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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» COCR IN TROUBLE?
by ApolloCSE Today at 2:01 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Yesterday at 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Yesterday at 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:38 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Wed Apr 24, 2024 10:20 am

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Wed Apr 24, 2024 8:37 am

» Sri Lanka confident of speedy debt resolution as positive economic reforms echoes at IMF/WB meetings
by samaritan Mon Apr 22, 2024 9:28 am

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by LAMDA Mon Apr 22, 2024 12:58 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Why CSE didn't collapse like NYSE?

+9
Nigel.Machado
wiki
Aamiable
JennyFunny
Antonym
duke
suja
opfdo
Genting
13 posters

Go down  Message [Page 1 of 1]

1Why CSE didn't collapse like NYSE? Empty Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 4:12 pm

Genting


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Today morning I saw that NYSE has gone through one of the worst day in the history. DOW has fell 512 points, 4.3%. This is not like CSE falling 4.3%. NYSE is one of the largest stock market in the world and a fall like this will wipe out billions of dollars!

When I looked other markets in Europe and Asia, most of them have fell more than 3%.

So, I made myself prepare for a 2-3% fall in the CSE.

The CSE started with a negative note and it kept on falling. I was bit happy cos my own prediction was going to come true. I saw ASI going down about 70 points. But suddenly, ASI started to move up, than going down. And finally ASI fell only 58.4 point, 0.84% not 2-3%.

I was disappointing because I wanted it to comedown to 6500 level.

So I started to think why it didn't fall?

When I was thinking, old saying came in to my mind "pedure inna kena wetenne ne!" (person who sleeps on a mat will not fall"

2Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 4:37 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

Genting wrote:Today morning I saw that NYSE has gone through one of the worst day in the history. DOW has fell 512 points, 4.3%. This is not like CSE falling 4.3%. NYSE is one of the largest stock market in the world and a fall like this will wipe out billions of dollars!

When I looked other markets in Europe and Asia, most of them have fell more than 3%.

So, I made myself prepare for a 2-3% fall in the CSE.

The CSE started with a negative note and it kept on falling. I was bit happy cos my own prediction was going to come true. I saw ASI going down about 70 points. But suddenly, ASI started to move up, than going down. And finally ASI fell only 58.4 point, 0.84% not 2-3%.

I was disappointing because I wanted it to comedown to 6500 level.

So I started to think why it didn't fall?

When I was thinking, old saying came in to my mind "pedure inna kena wetenne ne!" (person who sleeps on a mat will not fall"


you are really selfish person to me. i can easily understand by reading this. you must undersatnd one thing. CSE not like NYSE, NYSE down because of their debt crisis. CSE down by force of SEC & non practical rules. No this is an artificial down to me.

3Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 4:45 pm

suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Guys, How sure are we that this is the tip of the ice berg and it will continue to fall on Monday? , see the buying is low at the current juncture and is little over a 1Bn.

4Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 5:00 pm

Genting


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

osmand wrote:


you are really selfish person to me. i can easily understand by reading this. you must undersatnd one thing. CSE not like NYSE, NYSE down because of their debt crisis. CSE down by force of SEC & non practical rules. No this is an artificial down to me.

I got my hard earned money in CSE, so I don't want it fall at all.

Seems like you didn't get what I was trying to say. suja has got it right.

5Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 5:09 pm

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CSE is insignificantly so small and manipulated.
If I remember correctly CSE is the size of 0.01% Bombay stock exchange. Then compare that with NYSE. It's nothing. It is easy to control because there's nothing much in it. CSE is not going down naturally because SEC is in away controlling it. Otherwise if you let it move up and down naturally I think it should go down by about 1000 points. In the recent times credit issue is keeping the CSE up.

6Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 5:47 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

The ASI has declined by 14% from this year's peak (in February). The sell-off has been relatively gradual and orderly - caused more by credit issues than matters relating to Sri Lanka's fundamentals.

As an economy, we are somewhat insulated from the USA's and Europe's financial problems; of course, exporters to these countries would be adversely impacted.

Interestingly, even after yesterday's tumble, the S&P 500 Index has dropped by only 12.4% from its 2011 peak.

7Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 8:08 pm

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Genting are u 100% in the market right now?

8Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 8:16 pm

Genting


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SanjivFund wrote:Genting are u 100% in the market right now?

Yes! no credit, 100% invested.

I think these days are very rare days we can find.

Overall PER is around 20-21. Companies are coming up with good results. Tax cuts for companies. ... list goes on.

So, everything is in the positive side to make the market up. (except Mrs SEC)

I don't want to jump in to running buses. So, I have invested 100% and waiting.....

9Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 8:27 pm

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

Antonym wrote:The ASI has declined by 14% from this year's peak (in February). The sell-off has been relatively gradual and orderly - caused more by credit issues than matters relating to Sri Lanka's fundamentals.

As an economy, we are somewhat insulated from the USA's and Europe's financial problems; of course, exporters to these countries would be adversely impacted.

Interestingly, even after yesterday's tumble, the S&P 500 Index has dropped by only 12.4% from its 2011 peak.


I think credit issue is largely over,.... time to concentrate on CSE. ......Next week onwards CSE may start a steady and solid upward growth ....without having to worry about all those issues..... Smile Very Happy

10Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 9:06 pm

wiki


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

duke wrote:CSE is insignificantly so small and manipulated.
If I remember correctly CSE is the size of 0.01% Bombay stock exchange. Then compare that with NYSE. It's nothing. It is easy to control because there's nothing much in it. CSE is not going down naturally because SEC is in away controlling it. Otherwise if you let it move up and down naturally I think it should go down by about 1000 points. In the recent times credit issue is keeping the CSE up.

CSE nothing when compared with NYSE. Roughly our market size is 2400 billion rupees . Apple company has $76 billion in cash (i.e 76*110 billion rupees ) one US company. http://online.wsj.com/article/SB10001424053111903885604576488610061220534.html?mod=WSJAsia_hpp_LEFTTopStories

11Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 9:39 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics

i cashed out at a marginal loss of 2% compared to my last month portfolio value. scratch

i expect cse to fall on monday unless sec relaxes some regulations. confused

cse always react late!! lol!

12Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 10:22 pm

stockdad


Senior Equity Analytic
Senior Equity Analytic

Nigel.Machado wrote:i cashed out at a marginal loss of 2% compared to my last month portfolio value. scratch

i expect cse to fall on monday unless sec relaxes some regulations. confused

cse always react late!! lol!


CSE -always reacts late.
SEC -always no reaction.

13Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 10:59 pm

MJ


Manager - Equity Analytics
Manager - Equity Analytics

NYSE and DOW, Both are recovering at a rate !!!

14Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Fri Aug 05, 2011 11:07 pm

nahsuk

nahsuk
Manager - Equity Analytics
Manager - Equity Analytics

If CSE collapse like NYSE CSE will closed for few weeks & investors will suicide

15Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Sat Aug 06, 2011 12:09 pm

Investor99


Manager - Equity Analytics
Manager - Equity Analytics

I also agree with Genting and I have also being investing during the last few weeks too. The truth is this is a buying opportunity for me and don’t want to let it go. I am a long term investor and there are a few growth sectors and I see lots of fundamentally strong shares which are undervalued at unbelievable discounted prices. And these counters will yield good results in the next 12 to18 months.

16Why CSE didn't collapse like NYSE? Empty Re: Why CSE didn't collapse like NYSE? Sat Aug 06, 2011 2:26 pm

MJ


Manager - Equity Analytics
Manager - Equity Analytics

Investor99 wrote:I also agree with Genting and I have also being investing during the last few weeks too. The truth is this is a buying opportunity for me and don’t want to let it go. I am a long term investor and there are a few growth sectors and I see lots of fundamentally strong shares which are undervalued at unbelievable discounted prices. And these counters will yield good results in the next 12 to18 months.
What are the most undervalued you find in the market

Sponsored content



Back to top  Message [Page 1 of 1]

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