It may be too little too late!

zenobia · 1 It may be too little too late! Fri Apr 20, 2012 9:50 am

zenobia

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The removal of the price band and other oppressive laws seem to be doing little to elevate the market mood after destroying it for soo long! Look at the volumes and gains – they could have been much bigger. Following reasons may add to a persistently weak market: good interest rates for bank deposits (much less risk), retailers may have lost tremendous amounts of money in the stock market during past two years so that they have nothing to spare and invest in such a risky environment.

aj · 2 Re: It may be too little too late! Fri Apr 20, 2012 9:52 am

aj

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Why do you think the market should jump up? Did the companies found gem mines in their properties?

zenobia · 3 Re: It may be too little too late! Fri Apr 20, 2012 10:04 am

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even gems cannot be sold at the right price if there is no demand

Slstock · 4 Re: It may be too little too late! Fri Apr 20, 2012 10:13 am

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zenobia wrote:even gems cannot be sold at the right price if there is no demand

I like that statement. Wink

aj · 5 Re: It may be too little too late! Fri Apr 20, 2012 10:17 am

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in the last few years we saw local investors buying worthless stones like crazy thinking they would convert to gems. That's why all these rules came in the first place.

kam2011 · 6 Re: It may be too little too late! Fri Apr 20, 2012 10:46 am

kam2011

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zenobia wrote:even gems cannot be sold at the right price if there is no demand

Nice statement. Everything depends on demand and supply. Either gem , shares or any other thing..

hawklk · 7 Re: It may be too little too late! Fri Apr 20, 2012 10:48 am

hawklk

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Sri Lanka is always "too little too late " in everything.....

aj · 8 Re: It may be too little too late! Fri Apr 20, 2012 10:49 am

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hawklk wrote:Sri Lanka is always "too little too late " in everything.....

Yeah now blame it on the price band.

Redbulls · 9 Re: It may be too little too late! Fri Apr 20, 2012 10:54 am

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At least lifting Price Band brought more visitors to this forum.

Slstock · 10 Re: It may be too little too late! Fri Apr 20, 2012 11:12 am

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Redbulls wrote:At least lifting Price Band brought more visitors to this forum.

Yeah, wait till the bull starts ( when ever). We are going to get so many posters back who who are staying away now. One time we had over 500 online at a time. Even today around 50% of that.

Market sentiments and one negative news after another has killed the short term/retailer equity market . Yes some companies will be hurt due to fuel, currency prices and escalating Cop. But the way people were selling, it appears like they expect all companies to make losses.

Mental games more than facts rule during speculative times ( up or down). After all who runs the equity markets ?

Last edited by slstock on Fri Apr 20, 2012 11:26 am; edited 1 time in total

UKboy · 11 Re: It may be too little too late! Fri Apr 20, 2012 11:22 am

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Anybody knows when they will implement the DVP system?

kam2011 · 12 Re: It may be too little too late! Fri Apr 20, 2012 11:27 am

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slstock wrote:

Redbulls wrote:At least lifting Price Band brought more visitors to this forum.

Yeah, wait till the bull starts ( when ever). We are going to get so many posters back who who are staying away now. One time we had over 500 online at a time. Even today around 50% of that.

Market sentiments and one negative news after another has killed the short term/retailer equity market . Yes some companies will be hurt due to fuel, currency prices. But the way people were selling it appears like they expect all companies to make losses.

Mental games more than facts rule during speculative times ( up or down). After all who runs the equity markets ?

I feel that we don't want to be worry too much on few bad things happened recently. IMF and ADB and all financial institution funding our projects have a good confidence on country's high growth rate. ADB too expect more than 7% growth this year and significant growth in the future too. So I think our good time is very close now.

Slstock · 13 Re: It may be too little too late! Fri Apr 20, 2012 11:34 am

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kam2011 wrote:

slstock wrote:

Redbulls wrote:At least lifting Price Band brought more visitors to this forum.

Yeah, wait till the bull starts ( when ever). We are going to get so many posters back who who are staying away now. One time we had over 500 online at a time. Even today around 50% of that.

Market sentiments and one negative news after another has killed the short term/retailer equity market . Yes some companies will be hurt due to fuel, currency prices. But the way people were selling it appears like they expect all companies to make losses.

Mental games more than facts rule during speculative times ( up or down). After all who runs the equity markets ?

I feel that we don't want to be worry too much on few bad things happened recently. IMF and ADB and all financial institution funding our projects have a good confidence on country's high growth rate. ADB too expect more than 7% growth this year and significant growth in the future too. So I think our good time is very close now.

Still volume is small. I recall just before the new ATS was introduce a positive trend was forming . Next day ATS7 was introduced and negativity started.

It ASi break 5600 with heavy volume maybe we can start hinting something more positive.

aj · 14 Re: It may be too little too late! Fri Apr 20, 2012 11:39 am

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Just to put the GDP into perspective as we're always born today. Even before defeating the terrorism there were years which Sri Lanka had 7% growth. 7% growth does not mean exceptional. It means just usual. But I don't trust the reports.
One thing I heard is that the way they increase the GDP is to add up so far unrecorded income into the formula. For example I've heard that income made by rural community or agriculture is not recorded proper. But it has been going on for decades. Imagine you add up those to the books. You get a huge boost all of a sudden without doing anything on paper or nothing changed in the people's state.

aj · 15 Re: It may be too little too late! Fri Apr 20, 2012 11:42 am

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slstock wrote:Still volume is small. I recall just before the new ATS was introduce a positive trend was forming . Next day ATS7 was introduced and negativity started.

It ASi break 5600 with heavy volume maybe we can start hinting something more positive.

I saw a huge positive trend in the stock market on the day Sri Lanka lost the American UNHCR proposal. Very Happy

If that was the case imagine the kind of boost we could see if there were any US ban of something. The stock market would have gone up 10% Very Happy

Rapaport · 16 Re: It may be too little too late! Fri Apr 20, 2012 11:57 am

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ASI has crossed the 50 day moving average and MACD moving towards positive territory?

http://finance.yahoo.com/q/ta?s=%5ECSE&t=1y&l=on&z=l&q=l&p=m50%2Cm200&a=r14%2Cm26-12-9&c=

Cheers!

kam2011 · 17 Re: It may be too little too late! Fri Apr 20, 2012 11:57 am

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aj wrote:Just to put the GDP into perspective as we're always born today. Even before defeating the terrorism there were years which Sri Lanka had 7% growth. 7% growth does not mean exceptional. It means just usual. But I don't trust the reports.
One thing I heard is that the way they increase the GDP is to add up so far unrecorded income into the formula. For example I've heard that income made by rural community or agriculture is not recorded proper. But it has been going on for decades.

Has this happened last year? If not why should we worry? Some people cant see anything as good. They see everything negatively. Not you. Poor guys.

Last edited by kam2011 on Fri Apr 20, 2012 12:58 pm; edited 1 time in total

sapumal · 18 Re: It may be too little too late! Fri Apr 20, 2012 12:47 pm

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If you want to move ASI it is not difficult when dealing with CARS or BUKI. Collectively they have market value of 180bn.
Also GUAR, CINV ,... which also follow BUKI are heavy weighted shares.
Most important thing is get foreigners back to CSE. We have 21Bn. But EPF need to pump it to CSE. Otherwise foreigners or EPF that money is out from the CSE

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It may be too little too late!

1 It may be too little too late! Fri Apr 20, 2012 9:50 am

zenobia

2 Re: It may be too little too late! Fri Apr 20, 2012 9:52 am

aj

3 Re: It may be too little too late! Fri Apr 20, 2012 10:04 am

zenobia

4 Re: It may be too little too late! Fri Apr 20, 2012 10:13 am

Slstock

5 Re: It may be too little too late! Fri Apr 20, 2012 10:17 am

aj

6 Re: It may be too little too late! Fri Apr 20, 2012 10:46 am

kam2011

7 Re: It may be too little too late! Fri Apr 20, 2012 10:48 am

hawklk

8 Re: It may be too little too late! Fri Apr 20, 2012 10:49 am

aj

9 Re: It may be too little too late! Fri Apr 20, 2012 10:54 am

Redbulls

10 Re: It may be too little too late! Fri Apr 20, 2012 11:12 am

Slstock

11 Re: It may be too little too late! Fri Apr 20, 2012 11:22 am

UKboy

12 Re: It may be too little too late! Fri Apr 20, 2012 11:27 am

kam2011

13 Re: It may be too little too late! Fri Apr 20, 2012 11:34 am

Slstock

14 Re: It may be too little too late! Fri Apr 20, 2012 11:39 am

aj

15 Re: It may be too little too late! Fri Apr 20, 2012 11:42 am

aj

16 Re: It may be too little too late! Fri Apr 20, 2012 11:57 am

Rapaport

17 Re: It may be too little too late! Fri Apr 20, 2012 11:57 am

kam2011

18 Re: It may be too little too late! Fri Apr 20, 2012 12:47 pm

sapumal

19 Re: It may be too little too late!

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