Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Sri Lanka Equity Forum
Sri Lanka's leading discussion forum for Stock Market Investors since 2010.
Statistics
We have 20021 registered users
The newest registered user is CooperOr

Our users have posted a total of 324207 messages in 49820 subjects
Poll

SLEF Market Sentiment Indicator

73% 73% [ 1132 ]
27% 27% [ 418 ]

Total Votes : 1550

Latest topics
» Can anyone explain ?
by Neluka Karannagoda Today at 12:04 am

» WELCOME MANGALA
by kovida Yesterday at 10:00 pm

» VFIN DIVIDEND
by Harry82 Yesterday at 8:14 pm

» KZOO ANY IDEA OF THE PRICE BEFORE RIGHTS?
by Eugine Fernando Yesterday at 2:36 pm

» BPPL Moving on
by Elahara Yesterday at 1:46 pm

» Advice need on PCP.N
by Elahara Yesterday at 1:38 pm

» Hotels will become active
by DS Wijesinghe Yesterday at 12:35 pm

» SFIN UPDATE
by thankrishan Yesterday at 12:22 pm

» HSIG enjoy
by Kashyapa Senarathne Yesterday at 10:47 am

» BPPL - Sell your headache
by Elahara Yesterday at 10:41 am

» LOFC Chart 28.04.2017 (weekly chart)
by stockback Yesterday at 9:54 am

» WATA next target
by kovida Thu May 25, 2017 10:21 pm

» Finance Minister Change
by sureshot Thu May 25, 2017 8:17 pm

» Why AINV.N not move
by Neluka Karannagoda Thu May 25, 2017 4:47 pm

» People's Leasing Company
by thankrishan Thu May 25, 2017 4:01 pm

» TJL,LIOC,KAPI,MGT,DOCK
by Deen79 Thu May 25, 2017 2:13 pm

» AINV.N and PCHH.N
by Neluka Karannagoda Thu May 25, 2017 2:07 pm

» HVA - HVA FOODS PLC
by anjelo Thu May 25, 2017 12:42 pm

» DIPD DIPD go 100/=
by EquityChamp Thu May 25, 2017 9:46 am

» DFCC Bank - A very valuable counter
by EquityChamp Thu May 25, 2017 9:41 am

» JKH UNBELIEVABLE
by EquityChamp Thu May 25, 2017 9:30 am

» BLI Quarterly Results
by EquityChamp Thu May 25, 2017 9:27 am

» COMB selling
by EquityChamp Thu May 25, 2017 9:26 am

» HEXP annual EPS Rs.33.41 and NAVPS is Rs.92.17
by Miss-Sangeetha Wed May 24, 2017 8:59 pm

» Colombo Dockyard PLC - Rising From the Ashes
by EquityChamp Wed May 24, 2017 12:15 pm

» SRI LANKA FINANCE SECTOR - HOLD - Mar 2017 - FC Research
by stockback Wed May 24, 2017 12:11 pm

» Sampath Bank PLC - A giant awakening
by EquityChamp Wed May 24, 2017 11:31 am

» Collect Collect
by DHAVER88 Wed May 24, 2017 11:26 am

» Sri Lanka studying property loans, SME credit leakages: Central Bank Governor
by DS Wijesinghe Wed May 24, 2017 10:36 am

» Teejay Jersey Lanka PLC - Depreciated Rupee had a very positive impact
by EquityChamp Wed May 24, 2017 10:35 am

» Investors and Business partners from over 20 countries to take part in ‘Sri Lanka Investment Conclave’
by Vacations To Sri Lanka Wed May 24, 2017 10:25 am

» Reason behind PCHH.N
by Eugine Fernando Wed May 24, 2017 9:16 am

» Profit-takings by blue chips
by Eugine Fernando Wed May 24, 2017 8:47 am

» What to buy ?
by Deen79 Wed May 24, 2017 7:00 am

» why suddenly spen.n moving up?
by podda2 Tue May 23, 2017 10:44 am

» AFSL update...
by fortuneteller Tue May 23, 2017 10:26 am

» New CSE Chief upbeat; to accelerate capital market development - See more at: http://www.ft.lk/article/617155/New-CSE-Chief-upbeat--to-accelerate-capital-market-development#sthash.5uzdNQzm.dpuf
by samaritan Tue May 23, 2017 9:17 am

» Isn't Mackwood Energy Limited a gem
by soileconomy Tue May 23, 2017 7:10 am

» SFS. Future.
by prabath Mon May 22, 2017 1:52 pm

» SFIN _DIVDEND
by DHAVER88 Mon May 22, 2017 12:58 pm

» KEEP EYE ON TESS
by DHAVER88 Mon May 22, 2017 11:32 am

» KUMATA MERATA ADIKANANAYA POLISIYA HA WINISURAN ?
by reyaz Mon May 22, 2017 11:31 am

» Sri Lanka: Mangala Samaraweera to be appointed as the Finance Minister today
by worthiness Mon May 22, 2017 10:44 am

» SERA, Seen eka
by MRBRAVO Mon May 22, 2017 9:54 am

» NIFL VS TFIL WHO RUN THE SHOW?
by Eugine Fernando Mon May 22, 2017 9:42 am

» What is happening to MEL
by reyaz Mon May 22, 2017 9:37 am

» COCR and ASI
by Harry82 Mon May 22, 2017 9:11 am

» NEXT WEEK RUNNING SHARES
by Harry82 Mon May 22, 2017 8:50 am

» LETS HOPE FINANCE MINISTER WILL CHANGE
by Eugine Fernando Mon May 22, 2017 8:49 am

» TESS Share Quantity annalise of the last 07 days
by Richman Mon May 22, 2017 6:18 am

» KHC Vs CFT
by sameboy Sat May 20, 2017 10:50 pm

» At least 30 % return within 30 days
by kumarweerarathne Sat May 20, 2017 8:26 pm

» NIFL RACE FINISH
by Teller Sat May 20, 2017 5:50 pm

» VFIN target price -- Rs 80.00 within 2 months
by venura Sat May 20, 2017 12:07 pm

» AINV A logical choice for now!
by reyaz Sat May 20, 2017 11:02 am

» GRAN @ 65 Technically
by anges Sat May 20, 2017 1:27 am

» GOOD to Collect
by anges Sat May 20, 2017 1:26 am

» LLMP good price.
by prabath Fri May 19, 2017 7:49 pm

» NIFL RACE FINISH
by sanjeewa1234 Fri May 19, 2017 5:08 pm

» kZOO why Drop
by sanjeewa1234 Fri May 19, 2017 5:07 pm

» FLCH WILL HIT 3.50
by Winner123 Fri May 19, 2017 4:06 pm

» When will be the AINV right issue ?
by Neluka Karannagoda Fri May 19, 2017 2:34 pm

» Sri Lanka: Net foreign inflow into Sri Lankan equities top Rs. 7.71 billion year to date
by worthiness Fri May 19, 2017 1:21 pm

» RICH RICH RICH
by dow Fri May 19, 2017 11:55 am

» ABANS Unfair Offer Price
by fortuneteller Fri May 19, 2017 11:52 am

» Penny fiesta
by prabath Fri May 19, 2017 11:13 am

» VFIN.. is a Gem
by Harry82 Fri May 19, 2017 7:13 am

» GRAN Future
by DS Wijesinghe Fri May 19, 2017 5:54 am

» BLI for june
by fireshelter Fri May 19, 2017 12:52 am

» WHY GSP PLUS SHARES ARE COMING DOWN?
by reyaz Thu May 18, 2017 11:15 pm

» Why COCO still silent
by Teller Thu May 18, 2017 11:07 pm

» Wait there will be a chance to collect
by prabath Thu May 18, 2017 7:47 pm

» HEXP, WHAT IS BEHIND THE SCREEN
by Miss-Sangeetha Thu May 18, 2017 11:23 am

» TESS AGRO PLC
by MRBRAVO Thu May 18, 2017 8:42 am

» VONE.N0000 HOT SHOT .DON'T HESITATE
by The Hunter Thu May 18, 2017 8:28 am

» MALWATTE PLANTATIONS DONE WELL
by Yahapalanaya Thu May 18, 2017 3:05 am

» UDPL & BALA Future... Price
by Ran49 Wed May 17, 2017 10:34 pm

» BLI's wife - BFN
by Maharaja Wed May 17, 2017 9:26 pm

» NIFL TRADING PRICE
by sanjeewa1234 Wed May 17, 2017 8:49 pm

» KZOO BEST PRICE
by sanjeewa1234 Wed May 17, 2017 8:47 pm

» ASI will reach to it's ever high due to all the positive economic achievements ....
by worthiness Wed May 17, 2017 8:18 pm

