Now mkt bottom level

sisira.wijeweera · 1 Now mkt bottom level Mon Nov 30, 2015 7:45 pm

sisira.wijeweera

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Do not panic now
Now mkt bottom level don't sell your stocks . I feel mkt will green Tomorow alien

stockback · 2 Re: Now mkt bottom level Mon Nov 30, 2015 7:48 pm

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sisira.wijeweera wrote:Do not panic now
Now mkt bottom level don't sell your stocks . I feel mkt will green Tomorow

if Market ASI fall to 6800 level that is give healthy return (strong Turn)

hope fully tomorrow Market up. bcz JKH.

tharindufit · 3 Re: Now mkt bottom level Mon Nov 30, 2015 9:28 pm

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sisira.wijeweera wrote:Do not panic now
Now mkt bottom level don't sell your stocks . I feel mkt will green Tomorow

+1

Pac-man · 4 Re: Now mkt bottom level Mon Nov 30, 2015 10:25 pm

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Credit clearing over .. Tomorrow upp

capitallinkceylon · 5 Re: Now mkt bottom level Mon Nov 30, 2015 11:06 pm

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Market might go up slightly tomorrow but overall sentiment towards the market is negative. I think market will drag down further to 6800 within few weeks time.
Overall economy is bleeding money, CB printing money to keep interest rate down artificially. Borrowing money to boost the consumption(purchasing power). Credit clearing might be the reason for today huge drag down but don't expect the CSE to recover anytime soon.

http://www.economynext.com/Sri_Lankan_shares_fall_to_over_7_1_2_mth_closing_low_on_budget_worries-3-3640-3.html

http://www.economynext.com/Sri_Lanka_higher_spending,_deficits,_credit_negative__Moody_s-3-3635-1.html

http://www.economynext.com/Sri_Lanka_central_bank_kills_Rs15bn_excess_liquidity-3-3638-1.html

stockback · 6 Re: Now mkt bottom level Tue Dec 01, 2015 12:00 am

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capitallinkceylon wrote:Market might go up slightly tomorrow but overall sentiment towards the market is negative. I think market will drag down further to 6800 within few weeks time.
Overall economy is bleeding money, CB printing money to keep interest rate down artificially. Borrowing money to boost the consumption(purchasing power). Credit clearing might be the reason for today huge drag down but don't expect the CSE to recover anytime soon.

http://www.economynext.com/Sri_Lankan_shares_fall_to_over_7_1_2_mth_closing_low_on_budget_worries-3-3640-3.html

http://www.economynext.com/Sri_Lanka_higher_spending,_deficits,_credit_negative__Moody_s-3-3635-1.html

http://www.economynext.com/Sri_Lanka_central_bank_kills_Rs15bn_excess_liquidity-3-3638-1.html

this is very strong line.
"CB printing money to keep interest rate down artificially."

please tell me which link provide money printing details out of your three links.

this budget give good economy background for country.

only problem on Tax increase that's why people are worrying. Tax increasing is good for government to hold stability of economy. otherwise money printing and more borrowings.

some people think all T-bills and T-bonds paying using newly printed money. that s not happen. re-bonding bills and bonds using to pay-back.

these days T-bill and Bond rates going down that is another plus factor for CSE.

only single problem is foreign out flow. from CSE. main advantage is JKH is very attractive this level for Foreigners.

I am expecting U -turn, but Mr Market waiting for correct bumpy spot. I think 6800 is very good and attractive.

capitallinkceylon · 7 Re: Now mkt bottom level Tue Dec 01, 2015 12:32 am

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http://www.economynext.com/Sri_Lanka_keeps_rates_down_as_credit_rages,_rupee_falls-3-3596.html

capitallinkceylon · 8 Re: Now mkt bottom level Tue Dec 01, 2015 12:34 am

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Sry I forgot to attach the forth link

capitallinkceylon · 9 Re: Now mkt bottom level Tue Dec 01, 2015 12:36 am

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no clear plan to improve finances over the medium term and there are risks to meet its fiscal deficit target, Fitch said.

"Notably, the original 2015 deficit plan of 4.4 percent will be exceeded by a wide margin, underscoring that government's track record of meeting fiscal targets is not strong," the rating agency said.

This is what Fitch is saying

stockback · 10 Re: Now mkt bottom level Tue Dec 01, 2015 1:01 am

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capitallinkceylon wrote:no clear plan to improve finances over the medium term and there are risks to meet its fiscal deficit target, Fitch said.

"Notably, the original 2015 deficit plan of 4.4 percent will be exceeded by a wide margin, underscoring that government's track record of meeting fiscal targets is not strong," the rating agency said.

This is what Fitch is saying

i think that link gave picture about last two three months.

thats why government increase taxes. and plan to sale lands and other resource as a short term solutions. then we can get healthy two years.

and also government need to control cash out-flow thats why heavily increase taxes for vehicles(import taxes).

next year port city start and GSP plus bring some investors. that is bring foreign currency. i don't see any big problem in next year. so that is create good opportunity for stock traders.

long term plan is increasing productivity (good and service) other than that we cannot survive in future

I think your link gave good idea about last three months. money printed and effect to rupee also. that is Done.

will see.........

capitallinkceylon · 11 Re: Now mkt bottom level Tue Dec 01, 2015 7:17 am

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@stockback i agree that there were some positive proposals from the budget but overall this budget was riddled with some stupid ideas.
few are, Import of tea to mix with our tea for re exporting purposes.
Higher amount of taxes on financial sectors. Its one thing to increase corporate tax by 2% but increasing NBT and VAT also is questionable decision.
increase of taxes on Electrical vehicle
Six months notice to stop leasing facility given by commercial banks
CB guarantees finance company placed deposits, which is stupid. No country does it for a reason.

sisira.wijeweera · 12 Re: Now mkt bottom level Wed Dec 02, 2015 11:17 pm

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stockback wrote:

capitallinkceylon wrote:no clear plan to improve finances over the medium term and there are risks to meet its fiscal deficit target, Fitch said.

"Notably, the original 2015 deficit plan of 4.4 percent will be exceeded by a wide margin, underscoring that government's track record of meeting fiscal targets is not strong," the rating agency said.

This is what Fitch is saying

i think that link gave picture about last two three months.

thats why government increase taxes. and plan to sale lands and other resource as a short term solutions. then we can get healthy two years.

and also government need to control cash out-flow thats why heavily increase taxes for vehicles(import taxes).

next year port city start and GSP plus bring some investors. that is bring foreign currency. i don't see any big problem in next year. so that is create good opportunity for stock traders.

long term plan is increasing productivity (good and service) other than that we cannot survive in future

I think your link gave good idea about last three months. money printed and effect to rupee also. that is Done.

will see.........

ලොව ඉහළම ආදායම් ලබන රටක් බවට ශ්‍රී‍්‍ර ලංකාව පත් කිරිමේ සැලැස්මක්
2015-12-02 05:06:00

ලොව ඉහළම ආදායම් ලබන රටක් බවට ශ්‍රී‍්‍ර ලංකාව පත් කිරිමේ සැලැස්මක් අනුව කටයුතු කරන බව අග‍්‍රාමාත්‍ය රනිල් වික‍්‍රමසිංහ ප‍්‍රකාශ කළා. ඒ කොටස් වෙළදපල සංකීර්ණයේ 30 වෙනි වාර්ෂික සැමරුමට එක්වෙමිනි. ඉදිරි වර්ෂයේදි ආර්ථික වර්ධනය 6.5 ක් දක්වා වැඩිකර ගැනිමේ මූලික සැලැස්ම අනුව කටයුතු කරන බවයි අග‍්‍රාමාත්‍යවරයා පෙන්වා දුන්නේ.

අපේක්ෂිත ආර්ථික ඉලක්ක වලට ලඟාවිම සදහා ආර්ථික කළමනාකරණ කමිටුවක් ද කි‍්‍රයාත්මක බව අග‍්‍රාමාත්‍යවරයා සදහන් කළා. ප‍්‍රධාන පක්ෂ දෙකේම නියෝජිතයන් ඊට ඇතුලත්. එහි ප‍්‍රතිපත්ති සම්පාදනය සදහා චරිත රත්වත්තේගේ මූලිකත්වයෙන් කණ්ඩායමක් දායකත්වය ලබාදෙන බවයි අග‍්‍රාමාත්‍යවරයා ප‍්‍රකාශ කළේ. ලබන වසරේ දී ආර්ථික සමුළුවක් ද ශ්‍රී‍්‍ර ලංකාවේ පැවැත්වීමට සැළසුම් කර ඇති බවයි අග්‍රමාත්‍යවරයා පවසන්නේ.එය සංවිධාන කරන්නේ හාවඩ් විශ්වවිද්‍යාලයේ සහයෝගයෙනි. එම සමුළුව ගැන දෙසැම්බර් මාසයේදි ශ්‍රී‍්‍ර ලංකාවට පැමිණෙන විදේශ නියෝජිතයන් සමඟ සාකච්ඡා කරන බවද අග‍්‍රාමාත්‍යවරයා සදහන් කළා.

capitallinkceylon · 13 Re: Now mkt bottom level Thu Dec 03, 2015 8:43 am

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From Last December he was painting nice picture how he's going to turn around the country, mkt boomed first week of MS presidency. Afterwards disastrous budget was presented to win the next election. Now with MS protecting this govt and promises this govt wont be toppled under any circumstances within 5yrs RAVI presented budget with mixed signals. Everyone wanted a stable strong direction from the budget, but they presented a budget which changes colors everyday.

I think its time to appoint ERAN or Harsha as finance minister cause Ravi is mucking up everything.