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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Is Ban Ki Moon's statement causing the CSE to decline????

Is Ban Ki Moon's statement causing the CSE to decline????

+2
StocksWatch
SNIPO (+)
6 posters

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SNIPO (+)


Senior Equity Analytic
Senior Equity Analytic

I heard that many investors in the CSE are cashing their stocks, believing that BKM's statement would cause even greater havoc!!! Any truth in this??? Question

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Yes this may affect the psycology of the investors, if Mr. Moon delivers an unfavourable (no reason to doubt this by looking at how things have been unfolding so far) statement.

But I don't think any adverse effects are going to last too long especially in a period when the annual reports are due with better than expected results.

Definetely I see no reason to cash our shares owing to this aticipated negative statement.

However, it is upto each individual to make his own judgement.

Paypal


Manager - Equity Analytics
Manager - Equity Analytics

StocksWatch wrote:Yes this may affect the psycology of the investors, if Mr. Moon delivers an unfavourable (no reason to doubt this by looking at how things have been unfolding so far) statement.

But I don't think any adverse effects are going to last too long especially in a period when the annual reports are due with better than expected results.

Definetely I see no reason to cash our shares owing to this aticipated negative statement.

However, it is upto each individual to make his own judgement.

True, How ever there may not be an immediate effect to CSE. In the worst situation we always have our friends Russia & China to safe guard us in UN security council.

Smile Smile Smile

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

StocksWatch wrote:Yes this may affect the psycology of the investors, if Mr. Moon delivers an unfavourable (no reason to doubt this by looking at how things have been unfolding so far) statement.

But I don't think any adverse effects are going to last too long especially in a period when the annual reports are due with better than expected results.

Definetely I see no reason to cash our shares owing to this aticipated negative statement.

However, it is upto each individual to make his own judgement.



Lot of people were scared about some earthquakes.... nothing happened.....those are all attempts to scare people and create panic selling... then they can buy some @ bargain !!

asigiriyage

asigiriyage
Manager - Equity Analytics
Manager - Equity Analytics

very true cherry

6Is Ban Ki Moon's statement causing the CSE to decline???? Empty CSE & UN STATEMENT Thu Apr 21, 2011 9:41 am

worthiness


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

it is the non-stop exercise by super powers & related institutions influencing the developing/under developed countries. This is the time we all should stand together as one nation(true Sri Lankans) irrespective of minor ideologies.

Perhaps foreign investors might stay away from market till end of tension period.
We all wish market will be normal after Easter Holidays with Blessings to our country.

Thanks

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