As everyone expected the Price of PC House Voting share arise rapidly yesterday and Day before yesterday. Which was reaches the all the time highest of Rs 16.80 of PC House trading History. As everyone see there is enough possibility to happening a manipulations and generated quick short term Profits by Manipulators.
Therefore the Colombo Stock Exchange has applied the 10% price band to PC House Voting shares. This Band implemented from 05.01.2011. To 26.01.2011.
This band will allow the market to be Perform Up site or Down site by 10% from the previous day Closing Price.
For example PC house pervious day Price closed at Rs. 16.10. The Trading range can be a range of Rs 14.50 – Rs.17.70. today the Market Close at Down by 10% & closed at Rs.14.50
“Until you feel market as friend, you can’t get anything from Him or her”
Panasian Power Limited recently issued a 200 Million of Shares as Initial Public Offered at the Price of Rs 3. Last 16th December the Panasian Power Limited allocate the share allocations, [http://synergyy.com/2010/12/panasian-power-limited-ipo-share-allotment/ ]
Today January 05, 2011, CSE announced the Panasian Power will list on Main Board with the classified of Power and energy Sector, on 7th the January 2011.
The Security of Code : – PAP-N-000
Total no of shares to be listed : – 500,000,000.
The PC house PLC was a Bad Performer in Colombo Stoke Exchange in Previous Months; the Price of the share was reach Rs. 8.50 per share which issued at Rs.12 per Share [IPO].
The recent Performance of the PC house is pretty well according to the market Perceptions on the IT sectors and new Budget Proposal of Srilankan Government. Today 03.01.2011 share price is started from Rs 11.30 and reaches Rs 13.80 and finally closed the Day by Rs. 13.40 per share. [Please find the attach Picture, Snapshot from of www.cse.lk]
As a common perception of the market the PC house having a probability of Reach Rs. 20 to Rs 25 in near future.
For a long time there is a good enough future to reach Rs. 50 per Share. Therefore this Investment is better for long term Perspective than the Short term Focus.
But whatever happens Colombo Stoke Exchange is trading with Predictions rather than the Performance. The best advice to the investors are to not to invest all their saving to the share market.
For Short term – Yes, it’s good for immediate capital gains.
For Long term – Yes, its’ depends on their Adoptability of IT sectors changes and Satisfaction of PC House Customers.
“Better Diversification, better the Life”
- This is not a Person advice for anyone; it’s just an observation of the market.
Today December 24, 2010.Singer Finance announced the share allotment for the Initial public offering [IPO]
Basics of allotment of public Category of share allotments
|Applications up to and inclusive of 500 shares||100% of shares applied|
|Applications over 500 shares but less than and inclusive of 5,000 shares||A minimum allotment of 500 shares, Plus 5.00% of shares applied over and above 500 shares rounded to the nearest 100 shares|
|Applications over 5,000 shares but less than and inclusive of 50,000 shares||A minimum allotment of 700 shares, Plus 2.00% of shares applied over and above 5,000 shares rounded to the nearest 100 shares|
|Application over 50,000 shares||A minimum allotment of 1,600 shares, Plus 0.38085% of shares applied over and above 50,000 shares rounded to the nearest 100 shares|
Employee Category and share allotments
|Applications up to and inclusive of 25,000 shares||100% of shares applied|
|Application over 25,000 shares||A minimum allotment of 25,000 shares, Plus 2.15% of shares applied over and above 25,000 shares rounded to the nearest 100 shares|
Colombo Stoke Exchange [CSE] Milanka Price Index [MPI] Compositions form 3rd January 2011 to 30th June 2011 [1st half of 2011]
Banks, Finance & Insurance
- Commercial Bank of Ceylon PLC
- DFCC Bank
- Hatton National Bank PLC
- Janashakthi Insurance PLC
- LB Finance PLC
- Merchant Bank of Srilanka PLC
- National Development Banks PLC
- National Trust Bank PLC
- Pan Asia Banking Corporation PLC
- Sampath Bank PLC
- Seylan Bank PLC
- Nawaloka Hospitals PLC
Beverages, Food & Tobacco
- Distilleries Co. of Srilanka PLC
- Environmental Resources Investment PLC
- Hemas Holdings PLC
- John Keells Holdings PLC
- Richard Pieris PLC
Land & Property
- Overseas Realty (Ceylon) PLC
- Chevron Lubricants Lanka PLC
Chemical & Pharmaceuticals
- Chemical Industries (Colombo) PLC
- Dialog Axiata PLC
- Brown & Co. PLC
Hotels & Travels
- Asian Hotels and Properties PLC
- Galadari Hotels (Lanka) PLC
- John Keells Hotels PLC
As an investor and follower of CSE, my argument is.
