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Sri Lanka Equity Forum » Stock Market Talk » Will HARRY JAYAWARDENA lose his entire business helm

Will HARRY JAYAWARDENA lose his entire business helm

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soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
With the expected new venture with debt ridden SRI LANKAN Airlines which records billions of losses year on year will he loose his business empire?
Or he will be able to turnaround the debt ridden company ?
Is there any lease rights which is going to be matured near future?
Why he is eyeing such loss making company?

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
If HJ can not make Air lanka profitable I think there is no person in Sri Lanka to make it profitable. He has improved lot of loss making govt. institutions such as Distilleries , Insurance , Milk foods etc.

kovida

kovida
Manager - Equity Analytics
Manager - Equity Analytics
@soileconomy wrote:With the expected new venture with debt ridden SRI LANKAN Airlines which records billions of losses year on year will he loose his business empire?
Or he will be able to turnaround the debt ridden company ?
Is there any lease rights which is going to be matured near future?
Why he is eyeing such loss making company?
Pls read this article carefully. As  I could recall HJ will takeover SRI LANKAN without  debts. Government will absorb all the debts . HJ is a capable entaprenour who could turn around this   venture. See what he did with Sri Lanka Insurance Corp. Consortium for this investlment is also very stong .

I am very much optimistic   and good for  his group of companie and country .

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@hettdas wrote:If HJ can not make Air lanka profitable I think there is no person in Sri Lanka to make it profitable. He has improved lot of loss making govt. institutions such as Distilleries , Insurance , Milk foods etc.
Excuse me, Sri Lanka Insurance was never making losses, they were one of the profitable government owned businesses. Currently also it's doing very in terms of profits

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I
@kovida wrote:
@soileconomy wrote:With the expected new venture with debt ridden SRI LANKAN Airlines which records billions of losses year on year will he loose his business empire?
Or he will be able to turnaround the debt ridden company ?
Is there any lease rights which is going to be matured near future?
Why he is eyeing such loss making company?
Pls read this article carefully. As  I could recall HJ will takeover SRI LANKAN without  debts. Government will absorb all the debts . HJ is a capable entaprenour who could turn around this   venture. See what he did with Sri Lanka Insurance Corp. Consortium for this investlment is also very stong .

I am very much optimistic   and good for  his group of companie and country .
Kovida, there is no question about Haary Js entrepreneurial skills, but it is not fair to say that a financial giant like Sri Lanka Insurance was making losses. They were and are a very profitable government entity. Of course Haary J instilled many good private sector practices in to this government business

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@kovida wrote:
@soileconomy wrote:With the expected new venture with debt ridden SRI LANKAN Airlines which records billions of losses year on year will he loose his business empire?
Or he will be able to turnaround the debt ridden company ?
Is there any lease rights which is going to be matured near future?
Why he is eyeing such loss making company?
Pls read this article carefully. As  I could recall HJ will takeover SRI LANKAN without  debts. Government will absorb all the debts . HJ is a capable entaprenour who could turn around this   venture. See what he did with Sri Lanka Insurance Corp. Consortium for this investlment is also very stong .

I am very much optimistic   and good for  his group of companie and country .
Most probably it will be a PPP.(private public partnership) where 51% will be held by government and 49% will be given to private including the management of the company.accordingly debts cannot be excluded.

Quibit

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Vijaya Mallaya and KingFisher is the best example for Harry J.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
A variation that deviates state practices leads a business success by a thoughtful entrepreneur.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Within this month government will give its decesion.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka Air line loss is mainly due to mismanagement

Even Chinwi know what rajapaksa's did and Yahapalanaya know what this govt did

I hope person like Harry J can do it

I know him when he was Assistant Manager of CWE Export Deparment

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Bribes, corruption, inefficiency & indiscipline are common features of state owned enterprises. Past, present & future is same. Regrettably no leader exists to rectify the infectious system.

gamagevidana


Stock Trader
@D.G.Dayaratne wrote:Sri Lanka Air line loss is mainly due to mismanagement

Even Chinwi know what rajapaksa's did and Yahapalanaya know what this govt did

I hope person like Harry J can do it

I know him when he was Assistant Manager of CWE Export Deparmen
I olso agree with it.  Agreat man From conselexpo ,Am I right ?

