Teller wrote:I am telling your guys, until we defense the rupee, (i mean stopping the depreciation and start appreciation), no future CSE
Yeah. it is almost started
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
Teller wrote:I am telling your guys, until we defense the rupee, (i mean stopping the depreciation and start appreciation), no future CSE
Kipling wrote:Hi Kavindu
Today significant tax cuts approved & to be presented in parliament. Still
I see tremendous negativity. No govt can get all decisions right. But GR & MR really making a courageous effort to get economy & CSE moving. I recall Eran saying we must be happy with a “solid” 2% growth rate. Even in this forum you see Trading Economics absurd projection now the header. CSE cheapest market in SAsia. Earnings will grow with tax cuts, sales pick up & rate drops - making PE even better. Await your take.
I cannot agree that 90% overvalued.. Infact 75% undervalued... But many other issues you mentioned is correct... unless they are corrected market may not move much..though probability is there...GOVT AND CENTRAL BANK SEEM TO NEED A GOOD ECONOMIC ADVISOR. THEY KEEP DESTROYING ECONOMY EVERY 5 YEARS....THEN TRY TO RECOVER... THEN DESTROY... AGAIN RECOVER.. SO WE ARE AT THE SAME PLACE...ITHIOPIA AHEAD..Teller wrote:PE can be manipulated easily. Think about the cash flow. There are 35+ additional ratios to consider in terms of cash flow and strategical ratios. 100% guaranteed , no appreciation of share prices in 2020. What ever you hold in profit SELL and EXIT. 90 % of companies are over value here. Especially Price to Cash flow ratio in CSE listed companies one of the lowest in the world. In term of cashflows and dividendend payout with the decline rupee rupee, we can not expect FDI s here
Hi KiplingKipling wrote:Hi Kavindu
Today significant tax cuts approved & to be presented in parliament. Still
I see tremendous negativity. No govt can get all decisions right. But GR & MR really making a courageous effort to get economy & CSE moving. I recall Eran saying we must be happy with a “solid” 2% growth rate. Even in this forum you see Trading Economics absurd projection now the header. CSE cheapest market in SAsia. Earnings will grow with tax cuts, sales pick up & rate drops - making PE even better. Await your take.
Kipling wrote:Thank you dear Kavindu. May you be blessed a million fold for your decency, sincerity & wisdom.
Teller wrote:I am telling your guys, until we defense the rupee, (i mean stopping the depreciation and start appreciation), no future CSE
විකුනපු කට්ටිය බලනවා මොනවා හරි කියල පහලට ගන්න, ඕක තමා ඇත්ත තත්වේNANDANA2012 wrote:If RCL to come down to 65/70, market have to come down to 5500?? Is that possible ? doubt it..
NANDANA2012 wrote:All big guys even agreed Sri Lankan Market is highly undervalued.. Recently Mobius also said CSE is at a "Sweat spot". So there is no issue with valuations.. Even if Market goes up to 10000, thats valuable... compared to other markets.. But our problem is WE HAVE SOME FUNDAMENTAL ISSUES WHICH ONLY GOVT CAN SOLVE..
1. Dollar Depreciation - No Foreigner like this
2. Regulations - 2010 incidents not properly investigated
3. Less Liquidity - Big Funds wants this - They want tom exit when they want easily - currently a Big Fund in LOLC is struggling to exit...
4. Low market Capitalisation - Our market size is very small for foreign players to enter - many times experts have asked to list at least 10% of large Govt entities (This is not privatisation)
5. High Govt spending for Salaries etc - Experts know this creates inflation and currency depreciation
6. Loss making SOE's - These losses have to be covered by taxes which effect businesses
7. High loans to GDP rate - This is also creating dollar pressure and inflation..
So, till these are addressed, market may not move much though potential is there... Only temporary gains...Else somebody have to pump... and it never remains there when basics are not right..
So its time we all make a noice to make GOVT to make correct decisions..
Bureucracy
Teller wrote:Fundementally this market never go up in 2020 except artificially pump and dump. I strongly advise to exit 90% of listed shares are over value at these levels. New comers and retailers be careful on margin. There is a trend to increase margin interest.
teller wrote:Teller"@teller your thoughts please",
In case if LFIN touch 150 levels, RCL will have its own way to upward. You should understand what im tellling....hahaha.
I will not tell you every thing.
ColomboCSE wrote:i'm RCL fan and to be honest with you guys... for the following reason i thinks CSE most of shares over valued... if i consider value investing...not Short-term trading...
b'cos i'm very less skills and there is no any inside contacts to do "Short-term trading"...(if you have these two, then best is "Short-term trading")
1) first reason is currency depreciation, we have to make profit with include "currency depreciation rate"
2) inflation (i don t want to talk again sri lanka inflation rate)
3) most of shares EPS is 8% to 12% rate... if you reduced inflation , currency depreciation then you can imagine how about your profit...
(I hope @teller also mention this 90%...)
Next then why RCL is going up again...
I hope Its about "L B FINANCE PLC"
in RCL, if i'm not mistaken most profit come from LB... so that's why this is going up...
I hope @Teller also indirectly mention this early days...teller wrote:Teller"@teller your thoughts please",
In case if LFIN touch 150 levels, RCL will have its own way to upward. You should understand what im tellling....hahaha.
I will not tell you every thing.
I hope without just telling anything defend your argument technically that's good, then we all can gain maximum output in this forum...
@NANDANA2012 wrote:Point 1 - Only Applicable to Foreigners or who earning in Foreign Exchange
if gov is controlling... just compare yearly price change... 2010 to 2019 then you will understand they only used basic need... most of key items removed from Inflation calc.@NANDANA2012 wrote:Point 2 - Yes, Inflation will be an issue - But Govt will have to control it, else many issues.
@NANDANA2012 wrote:Point 3 - A share value is calculated by Market price / EPS, If this value is less share is valuable, usually upto 10 times its undervalued. RCL EPS is about 3.5. And Net assets above 200, So both ways valuable than 200.
ColomboCSE wrote:i'm RCL fan and to be honest with you guys... for the following reason i thinks CSE most of shares over valued... if i consider value investing...not Short-term trading...
b'cos i'm very less skills and there is no any inside contacts to do "Short-term trading"...(if you have these two, then best is "Short-term trading")
1) first reason is currency depreciation, we have to make profit with include "currency depreciation rate"
2) inflation (i don t want to talk again sri lanka inflation rate)
3) most of shares EPS is 8% to 12% rate... if you reduced inflation , currency depreciation then you can imagine how about your profit...
(I hope @teller also mention this 90%...)
Next then why RCL is going up again...
I hope Its about "L B FINANCE PLC"
in RCL, if i'm not mistaken most profit come from LB... so that's why this is going up...
I hope @Teller also indirectly mention this early days...teller wrote:Teller"@teller your thoughts please",
In case if LFIN touch 150 levels, RCL will have its own way to upward. You should understand what im tellling....hahaha.
I will not tell you every thing.
I hope without just telling anything defend your argument technically that's good, then we all can gain maximum output in this forum...
Teller wrote:How teller strongly told buy LFIN @ 130, and same time put his target 156 , (refer one of my old posts), these are hidden calcs. Only advanced and experience tech and fund...guy can see those 100% predictions. I dont care others to follow me or not. But thats the reason im 99% profit not only cse but also world.
@colombocse, you have some brain to understand what i say. Because i dont tell every thing now. Only intelligence guys will understand who i am
Teller wrote:Dont mix mother land and investment. I also believe GR may do some thing . Even i have to respect him due to he was elected by majority voters. But understand ,as an analyser , i use fundementals,technicals and the global trend. Based on those i have done so many complicated calcs which are the basis of my predictions. So i always monitor actual vs forcasts , then i decide buy,sell or hold. Fortunately or unfortunately 90% of my results force me to SELL. Your guys no need to angry with me but i stick on those
Similar topics
Permissions in this forum:
You cannot reply to topics in this forum