Market on an upward curve

kasun_gimhana · 21 Re: Market on an upward curve Mon Nov 25, 2019 4:12 pm

kasun_gimhana

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I think this is it. The market is not going up as most optimistic guys expected. No foreign investor invest in Srilanka via CSE. A lot of negative news going around the world that appointing Rajapaksha brothers as president and Prime ministers. They think Srilanka is like a barbarian country even it is not 100% true.
I can see the only way to keep the market upward trend by dumping EPF money to the market. Even Kumaraswamy said that May 2018 they are going to invest EPF fund in CSE, EPF didn't purchase a single share in CSE other than participating right Issues.which is manipulation the market by spreading lies. you can see that analysing EPF portfolio. Currently, a loss of 23 billion incurred to the EPF but who cares innocent peoples money. They will gamble with the fund as they did previously.
http://bizenglish.adaderana.lk/sri-lankas-largest-pension-fund-epf-return-to-colombo-stocks/
http://www.epf.lk/equity_investments.php

cseranga · 22 Re: Market on an upward curve Mon Nov 25, 2019 5:33 pm

cseranga

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@Hewagak wrote:

@cseranga wrote:Yes very disappointing situation

@cseranga did you sell AEL shares? now it came down 21.50....

Honestly i am still in a hopeful situation didn't sell any of my AEL portfolio, today Mahinda Rajapaksha assigned duties as financial minister so it is still too early to blame the situation, new investors should be in lining in future for Sri Lanka since mahinda government early reputation of successful economy, but my question is how long we can hold these AEL shares at the prices.

My advice is to AEL holders if you have any doubt about the situation just sell half of your lot & let it to go down further more then re-buy from the bottom around 20/= to reduce the average. Next resistant level should be 20/= do not expect to see them going down below 20/=, do not accept a the view of @Teller about the critics of new financial minister because Mahinda is the most successful minister ever in Sri Lanka done a great success for our economy but i accept the recommendations of Teller.

Share is hittable any time here on it may be tomorrow or in a week buy sure so don't try to sell too early just bring down the average price.

Apparently it is not too easy to go up since the released amount of shares are huge by AEL so it should be a giant intervention of a investor.

This should be a fake sell of bulk holders

Teller · 23 Re: Market on an upward curve Mon Nov 25, 2019 5:39 pm

Teller

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@100%, agree with Kasun, we should think 5 million plus oppostion voters behaviour as well as international investors behaviour with recent changes.normally FDI and institutional investors are driving the market. How ever as i mentioned earlier 80% of companies are over value in CSE. I use carefully factors to estimate the stock prices. After recent appreaciation of stock prices, there are 86.4% companies are over value . You must immeadiately sell and encash those stocks. I always believe knowledge is money here.GL

Hewagak · 24 Re: Market on an upward curve Mon Nov 25, 2019 5:41 pm

Hewagak

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@cseranga wrote:

@Hewagak wrote:

@cseranga wrote:Yes very disappointing situation

@cseranga did you sell AEL shares? now it came down 21.50....

Honestly i am still in a hopeful situation didn't sell any of my AEL portfolio, today Mahinda Rajapaksha assigned duties as financial minister so it is still too early to blame the situation, new investors should be in lining in future for Sri Lanka since mahinda government early reputation of successful economy, but my question is how long we can hold these AEL shares at the prices.

My advice is to AEL holders if you have any doubt about the situation just sell half of your lot & let it to go down further more then re-buy from the bottom around 20/= to reduce the average. Next resistant level should be 20/= do not expect to see them going down below 20/=, do not accept a the view of @Teller about the critics of new financial minister because Mahinda is the most successful minister ever in Sri Lanka done a great success for our economy but i accept the recommendations of Teller.

Share is hittable any time here on it may be tomorrow or in a week buy sure so don't try to sell too early just bring down the average price.

Apparently it is not too easy to go up since the released amount of shares are huge by AEL so it should be a giant intervention of a investor.

This should be a fake sell of bulk holders

Well said.... @cseranga Yes Difficult to push AEL up....

Teller · 25 Re: Market on an upward curve Mon Nov 25, 2019 6:06 pm

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As i said earlier, AEL definitely come down below 18. Increasing of cement prices (1 bag, 100 Rupees price hike),some raw material increases, further depreciation rupees give more pressure. Again and again sorry to say that retailers baught over 20 LKR per share will be struggled. Most of retail investors dont see the opportunity and risk due to greedy. Example ,Why i against AEL price above 20 but not Against MGT , because i know the secrets. I put MGT target from 9 to 14.40,
Again revised to 18.20 as secondary target. In same way BPPL, how i predicted. But think why i dont have optimistic scenario against AEL above 18LKR per share???

npgslnawa · 26 Re: Market on an upward curve Mon Nov 25, 2019 7:29 pm

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What will happen on tomorrow?

kasun_gimhana · 27 Re: Market on an upward curve Tue Nov 26, 2019 10:25 am

kasun_gimhana

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MGT 18.00, Teller Please tell us the exit point for RCL and REXP. highly appreciated

Teller · 28 Re: Market on an upward curve Tue Nov 26, 2019 1:16 pm

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Exit RCL, But REXP no need to exit

4Corners · 29 Re: Market on an upward curve Tue Nov 26, 2019 1:33 pm

4Corners

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@Teller wrote:Exit RCL, But REXP no need to

How about RAL

ThilinaM · 30 Re: Market on an upward curve Wed Nov 27, 2019 3:24 pm

ThilinaM

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haha teller want to buy more rcl

ThilinaM · 31 Re: Market on an upward curve Wed Nov 27, 2019 3:25 pm

ThilinaM

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hi teller i will give u prediction rcl will not come to 60 levels again. Very Happy

ThilinaM · 32 Re: Market on an upward curve Wed Nov 27, 2019 3:27 pm

ThilinaM

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REXP do not support net asset fundamental. also high risk stock. i lost customer 1 2 customers its flat. RCL have a long term future. the great tile monopoly. person who invest in rcl now will get 10 times in 5 years

sricap · 33 Re: Market on an upward curve Wed Nov 27, 2019 3:39 pm

sricap

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Govt may impose cess/tax for import tiles to protect and develop local manufactures such as RCL,LWL,Tile and Macktiles .
Also high chance to reduce the corporate taxes for local manufactures and exports.

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Market on an upward curve

21 Re: Market on an upward curve Mon Nov 25, 2019 4:12 pm

kasun_gimhana

22 Re: Market on an upward curve Mon Nov 25, 2019 5:33 pm

cseranga

23 Re: Market on an upward curve Mon Nov 25, 2019 5:39 pm

Teller

24 Re: Market on an upward curve Mon Nov 25, 2019 5:41 pm

Hewagak

25 Re: Market on an upward curve Mon Nov 25, 2019 6:06 pm

Teller

26 Re: Market on an upward curve Mon Nov 25, 2019 7:29 pm

npgslnawa

27 Re: Market on an upward curve Tue Nov 26, 2019 10:25 am

kasun_gimhana

28 Re: Market on an upward curve Tue Nov 26, 2019 1:16 pm

Teller

29 Re: Market on an upward curve Tue Nov 26, 2019 1:33 pm

4Corners

30 Re: Market on an upward curve Wed Nov 27, 2019 3:24 pm

ThilinaM

31 Re: Market on an upward curve Wed Nov 27, 2019 3:25 pm

ThilinaM

32 Re: Market on an upward curve Wed Nov 27, 2019 3:27 pm

ThilinaM

33 Re: Market on an upward curve Wed Nov 27, 2019 3:39 pm

sricap

34 Re: Market on an upward curve

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