Present Market Situation

CJ · 1 Present Market Situation Wed Jun 29, 2011 4:54 pm

CJ

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Company earnings are attractive.According to latest figures Market P/E is about 15 times.Market is undervalued.Lots of stocks are under valued.Retailers don't know about this. CSE has to Update new figures.Big players are collecting stocks since stocks are attractive.

manula · 2 Re: Present Market Situation Wed Jun 29, 2011 5:38 pm

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Yes... Big players can buy that they have lot of money from different ways, but for poor retailers different story, cannot afford due to not available of own money . buying for Credit also will risky. Many brought when prices are high and at least cannot average due not available of own cash. I am also sad to see my favorite counters prices now but cannot afford due to cash. Sad

early · 3 Re: Present Market Situation Wed Jun 29, 2011 8:03 pm

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CJ wrote:Company earnings are attractive.According to latest figures Market P/E is about 15 times.Market is undervalued.Lots of stocks are under valued.Retailers don't know about this. CSE has to Update new figures.Big players are collecting stocks since stocks are attractive.

Are you sure that the Market P/E is around 15? According latest to CSE data it is bettween 23 - 24. Definitely a lot of counters are undervalued. But there are several counters which are heavily overvalued.
All the same, if your figure is correct, then this is definitely a time to pick good
shares.....................

mark · 4 Re: Present Market Situation Thu Jun 30, 2011 12:46 am

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CJ wrote:Company earnings are attractive.According to latest figures Market P/E is about 15 times.Market is undervalued.Lots of stocks are under valued.Retailers don't know about this. CSE has to Update new figures.Big players are collecting stocks since stocks are attractive.

how you say market PE is around 15?............please provide the information or your post will be deleted.....
do you know how many illiquid craps rose in last months without any basic and how much affect those illiquids did to ASI index?

CJ · 5 Re: Present Market Situation Thu Jun 30, 2011 8:28 am

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mark wrote:

CJ wrote:Company earnings are attractive.According to latest figures Market P/E is about 15 times.Market is undervalued.Lots of stocks are under valued.Retailers don't know about this. CSE has to Update new figures.Big players are collecting stocks since stocks are attractive.

how you say market PE is around 15?............please provide the information or your post will be deleted.....
do you know how many illiquid craps rose in last months without any basic and how much affect those illiquids did to ASI index?

There was a article in Daily FT on 27th June 2011 at page number 12.Latest figures has been updated in that report.I have checked the PE ratio of Motor sector and it is same as the report figure.speculation effect is a common incident in market.We must not buy the stocks at high levels.When the news is spread to retailers prices are at high levels.So most of the time they lost.What we have to do is to stay in right trend with right figures and find out new opportunities in market.There are opportunities in the market.we have to search for them rather than struggling with our mind.Taking the risk that we can bare and defeating unfair greediness is the path we have to follow to success in long run.

Soundchips · 6 Re: Present Market Situation Thu Jun 30, 2011 8:32 am

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Yes , some collection is also going on.

ABEST · 7 Re: Present Market Situation Thu Jun 30, 2011 8:33 am

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if you have website url, pls copy and paste that, that is easy to view in web

CJ · 8 Re: Present Market Situation Thu Jun 30, 2011 8:50 am

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ABEST wrote:if you have website url, pls copy and paste that, that is easy to view in web

[url]http://www.ft.lk/2011/06/27/review-of-quarterly-earnings-january-to-march-2011 [/url]

Soundchips · 9 Re: Present Market Situation Thu Jun 30, 2011 8:58 am

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CJ wrote:

ABEST wrote:if you have website url, pls copy and paste that, that is easy to view in web

[url]http://www.ft.lk/2011/06/27/review-of-quarterly-earnings-january-to-march-2011 [/url]

Thanks CJ for very useful information.