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

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» MARKET RISE - GUARANTEED
by Yahapalanaya Yesterday at 6:24 pm

» #PM Crisis#
by Yahapalanaya Yesterday at 6:16 pm

» ##FUN TOONS###
by ruwan326 Yesterday at 8:22 am

» Maldives also Now facing Sri Lanka’s Same Debt Trap Syndrome
by Miss-Sangeetha Yesterday at 8:01 am

» Financial Reports Q-3 2018
by ruwan326 Mon Nov 19, 2018 7:47 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by ruwan326 Mon Nov 19, 2018 7:43 pm

» Daily Foreign Transactions
by ruwan326 Mon Nov 19, 2018 7:41 pm

» KEEP AN CLOSE EYE ON BFN DONT SELL BELOW 17
by kalu351 Mon Nov 19, 2018 7:05 pm

» Don't put your money on risk ! Buy politically less effect shares !!!!
by The Hunter Mon Nov 19, 2018 12:55 pm

» what is the best price for TKYO
by Pahan Mon Nov 19, 2018 11:11 am

» Is HNB price is attractive
by Pahan Mon Nov 19, 2018 10:57 am

» BFN DEAL -DONT SELL BFN AT 14 LEVEL
by kalu351 Mon Nov 19, 2018 10:45 am

» BFN Deal to go on in spite of the political crisis
by kalu351 Mon Nov 19, 2018 8:36 am

» TBs worth Rs.14.2 bn issued to SriLankan in 2012
by ruwan326 Sun Nov 18, 2018 6:42 am

» SRI LANKA @ 2020
by ruwan326 Sat Nov 17, 2018 7:24 am

» Dealing by directors
by ruwan326 Fri Nov 16, 2018 9:08 pm

» Summary of Key Announcements during the week
by ruwan326 Fri Nov 16, 2018 9:06 pm

» CSE WEEKLY
by ruwan326 Fri Nov 16, 2018 9:02 pm

» BFN Price HOLDING ON AS THE DEAL COME CLOSER
by sanjulanka Fri Nov 16, 2018 1:29 pm

» Another Finance sector deal UBC UBC UBC Deal
by kalu351 Fri Nov 16, 2018 10:56 am

» BFN BFN BFN BFN BFN DEAL ......WITH CHINESE BANK
by kalu351 Fri Nov 16, 2018 10:54 am

» MARKET CRASH - GUARANTEED
by Maharaja Fri Nov 16, 2018 9:32 am

» Q-TO-Q Financial Report-Financial Performance- Period ended 30 September 2018
by ruwan326 Thu Nov 15, 2018 9:00 pm

» CB raises key rates in surprise move to support currency
by Miss-Sangeetha Thu Nov 15, 2018 4:59 pm

» President rejects NCM brought against PM, Govt.
by ranferdi Thu Nov 15, 2018 2:36 pm

» Supreme Court issues stay order on Gazette dissolving Parliament
by THUWA Wed Nov 14, 2018 5:28 pm

» CSE THIS WEEK
by ruwan326 Wed Nov 14, 2018 8:27 am

» Veterans return to lead state banks
by ruwan326 Wed Nov 14, 2018 8:21 am

» Collect ODEL Range Rs. 23-25 .......Target Price over Rs.35
by soileconomy Tue Nov 13, 2018 8:54 pm

» අනං## මනං ##
by ruwan326 Tue Nov 13, 2018 8:52 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » DUTY OF CSE & SEC

DUTY OF CSE & SEC

Go down  Message [Page 1 of 1]

1 DUTY OF CSE & SEC on Wed Aug 16, 2017 12:02 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Are these two institutions are doing their job correctly?

My answer is NO.

Are they monitoring the manipulations and taking any action for any wrong dowers?

Are they monitoring the disclosers  of Director dealings and related party transactions. specially date of discloser to CSE?

Are they monitoring the announcements from the Companies and then raging on for long a period of time to execute those announcements, such as Dividends,  Right issues, Sub division of shares and other announcements ( Restructure) which is effecting the market sentiment direct?

