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Market should fall 648 Points as a result of Super Gain Tax

+21
Senior Citizen
gamaya
Teller
anges
Sunnyside
tha
nalban
nimantha80
VALUEPICK
EquityChamp
Gainer
Spoon
soileconomy
aran
Vptilak
sureshot
anjelo
sharemarket
mendis86
Nitro 7
Quibit
25 posters

Go to page : Previous  1, 2, 3  Next

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Senior Citizen


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

VALUEPICK wrote:
Quibit wrote:648 expected drop also seems in with 6600 technical support level. More 100 day surprises will make it hard for any possible support. Time to select sleeping beauties!!

I agree with you about small, mid and large sleeping beauties in the market. Investors and traders overlooked those shares especially in 2014. Everybody make mistakes even top global bankers and top analysts globally. Didn’t they say that gold is going to go to $ 10,000 and Oil going to $200? Now gold is trading around $1200 level and oil $45. Because of them all oil and gold hedgers and airlines etc get into trouble. We will slowly study these beauties in the market.

I believe institutional investors may start to buy value stocks in the future especially in most promising areas in the mid and long term basis such as food and farming, hotels and plantations. Both governments like those areas. Look at Asian population. What do they need mostly? All types of food and all type of hot and other drinks, health, education, travelling and infrastructure. It is time to do our own study to pick real beauties in the market.

Both governments are business and investment friendly. Once national government forms in June market may break not only 8000 but also 10,000 most probably in 2016. When national government forms we will see some of the well experienced people in the cabinet.

Happy dreams chum!

Very positive attitude especially in these critical times.
We need some of you to soothe us and encourage us to linger in this market a bit more.

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Senior Citizen wrote:
Quibit wrote:400 points already wiped out from the index and 250 more points to go?

Quit I just give an award for your prediction if the stocks.
Where are all the Elite experts who ganged against you for making a bold statement?

And I told earlier, one has to say what has to be said.
Even if there are minor deflections and misses the direction is accurate.

Keep on the good work Quibit! Very Happy

Hope this will be an eye opener for all experts to come back and work together for the benefit of the stock trading community.

VALUEPICK


Expert
Expert

Tomorrow is a very crucial day. 7000 is very important psychological barrier.We can expect some bounce back tomorrow. If it go below 7000 then it can drop to around 6900.

EquityChamp


Moderator
Moderator

Tomorrow and the day after are holidays. Market can cool down for a bit.

Jiggysaurus


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

VALUEPICK wrote:Tomorrow is a very crucial day. 7000 is very important psychological barrier.We can expect some bounce back tomorrow. If it go below 7000  then it can drop to around 6900.

Defa very valuable prediction by valueprick. When we look at the index tomorrow (Tuesday) we will see that it is flat and value prick will be correct.

Teller

Teller
Moderator
Moderator

This super gain tax issue spreaded world wide now. This will give more negative impact to colombo bourse. It gives a bad image says sri lankan government can impose any taxes at any time with out caring business ethics.there is no national policy. Decisions are chainging government to government. Thats why packer had to go home.we should refuse him at initially not now.

EquityChamp

EquityChamp
Moderator
Moderator

Cool Cool Cool flower

Teller

Teller
Moderator
Moderator

6700 Is the target

nalban


Manager - Equity Analytics
Manager - Equity Analytics

Agree teller , I work for a company affected by the super gain tax , It was like a perfect storm , totally unplanned coming from an interim budget. Pooh. we are not getting our bonus man , it is very serious , also there could be job cuts. How could a company absorb 1B . it is not Capex outflow. need to take the hit at the annual P&L , some company could go negative . wee afraid it would happen to us.

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

nalban wrote:Agree teller , I work for a company affected by the super gain tax , It was like a perfect storm , totally unplanned coming from an interim budget. Pooh. we are not getting our bonus man , it is very serious , also there could be job cuts. How could a company absorb 1B . it is not Capex outflow. need to take the hit at the annual P&L , some company could go negative . wee afraid it would happen to us.  

I think they want the people in Colombo to organise a protest by taking to the streets and walking all the way to Hambantota to see MR. Isn't that what was promised prior to the elections by the two RR's.

