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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » The biggest news in 2020

The biggest news in 2020

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1The biggest news in 2020 Empty The biggest news in 2020 Mon Jan 20, 2020 11:54 pm

Teller

Teller
Moderator
Moderator
This will give a much pressure to banks. Finally whole financial system will be collapsed. This is a really wrong decision. Some one has misleaded the prime minister. People will not repay.

https://www.citizen.lk/news/67516

http://puvath.lk/news.php?newsid=67516&ref=share&os=android



Last edited by Teller on Mon Jan 20, 2020 11:58 pm; edited 1 time in total

2The biggest news in 2020 Empty Re: The biggest news in 2020 Mon Jan 20, 2020 11:56 pm

Teller

Teller
Moderator
Moderator
Tomorrow early morning , i will sell my whole bank,financial,insurance shares and fully move to Newyork or dubai.


_________________




Teller said is said..

3The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 12:09 am

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics
Not only shareholders but also depositors need to reconsider their bank deposits. That's why I always believe in gold is the only commodity we have to protect our wealth with these clowns.

4The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 5:27 am

Hope123


Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:Tomorrow early morning , i will sell my whole bank,financial,insurance shares and fully move to Newyork  or dubai.

Hi Teller 
It is quite surprising some of your statements. One time you are recommending to sell based on the ASI downfall as per your technical analysis, but it seems your still holding on to shares as per above.  

You were the one talk about bad future of banks, but how come you were holding it to it if the future is that much bad. 

And the other question is, bank shares came down drastically in the last couple of days, but you being an expert starting to sell them only now. Don't understand the logic.  Evil or Very Mad

Being following your statements, we are helpless ne BRO  Rolling Eyes

5The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 7:13 am

Sanju121


Senior Equity Analytic
Senior Equity Analytic
@Teller wrote:This will give a much pressure to banks. Finally whole financial system will be collapsed. This is a really wrong decision. Some one has misleaded the prime minister. People will not repay.

https://www.citizen.lk/news/67516

http://puvath.lk/news.php?newsid=67516&ref=share&os=android
Yes you better stay away from sri lankan market  Very Happy Very Happy clown

6The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 7:57 am

roshan1039


Moderator
Moderator
@Hope123 wrote:
@Teller wrote:Tomorrow early morning , i will sell my whole bank,financial,insurance shares and fully move to Newyork  or dubai.

Hi Teller 
It is quite surprising some of your statements. One time you are recommending to sell based on the ASI downfall as per your technical analysis, but it seems your still holding on to shares as per above.  

You were the one talk about bad future of banks, but how come you were holding it to it if the future is that much bad. 

And the other question is, bank shares came down drastically in the last couple of days, but you being an expert starting to sell them only now. Don't understand the logic.  Evil or Very Mad

Being following your statements, we are helpless ne BRO  Rolling Eyes
Dont trust anyone in this forum
They dont give correct view

7The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 8:29 am

Kipling


Expert
Expert
Teller gives 100% correct view as he wants to make us super rich.Very Happy
He works for the same MASTER as the YP nadaya.

8The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 8:42 am

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
For Me personal this is really bad decision by GOV. i can't believe it's real...

For Sri lanka  "ක්‍රිබ් වාර්තාව" it best validation banks has. this is mirror of what person  or company financials movement.

if you smart(peoples or company) you can show what every income and take loan. but crib will show how about real info.(numbers don't lie)

unfortunately most of private Banks (except SAMP,PABC and NTB...) most chunk own buy Gov. thanks to our EPF and ETF money...
so Gov has more control over private...

i'm really disappointed... why they need to kill SL bank and finance sector?

9The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 9:19 am

chandike73

chandike73
Equity Analytic
Equity Analytic
This decision will help people who are in trouble to make finance for their business. There is a positive side also. This affects only for one year. Other things banks can take legal action and recover from gurrenters if someone fails to pay.

10The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 10:52 am

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator
@Teller wrote:Tomorrow early morning , i will sell my whole bank,financial,insurance shares and fully move to Newyork  or dubai.
So you said that, you have trading accounts or Participating in share trading at New York, Saudi Arabia, Dubai, Philippine and Bombay (India).
Well, year 2016 Kids of this forum were well aware of you. 


But year 2019 & 2020 Kids are your Orchestras and Choir reciters. They feel that I am unnecessarily annoying you.  

