Stock Market Investing for Minority Teens & Friends: What does it take to learn and master the Wall Street hustle?

Do you dream of being rich one day? 

And just how do you expect to get to rich status? With a high-paying job, you get after college? 

Well…good luck with that. You’ll be lucky to be able to barely pay your bills and student loans. 

What you should do if you truly want to be rich one day is learn to invest. 

Specifically, you should learn stock market investing. 

The majority of rich people in the U.S. own stocks. 

Why? Because the rich know the game. 

They realize stocks are the number one way to generate wealth passively over time. 

Stocks have made people into millionaires for years! 

There are apps that let you invest as little as $5. So, don’t make excuses. 

Start learning today. 

Go ahead, take a Look inside, and when you’re done, click that Order Now Button below!

Order Now !

How to Rewrite Your Own Story !

 

Exercise Gloves for Weight Lifting, Cycling, Gym, Training,

ATERCEL Workout Gloves for Men and Women, Exercise Gloves for Weight Lifting, Cycling, Gym, Training, Breathable and Snug fit.

About this item

Innovative Palm Design Maximizes Your Grip: We researched how hundreds of people use workout gloves to enhance our ergonomic design, leverage the muscle direction and placement and optimize grip functionality, all to bring you a better glove. The result protects your hands from calluses, reduces friction discomfort, all while still maintaining a strong grip on what you are holding onto.

Unrivaled Comfort: Atercel workout gloves is made of lightweight, breathable and stretchy material to increase flexibility, comfort and fit. Ideal for general workout, weight lifting, exercise, gym training and cycling.

Size for Success: This exercise glove is a snug-fit design. We offer 5 different sizes for you to maximize effectiveness (XSmall: 6.3 to 6.9 inches; Small: 6.9 to 7.5 inches; Medium: 7.5 to 8.1 inches; Large: 8.1 to 8.9 inches; XLarge: 8.9 to 9.6 inches), a great choice for both men and women. Slip your hands into the gloves and adjust the wraps for a personalized fit.

Humanized Design: Atercel workout gloves are designed with a pull loop system for easy removal. A towelling panel on the back of the glove for wiping away sweat, and the soft mesh fabric inside fit the front of the hand to keep your palm cool and dry during the workout.

Your Satisfaction is Our Top Priority: We believe you'll love our workout gloves. If you have any problem with your purchase, we'll be happy to solve it for you. So purchase now to bring your game to the next level.

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Udawalawe Elephant Transit Home – A Safe Haven for Sri Lanka’s Gentle Giants

Nestled on the western boundary of the sprawling 33,000-hectare Udawalawe National Park, the Udawalawe Elephant Transit Home (ETH), also known as the Udawalawe Elephant Orphanage, stands as a sanctuary of hope and healing for orphaned elephant calves. 

Overlooking the tranquil waters of the Udawalawe Reservoir, this remarkable facility plays a pivotal role in wildlife conservation in Sri Lanka.

Feeding Time at Udawalawe Elephant Transit Centre 

How Kewum is Made !

Kewum (කැවුම්) is a beloved sweet treat essential for any celebration in Sri Lanka, and this is how it is prepared during the festival seasons.

 

Lucky Encounter at Sea !

 

උඩ වළවේ වල් අලි - Wild Elephants - Udawalawe - Sri Lanka

 

Red Giants' Legacy !

For two golden decades, from 1958 to 1978, the iconic red buses of the Ceylon Transport Board (CTB) formed the backbone of public transport in Sri Lanka. 

As a nationalized enterprise, the CTB achieved a remarkable feat: at its zenith, it became the world's largest omnibus company, boasting a fleet of approximately 7,000 buses and a dedicated workforce exceeding 50,000 individuals.

 

A Plea for the Preservation of Maduwanwela Walawwa: A Neglected Historical Gem

My recent visit to Maduwanwela Walawwa, a site purportedly steeped in Sri Lankan history, left me with a profound sense of disappointment and concern. 

While the historical significance of the location is undeniable, its current state of disrepair and the restrictive policies in place raise serious questions about the commitment to preserving this heritage for future generations.

The lack of proper maintenance is immediately apparent upon entering the premises. Structures are visibly deteriorating, and a pervasive odor of bats, particularly noticeable on the upper floors, creates an unpleasant and frankly, concerning environment. 

This neglect not only detracts from the visitor experience but also actively contributes to the further decay of the historical fabric of the building.

Adding to the frustration is the inexplicable prohibition of photography and videography within the Walawwa. 

While the desire to protect artifacts is understandable, the complete ban, extending even to recording the guide's narration, feels excessively restrictive. 

This policy is further compounded by the absence of readily available, comprehensive written materials or books for visitors seeking more in-depth information. 

