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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Very bullish market

Very bullish market

+8
sisira.wijeweera
stockback
EquityChamp
deli
kovida
Teller
worthiness
reyaz
12 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Very bullish market Empty Very bullish market Sat Jun 03, 2017 4:28 pm

reyaz

reyaz
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

JKH Is an excellent choice, so is pap counter.

Your views

2Very bullish market Empty Re: Very bullish market Sat Jun 03, 2017 6:21 pm

worthiness


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

SAMP last Friday hit at Rs.300 level & bit reversed.

3Very bullish market Empty Re: Very bullish market Sat Jun 03, 2017 9:11 pm

Teller

Teller
Moderator
Moderator

Rupee is in a decline trend , foreigners are loosing their investments. If any one invested 1 USd @ Rs. 100 levels , now that foreigner has to sell RS.153/- to break even . It's a tragedy happening at the moment. Reuters forcast says 1 USD can appreciate Against RS.163/- levels soon. Imagine how much will be lost for foreigner.


_________________




Teller said is said..

4Very bullish market Empty Re: Very bullish market Sat Jun 03, 2017 11:52 pm

kovida

kovida
Manager - Equity Analytics
Manager - Equity Analytics

@Teller wrote:Rupee is in a decline trend , foreigners are loosing their investments.  If any one invested 1 USd @ Rs. 100 levels , now that foreigner has to sell RS.153/- to break even . It's a tragedy happening at the moment. Reuters forcast says 1 USD can appreciate Against RS.163/- levels soon. Imagine how much will be lost for foreigner.

I am puzzling as to why foreigners keep on buying our blue chips. Foreign buyers and their Fund Managers should be crazy  lot to dump their money . 
Do you think they  invest for short term gain ? 
Defenetly they must have analysed country's present economic situation and after 5 years where it is going to be .


Fluctutation and devaluation of currency is a short term senario.

-GSP + 
-Colombo Port City Project
-Florousing Tourism Industry 
-Mega Condominum Projects
-Expected completion of many high way projects
-Gradual picking up of our Traditional and Industrial exports
-Increase of Foreign remittences by Employees of Middle East and other countries
-Expected FDI inflow
-Hambantota Mega Development Project with Industrial Zone
-World oil and gas prices remaining at low prices and projection of low prices for another 5 years.
-Surge of other Stock Markets  at an unexpected rate,BSE,NIKKEI, HANSENG
-Projected reduction of budget dificit which would contribute to reduction of inflation and money printing
- New income tax act to enhance government collection ot taxes.

Where our currecny is going to be in next couple of years?


THINK INTELEGENTLY AND INVEST FOR FUTURE AS FOREIGNERS DO.

5Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 12:56 am

deli

deli
Manager - Equity Analytics
Manager - Equity Analytics

@reyaz wrote:JKH Is an excellent choice, so is pap counter.

Your views

Now that the country is having rains, energy counters will have better future. Wink

6Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 1:21 am

Teller

Teller
Moderator
Moderator

https://tradingeconomics.com/sri-lanka/currency/forecast
Sri Lankan Rupee
The Sri Lankan Rupee is expected to trade at 153.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 158.00 in 12 months time.



1Y5Y10YMAX
Sri Lankan Rupee

Actual Data Alert Dash Embed



Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Currency 152 153 155 159 158 182
Sri Lankan Rupee Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Sri Lankan Rupee using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Sri Lankan Rupee - was last predicted on Saturday, June 3, 2017.
Sri Lanka Markets Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 152 153 155 159 1 58 182
Stock Market 6689 6020 5960 5780 5840 4860


_________________




Teller said is said..

7Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 1:32 am

Teller

Teller
Moderator
Moderator

As per this analyse index can be dropped from 6689 to 5960 levels which is with in this year. In simply rupee depreciation means asset values are increasing which can be Gains for locals but foreigners point of view , they will be the loosers except invest in few counters. In this scenario high dividend yield companies can delver a significant chances.


_________________




Teller said is said..

8Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 7:50 am

EquityChamp

EquityChamp
Moderator
Moderator

So Teller the market is going to be in a steady decline, is it lol! lol! lol!

9Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 11:36 am

Teller

Teller
Moderator
Moderator

As an investor I don't want to see that...so analyse yourself and decide dear..


_________________




Teller said is said..

10Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 12:27 pm

EquityChamp

EquityChamp
Moderator
Moderator

jocolor flower afro

11Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 1:54 pm

stockback


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

I think they will sign H Port Agreement.
then IMF bail out.

non strategic SOE's selling next..


I dont see big issue. drop Market.

12Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 2:00 pm

sisira.wijeweera


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

@stockback wrote:I think they will sign H Port Agreement.
then IMF bail out.

non strategic SOE's selling next..


I dont see big issue. drop Market.
yes we can see ASI 6800 this week
this month it will up 7000
more forign buying will see

13Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 2:25 pm

kovida

kovida
Manager - Equity Analytics
Manager - Equity Analytics

@Teller wrote:https://tradingeconomics.com/sri-lanka/currency/forecast
Sri Lankan Rupee
The Sri Lankan Rupee is expected to trade at 153.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 158.00 in 12 months time.





On practical aspect, Currency Depreciation up to 1Q 2018 looks correct.
As far as Stock Market is concerned, it seems forecast is totally wrong.

14Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 2:50 pm

Teller

Teller
Moderator
Moderator

Another main issue is Sri Lanka is going to have a black spot due to non payment of Hambanthota cricket ground debt payment. Government has to do some thing soon


_________________




Teller said is said..

15Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 2:55 pm

stockback


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

@Teller wrote:Another main issue is Sri Lanka is going to  have  a black spot due  to non payment of Hambanthota cricket ground debt payment. Government has to do some thing soon


these are political drama. to sale H.Port

16Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 3:01 pm

sisira.wijeweera


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

@kovida wrote:
@Teller wrote:Rupee is in a decline trend , foreigners are loosing their investments.  If any one invested 1 USd @ Rs. 100 levels , now that foreigner has to sell RS.153/- to break even . It's a tragedy happening at the moment. Reuters forcast says 1 USD can appreciate Against RS.163/- levels soon. Imagine how much will be lost for foreigner.

I am puzzling as to why foreigners keep on buying our blue chips. Foreign buyers and their Fund Managers should be crazy  lot to dump their money . 
Do you think they  invest for short term gain ? 
Defenetly they must have analysed country's present economic situation and after 5 years where it is going to be .


Fluctutation and devaluation of currency is a short term senario.

-GSP + 


-Colombo Port City Project
-Florousing Tourism Industry 
-Mega Condominum Projects
-Expected completion of many high way projects
-Gradual picking up of our Traditional and Industrial exports
-Increase of Foreign remittences by Employees of Middle East and other countries
-Expected FDI inflow
-Hambantota Mega Development Project with Industrial Zone
-World oil and gas prices remaining at low prices and projection of low prices for another 5 years.
-Surge of other Stock Markets  at an unexpected rate,BSE,NIKKEI, HANSENG
-Projected reduction of budget dificit which would contribute to reduction of inflation and money printing
- New income tax act to enhance government collection ot taxes.

Where our currecny is going to be in next couple of years?


THINK INTELEGENTLY AND INVEST FOR FUTURE AS FOREIGNERS DO.
http://www.dailynews.lk/2017/06/02/business/117745/colombo-port-city-attract-us-15-bn-when-complete

more good news camming ASI this month 7000 sure

17Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 3:20 pm

deli

deli
Manager - Equity Analytics
Manager - Equity Analytics

Sri Lanka in major debt trap. We are in the midst of a crisis. Imagine a company with a debt to equity ratio of 800 or more times. THAT IS SRI LANKA

18Very bullish market Empty Re: Very bullish market Sun Jun 04, 2017 3:28 pm

kovida

kovida
Manager - Equity Analytics
Manager - Equity Analytics

@Teller wrote:Another main issue is Sri Lanka is going to  have  a black spot due  to non payment of Hambanthota cricket ground debt payment. Government has to do some thing soon
Do not see crocodiles in your tea cup.

19Very bullish market Empty Re: Very bullish market Mon Jun 05, 2017 6:11 am

Richman


Equity Analytic
Equity Analytic

@Teller wrote:As per this analyse index can be dropped from 6689 to 5960  levels which is with in this year.  In simply rupee depreciation means asset values are increasing which can be Gains for locals but foreigners point of view , they will be the loosers except invest in few counters.  In this scenario high dividend yield companies can delver a significant  chances.

