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 abey Yesterday at 10:27 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 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

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Wolf86 Sat Apr 17, 2021 2:00 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by dayandacool Sat Apr 17, 2021 1:58 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

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

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

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 11:59 am

» 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

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Thu Apr 15, 2021 11:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by learningthemarket Thu Apr 15, 2021 8:18 pm

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™ » More worries to follow

More worries to follow

Go down  Message [Page 1 of 1]

1More worries to follow Empty More worries to follow Sat Aug 31, 2013 12:33 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Equity market is unexpectedly on a bad mood
International funds flow is causing problems with US tapering prospects
Last quatrr US GDP was 2.5%, better than initially assumed
This will give boost to the opinions of US economy has taken the lead

We can see lots of withdraal from EM debt & equities in next couple of weeks
INR/IDR/THB/TKY would see further depreciations, putting LKR into further pressure

Investors are looking to avoid counties with twin deficits- SL is a lending contender despite rosy growth prospects
Finally, decoupling is a bug myth

2More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 12:43 pm

Humble


Manager - Equity Analytics
Manager - Equity Analytics
@salt wrote:Equity market is unexpectedly on a bad mood
International funds flow is causing problems with US tapering prospects
Last quatrr US GDP was 2.5%, better than initially assumed
This will give boost to the opinions of US economy has taken the lead

We can see lots of withdraal from EM debt & equities in next couple of weeks
INR/IDR/THB/TKY  would see further depreciations, putting LKR into further pressure

Investors are looking to avoid counties with twin deficits- SL is a lending contender despite rosy  growth prospects
Finally, decoupling is a bug myth
Yes for the next few weeks market will be a bit slow. Better to sell and collect at 5500 levels

3More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 3:35 pm

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Sri Lanka is quite different from other countries.
Tapering and widely talking currency depreciation is not a big problem for Sri Lanka.
#at least not big as other Asian countries.
Workers remittance is huge in sri lanka when compared to foreign out flow.
Direct foreign investment in SL is less than 1 billion dollars.
Foreign inflow to CSE is less than 0.2 billion dollars.
Workers remittance is 6 billion dollars.
When concerning the economy, foreign out flow is a very minute problem.
Increasing imports and decreasing exports is the serious threat.

If US and other European economies are improving, it is a very good thing for SL.
In the long run, tapering is good for SL (because our exports will pick up).

A little not to Humble,
How much experience do you have in equity investment?
You being talking about exiting and entering a lot recently.
100% exit to cash position is a really really STUPID thing to do.
In fact investors should try to limit cash positions to around 10%.
#Norm for Unit Trusts is 5%
Imagine the cost of your advice if you have a 10M PF.
You are just making your broker rich.



Last edited by Dileepa on Sat Aug 31, 2013 3:37 pm; edited 1 time in total (Reason for editing : grammer)

4More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 5:15 pm

mark

mark
Expert
Expert
i like you dileepa Smile

5More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 5:52 pm

roshana7549


Manager - Equity Analytics
Manager - Equity Analytics
@Dileepa wrote:Sri Lanka is quite different from other countries.
Tapering and widely talking currency depreciation is not a big problem for Sri Lanka.
#at least not big as other Asian countries.
Workers remittance is huge in sri lanka when compared to foreign out flow.
Direct foreign investment in SL is less than 1 billion dollars.
Foreign inflow to CSE is less than 0.2 billion dollars.
Workers remittance is 6 billion dollars.
When concerning the economy, foreign out flow is a very minute problem.
Increasing imports and decreasing exports is the serious threat.

If US and other European economies are improving, it is a very good thing for SL.
In the long run, tapering is good for SL (because our exports will pick up).

A little not to Humble,
How much experience do you have in equity investment?
You being talking about exiting and entering a lot recently.
100% exit to cash position is a really really STUPID thing to do.
In fact investors should try to limit cash positions to around 10%.
#Norm for Unit Trusts is 5%
Imagine the cost of your advice if you have a 10M PF.
You are just making your broker rich.
Fully agree with above points,Thanks for sharing your valuable thoughts, it showed a new angle of thinking on the current situation of cse.
I also dont think there will be a crash in entire mkt just because a few high capped over valued shares went down drastically. It s not wise to sell your entire folio and wait till the mkt comes down, But we will have to be little causious in buying shares in next few days.

6More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 7:56 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Dileepa wrote:You being talking about exiting and entering a lot recently.
100% exit to cash position is a really really STUPID thing to do.
Yes. He was talking about selling 100% and exit. I do not know how you can sell your entire portfolio when there are no buyers.

If you know how to pick fundamentally sound, profit making , steady shares there is no problem at the moment.

7More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 8:46 pm

Trend


Senior Equity Analytic
Senior Equity Analytic
You must also account for the 3.7 billionUSD foreigners hold in government securities. There have been a shift from long to short term instruments which indicates they are getting ready to exit.

8More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 11:37 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Dileepa looks like somebody believes in decoupling
That's a big myth, as I said
India story was sold as a unique decoupling story for a decade
But, finally truth has come to the surface
Our BOP gap is covered to a certain extent through exports of labour (remittance) & entertainment (tourism) $ 7 bn out of $ 9 bn

We have about $500 mn portfolio investment in Treasuries bonds & bills
There are short term funding to banks as loans
All of them flew here in search of higher yield
This is not to remain here forever
Not to mention some Chinese loans due to mature soon; which generates nothing in returns ( not all,but some)
The flow of money which came in search of higher returns has created false notion among the countries like us these twin deficits are sustainable- which is not
We have been working on reducing the impact, that's commendable, but due correction are imminent

You may make informed decision, certainly I agree that analyst have different opinions




9More worries to follow Empty Re: More worries to follow Sat Aug 31, 2013 11:45 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
A Good Example is pakistan stock market....with all unstable political turmoil...the market has gained Smile Total return for 1 year is 52%.....

That Karachi SE is controlled by few players...Smile

TAH

10More worries to follow Empty Re: More worries to follow Sun Sep 01, 2013 6:36 am

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Salt,
No I'm not a believer of decoupling.
What I said was, the treat of foreign exit is not that serious in SL.
As you said, Yes BOP gap is the real problem.
There is no way to address that other than increasing exports and decreasing imports.

Workers remittance is just a cushion SL have.
#Although we are increasingly relying on it!
Largest foreign currency income to the country is
not Tea, Tourism, Equity or TBills/Bonds. It is Remittance.
That is why I said SL is unique.

Also your figure of $500 mn is incorrect.
As Trend mentioned, 3.7 billion USD is the correct figure.
Also it is worth to note that total foreign holding of
TBills/Bonds is 13.78% of total Govt. Debt.

#Central bank allowed limit is 12.5%

It is true that some of they are here for higher gains.
But most of them are here as per their diversification strategy.
Still US equity is offering 8-10% annual gain.
Why should they take a risk for additional 1-2% gain.



Last edited by Dileepa on Sun Sep 01, 2013 6:39 am; edited 1 time in total (Reason for editing : spelling)

11More worries to follow Empty Re: More worries to follow Sun Sep 01, 2013 7:25 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
The FX market should be good after mid September, especially after funds are brought in by JKH and private bank capital raising.

The NSB bond sale has taken longer than previously assumed.

If you want facts, today on 1st Sept 70 billion worth of debt matured. Living in interesting times ....

http://www.cbsl.gov.lk/pics_n_docs/07_af_2pdm/_docs/tbfi/AvailTBondSeries.pdf

Sponsored content


Back to top  Message [Page 1 of 1]

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