Experts, Pls shed some light on whats happening

LankanLion · 1 Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:14 pm

LankanLion

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experts what is happening? why such a down fall and by when can we expect a bounce back???

greedy007 · 2 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:44 pm

greedy007

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I'm not an expert.
What goes up need to come down and vice versa.

Roboticfx · 3 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:49 pm

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5450 support level has been broken. Market will bounce back on Monday! I'm sure.

I am not an expert also.! Very Happy

sapumal · 4 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:53 pm

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I also think that. But for that BUKI need to close @871

Roboticfx · 5 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 1:00 pm

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Next support level may be 5280 and resistance may be 54xx. Not sure!

mra · 6 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 1:08 pm

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Technical analysis not gonne work on these circumstances. i'm afraid may be further dn .....

unstable unhealthy economic conditions we are experiencing now. locally and i'nationally.. how much boasting our govt. doing not going to help.
reality is far different..

LankanBusiness · 7 Fundamentals Thu Feb 09, 2012 1:10 pm

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To look at the reason for sudden drop in stock values we need to look at the fundamentals

1. Interest rate going up and will go up further makes CSE less attractive
2. Weakening rupee might result in higher than expected inflation eroding earnings
3. Servicing government debt - all that money borrowed needs to be repaid - this will again reduce liquidity in the money markets
4. Corporate earnings being affected - higher borrowing cost/ wage increases/ energy cost/ demand for US, EU and middle east dropping etc

We shouldn't be surprised if index drops further- just have our parachutes ready

UKboy · 8 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 1:13 pm

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It's too late now.

Academic · 9 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 9:47 pm

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Without much explanation I would like to put forward my opinion here.

This the time to start collecting little by little.
However, note that banking stocks may further go down.

This is not an investment recommendation. I do not call myself an expert

smallville · 10 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 10:16 pm

smallville

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@Academic wrote:
Without much explanation I would like to put forward my opinion here.

This the time to start collecting little by little.
However, note that banking stocks may further go down.
This is not an investment recommendation. I do not call myself an expert

Little by little.. Yes..

STOCK SLAYER · 11 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 11:16 pm

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you don't need to be a expert to understand the market.when rupee is falling sri lankan economy is falling apart.sri lanka is not a manufacturing country.we mainly import everything;so when rupee is downgraded imports look expensive and exports look cheap ;while our main export tea and apparel are having problems like usa sanctions towards iran and dry weather made tea exports less,EU GSP+ is now hitting hard when gov people said we don't need it years back.

JKH shares went down and cse index went down due to less tea bulk exports(this is only an one factor).
manipulation by politicians and uneducated investor created foreign investors to not trust the market and made them, to take off the foreign funds off the market .

sri lankan goverment has a budget deficit while government investment are not producing income but more debt. Sad

i will not give examples as you all have brains.

so really sri lanka is showing signs off bottoming out their economy.
according to me CSE ASPI will get stable from 3500 to 4500 points within next six months. Shocked

I may not be correct but if cbsl does n't take action but acts as a MR institution we will soon be heading in the path of greece.

GOD BLESS SRI LANKA!!!! Question

mark · 12 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 11:32 pm

mark

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@STOCK SLAYER wrote:you don't need to be a expert to understand the market.when rupee is falling sri lankan economy is falling apart.sri lanka is not a manufacturing country.we mainly import everything;so when rupee is downgraded imports look expensive and exports look cheap ;while our main export tea and apparel are having problems like usa sanctions towards iran and dry weather made tea exports less,EU GSP+ is now hitting hard when gov people said we don't need it years back.

JKH shares went down and cse index went down due to less tea bulk exports(this is only an one factor).
manipulation by politicians and uneducated investor created foreign investors to not trust the market and made them, to take off the foreign funds off the market .

sri lankan goverment has a budget deficit while government investment are not producing income but more debt. i will not give examples as you all have brains.

so really sri lanka is showing signs off bottoming out their economy.
according to me CSE ASPI will get stable from 3500 to 4500 points within next six months.

I may not be correct but if cbsl does n't take action but acts as a MR institution we will soon be heading in the path of greece.

GOD BLESS SRI LANKA!!!!

spot on you mate,ya god bless for the miracle..
clearly political intervenes. Evil or Very Mad

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Experts, Pls shed some light on whats happening

1 Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:14 pm

LankanLion

2 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:44 pm

greedy007

3 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:49 pm

Roboticfx

4 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 12:53 pm

sapumal

5 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 1:00 pm

Roboticfx

6 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 1:08 pm

mra

7 Fundamentals Thu Feb 09, 2012 1:10 pm

LankanBusiness

8 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 1:13 pm

UKboy

9 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 9:47 pm

Academic

10 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 10:16 pm

smallville

11 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 11:16 pm

STOCK SLAYER

12 Re: Experts, Pls shed some light on whats happening Thu Feb 09, 2012 11:32 pm

mark

13 Re: Experts, Pls shed some light on whats happening

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