Sri Lanka Stock Market to remain flat in 2020

Teller · 1 ASPI should come down by 368 points Mon Jan 06, 2020 2:15 pm

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Based on my latest calcs with expected earnings and negative influence to bank, and foreign sells, ASPI should touch 5722 points. Currently 6072.

ThilinaM · 2 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 2:39 pm

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most of your predictions went correct .tell me what is your secret of predicting short term market????

how do you calculate overall aspi ?? by forign sels or what??

Bulljack · 3 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 2:41 pm

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Teller is a day dreamer.

Bulljack · 4 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 3:48 pm

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Due to US attack on Iranian General, stock markets in Europe are down. So ASPI followed. I do not think Iran has ability to attack the Super power. Tension will die down soon.

ThilinaM · 5 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 4:28 pm

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@bulljack - how that is affecting srilanka. it is not logical??

NZ BOY · 6 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 8:33 am

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Day Dream

Teller · 7 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 8:51 am

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Aspi will reach 5722, rupee is very near to life time low, based on that foreigners will loose, im same way loosing amount approx 16.5 billion Mkt capitalization . At least 300 points to be down.

ThilinaM · 8 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 9:07 am

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may be more

Teller · 9 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:33 am

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Dont think only war bring the sri lankan market down, my sell signal initiated at the time of tax reversal only. Due to those reversals , government lost billions of income and they failed to justify alternative sources. Thats why fitch and other downgrades happened. In the same way negatve loan schemes , hit the banks. Its look rupee got the depreciation hit and foreigners will loose their capital invested. I further expect accelerated foreign sell but the worse scenario , no buyer will absorb the sell. So we can see a free fall

Miss-Sangeetha · 10 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:45 am

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@Teller wrote:Dont think only war bring the sri lankan market down, my sell signal initiated at the time of tax reversal only. Due to those reversals , government lost billions of income and they failed to justify alternative sources. Thats why fitch and other downgrades happened. In the same way negatve loan schemes , hit the banks. Its look rupee got the depreciation hit and foreigners will loose their capital invested. I further expect accelerated foreign sell but the worse scenario , no buyer will absorb the sell. So we can see a free fall

Teller don't create panic to facilitate your boss to buy shares at very low price from panic retailers in the eve of Iran attack.

Last edited by Miss-Sangeetha on Wed Jan 08, 2020 12:47 pm; edited 1 time in total

Teller · 11 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:47 am

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Who cares Iran?

ThilinaM · 12 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:47 am

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HI Teller - Can you explain this Avarage return in dow jones is like 5.45% and average return in ASPI is like 12.5% SL inflation rate is like 6% and us inflation is 2% and ruppe to doller dipreciation only 1%

5.45%-2% = 3.45%
12.5%-6% = 6.5% -1%

there is 2% return buffer . so why forign sell like panic ????
If my calculations are wrong please give the numbers???
Or they are shifting SL to other emerging markets (not back to USA) ??

Teller · 13 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:56 am

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@Thili, study the rupee depreciation, you will get an answer.
Example ,
mr.Jhon is a foreign investor, he invested 1 million USD
USD
At the time of investment (1 USD = 110)
Suppose if he encash his investment with 50% share price appreciation , due to currency depreciation still he loss around 15%. Same way dividend too. Foreigners have to convert USD to LKR , again LKR to USD. In such scenario we have to implement share trades in USD

ThilinaM · 14 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 11:14 am

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ok usd 110lkr in 2009 .01.01
now 181 lkr at 2020.01.01

11 years went
Appreciation rate is 110X 1.047^11 = 180
So doller dip against rupee is 4.7%

4.7% is no big issue???? i got actual figures and argued. i cant accept your argument bro Very Happy

comment on my calculation. if person make 12.5% in SL and 5.5% in usa 12.5-4.7% = 7.8 average return there is 3% 4% buffer????

ThilinaM · 15 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 11:19 am

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It would be a real issue if figure is above 7.5% means inflation is above 10% but inflation above 10% times market average return will also be go up may be

Teller · 16 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 11:26 am

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Thats only one scenario, i have 8+ scenarios , how CSE will not success and 85% companies are over value here

ThilinaM · 17 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 12:07 pm

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85% companys are bad 100% accepted. please enlighten us on other 8... please

ThilinaM · 18 Please enlight us other 8 Wed Jan 08, 2020 12:08 pm

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@Teller wrote:Thats only one scenario, i have 8+ scenarios , how CSE will not success and 85% companies are over value here

ThilinaM · 19 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 3:34 pm

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Hi teller can you tell me how did you arrived this 368 points??? if some one tell something here they should be explain the logic behind it. ???

dial · 20 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 4:08 pm

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@ThilinaM wrote:Hi teller can you tell me how did you arrived this 368 points??? if some one tell something here they should be explain the logic behind it. ???

He doesn't know, he just wanted to comes the index to buy back at lower level and he influence other to sell their valuable share.
He knows most of the shares on the market brought for credit and when the situation happened like this (middle east tension) people are panic and sell their shares and eventually selling pressure build up. you all can see that no much turn over even price goes down that means all retailers are selling.
Dont sell valuable shares, bcz this kind of jeckle all over the globe.

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Sri Lanka Stock Market to remain flat in 2020

1 ASPI should come down by 368 points Mon Jan 06, 2020 2:15 pm

Teller

2 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 2:39 pm

ThilinaM

3 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 2:41 pm

Bulljack

4 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 3:48 pm

Bulljack

5 Re: Sri Lanka Stock Market to remain flat in 2020 Mon Jan 06, 2020 4:28 pm

ThilinaM

6 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 8:33 am

NZ BOY

7 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 8:51 am

Teller

8 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 9:07 am

ThilinaM

9 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:33 am

Teller

10 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:45 am

Miss-Sangeetha

11 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:47 am

Teller

12 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:47 am

ThilinaM

13 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 10:56 am

Teller

14 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 11:14 am

ThilinaM

15 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 11:19 am

ThilinaM

16 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 11:26 am

Teller

17 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 12:07 pm

ThilinaM

18 Please enlight us other 8 Wed Jan 08, 2020 12:08 pm

ThilinaM

19 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 3:34 pm

ThilinaM

20 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Jan 08, 2020 4:08 pm

dial

21 Re: Sri Lanka Stock Market to remain flat in 2020

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