Is this true?

Kipling wrote:Kavindu. Appreciate last 2 posts but note contradiction in ASPI forecast.

Actually ASPI is a mess.

There are 2 possible ways.

            1.market fall [market will be in a downtrend and if it fall more than 5700 level                                     (approximately 5676) , there won't be any bull market in next 6                                        months,which means it will keep falling]
                possibility :- 10%
          
            2. bull after April- May (market will be in a uptrend till April and it will fall by like                                                150-200 points and will be a bull market and will pass                                                    6700 levels easily.) However there is a chance for a free                                                  run without a fall too.
                possibility :- 90%

Actually our country need a good plan.Hope this gov will make this better.

And with some special incidents,this could be changed (like special government decisions) 

However we will get the answer soon.

Thanks Kavindu. 
I do believe that GR based on his track record on the war & city development has a plan. I expect courageous economic decisions after GE. If he secures 2/3 then CAL estimate is the one to watch. So GE is key.
Question- Fron an earlier postBut this isn't the time the bull market gonna start.
It will be started in next month or end of January.Then there is no turn back.
Do you still hold this view?

Kipling wrote:Thanks Kavindu. 
I do believe that GR based on his track record on the war & city development has a plan. I expect courageous economic decisions after GE. If he secures 2/3 then CAL estimate is the one to watch. So GE is key.
Question- Fron an earlier postBut this isn't the time the bull market gonna start.
It will be started in next month or end of January.Then there is no turn back.
Do you still hold this view?

Yeah i do. there i mentioned the run till April - may period ( index around 5900 to 6400 run)
market will be in a downtrend before the 2 ways i mentioned. and we will meet the turning point around 5850-5750 index.
However that should happen within a month

come on Mr.CSE u deserve to be in 7000 levels 

Thank you Kavindu. Much appreciated.
According to CAL if economic reforms introduced 11000 (corresponding to PE of 19 on CURRENT earnings) likely. Far cry from 29 in 2011 & still below Frontier markets like India @ 27+. So 2/3 & reforms a must. Hope CBSL cuts rates end January.

Welcome @Kipling it's my pleasure. 


After GE government will be stable and will start the journey to the victory.and rupee will come back again to 150 levels slowly.

Welcome @Kipling it's my pleasure. 


After GE government will be stable and will start the journey to the victory.and rupee will come back again to 150 levels slowly.

Kavindu any view on my last post.

Kipling wrote:Thank you Kavindu. Much appreciated.
According to CAL if economic reforms introduced 11000 (corresponding to PE of 19 on CURRENT earnings) likely. Far cry from 29 in 2011 & still below Frontier markets like India @ 27+. So 2/3 & reforms a must. Hope CBSL cuts rates end January.

Idk about 11000. however it's not impossible. it depends on the government's decisions.
Yeah will see.

Thank you so much for the response. You are right all depends on GR introducing economic reforms & taking unpopular decisions. 2 questions.
1) Do you foresee grant of casino licenses post GE.
2) Will CBSL cut policy rates end January

Kipling wrote:Thank you so much for the response. You are right all depends on GR introducing economic reforms & taking unpopular decisions. 2 questions.
1) Do you foresee grant of casino licenses post GE.
2) Will CBSL cut policy rates end January

You are Welcome.

tbh i don't have any idea about both of them.however casino's will be a good income
what's ur idea about them?

Promoney wrote:

We have 4 casinos now in operation. They are not part of big international gaming groups. To attract tourists you have to get these international companies. Singapore got Genting & Las Vegas Sands while Macau has all represented. Losing Packer was bad under YP. Getting these companies will boost tourism as in Singapore & JKH. Worth to know.please see if you can get some information on my 2 questions.

Kipling wrote:We have 4 casinos now in operation. They are not part of big international gaming groups. To attract tourists you have to get these international companies. Singapore got Genting & Las Vegas Sands while Macau has all represented. Losing Packer was bad under YP. Getting these companies will boost tourism as in Singapore & JKH. Worth to know.please see if you can get some information on my 2 questions.

Yeah that's right.
Sure. i ll let u know if i got anything related 

KavinduTM wrote:

Kipling wrote:Thank you so much for the response. You are right all depends on GR introducing economic reforms & taking unpopular decisions. 2 questions.
1) Do you foresee grant of casino licenses post GE.
2) Will CBSL cut policy rates end January

You are Welcome.

tbh i don't have any idea about both of them.however casino's will be a good income
what's ur idea about them?

Yes Casinos bring good income, also in brings in bad culture. Further its regarded as a bad Business. Sri Lanka abundant with other things tourists are interested. Why should we pick pocket them through casinos... I love if we make Sri Lanka an ethical destination, where tourists are cared and looked after like our own people and even development with a sustainable model. THEN WE MAKE A SRILANKAN IDENTITY AND RESPECT. How much ever money is gained, there is no worth in them when earned with cheap avenues..

NANDANA2012 wrote:

KavinduTM wrote:

Kipling wrote:Thank you so much for the response. You are right all depends on GR introducing economic reforms & taking unpopular decisions. 2 questions.
1) Do you foresee grant of casino licenses post GE.
2) Will CBSL cut policy rates end January

You are Welcome.

tbh i don't have any idea about both of them.however casino's will be a good income
what's ur idea about them?