Every investor in Colombo Stock exchange is expecting the Singer Finance IPO. In the mean time Singer Srilanka PLC reaches low transaction price of Rs 170.00 from 189.00[As previous closing]
Today’s Rs.170 was lowest price during this year transactions.
Is there any reason for it?
This price reductions can be a market correction, the CSE was reaches a highest selling positions during the last 2 months. So the investors are expecting there will be a Market correction in near future.
Therefore most of them are considering this as a market correction, but it’s not. If it’s a market correction the whole the market should be affect.
Therefore accepting the market adjustment is depending on their personal.
Manipulating the market
There are some reasons for the argument of Manipulations,
- To get weaken position to the Singer Finance IPO
By manipulating the Singer Srilanka shares, will lead the investors to not to attract to singer Finance IPO which opens tomorrow.
- The number of shares traded today,
The number of shares traded today is about the 1000; therefore making decision with the few shares may be lead wrong decision.
- Today price is the lowest price in the year of 2010.
The price indicates as Rs.170; is a lowest price in the year. The share trading today may lead use to misunderstand the investor and unattractive to the Singer Finance IPO.
As per My Points of View this can be a manipulation cause,
This trend can be continued to tomorrow as well to affect Singer Finance IPO of 15th December [tomorrow].
Laugfs Gas Limited listed in Colombo Stoke Exchange [CSE] today as First day. Laugfs Gas Limited issued 75 million voting ordinary shares at Rs. 23 each and the shares are oversubscribed by 20.2 times.
Is LAUGFS Makes CRY short term Investors?
Today most of the Laugfs Gas Limited investors [short term] are expecting a higher opening price, likely double the rate [RS.46] of share value [Rs.23]. Most of the investors argued similarities of the opening day of ODEL and today’s Laugfs.
But from the opening, all the short term investors’ are understood their short term expectation won’t satisfy today.
Only argument to smile the Laugfs Gas Limited investors are, the total share volume trade today is 30.81 million. Therefore it’s acceptable most of the investors are holding their shares for long term perspective than a short term. Therefore there will be a good future for Laugfs Gas Limited [expected] in long term or immediate medium term.
Is it possible to Laugh?
There is a good enough possibility to laugh. The investors who holding the shares for long term, the argument is, most of the companies long term performance is good if compare the initial listed day.
And the share market is not a casino to see immediate money, if anyone use it as casino it will take back all like cash generate as like casino.
Therefore be professional and be use share market as a capital investment market. Therefore share market won’t cheat anyone any more.
As warren buffett says” feel share market as your friend”
As per My perspective
Laugfs Gas Limited listed
Today- short term investors – CRY
Medium term- the investors who not willing to sell in Medium Term- SMILE,
Long term- investors who are look for long term – LAUGH.
Today November 03, 2010, the shell Gas Lanka signed an agreement with Srilankan government to sell 51% of shake for US$ 63 million. While the government gets the power of control, its change the name of Shell Gas Lanka to Litro Gas.
As management student I am analyzing the usefulness of the brand name changes,
The Strengths’ of the new Brand name [Litro Gas]
- Widely distribute Litro Gas in overall Srilanka with more distributional centers,
- New pricing strategy and possibility of reduction in Gas Prices,
- Be monopoly distribution in Gas at affordable price,
- Providing a better management style as the locals need,
- New marketing strategies,
- Loyalty service from the government services,
- Special regulations for price setting and avoidance of less sudden price increments,
Weakness of the new Brand name [Litro Gas]
- May incurred huge cost for new brand development.