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
To my personal view it is very diificult to make profits from air lines.last week Indian national carrier was unveiling its plan for selling off.(Air India)
May be HJ have a plan

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
මෙය ආයෝජන ෆෝර්ම් එකක් වුවත් පොලී අනුපාත​, නව ලෝක ආර්ථික රටාව ගැන මෙන්ම ලාබ පඩු ලබන ආයතන ගැනද බැලිය යුත්තේ යම් තරමක හෝ දේශපාලනයික දෘෂ්ඨියක් සහිතවය​.

රටක ප්‍රවාහන සේවා පවත්වගෙන යන්නේ ආදායම් ඉපයීමේ මාර්ගයක් ලෙස නොව සමස්ථ ආර්ථිකය දුවවන යාන් ත්‍රනයක් ලෙසය​. හයි වේ හදන්නෙත් ඒකටය​.

අද ලෝකයේ ගුවන් සේවා යනු ඉතා අඩු ලාභයක් සහිතව පවත්වාගෙන යන සේවාවකි.
එදා සිට අද දක්වා ලංකා ගුවන් සේවයේ බොහෝ පරිපාලකයින් කැත ලෙස මිස් මැනේජ් කළ බව සත්‍යයක් නමුත් මේතරම් බිලියන් ගණන් අලාබ එන්නේ ඒ නිසා නොවේ.
ලංකා ගුවන් සේවයේ 60% හෝ ඊටර් වැඩියෙන් වැය උනේ ඉන් ධන වලටය​. දැන් තෙල් මිල අඩුවූ නිසා එම ප්‍රතිශතය අඩුවී ඇත​. එමෙන්ම තවත් බිලියන් ගානක් යන්නේ යානා වලට ලීස් මුදල් / කුලී ගාස්තු ගෙවන්නය​.
කුමන දක්‍ෂයෙක් පාලනය කලත් ඒවා අඩු කළ හැකි නොවේ.

එය කළ හැකි එකම ක්‍රමය යානා ප්‍රමණය අඩු කර ගුවන් සේවය අඩ පන වීමට සැලසීමය​. නමුත් යම් නිශ්චිත යානා ප්‍රමාණයක් නොමැතිව බොහෝ දුර ගමන් සේවා පවත්වාගෙන යා නොහැකිය​.

අපි ලංකා ගුවන් සේවයෙන් ලබන පාඩු ගෙන ගණන් හදමු. නමුත් ඉන් කරන ප්‍රමෝශන් නිසා රටට එන විදේශිකයන් වියදම් කරන මුදල් නොසලකමු. ලංකා දුම්රිය සේවය​, ලංගම බස් සේවා ද එදා මෙදා පාඩු පිට පවත්වාගෙන යමු.
මේ සියලු සේවා පාඩු කියා නැවැත්විය නොහැකි බව තෙරුම් යා යුතුය​.

දැන් මහා ලොකුවට එමිරේට් බිලියන් ගනන් ලාබ ගන්නව අපි හැමදාම පාඩු කරගන්නවා මිස් මැනේජ් කරල කියා කෑ ගසති.

නමුත් අපේ යාන වලට බිලියන් ගණන් ලීස් වාරික ගෙවීම ගුවන් සේවයේම ගිණුම් වලට බැර උනත් එමිරේට් යානා වලට ඒවා යෙදෙන්නේ කෙසේ දැයි කවුරුත් කතා නොකරති. එමිරේට් කිසි දිනක අලාභ පෙන්වා නැත​.

ඩුබායි රජයෙන් වසරක් පසා දෙන බිලියන් ගණන් සහනාධාරය ඔවුන් ගේ ලාබ අලාභ ගිනුමට ගතහොත් එයත් ශ්‍රී ලන්කන් වැනිම අලාබ සේවාවක් වේ.

