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Tomorrow Market

+14
MeshLk
Sihas005
stockie
KILLER99
Captain
C.THARANGA
spksd
judecroos
samaritan
madukp
stockchaser
Eranga87
RJ1010
Love Boy
18 posters

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26Tomorrow Market - Page 2 Empty Re: Tomorrow Market Wed Feb 03, 2021 9:48 am

Mr. Wayne


Equity Analytic
Equity Analytic

MeshLk wrote:
Mr. Wayne wrote:
MeshLk wrote:Think we'll have a few red days, here are there.  But short-mid term prospects are pretty good - given limited spending and/or investment opportunities with reasonable returns due to nature and government policies

* less luxury travel due to COVID (within and outside SL), 
* limited imports (especially vehicles - which used to be an investment for some!) 
* very low interest rate offered for FD by FIs
* bloated land prices and low rentals (nearly 25% less than 2019, personal experience as both a lessor and lessee) with less rental opportunities (can judge by looking at number of FOR RENT notices on the sides of main roads)
* high construction cost (limited material and labor due to import restrictions and COVID)

Stock market will likely offer the best investment opportunity for the short-medium terms.  Long-term will depend on how we make it through.

Don't rush behind sentiment stocks that are rising simply on rumors.  At least look at NAV and EPS and historical Dividend payments.  There are good counters that will give you more than current FD rate in dividend easily and perhaps decent capital gain too.


Just my opinion.


Do you think Human rights issue / ECT terminal issue may have some role to play in investor sentiment?
Practically and sentimentally, little.  The rise of the market indices is very local.  The performance of companies will have little impact, if any.

Think this is an over-simplification. The market did not drop because of some credit issues. 

Lots of negative investor sentiment now. Many countries, apart from China, would now be thinking twice before investing here. That is not a good sign.

27Tomorrow Market - Page 2 Empty Re: Tomorrow Market Wed Feb 03, 2021 10:15 am

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

95% of Margin clearance done, yesterday. Market will go up with cash again. do not be panic. Very Happy Very Happy Very Happy

ADVENTUS likes this post

28Tomorrow Market - Page 2 Empty Re: Tomorrow Market Wed Feb 03, 2021 11:33 am

Kipling


Expert
Expert

K99
I noted your NO to green. Seems like you are correct. Momentum dropping

KILLER99 likes this post

29Tomorrow Market - Page 2 Empty Re: Tomorrow Market Wed Feb 03, 2021 1:57 pm

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics

Kipling wrote:K99
I noted your NO to green. Seems like you are correct. Momentum dropping
It will take another 03 days or more to bounce back the market. Peoples are now shifting to safe side investment such as banks and high dividend yield company

30Tomorrow Market - Page 2 Empty Re: Tomorrow Market Wed Feb 03, 2021 2:29 pm

Mr. X


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

50% of the loss recovered.... Smile

ADVENTUS likes this post

31Tomorrow Market - Page 2 Empty Re: Tomorrow Market Wed Feb 03, 2021 2:35 pm

stockie

stockie
Senior Equity Analytic
Senior Equity Analytic

KILLER99 wrote:
Kipling wrote:K99
I noted your NO to green. Seems like you are correct. Momentum dropping
It will take another 03 days or more to bounce back the market. Peoples are now shifting to safe side investment such as banks and high dividend yield company

Thanks to you i got some HNB and NDB from the bottom today. During the day both became green to me  Smile Smile 

Thanks Again

ADVENTUS and judecroos like this post

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