CSE : Are we on the right path??

Slstock · 1 CSE : Are we on the right path?? Fri Feb 25, 2011 10:24 am

Slstock

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Market up around 2%. Have your portfolio gone up by 0.5% atleast? From the top 10 list right now, I can pick 3 fundamentals if I stretch. Are we on the right path to a sustainable market is the question if we go on like this?

WAPO.N0000 WATAPOTA 1942.2 647.40 50.00 2,800 24
UCAR.N0000 UNION CHEMICALS 666 221.30 49.76 500 5
SELI.N0000 SELINSING 1290 340.00 35.79 1,100 3
PHAR.N0000 COL PHARMACY 4010 794.60 24.71 13,100 116
NEH.N0000 NUWARA ELIYA 1199 181.50 17.84 100 1
SEMB.W0016 SEYLAN MERCHANT BANK PLC. (Warrants) 0.7 0.10 16.67 20,200 47
SHAL.N0000 SHALIMAR 1050 130.00 14.13 3,900 31
ASPH.N0000 INDUSTRIAL ASPH. 450 50.00 12.50 100 1
LALU.N0000 LANKA ALUMINIUM 68.2 7.50 12.36 9,500 23
MORI.X0000 MORISONS (Non Voting) 2250 247.10 12.34 400 4

Monster · 2 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 10:35 am

Monster

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Only thing what I can say at this moment.

Warren Buffett has said

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

optimistic · 3 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:07 am

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This doesnt seem very promising. WAPO has been shooting 50% everyday for the last 1 week or more. I dont know how is that possible. Somebody will have to step in and take action before things get ugly.

Monster · 4 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:08 am

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optimistic wrote:This doesnt seem very promising. WAPO has been shooting 50% everyday for the last 1 week or more. I dont know how is that possible. Somebody will have to step in and take action before things get ugly.

Why CSE is silent?

tubal · 5 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:13 am

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Don't forget the margin factor. I fear that it's going to come into play sooner or later. If it does, it wouldn't matter if you invested in absolute bargains. Shares trading at rediculously low PEs. It wouldn't matter if you invested JKH, HNB, COMB they will all be effected.

Gaja · 6 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:23 am

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i am also afraid on the way it is moving, don't whats the way its moving

econ · 7 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:26 am

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this carson group is becomming problematic. if this group company stock prices up market up massively.
and people think that market overheated and start correction but truth is that only those group company shares up when the correction comes every other shares affected.

Slstock · 8 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:31 am

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econ wrote:this carson group is becomming problematic. if this group company stock prices up market up massively.
and people think that market overheated and start correction but truth is that only those group company shares up when the correction comes every other shares affected.

Yes Tubal and Econ.

Below is what I said in another thread regarding this morning before the commotion. This applies to most of stock which went up today . Carson group seems to be leader in this issue due to large market cap.

"Well look from the good side. Atleast after this there will be lesser illiquid companies to drive the market up to insane levels and then come down taking the rest of the market with them to hurt the small timer investors. Am not parcularily talking about these shares but in general.

Yet again don;t know whether these shares will go up today."

http://forum.srilankaequity.com/t1146p10-offer-by-cars-buki-to-acquire-the-minority-shareholding-of-seligoodshalindo

Gaja · 9 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:34 am

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i have the buying power in my margin account, but i feel its better to wait and see than buying anything, can anybody suggest undervalued counters with the supporting analysis, just for information only i am asking, and i am not going purely rely on it

mark · 10 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:35 am

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optimistic wrote:This doesnt seem very promising. WAPO has been shooting 50% everyday for the last 1 week or more. I dont know how is that possible. Somebody will have to step in and take action before things get ugly.

WAPO--------- Evil or Very Mad

Gaja · 11 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:36 am

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i thing carson group & ERI group is the reason for the up

Slstock · 12 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:37 am

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mark wrote:

optimistic wrote:This doesnt seem very promising. WAPO has been shooting 50% everyday for the last 1 week or more. I dont know how is that possible. Somebody will have to step in and take action before things get ugly.

WAPO---------

WAPO , APOOOOO

mark · 13 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:39 am

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Gaja wrote:i thing carson group & ERI group is the reason for the up

many are oil palms and illiquid shares................ Sad

Monster · 14 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:40 am

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slstock wrote:

mark wrote:

optimistic wrote:This doesnt seem very promising. WAPO has been shooting 50% everyday for the last 1 week or more. I dont know how is that possible. Somebody will have to step in and take action before things get ugly.

WAPO---------

WAPO , APOOOOO

CSE should take steps to avoid a major disastor. Let's wait and see. Neutral

mark · 15 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 11:40 am

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slstock wrote:

mark wrote:

optimistic wrote:This doesnt seem very promising. WAPO has been shooting 50% everyday for the last 1 week or more. I dont know how is that possible. Somebody will have to step in and take action before things get ugly.

WAPO---------

WAPO , APOOOOO

ane manda............what a stock exchange we have.........i don't know what strategy to follow........... Sad

mark · 16 Re: CSE : Are we on the right path?? Fri Feb 25, 2011 12:02 pm

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slstock wrote:
Market up around 2%. Have your portfolio gone up by 0.5% atleast? From the top 10 list right now, I can pick 3 fundamentals if I stretch. Are we on the right path to a sustainable market is the question if we go on like this?

WAPO.N0000 WATAPOTA 1942.2 647.40 50.00 2,800 24
UCAR.N0000 UNION CHEMICALS 666 221.30 49.76 500 5
SELI.N0000 SELINSING 1290 340.00 35.79 1,100 3
PHAR.N0000 COL PHARMACY 4010 794.60 24.71 13,100 116
NEH.N0000 NUWARA ELIYA 1199 181.50 17.84 100 1
SEMB.W0016 SEYLAN MERCHANT BANK PLC. (Warrants) 0.7 0.10 16.67 20,200 47
SHAL.N0000 SHALIMAR 1050 130.00 14.13 3,900 31
ASPH.N0000 INDUSTRIAL ASPH. 450 50.00 12.50 100 1
LALU.N0000 LANKA ALUMINIUM 68.2 7.50 12.36 9,500 23
MORI.X0000 MORISONS (Non Voting) 2250 247.10 12.34 400 4

if you got sound stocks ,no need to worry....be patient.............. Smile