In an age where visual documentation and personal note-taking are commonplace for learning and remembrance, this absence is a significant disservice to those genuinely interested in the site's history and architecture.

Furthermore, the architectural style of Maduwanwela Walawwa struck me as distinctly different from typical Colonial European designs prevalent in Sri Lanka. 

Instead, the construction and layout bore a noticeable resemblance to the architectural traditions of South India. 

Even the attire of the individuals present evoked the imagery of priests from the Orthodox Christian churches of South India, further fueling this observation. 

While I am not a scholar of architecture or history, these impressions were strong and warrant investigation by experts.

It is my firm belief that the controlling authorities must recognize the urgent need for intervention at Maduwanwela Walawwa. 

The current state of neglect is alarming, and without immediate and comprehensive repairs, this historically significant site risks irreversible damage and eventual loss, echoing the fate of its previous extensions.

For those interested in the historical context of Maduwanwela Walawwa:

Historical Significance:

• Long History: Its construction began around the early 1700s during the reign of King Wimaladharmasuriya II, making it a very old and historically significant manor house in Sri Lanka.
• Seat of Power: It was the ancestral home of the powerful Maduwanwela family, with the final expansions undertaken by Maduwanwela Maha Disawe, a prominent regional ruler during the British colonial era (late 19th and early 20th centuries). He was a figure known for his strong personality and even a degree of resistance towards colonial rule.
• Vast Estate: At its peak, the Walawwa was the center of a massive estate spanning approximately 80,000 acres, highlighting the influence and wealth of the Maduwanwela family.
• Witness to Eras: The house has witnessed different periods of Sri Lankan history, from the Kandyan Kingdom through the British colonial era.
• Courthouse within the Grounds: Uniquely, the property includes a courthouse where Maduwanwela Disawe administered justice, with seating for 100 people, original furniture, and even punishment equipment still present.

Architectural Uniqueness:

• Blend of Styles: The architecture showcases a blend of traditional Sri Lankan design with some colonial influences from its later expansions.
• Scale: It was once a sprawling complex with 121 rooms and 21 inner courtyards (though only around 43-47 rooms and 7 courtyards remain today).
• Low Doorways and Entrances: The unusually low doorways and the narrow main gateway were possibly designed to make visitors, especially taller British officials on horseback, dismount and symbolically "bow" as they entered, showcasing a subtle form of anti-colonial sentiment.
• Material Choices: The use of traditional materials like clay (mati) in the walls of such a large structure is notable. Staircases and doorways were constructed using local hardwoods like tamarind, jack, and satinwood.
• Intriguing Floor Tiles: Some believe that Maduwanwela Disawe, known for his dislike of the British, incorporated tiles with images of Queen Victoria and the British pound on the floor so that people would walk over them as a sign of disrespect.
• Indoor Gardens (Meda Midula): The presence of inner courtyards brought nature and ventilation into the heart of the house.

Cultural and Heritage Value:

• Museum: Today, the Maduwanwela Walawwa is maintained by the Department of Archaeology as a museum, preserving its history and allowing visitors to experience a glimpse into the past aristocratic life of Sri Lanka.
• Symbol of a Bygone Era: It represents the grandeur and lifestyle of the local elite during a significant period in Sri Lankan history.
• Stories and Legends: The house is associated with various stories and legends, particularly surrounding the strong personality of Maduwanwela Maha Disawe, often referred to as the "Black Prince" of Sabaragamuwa.

Maduwanwela Walawwa holds the potential to be a compelling testament to Sri Lanka's rich past. 

However, its current state of disrepair and the restrictive policies hinder its ability to educate and inspire. 

I implore the relevant authorities to prioritize the preservation of this historical gem before it is too late. 

Urgent repairs, coupled with a more visitor-friendly approach that encourages learning and documentation, are crucial to ensuring that Maduwanwela Walawwa endures for generations to come.

Let Them Roam Free !

 

Three Simple Retirement Tips for Your Happiness and Health!

Three Simple Retirement Tips for Your Happiness and Health! 

 

Ceylone Tea !

 

Ethical Elephant Encounters !

The Udawalawe Elephant Transfer Home is a facility within Udawalawe National Park in Sri Lanka. The Elephant Transit was established in 1995 by the Sri Lanka Department of Wildlife Conservation. Its primary objective is to rehabilitate orphaned elephant calves for ultimate release back into the wild.

The Born Free Foundation (www.bornfree.org.uk) supports this complex as a halfway house for orphaned elephants. After rehabilitation, the elephants are released back into the wild, many into the Uda Walawe National Park. 

 

Pissing Like a Cow !

 

Master Your Finances Together !

