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



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™ » On the occasion passing 5000th post : CSE Past , Present and Future

On the occasion passing 5000th post : CSE Past , Present and Future

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
I was wondering whether to write something after my 5000th post and decided against it due some reasons. But as we hit ASI 6000 and people seems to come back to forum I thought I post the below for the reference of the new comers as I feel it is social duty to inform them ( I am volunteer at the forum)




So when did the bull market start?

I think we can safely say ( unless there is a catastrophe) that 4700 was the bottom and the turn around.

I posted below when ASi around 4700-4900

http://forum.srilankaequity.com/t19939-good-shares-time-to-analyze-and-post-findings-open-invitation-to-all

http://forum.srilankaequity.com/t19816-some-thoughts-on-cse-market-situation-at-present




What will happen in the short term now that we are at asi 6000?

a) If buying momentum continues the market can be pushed much higher maybe to 6300 in the first go.
b) Overall market is in the overbought region. So we are in the dangerous territory. A correction can happen and I really hope it stays above 5800. else big worry




I am a new comer and what share should I pick now?


1) Stock market is not a gambler den ( it was at one point but I doubt it will repeat at that level again like in 2010-2011). It is a place for investment. Investment takes time to realize. when you plant your seeds it takes time to harvest.
Know the difference in Investment and Short term trading. It is okay to have short term well as long term shares in your portfolio. but have a balance. When you invest atleast look at 2 year horizon ( or much more). When you trade it can be days or just months.

Greed is the mother of evil. We want to make quickest profit as possible. You can follow others to blindly buy speculatives. You might win some but also you might loose bigger if you do not know what you are doing. Do not but at peak of a run. Example if you buy TWOD at Rs 20 and CIFL at RS 6 and GREG.W at Rs 15 you will have to wait a long time till next big run happens . This is the danger of speculatives. Also for them to reach those prices again will take considerable time or maybe never.

2) Know the different between fundamentals adn speculatives

Fundamentals companies have intrinsic value due to earning growth, dividend policy , assets good management. Even if they fall in short term they will bounce back and go higher in long term. ( Example JKH,DFCC, SAMP, NTB etc ) .

For speculatives we cannot guarantee the same. That is why some people have lost 90% due to greed. GREG.W I can say with 95% of probability that it will not hit Rs 100 again. Some people would have lost 90% of their investment in trading GREG,PCH etc. Do you know once GREG was at Rs 250+. PCH at Rs 30+ . I am not saying they can never reach those levels. But how long will it take?


For investments try to identify stocks that are trading below Market PE and NAV. Look at the history of the company. Have they been treating their share holders well with dividends, share bonuses etc? Do they have reputable management. You will have peace of mind with them.





I have lost 90% as I bought at peak in 2011. How do I recover?


If you hold the wrong shares you will never. Example I mentioned before. So best thing is to invest in something else and compound gains. Example :

Invest in share X. Say it run 40% and you think it has reached peak fundamental value. At that time you can sell. There is no rule to say investment have to be held forever ( contrary to Mr Buffet).

Next invest in share Y: It runs for 50%.

Do you see you investment has now doubled ? What if you invest and that run 50% again. Now you have tripled.

Okay if you patiently repeat this cycle , I just told you a secret to recover most of what you lost or make profit even.

I know it is easier said than done. Some times my greed has got the better of me also , but knowledge and experience is a weapon.


I think this is enough for now.





More reads
http://forum.srilankaequity.com/t27907-asi-will-hit-8000-buy-cxxx-txxx




I normally posted a topic every 1000th post.

http://forum.srilankaequity.com/t3932-message-to-new-comers-on-the-occasion-of-my-celebrating-4-months-1000-posts-at-the-forum?highlight=on the occasion of my

http://forum.srilankaequity.com/t13740-on-the-occasion-of-my-2000th-post?highlight=on the occasion

http://forum.srilankaequity.com/t21103-on-the-occasion-of-my-3000th-post




Finally as always

"Learn the basics, Invest not gamble, know your investment period, have Patience , have lesser Greed , know your entry and exit points and you will be a victor on the longer run at CSE"

Be ahead of the pack. Luck will favour the brave most times. All the best.

Slstock









Last edited by slstock on Sat May 04, 2013 5:01 pm; edited 1 time in total

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Well said Sir.
Thanks a lot.

