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Sri Lanka Equity Forum » Stock Market Talk » Expert Chamber » Who have experience in long term investments?

Who have experience in long term investments?

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1Who have experience in long term investments? Empty Who have experience in long term investments? on Sat Nov 12, 2011 12:51 am

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
Is there any of you who have experience in long term investments?

Guys if so please share your experiences. We have heard many success stories, is there some one who had been affected by long term investment?



Last edited by rijayasooriya on Sat Nov 12, 2011 12:57 am; edited 1 time in total (Reason for editing : title shortened.)

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

One out of several stories,

Bought DFCC for Rs 140 in a right issue. Saw it dip to Rs 50+ early 2008. ( JKH was Rs 60s) Had a near heart attack.

Did not loose nerve. Held on to them. After war DFCC share went Rs 500+. Then bonus 1 share for 1.

Now DFCC back to Rs 118s ( shares doubled though).


I will need to dig into share bought early 2000s with statistics and I am sure I can better this story many many times over.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Think I heard this from respected gentlemen in this forum.





COMB price in 1970s was around 17/- and a gentleman working as a clerk in Colombo bought 100 shares with his 6 months savings.

He had a little kid , a girl, and his wife was not doing a job. He could not continue any investment activities thereafter, due to financial commitments.

After many years, his holding in COMB rose to few 1000s ( I think about 7000 / 9000 ) because of regular 1 : 1 / 1:2 yearly bonus given at that time.

In 1990s he got retired and 2 years later, this retired clerk took his daughter's wedding in Hotel Intercontinental with the cost of 200,000/- and he gave her about 600,000/- to her as the dowry ( a very big amount at that time) ; surprising all the relatives and friends around him.

He did all this BY SELLING HIS COMB shares he bought for 1,700.00 years ago.

sriranga

sriranga
Co-Admin
@slstock wrote:
Think I heard this from respected gentlemen in this forum.





COMB price in 1970s was around 17/- and a gentleman working as a clerk in Colombo bought 100 shares with his 6 months savings.

He had a little kid , a girl, and his wife was not doing a job. He could not continue any investment activities thereafter, due to financial commitments.

After many years, his holding in COMB rose to few 1000s ( I think about 7000 / 9000 ) because of regular 1 : 1 / 1:2 yearly bonus given at that time.

In 1990s he got retired and 2 years later, this retired clerk took his daughter's wedding in Hotel Intercontinental with the cost of 200,000/- and he gave her about 600,000/- to her as the dowry ( a very big amount at that time) ; surprising all the relatives and friends around him.

He did all this BY SELLING HIS COMB shares he bought for 1,700.00 years ago.

Well said slstock.
I also have the same stories with my relatives.

@ccsentha

Please read this link, you can see how the long term investment is growing.
http://forum.srilankaequity.com/t12425-brainteaser-quiz-result-cic-company-detail-updated

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

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Please consider the deflation of rupee value when reading these stories.
ඒ කාලේ සීයකින් කරපු වැඩ දැන් ලක්ෂයකින් කරන්නත් බැහැ නොවැ... Wink

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

They had to open a CDS account and lodge the shares there. after his fathers dead, the certificated had to be changed into his mothers name so CDS account opened to his mothers name.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Niwa wrote:
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

They had to open a CDS account and lodge the shares there. after his fathers dead, the certificated had to be changed into his mothers name so CDS account opened to his mothers name.
Thats all fine, but need to check with company secretory to make sure how many they own now. 1000 in 1980. How many now. Still 1000?

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:
@slstock wrote:
@Niwa wrote:One of my friends father had bought 1000 NEST shares at the IPO,each at Rs.10. His father died some years ago leaving this precious wealth to him and his mother.Recently they sold that 1000 shares for Rs. 850000. I think his father had bought them in early 80s.

They probably would have more shares now. NEST should have had some bonus, split within 30 years?


They got only 1000 shares as written on the certificate. yearly, thy had received bonus cheque. I think there had not been any share split or right issue withing this period.im not sure.

they got nothing except that 1000 thats why i think they got Rs.850000 for 1000 shares. any way ill ask him to check it with his broker.

I hope they have not just lodged the certificate through broker and sold it as it was 1000 shares on it.

To make sure there were no bonuses or split it is best to check with NEST company secretory.
If there was, they will be multi millionaires now

They had to open a CDS account and lodge the shares there. after his fathers dead, the certificated had to be changed into his mothers name so CDS account opened to his mothers name.
Thats all fine, but need to check with company secretory to make sure how many they own now. 1000 in 1980. How many now. Still 1000?

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ CCS

Y one story ?? i would read thousands of stories !!! U knw my Finance Lec from Uni Colombo (Finance Expertise)

When he was @ Studying couple years back ... bought DOCK from IPO @ each 11 .. not much only 100 shares ....

See the value of DOCK now !!!!!! Dnt forget dock pays more than 8+ Dividend last few years !!!!!!!!!

He said still he holds his Certificate & it will be gives dividend than its initial investment .... This makes me here Razz

I also bought REEF @ 2.00 few years ago ... Razz but due to panic sold couple of months back arnd 40+ Razz Aftr getting Warrents Razz

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
So sad I've given up my mid-long term counters and kept cash.. REEF has done wonders for me when this was trading ard 20 before the consolidation. I sold and moved out but I feel like I've kept those..

Another one was BFL from the recent past.. I only had to keep this for 4-6 months to see this grew to a 3 bagger for the price I've bought..

When you buy the right stocks at right time, its a good investment.. And if you dont sell it at a high to buy back again I personally consider it as an opportunity loss..
So when ever u go for longer term investment, u r also provided with short-mid term benefits which u can catch if u be vigilant Wink

The most important thing is to go behind the businesses that u can understand, business models that u can easily figure out, the industries that have potential growth in coming months and years, in addition; if economic policies and factors influencing the industry to be favourable to continue the operation in future - that's an industry that I'd consider as growing and value for my money..

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@rijayasooriya wrote:Please consider the deflation of rupee value when reading these stories.
ඒ කාලේ සීයකින් කරපු වැඩ දැන් ලක්ෂයකින් කරන්නත් බැහැ නොවැ... Wink

I bought NTB @ 18 but I am still not in a mood to retire or give my daughter away in marriage.

Will the history be repeated (The elderly gentleman’s story) in a few years time when it comes to me for both those actions?

I am very sceptical as way the things are running in this country at the moment, unless we see a great change soon. Rolling Eyes

mark

mark
Expert
Expert
wow,great patience you guys had Very Happy
btw im nt a longterm guy and nor short term or mid term,there is no such words to me,i do behave as the system and atmosphere,thats the bestway for me to survive..btw il be quit in near days,bcz i cnt cope with this mkt environmnt and studies at once,specially when mkt dnt make sense to me..

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:
One out of several stories,

Bought DFCC for Rs 140 in a right issue. Saw it dip to Rs 50+ early 2008. ( JKH was Rs 60s) Had a near heart attack.
I will need to dig into share bought early 2000s with statistics and I am sure I can better this story many many times over.

Yeah as slstock said there are many stories.
Whoever bought shares prior to 2009 could easily exit the market with hefty gains (almost all the times).
I can remember once "mono" said that we should thank to whoever jumped into the market around 2010. Which is true.
But repeating those stories in such short time ( less than 2 years) will not gonna be easy.

Once I bought DIMO shares for 120 each and soon after I bought the shares it went down below 100 and stagnated for long time. As same as slstock I nearly had a heart attack. But slowly and steadily DIMO share appreciated to around 1400. Still it was heavily undervalued but thought it was the time to sell. So I disposed those shares with more than 1000% gain.

There are many good counters in the market for very reasonable prices.

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Long term investment is a Short Term investment that failed!

BTW No the market won't go up like after the war! ALL the long term investments people are telling they earned are earned because of the hike after war!

Only way you going to make a good long term gain is if market again falls below ASI 5000 and you buy it then and hold!

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Rajitha wrote:Long term investment is a Short Term investment that failed!

BTW No the market won't go up like after the war! ALL the long term investments people are telling they earned are earned because of the hike after war!

Only way you going to make a good long term gain is if market again falls below ASI 5000 and you buy it then and hold!

Rajitha,

With no offence curios to know when you first stared investing at CSE ( just for my understanding)?

As you state you are a short term trader. So I can assume you have not tried long term investments ( holding a good company for 5 years atleast. )?


What about the people who simply do not have the time or opt not trade always? What about the billionaires who got very rich through stock investments. Are you saying their strategies are failed attempts of short term investment and they could have gained more if they invested short term.

Short term strategy and long term strategy is different. We must have had this discussion so many times.


Okay I agree that at CSE after war recovery was an exception.

So lets forget about after war.


Did you see the
1) COMB example
2) Sri Ranga's CIC example

Also , within the last decade, I do recall I bought JKH for around Rs 60+ in 2001 or so. I have not calculated but how many times would it have grown with splits, rights and capital gains , dividens etc ? I did study and knew JKH was solid so I bought and forgot.
It did not fail me. If I spent too much time to identify peaks and bottoms at that time, I would have not got far in my caeerer. So there is opportunity cost there too.



We need to understand and respect different investment strategies . People should do what best works for them.


Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Btw I believe a good investor should have a mix of

1) long term
2) mid term
3) short term
share in the portfolio.

Nothing wrong in long term , mid term or short term if you know you targets , what you are buying and period of investment.

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
FYI I'm not a trader! But an investor!

These days I hardly have ever looked at CSE at all! In-fact have not done a trade in CSE from over 3 weeks!
As for the questions about my trading past I started investing last year September and 5 years ago was not even in Sri Lanka! But that does not mean I have not done my studies about the past! When I mean short term I don't mean day or 2 but most probably from 1week to about 3 months!

Can you people explain a huge long term gain that does not include the years from 2009 ?? As most people here say they have been on the market for ages so show us great examples? I can bet I can show some companies with few short term ( 1-2 months ) investments that gave way more return!


Also about the examples you said! Those examples sucked hardcore man! Did you check what would have been the fix deposit or treasury bill gain if some one put the money in them during those times? I can remember that those days the Fix deposit and treasury bill gains were over 20% per year! Do the calculations and see what is better!

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Also about your JKH counter ! You had that investment since 2001 right? So up to 2009 before the war ended how much was your capital gain? You said you studied it and it had 8 years to gain? Did you gain more than a fixed deposit or buying a pies of land ?

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Rajitha wrote:FYI I'm not a trader! But an investor!

These days I hardly have ever looked at CSE at all! In-fact have not done a trade in CSE from over 3 weeks!
As for the questions about my trading past I started investing last year September and 5 years ago was not even in Sri Lanka! But that does not mean I have not done my studies about the past! When I mean short term I don't mean day or 2 but most probably from 1week to about 3 months!

Can you people explain a huge long term gain that does not include the years from 2009 ?? As most people here say they have been on the market for ages so show us great examples? I can bet I can show some companies with few short term ( 1-2 months ) investments that gave way more return!


Also about the examples you said! Those examples sucked hardcore man! Did you check what would have been the fix deposit or treasury bill gain if some one put the money in them during those times? I can remember that those days the Fix deposit and treasury bill gains were over 20% per year! Do the calculations and see what is better!

The original posters title says "Who have experience in long term investments?" so we were replying our experiences to it.

If that strategy does not work for one, they can opt for another. No complain there.

But just like short term players, day traders are important to stock markets , long term players are also equally important to maintain stability.

Best that we follow our own strategies which work for us and respect others strategies as well.





Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Rajitha wrote:Also about your JKH counter ! You had that investment since 2001 right? So up to 2009 before the war ended how much was your capital gain? You said you studied it and it had 8 years to gain? Did you gain more than a fixed deposit or buying a pies of land ?


I failed to mention was that I sold PART of it in 2005 0r 2006 for a need with over 3 times profit at least( from memroy). It would have certainly bettered an FD even with 20% per annum compounded. That should itself answer your query I believe.

