I like to get your honest opinion. Is it due to:
1. Investment flowing in due to excellent governance of the country and all its regulatory apparatus, instilling good investor confidence resulting in drawing in foreign funds
OR
Is it due to:
1. Rupee depreciation upto 16% during 2012, making shares cheaper for foreigners
2. Interest income yield in US or western countries are next to nothing, giving very marginal income on any investment securities
3. European regional crisis, making guilt edged security investment the riskiest
4. Except for governance issues, SL has a good potential for sustainable growth
5. Share prices are at rock bottom, giving excellent opportunity for value investors with medium term to long term investment in mind.
6. Potential for SL to become exporters of high-tech and value added product exporters from the position of that of commodity exporters, and;
7. Volatile conditions prevailing in regional markets such as India and Bangladesh, indicating CSE as a marginally better location right at the moment.