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Jiggysaurus wrote:
VALUEPICK wrote:Tomorrow is a very crucial day. 7000 is very important psychological barrier.We can expect some bounce back tomorrow. If it go below 7000  then it can drop to around 6900.

Defa very valuable prediction by valueprick. When we look at the index tomorrow (Tuesday) we will see that it is flat and value prick will be correct.

Please do not insult members.

EquityChamp

EquityChamp
Moderator
Moderator

Market humer Laughing

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

EquityChamp wrote:Market humer Laughing

Actually it must have touched the humerus bone ( Funny Bone)
But people who continue unabated with insults may also end up breaking their femur bones (Thig Bones)

lol!

Daniel260476

Daniel260476
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Jiggysaurus wrote:
VALUEPICK wrote:Tomorrow is a very crucial day. 7000 is very important psychological barrier.We can expect some bounce back tomorrow. If it go below 7000  then it can drop to around 6900.

Defa very valuable prediction by valueprick. When we look at the index tomorrow (Tuesday) we will see that it is flat and value prick will be correct.

may be CSE will be specially open for you Shocked Shocked Shocked Laughing Laughing Laughing Laughing "tomorrow"

EquityChamp

EquityChamp
Moderator
Moderator

Very Happy

Teller

Teller
Moderator
Moderator

Yeh nalban, finance minister thinks millions are like peanuts. A founder of this kind of business may work with out sleep,with out food on time. The results of their hard works these companies grew over 2 B profit.this progress have been underestimating by politicians. The loard buddha says one deshana which relevant to tax system even valid for today. "GOVERNMENTshould charge taxes like bee is taking nectar from a flower (bambara malin ron ganna se). it doesnt hurt to flower.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

We expected real UNP budget with new-liberal economic policies

with some suitable adjustment to this country

But present fiance mister also another CABBA in different style
Both of them has same background who pretend as economists

Stock traders and investers will say in near future " IGURU DEELA MIRIS GATHTHA WAGEY"

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

According to the topic 269 more points to drop.In 2 or 3 days time ???? or expecting recovery after loosing another 130 points.....After 2,3 days time.....

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

soileconomy wrote:According to the topic 269 more points to drop.In 2 or 3 days time ???? or expecting recovery after loosing another 130 points.....After 2,3 days time.....

I am expecting a Eagles dive tomorrow and day after and catch my early worms on the CSE.

Yes. It may drop 100 points a day and reach 6800. The writing is on the wall.

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Tomorrow market dark green alien

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Senior Citizen wrote:
soileconomy wrote:According to the topic 269 more points to drop.In 2 or 3 days time ???? or expecting recovery after loosing another 130 points.....After 2,3 days time.....

I am expecting a Eagles dive tomorrow and day after and catch my early worms on the CSE.

Yes. It may drop 100 points a day and reach 6800. The writing is on the wall.
.
Yes.

mendis86


Manager - Equity Analytics
Manager - Equity Analytics

oh no they naver learn the stock market

EquityChamp

EquityChamp
Moderator
Moderator

Who knows some players want to enter stock market at low levels and they might assist the help of RK Very Happy

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Dan ithin moko une? Very Happy Very Happy

Vptilak


Manager - Equity Analytics
Manager - Equity Analytics

[quote="nimantha80"]Dan ithin moko une? Very Happy Very Happy[/quot


Issarahata thawa naginawa. Bassanna hitapu ayage oluwa rathwela athi. Nikam boru gahala index eka pahalata ganna heduwe. Mewa honda weda nemei.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Mr Karunaratne will not allow manipulaters

This time his performance satisfactory

Nitro 7


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

People such as Quibit should quit than fooling innocent people

nimantha80 wrote:Dan ithin moko une? Very Happy Very Happy

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

corruption and malpractices always come from top leaders

If top leaders do honest job other will follow

CSE is no exception

VALUEPICK

VALUEPICK
Expert
Expert

Over crowded stocks will fluctuate in a market situation like this. Volatility is also creating opportunity in bull market. It is time to identify valuable non crowded stocks as well.

EquityChamp

EquityChamp
Moderator
Moderator

Gonibillange goniya gelawila. Anyway last week created so many opportunities for trading. Loooot of opportunities. pirat

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