Yes Casinos bring good income, also in brings in bad culture. Further its regarded as a bad Business. Sri Lanka abundant with other things tourists are interested. Why should we pick pocket them through casinos... I love if we make Sri Lanka an ethical destination, where tourists are cared and looked after like our own people and even development with a sustainable model. THEN WE MAKE A SRILANKAN IDENTITY AND RESPECT. How much ever money is gained, there is no worth in them when earned with cheap avenues..

Yeah that's true. And i hope we will be there before 2025.

Hi Nandana. Glad to see you back. I am from a personal standpoint 100%opposed to casinos. Never been inside one here or abroad. Singapore tourism was stagnant @ 8mn & once 2 casinos introduced I think now 17 mn+. Singapore has a tight gaming control act. I wish SL can proceed without this option. Since we already have 4 I think better to have 2 international operators subject to tight Singapore style controls. We could even ban local entry. Jkh CLife will boom if Genting given ok.

Kipling wrote:Hi Nandana. Glad to see you back. I am from a personal standpoint 100%opposed to casinos. Never been inside one here or abroad. Singapore tourism was stagnant @ 8mn & once 2 casinos introduced I think now 17 mn+. Singapore has a tight gaming control act. I wish SL can proceed without this option. Since we already have 4 I think better to have 2 international operators subject to tight Singapore style controls. We could even ban local entry. Jkh CLife will boom if Genting given ok.

Actually Singapore has to do something or another to get them some income while their port, airport are being hit with competition and as a country without any proper ground income source and even water being imported from Malaysia. So i dont blame their model. They have a high security net and corruption free systems where they dont bother even the worst criminals enters there and offers free visa. (They will become powerless cats inside as anyone enters with fingerprint) 

But we have lot of other areas for tourism, even our nature is enough to attract 5 Million more tourists easily, but need the system to be safe, secure and tourism friendly. Thailand gets 30 Million and Malaysia almost same.. 

With the God given attractions we have, we can build up the industry easily if correct and bold decisions are taken, without harming our culture and future generations - Tourism industry need not be like tobacco industry - Lot of taxes but more indirect cost to health..

Agree Few Casinos ok to have with strict controls...But ultimately we are involve in a unfair trade... also locals will find ways to break those control - we still dont have Singapore like politicians or officers...

Infact i like if we can make Sri Lanka the best ethical tourist destination in the World with 15-20 Million Visitors annually, and no prostitution, drugs  or casinos....Those people will love to travel here repeatedly and we will not require advertisements...(Spending Millions)

Dear Nandana. I fully agree with the thrust of your argument. Sadly our politicians & public servants  a far cry from Singapore.That is the major issue.

touarist la enne badu gahanna. toarisum promoting is not good. whole country will be filled with HIV aids if we more focus on toarisum economy. toarist like asian girls since they can dominate more .
SL still do not promote prep phills for HIV. with thease if SL promote toarisum it will be long term impact to SL economy. im opposed to promote toarisum

As i personally know touar gides know all the badu pots in all around SL. locals do not have access to those spots and no idea. only the girs given to forigners so no police issues. this will raise hiv rates in SL and people starting to die . when girl earn enough money they want to marry locals hiding the past they will date many locals and finally SL will be hiv 40% country and half of population will die like in africa bombai

there is huge risk of promoting tourisum without promotings condoms + Prep drug use

no use of welth without helth

Teller wrote:Ashok Pathirage is killing sri Lankan airlines. He has  increased most of tariffs some gone double compare to emirates.  Dubai, riyadh air tickets are 70 to 100% cheaper in Emirates airlines compare to Sri Lankan. So who will travel and who can travel?

Teller , මේවගේ බොරු සමාජ ගත කරන්න එපා, ඔයා කියන්නේ ඔයා තමා හැම දේම දන්නේ, please තවත් රන්ජන් කෙනෙක් වෙලා රටට විහිළු සපයන්න එපා. විශේෂයෙන්ම ඔයවගේ කුහක වෙන්න එපා සල්ලි හම්බ කරන්න.

EngK. Teller & Maharaja sole focus is to make us poor investors next DhamikaP. So we must respect & bilndly follow. Even Mother Theresa was not 1% as much generous.

KavinduTM wrote:

Kipling wrote:Kavindu. Appreciate last 2 posts but note contradiction in ASPI forecast.

Actually ASPI is a mess.

There are 2 possible ways.

            1.market fall [market will be in a downtrend and if it fall more than 5700 level                                     (approximately 5676) , there won't be any bull market in next 6                                        months,which means it will keep falling]
                possibility :- 10%
          
            2. bull after April- May (market will be in a uptrend till April and it will fall by like                                                150-200 points and will be a bull market and will pass                                                    6700 levels easily.) However there is a chance for a free                                                  run without a fall too.
                possibility :- 90%

Actually our country need a good plan.Hope this gov will make this better.

And with some special incidents,this could be changed (like special government decisions) 

However we will get the answer soon.

Still it can be both of those ways. but personally i trust it will turn back after reaching 5800 - 5900 levels

And it will be around 5820 level end of january. i don't think it deserves to fall more. So it will be a turning point.

Mind nothing is 100%.

Happy Trading!

IF gvt able to maintain inflation below 3% market will give double digit economic growth

ThilinaM wrote:IF gvt able to maintain inflation below 3% market will give double digit economic growth

Yes but it takes years