I am no expert in stock market by any means, just voicing my opinions
• A thing that I have noticed on the forum recently is how people quickly come to conclusion “ewarai” “end of stock market” “disaster””market crashing” “blood bath” buzz word—the usage of such terms are quite heavy, whilst you may not notice the impact of such words are high. Whilst I am not a expert in stock markets I know for a fact that as a country we are stable though there are many short comings but we are in a transition period
• One of the easiest comments that arise is “yahapalanaya” and how it is not yielding results—to date it is 7-8 working days since the new government has been appointed, there have been many good decision taken and some questionable decision too, but guys if I am not mistaken results would not happen overnight, what’s done by previous governments take time to undo and what implements takes time to yield results, give it some time? Its like giving a kid who is known to be a smart a book and telling him to read and immediately put him to a test the very next day and be like “ko mole”??? mekatada mole kiwwe? Aiyyo smart.
• MR did not win the war overnight and economic development did not kick off over night but in 2011 we all saw what happened in the stock market. Bottom line—things take time to settle, your urgency and negativity and feedback creates panic, panic you create bites you back and you create further panic after being bitten.—am not saying market will go up soon, nor am I saying it will decline soon because I am no expert, but commonsense dictates if people invested, you invested knowing the risk, every market has its own risk appetite, local or foreign, don’t make it seem like it’s the issue here. Cant deal with it, get out. This forum is there to help each other out
• People are very quick to come to conclusions. An ask from you members, please list out key positives and negatives you saw since the introduction of the new government which is just 2 weeks old and tell me if there is a real reason to create panic
• I was stuck in mid Nov with my portfolio, quite a bit of losses, but from that point I am in an okay position currently, so for me that is some advancement, if you are in a bad position, its your investment decision that should be questioned
• Reduction in fuel prices would have various implication and benefits to the country, people are quick to say government income would reduce and this in turn would reduce government expenditure, loan repayment capability etc, but let’s take a look at 3 large fuel consumers affecting the government, Sri Lankan airlines which runs on losses would gain from the reduction of fuel and this would translated to be a reduced Burden to the government from its previous position, same would apply to the railways and multiple government institutions. Another thing with fuel reduction is it would benefit all industries not just few. There is a point of discussion here though which I can’t come to a conclusion on my own. “RPPA” Id like your views (reduction in fuel would technically reduce cost of goods and services, which in turn would make current salary of people more stronger, this would possibly translate to increased spending I suppose, but revenues of firms may reduce with decrease in prices… but could be set off with increase in consumer spending. My point of concern is how effective would a salary increment be as proposed by the government on firms. Assuming reduction of fuel improve cost and reduces selling price, the profit per service would be unchanged but increased consumer spending would increase sales and thus profit hence salary increment feasible? Am I thinking too short sighted?
• I can go on… but it’s a few things I want to get off my chest because at one point I really looked upto this forum, now its too much negativity.
Also it takes a thief to catch a thief, when one thief is over-doing his thief duties and creating a monopoly other thieves get jealous and they also want an end to the thievery. Because if one thief had stolen all the goods what am I left to steal? Id rather have that thief caught, have a proper system where people get back and grow their wealth so I can steal slowly, because if people have nothing I have nothing. If people don’t grow I don’t grow—read it in some book, cant recall what, I questioned ravi’s appointment but he is CIMA qualified and complaining and negativity wont change him from being a minister, life still goes on. Lets just see whats in store, you can never have a perfect government. But someone that is trying is worth the shot.
Also i didnt do a second read on what i wrote so might sound bulshit at times lol