- Loosing of multinational brand name.
- Loosing of better management styles [ subjective and conditions apply ]
- High risk of competitions from the Laughs gas.
- The relationship with the mother company of Royal shell Gas, Netherlands.
- How the market will be react with government services,
- How the quality of services,
But whatever it is changing of the brand name and the controls creates a hope to the people to reduction in Gas prices in soon. And if the srilankan government is hoping to serve better services to public is greatly appreciate by public.
the success of the Damro furniture is their distribution and the supply chain effectiveness. the Damro is a good example for a srilankan industry to, how to handle a proper business with a customers to reach a nearest showrooms.The effectiveness of the customer relationship and supply chains are mostly new to srilankan companies to adopt.
for example Damro having nearly 53 showrooms in srilanka, 35 showrooms in India and 5 show rooms in Australia. some of the showrooms are operating as Franchise Showrooms, but most of the showrooms are operating independently and providing a valuable customer services.
the following details are extract from the Damro’s official website to made my arguments to be more valid
Sirlankan Showrooms and their contact details
|Anuradhapura||488/7A, Maithripala senanayake Mw, New town, Anuradhapura||025 2226026|
|Bambalapitiya||746, Galle Road, Colombo 04||011 2553838|
|Bandaragama||76A, Rathnapura Road, Bandaragama||038 4290203|
|Battaramulla||115, Kaduwela Road, Battaramulla||011 2883245|
|Borella||No.63, D.S.Senanayake Mawatha, Borella||011 2683740|
|Bulathsinghala||Athura, Bulathsinghala||034 2282737|
|Chilaw||Colombo Road, Maikkulama, Chilaw||032 2224606|
|Corporate Division||746, Galle Road, Colombo 04||011 2508578011 2508590|
|Embilipitiya||Pallegama, Embilipitiya||047 2261542|
|Galle||32, Colombo Road, Galle||091 2233267|
|Gampaha||202, Colombo Road, Gampaha||033 2231990|
|Grandpass||517, Prince Of Wales Avenue, Colombo 14||011 2321291|
|Ganemulla||No.14, Main Street, Ganemulla||033 2261133|
|Hambanthota||57, Willmat Road, Hambanthota||047 4378152|
|Homagama||394/4b, Highlevel Road, Makumbura, Pannipitiya||011 2891755|
|Ja Ela||368, Weligampitiya, Ja Ela||011 2232555|
|kandy||929, Peradeniya Road, Kandy||081 4931861|
|Katunayake||784, Colombo Road, Airport Junction, Seeduwa||011 2260078|
|Kalutara||271/A, Galle Road, Kalutara||034 2237351|
|Kegalle||144, Kandy Road, Golahela, Kegalle||035 2223893|
|Kiribathgoda||255, Kandy Road, Kelaniya||011 2911199|
|Kirulapone||429, Havelock Road, Colombo||011 2366003|
|Kirillawala||2/2A, Kandy Road, Kirillawala||011 2969034|
|Kirindiwela||Jayabima, Hanwella Road., Kirindiwela||033 2269702|
|Kuliyapitiya||122, Hettipola Road, Kuliyapitiya||037 4696362|
|Kurunegala||246, Colombo Road, Wehara, Kurunegala||037 2231930|
|Matale||216a, Kohombiliwela, Matale||066 2224766|
|Matara||435, Colombo Road, Pamburana, Matara||041 2231895|
|Minuwangoda||179, Colombo Road, Galloluwa Junction, Minuwangoda||011 4741750|
|Mirigama||267/2, Pasyala Raod, Mirigama||033 2274699|
|Nawala||92, Nawala Road, Nugegoda||011 2822651|
|Narammala||No.106, Negombo Road, Narammala||037 2248211|
|Negambo||315, Main Street, Negambo||031 4874725|
|Nikawaratiya||Hilogama Rd, Nikawaratiya||037 4934065|
|Nittambuwa||26th Mile Post, Kandy Road, Nittambuwa||033 2285685|
|Panadura||146, Galle Road, Walana, Panadura||038 2243014|
|Pannala||112, Negombo Road, Pannala||037 4640221|
|Pallewela||Madagampitiya Road, Pallewela||033 2271411|
|Peradeniya||279, Colombo Road, Peradeniya||081 2384520|
|Piliyandala||430/1, Colombo Road, Piliyandala||011 4211714|
|Pugoda||Hanwella Road, Pugoda||011 2405086|
|Puttalam||159, Kurunegala Road, Puttalam||032 4865227|
|Ragama||85, Mahabage Road, Ragama||011 2957537|
|Rathnapura||41, Bandaranayake Mawatha, Rathnapura||045 2226066|
