Technical Analytics & Charts (1)

will the 5650 hold the key for us or isit the dejavu 5500 ringing bells.

@alchemist
alfuttaim motors -toyota kurulla

@slstock
whats rumble in the jungle

you mean aliyage pitae

slstock

if the teas do well for me all my losses will be erased and my god godama tama......

TAH

traderathome wrote:will the 5650 hold the key for us or isit the dejavu 5500 ringing bells.

@alchemist
alfuttaim motors -toyota kurulla

@slstock
whats rumble in the jungle

you mean aliyage pitae

Index depends on less than 10 shares and what happns is others follow them.

Also we must not underestimate PAPN holding really good @2/70 and equally ABAN showing some slight volatility.....today i witness retails interst on it @90rs the buying is aggressive around 90 know ?

prabath wrote:

traderathome wrote:will the 5650 hold the key for us or isit the dejavu 5500 ringing bells.

@alchemist
alfuttaim motors -toyota kurulla

@slstock
whats rumble in the jungle

you mean aliyage pitae

Index depends on less than 10 shares and what happns is others follow them.

CTC was main contributor todays asi green as we know this can further come down given the issues with tobacco all over... some bargain hunters collecting CTC imo, today. this can bring price of CTC to 775-800 before another sell off

A Good bounce around 5625 hmmm

Whats next....

Need at least a 100 points break over 5625-5750

And need all shares gaining significantly....

Market and shares can't be kept at artificialy low levels forever.Next attmpt will be made for UN.Don't wory and don't put sell orders.

i am banking on plantn shares to pick up

only buy orders

TAH, can you post the plantation shares link that you discussed please..

i didnt discuss any plantation shares ...so no link

all what i discuss in this thread only

Some plantation shares if come down on good volumes will be more attractive , we need to see in coming days. Yesterday's green was encouraging but not necessarily will decide today' stays green as yesterday. We need to see gains across the board and interest with sentiments changing positive.

TAH

With an EPS 2.6 on WATA for the 9 months and a resonable assumption it would be on or about 3.5 for the 12 month period, one could value 5x on EPS to be Rs 17.50 that would be a point to offload some

The current NAV is 14.30 to climb to 17+

Discl: I own WATA @ 12.70

traderathome wrote:With an EPS 2.6 on WATA for the 9 months and a resonable assumption it would be on or about 3.5 for the 12 month period, one could value 5x on EPS to be Rs 17.50 that would be a point to offload some

The current NAV is 14.30 to climb to 17+

Discl: I own WATA @ 12.70

can we expect a further 0.50 as final dividends

Could friday be surprising?5700

sahan8896 wrote:Could friday be surprising?5700

onng sahan malli itin choon wela

sadda netuwa inna kollo ....naginna naginna tamai joliya

Final of Rs 0.5 possible. But selling more than it went up after dividend is a new trend at CSE.

traderathome wrote:With an EPS 2.6 on WATA for the 9 months and a resonable assumption it would be on or about 3.5 for the 12 month period, one could value 5x on EPS to be Rs 17.50 that would be a point to offload some

The current NAV is 14.30 to climb to 17+

Discl: I own WATA @ 12.70

Vaiko now opposes US draft on Sri Lanka
By Express News Service - CHENNAI 07th March 2013 08:13 AM
Two days after leading a protest demanding New Delhi’s support for the US-led resolution against Sri Lanka at the UNHRC, MDMK chief Vaiko on Wednesday rubbished the language of American draft, which he said would not bring justice to Tamils.

Vaiko claimed the resolution which is being brought by the US does not contain the word ‘genocide’, fails to condemn human rights abuses and does not urge an independent international investigation.

“Even the word ‘torture’, which figured in the earlier resolution, has been removed. This resolution which is being brought by the US is not one that will bring justice to Lankan Tamils,” said Vaiko.

He also claimed the only way to deliver justice to Lankan Tamils lies in the creation of a separate Tamil Eelam.

“Tamils across the world should come together to ensure the eviction of Sinhalese from Tamil Nadu, an end to military training to Sri Lankan defence personnel, the institution of an independent international inquiry and the holding of a referendum among Sri Lankan Tamils,” said Vaiko.

http://newindianexpress.com/states/tamil_nadu/article1491160.ece

So all the uncertainties have been watered down due to backdoor negotiations between US/INDIA & SL.

More foreign institutions can now /will enter slowly...or perhaps some have already fully loaded.

Lets see how things will now pan out.....for the weeks ahead.

Domestic Issues need to sort out especially affecting our EXPORTS.....
Example:
I am sure Planters can take up this issues with the SLGOVT ministries so that TEA EXPORTS must be given their due place you know what i mean...

MARCH & APRIL will it flourish @ CSE.....

I do not how times I personally mentioned in the forum not to panic too much over these human rights, temporay economic issues. We seen drops from 7800 to 4700 and still here. so riding out the next phase, should not be that much of an issue.

What do people expect drops to 3000 or maybe 1500 ( 2008 prices) ?

traderathome wrote:So all the uncertainties have been watered down due to backdoor negotiations between US/INDIA & SL.

More foreign institutions can now /will enter slowly...or perhaps some have already fully loaded.

Lets see how things will now pan out.....for the weeks ahead.

