Ravi Says That He Has Worked Hard To Curb Inflation By Bringing Down The Price Of Shares In The Stock Market

seek wrote:No..No..
There are some hidden manipulators.. who are invisible.. hence never caught although you tried hard to catch..
There are absolute supporters of former government and former president..
They manipulate and sell JKH even at a huge loss..
What is EPF fund.. these people have bigger funds than EPF…
This is public money robbed during previous government..
You have to believe me.. if not I will repeat until you believe me..
They are still controlling the country, the economy and the share market..
They are invisible.. very powerful…
You have to believe me..
And
I bet.. they will never caught during this yahapalana regime..
They will always appear as scapegoats when you are failed..
manipulators... please..

Future123 wrote:Many buggers expected ASPI to reach 10,000 points due to the Yahapal business strategies. But what happened?????

Yahapal aanduva market eka amu amuven meruva neda. They started with Super gain taxes and killed the momentum. That was the starting point of this carnage. Then interest rate hike, rupee depreciation, anti investor talks, punishing local businesses such as tile sector, creating selling pressure when the market momentum picking up such as BFL, ACL, JKH, etc and imposing many restrictions on banks and lending institutions.

Now no one talks about ASPI reaching 10,000 points but talking of reaching 5000 points.            

seek wrote:People should substitute Chillies for the equity in some Sri Lankan companies which are at all-time low.

So this is the finance minister of Sri Lanka.  

seek wrote:http://www.dailymirror.lk/104333/selling-at-jkh-epf-suspected

Brokers said the EPF may be selling JKH shares in a lacklustre market to buy back a share parcel at a more attractive price later. However, analysts pointed out, had that been the case, the EPF should know better as pension funds handling public money are considered long-term investors and not short-term traders.

The EPF is believed to have bought these JKH shares at Rs.170 levels. The All Share Price Index has fallen 8.3 percent so far this year as foreign investors, unnerved by the global concerns over China’s economy, have cut their exposure. Foreign investors, who have been net sellers of Rs.2.28 billion worth of equities so far this year, were the net buyers of Rs.3.79 million worth of shares yesterday. The Central Bank, as expected, kept its key policy interest rates unchanged after market hours on Monday, saying the effects of previous adjustments were still trickling down into the economy and expected private sector credit growth to decelerate slowly. -

Future123 wrote:

seek wrote:http://www.dailymirror.lk/104333/selling-at-jkh-epf-suspected

Brokers said the EPF may be selling JKH shares in a lacklustre market to buy back a share parcel at a more attractive price later. However, analysts pointed out, had that been the case, the EPF should know better as pension funds handling public money are considered long-term investors and not short-term traders.

The EPF is believed to have bought these JKH shares at Rs.170 levels. The All Share Price Index has fallen 8.3 percent so far this year as foreign investors, unnerved by the global concerns over China’s economy, have cut their exposure. Foreign investors, who have been net sellers of Rs.2.28 billion worth of equities so far this year, were the net buyers of Rs.3.79 million worth of shares yesterday. The Central Bank, as expected, kept its key policy interest rates unchanged after market hours on Monday, saying the effects of previous adjustments were still trickling down into the economy and expected private sector credit growth to decelerate slowly. -

Curious to know who is the buyer. EPF bought for 170/= and selling at 150/= meaning there is a possibility of some deal. Why should EPF sell JKH which is a fundamental share at a loss? Who instructed to sell JKH at 150/=? Ravi K or Arjun M?