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Super gain tax would not affect That much. Monday market could go up..

+9
stockback
EquityChamp
Gainer
Teller
Dhehan
mendis86
shane001
piyalpy
Vptilak
13 posters

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Vptilak


Manager - Equity Analytics
Manager - Equity Analytics

I don't think this tax affect that much on ASI. Today many ppl started bring down the index mainly for them to by at low price. Two year before HILTON and Pelwawatta were taken over. But after few weeks ASI went up. Valuewise that is greater than 27 Billion I believe.

piyalpy


Manager - Equity Analytics
Manager - Equity Analytics

How super gain tax affects companies still not known. Will it affect the group or individual companies?.
If that so what are the companies? I hope only few companies then. So why then this government put the new tax?
Still no answer. For CJ issue this government has attacked fundamental of the constitution itself. Even JR never did that.
So, we are in a dilemma now. wait and see.. that may be the best advise.

shane001


Manager - Equity Analytics
Manager - Equity Analytics

We all expected good budget for the market. But they only considered next election. These taxes will effect negatively to next quarter results company

shane001


Manager - Equity Analytics
Manager - Equity Analytics

We all expected good budget for the market. But they only considered next election. These taxes will effect negatively to next quarter results

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

this gone be remain till unp go home

Dhehan

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

Vptilak wrote:I don't think this tax affect that much on ASI. Today many ppl started bring down the index mainly for them to by at low  price. Two year before HILTON and Pelwawatta were taken  over. But after few weeks ASI went up. Valuewise that is greater than 27 Billion I believe.

Panic without proper understanding of the tax impact causes the ASI to go down.

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

that why market down by 200 points

Teller

Teller
Moderator
Moderator

Who says this will not effect. Dont post just blindly.

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Good news possible and highly expecting they will remove the super gain tax after the today market fall.

From monday bull is ready.

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

teller ,remove your gren glasses and see the real world

EquityChamp

EquityChamp
Moderator
Moderator

Market should be ok soon but not sure it will on Monday since thereafter two holidays. Anyway if the market reaches 7000 points it is not bad to buy some solid counters.

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

dont buy in 7000 you can buy in 6000

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

mendis86 wrote:dont buy in 7000 you can buy in 6000

not possible 1000?

EquityChamp

EquityChamp
Moderator
Moderator

This is not serious as a bomb blast in capital . Be hopefull market will recover sooner than expected.

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

EquityChamp wrote:This is not serious as a bomb blast in capital . Be hopefull market will recover sooner than expected.

This Tax from High Gain. no need to worry.

IN UK, USA..... they charge 50% from profit as a Tax.

25% not a big problem. problem is previous Government not charge this much. that's the problem
UNP need real Economy development rather than Big Balloon. please understand.


mendis86


Manager - Equity Analytics
Manager - Equity Analytics

50% tax is posible for usa bcs they can buy our all contry by one company

25% is not posible bcs our contry so poor than USA

dont think like Usa man liveing sri lanka

how can u

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

and all companys paying tax, why thay want to pay a nother tax this is not taxing thîs is robing

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

mendis86 wrote:50% tax is posible for usa bcs they can buy our all contry by one company

25% is not posible bcs our contry so poor than USA

dont think like Usa man liveing sri lanka

how can u

25% not a problem for small investors and General Public.

this 25% TAX is good move as government.
to control inflation also.

Government should take Tax. otherwise cannot pay salaries. and other cost.
problem is way of taking taxes. this is good way to collect Tax. Market will move according to this situation.
it does not meaning Sri lankan Economy is end. development process end..

UNP Government will introduce Tax holidays for New Manufacturing Companies in near future to create more jobs.
Nikan Concrete, Card Board economy ekaknam Tax nogena sahana nodi inna puluwan.


this Tax taking from High Gain Companies. why small investors are worrying here. pudgalika prashnayak wadak naha rate arthika prathi paththiye

Under UNP will give ten year Tax holiday for new factories and companies. and also charging tax from old companies(they will introduce Machanism)

Ballon pumbanna onanam MR ta kiyanna eya thama honda Ballon Pumbanna danne

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

James Packer's Crown Group says it will not go ahead with the proposed plan to develop $400m luxury hotel project in Sri Lanka-Australian media- adaderana.lk

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

unp naver pracent this type of badjet earleay,

maka company walin kappan gannawa waga

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

unp aya nikan paraluna pita hodai kiyana aya

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

they dont no how to make good badjet

if thiks going like unp win next election2016 badjet how they earn,

bce they alrady get one time tax from casino 5000m and super gan tax
i think they going to sold companys like 2002

EPS

EPS
Expert
Expert

The Stock Exchange became the laughing stock of the experts who knew stock trading. “Pumping and Dumping” was the order of the day whilst the small timers had to face the music. When interest rates were reduced the hierarchy invited the elderly people to invest in shares. Knowing very well the consequences, the hearts of the people who matter did not melt. Even the poor pensioners suffered. The super rich “Stock Market Barons” continued to fatten at the expense of the poor.

EPS

EPS
Expert
Expert

dont panic. market will further down. to me good for 6900 level. time ahead for small investors. horu tika pannamu...

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

yas this is time to small investers to buy what big boys sale and what big boys buy after market drop

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