FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by D.G.Dayaratne Yesterday at 7:28 am

» hSenid Business Solutions(HBS)
by K.R Fri May 17, 2024 9:08 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» EXPO.N - Expo Lanka Holdings De-Listing
by thankrishan Wed May 15, 2024 1:58 pm

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Want to share

Go down  Message [Page 1 of 1]

1Want to share Empty Want to share Thu Mar 03, 2016 12:52 pm

Maharaja


Expert
Expert

This was a message I gave for a member who had a question about market direction, I think others can also learn from it. So I am sharing


Give me 2 reasons why market must not turn.

quickly the best reasons u think can be ..

1.) BOP issue & volatile exchange rate ? 2.) Interest rates ?

Check interest rates during 2009/10 rally from ASI 1600 - 7800. 
When Interest rates go up, it will stop foreign outflows from bonds. Then exchange rate also stable.
Also credit was growing too fast in SL, those were the reasons for interest rate hikes.

We had BOP issue from days we were born. IMF will give help by this month or April. Then BOP issue and exchange rates will stabilise.
I see fitch downgrade as good (in their analysis they didn't consider IMF support, so they had to downgrade), now we can ask for IMF help more. ADB gave 247/8 Mn USD. How do u think megapolis will get money to build if we have such a big BOP issue ?? ADB agreed to give 2 Bn USD for next 3 yrs for development. So slowly when we need , world will invest due to good foreign relations. 

How will world invest ? 

1.) FDIs

2.) India is going to be the best economy in the next years, and through India we will develop. ETCA agreements will bring indian investments. PM and guys will go to China and sign another trade agreement. So we will be helped internationally. Iran came and signed to offer better oil conditions. We hav to pay 4Bn USD as loan repayments. Many are from China, so with this month's visit our guys will try to postpone those repayments, then again BOP issue will reduce. 

Current situation is bad, but future is good ;

How I say like that ?

Some players want to collect at low levels. They tried spreading bad news but Technically market did not break ASI 6250. With the Fitch downgrade, they brought it down. Then margin calls start. Even today most were margin calls. If you are full time in the market you notice 5 mn shares JKH went 159-160 this week, today traded more than 4 Mn at 155 level. fools don't buy JKH, if situatioin is bad like many think buyers for JKH will come at 150 level. ALso look at world markets, all UP UP, crude oil UP 
CSE down ?? ask the idiots who followed world market why CSE is not following world markets now.

What you must watch ?
After china tour , Port city will start, so Buy AEL at 20 and keep, sell 24/- 

Goodluck
Maharaja

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum