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Sri Lanka Equity Forum » Stock Market Talk » Thilak Karunaratne - 50 day Plan

Thilak Karunaratne - 50 day Plan

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1 Thilak Karunaratne - 50 day Plan on Tue Mar 03, 2015 12:00 am

Quibit

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
First topic message reminder :

Present Chairman of SEC. Mr Thilak Karunaratne is part of the 100 day plan of the current regime to bring back people who suffered during the previous regime (Irrespective of their efficiencies or capabilities). Shirni B gracefully stayed for 1 day in office and resigned. Thilak K might probably need more days to accomplish his task at SEC. But RW and this Govt has given him only 100 days.

There are only 50 days remaining for Mr Thilak K to plan what he is going to do for SEC other than is vindictive action which is pushing the market on a downward spiral amidst political uncertainty.

So don't worry, market will pick up after he complete his revengeful action to punish all those who profited from the market irrespective of whether it is inside trading or outside trading. Market will flourish once he departs the SEC gracefully and pave way for a more suitable person to carryon this challenging task.


26 Re: Thilak Karunaratne - 50 day Plan on Wed Feb 22, 2017 6:42 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri lanka situation is different

Brokers income may increase when they are allow to

charge % on profit They also can charge brokerage from buyers

Do you know the meaning of word Stupid ?

I have given a proposal Any one can give his openion in gentlemen way

27 Re: Thilak Karunaratne - 50 day Plan on Thu Feb 23, 2017 8:04 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Definition of stupid - "having or showing a great lack of intelligence or common sense"

for me your proposal has great lack of common sense. That's why i said your idea was stupid.

28 Re: Thilak Karunaratne - 50 day Plan on Thu Feb 23, 2017 4:44 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
If so i have to repeat same for you.

Any market under competition week people have to go

No sympathy under economic competition and ECONOMIC  MAN is empathetic man

I presume you can understand the concept of economic man ( If you learn basic Economics)

29 Re: Thilak Karunaratne - 50 day Plan on Fri Feb 24, 2017 1:52 am

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
2 years gone ! no one bought book ! same shit new label ! investers has lost confidence in cse ! future is very bleak crooks at large

30 Re: Thilak Karunaratne - 50 day Plan on Fri Feb 24, 2017 8:23 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I again say present problem of CSE directly connected with Stock market management including Thilak K

If the govt take proper action market will go up

Present Management should understand their incapability and resign

31 Re: Thilak Karunaratne - 50 day Plan on Thu Mar 02, 2017 2:34 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
To day Daily News i have seen Thilak K's Explanations

He can give various reasons and theories

But we know practically Godahewa was able to improve stock market which was destroyed by Indrani Sugathadasa and Thilak Karunaratne under same macro economic environment

 Thilak ,We do not want explanation

We need results

32 Re: Thilak Karunaratne - 50 day Plan on Thu Mar 02, 2017 4:39 pm

soileconomy

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@D.G.Dayaratne wrote:To day Daily News i have seen Thilak K's Explanations

He can give various reasons and theories

But we know practically Godahewa was able to improve stock market which was destroyed by Indrani Sugathadasa and Thilak Karunaratne under same macro economic environment

 Thilak ,We do not want explanation

We need results
Do you still believe that present stock market downturn is mainly due to Thilak factor ?

33 Re: Thilak Karunaratne - 50 day Plan on Fri Mar 03, 2017 5:53 am

reyaz

avatar
Manager - Equity Analytics
Manager - Equity Analytics
@D.G.Dayaratne wrote:To day Daily News i have seen Thilak K's Explanations

He can give various reasons and theories

But we know practically Godahewa was able to improve stock market which was destroyed by Indrani Sugathadasa and Thilak Karunaratne under same macro economic environment


 Thilak ,We do not want explanation

We need results


This government is weak, any robber can call any institutions and continue robberies which started under Mr regime -ex  divulapitiya incident.

In this situation dont know how many filthy phone calls [size=31]thilak is getting even today.[/size]

34 Re: Thilak Karunaratne - 50 day Plan on Fri Mar 03, 2017 8:23 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I strongly believe present problem is directly connected with Thilak and management

Even recent explanation given by his  anti market statement 

If young person with good positive attitude is appointed like Godahewa definitely market will go up

He should be result oriented man  He should make every effort to improve market continuously with giving explanation like an Economist

35 Re: Thilak Karunaratne - 50 day Plan on Fri Mar 03, 2017 8:23 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@soileconomy Do you still believe that present stock market downturn is mainly due to Thilak factor ? Yes and No.

No, because main slide of the Equity market is due to slowed down economic activity, rising interest rates and low business local and foreign investment confidence due to flip flopping policy decision.


But partially i say yes also, cause he's not taking part of economic policy meetings with Ravi and he's not presenting anything behalf of the market to the govt. That's a fact if you have any contact with SEC or CSE, you'll find out only CSE Vajira and Ray took part last yr budget discussion with Ravi and other FM officials on behalf of the equity market. Thilak is more concerned with opening up closed up investigations and doing police work. There's a dept for that and his main job is to build up confidence with local foreign investors saying market is corrupt free, he'll not let any manipulation happen and strong market mechanism is build to tackle equity fraud in the future.
Even recently at a seminar he wasn't saying market is safe and good to invest, he was saying he's reopened few cases which happen before nalaka godahewa period. Cmon man after two years you come and say those stuff. At least say cases are closed and caught the culprits. You had two yrs to investigate those cases.

36 Re: Thilak Karunaratne - 50 day Plan on Fri Mar 03, 2017 10:29 am

soileconomy

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@jayathu.I still believe Tilak has very little to do about cse.Main reason is government policy decesions which has tremendously put the market down.Poor decesions made related to port city ,foreign currency market ,local infrastructure projects, have negatively affected the whole economy .parts of the economy is reflected through share market.
Tilak's duty is identified by the foreign and local institional investors. If thilak factor is so negative market can't go like this for two years.

37 Re: Thilak Karunaratne - 50 day Plan on Fri Mar 03, 2017 12:16 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I do not have any personal problem with Thilak

I also do not see any big difference in macro economic environment Godahewa's time and now
sometimeit may be better Any way it is depend on Political Atitude

This country is mismanaged from the beginning of modern share market in 1980s

If Thilak resign today market will go up tomorrow

It is a physiological factor based on actual behavior of Thllak

He is good for Anti Corruption   Athrity or something like that

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