11The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 10:56 am

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Miss-Sangeetha wrote:
@Teller wrote:Tomorrow early morning , i will sell my whole bank,financial,insurance shares and fully move to Newyork  or dubai.
So you said that, you have trading accounts or Participating in share trading at New York, Saudi Arabia, Dubai, Philippine and Bombay (India).
Well, year 2016 Kids of this forum were well aware of you. 


But year 2019 & 2020 Kids are your Orchestras and Choir reciters. They feel that I am unnecessarily annoying you.  

Hahah it;s for me neh xD.

No ma'm just keep that good work up  Smile

12The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 11:13 am

Teller

Teller
Moderator
Moderator
i sold most of my banking shareS after tax structure changes and loan relief ahnouncement. But i hold few banks those are some dividend pays. How ever definitely i will exit from bank finance industry. I have started putting some orders today. For me i have some other options those seem to be more effective. Doesnt matter who i am and what i do, you save your funds and manage the risk. Thats only i can advise you now

13The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 11:20 am

Teller

Teller
Moderator
Moderator
@Sangeetha, currently attractive market is NASDAQ, Apple suddenly jumped 200$ to 318$ now. Apple immeadiately target is 375$, in same way Dubai will do good as expo 2020. Bombay stocks doesnt seem much good due to citizen amendment act but Philippines and KSA does well. Compare to all CSE look negative.


_________________




Teller said is said..

14The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 11:27 am

Teller

Teller
Moderator
Moderator
@chandike,
Loan repayment is a discipline , the code is very simple. If you dont practice that responsibility , even future loans you will not repay. Statement like CRIB proves your dicispline

15The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 12:36 pm

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics
@ColomboCSE wrote:For Me personal this is really bad decision by GOV. i can't believe it's real...

For Sri lanka  "ක්‍රිබ් වාර්තාව" it best validation banks has. this is mirror of what person  or company financials movement.

if you smart(peoples or company) you can show what every income and take loan. but crib will show how about real info.(numbers don't lie)

unfortunately most of private Banks (except SAMP,PABC and NTB...) most chunk own buy Gov. thanks to our EPF and ETF money...
so Gov has more control over private...

i'm really disappointed... why they need to kill SL bank and finance sector?

This decision (CRIB on hold) can have a good aspect too. We dont know the details as yet..Some really stuck with loans could be given more time but not more loans should be given.....

But 100000 Govt Jobs for poor and again more for graduates is the worst going to happen.. Economy will collapse and no recovery for long time.. Why crazy.. For unemployed Govt can design a dole system like in Australia, where they will be given a living allowance (For a limited time), then job assistance training or voluntary work.. They DONT GIVE JOBS TO SLEEP.. Already too much.. this is simply a disaster.. And is to attract voters.. But GOVT forget they can loose 2 Million Independent voters with these crazy decisions... Already 2/3 hopes gone... 
https://economynext.com/sri-lanka-tax-payer-to-bear-unemployable-graduates-burden-from-march-41133/

16The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 1:19 pm

Kipling


Expert
Expert
Nandana 
I am concerned.
GR has to gain control of the narrative.
If not 2/3 so critical to put country on new path in jeopardy.
What is Basil thinking????

17The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 1:31 pm

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The biggest news in 2020 Screen69

18The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 2:08 pm

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics
@Kipling wrote:Nandana 
I am concerned.
GR has to gain control of the narrative.
If not 2/3 so critical to put country on new path in jeopardy.
What is Basil thinking????
Most Govts try to get votes by targeting some groups, but they forget average citizen votes according to economic conditions.. Govt cudnt provide a proper solution to vegetable price crisis was a big negative.. They loose Million Votes for small reasons while try to achieve 100000 votes by these measures and when economy is destroyed finally nobody is happy...This happened to UNF too..

19The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 3:44 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
oya banku wala eun anduwa kiyana kiyana widiyata natanne na bn. they wait for law.

20The biggest news in 2020 Empty Re: The biggest news in 2020 Tue Jan 21, 2020 6:33 pm

ASDDS


Stock Analytic
Stock Analytic
@ThilinaM wrote:oya banku wala eun anduwa kiyana kiyana widiyata natanne na bn. they wait for law.
Laughing Laughing Laughing Laughing

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