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Can there be another Covid-19 wave in Sri Lanka?

Sri Lanka Stock Market to remain flat in 2020 - Page 3 Vote_lcap68%Sri Lanka Stock Market to remain flat in 2020 - Page 3 Vote_rcap 68% [ 178 ]
Sri Lanka Stock Market to remain flat in 2020 - Page 3 Vote_lcap18%Sri Lanka Stock Market to remain flat in 2020 - Page 3 Vote_rcap 18% [ 47 ]
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka Stock Market to remain flat in 2020

Sri Lanka Stock Market to remain flat in 2020

+41
Junior investor
kasun_gimhana
npgslnawa
fireshelter
Beta1
Eugine Fernando
Sanju121
CITIZEN
naveen
MoneyLover
Hope123
Eranga87
Equityinvestor
bhanu
Winner123
Randikaayesh123
Avon
Thushara Ayya
GOSL
ColomboCSE
Ekanayake90
Arrowrisk
ASDDS
God Father
Kipling
NANDANA2012
Quibit
Chanaka303
INDY 500
KavinduTM
Randeer
Invest-Wise
Promoney
jaya
chandike73
dial
Miss-Sangeetha
NZ BOY
Bulljack
ThilinaM
Teller
45 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

Go down  Message [Page 3 of 8]

KavinduTM


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Kipling wrote:Hi Kavindu 
Will downtrend run till parliament dissolved on march3?
Hi Kipling
Maybe. But i guess it will be over before feb ends.
Some factors such as corona caused the delay to start the uptrend.

KavinduTM


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Promoney wrote:Collect.. will not get a chance to buy good stocks at these prices again
Yeah they are currently at so much worthy prices.

Ekanayake90


Manager - Equity Analytics
Manager - Equity Analytics
Hopefully election rally will start from next week $$$

Teller


Moderator
Moderator
Predicted ASPI @ 6072. NOW @ 5857, IT MUST REBOUND FROM 5772 With a strong support/Bull

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Sri Lanka Stock Market to remain flat in 2020 - Page 3 Screen87

INDY 500


Senior Equity Analytic
Senior Equity Analytic
ASPI @ 5829
As predicted by Teller, we're close to 5772/-

Teller

Teller
Moderator
Moderator
@,Thili, Hi teller what is the technique u use to predict ASPI???
Its a series of calculation, its not easy 1+1=2 , or 12x2= 24 , you should know standard deviation or calculus(anukalanaya /awakalanaya) to get a final figure. Advance analysers use that.


_________________




Teller said is said..

Teller

Teller
Moderator
Moderator
What is calculus?
https://en.m.wikipedia.org/wiki/Calculus


_________________




Teller said is said..

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:@,Thili, Hi teller what is the technique u use to predict ASPI???
Its a series of calculation, its not easy 1+1=2 , or 12x2= 24 , you should know standard deviation or calculus(anukalanaya /awakalanaya) to get a final figure.  Advance analysers use that.

Anukalanaya & Awakalanaya are 1 of my favorite parts in A/L Combined Maths Smile 

@Teller. Did you do Maths for the A Levels?

Teller

Teller
Moderator
Moderator
I did combined maths,physics and chemistry . In professional life more than 42 subjects in various fields

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
which year you did AL?

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:I did combined maths,physics and chemistry . In professional life more than 42 subjects in various fields

Heh great. I also doing same subjects but replaced chemistry with ICT. Actually i hate chemistry xD

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
@KavinduTM wrote:
Heh great. I also doing same subjects but replaced chemistry with ICT. Actually i hate chemistry xD

wow really great... you just AL student   Surprised Surprised Surprised

when we doing AL we know nothing about stock market (just introductions OL accounting)

it's good i hope can select chemistry over ICT when we doing we don't have that facility... 

And best part is we don't have money to buy cricket ball even.. we all collected money each friends...

Really impressive Kavindu..great inventors warren buffett also started around 18-19...

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Sri Lanka Stock Market to remain flat in 2020 - Page 3 Screen93

Corona Virus receding

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ColomboCSE wrote:
@KavinduTM wrote:
Heh great. I also doing same subjects but replaced chemistry with ICT. Actually i hate chemistry xD

wow really great... you just AL student   Surprised Surprised Surprised

when we doing AL we know nothing about stock market (just introductions OL accounting)

it's good i hope can select chemistry over ICT when we doing we don't have that facility... 

And best part is we don't have money to buy cricket ball even.. we all collected money each friends...

Really impressive Kavindu..great inventors warren buffett also started around 18-19...

Yeah this august  silent 5 months left xD.

Heh yeah and same with my friends. 90% my classmates and friends doesn't know what is stock market. They just know that there is a thing called "stock market". That's all hahah.

And 9% know about dammika perera and they only know that there is something called stock market and people can invest there.

Haven't found any stock market investor yet 😂

Actually not a surprise, even the situation is same with the adults. Stock market needs more promotion. Government may contribute promoting investing. Some people doesn't even know what is that. Some wants to invest but doesn't know how to do.

I don't think there are more than 15K active investors in srilanka.

Aha yeah. ICT added to AL subjects in 2011. So you must be around 30 age.

Haha i'm not rich too. Collecting pocket money and investing 😂

My father also investing in share market. That's how i entered that much easy.
Otherwise minimum requirement for online trading is 5 lak as i know. That is a huge amount for a student you know. 

Haha. Thanks dude Smile

Teller

Teller
Moderator
Moderator
@kavindu TM, you are a good guy, see whats happening there. I was reading this news away from 5392 KM,
(I was shocked)
වැලන්ටයින් ඩේ හෙවත් ආදරවන්තයින්ගේ දිනය සැමරීම සඳහා මහනුවර ප්‍රධාන පෙළේ හෝටලයක මත්ද්‍රව්‍යය භාවත කරමින් ෆෙස් බුක් සාදයක් පවත්වමින් සිටි පාසැල් සිසුන් ඇතුළු දෙසීයකට ආසන්න තරුණ තරුණියන් පිරිසක් මධ්‍යම පළාත් සුරාබදු විශේෂ මෙහෙයුම් ඒකකයේ නිලධාරීන් කණ්ඩායමක් විසින් ඊයේ (16) අලුයම අත්අඩංගුවට ගෙන තිබේ. ආදරවන්තයින්ගේ දින සාදයට සහභාගි වී සිටි පිරිස අතර පොලිස් පරීක්ෂකවරයෙකු,බන්ධනාගාර ජේලර්වරයෙකු,විශ්ව විද්‍යාල සිසුන් බැංකු සේවකයින් හා රාජ්‍ය හා පෞද්ගලික අංශයේ විධායක ශ්‍රේනියේ රැකියා වල නියුක්ත සිටින්නන්ද වූ බව වැටලීම සිදු කල මධ්‍යම පළාත් සුරාබදු විශේෂ මෙහෙයුම් ඒකකය සදහන් කරයි. මත්ද්‍රව්‍යය භාවිතා කළ තරුණියන් 25 දෙනකු පමණ සාදයට සහභාගි වී සිට ඇත.ෆේස් බුක් සාදය සංවිධානය කළ පුද්ගලයා සමඟ වැටලීම සිදු කරන අවස්ථාවේ මත්ද්‍රව්‍යය සන්තකයේ තබාගෙන සිටි පුද්ගලයින් 18 දෙනෙකු අත්අඩංගුවට ගත් බවත් සෙසු අය අවවාද කර මුදාහැරි බවත් මධ්‍යම පළාත් සුරාබදු විශේෂ මෙහෙයුම් ඒකකයේ ස්ථානාධිපති නාලක මලවිපතිරණ මහතා කීය. සැකපිට අත්අඩංගුවට ගත් වයස අවුරුදු 18 ත් 25 අතර තරුණ පිරිස සතුව තිබී හෙරෝයින්,ගංජා,අයිස්,මර්ජුවානා, සටම්ප් ,කේරල ගංජා, කුෂ් සහ විවිධ කෘතීම මත්පෙති වර්ග රැසක් තිබී සොයා ගෙන තිබේ. මුහුණු පොත ඔස්සේ මෙම සාදය පිළිබඳව ප්‍රචාරය ලබා දෙමින් ඊට පුද්ගලයින් සම්බන්ධ කරගෙන තිබෙන බවත් මහනුවර,දඹුල්ල,අනුරාධපුර,ගම්පහ,කොළඹ,ත්‍රිකුණාමළය ආදි ප්‍රදේශ රැසකින් තරුණ තරුණියන් පැමිණ සිටි බවත් මලවිපතිරණ මහතා පැවසුවේය.විදේශීය ජාතිකයින් කිහිප දෙනෙකුද එයට සහභාගි වී සිට ඇත. සුරාබදු නිලධාරියෙක් හා නිලධාරිනියක් මුහුණු පොත ඔස්සේ අදාළ කණ්ඩායම හා සම්බන්ධවී සාදයට සහභාගි වීමේ අවස්ථාව ලබා ගැනීමෙන් අනතුරුව සාදය පැවැත්වෙන අතර තුර සුරාබදු නිලධාරීන් 15 දෙනෙකු ගෙන් පමණ සමන්විත කණ්ඩායමක් වැටලීම සිදුකර සැකකරුවන් අත්අඩංගුවට ගෙන තිබේ. මෙම සාදයට එක්වීම සඳහා රුපියල් 2500.00 ක ටිකට් පතක් නිකුත් කර තිබෙන බවත් මත්ද්‍රව්‍යය රුපියල් 3500.00 ට ඉහළ මිල ගණන් වලට අළෙවි කර තිබෙන බවත් පරීක්ෂණ මගින් අනාවරණය වී ඇත. සාදයට සම්බන්ධවී සිටි පොලිස් පරීක්ෂකවරයා හා බන්ධනාගාර ජේලර්වරයා සම්බන්ධයෙන් එම දෙපාර්තුමේන්තුව වලට කරුණු වාර්තා කිරීමට සුරාබදු දෙපාර්තුමේන්තුව පියවර ගෙන තිබේ. මත්පැන් බලපත්‍ර කොන්දේසි උල්ලංඝනය කරමින් රාත්‍රී 12.00 න් පසුද මත්පැන් අළෙවි කිරීමේ චෝදනාව යටතේ අදාළ හෝටලයට විරුද්ධව සුරාබදු දෙපාර්තුමේන්තුව ක්‍රියාමාර්ග ගැනීමට නියමිතය.

