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Showing posts from March, 2026

JXG IPO seems interesting - Investing in Sri Lankas Stock Market - 28th March 2026

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  Hi, Its Day 2 of learning the CSE Market and the above image might shock you at the start. Basically if you buy a stock there is commision or a ask price.With my broker i believe its 1.2% which means the stocks should matrue atleast 1.2% to either break even or head to profits, which is fair I guess. I am investing in the long term and this is an opportunity to learn. The JXG Group has announced their IPO, As a person learning I want to take risks to learn about the stock Market. My Investement advisor, told me not to treat it as gamlbling which i dont and will never do  so. I downloaded the prospectus and went through it. I found some interesting points and please go ahead and tell me if they are normal. 1.The JXG business is a family business as the man shareholders are the Schaffter Family, including Mr Prakash Schaffter (the duputy Chairman) who was a famous cricketer. Around 21.74% of the shares are the only floating shares which means the family business will start in ...

The start - Investing in Sri Lankas Stock Market - 27th March 2026

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  Everybody tells you to invest money or start saving, but no one really explains how to actually do it. I don’t fully know either. That’s why this is (hopefully) the start of a blog series documenting how my investing journey goes. I came across someone on Facebook . Normally, I wouldn’t recommend reaching out to people like that, but he seemed legit, posting consistent content and building a good reputation. The broker he suggested was unfamiliar to me. Before that, I tried opening an account with Softlogic Brokers , but after 3 months of back-and-forth, they kept declining my application for unclear reasons. So I reached out to him. He recommended Senfin Securities instead. I decided to trust it this time — and surprisingly, they got my account set up in just 3 days. Within a week, I was ready to start investing. I waited for my salary, funded the account with 100k as buying power, and made my first moves on 26.03.2026. I bought: HNB JKH ACL Sampath Let’s se...