මේ කරුණු සැලකිල්ලට ගත් විට ශ්‍රී ලන්කන් ගුවන් සේවයේ ණය රජය බාරගෙන පරිපලනය හා අයිතිය හැරී ජයවර්ධනටම නොව ඕනෑම දක්‍ෂ කෙනෙකුට දෙනවා නම් ලාබ ඉපදිය හැකි බව ස්ථිරය​.

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
What a load of rubbish from the great man
You don't need an airline to promote tourism
You need an airline or for MR two to rob the country dry

Maldives, Seyshells or even countries like Egypt have a blossoming tourism industry but no airline

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Will Arjuna Mahendran come and rescue Sri Lankan Air line ?

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@nirowat wrote:What a load of rubbish from the great man
You don't need an airline to promote tourism
You need an airline or for MR two to rob the country dry

Maldives, Seyshells or even countries like Egypt have a blossoming tourism industry but no airline

මොකා කීවා මලයා ?
බකාඩිද ? ජැක් දානියෙල් ද​? ගල්ද ? සුදු වද? නැත්නම් ගහෙන් බාපු ගමන් ඒව ද​ ගැහුවේ ?
( ගානක් නෑ. චියර්ස්. )





nirowat


Manager - Equity Analytics
Manager - Equity Analytics
Let me rephrase it

Their Airlines have no significant role to play in their tourist industry
Sri Lankan probably play a bigger role bringing tourists to Maldives than their so called airline

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Chinwi wrote:
@nirowat wrote:What a load of rubbish from the great man
You don't need an airline to promote tourism
You need an airline or for MR two to rob the country dry

Maldives, Seyshells or even countries like Egypt have a blossoming tourism industry but no airline

මොකා කීවා මලයා ?
බකාඩිද ? ජැක් දානියෙල් ද​? ගල්ද ? සුදු වද? නැත්නම් ගහෙන් බාපු ගමන් ඒව ද​ ගැහුවේ ?
( ගානක් නෑ.  චියර්ස්. )



Here comes our experts.. ready to laugh at other for minor issues..!
What nirowat said is absolutely correct. Maldives didn't have a proper airline until very recently. Even now they don't have an airline that has 10, 20 aircraft.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
I think Chinwi answered it correctly.

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@soileconomy wrote:I think Chinwi answered it correctly.
Yes Chinwi is correct.Basil,Namal company would change airlanka to profit making company. lol! lol! lol!

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Yahapalanaya wrote:
@soileconomy wrote:I think Chinwi answered it correctly.
Yes Chinwi is correct.Basil,Namal company would change airlanka to profit making company. lol! lol! lol!
Aiyo.Arjuna Mahendran miss unada?

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@soileconomy wrote:
@Yahapalanaya wrote:
@soileconomy wrote:I think Chinwi answered it correctly.
Yes Chinwi is correct.Basil,Namal company would change airlanka to profit making company. lol! lol! lol!
Aiyo.Arjuna Mahendran miss unada?
Arjun,alosius,mahinda,basil all same horu.Cheating innocent people and dumping money in foreign country for their luxury life.There is no difference of race,religion for those rouges.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
What about Ranil who appointed and try to protect Arjun

Now you can't differentiate Ranil from others

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@D.G.Dayaratne wrote:What about Ranil who appointed and try to protect Arjun

Now you can't differentiate Ranil from others
Ranil didn't get any money.Thingabout Ali baba aiya,malli,putha,masina.....altogether robbed the country

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Yahapalanaya wrote:
@D.G.Dayaratne wrote:What about Ranil who appointed and try to protect Arjun

Now you can't differentiate Ranil from others
Ranil didn't get any money.Thingabout Ali baba aiya,malli,putha,masina.....altogether robbed the country

Did Ranil tell you that he didn't get the money and amongst whom it was distributed?