 

The U.S. Tariff Hike and Sri Lanka’s Economic Challenges

The recent imposition of a 44% U.S. tariff on Sri Lankan exports, particularly apparel, poses significant risks to the country’s economy.

This tariff hike intensifies Sri Lanka’s economic challenges, but strategic diversification, cost optimization, and diplomatic engagement could mitigate losses.

Here’s an analysis of the impacts and strategic responses:

Immediate Economic Impact

1. Threat to Apparel Industry Dominance

The U.S. accounts for 23–40% of Sri Lanka’s total exports, with apparel making up 70% of these exports (valued at around $3 billion in 2024).

The tariff hike from 12.2% to 44% risks making Sri Lankan garments uncompetitive in price-sensitive U.S. markets, potentially reducing orders and export earnings.

300,000 direct jobs in the apparel sector are at risk, along with indirect impacts on allied industries.

2. Foreign Exchange and Macroeconomic Pressures

Reduced export income could strain Sri Lanka’s foreign exchange reserves, critical for debt repayment and imports.

Higher costs for U.S.-imported machinery and medical equipment may disrupt domestic industries and healthcare.

3. Compounded Vulnerabilities

Sri Lanka’s existing para-tariffs (e.g., port levies) already raise costs for non-BOI businesses, worsening competitiveness.

The crisis intersects with ongoing IMF-led reforms and recovery from the 2022–2023 economic collapse.

Short-Term Mitigation Strategies

1. Diplomatic Negotiations

A high-level delegation will meet U.S. officials in May 2025 to seek tariff exemptions or reductions, leveraging Sri Lanka’s IMF reform progress and humanitarian concerns.

Advocate for ethical trade recognition, emphasizing Sri Lanka’s compliance with labor and sustainability standards.

2. Immediate Export Diversification

Leverage EU’s GSP+ scheme: Duty-free access for around 6,200 products could offset U.S. market losses.

Accelerate talks with India, China, and ASEAN nations to secure new trade partnerships.

3. Industry Support Measures

Provide export incentives and low-interest loans to apparel firms to absorb tariff shocks.

Implement minimum input pricing and energy subsidies to reduce production costs.

Long-Term Structural Reforms

1. Market Diversification

Prioritize regional trade agreements with Malaysia, Japan, and Middle Eastern nations to reduce U.S. dependency.

Expand into niche markets (e.g., sustainable/technical textiles) to enhance value addition.

2. Operational Efficiency

Invest in automation and digital supply chains to lower production costs and improve competitiveness.

Reform para-tariffs and simplify customs to create a transparent trade framework.

3. Ethical Branding and Sustainability

Certify factories under global sustainability benchmarks (e.g., ISO 14001) to attract ethically conscious buyers.

Promote Sri Lanka as a “responsible sourcing” hub through international marketing campaigns.

4. Workforce and Policy Resilience

Retrain displaced workers for emerging sectors like IT and tourism.

Establish a data-driven tariff review mechanism to align trade policies with global shifts.

Government Response

A cabinet-appointed committee is analyzing the tariff’s impacts, while the Foreign Ministry pledges “steady diplomacy” to protect economic interests.

Plans for a revised national tariff policy aim to stabilize raw material costs and attract foreign investment.

The U.S. tariff hike intensifies Sri Lanka’s economic challenges, but strategic diversification, cost optimization, and diplomatic engagement could mitigate losses.

Success hinges on balancing immediate relief with structural reforms to build long-term resilience.

How to Reduce Your Carbon Footprint !

Invitation to Comment !

Learn to Live with Dualities in Life !

https://kingsasankadesilva.blogspot.com/p/invitation.html

The Fall at its Best !

 

Sustainable Urban Living Through Water Retention

 

A Spark of Kindness on the Night Highway

The humdrum of a late-night highway journey, often punctuated by the mechanical exchange at toll booths, was unexpectedly transformed into a moment of genuine warmth. 

As we merged onto the highway from Athurugiriya last night, a simple act of kindness illuminated the darkness.

The toll booth attendant, with a sincere smile, offered a heartfelt "goodnight" alongside the slip and the raised barrier. 

This seemingly small gesture, a departure from the routine, resonated deeply. In a world often characterized by transactional interactions, this human touch stood out as a beacon of positivity.

Such moments, though rare, underscore the profound impact of simple courtesy. 

It serves as a gentle reminder that even in the most mundane of tasks, human connection can flourish. 

This individual's act of grace is not merely a pleasant anecdote, but a testament to the power of a positive attitude.

It is our earnest hope that this spark of kindness proves infectious, spreading not only amongst fellow highway workers but across the broader Sri Lankan community. 

In a nation striving for progress and harmony, such genuine expressions of goodwill serve as a vital catalyst. 

Let us all, in our own spheres, endeavor to cultivate this spirit, fostering a culture where empathy and kindness are the norm, not the exception.

