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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » New SEC chief Nalaka to chair first commission meeting tomorrow

New SEC chief Nalaka to chair first commission meeting tomorrow

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
The first commission meeting of the Securities and Exchange Commission (SEC) with SEC's new Chairman Dr. Nalaka Godahewa is scheduled to be held on Friday afternoon, according to sources close to SEC.

They said that it's likely that it will start around 2.30 pm. Dr. Godahewa, who is also chairman of another company where share trades are being investigated, has assured staff that they have a ‘free hand’ in continuing the probes initiated since 2010. (DEC)
http://sundaytimes.lk/index.php?option=com_content&view=article&id=23978:new-sec-chief-nalaka-to-chair-first-commission-meeting-tomorrow-&catid=77:news&Itemid=563

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Redbulls wrote:The first commission meeting of the Securities and Exchange Commission (SEC) with SEC's new Chairman Dr. Nalaka Godahewa is scheduled to be held on Friday afternoon, according to sources close to SEC.

They said that it's likely that it will start around 2.30 pm. Dr. Godahewa, who is also chairman of another company where share trades are being investigated, has assured staff that they have a ‘free hand’ in continuing the probes initiated since 2010. (DEC)
http://sundaytimes.lk/index.php?option=com_content&view=article&id=23978:new-sec-chief-nalaka-to-chair-first-commission-meeting-tomorrow-&catid=77:news&Itemid=563
I think outcome to be positive that should boost and ASI gain few more points......Tomorrow will be news driven....

Or Monday......
TAH

kmchandra1


Equity Analytic
Equity Analytic
@traderathome wrote:
@Redbulls wrote:The first commission meeting of the Securities and Exchange Commission (SEC) with SEC's new Chairman Dr. Nalaka Godahewa is scheduled to be held on Friday afternoon, according to sources close to SEC.

They said that it's likely that it will start around 2.30 pm. Dr. Godahewa, who is also chairman of another company where share trades are being investigated, has assured staff that they have a ‘free hand’ in continuing the probes initiated since 2010. (DEC)
http://sundaytimes.lk/index.php?option=com_content&view=article&id=23978:new-sec-chief-nalaka-to-chair-first-commission-meeting-tomorrow-&catid=77:news&Itemid=563
I think outcome to be positive that should boost and ASI gain few more points......Tomorrow will be news driven....

Or Monday......
TAH

Yes, tomorrow will be the day will bring forward the positive foundation built which at last few days to the future and it may ASI pass 6000 around third week of Sep cheers

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The Bears have gone for long walk in the woods.....

Lets hear all the good news tomorrow and on Monday....

I think DG will speak the right words....


Best of Luck Guys

Basketball

ughettiarachchi


Stock Analytic
Stock Analytic
I do not think that there will be major policy decisions tomorrow but they are likely to take stock of current situation and discuss future direction. So far new chairman has shown that he is not acting like a bull in the China shop ( Preivios Chairman was slightly different though Very Happy ). According to Daily FT last monday he has told SEC staff that major policy decision will only be taken after consulting all stakeholders. I hope he will live up to the promise and put a stop to SEC's culture of sending unlilateral directives after each commission meeting.

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Can we see 6000 on coming Monday then ?

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Kithsiri wrote:Can we see 6000 on coming Monday then ?

We may see it Friday the 07th ..ASI Crossing 5500 ...by end of Sep it will reach 6200 ...

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Kithsiri wrote:Can we see 6000 on coming Monday then ?
when will that magical 10000 we will see lol! i guess when we find oil perhaps :Deleted:

Basnayake

Basnayake
Manager - Equity Analytics
Manager - Equity Analytics
yes, it's very important to all of us . and it's not better time sell our shares. 80% says market 'll move up following days so why we hurry to sell.

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