Ranil and Arjun showed that they are far ahead of Basil and the clan. Pocketing a whopping Rs. 13 billion from a single transaction, even Basil must take tuition from Ranil and his financing buddy Arjun as to how to do so.

Ever since this Central Bank Robbery, interest rates shot up overnight and our stock market became less attractive for investors overnight with spiraling interst rates. Lending rates jacked up. Housing loan and other SME loan interst rates that were below 10% were the hardest hit

Destruction of our economy started by none other than the Minister in charge of Central Bank Ranil

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ranil also in the same group after Bond Issue

That is why he delay action against corruption

If he Delay action against corruption under previous govt All HORU will get together and take action against Ranil

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@DS Wijesinghe wrote:
@Yahapalanaya wrote:
@D.G.Dayaratne wrote:What about Ranil who appointed and try to protect Arjun

Now you can't differentiate Ranil from others
Ranil didn't get any money.Thingabout Ali baba aiya,malli,putha,masina.....altogether robbed the country

Did Ranil tell you that he didn't get the money and amongst whom it was distributed?

Ranil and Arjun showed that they are far ahead of Basil and the clan. Pocketing a whopping Rs. 13 billion from a single transaction, even Basil must take tuition from Ranil and his financing buddy Arjun as to how to do so.

Ever since this Central Bank Robbery, interest rates shot up overnight and our stock market became less attractive for investors overnight with spiraling interst rates. Lending rates jacked up. Housing loan and other SME loan interst rates that were below 10% were the hardest hit

Destruction of our economy started by none other than the Minister in charge of Central Bank Ranil
Ranil-MS is the clean regime accepted by Srilankan people as well as international community.

There is a independant judiciary now.We cannot just put Rajafucksa and alosius into jail.Let judiciary do that work.
Rajafacksa and alosius both rogues.They robbed country millions in avanguard,Illeagally holding luxury houses and properties in foreing country,black money in dubai bank,killing thajudin for leaving rajafucksas girl friend,bombing media station,killing journalists,killing people who asked drinking water,making airlanka loss for old rajafuksa's lover travelling etc

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
All our present economic ills are due to the partnership of this duo.

Maithree-Ranil is an inefficient political coalition with obsolete economic policies, not introducing much needed fast growing pragmatic economic reforms. To introduce bold economic programmers one requires bold political leadership and decision making. You can’t be listening to every Dick, Tom and Harry in doing so and to do so a politically stable government is a pre-requisite. One would expect a government formed by the leaders of the 2 main political parties, with a 2/3rd Parliament power plus the executive president to wield tremendous political stability. Sadly that is not so as both are extremely weak leaders, with leadership thrust upon themselves by other factors. Ranil, with the elimination of top UNP layer of leaders by LTTE and Maithree with the sheer need to chase Mahinda by forming a very broad and divergent coalition.

With this tremendous political instability the end result is today Sri Lanka becoming the left behind economy in Asia.
At a time when the world’s engine of growth is Asia, our projected GDP growth is 4.5%, one of the lowest in Asia
Bangladesh – 6.8 % (Maithree is in Bangladesh at this moment)
India – 7.2%
Myanmar – 7.4%
Vietnam – 5.5%
China – 6.2%
Maldives is going ahead with multi-billion dollar Port City investment with Saudi Arabia to develop Ports, Airports, etc. etc. They are expected one of the most attractive leisure and business destinations in the next decade. Sadly the confused, politically short sighted Ranil & Maithree made a mockery by halting the Colombo Port City project. Now Maldives is following us and at this rate it will take ages to complete Colombo Port City project

With the lack of a predictable and consistent economic programme, by the time the term of this weak leadership combination is over, it is very likely that Sri Lanka will be the left behind economy of Sri Lanka.

So will be us as the left behind investors of Asia, when investors of other Asian countries will prosper faster than us.

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@DS Wijesinghe wrote:All our present economic ills are due to the partnership of this duo.

