What will happen tomorrow?

EquityChamp · **1001** Re: What will happen tomorrow? Tue Jun 09, 2020 1:03 pm

EquityChamp

Moderator

Posts : 4068
Join date : 2014-11-05

Good topic for a discussion. Right now market is having a short terms correction from its absurd downfall with Covid 19. Most of the stocks have gained fair degree of % from the very low lows. However currently I see some stocks having strong technical rallies. To name few,

a) AEL - currently trading @ 17.60
b) TKYO - currently trading @ 31
c) MGT - Currently trading @ 11.20

All of these have strong upside during the weeks to come technically. Of course some have speculative reasons too.

ResearchMan · **1002** Re: What will happen tomorrow? Tue Jun 09, 2020 1:24 pm

ResearchMan

Manager - Equity Analytics

Posts : 273
Join date : 2019-11-13

Sorry not for me. Follow wall street appt for fair value.
In value investment, one of the most important and difficult aspects of stock selection is determining whether you have found a real value investment or a value trap. Characteristics of a real value investment would be consistent or growing cash flow for shareholders, a business plan for products that have competitive advantages, and quality straightforward financial statements. Value and growth traps are not value and growth stocks.

celtic tiger · **1003** Re: What will happen tomorrow? Wed Jun 10, 2020 12:57 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Join date : 2013-03-23

EquityChamp wrote:Good topic for a discussion. Right now market is having a short terms correction from its absurd downfall with Covid 19. Most of the stocks have gained fair degree of % from the very low lows. However currently I see some stocks having strong technical rallies. To name few,

a) AEL - currently trading @ 17.60
b) TKYO - currently trading @ 31
c) MGT - Currently trading @ 11.20

All of these have strong upside during the weeks to come technically. Of course some have speculative reasons too.

next thing we need to know is the historical technical barriers for each of these shares.
ex- AEL 1 barrier at 18 and next at 22

ResearchMan · **1004** Re: What will happen tomorrow? Thu Jun 11, 2020 2:13 pm

ResearchMan

Manager - Equity Analytics

Posts : 273
Join date : 2019-11-13

Problems for highly leveraged companies in the credit markets have contributed to severe losses in equity markets. The coronavirus pandemic has exposed long-ignored market vulnerability: high levels of corporate debt. Companies with high debt are paying the price.

celtic tiger · **1005** Re: What will happen tomorrow? Mon Jun 15, 2020 1:59 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Join date : 2013-03-23

It s look like foreign selling pressure wining .

celtic tiger · **1006** Re: What will happen tomorrow? Fri Jul 03, 2020 2:40 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5740
Reputation : 21
Join date : 2013-03-23

when big players want to dump they manipulate the market

.when they done we see the real colour Embarassed

Teller · **1007** Re: What will happen tomorrow? Fri Jul 03, 2020 8:13 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17132
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

I tried to tell this last 10 years, but few people understood me

Miss-Sangeetha · **1008** Re: What will happen tomorrow? Fri Jul 03, 2020 9:11 pm

Miss-Sangeetha

Moderator

Posts : 763
Equity Stars : 4146
Reputation : 288
Join date : 2016-06-27
Age : 28

Teller wrote:I tried to tell this last 10 years, but few people understood me

You join the forum in 2013 only 7 years with forum. How you tried to tell this for last 10 years?

May be your manipulation with your broker boss

Teller · **1009** Re: What will happen tomorrow? Fri Jul 03, 2020 11:26 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17132
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

A good question , i worked for another forum earlier. Dont assume the Rome was built with in a day. It took long time. I gathered my experience through a long journey.

celtic tiger · **1010** Re: What will happen tomorrow? Sat Jul 04, 2020 12:39 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5740
Reputation : 21
Join date : 2013-03-23

Teller wrote:I tried to tell this last 10 years, but few people understood me

some one's lost is another's gain and that is the game we are in. most of the time BIG and POWER wins.That is the rule of in THE......

Nicerider1978 · **1011** Re: What will happen tomorrow? Sun Jul 05, 2020 3:35 pm

Nicerider1978

Stock Analytic

Posts : 18
Equity Stars : 1442
Reputation : 0
Join date : 2020-06-17

What impact can be expected from this move?

http://www.sundaytimes.lk/200705/business-times/government-mulls-single-shareholder-limit-increase-in-banks-408136.html

samaritan · **1012** Re: What will happen tomorrow? Mon Jul 06, 2020 1:22 pm

samaritan

Moderator

Posts : 4126
Equity Stars : 9147
Reputation : 188
Join date : 2015-05-16

Any news that changed the negative market trend today???

Thushara Ayya · **1013** Re: What will happen tomorrow? Mon Jul 06, 2020 4:55 pm

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7195
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

I think JKH huge selling is over now.... 112/= level is good level

celtic tiger · **1014** Re: What will happen tomorrow? Wed Jul 08, 2020 1:20 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5740
Reputation : 21
Join date : 2013-03-23

Low interest rates will attract more investors to equity and property but weakening rupee and weak 2nd quarterly reports will keep CSE in volatile territory.

reyaz · **1015** Re: What will happen tomorrow? Wed Jul 08, 2020 1:29 pm

reyaz

Senior Manager - Equity Analytics

Posts : 498
Equity Stars : 5455
Reputation : 16
Join date : 2011-03-10
Age : 89

Why is ASPI down? Why JKH down?

sheildskye · **1016** Re: What will happen tomorrow? Wed Jul 08, 2020 1:36 pm

sheildskye

Manager - Equity Analytics

Posts : 231
Equity Stars : 3439
Reputation : 2
Join date : 2015-09-08
Age : 37

reyaz wrote:Why is ASPI down? Why JKH down?

You have been here since 2011, you tell us manager sir!

sheildskye · **1017** Re: What will happen tomorrow? Wed Jul 08, 2020 1:42 pm

sheildskye

Manager - Equity Analytics

Posts : 231
Equity Stars : 3439
Reputation : 2
Join date : 2015-09-08
Age : 37

celtic tiger wrote:At the moment foreign selling and local buying-may be EPF, can epf absorb all the foreign selling presser? If answer is YES ,market will be green,if not bottom will be deeper. what do you think ?

Honestly, I dont know if they can take that pressure. We have to see employment data-- particularly number of retirees against new recruits to see fund strength. We cannot build walls without bricks. We need data-- particularly market responses to similar incidents in the past. This is not rocket science. -Robert Downey Jr. sans Gotabaya Rajapakse Very Happy

Bargain · **1018** Re: What will happen tomorrow? Wed Jul 08, 2020 1:44 pm

Bargain

Equity Analytic

Posts : 41
Equity Stars : 1447
Reputation : 0
Join date : 2020-07-04

You know Why bargain good; Jkh not good?

sheildskye · **1019** Re: What will happen tomorrow? Thu Jul 09, 2020 9:15 am

sheildskye

Manager - Equity Analytics

Posts : 231
Equity Stars : 3439
Reputation : 2
Join date : 2015-09-08
Age : 37

Foreign banks are pulling the plug on their hedge fund managers because they happen to own Insurance companies who have to pay staggering figures as claims. As a result, foreign selling was triggured and now the market indices are falling. making sense of everything.... anyone else?

reyaz · **1020** Re: What will happen tomorrow? Thu Jul 09, 2020 9:20 am

reyaz

Senior Manager - Equity Analytics

Posts : 498
Equity Stars : 5455
Reputation : 16
Join date : 2011-03-10
Age : 89

sheildskye wrote:

reyaz wrote:Why is ASPI down? Why JKH down?

You have been here since 2011, you tell us manager sir!

Times have changed dear, I was trading since 1992. I just need additional input, that is all.
Do you work for a broker? if you don't mind me asking

sheildskye · **1021** Re: What will happen tomorrow? Thu Jul 09, 2020 9:37 am

sheildskye

Manager - Equity Analytics

Posts : 231
Equity Stars : 3439
Reputation : 2
Join date : 2015-09-08
Age : 37

I work for a foundation of a reputed politician, who is not among us anymore.

celtic tiger · **1022** Re: What will happen tomorrow? Thu Jul 09, 2020 12:41 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5740
Reputation : 21
Join date : 2013-03-23

sheildskye wrote:Foreign banks are pulling the plug on their hedge fund managers because they happen to own Insurance companies who have to pay staggering figures as claims. As a result, foreign selling was triggured and now the market indices are falling. making sense of everything.... anyone else?

Good point but if it is the case other emerging market should have same problem. I still think future depreciation of rupee is the biggest concern for foreigners .

Bargain · **1023** Re: What will happen tomorrow? Thu Jul 09, 2020 3:27 pm

Bargain

Equity Analytic

Posts : 41
Equity Stars : 1447
Reputation : 0
Join date : 2020-07-04

Try to understand Chinese stocks euphoria; bargains. China might not be the first market that investors think about when it comes to big gains in 2020.Who says these stocks are bargains? JKH, HEMS, COMB, SAMP, RCL, ACL, AEL and CCS. Look @ their ROE 2.8, 3, 9.3,8.5,6.2,,5.2,9.6%.

Equity Suda · **1024** Re: What will happen tomorrow? Thu Jul 09, 2020 4:18 pm

Equity Suda

Senior Equity Analytic

Posts : 91
Equity Stars : 3250
Reputation : 2
Join date : 2015-10-13

what is happening in AAF and ACAP

celtic tiger · **1025** Re: What will happen tomorrow? Fri Jul 10, 2020 12:59 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5740
Reputation : 21
Join date : 2013-03-23

Equity Suda wrote:what is happening in AAF and ACAP

Low interest rate will hurt this sect..