Btw, when I said long term, I never meant you never sell or hold for ever as it would be silly.

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:
@Rajitha wrote:Also about your JKH counter ! You had that investment since 2001 right? So up to 2009 before the war ended how much was your capital gain? You said you studied it and it had 8 years to gain? Did you gain more than a fixed deposit or buying a pies of land ?


I failed to mention was that I sold PART of it in 2005 0r 2006 for a need with over 3 times profit at least( from memroy). It would have certainly bettered an FD even with 20% per annum compounded. That should itself answer your query I believe.

Btw, when I said long term, I never meant you never sell or hold for ever as it would be silly.

As I Can see from
http://www.bloomberg.com/apps/quote?ticker=JKH:SL
JKH started year 2007 at Rs 100 and went as low about Rs 35 in year 2009! That is including all the splits and bonus issues included! How ever I can't find older data so I will take your word for it! But still I fail to see how you could have sold with 3x gain looking at those charts!

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Rajitha wrote:
Can you people explain a huge long term gain that does not include the years from 2009 ?? As most people here say they have been on the market for ages so show us great examples? I can bet I can show some companies with few short term ( 1-2 months ) investments that gave way more return!

Before 2009.. Touchwood comes to my mind. Twisted Evil It gave good return in short period of time way back in 2006/2007. Yes I agreed overall it was difficult.

Since 2011 its all junks gave good results. Thats the reason why I sold DIMO.
Sold DIMO and bought WAPO.. It was successful though.

http://forum.srilankaequity.com/t7081-anybody-made-profits-today

Whoever bought these junkies low are winners in 2011. Slowly things are changing.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Rajitha wrote:
@slstock wrote:
@Rajitha wrote:Also about your JKH counter ! You had that investment since 2001 right? So up to 2009 before the war ended how much was your capital gain? You said you studied it and it had 8 years to gain? Did you gain more than a fixed deposit or buying a pies of land ?


I failed to mention was that I sold PART of it in 2005 0r 2006 for a need with over 3 times profit at least( from memroy). It would have certainly bettered an FD even with 20% per annum compounded. That should itself answer your query I believe.

Btw, when I said long term, I never meant you never sell or hold for ever as it would be silly.

As I Can see from
http://www.bloomberg.com/apps/quote?ticker=JKH:SL
JKH started year 2007 at Rs 100 and went as low about Rs 35 in year 2009! That is including all the splits and bonus issues included! How ever I can't find older data so I will take your word for it! But still I fail to see how you could have sold with 3x gain looking at those charts!

"How ever I can't find older data so I will take your word for it!"
" But still I fail to see how you could have sold with 3x gain looking at those charts!"

If you are taking my word then second sentence is a paradox.
Just kidding.


Anyway , don;t rely on bloomsberg for prices. They are not accurate for older values as it accounts recent splits etc to show current price.


On CDAX price of JKH at 02-1-07 was Rs 195. Latter 2006 it should also have been 190s .


(BTW JKH never went to Rs 30s in the recent past. Cheapest I saw was in the rs 50s-60s I think in early 2009.)

sriranga

sriranga
Co-Admin
Please find below the JKH Share Price Graph from Jan 2004 to Nov 2011.

Who have experience in long term investments? Jkh10

Source: www.slstock.com



Last edited by sriranga on Sun Nov 13, 2011 5:41 pm; edited 1 time in total (Reason for editing : Edited to add the surce)

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

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@sriranga wrote:Please find below the JKH Share Price Graph from Jan 2004 to Nov 2011.

Who have experience in long term investments? Jkh10

Source: www.slstock.com

Thanks it should clarify further.

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
My brother has purchased ASHO shares at Rs 60 in 2004. But he has bought only 400 shares and he is still holding it. Look at the share price today. It's trading between Rs 3000/- and Rs 3500/-. Excellent return in 7 to 8 years.

