Lao Pride Forum - Laos to open stock market

llX

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Re: Laos to open stock market
Reply #15 - 1^st Feb, 2011 at 10:43pm

I try to look it up, but can't find any Lao websites stock. Laos stock market is new and developing. They'll have it later.
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It was looking for a website I could use to track movements on the Lao Stock Exchange that led me to this Lao Pride website. There doesn't seem to be a LSX website or any other place posting current prices. From what I've found out, it's only possible to buy shares by visiting one of the two agencies allowed to sell shares. One is KT-BCEL in Vientiane. It's not possible to trade Lao shares online yet.

Are the daily share prices quoted in the Vientiane Times or the Lao language newspapers?

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Vientiane

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Re: Laos to open stock market
Reply #16 - 2^nd Feb, 2011 at 6:59pm

The Beer Lao Company will be listing on the stock market here soon when they have completed their prospectus and fulfilled the transparency, etc. requirements. So here's a question I have that applies to investing in stocks everywhere. Every time I get in conversations about the new stock market here, I hear people say, "I'm going to buy shares in the Beer Lao company! All Lao people love beer so it can't fail!"

But is this correct as far as stock price is concerned? Certainly, if the company is selling more beer, there is potential for more profit for the company and so better dividends for shareholders. But if everyone thinks it's a great stock, the massive demand for the shares will cause the share price to climb to unrealistic levels (a bubble?), and people buying shares at the inflated prices will lose out when the shares then settle down to a more realistic level. When it comes to making good stock investment decisions, it's not just about the company succeeding in the marketplace, it's more about perceptions of investors. Seems that way to me anyway.

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Party X7 Newbie to Lao Pride Offline Posts: 1 Sikai, Vientiane, Lao PDR Gender: Age: 35	Re: Laos to open stock market Reply #17 - 1^st Mar, 2011 at 10:25am Hi all, i'm Party, i am year 5 student at national university of Lao. i am very interested in stock market, i am trying to find how to buy a bit of share but i cant, i dont know how. can someone help or suggest me thanks for your kindness
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LaoguySoCal

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Re: Laos to open stock market
Reply #18 - 2^nd Mar, 2011 at 11:33pm

Party X7 wrote on 1^st Mar, 2011 at 10:25am:

Hi all, i'm Party, i am year 5 student at national university of Lao. i am very interested in stock market, i am trying to find how to buy a bit of share but i cant, i dont know how.

can someone help or suggest me

thanks for your kindness Roll Eyes

Well I don't know if they have stock brokers or not at this point and if they do have stock brokers where can you contact them.........uhhh lol
frustrating eh! Good luck to you.

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Tee

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Re: Laos to open stock market
Reply #19 - 3^rd Mar, 2011 at 10:20am

Party X7 wrote on 1^st Mar, 2011 at 10:25am:

Hi Party

Welcome to the forum!

Let me explain about the process of buying Stock.
To buy or sell stock you have to go through an agent(we call Stock broker)and you have to pay a small fee. You can also buy and sell through an Internet broker(Usually the fee is less than the normal broker)

if you want to invest, you should learn about it first.
Learn about the Rule and regulation.
learn about the company you want to buy....

You do not buy stock of the company,because of someone said is going to make your money. There are many thing you need to learn...Many things involve and beside, judging from your age,I don't think you can legally own stock yet!

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llX

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Re: Laos to open stock market
Reply #20 - 3^rd Mar, 2011 at 8:22pm

Good advise.

Tee wrote on 3^rd Mar, 2011 at 10:20am:

Party X7 wrote on 1^st Mar, 2011 at 10:25am:

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William Kelley Ex Member	Re: Laos to open stock market Reply #21 - 8^th Mar, 2011 at 8:09am I may not be Lao, but I know an opportunity when I see one. There used to be a thing in the USA called "Penny Stock," and the average Joe could buy stock with out a broker. Those days are gone, at least here. Please keep this thread running. If anyone hears anything new, please post it. Thanks!!!
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William Kelley

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Re: Laos to open stock market
Reply #22 - 8^th Mar, 2011 at 8:11am

Quote:

I may not be Lao, but I know an opportunity when I see one. There used to be a thing in the USA called "Penny Stock," and the average Joe could buy stock with out a broker. Those days are gone, at least here.

Please keep this thread running. If anyone hears anything new, please post it. Thanks!!!

(I may not be Lao = Meaning I hope not only Lao and Lao living abroad can invest. Sorry about any mixed meaning in that last post.)

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Tee

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Re: Laos to open stock market
Reply #23 - 10^th Mar, 2011 at 6:44am

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Penny stock is the most risky stock of all. unless you can afford to lose it. It's just like put your money on the casino table.

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William Kelley

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Re: Laos to open stock market
Reply #24 - 10^th Mar, 2011 at 7:16am

It is risky, yes, but the investment is usually small. Akin to playing the lottery. Only a fool would buy 1000 dollars worth of lottery tickets, yet many people play 5 dollars a week. Not because they think they are going to win big, but because they can afford a small investment, and you can't win if you don't play.

If I were to go to a casino, I wouldn't walk in and bet my life's savings on 00 on the roulette wheel, yet 20 dollars on a piece of stock that looked promising would be another story indeed.

My uncle joking asked me once, "Do you want to know how to make money in the stock market?" I told him, "Yes!"
His answer, "Buy low, sell high." 55555 Grin

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Old Man

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Re: Laos to open stock market
Reply #25 - 10^th Mar, 2011 at 8:13am

The first two stocks to list on the Lao Stock Market seemed to follow a predictable pattern:

1. In the first few days, the stocks rocketed with BCEL going up 200%
2. After around two weeks, some investors started to sell to take their profits.
3. Seeing this, other invested started to panic and more bailed out.
4. As of this moment, both stocks, although still higher than their opening price, have fallen back dramatically and continue to do so.

So far, the investors who bought the stocks when they were near their peaks have lost about 30% of their investment. Those who bought at the start have made around a 100% profit.

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Tee

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Re: Laos to open stock market
Reply #26 - 10^th Mar, 2011 at 8:58am

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if you going to buy just 20 buck of stock, The stock broker fee will eat all your profit plus your investment!

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llX

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Re: Laos to open stock market
Reply #27 - 10^th Mar, 2011 at 6:55pm

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Laos stock double since they open. I want to buy some but can't. You have to buy them at bank in Laos, and there's no Lao stock websites yet. I like this advise "Buy low, sell high."
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llX

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Re: Laos to open stock market
Reply #28 - 10^th Mar, 2011 at 6:57pm

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Wow 100% profits in couple of day nice. I would leave it for long term if I buy Lao stock.
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