A nation coming out of three decades of struggle wil provide the biggest opportunities in companies focussed on the domestic sector not exporters. Its the same logic of investing in Infosys for India's growth!WHat are their equivalents of our L&T, BHEL, Nestle, HDFC Bank? Any idea?
Personally I do not like tea companies unless one is betting in and out. Over a period of 5-10 years they underperform the sensex and getting in and out for me is as much luck as skill.
Anyway we need a special topic for Sri Lanks. Is there any dedicated website for any of their stock exchanges or something like we have Moneycontrol or lnks to their top MF holdings (if at all there exists one).
If none of these exist then it is more a case for being bullish.
Originally posted by smartcat
The simplest way of investing in Sri Lanka is in USD via a mutual fund. RBI allows investment of up to $25,000 per person per year (not very sure of the number). |
I doubt if any MF will be able to bet well there the best thing to do will be to buy out their index or put US $ XXX each into their top 50 companies by market cap!!!
Edited by basant - 19/Aug/2009 at 8:20pm
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“ Money talks… but all mine ever says is good-bye.” -Anon 