» Teejay ends Q3 with a revenue growth of 33-pct despite challenges
by kumarweerarathne Wed May 17, 2017 5:49 pm

» Good Interim Results for Plantation
by jsilva Wed May 17, 2017 5:39 pm

» MPORTANT ANNOUNCEMENT REGARDING DATA ON CSE WEBSITE
by D.G.Dayaratne Wed May 17, 2017 4:28 pm

» HEXP will hit 100/= rs.
by Vacations To Sri Lanka Wed May 17, 2017 1:48 pm

» MEGA BULL MARKET AHEAD
by nirowat Wed May 17, 2017 1:45 pm

» HEXP will hit with the Financial report ?
by worthiness Wed May 17, 2017 1:41 pm

» CSF.N0000 any idea
by podda2 Wed May 17, 2017 12:37 pm

» Today BOGA....
by podda2 Wed May 17, 2017 12:18 pm

» MGT.N 20+ GSP++ BOOM BOOM
by D.G.Dayaratne Wed May 17, 2017 11:44 am

» Sell Poultry stocks....
by kcrRanz Wed May 17, 2017 10:42 am

» GRAN.N000 Below 65/=
by kcrRanz Wed May 17, 2017 10:37 am

» චීන - ලංකා නිදහස් වෙළඳ ගිවිසුම මේ වසරේ දී
by kcrRanz Wed May 17, 2017 10:07 am

» GSP+ හරහා වාර්ෂිකව යූරෝ මිලියන 300 ක්
by kcrRanz Wed May 17, 2017 10:05 am

» HEXP NAVPS - 91/= EPS - 32/= . Any dividend ?
by kcrRanz Wed May 17, 2017 9:56 am

» GSP+ be effected from May 19.
by worthiness Wed May 17, 2017 9:39 am

» Is it ? What's your comments?
by PrasannaMani Wed May 17, 2017 8:54 am

» Very Soon ,Very Soon....LCEM
by sureshot Wed May 17, 2017 5:35 am

» FLCH Browns Capital
by Yahapalanaya Wed May 17, 2017 4:04 am

Ray of hope for Colombo Stock market

View previous topic View next topic Go down

Ray of hope for Colombo Stock market

Post by Quibit on Sat May 06, 2017 4:07 pm

The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Ray Abeywardena as the Chairman of the Board of Directors of the CSE with effect from 5th May 2017.
Abeywardena succeeds Vajira Kulatilaka, who steps down as the Chairman on the conclusion of the customary three year term.

Ray Abeywardena is the Managing Director of Acuity Partners (Pvt) Ltd and has over 30 years of extensive experience in the Sri Lankan Capital Market, primarily as a Stock Broker and since 2009 as an Investment Banker.

Having begun his career as a Trainee Stock Broker in 1986 at Forbes & Walker Ltd, he progressively moved up the corporate ladder and was appointed as the Managing Director of the firm in 1998.
In 2001, he was instrumental in setting up DFCC Stockbrokers (Pvt) Ltd and served as Managing Director/CEO of the Firm.
With the formation of Acuity Partners (Pvt) Ltd in 2009, he was appointed CEO of the Firm and since 2012 serves as the Managing Director.
Abeywardena has participated in many Investment Forums both locally and internationally and has served on various sub-committees of the Colombo Stock Exchange. He was appointed to the Board of Directors of the Colombo Stock Exchange in 2013 and presently serves on the sub-committees pertaining to Market Development, Risk & Audit and Rules. He is also a past Chairman of the Colombo Stock Brokers Association.