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Monster wrote:My brother has purchased ASHO shares at Rs 60 in 2004. But he has bought only 400 shares and he is still holding it. Look at the share price today. It's trading between Rs 3000/- and Rs 3500/-. Excellent return in 7 to 8 years.

here ask ur brother to sell those shares for me Razz I will pay each 120/=

200% Gain for him !!!!!! even money can give before transfer !! Razz

(Juss for Joke mate Razz Dnt get anger Embarassed Embarassed Embarassed Embarassed Embarassed )

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Chabbi wrote:
@Monster wrote:My brother has purchased ASHO shares at Rs 60 in 2004. But he has bought only 400 shares and he is still holding it. Look at the share price today. It's trading between Rs 3000/- and Rs 3500/-. Excellent return in 7 to 8 years.

here ask ur brother to sell those shares for me Razz I will pay each 120/=

200% Gain for him !!!!!! even money can give before transfer !! Razz

(Juss for Joke mate Razz Dnt get anger Embarassed Embarassed Embarassed Embarassed Embarassed )

PM your contact details. I will ask him to contact you as soon as possible. Very Happy

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Rajitha wrote: JKH started year 2007 at Rs 100 and went as low about Rs 35 in year 2009! That is including all the splits and bonus issues included!

Shocked scratch

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Here's something for the children who dont understand the value of long term investments..

I've taken these from Mr. Dilruk's (Richard Peiris Securities) presentations on "Mastering the skills of trading"...
So my utmost gratitude goes to him and the broker company for their hard work..

My intention of publishing some of the pages here are only for members knowledge and not to promote any broker company..

Who have experience in long term investments? Jkh-gr10

Who have experience in long term investments? Jkh-fr10

Who have experience in long term investments? Hnb-fr10

Who have experience in long term investments? Guar-f10

Who have experience in long term investments? Dfcc-g10

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Why we can't move this to Expert chamber?
Valuable argument is going on no?

Academic


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Loosing commonwealth games may negatively affect JKH and this effect may be strong enough to drag the market to red territory. Just my idea. Don't make your investment decision on this.

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smallville wrote:Here's something for the children who dont understand the value of long term investments..

I've taken these from Mr. Dilruk's (Richard Peiris Securities) presentations on "Mastering the skills of trading"...
So my utmost gratitude goes to him and the broker company for their hard work..

My intention of publishing some of the pages here are only for members knowledge and not to promote any broker company..

Who have experience in long term investments? Jkh-gr10

Who have experience in long term investments? Jkh-fr10

Who have experience in long term investments? Hnb-fr10

Who have experience in long term investments? Guar-f10

Who have experience in long term investments? Dfcc-g10

This is very illustrative, especially those brats who think "Long term investments are mistakes of Short term investments". Those who can't think any thing beyond plantations, we can't help Twisted Evil

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Not only above individual experience, If we look at how some institutions gain massively from investment in equity, we'll be able to see the clear story

Few examples-
-RICH invested in AAIC at Rs.20 and recently disposed at 120 within 6-7 years.
-KDDP invested in REEF when it was 1-2 rupees(before consolidation, 1/- share) and we know at which price he sold.
-Lanka-Bangla investment by SAMP- Their initial investment was only 60 million rupees, and we saw it consistently strengthened SAMP balance sheet in past couple of years and will be in future.

But some of us waiting till a so called "Rally" make them millionaires in overnight

Dr.Bubble

Dr.Bubble
Senior Equity Analytic
Senior Equity Analytic
@Kumar wrote:Why we can't move this to Expert chamber?
Valuable argument is going on no?

didn't quibi offered you the moderatorship (@moderators topic implies).. Very Happy

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Values I posted are accounting for splits I mentioned and as it should be! That gives a right picture of price ! IF not some one might say I bought Rich at rs 120 and now its rs 10 I lost billions!

Also as I have said all of you again forgot the 2009 RULE! Show me gains of long term investments before 2009! I will show you an example of investing outside stock exchange!
My father bought a land in kandy in year 1999 for 120000! by year 2009 the estimated and people calling and asking price of land was Rs 2000000!(Now about 1800000) That was a 16x gain in 10 years!
IF you put the cash at a treasury bill in year 1990 and took it around 2000 you would have gained 6x!!

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