I asked a reasonable question , so give a direct answer to reduce unnecessary speculation.
I see you must be a new GMnet so let me clarify why I asked .
1) When ASI is 6100 now, you post some article which shows the market will go to 6618 in 6 years!
To you , me and many in all honesty will find this fact hard to believe.
Also look at other stats in this article. Look at population and wages. Do you think it is viable?
2) When other members also post articles or links which is questionable we ask the same questions and ask them to give reasons.
I personally have asked direct questions when in doubt ( to any poster) for over 3 years.. I/We do this to maintain certain standard in the forum which you will also appreciate.
3) The forum mentality is down, some people are scared right now, some soothsayers are predicting market can hit 4800 again without giving reasons.
What market lacks is confidence more than anything than fundamentals. When ASI was 7800 it was one story. Now it is another.
Present market if you looking at forward earnings , ie, bloomberg, and some broker stats, it is trading around PE of 11. Some companies are trading at 0.5 NAV and PE of 5.
What we need is morale boosting stuff right now to encourage true investment at CSE and teach new comers to learn patience as investment takes time.
I believe the market probably will exceed 6618 this year itself (I could be wrong) but i gave the reasons which I wrote in lengthy articles in the forum ( if you search) .
This question have nothing personal as I even don;t know you. But I did not appreciate the timing and the posting without reason which gives rise to unnecessary speculation ( which I did also) and worry.
Hope it is clear why I asked.
GMnet, what was the reason to post this ?
Is this a standard question that you ask from Posters?
Currently there are 187782 posts in the forum and I am sure none of them have given their reason for posting an article in the forum. If you still want me to answer your question, I am more than happy to do so.