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Lifting of the 10% Price Band

+17
marusira
nkuda
illuminati
Redbulls
Slstock
Antonym
hunter
Deva
opfdo
market bull
sriranga
aj
Rajaraam
Chanuque
charith82
SL.Market
swan03
21 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Lifting of the 10% Price Band Empty Lifting of the 10% Price Band Thu Apr 19, 2012 1:15 pm

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

http://www.cse.lk/cmt/upload_cse_announcements/7031334820780_.pdf

2Lifting of the 10% Price Band Empty Price Band Removed Thu Apr 19, 2012 1:15 pm

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics

How about now?

3Lifting of the 10% Price Band Empty Price band Removed Thu Apr 19, 2012 1:16 pm

charith82


Manager - Equity Analytics
Manager - Equity Analytics

Another good move from sec

4Lifting of the 10% Price Band Empty - No More 10% Price Band - Thu Apr 19, 2012 1:18 pm

Chanuque

Chanuque
Manager - Equity Analytics
Manager - Equity Analytics

It was one of the murder weapons that had been used to kill the mighty CSE mercilessly ..

5Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 1:23 pm

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

Pheww.. We could breath now sunny

6Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 1:33 pm

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

swan03 wrote:Pheww.. We could breath now sunny

Or swan3, after about a week. Nice to read your posts. Today we have good news. Removal of 10%price band and significant increase in the both indices.

7Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 1:41 pm

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Ah yes this was the reason all the shares haven been not going up. If you look at the past few months, other than one or two shares all the others JKH, COMB, HNB, DFCC, CTC, NEST, have been caught in the price band. (This is sarcasm)

8Lifting of the 10% Price Band Empty Sri Lanka SEC lifts 'price band' Thu Apr 19, 2012 1:58 pm

sriranga

sriranga
Co-Admin

Apr 19, 2012 (LBO) - Sri Lanka's Securities and Exchange said it was lifting a 'price band' imposed on volatile stocks with immediate effect, but will continue to monitor the market and to re-impose it if needed.

The so-called 'price band' was slapped on when Colombo stocks, especially illiquid ones with weak fundamentals, zoomed during a credit bubble fired by loose monetary policy, which saw an increase in credit-backed margin trading and related activities.

Stocks have since come down from their highs, and interest rates are also rising, after the credit bubble finally ended in a balance of payments crisis which caused liquidity shortages.

Securities fraud and asset price bubbles increase during periods of low interest rates and excess liquidity in the banking system.

The original The US, Securities and Exchange Commission was also set up in 1934, after a market crash in 1929, following a bubble fired by the Federal Reserve in the preceding few years.

The so-called 'roaring 20s' economic bubble fired by the Fed eventually triggered the Great Depression, when it ended. The stock market crash was one of the most visible side effects.
http://www.lbo.lk/fullstory.php?nid=585296106

http://sharemarket-srilanka.blogspot.co.uk/

9Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:04 pm

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

It was a really god news.Anyhow we have a little bit hope now.

Rajaraam wrote:
swan03 wrote:Pheww.. We could breath now sunny

Or swan3, after about a week. Nice to read your posts. Today we have good news. Removal of 10%price band and significant increase in the both indices.

10Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:13 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

greate news after looooooooooooooooong time.

11Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:18 pm

Deva


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

osmand wrote:greate news after looooooooooooooooong time.

WOW, wonderful to see the market active and our friends back on the forum, swan, osmand,.....



Last edited by Deva on Thu Apr 19, 2012 2:32 pm; edited 1 time in total

12Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:30 pm

hunter

hunter
Moderator
Moderator

10% band >> No manipulation >> No market movement >> all are sad
No 10% Band >> manipulation >> market movement >> all are happy

13Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:31 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

This will probably bring fortune hunters back, which is a good thing for the overall market. We certainly need to have some element of speculation, so that liquidity returns.

14Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:36 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Antonym wrote:This will probably bring fortune hunters back, which is a good thing for the overall market. We certainly need to have some element of speculation, so that liquidity returns.

Yes even for fundamentals speculation needs to be there to push the price up. Long term collectors are not ones which moves prices by margins. it is the short term and day traders.

