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KEEP COLLECTING WHEN THERE IS BLOOD !!!!

+4
sureshot
ruwan326
Gallardo
kassachandimal
8 posters

Go down  Message [Page 1 of 1]

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics

I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics

I agree, buy to the sound of cannons, sell to the sound of trumpets.  Everything is going cheap these days although some excellent earnings are out any minute now.

3KEEP COLLECTING WHEN THERE IS BLOOD  !!!!   Empty TILL NOVEMBER 10th????? Mon Oct 17, 2016 2:43 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Gallardo wrote:I agree, buy to the sound of cannons, sell to the sound of trumpets.  Everything is going cheap these days although some excellent earnings are out any minute now.

http://www.sundaytimes.lk/161016/news/unp-slfp-committee-to-review-2017-budget-212804.html

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics

Thanks Ruwan,

Sharing it here -

[size=30]News[/size]
UNP-SLFP committee to review 2017 Budget
View(s): 306


The two main Government partners – the United National Party (UNP) and the Sri Lanka Freedom Party (SLFP) – will review proposals for the November 10 budget with Finance Minister Ravi Karunanayake.
“This is to ensure harmony and the proposals are introduced with the concurrence of both sides,” Mr Karunanayake told the Sunday Times. He said this would obviate issues being raised by one side or the other after the budget is presented.
The UNP team is made up of Ministers Mangala Samaraweera, Malik Samarawickrema, Akila Viraj Kariyawasam and Harin Fernando. The SLFP team will comprise Sarath Amunugama, Anura Priyadarshana Yapa, Mahinda Amaraweera, Susil Premajayantha and Deputy Minister Lasantha Alagiyawanna. The committee will meet at the Ministry of Foreign Affairs on Monday (tomorrow).
The Committee has been appointed by President Maithripala Sirisena in concurrence with Finance Minister Karunanayake. The idea is to ensure that key proposals, particularly those which concern the public, are acceptable to the two parties that constitute the Government. One of the main reasons for the appointment of the committee is the controversy generated after the previous budget was introduced.
The upcoming budget was among the subjects of discussion when President Sirisena met a select group of ministers on Tuesday night.
SEE ALSO POLITICAL COMME

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics

http://www.sundaytimes.lk/161016/news/unp-slfp-committee-to-review-2017-budget-212804.html

This should hopefully remove the 1 step forward, 1 step backward motion seen in the recent past with policy.  Let's hope that a budget secured with agreement beforehand avoids disagreement afterwards.  We've seen the consequences of the latter and the disruption caused has messed the market sentiment more than the actual ground situation.

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

This time it will be another  " Kothamalli" Budget .

sharemarket

sharemarket
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kassachandimal wrote:I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.
Laka lakkala ke........ laka lakkala ke.... lol!

nimantha80


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

ganna hadanawa hadanawa yatin fill wenne naa.Kattiya set wela index red thiyan inne habai apita one eke buy wenneth naa

samaritan


Moderator
Moderator

The question is how much of blood should be there to start collecting?

samaritan


Moderator
Moderator

kassachandimal wrote:I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.
What is the positive news you are expecting from a revenue hungry budget?
If the news is to be good to the CSE it has to be good to the listed Companies, in that event how will they bridge the budget deficit?

EquityChamp

EquityChamp
Moderator
Moderator

samaritan wrote:
kassachandimal wrote:I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.
What is the positive news you are expecting from a revenue hungry budget?
If the news is to be good to the CSE it has to be good to the listed Companies, in that event how will they bridge the budget deficit?

Simple theory brother. They will tap you and me pockets. Taking more from us and pay the loan interests. Don't think anything extravagant.

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