Five Easy Declutter Hacks !

 

Three Insane Hacks with No Gym Equipment

 

Walk in the Park !

 

A Simple Trick to Improved Insulin Sensitivity

 

Cooling Rice: A Simple Trick for Improved Insulin Sensitivity

Cooling cooked rice after cooking increases its resistant starch content through a process called starch retrogradation, which can help mitigate blood sugar spikes.

Here's a breakdown of the evidence:

Mechanism of Resistant Starch Formation

Cooling cooked rice (especially refrigeration) causes starch molecules to reorganize into a crystalline structure that resists digestion in the small intestine. This retrograded starch acts as resistant starch (RS), which:

• Slows carbohydrate absorption, reducing rapid blood glucose spikes.
• Ferments in the colon, producing short-chain fatty acids (SCFAs) that improve insulin sensitivity and glucose metabolism.

Impact on Blood Sugar Control

1. Clinical Studies:
• In type 1 diabetes patients, cooled rice (refrigerated for 24 hours) caused lower postprandial glucose peaks (9.9 vs. 11 mmol/L) and shorter time to peak compared to fresh rice.
• A similar effect was observed in healthy individuals, with cooled rice lowering glycemic response by ~18%.
• Meta-analyses confirm RS reduces fasting glucose and insulin resistance (HOMA-IR) in both diabetic and non-diabetic populations.
2. Key Factors:
• Dosage: Effects are stronger with ≥28 g/day of RS.
• Storage Duration: Longer cooling (e.g., 24 hours at 4°C) increases RS content more than shorter periods.
• Reheating: While reheating may slightly reduce RS content, cooled rice still retains benefits compared to fresh rice.

Practical Considerations

• Hypoglycemia Risk: Cooled rice may increase hypoglycemic episodes in insulin-dependent individuals due to slower glucose release.
• Other RS Sources: RS type II (e.g., from potatoes, legumes) and type III (retrograded starch) are more effective than RS type I (found in whole grains).

Because cooling rice enhances resistant starch formation, which can help stabilize blood sugar by slowing carbohydrate absorption. 

While the evidence is strongest for type II and retrograded starch, refrigerated rice remains a practical dietary strategy for managing glycemic responses.

Ultimate Bucket List ?

 

Error Detection Fast - Excel Tricks

 

Famous Princeton Steps !

 

Under the Watchful Eyes of Mother Kali !

 

Harnessing the Power of Senior Voters: A Call for Unity and Action

As the world progresses, the voice of senior citizens has become increasingly pivotal, particularly in shaping the future of our communities and countries. An impressive 12% of a nation's population is composed of seniors—an influential demographic that, when mobilized, can wield significant power at the ballot box. Yet, the question remains: how can we effectively rally this crucial voter base?

The answer lies in recognizing the inherent value of our collective experience and wisdom. Seniors have a unique perspective shaped by years of struggle, resilience, and triumph. This depth of understanding can be a powerful tool in encouraging our children and even our grandchildren to engage in the electoral process. By sharing our stories and experiences, we can inspire the younger generation to recognize the importance of their vote, fostering a sense of responsibility that transcends political affiliations.

Furthermore, our efforts must be focused on unity. In a time when political divisions seem to grow wider, we must approach this initiative with a non-partisan spirit. The goal is not to advance a particular political agenda, but rather to emphasize the significance of participation in democracy itself. When we come together as seniors—regardless of our individual beliefs—we amplify our message: our voices matter, and they deserve to be heard.

This collective action can have profound implications. When senior voters stand together, our numbers become undeniable. Political leaders cannot afford to overlook a demographic that makes up such a significant portion of their constituency. By ensuring that our voices resonate through the halls of power, we can influence policies that not only benefit seniors but also create a better future for all generations.

To achieve this, we must invest time and effort into organizing initiatives that foster awareness and engagement within our community. Community gatherings, informational workshops, and intergenerational discussions can serve as vital platforms for sharing knowledge and encouraging political participation. Additionally, leveraging social media and local news outlets can help broaden our reach, allowing us to engage even those who may feel disenfranchised.

In conclusion, as seniors, we possess the ability to shape the future of our society. By mustering our collective strength and encouraging the younger generations to follow suit, we can make an indelible mark on the democratic process. Let us move forward with purpose—together, without political bias—and demonstrate the power of unity in action. When we unite our voices as a significant force, we ensure that no one can afford to ignore us. 

Our moment is now.

What id Double Heads & Shoulder Pattern ?

 

What is a Closed - End Fund (CEF) ?

A closed-end fund (CEF) is an investment company that raises capital through a single initial public offering (IPO) of a fixed number of shares, which are then traded on stock exchanges like ordinary stocks. 