Aiyo teller, I thought you would have got into the market in past few days given opportunity. I guess your manipulators are paying you hard for this negative sentiment creation or you are out of cash to buy stocks. 

I see you as a great psychological manipulator after your promotions on HEXP. You got so much blood on your hands.

5960 is joke of the year

20Very bullish market Empty Re: Very bullish market Mon Jun 05, 2017 6:16 am

Richman


Equity Analytic
Equity Analytic

@Teller wrote:Rupee is in a decline trend , foreigners are loosing their investments.  If any one invested 1 USd @ Rs. 100 levels , now that foreigner has to sell RS.153/- to break even . It's a tragedy happening at the moment. Reuters forcast says 1 USD can appreciate Against RS.163/- levels soon. Imagine how much will be lost for foreigner.


I guess you know better than foreign funds about the currency variations. The dollar will not reach 163 level soon... there are enough dollars coming in to the county and soon Foreign reserves will shoot up...

Why are you trying to create such negative sentiment about the market. I know for a fact that you don't care about the retail investors. Your statements are very bias and many of us here knows it.

It is clear how some people try to keep the market down with few counters like CARS, LAMB, CTHR, CTC, CARG if you look at there trading prices and volume, you will understand couple of counters are used daily to keep the market in red zone and collect.



Last edited by Richman on Mon Jun 05, 2017 6:20 am; edited 1 time in total

21Very bullish market Empty Re: Very bullish market Mon Jun 05, 2017 6:17 am

Richman


Equity Analytic
Equity Analytic

@stockback wrote:
@Teller wrote:Another main issue is Sri Lanka is going to  have  a black spot due  to non payment of Hambanthota cricket ground debt payment. Government has to do some thing soon


these are political drama. to sale H.Port

Agree stockback. This is nothing worry at all.

22Very bullish market Empty Re: Very bullish market Wed Jun 07, 2017 2:10 am

Teller

Teller
Moderator
Moderator

I don't want to make you panic or dull but I wanted to alert you before taking any risks . Yesterday most of the Asian markets were driven to RED due to Qatar issue. World oil prices increased marginally and expect to rise in a recent high. Approximately 145,000 sri Lankan in trouble who works in Qatar at the moment . Asian markets are in pessimistic stage at the moment .


_________________




Teller said is said..

23Very bullish market Empty Re: Very bullish market Wed Jun 07, 2017 8:31 am

Maharaja


Expert
Expert

I had a chat with my best friends and everyone is expecting market blast over 7200 level immediately.
Reason is continuous foreign buying specially JKH
Most of us agreed it will trade near 180 this month.

When JKH goes Up market goes up. Also there is no negative news (when international market rise did the CSE rise ? No ) . Didn't anyone in forum tell you about other international market rise ? So think when anyone tell these negatives ideas. 

Rupee is stable and international affairs are good in SL.
No election near by so no political instability.

So be ready for a good ride friends. Keep an eye on BFN A foreign accountant also bought 75,000 shares recently. BFN is getting illiquid daily. NAV is Rs.17/-

BFN must reach at least NAV.  Decision is yours.

Good luck 
Maharaja

24Very bullish market Empty Re: Very bullish market Wed Jun 07, 2017 8:57 am

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Teller wrote:I don't want to make you panic or dull but I wanted to  alert you before taking any risks .  Yesterday most of the Asian markets were driven to RED due to Qatar issue. World oil prices increased marginally and expect to rise in a recent high. Approximately 145,000 sri Lankan in trouble who works in Qatar at the moment .  Asian markets are in pessimistic stage at the moment .

Qatar issue will perpetuate .

 This may lead to civil war in Saudi  and rise of a new leader out side the royal family.

If all SriLankan labourers from ME have to come back  it is  big issue for SriLanka  for jobs and foreign reserve.

 We have to watch the election of France and UK as well.

We are in a  peril,nearing to WWIII

25Very bullish market Empty Re: Very bullish market Wed Jun 07, 2017 11:15 am

Maharaja


Expert
Expert

Looks like CSE is not ready for some middle east problem.
Strong technical trend forming. 

Truth will always win.
See you all at ASI 7200

Maharaja.

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