And also no action has been taken up to now  regarding the already suspended shares, such as   VANIC, HOTEL DEVELOPERS,PELWATTE SUGAR, TOUCHWOOD, ORIENT GARMENTS, DISTILLERIES, MIRAMAR BEACH,ENTRUST SECURITIES ETC..... My question is who is going to answer for the small investors of these Companies, who have invested their hard earn money on these Companies.

2 Re: DUTY OF CSE & SEC on Wed Aug 16, 2017 1:02 pm

Teller

avatar
Moderator
I'm not satisfied with right issue prices,the way of mandatory offers, Warrents execute prices, Ahnouncement updates for director dealings , and many more.

3 Re: DUTY OF CSE & SEC on Thu Aug 17, 2017 1:00 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Have you all noticed ALPH related party transaction which took place in APRIL, The discloser coming today after 4 months. what a stock market is this.

4 Re: DUTY OF CSE & SEC on Thu Aug 17, 2017 1:31 pm

Teller

avatar
Moderator
True...

5 Re: DUTY OF CSE & SEC on Thu Aug 17, 2017 2:13 pm

himesh


Equity Analytic
Equity Analytic
CSE doing their job. SEC is doing nothing. Best example is kalpitiya beach resorts. SEC accepted kalpitiya beach resorts has been doing nothing to implement IPO proposals. They requested CITK to come up with a alternative proposal. CITK promised to build a 60 rooms hotel as a alternative proposal. SEC gave deadline (2017-6-30) to build the 60 rooms hotel. CITK did nothing. They delisted CITK on 2017-06-30. Companies making fun of the SEC

6 Re: DUTY OF CSE & SEC on Thu Aug 17, 2017 2:24 pm

sharemarket

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Eugine Fernando wrote:Are these two institutions are doing their job correctly?

My answer is NO.

Are they monitoring the manipulations and taking any action for any wrong dowers?

Are they monitoring the disclosers  of Director dealings and related party transactions. specially date of discloser to CSE?

Are they monitoring the announcements from the Companies and then raging on for long a period of time to execute those announcements, such as Dividends,  Right issues, Sub division of shares and other announcements ( Restructure) which is effecting the market sentiment direct?

And also no action has been taken up to now  regarding the already suspended shares, such as   VANIC, HOTEL DEVELOPERS,PELWATTE SUGAR, TOUCHWOOD, ORIENT GARMENTS, DISTILLERIES, MIRAMAR BEACH,ENTRUST SECURITIES ETC..... My question is who is going to answer for the small investors of these Companies, who have invested their hard earn money on these Companies.
Sleep

7 Re: DUTY OF CSE & SEC on Thu Aug 17, 2017 2:30 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@himesh wrote:CSE doing their job. SEC is doing nothing. Best example is kalpitiya beach resorts. SEC accepted kalpitiya beach resorts has been doing nothing to implement IPO proposals. They requested CITK to come up with a alternative proposal. CITK promised to build a 60 rooms hotel as a alternative proposal. SEC gave deadline (2017-6-30) to build the 60 rooms hotel. CITK did nothing. They delisted CITK on 2017-06-30. Companies making fun of the SEC
CITK not delisted its trading was suspended pending restructuring process. According to the Group Accountant trading will commence in end of August.

8 Re: DUTY OF CSE & SEC on Thu Aug 17, 2017 3:07 pm

niru


Manager - Equity Analytics
Manager - Equity Analytics
Just a note : Distilleries shares converted as Melstacorp shares in October 2016 (4 MELS for 1 DIST).

MPRH.N0000   Metropolitan delisted but some shareholders got nothing.

9 Re: DUTY OF CSE & SEC on Sat Aug 26, 2017 6:06 am

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@niru wrote:Just a note : Distilleries shares converted as Melstacorp shares in October 2016 (4 MELS for 1 DIST).

MPRH.N0000   Metropolitan delisted but some shareholders got nothing.

Why got nothing ? They paid us @ 28 or 32 ... . Have you missed the chance to accept the offer ? Call them and try to sell your holding privately .

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum