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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Don’t Sell Your Valubale Shares Market Will Bounce Back

Don’t Sell Your Valubale Shares Market Will Bounce Back

+2
Eugine Fernando
NZ BOY
6 posters

Go down  Message [Page 1 of 1]

NZ BOY

NZ BOY
Moderator
Moderator

Don’t Sell Your Valubale Shares Market Will Bounce Back

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

NZ BOY wrote:Don’t Sell Your Valubale Shares Market Will Bounce Back
What is happening? This is worse than Yahapalanaya period. Where are those who said once Gota comes into power market will fly. GL

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

magula tama Very Happy  banks and financial institutions will be bad. useless construction sector revenue come from SL gvt (it will not be a sustainable growth in construction sector revenue).

Teller

Teller
Moderator
Moderator

Big international banks ,fund managers are moving from sri lanka. Rating downgrades and external debtb increasing due to rupee depreciation

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

@teller - do u think investing long term bad now???

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Panic selling has dragged the market to pre-election levels, which is irrational selling. Market is at oversold territory. Technicals indicate consolidation at 5,990 - 6,000. Then, the upward trend will begin. Should not go below that level.

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

NO PANIC SELLING banks are going down deep to gotas stupid laws.
sam end with155

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics

All Economic Indicators Good

2019 Tourism targets unexpectably achieved
No Dollar Depreciation / No major changes expected also / Thus Healthy reserve levels
Govt Expenditure Cut Down
Business Confidence 51 Month High
Interest rates coming down
All Business sectors showing growth momentum
Banks / Finance generating more loans
Banks / Finance reducing Bad Loans
Banks also generating more profits through 8% Debt Tax reduction
(Very positive for Banks)
Debt morotorium is positive both for Banks and struggling Business

But Some minor bad news
Middle East tensions
Some Foreign Funds wants to exit (May be swiss linked or western linked - as this Govt is not ass licking)
Few meaningless political dramas

SO SOME TRYING TO COLLECT MORE & LOW USING ABOVE SCENARIOS..WE REPORT  - YOU DECIDE - YOU CRY.....

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