Unlike open-end mutual funds or ETFs, CEFs do not issue new shares or redeem existing ones after the IPO.

Key Features

1. Structure:

   • Fixed capital base: Shares are issued once during the IPO and traded in secondary markets.

   • No ongoing capital flow: Investors buy/sell shares from other investors, not directly from the fund.

2. Pricing:

   • Shares trade at a premium or discount relative to their net asset value (NAV), influenced by market demand and supply.

3. Investment Flexibility:

   • Leverage: CEFs often use borrowed money (e.g., preferred stock or debt) to amplify returns, increasing volatility.

   • Illiquid assets: Can invest in less liquid securities (e.g., small-cap stocks, municipal bonds) due to no redemption pressure.

4. Management:

   • Active management: Portfolios are typically managed by professionals targeting specific sectors, regions, or strategies.

Comparison with Open-End Funds

Feature	Closed-End Fund	Open-End Fund
Share Issuance	Fixed number via IPO; no new shares issued	Continuously issues/redeems shares
Trading	On stock exchanges (market price)	Directly with the fund (NAV price)
Liquidity	Depends on market demand	The fund maintains liquidity reserves
Leverage Use	Common (e.g., debt, preferred shares)	Rarely used

Types of Closed-End Funds

• Equity funds: Focus on stocks (e.g., global equities).

• Bond funds: Invest in corporate or municipal bonds.

Their structure allows for niche strategies but requires investors to monitor premiums/discounts and leverage risks.

Why Were They Stranded on the ISS for Nine Months ?

 

What is Double Heads & Shoulder Pattern ?

The term "double heads and shoulder pattern" does not exist in standard technical analysis literature. However, based on the context of chart patterns and the query, it likely refers to either multiple head and shoulder formations or a misinterpretation of established patterns.

Below is an explanation of the closest related concepts:

Head and Shoulders Pattern

This is a well-documented bearish reversal pattern that signals a potential shift from an uptrend to a downtrend. Key components include:
Left Shoulder: Initial peak followed by a pullback.
Head: Higher peak than the left shoulder.
Right Shoulder: Lower peak than the head, forming a "shoulder" similar to the left.
Neckline: A horizontal or sloping line connecting the troughs between the shoulders.

A confirmed breakdown below the neckline, often with rising volume, suggests a bearish reversal.

Double Top Pattern

A double top is a distinct bearish reversal pattern where two consecutive peaks reach similar highs, separated by a trough. It lacks the "shoulder" structure but shares similarities with head and shoulders in signalling trend exhaustion.

Inverse Head and Shoulders (Bullish Reversal)

This pattern mirrors the head and shoulders but forms in downtrends, signalling a potential bullish reversal. It features three troughs (two "shoulders" and a lower "head") with a neckline acting as resistance.

Key Implications

Bearish Head and Shoulders: Indicates weakening upward momentum, with a confirmed breakdown below the neckline suggesting a downtrend.
Inverse Head and Shoulders: Signals a potential uptrend reversal if the price breaks above the neckline.

Double Top: Suggests resistance at the peak level, often leading to a downtrend.

Why "Double Heads and Shoulders" May Be Confused

The term might confuse multiple head-and-shoulders formations (rare and not a standard pattern) or misinterpret the double top as part of a head-and-shoulders structure. Always verify patterns using established criteria, such as neckline alignment and volume confirmation.

For clarity, focus on head and shoulders, inverse head and shoulders, or double top patterns, which are widely recognized and validated in technical analysis.

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How To Repair Your Own Body ?

 

The Bystander Effect: A Reflection on Selfishness in Everyday Situations

This morning, my visit to a nearby supermarket known for its fresh produce became an unexpected commentary on human behaviour in our society. The store was packed with shoppers, all there for the same reason: to purchase high-quality vegetables. As I stood in line, it quickly became evident that we were all in for a long wait because only one weighing station was operational.

Despite the growing crowd and mounting frustration, the staff did not immediately take action to alleviate the situation. My hopeful gaze searched for someone in charge, and when I finally spotted the floor manager, I decided to take proactive measures. I approached her and expressed my concern about the need to open an additional weighing station.

To her credit, she immediately directed one of her staff members to open an unstaffed station. However, as soon as her instructions were given, an unexpected reaction occurred: a man who had been idly standing in line rushed to claim his place at the newly opened station, disregarding the common courtesy of allowing others to proceed first.

This incident encapsulates a troubling trend I have observed—not just in this supermarket, but in various facets of daily life in our country. The bystander mentality seems to prevail, where individuals choose to remain passive in the face of inefficiency or inconvenience. Rather than taking initiative or demonstrating consideration for those around them, many people appear to be focused solely on personal gain.