Bargain · **1026** Re: What will happen tomorrow? Mon Jul 13, 2020 11:17 am

Bargain

Equity Analytic

Posts : 41
Equity Stars : 1447
Reputation : 0
Join date : 2020-07-04

Try to understand bargains. Who says wata,toky, cfvf bargains?

dayandacool · **1027** Re: What will happen tomorrow? Mon Jul 13, 2020 11:22 am

dayandacool

Moderator

Posts : 539
Equity Stars : 2272
Reputation : 11
Join date : 2019-08-26
Location : Colombo

Bargain wrote:Try to understand bargains. Who says wata,toky, cfvf bargains?

CFVF for sure, No quick gains.gotta hold em..

celtic tiger · **1028** Re: What will happen tomorrow? Tue Jul 14, 2020 12:41 am

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5740
Reputation : 21
Join date : 2013-03-23

I think best thing to do right now is to become a spectator.I was one for last 5 years ,and I will be for another 5 weeks.

samaritan · **1029** Re: What will happen tomorrow? Tue Jul 14, 2020 11:07 am

samaritan

Moderator

Posts : 4126
Equity Stars : 9147
Reputation : 188
Join date : 2015-05-16

After a long spell CSE witnessed a net inflow of Rs157 Million from foreign purchases yesterday, where locals were selling in panic due to fear virus attacking the brains!

dayandacool · **1030** Re: What will happen tomorrow? Tue Jul 14, 2020 11:10 am

dayandacool

Moderator

Posts : 539
Equity Stars : 2272
Reputation : 11
Join date : 2019-08-26
Location : Colombo

Green start!!

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

What will happen tomorrow?

1001 Re: What will happen tomorrow? Tue Jun 09, 2020 1:03 pm

EquityChamp

1002 Re: What will happen tomorrow? Tue Jun 09, 2020 1:24 pm

ResearchMan

1003 Re: What will happen tomorrow? Wed Jun 10, 2020 12:57 pm

celtic tiger

1004 Re: What will happen tomorrow? Thu Jun 11, 2020 2:13 pm

ResearchMan

1005 Re: What will happen tomorrow? Mon Jun 15, 2020 1:59 pm

celtic tiger

1006 Re: What will happen tomorrow? Fri Jul 03, 2020 2:40 pm

celtic tiger

1007 Re: What will happen tomorrow? Fri Jul 03, 2020 8:13 pm

Teller

1008 Re: What will happen tomorrow? Fri Jul 03, 2020 9:11 pm

Miss-Sangeetha

1009 Re: What will happen tomorrow? Fri Jul 03, 2020 11:26 pm

Teller

1010 Re: What will happen tomorrow? Sat Jul 04, 2020 12:39 pm

celtic tiger

1011 Re: What will happen tomorrow? Sun Jul 05, 2020 3:35 pm

Nicerider1978

1012 Re: What will happen tomorrow? Mon Jul 06, 2020 1:22 pm

samaritan

1013 Re: What will happen tomorrow? Mon Jul 06, 2020 4:55 pm

Thushara Ayya

1014 Re: What will happen tomorrow? Wed Jul 08, 2020 1:20 pm

celtic tiger

1015 Re: What will happen tomorrow? Wed Jul 08, 2020 1:29 pm

reyaz

1016 Re: What will happen tomorrow? Wed Jul 08, 2020 1:36 pm

sheildskye

1017 Re: What will happen tomorrow? Wed Jul 08, 2020 1:42 pm

sheildskye

1018 Re: What will happen tomorrow? Wed Jul 08, 2020 1:44 pm

Bargain

1019 Re: What will happen tomorrow? Thu Jul 09, 2020 9:15 am

sheildskye

1020 Re: What will happen tomorrow? Thu Jul 09, 2020 9:20 am

reyaz

1021 Re: What will happen tomorrow? Thu Jul 09, 2020 9:37 am

sheildskye

1022 Re: What will happen tomorrow? Thu Jul 09, 2020 12:41 pm

celtic tiger

1023 Re: What will happen tomorrow? Thu Jul 09, 2020 3:27 pm

Bargain

1024 Re: What will happen tomorrow? Thu Jul 09, 2020 4:18 pm

Equity Suda

1025 Re: What will happen tomorrow? Fri Jul 10, 2020 12:59 pm

celtic tiger

1026 Re: What will happen tomorrow? Mon Jul 13, 2020 11:17 am

Bargain

1027 Re: What will happen tomorrow? Mon Jul 13, 2020 11:22 am

dayandacool

1028 Re: What will happen tomorrow? Tue Jul 14, 2020 12:41 am

celtic tiger

1029 Re: What will happen tomorrow? Tue Jul 14, 2020 11:07 am

samaritan

1030 Re: What will happen tomorrow? Tue Jul 14, 2020 11:10 am

dayandacool

1031 Re: What will happen tomorrow?

Sponsored content

New topics