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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Why it is coming down??

Why it is coming down??

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21Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 1:50 pm

Teller


Moderator
Moderator
Most of the promises are not practical. Suppose 1kg rubber is trading 180/- kg in the singapore market but how can sri lanka government pay 350/- per kg for farmers/tappers. Even internet free thing, removing taxes from fuel.,etc...we want some tax revenue in this stage. Government income is lesser than expenses,loan and loan installments.

22Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 1:54 pm

nalban


Manager - Equity Analytics
Manager - Equity Analytics
Yes, when we pointed that out pundits here were all over us. Any fool will understand you cannot just give benefits without boosting revenue.
Only hope is Ranil other wise Champika's Economics will ruin all hopes of the change.

23Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 1:56 pm

nalban


Manager - Equity Analytics
Manager - Equity Analytics
I am from the Telco sector, Internet free thing will kill entire Telco sector, Voice revenue are declining and only hope for telcos is data.

24Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 1:58 pm

aran


Manager - Equity Analytics
Manager - Equity Analytics
@Quibit wrote:
@RPPA wrote:
@ccsentha wrote:
@RPPA wrote:Interest rates will not move to 15%. That will never happen. But there may by fluctuations of maximum 1% OR 1.50% upwards in the short term. But quickly it will push downwards again. Specially when the fuel bill is reduced by 50% in cost terms. Therefor less pressure on exchange rates as well.

fuel bill to be reduced by 50%?

Yes. Our our fuel import bill should reduce by 50% due to the prevailing market prices.

I guess you are optimistic and too bullish. How sure are you of 50% reduction of fuel bills?


i think this Quibit replace the Sstar

25Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 1:58 pm

RPPA


Expert
Expert
@Quibit wrote:
@RPPA wrote:
@ccsentha wrote:
@RPPA wrote:Interest rates will not move to 15%. That will never happen. But there may by fluctuations of maximum 1% OR 1.50% upwards in the short term. But quickly it will push downwards again. Specially when the fuel bill is reduced by 50% in cost terms. Therefor less pressure on exchange rates as well.

fuel bill to be reduced by 50%?

Yes. Our our fuel import bill should reduce by 50% due to the prevailing market prices.

I guess you are optimistic and too bullish. How sure are you of 50% reduction of fuel bills?

We put orders 45 days prior. So we pay are still paying fairly high prices for fuel Now Oil barrel is $48 per barrel. Which is a 50% reduction in prices. Therefor we will get that benefit in coming months. Very Happy

With regard to market there will be temporary fluctuations both up & down. But overall market market will move upwards in the medium term.

If someone expects the market to come down ASI 7,000 it will be a dream only. The best idea is to engage in short term trading specially these days untill the market get stabilised. Very Happy



Last edited by RPPA on Mon Jan 12, 2015 2:03 pm; edited 3 times in total

26Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 2:00 pm

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics
@RPPA wrote:Interest rates will not move to 15%. That will never happen. But there may by fluctuations of maximum 1% OR 1.50% upwards in the short term. But quickly it will push downwards again. Specially when the fuel bill is reduced by 50% in cost terms. Therefor less pressure on exchange rates as well.

perfect response for a shortsighted question bounce

27Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 3:08 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
So called opportunists attempt to highlight the cause for the market down trend today, as negative effects emerged from new presidential status. Perhaps, it may be the indecorous behaviour of certain group of manipulators who support former regime, to impair the popularity of newly elected parties.

Unfortunately, they are still not capable of realising the validity of superior choice of people.
Most likely, as a result of continuous uppish movement in past weeks, market is exposed to the balancing of overbought situation or technically called market correction. This is observable after few days of trading, when support levels are reached. It is further said that Western investors are eyeing on our capital market, as they feel more comfortable with current regime, hopefully flowing a considerable amount of foreign direct investment.

28Why it is coming down?? - Page 2 Empty Re: Why it is coming down?? Mon Jan 12, 2015 4:29 pm

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics
@worthiness wrote:So called opportunists attempt to highlight the cause for the market down trend today, as negative effects emerged from new presidential status. Perhaps, it may be the indecorous behaviour of certain group of manipulators who support former regime, to impair the popularity of newly elected parties.

Unfortunately, they are still not capable of realising the validity of superior choice of people.
Most likely, as a result of continuous uppish movement in past weeks, market is exposed to the balancing of overbought situation or technically called market correction. This is observable after few days of trading, when support levels are reached. It is further said that Western investors are eyeing on our capital market, as they feel more comfortable with current regime, hopefully flowing a considerable amount of foreign direct investment.

These are poor attempts of cheap characters, of course charterr characters. Machan, they will last without results Very Happy

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