 percent in government securities and repos and short-term bank deposits.

Jeyavarman said unit holders could expect good news this month as most income funds declare dividends in July.

NAMAL, as a precautionary measure to control risk, had shifted money from equities to fixed income intsurments.

"Last year itself we reduced our exposure to equities," Jeyavarman said. "The idea is not to get totally out of equities. We remain in the equity market – in good companies which can perform in this environment."

In NAMAL's overall portfolio, 60 percent of funds are invested in fixed income instruments and 40 percent in equities.

Sathkumara, of The Unit Trust Management Co., said stock market volatility in recent years had actually helped his funds to make trading profits.

"The stock market volatility has helped. We realize 500 million rupees in trading profit in the last two years by buying and selling stocks."

Sathkumara said they were now moving funds from the short-term debt market to the long term one as they believe short-term rates had peaked.

"We had been in the short-term market earlier – three months. We think rates have peaked so we're shifting to long term investments – one-year – to lock in rates and get a better return."

Fund managers and analysts said that although the stock market is now in the doldrums, they believe the market is still undervalued and has a lot of upside potential.

 

[ifadh132]

What's the minimum amount u can invest?

theres no minimum amount buddy you can invest ant amount you want...its all your wish

 

[ifadh132]

Start earning when u r 16 u,ll end up in worlds richest list

yeh that so tru...and the worlds famous investor mr.warren buffet started invseting in shares when he was 11 years old...and he regreted that he started to late....

 

[ifadh132]

CSE News
A Four Part Workshop For Beginners on 'Investing in the Stock Market'

08th August 2007 : Foundation to Investing

15th August 2007 : Benefits of Investing

22nd August 2007 : Making the Right Investment Decision

29th August 2007 : How to Start Trading

At the CSE Auditorium, World Trade Center at 5.45 p.m. Presentations will be conducted by an expert panel drawn from the Industry.

Registration fee: Rs.500/-

Please call on 5522444 for further details and registration.

Limited places available.

this is a seminar done by the colombo stock exchange and it would be great if you people who like to invest in the stock market have go fot it...trust me its really worth it...

 

[shanX]

Even if your underage you can still invest under your fathers/mothers name if they are willing.

Go here:
http://www.cse.lk/home/main.jsp

And then click on Investor Guide>Online Tutorial.

I would invest in something like Asiri, their stock is pretty strong, but don't take my word for it, theres a lot to consider like oil prices/war situation/bombs going off also if you have insider info like the pros go for it.

Intresting link

 

[nAPs2JAAN]

nikan denawanan gannawa

 

[livefaq]

Right out of the gate I have found a great one to automatically handle my portfolio trading, CoolTrade.

CoolTrade is the product of a robust plan and a lot of talent. The software is capable of taking your logic, applying your rules, removing the emotions, and flawlessly executing your trading. If you check with the company web site, you'll find an invaluable tool. The site gives you the ability to look up the value holding a stock verses using CoolTrade. If you plug in your stock symbol you'll get either a pleasant surprise, or a shock.

 

[bushy92]

minor!

 

[madhawa86]

www.guidetocse.com