Domestic Issues need to sort out especially affecting our EXPORTS.....
Example:
I am sure Planters can take up this issues with the SLGOVT ministries so that TEA EXPORTS must be given their due place you know what i mean...

MARCH & APRIL will it flourish @ CSE.....

slstock wrote:I do not how times I personally mentioned in the forum not to panic too much over these human rights, temporay economic issues. We seen drops from 7800 to 4700 and still here. so riding out the next phase, should not be that much of an issue.

What do people expect drops to 3000 or maybe 1500 ( 2008 prices) ?

traderathome wrote:So all the uncertainties have been watered down due to backdoor negotiations between US/INDIA & SL.

More foreign institutions can now /will enter slowly...or perhaps some have already fully loaded.

Lets see how things will now pan out.....for the weeks ahead.

Domestic Issues need to sort out especially affecting our EXPORTS.....
Example:
I am sure Planters can take up this issues with the SLGOVT ministries so that TEA EXPORTS must be given their due place you know what i mean...

MARCH & APRIL will it flourish @ CSE.....

You are right...

traderathome wrote:

sahan8896 wrote:Could friday be surprising?5700

onng sahan malli itin choon wela

sadda netuwa inna kollo ....naginna naginna tamai joliya

next week, reuters will say profit taking so index down due to interest rates and economic growth constraints or something

Reuters can't understand our tiny market. Sometimes if one high cap share up market will be up everyday.Then because of world markets up CSE is up.Or if few high cap shares fall then market down because UN,IMF.Poor fellas.

Here is TPL chart.

Discl:
I am holding currently.

This is not a BUY/SELL advise.Please DYODD.

Thanks


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http://www.ceylontoday.lk/51-26501-news-detail-plantation-workers-demand-50-salary-increase.html


Plantation workers demand 50% salary increase

By W. Siri Ananda


Over 250,000 plantation workers attached to 21 management companies are demanding at least a 50% salary increase by the end of this month through the new Collective Agreement.


The existing Collective Agreement signed by the Employers’ Federation and the plantations trade union for a two year period ends at the end of this month. A new Collective Agreement is expected to be signed in April.


According to a leading plantation sector trade unionist, when salary increases are being worked out, the high cost of living, the high prices of essential food items and the kerosene and oil price hikes should be taken into consideration. Although the public and private sector employees have benefited through some relief measures granted by the authorities, plantation workers have had no benefits during the last few years, he said, adding that plantation sector workers receive a monthly salary of less than Rs 11,000 whilst public and private sector employees receive a monthly salary of over Rs 15,000.


A spokesman for the Employers Federation said a preliminary meeting on the Collective Agreement and related matters will be held on Monday (11) at their headquarters in Colombo.

traderathome wrote:http://www.ceylontoday.lk/51-26501-news-detail-plantation-workers-demand-50-salary-increase.html


Plantation workers demand 50% salary increase

By W. Siri Ananda


Over 250,000 plantation workers attached to 21 management companies are demanding at least a 50% salary increase by the end of this month through the new Collective Agreement.


The existing Collective Agreement signed by the Employers’ Federation and the plantations trade union for a two year period ends at the end of this month. A new Collective Agreement is expected to be signed in April.


According to a leading plantation sector trade unionist, when salary increases are being worked out, the high cost of living, the high prices of essential food items and the kerosene and oil price hikes should be taken into consideration. Although the public and private sector employees have benefited through some relief measures granted by the authorities, plantation workers have had no benefits during the last few years, he said, adding that plantation sector workers receive a monthly salary of less than Rs 11,000 whilst public and private sector employees receive a monthly salary of over Rs 15,000.


A spokesman for the Employers Federation said a preliminary meeting on the Collective Agreement and related matters will be held on Monday (11) at their headquarters in Colombo.

You loaded some plantation stocks knw?

Yes lets see how this will react in monday......

My take on this would have been already discounted as this increase was known before hand.....

But if a big shark wants to collect very low then some artificial sellers may creat some volatility before an UP in may -June when dividends are declared

TAH

Always expect the unexpected....

Though I fully agree that living standards of plantation works need to be further raised, asking for 50% more within 2 yeasr after a huge increase is not reasonable.

Ofcourse they will be always more.But after negotiation the amount will be different.

traderathome wrote:http://www.ceylontoday.lk/51-26501-news-detail-plantation-workers-demand-50-salary-increase.html


Plantation workers demand 50% salary increase

By W. Siri Ananda


Over 250,000 plantation workers attached to 21 management companies are demanding at least a 50% salary increase by the end of this month through the new Collective Agreement.


The existing Collective Agreement signed by the Employers’ Federation and the plantations trade union for a two year period ends at the end of this month. A new Collective Agreement is expected to be signed in April.


According to a leading plantation sector trade unionist, when salary increases are being worked out, the high cost of living, the high prices of essential food items and the kerosene and oil price hikes should be taken into consideration. Although the public and private sector employees have benefited through some relief measures granted by the authorities, plantation workers have had no benefits during the last few years, he said, adding that plantation sector workers receive a monthly salary of less than Rs 11,000 whilst public and private sector employees receive a monthly salary of over Rs 15,000.


A spokesman for the Employers Federation said a preliminary meeting on the Collective Agreement and related matters will be held on Monday (11) at their headquarters in Colombo.