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

» PLC Script dividend @ Rs 14.20.. please mention suggestions...
by ddrperera Yesterday at 4:45 pm

» srilanka regulator charges two over Manipulation
by Capton KIng Cool Yesterday at 3:29 pm

» Dankotuwa pocelin launches-ivory -grade
by Capton KIng Cool Yesterday at 3:23 pm

» Dankotuwa pocelin launches-ivory -grade
by Capton KIng Cool Yesterday at 3:22 pm

» http://www.ft.lk/news/Controversial--Takeover-Act--repealed-by-Parliament/56-680434
by Capton KIng Cool Yesterday at 3:18 pm

» Keep eye on Politics
by samaritan Yesterday at 2:48 pm

» LLUB Pattern reversed. Good buy @60, target +20%
by Teller Yesterday at 11:38 am

» Triple Bottom Reversal
by signals20 Yesterday at 10:31 am

» collect LLUB AND LEDV AND ECL ALONG WITH BFN
by nuwanmja Yesterday at 9:07 am

» LLUB in RISK...Government opened a Plant in Muthurajawela...Becareful
by MarketWch Yesterday at 8:30 am

» USD Bond Issue 3 times over Subscribed.
by ranferdi Tue Jun 25, 2019 3:18 pm

» HEXP 2ND DIVIDEND
by Cricketman Tue Jun 25, 2019 5:21 am

» AEL Recommendation @ 14...
by ddrperera Mon Jun 24, 2019 9:20 pm

» Cut your losses without sinking in it, that's the only way to win in a falling market.
by bhanu Sun Jun 23, 2019 7:38 pm

» Senthilverl Drives Sri Lanka Stock Market Turnover to hit Rs.2 billion
by samaritan Sun Jun 23, 2019 10:57 am

» Dockyard can go beyond 60/-
by hammurabi Sun Jun 23, 2019 10:53 am

» lOFC definitely will hit 6/-
by BANDB Sat Jun 22, 2019 8:31 am

» Why should we elect Naganada kodi..as our next president
by Yahapalanaya Sat Jun 22, 2019 4:56 am

» SAMP Oversubscribed?
by Agape Fri Jun 21, 2019 4:52 pm

» LOFC - LDEV -EXPO ....BULL RUN TIME FOR COLLECTION ..
by Aruna Chandana Fri Jun 21, 2019 1:26 pm

» NEXT RUN People's leasing and Finance WAIT AND WATCH ENJOY RIDE..
by ddrperera Fri Jun 21, 2019 12:04 pm

» SME M&A opportunity
by raheem72@gmail.com Fri Jun 21, 2019 11:41 am

» CIND , 10% guaranteed return
by Teller Fri Jun 21, 2019 2:46 am

» Look PAP Amazing company
by Teller Fri Jun 21, 2019 2:44 am

» Bottom of market
by Teller Thu Jun 20, 2019 10:52 pm

» Triple Top Reversal pattern
by Teller Thu Jun 20, 2019 9:16 pm

» BFN - PRIVATE PLACEMENT ANNOUNCEMENT TO COME SOON
by mahasona2 Thu Jun 20, 2019 1:00 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Thu Jun 20, 2019 12:38 pm

» PAN ASIA POWER
by Nuwan Samarawickrama Thu Jun 20, 2019 10:33 am

» Aluf will be better
by wisdom79 Thu Jun 20, 2019 8:50 am

» Stop promoting garbage. Don’t get deceived.
by wisdom79 Thu Jun 20, 2019 8:46 am

» RICH is not bad @ 9/-
by Teller Thu Jun 20, 2019 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 Thu Jun 20, 2019 3:16 am

» Be careful with HVA and LITE
by Teller Thu Jun 20, 2019 3:11 am

» WATA future looks good
by Teller Wed Jun 19, 2019 10:00 pm

» If i am the EPF buyer,I will go for PLC
by Teller Wed Jun 19, 2019 9:59 pm

» THE CURSE ON JKH
by Teller Wed Jun 19, 2019 9:04 am

» Why we should buy AEL.N0000…?
by Miss-Sangeetha Wed Jun 19, 2019 7:45 am

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


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