Such behaviour raises questions about our societal values and the sense of community we uphold. Instead of working together to improve situations for everyone, there is often a perception that it is every person for themselves. This lack of common courtesy and unwillingness to act positively contributes to the stagnation we see in our nation—a cycle of underdevelopment that seems hard to break.

Ultimately, our collective growth depends on each individual’s willingness to take responsibility, not only for their own needs but also for the well-being of others. While the instantaneous gratification of seizing an opportunity may provide short-term benefits, it undermines the long-term development of community spirit and collaboration, which are essential for any society to thrive.

As we navigate daily challenges, let us strive to cultivate an environment where we support one another, engage actively in problem-solving, and display the kind of courtesy that fosters growth and progress for all. Only then can we hope to overcome the barriers holding our country back and envision a brighter, more connected future.

Holy Cross National Shrine - Marawila ! ශ්‍රී කුරුස ජාතික සිද්ධස්ථානය - මාරවිල.

 

Nothing is Too Big in the Air !

 

Nation Trust X vs Nation Trust N Shares

Why are Nations Trust Bank of Sri Lanka's X shares (NTB.X0000) more expensive than its N shares (NTB.N0000), despite the general trend where X shares are typically cheaper than N shares?

Let’s break this down based on available knowledge and reasoning.

In the context of the Colombo Stock Exchange (CSE), where Nations Trust Bank PLC is listed, the designations "X" and "N" typically refer to different classes of shares. Specifically:

N shares (NTB.N0000) are ordinary voting shares, which grant shareholders voting rights at company meetings and are the standard equity class for most listed companies.
X shares (NTB.X0000) are typically non-voting shares, meaning they do not carry voting rights but still entitle holders to dividends and a share of the company’s profits.
Globally, non-voting shares (like X shares) are often priced lower than voting shares (like N shares) because voting rights add a premium—investors value the ability to influence company decisions. However, in the case of Nations Trust Bank, you’ve observed that the X shares are more expensive than the N shares, which is an anomaly worth exploring.

Possible Reasons for the Price Difference

Market Demand and Liquidity:

The price of shares is heavily influenced by supply and demand dynamics. If NTB.X0000 (non-voting shares) has lower liquidity—meaning fewer shares are available for trading or there’s higher demand from specific investors (e.g., institutional buyers or foreign investors)—their price could be driven up relative to NTB.N0000. Non-voting shares might appeal to investors focused solely on dividends rather than governance, potentially increasing demand in certain market conditions.
Conversely, if NTB.N0000 (voting shares) has higher supply or lower demand, their price could lag behind.

Dividend Policy Perception:

Both X and N shares typically entitle holders to the same dividends per share, as they represent equal economic ownership in the company (just differing in voting rights). However, if investors perceive that the non-voting X shares are a "safer" bet for dividend income—perhaps due to historical payout consistency or a belief that voting rights are less relevant for a stable bank like Nations Trust—the X shares could command a premium.

Ownership Structure and Control Premium:

Nations Trust Bank has significant institutional shareholders, such as John Keells Holdings and Central Finance Company PLC. Voting shares (N) are often concentrated in the hands of such major stakeholders who prioritize control. If these entities hold a large portion of NTB.N0000, the free float (shares available for public trading) might be smaller, but the demand for voting power might not be as high among retail investors. Meanwhile, X shares, being non-voting, might see higher trading interest from investors uninterested in control, pushing their prices up.

Market Sentiment or Speculation:

Specific market conditions or speculative trading could temporarily distort the usual pricing relationship. For instance, if there’s speculation about a potential buyback, merger, or dividend hike, investors might pile into X shares, expecting to benefit from capital gains or income without needing voting rights, thus inflating their price.

Historical Issuance and Pricing:

The initial issuance price or subsequent corporate actions (e.g., rights issues, bonus issues) could have affected the relative pricing of X and N shares. If X shares were issued at a higher base price historically or adjusted differently over time, this could contribute to the current pricing anomaly.

Regulatory or Structural Factors:

In Sri Lanka, the CSE allows companies to issue non-voting shares to raise capital without diluting voting control. If Nations Trust Bank issued X shares during a period of high market optimism or at a premium to attract specific investors (e.g., foreign funds restricted from holding voting shares), this could have set a precedent for their higher valuation.

Nations Trust Bank is a well-established commercial bank in Sri Lanka, known for its stability and consistent performance. Its third-quarter 2023 results, for example, showed significant year-over-year growth, with net income rising 46.48% despite a revenue drop, indicating strong profitability. This could bolster demand for both share classes, but the X shares might be particularly attractive to income-focused investors who don’t need voting rights, especially in a stable entity where governance changes are less of a concern.

The Ocean has No Memory 1

 

Tale of Coexistence - Human & Elephants

 

Can a Suntan be Bought ?

 

The Legacy of the " Batalanda " Commission in Sri Lanka

In the complex landscape of Sri Lankan politics, the Batalanda detention centre remains a notorious symbol of human rights violations that occurred during the late 1980s. Allegations of torture and inhumane treatment have been widely discussed and investigated, particularly by the Batalanda Commission, established in 1994 under then-President Chandrika Kumaratunga. Despite its findings implicating several political figures, including Ranil Wickremesinghe, no formal charges have been filed, leading to a longstanding debate about accountability and political responsibility.

The Historical Context

The Batalanda detention centre became synonymous with allegations of severe human rights abuses during the period of the Janatha Vimukthi Peramuna (JVP) insurrection. The commission, officially known as the Commission of Inquiry into the Establishment and Maintenance of Places of Unlawful Detention and Torture Chambers at the Batalanda Housing Scheme, was tasked with uncovering the extent of these abuses. Chaired by Justice Dharmasiri Jayawickrema, with Justice Nimal Dissanayake as a member, the commission's objective was not only to investigate but also to recommend actions to ensure such violations would not be repeated.

On March 27, 1998, the commission handed its findings to President Kumaratunga, which notably called for accountability measures against key political players, including Wickremesinghe. However, this recommendation was met with political hesitation. The absence of subsequent legal actions has raised questions about the intersection of law and politics in Sri Lanka, highlighting the complexities of holding powerful individuals accountable.

The Role of Political Considerations

President Kumaratunga's inaction has often been interpreted through a political lens. Despite the commission's recommendations, her decision to forgo legal action against Wickremesinghe suggested a strategy aimed at preserving political stability. The reluctance to press charges against an opposition leader, particularly one with significant influence, points to the challenging dynamics of Sri Lankan politics where personal rivalries and political survival often supersede legal imperatives. The political fallout from potential prosecutions could have deepened divisions within a country still grappling with its turbulent past.

Legal Framework and Challenges

Despite the findings of the Batalanda Commission, pursuing legal accountability for former officials poses significant challenges. In Sri Lanka, presidential immunity shields former leaders from prosecution for actions taken while in office, complicating the pursuit of justice for human rights violations. Additionally, the statute of limitations on many criminal offences can prevent any meaningful legal response long after the events have transpired.

Further complicating the situation is the notion of criminal liability for omission. Determining whether a legal obligation existed and whether failure to act resulted in harm is fraught with legal intricacies, particularly concerning a past president's decisions.

While public interest litigation could provide a route for addressing grievances and calling for accountability, it often focuses more on the processes of governance rather than directly holding individuals accountable for historical injustices.

Moving Forward: Lessons and Solutions

Rather than exhausting resources on futile legal battles, there is an opportunity for contemporary Sri Lankan governance to focus on learning from the findings of the Batalanda Commission and similar reports. The emphasis must shift toward drafting effective policies that address the root causes of political misconduct and human rights violations.

Such an approach could help restore public confidence in the political system and enhance Sri Lanka's standing in the international community. By proactively working to prevent future abuses and ensuring transparency in governance, the government can foster a more just society.

The legacy of the Batalanda Commission serves as a reminder of the delicate balance between justice and political expediency in Sri Lanka. As the country reflects on its past, it faces a crucial decision: to perpetuate cycles of blame and inaction or to embrace a forward-thinking agenda that prioritizes accountability, rectifies historical wrongs, and advocates for the protection of human rights. This path not only honours the victims of past injustices but also empowers future generations to hold their leaders to account.

Remember that the phrase "no one is guilty until proven guilty" reflects the legal principle of presumption of innocence, which states that everyone is deemed innocent of a crime until proven guilty in court.

The onus is now on the parties stoking the flames to gain political mileage to either establish in a Sri Lankan court of law that the man dubbed the Batalanda Murderer is the one, or to stop pounding a dead horse.

Empowerment of Her Celebrate Women's Achievements

The Battle of the GOLD !

 

The Echo Chamber of Surveillance: Are We Being Listened To?

In today's digital age, the line between privacy and surveillance is increasingly blurred. Recent experiences have left me wondering: are our conversations being monitored, and if so, by whom and for what purpose? This phenomenon is not limited to mobile phones; it seems to permeate various aspects of our lives, including online interactions and even our cars. Let's delve into the world of surveillance and explore how it affects us, whether it's for security or commercial reasons, and how we can potentially turn this trend to our advantage.

The Surveillance Landscape

Mobile Phones and Surveillance

Mobile phones are a prime target for surveillance. Technologies like StingRay devices can mimic cell towers, intercepting data and communications from nearby phones without users' knowledge. Additionally, cellphone spying software can monitor conversations, texts, and even activate microphones remotely. However, these methods are typically used by law enforcement or require physical access to the device.

