Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» PAN ASIA POWER
by Nuwan Samarawickrama Today at 10:33 am

» lOFC definitely will hit 6/-
by sanjulanka Today at 10:15 am

» Keep eye on Politics
by Yahapalanaya Today at 9:12 am

» Triple Top Reversal pattern
by Yahapalanaya Today at 8:59 am

» Aluf will be better
by wisdom79 Today at 8:50 am

» Stop promoting garbage. Don’t get deceived.
by wisdom79 Today at 8:46 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Today at 7:28 am

» RICH is not bad @ 9/-
by Teller Today at 3:18 am

» BFN බොරු සෙලින් දාලා කොහොම හරි 11 වගේ ගානට 500000 එකතු කරගන්න කියලා අර 14 ට ලක්ශයක් සෙලින් දැම්මේ මේ ටේලර් මහත්තයාම තමයි
by Teller Today at 3:16 am

» Be careful with HVA and LITE
by Teller Today at 3:11 am

» WATA future looks good
by Teller Yesterday at 10:00 pm

» If i am the EPF buyer,I will go for PLC
by Teller Yesterday at 9:59 pm

» LLUB Pattern reversed. Good buy @60, target +20%
by Teller Yesterday at 9:58 pm

» THE CURSE ON JKH
by Teller Yesterday at 9:04 am

» Why we should buy AEL.N0000…?
by Miss-Sangeetha Yesterday at 7:45 am

» The Curse Of AEL
by Yahapalanaya Tue Jun 18, 2019 11:06 pm

» Senthilverl Drives Sri Lanka Stock Market Turnover to hit Rs.2 billion
by Yahapalanaya Tue Jun 18, 2019 11:03 pm

» 8 Finance companaies to be closed very soon
by samaritan Tue Jun 18, 2019 8:52 pm

» Copreus (Pvt) Ltd - Need some Information
by Copreus Tue Jun 18, 2019 12:44 pm

» BALA can come down to 9/-
by Teller Tue Jun 18, 2019 12:27 am

» MARKET UP......BUT BFL....GRAN....TAFL......
by Trader321 Mon Jun 17, 2019 4:31 pm

» TAFL - GOLDEN EGG IN POULTRY SECTOR
by Trader321 Mon Jun 17, 2019 4:29 pm

» MGT.N0000 & TJL.N0000 keep eye.
by Trader321 Mon Jun 17, 2019 3:58 pm

» TAFL.N000 / GRAN.N0000
by Trader321 Mon Jun 17, 2019 3:57 pm

» Market will test 4700
by karuna2 Mon Jun 17, 2019 1:08 pm

» Loss-making stockbrokers may not last six months
by Miss-Sangeetha Mon Jun 17, 2019 12:51 pm

» Those who are having SUGA And HDEV (Hotel Developers)coming week you all can excpect Good News to come
by Capton KIng Cool Mon Jun 17, 2019 12:25 pm

» ECL wAS 2.8 Last week Today 4.7 .Whats Next? Acme?
by Capton KIng Cool Mon Jun 17, 2019 9:02 am

» IDL IDL IDL
by Teller Sat Jun 15, 2019 6:18 pm

» Look APLA its trending to 98LKR
by Teller Sat Jun 15, 2019 2:24 am

» SAMP Oversubscribed?
by Teller Sat Jun 15, 2019 2:13 am

» Apple Lost Sales in Europe to Chinese Firms Ahead of US Huawei Crackdown
by Teller Sat Jun 15, 2019 1:44 am

» Market is On The Rise.Market PER 8.5, EPF Has entered the market curently they are buying AEL (Access Enginering)There'r lot of counters. Rich,TkyoAsir,Amsl,Osea.CINV.EXPO,JINS and Tyre.good luck
by wisdom79 Fri Jun 14, 2019 7:55 pm

» NEXT RUN People's leasing and Finance WAIT AND WATCH ENJOY RIDE..
by ddrperera Thu Jun 13, 2019 9:25 pm

» EPF Investment in Unquated copmanies .Who is responsible Previous Centeral Bank Governer and Former Regime.
by Capton KIng Cool Thu Jun 13, 2019 9:05 am

» PDL (Property Development)
by Capton KIng Cool Thu Jun 13, 2019 8:51 am

» EAST Steady at 18
by Cricketman Thu Jun 13, 2019 5:28 am

» Guys what happen these days
by Yahapalanaya Thu Jun 13, 2019 2:29 am

» its right time to buy PHAR@700
by Teller Thu Jun 13, 2019 12:50 am

» Look PAP Amazing company
by Teller Thu Jun 13, 2019 12:46 am

» Sri Lanka stocks end at near 1-month high on local buying; rupee gains
by Teller Thu Jun 13, 2019 12:33 am

» Maharaja ASI
by karuna2 Wed Jun 12, 2019 9:36 pm

» From 10th Onward no more Phillip only Asha securities lts before login go to setting and remove phillip and aply then it will work Good luck
by Yahapalanaya Wed Jun 12, 2019 5:25 pm


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » CSE from Dawn of Peace to Rebirth of Terrorism

CSE from Dawn of Peace to Rebirth of Terrorism

Go down  Message [Page 1 of 1]

Quibit

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The two ASI movement charts below will explain how country economy has moved during last 10 years.

First chart show the ASI movement during the period from the death of Velupulle Prabakaran and dawn of peace 2009 upto January 2015 in which President Sirisena took over the country after winning the Presidential electionwith Mahinda Rajapakse. As you can see market has gained significantly during this period backed by stong economic fundamentals. All Share Price index performed exceptionally well, high corporate earning resulting from lower inflation and low borrowing costs. Exchange rates were well managed. Simply to say Mahinda Rajapakse not only handed over a peaceful country to Maithripala Sirisena, but he also a prosperous country with a booming economy and a vibrant stock market.

CSE from Dawn of Peace to Rebirth of Terrorism Screen10


Now look at the second chart below. This simply indicate the economic mismanagement during the period of the President Sirisens's government which is still not over. Government under the pretext of Yahaplanaya blatantly mismanaged the economy resulting in destruction of the strong economy that was handed over by Present Rajapakse in 2015. Short sighted economic and fiscal policies resulted in lower corporate earnings, high inflation, high borrowing cost and significant devaluation of the rupee during this period. End result of this action was the crashing stock market. From a high of 7000 ASI now down to 5000 levels. The turn of events in April 2019 simulate the scenario opposite to the dawn of peace in 2009. Question is where is the bottom and what would be the ultimate consequences of rebirth of terrerism to the performance of the stock market and ASI.

CSE from Dawn of Peace to Rebirth of Terrorism Screen11

My personal view is ASI is likely to get close to the level of 2009 unless something good happens before 2021.

mark

mark
Expert
Expert
I guess it wil reach 5000 levels in mid term and boune back, if terrorism prevails, then 4500 will be easily broken.
My gieve is about epf holding the bra without letting boobs come down, lets

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@mark wrote:I guess it wil reach 5000 levels in mid term and boune back, if terrorism prevails, then 4500 will be easily broken.
My gieve is about epf holding the bra without letting boobs come down, lets
Here +rep

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Quibit wrote:The two ASI movement charts below will explain how country economy has moved during last 10 years.

First chart show the ASI movement during the period from the death of Velupulle Prabakaran and dawn of peace 2009 upto January 2015 in which President Sirisena took over the country after winning the Presidential electionwith Mahinda Rajapakse. As you can see market has gained significantly during this period backed by stong economic fundamentals. All Share Price index performed exceptionally well, high corporate earning resulting from lower inflation and low borrowing costs. Exchange rates were well managed. Simply to say Mahinda Rajapakse not only handed over a peaceful country to Maithripala Sirisena, but he also a prosperous country with a booming economy and a vibrant stock market.

CSE from Dawn of Peace to Rebirth of Terrorism Screen10


Now look at the second chart below. This simply indicate the economic mismanagement during the period of the President Sirisens's government which is still not over. Government under the pretext of Yahaplanaya blatantly mismanaged the economy resulting in destruction of the strong economy that was handed over by Present Rajapakse in 2015. Short sighted economic and fiscal policies resulted in lower corporate earnings, high inflation, high borrowing cost and significant devaluation of the rupee during this period. End result of this action was the crashing stock market. From a high of 7000 ASI now down to 5000 levels. The turn of events in April 2019 simulate the scenario opposite to the dawn of peace in 2009. Question is where is the bottom and what would be the ultimate consequences of rebirth of terrerism to the performance of the stock market and ASI.

CSE from Dawn of Peace to Rebirth of Terrorism Screen11

My personal view is ASI is likely to get close to the level of 2009 unless something good happens before 2021.
Every citizen is suffering.earlier it was financially.now it is socially.

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics
Bottom of the barrel we have seen in 2009 was around ASI 2500 level. If we consider 2019 April ASI 5000 as the beginning of the bottom, then at 20% retracement ASI should fall to 4000 level. Lets keep our fingers crossed and see where the market is going to end. EPF blood money seems to have saved the market from imminent fall to these level.

Its quite obvious why EPF targeted one of the most capitalized company in the CSE to control the market. I am not surprised if EPF buys shares of JKH, SLT and other highly capitalized companies so that it could hold the ASI with minimum investment and minimum visibilty to the general public. How long can government artificially control the market is the question.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Without support of earnings market cannot keep its upward momentum.sustainable fact is impressive company earnings

Maharaja


Expert
Expert
Maharaja knows EPF cannot absorb the amount of foreign selling available. 4673 level will be reached !
Fundamentally Market will adjust. Wait ands see.

Maharaja

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@soileconomy wrote:Without support of earnings market cannot keep its upward momentum.sustainable fact is impressive company earnings
Open eye and see the current earnings of CDB, LFIN, CIND, AAIC, GRAN, TAFL, RHTL, OSEA, DIAL,..........etc

Bro. Learn to swim in both bear or bull market rather than finding other's mistakes.

Smile Smile Smile

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Yahapalanaya wrote:
@soileconomy wrote:Without support of earnings market cannot keep its upward momentum.sustainable fact is impressive company earnings
Open eye and see the current earnings of CDB, LFIN, CIND, AAIC, GRAN, TAFL, RHTL, OSEA, DIAL,..........etc

Bro. Learn to swim in both bear or bull market rather than finding other's mistakes.

Smile Smile Smile
Mr.Soil VFIN result also out, FYI

Sponsored content


Back to top  Message [Page 1 of 1]

Similar topics

-

» End of Terrorism

Permissions in this forum:
You cannot reply to topics in this forum