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


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» SGH buys EXPO from retailers
by Chula Yesterday at 11:49 pm

» L G I L - Maharaja special
by Chula Yesterday at 9:32 pm

» What you need to remember is there is ALWAYS a way to make income from day trading stocks. Stock market for beginners and day traders
by Asoka Samarakone Yesterday at 9:00 pm

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by deli Yesterday at 5:13 pm

» HAYLEYS PLC (HAYL.N0000)
by EPS Yesterday at 8:34 am

» Technical update 12.08.2022 Maharaja
by Maharaja Fri Aug 12, 2022 10:38 pm

» Exterminators Plc (EXT.N)
by ErangaDS Fri Aug 12, 2022 9:44 pm

» CW Makie Highest Dividend Payer- EPS of Rs.10 for Quarter
by Ros123 Fri Aug 12, 2022 5:57 pm

» AAIC 100 = SCAP 16
by SamJay1974 Fri Aug 12, 2022 2:46 pm

» LOLC to enter the giant Indian Market
by samaritan Fri Aug 12, 2022 11:27 am

» Buy lofc tomorrow - Maharaja
by ashan silva Fri Aug 12, 2022 11:12 am

» HORANA PLANTATIONS PLC (HOPL)
by cheetah Fri Aug 12, 2022 11:05 am

» LOFC Future
by samansilva Fri Aug 12, 2022 11:05 am

» LIOC ....Get in soon
by samaritan Fri Aug 12, 2022 9:41 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by stocknoob Fri Aug 12, 2022 7:59 am

» RENUKA AGRI FOODS PLC (RAL.N0000) TP. 7
by cheetah Thu Aug 11, 2022 9:45 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Thu Aug 11, 2022 5:07 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by ErangaDS Thu Aug 11, 2022 5:05 pm

» US inflation eased slightly in July
by ADVENTUS Thu Aug 11, 2022 11:25 am

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Thu Aug 11, 2022 11:19 am

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™ » NOTICE from CSE,

NOTICE from CSE,

+13
investor1984
RIO
JennyFunny
Aamiable
nkalansu
Hiru
kotasa
dimithridesilva
hariesha
opfdo
windi5
pushpakumara
ROHAN
17 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1NOTICE from CSE, Empty NOTICE from CSE, Tue Sep 13, 2011 9:48 pm

ROHAN

ROHAN
Manager - Equity Analytics
Manager - Equity Analytics

TODAY 10.30am all the broker forum reseve a fax, from CSE (some brokers not inform it becouse they try to exite market with out lost) the NOTICE highly recommend clear the credit or if not cancel broker license,,,frends you got the news as well

after 10.40am market was down with huge selling presser.most of big players out of market with in 2 hourse.

So do somthing to protect your money..

some one say market rapidly down next three week

http://lk.duinvest.com/portal/LKCSE/homePage.html

2NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 9:52 pm

pushpakumara


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Clear credit before when? Any idea?

3NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 10:04 pm

windi5

windi5
Moderator
Moderator

I think 25% before end of sep 2011. and another 25% before end of dec 2011.50% had been cleared by end of dec 2010.Earlier report said, there were only 2b to be cleared out of 8b.

4NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 10:15 pm

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

ROHAN wrote:TODAY 10.30am all the broker forum reseve a fax, from CSE (some brokers not inform it becouse they try to exite market with out lost) the NOTICE highly recommend clear the credit or if not cancel broker license,,,frends you got the news as well

after 10.40am market was down with huge selling presser.most of big players out of market with in 2 hourse.

So do somthing to protect your money..

some one say market rapidly down next three week

Friend, "some one say market rapidly down next three week" "most of big players out of market with in 2 hourse". pls do not panic ppl by posting like this & do not post "some say.....". How do you know most big guns out within 2 hours????

There may be some selling pressure in coming days, but not much as you said. Because This will be effeted to the firms which are not having positive liquidity & other thing is as windi said there is no much credit to clear. So that pls do not make panic. Wait & see what will happen.

5NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 10:23 pm

pushpakumara


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

windi5 wrote:I think 25% before end of sep 2011. and another 25% before end of dec 2011.50% had been cleared by end of dec 2010.Earlier report said, there were only 2b to be cleared out of 8b.

Ah ok I thought the dates have been changed or something as original post mention that CSE has sent a "fax" , and was thinking why they in such a hurry.

6NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 11:10 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

This guy is trying to create panic. Should report to SEC in the morning. I am dealing with three brokers, and had a chat with one CEO in the eve. Nothing was mention as such. Most are optimistic market will end SEP by reaching 7500 level. Credit rule applies only to brokers, who do not have enough capital.

7NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 11:21 pm

dimithridesilva


Senior Equity Analytic
Senior Equity Analytic

if he asked like that we'll exit from market and ask him to run CSE... Shocked

8NOTICE from CSE, Empty Re: NOTICE from CSE, Tue Sep 13, 2011 11:24 pm

kotasa


Equity Analytic
Equity Analytic

ROHAN wrote:TODAY 10.30am all the broker forum reseve a fax, from CSE (some brokers not inform it becouse they try to exite market with out lost) the NOTICE highly recommend clear the credit or if not cancel broker license,,,frends you got the news as well

after 10.40am market was down with huge selling presser.most of big players out of market with in 2 hourse.

So do somthing to protect your money..

some one say market rapidly down next three week

Please do not try to create panic situation for your own good. This is not ethical. Please act as a responsible member.

9NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 12:05 am

Hiru


Manager - Equity Analytics
Manager - Equity Analytics

As I heard, brokers have been advised to be within T+5 credits, and therefore some force selling has occurred.

10NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 5:22 am

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Even though SEC has relaxed credit rules. I think they have not changed some of their previous decisions. As discussed by some in this forum, investors who were unable to clear debt as at 31.12.2010 were given an extension to settle 50% by 31st March 2011 and balance 50% by 30th June 2011.

Again the latter 50% was given an extension to settle 25% by 30th September 2011 and balance 25% by 31st December 2011. I do not think this got reversed. When I asked from my broker they were unable to confirm that SEC has revered this decision. So I think broker firms will stick with clearing 25% by 30th September 2011.

Can somebody confirm this? If this is the case we can expect some downward trend in the market by the end of this month. But this will be a slight downward trend since most of the debt is cleared by now. However the problem is, this is like a chain reaction. When some people see some red in the market they flock in and sell everything. So that will create huge movements and downward trend will be big and last for some time. Most of the new comers and investors who are not patient enough will create this scenario. This is the problem.

11NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 6:23 am

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

so dot panic for slight redness...avoid credit plese..

12NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 6:39 am

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Aamiable wrote:so dot panic for slight redness...avoid credit plese..

Exactly.....be patient. Investors who are patient will win. You can't earn millions overnight unless you are doing insider trading.

13NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 6:51 am

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

dont panic

14NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 7:36 am

windi5

windi5
Moderator
Moderator

I think there are not much credits to be cleared. Now T5 is in action, brokers who have less liquidity must implement force selling. So force selling might be continuing in everyday. Do any one in this forum has outstanding credits which is older more than 5 days?. I think CSE is monitoring the liquidity status of brokers in daily basis, so they should write letters warning brokers who do not adhere to that rule.

15NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 8:47 am

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

There has to be something with credit clearings...see the below post made by one of senior member...CSE Today.... it was posted on 09th of SEP ...so he has mentioned it much earlier to all our members...but doubt how many of forum members verified or prepared to face the situation...!

http://forum.srilankaequity.com/t9805-broker-credita-bait-by-sec?highlight=a+bait+by+sec

16NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 8:54 am

investor1984

investor1984
Manager - Equity Analytics
Manager - Equity Analytics

No need to worry mate, now there is a provision for credit , so brokers with assets will lend , brokers who have no liquid assets will force sell, but their customers will leave them . So the red light is On for the brokers with no liquid assets . its only 25% credit , we went through 50% credit clearance , and we survived.. actually we are live and kicking ... ASI above 6900 , dont panic people... good things are yet to come.

17NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 9:05 am

windi5

windi5
Moderator
Moderator

Lots of force selling took place even end of July.That was on of the main reason that brought mkt below 6500 level. With the SECs announcement on 16.Aug.2011, ppl rushed to buy shares on credits without proper studying of the new rule. Many brokers are not providing credits now or most of them are not up to the SECs requirements to provide credits so same T-5 has been implementing . Even after SECs announcement, force selling took place and we saw various posts by our members regarding force selling. That 8b story came before July, with the force selling took place in July, it should be a relatively small amount still to be cleared. Does any one know exactly the remaining amount of credits that is to be cleared?

18NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 12:28 pm

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

investor1984 wrote:No need to worry mate, now there is a provision for credit , so brokers with assets will lend , brokers who have no liquid assets will force sell, but their customers will leave them . So the red light is On for the brokers with no liquid assets . its only 25% credit , we went through 50% credit clearance , and we survived.. actually we are live and kicking ... ASI above 6900 , dont panic people... good things are yet to come.



You are 100% correct my friend. I fully agreee with your obsevatons.

+ rep from me.

19NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 2:07 pm

kumudu


Senior Equity Analytic
Senior Equity Analytic

you are not a investor but lackluster. people like you created grease devils

20NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 2:11 pm

kumudu


Senior Equity Analytic
Senior Equity Analytic

today's market is down due to euro zone bank down grade
http://www.reuters.com/article/2011/09/14/us-eurozone-idUSTRE78B24R20110914

21NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 2:44 pm

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kumudu wrote:today's market is down due to euro zone bank down grade
http://www.reuters.com/article/2011/09/14/us-eurozone-idUSTRE78B24R20110914

Damn Euro....!
Speak to your Adviser....SEC has ruled to clear all debts given recently (T+5) Todays fall due to force selling & we can expect a Down fall again by end of this month too due to clearing of Balance 25% credit

22NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 2:49 pm

kumudu


Senior Equity Analytic
Senior Equity Analytic

it is if you get credit beyond 50% of your portfolio and it can happen when your share price drop.

23NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 2:59 pm

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kumudu wrote:it is if you get credit beyond 50% of your portfolio and it can happen when your share price drop.

Brother I'm talking with hands on experience... my broker wanted me to settle today or face force sell as per SEC instructions they received recently. my credit is far below 20% of my portfolio value even if we take todays close AW prices....! (the broker firm is one of SL biggest & most financially sound one with the backing of a bank which is set up for the sole purpose of Developing the Nation)

24NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 3:10 pm

kumudu


Senior Equity Analytic
Senior Equity Analytic

ok, i have 1.4million credit. i asked my broker about this, he said there is no such settlement. find more details and confirm it please

25NOTICE from CSE, Empty Re: NOTICE from CSE, Wed Sep 14, 2011 4:20 pm

Genting


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

RIO wrote:
kumudu wrote:it is if you get credit beyond 50% of your portfolio and it can happen when your share price drop.

Brother I'm talking with hands on experience... my broker wanted me to settle today or face force sell as per SEC instructions they received recently. my credit is far below 20% of my portfolio value even if we take todays close AW prices....! (the broker firm is one of SL biggest & most financially sound one with the backing of a bank which is set up for the sole purpose of Developing the Nation)


Is it Acuity?

Today I was asked to settle my whole outstanding. But that was still under T+3. I think Acuity is having some problems with liquidity.

Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

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