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Good Read. Well said !

mark

mark
Expert
Expert
omg 5000 :O:O:O:O

u r grt sir Very Happy

those posts are very worth,ur posts may worth around 6000 US$ to me Very Happy

hehe,just added some value based on forum posting projects doing by freelancers. Smile


gud luck sir

notme

notme
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
thanks . will read again & again. flower

Bond


Manager - Equity Analytics
Manager - Equity Analytics
Plenty have been burnt by fundamentals as well.

Regardless of fundamentals or not, the most important thing is the entry and exit price. Price graphs should be accompanied by volume graphs. Note the thin volume at low prices and high volume at high prices.

In a bull period - avoid high volume days on the stocks you trade Cool

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
thanks for the replies gentleman.

Bond:

Define a fundamental first. One mistake we make is consider blue chips fundamentals always ( I made that mistake too. )

DFCC at RS 500? JKH at Rs 340. SPEN at Rs 200 were they fundamentals at that time? so buyinmg high would have paid the price.

I already said what share I would look for. Even if they fall now they won't fall to bits like some other.

"In a bull period - avoid high volume days on the stocks you trade "

this can work to you advantage also. Sometime the day following high volume can give you 10% pirat

But we are talking trading now, which I do not want to get into as this is meant mainly for new comers.





@Bond wrote:Plenty have been burnt by fundamentals as well.

Regardless of fundamentals or not, the most important thing is the entry and exit price. Price graphs should be accompanied by volume graphs. Note the thin volume at low prices and high volume at high prices.

In a bull period - avoid high volume days on the stocks you trade Cool

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Also let me point out one thing. When bull gets into full gear , if you sell today to buy cheaper in a week iIt might just not happen. You will miss the train.

This maybe mainly true for severely undervalued shares. Note buyers can come in only when volume is there and market is moving. Still quantity is not there and buyer do not come as the "Bear Burn" is in mind

There I just invented a new term "Bear Burn" .

Bear Burn meaning: relates to Skepticism and anticipation of the price will drop further.

Copyright Slstock.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Just to re read the following link regarding volume.
http://forum.srilankaequity.com/t11476-basic-volume-theory?highlight=volume
@slstock wrote:thanks for the replies gentleman.

Bond:

Define a fundamental first. One mistake we make is consider blue chips fundamentals always ( I made that mistake too. )

DFCC at RS 500? JKH at Rs 340. SPEN at Rs 200 were they fundamentals at that time? so buyinmg high would have paid the price.

I already said what share I would look for. Even if they fall now they won't fall to bits like some other.

"In a bull period - avoid high volume days on the stocks you trade "

this can work to you advantage also. Sometime the day following high volume can give you 10% pirat

But we are talking trading now, which I do not want to get into as this is meant mainly for new comers.





@Bond wrote:Plenty have been burnt by fundamentals as well.

Regardless of fundamentals or not, the most important thing is the entry and exit price. Price graphs should be accompanied by volume graphs. Note the thin volume at low prices and high volume at high prices.

In a bull period - avoid high volume days on the stocks you trade Cool

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Salute you, slstock with thanksss......!!! Cool

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Bond wrote:Plenty have been burnt by fundamentals as well.

Regardless of fundamentals or not, the most important thing is the entry and exit price. Price graphs should be accompanied by volume graphs. Note the thin volume at low prices and high volume at high prices.

In a bull period - avoid high volume days on the stocks you trade Cool



100% true...It is all about entry point & exit point.

@ SLstock ......Highly appreciate your service to this forum...

K.Haputantri

K.Haputantri
Co-Admin
Congradulations slstock and thanks for your timely article.

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Congratz.. Appreciate your valuable and genuine work

NUINTH


Senior Equity Analytic
Senior Equity Analytic
Congtardulation..! Eye opening article. Love this way of explaining Very Happy Thx Slstock.

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks a lot for your grate contribution for the forum. Guys like you always encourage us to learn to invest. Please continue your good work. I normally don't miss one single post by you.

NZ BOY

NZ BOY
Moderator
Moderator
Thank u very much sir (Sl Stock)

Bond


Manager - Equity Analytics
Manager - Equity Analytics
Good work ............ But a serious waste of time Razz



seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@slstock, great contribution. How do u find time?. Are u full time for this equity forum?.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
slstock you have done a great job. keep it up

kalum


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Good article as always. Smile

There are more you could share with us. I wish you will continuously guide us through out next years with such valued information's.

Thanks.

Sponsored content


Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

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