FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

POSITIVE OUTLOOK FOR CSE  Vote_lcap68%POSITIVE OUTLOOK FOR CSE  Vote_rcap 68% [ 178 ]
POSITIVE OUTLOOK FOR CSE  Vote_lcap18%POSITIVE OUTLOOK FOR CSE  Vote_rcap 18% [ 47 ]
POSITIVE OUTLOOK FOR CSE  Vote_lcap13%POSITIVE OUTLOOK FOR CSE  Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » POSITIVE OUTLOOK FOR CSE

POSITIVE OUTLOOK FOR CSE

3 posters

Go down  Message [Page 1 of 1]

1POSITIVE OUTLOOK FOR CSE  Empty POSITIVE OUTLOOK FOR CSE Sun Aug 23, 2020 7:49 pm

samaritan


Moderator
Moderator

The prevailing bullish sentiment in the CSE is to gain momentum from now onwards in response to several favourable factors to boost investor confidence.

Some of them are;

1. There is a clear sign of economic recovery with revival of exports. It is expected to reduce trade deficit this year and ease balance of payments in the backdrop of curtailment of 'non-essential'imports. Opportunities have surfaced for non traditional new areas of exports. 

2. It is expected that Joe biden winning the US election could be a trigger to stimulate investments in emerging & frontier markets. The victory of Joe Biden is assured. 

3. WHO chief is hopeful of ending the pandemic in less than two years. However, Sri Lanka has virtually brought the threat well under control except for some repatriates being tested positive but no known critical cases and the total deaths recorded is insignificant, only amounting to 12.

4. Political stability is clearly established with policies to be implemented to achieve economic prosperity.

5. Prospects for tourism sector looks promising with the lifting of restrictions with adequate precautions against spread of covid.

In my opinion no one can predict and fix targets for the movement of ASPI. But the direction of movement can be predicted based on certain factors and its bound to move upwards with healthy intermittent corrections. GL


_________________




The biggest risk in life is not taking any risk at all.

Promoney, Kipling, agentnrox, Mithooshan and Truth Seeker like this post

2POSITIVE OUTLOOK FOR CSE  Empty Re: POSITIVE OUTLOOK FOR CSE Sun Aug 23, 2020 9:14 pm

Kipling


Expert
Expert

Samaritan 
Thank you for insightful post. 
Our PE on trailing earnings 10. Historical average 15 while bull market average 20. Recall it reaching 30 in 2011 bubble. I believe you are 100% correct in predicting bull run. So cannot ASPI move to PE of 20. Then improvement of earnings (certain under growth momentum unleashed by GR policies) will be icing. So cannot 10,000++ be expected subject to healthy corrections in between. Await your valued take on my view. Thanks.

3POSITIVE OUTLOOK FOR CSE  Empty Re: POSITIVE OUTLOOK FOR CSE Mon Aug 24, 2020 7:00 am

Kipling


Expert
Expert

Samaritan 
Please give your take. 
Thanks

4POSITIVE OUTLOOK FOR CSE  Empty Re: POSITIVE OUTLOOK FOR CSE Mon Aug 24, 2020 8:28 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Also global markets have raced passed the growth of CSE US, S&P500 have hit an all tome high, hence CSE is even more undervalued relative to other markets

samaritan likes this post

5POSITIVE OUTLOOK FOR CSE  Empty Re: POSITIVE OUTLOOK FOR CSE Mon Aug 24, 2020 8:37 am

samaritan


Moderator
Moderator

@Kipling wrote:Samaritan 
Please give your take. 
Thanks
CSE is bound to witness a bull run nearly after a decade. NDB Wealth investing in AEL is a very good sign for the construction sector share. I will not rule out 35/= to 40/= within months. 
Tea export sector should do well as the beverage has gained immense popularity after the outbreak of CV world over. Export oriented companies in general have good prospects.
JKH should clear 160/= very soon. Prevailing low interest rates are also a boon to investors.
ASPI should exceed earlier highs!


_________________




The biggest risk in life is not taking any risk at all.

Truth Seeker likes this post

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum