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

» විජේදාසගේ... voice cut ප්‍රතිඵල
by Mr. X Today at 12:40 pm

» LDEV LDEV LDEV
by Eranga87 Today at 10:27 am

» GLAS will be winner with Super Gain.
by Promoney Today at 8:58 am

» Growing Fear
by stockchaser Today at 7:53 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 Today at 7:42 am

» Daily Foreign Transactions
by Pradeep90 Yesterday at 8:33 pm

» SWISSTEK (CEYLON) PLC (PARQ.N0000)
by Chithi Yesterday at 7:45 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Jana Yesterday at 6:14 pm

» US dollar trading lower, euro near new high
by target1 Yesterday at 1:38 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Equity Win Yesterday at 1:23 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Yesterday at 11:59 am

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Yesterday at 11:20 am

» DIPD/HAYC/HAYL
by Wickyz Yesterday at 11:19 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Sun Apr 18, 2021 4:12 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 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™ » Nosediving Trend in Banking Sector

Nosediving Trend in Banking Sector

Go down  Message [Page 1 of 1]

1Nosediving Trend in Banking Sector Empty Nosediving Trend in Banking Sector Thu Nov 01, 2012 5:40 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Heavy cap counters in banking sector ( HNB, SAMP, COMB etc.) have shown a positive uptrend in past weeks. In past few days, those counters started a sluggish movement & now in slowly nosediving situation.

Today, at one stage HNB was trading (Rs.139-140 range) about Rs.8/= lower than yesterday....

Is it caused by-

a) heavy selling pressure
b) poor quarterly performance ( may be, as a result of leaked information)
c) forthcoming budget or
d) any specific reason ??

Any comments from those who keep an eye on those banks, Please


2Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 5:47 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Look at turnover today. Lowest since July. I would be starting to get very concerned only if heavy selling comes.

3Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 5:59 pm

Fresher


Moderator
Moderator
I share the same sentiments of slstock. We cannot come to a conclusion with the volumes being so thin

4Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 6:04 pm

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@slstock wrote:Look at turnover today. Lowest since July. I would be starting to get very concerned only if heavy selling comes.

Yes, everybody can see that you are least concerned even with an index drop close to 500 points over the past few weeks. By the time you get concerned surely the patient would be dead !

5Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 6:17 pm

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Professor vs Illumination fight?

6Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 6:32 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
So what is you advice now? If you are talking about ASI ( and not specific shares) it went from 4700+ to 6000. Now at 5500.

Also Illuminati what was your view at ASI 4700 before it ran to 6000?


Still there is time sell out as it is not 4700 again yet. Do you advice everybody to sell and get out? Tell people your opinion what to do please.


Btw, what is the real issue here? I can't express my view is it to someones question ? I need to tell everyone to panic , panic, sell, sell , get out now and don;t come back. So is everybody following what I say and do ?


If one care about Investing and ethics behind it, atleast wait for the quarterly results to decide to stay or leave CSE. If one is constantly worried about short term fluctuations , then sell out and leave market. Why stay here if you do not want to invest and always pass negative sentiments . Sell.

Unlike some of you I do not think stock market is a place to gamble and constantly worry about short term fluctuations . I do not except magic in short term over long term shares investments.

If one wants quicker profits, one if free to trade. If one is not wanting invest they are free not to invest also.

The issue is people here do not understand Investments with ethics vs realising short term term with optimal profit returns.


I am glad atleast there are a few who does not desert ship and leave CSE and treat it as a "ambalama".




@illuminati wrote:
@slstock wrote:Look at turnover today. Lowest since July. I would be starting to get very concerned only if heavy selling comes.

Yes, everybody can see that you are least concerned even with an index drop close to 500 points over the past few weeks. By the time you get concerned surely the patient would be dead !

7Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 7:35 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock
My main intention is to gather certain information of banking sector from the forum readers & experts. No malicious intentions at all.
As participants in this forum, we all should exchange the views each other. It is up to an individual to accept or not to accept such information for own investing decisions as no one is to be blamed. Let us work together irrespective of different personal view...Have a good evening to everyone..

8Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 8:06 pm

hunter

hunter
Moderator
Moderator
I feel +ve when the market moves; up or down I don't care much.

If the market doesn't move, it'll be a big concern for me.

9Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 8:45 pm

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
slstock, your response was spot on to my expectations. A small sugession, why dont you advice your beloved, loyal followers to hang on to their shares until the release of this quarter results too, rather than adivising them to dispose with the previous quarter results! Till then may be some can do a bit of off loading too. That will be fun right ?

10Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 9:16 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
We need to remember that different people have different approaches to the stock market.

Some people are traders who buy and sell more frequently, to profit from short term price fluctuations.
Others invest for the longer term, and hold shares because they believe in the company's future.
Some have both - a trading portfolio and an investment portfolio.

Nothing wrong with any of these strategies: it's a matter of individual aptitude, skill, availability of time, objectives and time horizon...

11Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 10:15 pm

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Dear Illuminati, What's your advice to the investors. Sell the entire holding and quit from CSE. When to re-enter?

I appreciate that you always warn the poor investors well in advance before a market crash. Please tell us when will be the next bull run and when to buy?

Are you a trader or an investor? Did you make use of the recent bull run? i.e. from 4900 to 6000 points.
Why didn't you warn the investors before the bull run like you always warn us about the bear so that we could have been benefited.

Do you think that ASPI will crash to 3000 levels? Please advice us.

12Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Thu Nov 01, 2012 10:43 pm

Fresher


Moderator
Moderator
Illuminati,

I believe that people have various different view and you seem to have one particular view. But you are limiting that to only attacking the posts of slstock or those who seem confident or bullish about the market.

As some have asked repeatedly, what exactly is your point? Give some sort of picture of what your objectives are in the market, what you do and what we should also expect.

13Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Fri Nov 02, 2012 7:26 am

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
npp wrote:Illuminati,

I believe that people have various different view and you seem to have one particular view. But you are limiting that to only attacking the posts of slstock or those who seem confident or bullish about the market.

As some have asked repeatedly, what exactly is your point? Give some sort of picture of what your objectives are in the market, what you do and what we should also expect.


Dont get me wrong . No intention of attacking any one other than challenging conventional wisdom !

14Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Fri Nov 02, 2012 7:41 am

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics
@Jiggysaurus wrote:Professor vs Illumination fight?

@Jiggysaurus nobody is fighting here. SlStock and Illu are highly knowledgeable and these kind of arguments are for the benefit of everyone, just that they hold different opinions and it's good, helps to see both sides of the coin. I have learned a lot from these kind of arguments. Please don't discourage these type of posts by calling them fighting.

I personally admire the knowledge they have and grateful for them for sharing it with us.

15Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Fri Nov 02, 2012 8:36 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@illuminati wrote:slstock, your response was spot on to my expectations. A small sugession, why dont you advice your beloved, loyal followers to hang on to their shares until the release of this quarter results too, rather than adivising them to dispose with the previous quarter results! Till then may be some can do a bit of off loading too. That will be fun right ?

Laughing

While it could be hell of a fun to see you keep posting and spreading bearish sentiments without mentioning your view on the ASI or the market at large, I should also like to point out that strategies may differ from on individual to another individual.

Ppl should take calculated risks? Shouldn't they?
Whether keeping the stocks or sell them depends on their knowledge and ability to hold.. Some ppl buy shares with short term expectations and then sell at a loss when those go down more..
So what can others' or their opinion do abt it?

Actually we saw ASI going down and ultimately hitting 4725.. Then how many ppl collected and cashed out after ASI hitting 6000+?

So when ASI hit 4725 and going up, we have been saying - its a market correction, the outlook is negative, ASI is yet to bottom out, this is a temporary setup, this is a minor correction, etc...and not to buy shares. ppl would believe us but that's an opportunity loss if they dont take a small risk and trade, right?

So rather than challenging a person's conventional wisdom why dont you share your intelligent view?
Surely it will lead to a better discussion for many to learn..

Dont be so naive.. You've been bearish from the day one but yet to provide a valid reason..

16Nosediving Trend in Banking Sector Empty Re: Nosediving Trend in Banking Sector Fri Nov 02, 2012 2:22 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Illuminati,

Hmm, your every 3 Month cyclic bear attacks are back when market is RED.
Remember the last conversation below ;-)
http://forum.srilankaequity.com/t20757-rcl-results-for-june-2012#129051

Okay lets keep this simple . Help the forum to learn and understand your logic. It will help us too.

Please answer the member question asked here . Also the below ..

1) When was the last time you invested at CSE ( are you currently) and if not when will you invest again ?
2) Are all companies at CSE doing horrible? None deserves investment is it?
3) Do you hate long term investors?
4) If you feel this market is very dangerous do me and other a favour and tell us should
we sell everything now? ( short term, long term, medium shares all of it)
5) Where do you think ASI should end up falling. When should be buy back again then?


Thanks in advance for your insight.

Sponsored content


Back to top  Message [Page 1 of 1]

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