|Thissamaharama||No.169, Main Road, Thissamaharama||047 2239745|
|Veyangoda||220/A, Negambo Road, Veyangoda||033 4678496|
|Vavuniya||284, Kandy Road, Vavuniya||024 2221403|
|Wariyapola||Adhikari Mawatha, Wariyapola||037 2268666|
|Wattala||580, Negambo Road, Mabola, Wattala||011 2949507|
|Wennappuwa||Kosgas Junction, Chilaw Road, Wennappuwa||031 4874696|
|Weliveriya||154/3A, New Kandy Road, Weliveriya||033 2258320|
|Wijerama||576, Highlevel Road, Wijerama||011 2802360|
|Yakkala||42, Kandy Road, Yakkala||033 2232469|
Srilanka enjoys an extreme advantage of exporting the Coconut products to the rest of the world.
Especially coconut tree is can be consider as Utility tree. Because we used all the parts of the tree and we get maximum benefit out of it.
Coconut products are widely available in every coastal area in Srilanka. It has a huge home demand and the export opportunity as well.
Most of srilankan are doing this business as their small business. But it can’t consider as a small business, because most business are became an enterprises as well established.
Here I am discussing bit about the export market of Coconut products but same products are widely available is Srilanka as well.
The main businesses in Coconut product are,
Desiccated [dry] Coconut,
In overall Srilanka there are nearly a 60 mills widely available. The total production is about near to 72,000 to 75,000 metric tons per year.
Countries to export
Most of the EU countries, Turkey, Egypt, UAE, etc…
The door mats are prepared by using the coir twines or coir fiber mix. There are 3 different types of it by production procedures, such as
- Auto Machine production
- Manual production
- Using steel springs
This is a local market and the export as well. Specially foreign countries are using in the winter time.
Countries to export
Most of the EU countries, UK, Netherland, as well..
The twine is made by the Coconut Bristle, it can be made according to the needs and the requisition made by the consumers. These twine gets a great demand, when the world talk about the global pollutions and the go green proceeds, mostly available is green product is this twine.
This is the main reason most of the western counties are more interested to buy it.
Countries to export
USA, UK, Japan, some of the EU countries And etc…
This is shell of the coconut. In Srilanka people use it for cooking and domestic heating purposes. The same purpose its export as well. Its use some other counties for domestic heating and some of the external activities as well like BBQ.
Countries to export
Middle East countries, UK, African counties, Japan, for domestic heating, etc…
The coir is using to make a mattress. But now there is not enough demand for Coir mattress, so most of the mattresses are using to produce the coir with the Rubberized. This will be a cost efficiently and the value for money concern.
Countries to export
Japan, Germany, and some EU Countries…
Coconut Cream and Coconut milk,
This is a main product of the Coconut tree. Mostly of the people get use of it. The recent time, most of the countries are using packet Coconut milk power or milk. It’s a 100% pure Coconut Kernel. This is not flavor or Artificial Preservatives included it. This is use for the preparation of Curries and Desserts.
Recent home demand for the packet coconut milk power appreciated. In soon future srilanka will mostly use it.
Countries to export
Most of the EU countries, UK, Middle East, Australia and Singapore.
This is a good business opportunity to the Srilankan to start the business in coconut products and succeed. These investments are not leading you a huge risk. Because every part of the coconut tree can be use it. But the important is the quality of the product will be a key success of export market.
The coconut products are the good investment activities for the people who would like to start the small business in srilanka.