Online and App Surveillance

The experience of discussing something and then seeing related ads online is common. This is often attributed to algorithms tracking online behaviour rather than actual eavesdropping. Apps like Facebook and Instagram use data from your online activities to tailor ads, but they generally do not engage in active listening through your device's microphone unless explicitly permitted by the user.

The Toyota Aqua Incident

My recent experience with the Toyota Aqua engine tune-up video turning up after a conversation with my mechanic regarding the same issue a couple of minutes ago might seem like eavesdropping, but it's more likely a result of online algorithms and data collection. If you were discussing this topic near your phone or computer, it's possible that your device picked up on the conversation indirectly through ambient noise or nearby searches. However, this is not a direct form of eavesdropping but rather a sophisticated use of data to personalize content.

Landlines and Surveillance

Landlines are less susceptible to modern surveillance methods compared to mobile phones and online platforms. However, they can still be tapped with legal authorization, typically for security reasons. The likelihood of widespread, unauthorized surveillance of landline conversations is low due to legal restrictions and the complexity of such operations.

Security vs. Commercial Purposes

Surveillance for security reasons is generally understood and accepted as a necessary measure to ensure public safety. However, when surveillance is used for commercial gain, it raises ethical concerns. Companies use data to target ads, which can sometimes feel intrusive or like eavesdropping. Understanding how this data is collected and used can help consumers make informed decisions about their privacy settings.

Turning the Tables

If you're comfortable with the idea of being monitored for commercial purposes, you can leverage this trend to your advantage:

Personalized Content:

By allowing targeted ads, you might discover products or services that genuinely interest you, saving time and effort in finding relevant information.

Data Literacy:

Educate yourself on how data is collected and used. This knowledge can help you manage your privacy settings more effectively and make informed choices about which apps and services you use.

Privacy Settings:

Regularly review and adjust your privacy settings on devices and apps to control how much data you share.

Surveillance for Good: If surveillance is used for security purposes, it can contribute to a safer environment. Supporting transparent and regulated surveillance practices can ensure that these tools are used responsibly.

Though, while it might feel like we're being listened to, most instances are likely due to sophisticated data collection and algorithmic targeting rather than direct eavesdropping. By understanding how surveillance works and managing our digital footprint, we can navigate this complex landscape with greater awareness and control. Whether for security or commercial reasons, the key is transparency and responsible use of surveillance technologies.

Prince of Wales College, Moratuwa: A Legacy of Dual Mottos

Prince of Wales College in Moratuwa, Sri Lanka, stands out as a unique educational institution with a rich history and a distinctive feature: it is the only school in the country with two mottos, "Ich Dien" and "Nihil per Saltum." These mottos not only reflect the school's values but also highlight its historical connections and linguistic heritage.

History of Prince of Wales College

Founded in 1876 by Sir Charles Henry de Soysa, a renowned philanthropist, Prince of Wales College was named in honour of Prince Albert, Prince of Wales, following the visit of the then Prince of Wales (Edward VII) to Colombo in 1875. The school has since become a prominent educational institution in Sri Lanka, known for its academic excellence and achievements in sports, particularly cricket and rowing.

The Mottos: "Ich Dien" and "Nihil per Saltum"

"Ich Dien" is of German origin, meaning "I serve." This motto is historically associated with the British Royal Family, specifically the Prince of Wales, as it was used by the Black Prince, Edward, Prince of Wales, in the 14th century. This German phrase reflects the historical connections between the British monarchy and German nobility, as many British monarchs have had German ancestry.

"Nihil per Saltum" is Latin, for"Not at a leap" or "Nothing by leaps." This motto emphasizes gradual progress and steady effort, reflecting the school's commitment to constant and consistent development. It was introduced by former principal Mr. Mendis.

The Principal Mendis who introduced the second motto, "Nihil per Saltum," to Prince of Wales College, Moratuwa, is J. G. C. Mendis. He served as the principal from 1896 to 1917.

Significance of the Dual Mottos

The dual mottos of Prince of Wales College highlight the school's commitment to service and gradual progress. They symbolize the institution's values of dedication, perseverance, and excellence. The use of both German and Latin phrases underscores the school's connection to historical and linguistic traditions that have shaped its identity.

Prince of Wales College in Moratuwa is not only a prestigious educational institution in Sri Lanka but also a symbol of cultural and historical richness. Its unique dual mottos, "Ich Dien" and "Nihil per Saltum," reflect the school's commitment to service, gradual progress, and excellence, while also highlighting its connections to both German and Latin linguistic heritages. This distinctive feature sets Prince of Wales College apart as a school with a deep understanding of its historical roots and a strong vision for the future.