MRF 3.17% 6.1¢ mrl corporation ltd

"So from a sovereign risk perspective, at the moment it is akin...

  1. 2,400 Posts.
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    "So from a sovereign risk perspective, at the moment it is akin to a person leaving his house in australia and being eaten by a drop bear."

    Dismissing the sovereign risk inherent in a Sri Lankan based investment as being inconsequential is stretching things just teeny weeny bit ... IMO

    You do not mobilise 63 thousand police to ..... "be deployed at Elections centres, counting centres and would also carry out duties such as patrolling, manning check points and anti-riot squads.” .... if its all is sunshine and rose petals

    http://www.dailymirror.lk/83611/63-000-police-personnel-on-election-duty#sthash.b0yZd48c.dpuf

    and in keeping with the litehearted banter
    It Suggests that there is a slightly more RISK! in Sri Lanka than the average drop bear poses

    The ‘perceived' sovereign risk, real or not, is always an issue, even your statement later in the thread Insaf acknowledges that.
    Sri Lanka has risks that “need" to be understood by the west ..... If the “West” do not understand, as you say they don't .. then that lack of understanding itself forms a large part of the Sovereign Risk that affects an investment

    “[People in the west need to realise a country can still function thru turmoil providing the threats or problems can be contained. As long as SL has international partners - be it the middle east, the west or the east in india or china, it will progress.]"

    People in the west mite need to realise but that does not mean they will ... ergo; RISK



    But But but ... even after all that, Fyi ... I do have a buy sentiment for MRF .... I only trade sort term on any stock so I don't change my “position” (disclosure)

    Cheers & GLTA ..... J
    Last edited by jamesph61: 16/08/15
 
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