Abeywardena is presently the Chairman of Acuity Stockbrokers (Pvt) Ltd and Acuity Securities Ltd. He also serves as a Director on the Boards of Lanka Ventures PLC, Soft Logic Life Insurance PLC, Guardian Acuity Asset Management Ltd, LVL Energy Fund Ltd and the Central Depository Systems (Pvt) Ltd.
Abeywardena is a member of the Chartered Institute of Marketing (UK) and holds a Master’s Degree in Business Administration from the University of Wales.
avatar
Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts : 2332
Equity Stars : 8177
Reputation : 372
Join date : 2010-05-08

Back to top Go down

Re: Ray of hope for Colombo Stock market

Post by Yahapalanaya on Sun May 07, 2017 12:08 am

Welcome Quibits posittive comments atleast now.
avatar
Yahapalanaya
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts : 1152
Equity Stars : 1992
Reputation : 34
Join date : 2015-06-07
Location : North America

Back to top Go down

Re: Ray of hope for Colombo Stock market

Post by Ryan Hudson on Sun May 07, 2017 8:29 am

TPG turns away from Sri Lanka state airline as political instability mounts

 TPG, a US based private equity firm that was in talks to invest in state-run SriLankan Airlines had decided not to invest in the loss-making carrier as they have better things to do with their money.

"…[R]egrettably, TPG have informed us hey will not pursue a potential investment in Sri Lankan Airlines," Chairman Ajit Dias told staff in a memorandum seen by EconomyNext.
"It is their opinion that allocating the human and financial resources to make the airline profitable will not realize sufficient returns, compared to the many other new investment opportunities that are available to them."
Dias told staff that the Sri Lanka government is "pursuing other options in finding a partner" and staff to make efforts to improve performance.
SriLankan Airlines had suffered heavy losses about a billion US dollars in losses after ex-President Mahinda Rajapaksa terminated a deal with then managing shareholder Emirates over a tiff involving bumping paying passengers to accommodate a presidential entourage.
A new administration that came into power in 2015, changed the board and sacked ex-President Rajapaksa's brother-in-law as chairman amid allegations of mis-management and fraud.
SriLankan has continued to make losses despite low fuel prices and growing tourist arrivals though some excess costs have been trimmed by new management. 

Ryan Hudson
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 462
Equity Stars : 1434
Reputation : 19
Join date : 2015-02-12

Back to top Go down

Re: Ray of hope for Colombo Stock market

Post by Ryan Hudson on Sun May 07, 2017 8:32 am

[size=32]Rs. 330 mn for vehicles of Ministers and two officials while fools like yahapalana go shopping for pissu my3 and ranil[/size]
2017-05-06 11:05:11
 15
 6203

     


The government yesterday sought parliamentary approval for a supplementary estimate to cover Rs. 330 million for the purchase of vehicles for three cabinet ministers, three state ministers, a Provincial Governor and a Secretary to the Prime Minister.
Among them, Rs. 43 million is for the purchase of a vehicle for Foreign Employment Minister Thalatha Athukorala, another Rs. 42 million for Provincial Councils and Local Government Minister Faiszer Musthapha and Rs. 43 million for National Co-Existence, Dialogue and official Language Minister Mano Ganesan.
A further Rs. 43.7 million has been allocated for the purchase of a vehicle for city planning and water supply State Minister Sudarshani Fernandopulle, Rs. 43 million for Fisheries and Aquatic Resources Development State Minister Dilip Wedaarachchi and the balance payment of Rs. 29 million for the purchase of a vehicle for Skills development and vocational training State Minister Palitha Range Bandara.
Meanwhile, Rs. 43 million has been allocated for the purchase of a vehicle for Eastern Provincial Council Governor Austin Fernando and another Rs. 43 million to purchase a vehicle for the use of Secretary (Parliamentary Affairs) to the Prime Minister’s office.
The estimate also sought approval to cover foreign travel expenses of Foreign Affairs Ministry and Telecommunication and Digital Infrastructure Ministry amounting Rs. 23.6 million and Rs. 0.9 million respectively.
A supplementary allocation of Rs. 10 million was also sought for the Expenditure on repairs and maintenance of official residence of Provincial Councils and Local Government Minister Faiszer Musthapha. (Ajith Siriwardana)

Ryan Hudson
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 462
Equity Stars : 1434
Reputation : 19
Join date : 2015-02-12

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum
Who is online?
In total there are 79 users online :: 3 Registered, 0 Hidden and 76 Guests

Neluka Karannagoda, sisira.wijeweera, uschathuranga

Most users ever online was 541 on Mon Sep 19, 2011 11:29 am
Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.