SO far we saw activity from retail/daytrade/short term traders very low. With less volumes they stay away.

I do not know today is "pus wedilla" or a start of a consistent launch of rockets. If latter Laughing Laughing Laughing If former Mad Mad

15Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 2:41 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Antonym wrote:This will probably bring fortune hunters back, which is a good thing for the overall market. We certainly need to have some element of speculation, so that liquidity returns.
Yes I do agree with you.
But we need to watch carefully whether this is going to be a short bear market rally or turning point towards bull market?

osmand wrote:greate news after looooooooooooooooong time.

Missing you friend.
Come on and post more analysis.

aj wrote:Ah yes this was the reason all the shares haven been not going up. If you look at the past few months, other than one or two shares all the others JKH, COMB, HNB, DFCC, CTC, NEST, have been caught in the price band. (This is sarcasm)

Could you please explain why they need to be price band?
On which dates?

16Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 3:15 pm

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Redbulls wrote:
aj wrote:Ah yes this was the reason all the shares haven been not going up. If you look at the past few months, other than one or two shares all the others JKH, COMB, HNB, DFCC, CTC, NEST, have been caught in the price band. (This is sarcasm)

Could you please explain why they need to be price band?
On which dates?

What I meant was having or not having price band does not affect manipulation or anything whatsoever. It's not like any of those shares were caught in any price bands.
As I said it was "sarcasm"

Hmm, on the other hand I think price band helped the manipulators a safety net to dump the shares at a stable price when the price was pumped up. Now that safety net is not there. Smile

17Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 3:21 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

aj wrote:
Redbulls wrote:
aj wrote:Ah yes this was the reason all the shares haven been not going up. If you look at the past few months, other than one or two shares all the others JKH, COMB, HNB, DFCC, CTC, NEST, have been caught in the price band. (This is sarcasm)

Could you please explain why they need to be price band?
On which dates?

What I meant was having or not having price band does not affect manipulation or anything whatsoever. It's not like any of those shares were caught in any price bands.
As I said it was "sarcasm"

Hmm, on the other hand I think price band helped the manipulators a safety net to dump the shares at a stable price when the price was pumped up. Now that safety net is not there. Smile

So basically what you are trying to explain is all the share prices are manipulated or anything whatsoever.

18Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 4:26 pm

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

swan03 wrote:Pheww.. We could breath now sunny

Breath as much as you can quickly because you will have to hibernate for a long time.

19Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 4:55 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

illuminati wrote:
swan03 wrote:Pheww.. We could breath now sunny

Breath as much as you can quickly because you will have to hibernate for a long time.

Could you please flash more info regarding your view?

20Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 4:57 pm

nkuda


Manager - Equity Analytics
Manager - Equity Analytics

illuminati wrote:
swan03 wrote:Pheww.. We could breath now sunny

Breath as much as you can quickly because you will have to hibernate for a long time.

Everybody is happy with a good news, But you can't happy lol! lol!

21Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 5:00 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

nkuda wrote:
illuminati wrote:
swan03 wrote:Pheww.. We could breath now sunny

Breath as much as you can quickly because you will have to hibernate for a long time.

Everybody is happy with a good news, But you can't happy lol! lol!

You are absolutely right.

22Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 5:38 pm

marusira


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

me illimina goiiya chaw chaw wage porak ne ara dosthara honda hithe.... ba,,,,, baa... ma thamaa

23Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 5:53 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

illuminati wrote:
swan03 wrote:Pheww.. We could breath now sunny

Breath as much as you can quickly because you will have to hibernate for a long time.
@illuminati: I am a Bull. But I like Bears because they make me question my own viewpoint.
I believe that you could become an asset to this forum by supporting your comments with some logic.

24Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 6:35 pm

kas

kas
Manager - Equity Analytics
Manager - Equity Analytics

Guys,

We all can be happy because the price band is removed, if I remember correctly price band was going to be replaced by circuit breakers. CSE announcement is silent about that. Does anyone know about it?

25Lifting of the 10% Price Band Empty Re: Lifting of the 10% Price Band Thu Apr 19, 2012 6:38 pm

econ

econ
Global Moderator

SEC impose rules, regulations when markets up, and then they remove those regulations when markets down due to their rules..

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