Maithree-Ranil is an inefficient political coalition with obsolete economic policies, not introducing much needed fast growing pragmatic economic reforms. To introduce bold economic programmers one requires bold political leadership and decision making. You can’t be listening to every Dick, Tom and Harry in doing so and to do so a politically stable government is a pre-requisite. One would expect a government formed by the leaders of the 2 main political parties, with a 2/3rd Parliament power plus the executive president to wield tremendous political stability. Sadly that is not so as both are extremely weak leaders, with leadership thrust upon themselves by other factors. Ranil, with the elimination of top UNP layer of leaders by LTTE and Maithree with the sheer need to chase Mahinda by forming a very broad and divergent coalition.

With this tremendous political instability the end result is today Sri Lanka becoming the left behind economy in Asia.
At a time when the world’s engine of growth is Asia, our projected GDP growth is 4.5%, one of the lowest in Asia
Bangladesh – 6.8 % (Maithree is in Bangladesh at this moment)
India – 7.2%
Myanmar – 7.4%
Vietnam – 5.5%
China – 6.2%
Maldives is going ahead with multi-billion dollar Port City investment with Saudi Arabia to develop Ports, Airports, etc. etc. They are expected one of the most attractive leisure and business destinations in the next decade. Sadly the confused, politically short sighted Ranil & Maithree made a mockery by halting the Colombo Port City project. Now Maldives is following us and at this rate it will take ages to complete Colombo Port City project

With the lack of a predictable and consistent economic programme, by the time the term of this weak leadership combination is over, it is very likely that Sri Lanka will be the left behind economy of Sri Lanka.

So will be us as the left behind investors of Asia, when investors of other Asian countries will prosper faster than us.
Buddy there is no alternate to MS-RW at current political leadership.They are making progress in economy,free media,law and order,etc,etc...For example how cse performing.I hope this alliance would continue beyond 2020.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Dictionary for MHINDA CHINTHANAYA

Past growing Economic Reforms = asking commission of 10 % or more from unproductive projects Ex Maththala.Umaoya Hambantota Cricket Stadium etc

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I am not surprised with the the views of Yahapalana and Dayarathne, both ardent fans and politically blind followers of this Dushithapalanaya and Akarakshamapalanaya.

There is a % of such people in any society. That is why Chandrika Bandaranayake was re-elected for the 2nd term by our very people despite a very poor and dismal performance in the 1st term. People who voted for her re-election said there is no alternative to her and her performance in 2nd term was even more disastrous. With all that if she is given the opportunity seek re-election for a 3rd term, still there will be sizable % in our society who will vote for her again. They are the politically blind and ignorant.

For 2 1/2 years we as investors in the CSE know how hard it is to make a decent capital gain or a profit now. The saddest part is that, for our counterparts in rest of the Asia this is not the situation. They've got performing capital markets to invest, with growing economies in their countries.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Another meaning for Mahinda Chithana Dictionary

Akaryakshama Palanaya= makinging some effort to implement Rule of Law and Empower Institutions of society

Karyakshama Palanaya = Give all powers to individuals Family Members and Crook who support to rob natinal welth


Actual % you can see at the Next Election if Rani allow to take immediate action against HORU of UNder Mahinda Chinthanaya



Last edited by D.G.Dayaratne on Sat Jul 15, 2017 8:58 am; edited 1 time in total (Reason for editing : to add more)

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
When a country's Central Bank is unsafe and not spared by the rulers what is the point in discussing anything.

CSE BULL UNDER YAHAPALANAYA:

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CSE Bull was poisoned during mahinada chithana period by then central bank governor and other manipulators

Now the Bull is recovering

You can produce good photograph after 6 months

Any way what happen to Harry Jayawardhana and Air Lanka

Teller

Teller
Moderator
This is another wrong decision by HJ like failure business Lanka bell . HJ is loosing hundreds of millions from Lanka bell but keep this entity for his prestiges.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Yes.Teller I think he has lost almost four times of his initial investment of Lanka bell.Originally investment was Rs2.1 Bn.
Even in sri Lanka insurance case dcsl shareholders lost their value due to HJ greediness.

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