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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Blossom March
by Bakkabwoi Today at 11:21 am

» AGSTAR PLC (AGST.N0000)
by Mr. X Today at 11:15 am

» DIPD/HAYC/HAYL
by Wickyz Today at 11:09 am

» ACL post share split trading and the future potential
by sheildskye Today at 11:08 am

» Millennial Capital Youtube Channel
by sheildskye Today at 11:04 am

» PANASIAN POWER PLC (PAP.N0000)
by Nprabash Today at 10:30 am

» Crypto , Digital Currency Trading , Forex
by MillennialC Today at 12:59 am

» Has the CSE reached the peak actually in January?
by ONTHEMONEY Yesterday at 10:14 pm

» still I believe this
by stockback Yesterday at 6:59 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:39 pm

» Good time to collect fundamentally sound shares
by madukp Yesterday at 6:30 pm

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 6:13 pm

» TILE / LWL / RCL
by MaJa Yesterday at 6:07 pm

» TRUE VALUE OF LANKA ALUMINUM INDUSTRY (LALU)
by Susil Mendis Yesterday at 4:11 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by subash81 Yesterday at 2:15 pm

» RICH or TKYO
by subash81 Yesterday at 2:14 pm

» Inefficiency
by stockchaser Yesterday at 1:25 pm

» Sometimes you might find that you have lost all your money in the market by investing in the non profitable stocks in the market.
by pjrngroup Yesterday at 10:58 am

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by Wickyz Yesterday at 10:54 am

» NATIONS TRUST BANK PLC (NTB.N0000)
by Eranx Yesterday at 8:00 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » CSE from Dawn of Peace to Rebirth of Terror

CSE from Dawn of Peace to Rebirth of Terror

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The two ASI movement charts below will explain how country economy has moved during last 10 years.

First chart show the ASI movement during the period from the death of Velupulle Prabakaran and dawn of peace 2009 upto January 2015 in which President Sirisena took over the country after winning the Presidential electionwith Mahinda Rajapakse. As you can see market has gained significantly during this period backed by stong economic fundamentals. All Share Price index performed exceptionally well, high corporate earning resulting from lower inflation and low borrowing costs. Exchange rates were well managed. Simply to say Mahinda Rajapakse not only handed over a peaceful country to Maithripala Sirisena, but he also a prosperous country with a booming economy and a vibrant stock market.

CSE from Dawn of Peace to Rebirth of Terror Screen10


Now look at the second chart below. This simply indicate the economic mismanagement during the period of the President Sirisens's government which is still not over. Government under the pretext of Yahaplanaya blatantly mismanaged the economy resulting in destruction of the strong economy that was handed over by Present Rajapakse in 2015. Short sighted economic and fiscal policies resulted in lower corporate earnings, high inflation, high borrowing cost and significant devaluation of the rupee during this period. End result of this action was the crashing stock market. From a high of 7000 ASI now down to 5000 levels. The turn of events in April 2019 simulate the scenario opposite to the dawn of peace in 2009. Question is where is the bottom and what would be the ultimate consequences of rebirth of terrerism to the performance of the stock market and ASI.

CSE from Dawn of Peace to Rebirth of Terror Screen11

My personal view is ASI is likely to get close to the level of 2009 unless something good happens before 2021.



Last edited by Quibit on Wed Oct 30, 2019 5:15 pm; edited 2 times in total

mark

mark
Expert
Expert
I guess it wil reach 5000 levels in mid term and boune back, if terrorism prevails, then 4500 will be easily broken.
My gieve is about epf holding the bra without letting boobs come down, lets

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@mark wrote:I guess it wil reach 5000 levels in mid term and boune back, if terrorism prevails, then 4500 will be easily broken.
My gieve is about epf holding the bra without letting boobs come down, lets
Here +rep

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Quibit wrote:The two ASI movement charts below will explain how country economy has moved during last 10 years.

First chart show the ASI movement during the period from the death of Velupulle Prabakaran and dawn of peace 2009 upto January 2015 in which President Sirisena took over the country after winning the Presidential electionwith Mahinda Rajapakse. As you can see market has gained significantly during this period backed by stong economic fundamentals. All Share Price index performed exceptionally well, high corporate earning resulting from lower inflation and low borrowing costs. Exchange rates were well managed. Simply to say Mahinda Rajapakse not only handed over a peaceful country to Maithripala Sirisena, but he also a prosperous country with a booming economy and a vibrant stock market.

CSE from Dawn of Peace to Rebirth of Terror Screen10


Now look at the second chart below. This simply indicate the economic mismanagement during the period of the President Sirisens's government which is still not over. Government under the pretext of Yahaplanaya blatantly mismanaged the economy resulting in destruction of the strong economy that was handed over by Present Rajapakse in 2015. Short sighted economic and fiscal policies resulted in lower corporate earnings, high inflation, high borrowing cost and significant devaluation of the rupee during this period. End result of this action was the crashing stock market. From a high of 7000 ASI now down to 5000 levels. The turn of events in April 2019 simulate the scenario opposite to the dawn of peace in 2009. Question is where is the bottom and what would be the ultimate consequences of rebirth of terrerism to the performance of the stock market and ASI.

CSE from Dawn of Peace to Rebirth of Terror Screen11

My personal view is ASI is likely to get close to the level of 2009 unless something good happens before 2021.
Every citizen is suffering.earlier it was financially.now it is socially.

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics
Bottom of the barrel we have seen in 2009 was around ASI 2500 level. If we consider 2019 April ASI 5000 as the beginning of the bottom, then at 20% retracement ASI should fall to 4000 level. Lets keep our fingers crossed and see where the market is going to end. EPF blood money seems to have saved the market from imminent fall to these level.

Its quite obvious why EPF targeted one of the most capitalized company in the CSE to control the market. I am not surprised if EPF buys shares of JKH, SLT and other highly capitalized companies so that it could hold the ASI with minimum investment and minimum visibilty to the general public. How long can government artificially control the market is the question.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Without support of earnings market cannot keep its upward momentum.sustainable fact is impressive company earnings

Maharaja


Expert
Expert
Maharaja knows EPF cannot absorb the amount of foreign selling available. 4673 level will be reached !
Fundamentally Market will adjust. Wait ands see.

Maharaja

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@soileconomy wrote:Without support of earnings market cannot keep its upward momentum.sustainable fact is impressive company earnings
Open eye and see the current earnings of CDB, LFIN, CIND, AAIC, GRAN, TAFL, RHTL, OSEA, DIAL,..........etc

Bro. Learn to swim in both bear or bull market rather than finding other's mistakes.

Smile Smile Smile

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Yahapalanaya wrote:
@soileconomy wrote:Without support of earnings market cannot keep its upward momentum.sustainable fact is impressive company earnings
Open eye and see the current earnings of CDB, LFIN, CIND, AAIC, GRAN, TAFL, RHTL, OSEA, DIAL,..........etc

Bro. Learn to swim in both bear or bull market rather than finding other's mistakes.

Smile Smile Smile
Mr.Soil VFIN result also out, FYI

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
What is happening now?

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.

Uaecoindubai

Uaecoindubai
Manager - Equity Analytics
Manager - Equity Analytics
80% of companies doesnt have reasonable value to buy based on international valuations strategy. In simply retailers should avoid buying 80% companies based on current and past performances of companies. Good investment means at least you should able to safeguard your capital at the end.

Teller said is said

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

Arrowrisk

Arrowrisk
Manager - Equity Analytics
Manager - Equity Analytics
@soileconomy wrote:
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

ASI will reach to 5000 close to the election.. Shocked

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Arrowrisk wrote:
@soileconomy wrote:
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

ASI will reach to 5000 close to the election.. Shocked
Oh! Shocked

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CSE from Dawn of Peace to Rebirth of Terror Screen13

Since May 2019 (After Terror) Market was on recovery mode accelerated by the hope of change.

samaritan


Moderator
Moderator
@Arrowrisk wrote:
@soileconomy wrote:
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

ASI will reach to 5000 close to the election.. :shock:
This could only happen if Sajith becomes President, but the chances of him becoming President is very remote, in other words only in his dreams.


_________________




The biggest risk in life is not taking any risk at all.

Hewagak


Senior Equity Analytic
Senior Equity Analytic
@Arrowrisk wrote:
@soileconomy wrote:
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

ASI will reach to 5000 close to the election.. Shocked
Yes @Arrowrisk I agree if Sajith comes Yes..... But I dont think again there people to vote Sajith n Yahapalana horu.... So dont scare the investors. If you see last one hour buying pressure today you can see how the market coming down to ASI 5000.

Arrowrisk

Arrowrisk
Manager - Equity Analytics
Manager - Equity Analytics
@Hewagak wrote:
@Arrowrisk wrote:
@soileconomy wrote:
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

ASI will reach to 5000 close to the election.. Shocked
Yes @Arrowrisk I agree if Sajith comes Yes..... But I dont think again there people to vote Sajith n Yahapalana horu.... So dont scare the investors. If you see last one hour buying pressure today you can see how the market coming down to ASI 5000.

Brother, I will not support any candidate either GR or SP since both are corrupt and master in deal making for the betterment of their families. Coming two weeks ASI will go further down from present level

Eng Krishantha

Eng Krishantha
Expert
Expert
@Arrowrisk wrote:
@Hewagak wrote:
@Arrowrisk wrote:
@soileconomy wrote:
@Quibit wrote:Hope of change turning into investor confidence resulting in market recovery. Market will rise for next 3 months before it start adjusting. Good times to come.
Till the presidential election market may volatile ?

ASI will reach to 5000 close to the election.. Shocked
Yes @Arrowrisk I agree if Sajith comes Yes..... But I dont think again there people to vote Sajith n Yahapalana horu.... So dont scare the investors. If you see last one hour buying pressure today you can see how the market coming down to ASI 5000.

Brother, I will not support any candidate either GR or SP since both are corrupt and master in deal making for the betterment of their families. Coming two weeks ASI will go further down from present level
Did you miss the train, what ever said that train never come again.  Laughing Laughing Laughing

Sponsored content


Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

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