FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» DIPD/HAYC/HAYL
by Mr. X Today at 3:44 pm

» GLAS will be winner with Super Gain.
by jason12 Today at 2:08 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by Bakka1988 Today at 1:36 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Today at 12:18 pm

» WIND FORCE WIND
by stockchaser Today at 11:17 am

» What will happen tomorrow?
by madukp Today at 10:53 am

» Growing Fear
by Wickyz Today at 9:31 am

» ALUMEX PLC (ALUM.N0000)
by Bakkabwoi Yesterday at 8:24 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:54 pm

» First capital holdings CFVF.N0000
by invest thinker Yesterday at 6:25 pm

» The market is not out to “get” you but is just flowing along, and your position just happens to be carried along with it.
by dayandacool Yesterday at 4:49 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by reyaz Yesterday at 4:15 pm

» KGAL - THE SLEEPING GIANT
by THASSIM Yesterday at 2:21 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Tue Apr 20, 2021 12:54 pm

» LDEV LDEV LDEV
by Eranga87 Tue Apr 20, 2021 10:27 am

» No trader can flee from making a mistake. It’s just that you need to be careful about not repeating your mistakes.
by Mithooshan Tue Apr 20, 2021 7:42 am

» SWISSTEK (CEYLON) PLC (PARQ.N0000)
by Chithi Mon Apr 19, 2021 7:45 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Jana Mon Apr 19, 2021 6:14 pm

» US dollar trading lower, euro near new high
by target1 Mon Apr 19, 2021 1:38 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Mon Apr 19, 2021 11:59 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » What happened to the people who blamed Dr Karunathilake?

What happened to the people who blamed Dr Karunathilake?

Go down  Message [Page 1 of 1]

sashimaal

sashimaal
Manager - Equity Analytics
Manager - Equity Analytics
for the Share Market downfall?
In the meeting held with the President, Dr Karunathilake was blamed for the Market Downfall that was happening till July...

Who should be held responsible for what is happening now?? Will the same questions be asked? Evil or Very Mad

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Since the doctor left the market is up more than 15% from 4,700 to 5,500. Had the doctor remained market would be 4,500 and we would need an undertaker.

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I never Blamed Dr. Thilak. Actually most of his actions are in correct path although some directives gives over-regulation impression. we can't expect ethics in stock market in a country where law and order gone to the dogs and every single thing is politicalized. Thats why he was chased away by mafia.

Moreover, investor mindset of small and medium scale traders should be improved in order to transform CSE to a matured market. Even though we seen one of the worst market crash at CSE history during past 2 years, it seems local retailers never learnt a lesson which is in evidence from this forum's many childish posts. Some people are crying and releasing frustration, some are forever bears, some are forever bulls and while some group blaming it on Sirasa and Harsha. Especially how the hell can only one media institution alone bring share market down? Why aren't these guys posting sirasa wins, harsha wins everytime cannot understand it?

I personally don't beleive technical analysis effective on a am-matured market like CSE. I feel our market is controlled and manipulating according to wishes of some group of HNWI and politicians. Because of that the movements either ways are not natural. If you invest in a matured market you may understand the difference clearly. It is acceptable to use technical analysis to have some sort of idea about direction for some extent. but solely depend on charts is foolish thing in CSE. I consider those resistance levels and stuff are bullshit at CSE. everything is manipulated according to needs of big fish. Often thats why we are in overcorrected situations either way.

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Majority of people who blamed DR TK were carrying large unrealised losses. I'm pretty sure that the same bunch of people will go against Dr NG if he will not take ASI to 6500 to 7000 level anytime (anyhow) soon.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@UKboy wrote:Majority of people who blamed DR TK were carrying large unrealised losses. I'm pretty sure that the same bunch of people will go against Dr NG if he will not take ASI to 6500 to 7000 level anytime (anyhow) soon.
Million time you are correct, but these guys are gamblers.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Redbulls wrote:
@UKboy wrote:Majority of people who blamed DR TK were carrying large unrealised losses. I'm pretty sure that the same bunch of people will go against Dr NG if he will not take ASI to 6500 to 7000 level anytime (anyhow) soon.
Million time you are correct, but these guys are gamblers.

Yes, people like to blame more. Some people don't know when to watch, when to buy, when to sell and when to hold. I understand that this is a difficult process we cannot master perfectly ( I guess no one can be 100% in short term all the time) but it should not be passed to blame others without taking some blame yourself.

To be frank, I was expecting a fall when ASI was over 5900 and mentioned it several times in the forum. But I too did not expect this much instability which can cause serious chain reactions. CSE seems to be having a large share of people with soft nerves for a small market. Wehn selling start ( or buying starts) they go all out is appears. On the positive note this instability seems to be over correcting certain good counters too. Maybe we can look for opportunities and rotation of weak shares in markets like this.

Was interesting to see how a fundamental counter was driven to Rs 150 from Rs 105 and driven back to Rs 130 right now. Does someone willing to sell back at Rs 110s?

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I think 119 -125 for reversal Very Happy

This will give another shot for those who take risk..and for the feeble (faint hearted) stay away...... Smile

TAH

Deva


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@monash wrote:

everything is manipulated according to needs of big fish. Often thats why we are in overcorrected situations either way.

Fully agree.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very Happy they have forgotton....i mean kawda dr TK kiyanne ...mata mathaka nehe. drunken

Sidath

Sidath
Manager - Equity Analytics
Manager - Equity Analytics

When everyone was praising NG, I asked the same question, what if the market comes down under him as well? will it be his neck next?

It time to take responsibility for your actions and the results it causes, instead of blaming TK or the SEC. Sure the SEC has made some very short termed and shot sighted decisions. BUt people are also short term minded and like to call themselves "investors", when they are actually speculators. there is a place in the market for both but be real about what you call yourself.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Sidath wrote:


It time to take responsibility for your actions and the results it causes, instead of blaming TK or the SEC. Sure the SEC has made some very short termed and shot sighted decisions. BUt people are also short term minded and like to call themselves "investors", when they are actually speculators. there is a place in the market for both but be real about what you call yourself.

Very good point.

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics
@Sidath wrote:
When everyone was praising NG, I asked the same question, what if the market comes down under him as well? will it be his neck next?

It time to take responsibility for your actions and the results it causes, instead of blaming TK or the SEC. Sure the SEC has made some very short termed and shot sighted decisions. BUt people are also short term minded and like to call themselves "investors", when they are actually speculators. there is a place in the market for both but be real about what you call yourself.

Yes

People should understood that no one can uplift the market whole run. Time to time people come and go but for sustainable development of the market will solely depend on the country's economical development and its stability. There some external factors too to consider. controlling those factors beyond Regulator's control. They can only do feeding market short term.. As a stock trader what we should do is to do our trade safe and maximum use the opportunities offered by this highly volatile market. There is no point and useless to blame other for our fault.

Good Luck

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum