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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Who said market will go up after elections? Can you please answer!

Who said market will go up after elections? Can you please answer!

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Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
What is happening now. Market is coming down. Those who were bullish about the market after election, can you please answer.

Who said market will go up after elections? Can you please answer! Screen15


Teller

Teller
Moderator
Moderator
Power,power,power...we can say its a type of power crisis at the momenmt. Unp membes are protesting in some cities as not to take late mps to new government. They point out out sevaral reasons. Frauds,etc...but what is the real truth?????the real truth is unp members are afraiding as they will not get votes as freedom party is switch on. There are not reputed unp candidates around the country but freedom party has. They will take majority votes in next election and may elect their own prime minister who knows


_________________




Teller said is said..

nalban


Manager - Equity Analytics
Manager - Equity Analytics
Those who painted Boom boom CSE picture after MY3 win do not even comment now, Probably they may have got new posts from the govt Very Happy .

Anyway it is too early, we will have to wait till the dust settle downs. This environment might continue till the gen election. I had no option but to sell the my PF 90% just after the election.
It is too much for newbies like us to take. Many things happening at the same time.
I lost my confidence of the experts we had , some of them were playing politics. We had a very few neutral guys but not active now.
I voted to MR and the main reason was the political stability under his regime.
Anyway there are good things promised by MY3 too so we need to wait and see.

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@nalban wrote:Those who painted Boom boom CSE picture after MY3 win  do not even comment now, Probably they may have got new posts from the govt  Very Happy .

Anyway it is too early, we will have to wait till the dust settle downs. This environment might continue till the gen election. I had no option but to sell the my PF 90% just after the election.
It is too much for newbies like us to take. Many things happening at the same time.
I lost my confidence of the experts we had , some of them were playing politics. We had a very few neutral  guys but not active now.
I voted to MR and the main reason was the political stability under his regime.
Anyway there are good things promised by MY3 too so we need to wait and see.


market can be down 7400 -7300 area....

dsam

dsam
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
There will not be major changers in this market until next general election finish.

Octopus

Octopus
Expert
Expert
I said repeatedly that so many possibilities till the election while some others say everything starts with the new year.

Don't panic. Market is in consolidating phase. Wait till the mini budgets and 100 day program finish. There is still opportunities but you have to choose shares with big personalities not soda bottles and craps

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Octopus wrote:I said repeatedly that so many possibilities till the election while some others say everything starts with the new year.

Don't panic. Market is in consolidating phase. Wait till the mini budgets and 100 day program finish. There is still opportunities but you have to choose shares with big personalities not soda bottles and craps

Hope you had a wonderful getaway...can you please name a few good shares for the coming days please...i am stuck with CFVF and recently enterd VPEL Sad Sad Sad Sad Sad Sad Very Happy Very Happy Very Happy

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Look at companies in which crude oil reduction will benefit the bottom line through cost reduction.

I can think of Dankotuwa Porcelain and also the local tile industry. Transport and distribution companies also could benefit from fuel reduction. Unfortunately some of them are overpriced.

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
People are cautious... I think the market will move sideways till april General elections.. yet some shares will have a ride after fuel price reductions..

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

mark

mark
Expert
Expert
market should go down, no reasn to go up and interest rates also going to be up. Smile

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@mark wrote:market should go down, no reasn to go up and interest rates also going to be up. Smile

yes ....market should go down....

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
There would be a few bumps. But I guess we can expect a positive trend.

buddhika.naween

buddhika.naween
Senior Equity Analytic
Senior Equity Analytic
Frm nxt week asi will up..middle of the next week people will try to collect at lower prices bt monday asi will be little bit down.

buddhika.naween

buddhika.naween
Senior Equity Analytic
Senior Equity Analytic
Frm nxt week asi will up..middle of the next week people will try to collect at lower prices bt monday asi will be little bit down.

Teller

Teller
Moderator
Moderator
I sold my most of the portfolios,now zero balances in AEL. I posted a post"" accesss will drop to 26 ""when it was trading 40. Hoping to get it when it reaches to my price. For me this is a wait and see time


_________________




Teller said is said..

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
What do you think of CW Mackie. Into Rubber Plantation, manufacturing and distribution. These Gud should benefit immensely from the proposed fuel reduction and budget concessions.

Teller

Teller
Moderator
Moderator
Their cost of production should reduce as they use rubber milk as basic material for producing medical gloves,etc.. i baught this share in around 35 plus in 2009 and sell around 80. there are less shares outstanding in the market but the price is over value currently. We cant satisfy with its earnings but it can deliver a good result in future.


_________________




Teller said is said..

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
It will go up

Sylvester1234


Senior Equity Analytic
Senior Equity Analytic
@Quibit wrote:What is happening now. Market is coming down. Those who were bullish about the market after election, can you please answer.

Who said market will go up after elections? Can you please answer! Screen15




Before the Election Stock Market was one place well managed and performing well. Most of us failed to see the good things that had been done to bring market to a high level and never appreciated. We Sri Lankans only criticize everything.  Now the overal market valuation is high. Average P/E I think is nearly 20 but experts will know better.  So it is not possible for it to go up like in 2009/2010.  If that happens market will crash again. For ASPI to go up the good work must continue. More IPOs must come. Companies must perform. Foreign Investors should continue to have confidence.  But now people like Thilak Karunaratne and Malik Cader who destroyed the market once want to return. God help us. Because Yahapalane will not.

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Down again.

Who said market will go up after elections? Can you please answer! Screen21

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