Tuesday, 17 June 2014

Quote for the day

“A fresh, opportunity-minded mind, uncluttered by prejudice, is crucial for superior investing in an environment where the one constant, the one inevitability is change and industry group rotation. By definition, there can be no uninvestable industries.” -  Barton Biggs

Monday, 16 June 2014

16-Jun-2014 CSE Trade Summary


Company Fact Sheet: Muller and Phipps (Ceylon) PLC - MULL:N0000

About the company:

Established: 1964                                       Quoted Date: 1965-01-01                  Sector: Chemical & Pharmaceuticals

Muller & Phipps (Ceylon) PLC is a holding company. The Company is the holding company of Pettah Pharmacy (Pvt) Ltd., which is serving as agent representative in Sri Lanka for foreign pharmaceutical companies and operates in importing, whole selling and distribution of pharmaceuticals. The Company's ultimate parent undertaking and controlling party is The Colombo Fort Land and Building PLC.


Chairman: Mr S.D.R. Arudpragasam 

Board of Directors:
Mr P. Pathmarajah
Mr 
R.C.A. Welikala 
Mr R.N. Bopearatchy 
Mr A.R. Rasiah  (Independent Non-Executive Director)
Mr S.N.P. Palihena  (Independent Non-Executive Director)
Mr A.M. Mubarak  (Independent Non-Executive Director)

52 Weeks Low: 1.00                                                                        52 Weeks High: 1.60

Average Trading Volume: 435,000

Company Financial at a glance:

History of Rights Issues:

Total shares in Issue: 283,000,000

Top 20 Shareholders as at 31/03/2014


The percentage of Shares held by the Public as at 31st March 2014 was 48.60%.

The percentage of Foreign Holding as at 31st  May 2014 was 1.43%

Quotes for the day

“Classical economic theory assumes that market participants act on the basis of perfect knowledge. That assumption is false. The participant's perceptions influence the market in which they participate, but the market action also influences the participant's perceptions. They cannot obtain perfect knowledge of the market because their thinking is always affecting the market and the market is affecting their thinking.” - George Soros

Sunday, 15 June 2014

17 Mistakes That Could Make You a Losing Trader

One of the best ways to learn how to succeed as a trader is to know what not to do. This infographic takes a look at 17 mistakes to avoid if you want to have a successful trading career
infographic.final.1

Source: http://www.winnersedgetrading.com/

“How to win Friends and Influence People.”

(by Dale Carnegie *1888-1955* founder of the Carnegie Course) 

BECOME A FRIENDLIER PERSON 
1. Don't criticize, condemn or complain. 
2. Give honest, sincere appreciation. 
3. Arouse in the other person an eager want. 
4. Become genuinely interested in other people. 
5. Smile. 
6. Remember that a person's name is to that person the most important sound in any language. 
7. Be a good listener. Encourage others to talk about themselves. 
8. Talk in terms of the other person's interest. 
9. Make the other person feel important - and do so sincerely. 
10 The only way to get the best of an argument is to avoid it. 

WIN PEOPLE TO YOUR WAY OF THINKING 
11. Show respect for the other person's opinions. Never say, "You're wrong." 
12. If you are wrong, admit it quickly and emphatically. 
13. Begin in a friendly way. 
14. Get the other person saying, "Yes, yes" immediately. 
15. Let the other person do a great deal of the talking. 
16. Let the other person feel that the idea is his or hers. 
17. Try honestly to see things from the other person's point of view. 
18. Be sympathetic with the other person's ideas and desires. 
19. Appeal to the nobler motives. 
20. Dramatize your ideas. 

BE A LEADER 
21. Throw down a challenge. 
22. Begin with praise and honest appreciation. 
23. Call attention to people's mistakes indirectly. 
24. Talk about your own mistakes before criticizing the other person. 
25. Ask questions instead of giving direct orders. 
26. Let the other person save face. 
27. Praise the slightest and every improvement. Be "lavish in your praise." 
28. Give the other person a fine reputation to live up to. 
29. Use encouragement. Make the fault seem easy to correct. 
30. Make the other person happy about doing the thing you suggest. 

Biography: Dale Carnegie was born in 1888 in Missouri and was educated at Warrensburg State Teachers College. As a salesman and aspiring actor, he travelled to New York and began teaching communication classes to adults at the YMCA. In 1912, the world famous Carnegie Course was born. He authored several best- sellers, including, “How to win Friends and Influence people”, and “How to stop worrying and start living.” Over 50 million copies of Mr. Carnegie's books have been printed and published in 38 languages. 

Mr. Carnegie was a prominent lecturer of his day and a sought-after counselor to world 
leaders. He wrote newspaper columns and had his own daily radio show. Dale Carnegie founded what is today a worldwide network of over 3,000 instructors and offices in more than 70 countries. 
Source:http://www.csus.edu/

Quote for the day

“Success in investing doesn't correlate with I.Q. once you’re above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.” - Warren Buffett