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:@kavindu TM, you  are a  good guy, see whats happening there. I was reading this news away from 5392 KM,
(I was shocked)
වැලන්ටයින් ඩේ හෙවත් ආදරවන්තයින්ගේ දිනය සැමරීම සඳහා මහනුවර ප්‍රධාන පෙළේ හෝටලයක මත්ද්‍රව්‍යය භාවත කරමින් ෆෙස් බුක් සාදයක් පවත්වමින් සිටි පාසැල් සිසුන් ඇතුළු දෙසීයකට ආසන්න තරුණ තරුණියන් පිරිසක් මධ්‍යම පළාත් සුරාබදු විශේෂ මෙහෙයුම් ඒකකයේ නිලධාරීන් කණ්ඩායමක් විසින් ඊයේ (16) අලුයම අත්අඩංගුවට ගෙන තිබේ. ආදරවන්තයින්ගේ දින සාදයට සහභාගි වී සිටි පිරිස අතර පොලිස් පරීක්ෂකවරයෙකු,බන්ධනාගාර ජේලර්වරයෙකු,විශ්ව විද්‍යාල සිසුන් බැංකු සේවකයින් හා රාජ්‍ය හා පෞද්ගලික අංශයේ විධායක ශ්‍රේනියේ රැකියා වල නියුක්ත සිටින්නන්ද වූ බව වැටලීම සිදු කල මධ්‍යම පළාත් සුරාබදු විශේෂ මෙහෙයුම් ඒකකය සදහන් කරයි. මත්ද්‍රව්‍යය භාවිතා කළ තරුණියන් 25 දෙනකු පමණ සාදයට සහභාගි වී සිට ඇත.ෆේස් බුක් සාදය සංවිධානය කළ පුද්ගලයා සමඟ වැටලීම සිදු කරන අවස්ථාවේ මත්ද්‍රව්‍යය සන්තකයේ තබාගෙන සිටි පුද්ගලයින් 18 දෙනෙකු අත්අඩංගුවට ගත් බවත් සෙසු අය අවවාද කර මුදාහැරි බවත් මධ්‍යම පළාත් සුරාබදු විශේෂ මෙහෙයුම් ඒකකයේ ස්ථානාධිපති නාලක මලවිපතිරණ මහතා කීය. සැකපිට අත්අඩංගුවට ගත් වයස අවුරුදු 18 ත් 25 අතර තරුණ පිරිස සතුව තිබී හෙරෝයින්,ගංජා,අයිස්,මර්ජුවානා, සටම්ප් ,කේරල ගංජා, කුෂ් සහ විවිධ කෘතීම මත්පෙති වර්ග රැසක් තිබී සොයා ගෙන තිබේ. මුහුණු පොත ඔස්සේ මෙම සාදය පිළිබඳව ප්‍රචාරය ලබා දෙමින් ඊට පුද්ගලයින් සම්බන්ධ කරගෙන තිබෙන බවත් මහනුවර,දඹුල්ල,අනුරාධපුර,ගම්පහ,කොළඹ,ත්‍රිකුණාමළය ආදි ප්‍රදේශ රැසකින් තරුණ තරුණියන් පැමිණ සිටි බවත් මලවිපතිරණ මහතා පැවසුවේය.විදේශීය ජාතිකයින් කිහිප දෙනෙකුද එයට සහභාගි වී සිට ඇත. සුරාබදු නිලධාරියෙක් හා නිලධාරිනියක් මුහුණු පොත ඔස්සේ අදාළ කණ්ඩායම හා සම්බන්ධවී සාදයට සහභාගි වීමේ අවස්ථාව ලබා ගැනීමෙන් අනතුරුව සාදය පැවැත්වෙන අතර තුර සුරාබදු නිලධාරීන් 15 දෙනෙකු ගෙන් පමණ සමන්විත කණ්ඩායමක් වැටලීම සිදුකර සැකකරුවන් අත්අඩංගුවට ගෙන තිබේ. මෙම සාදයට එක්වීම සඳහා රුපියල් 2500.00 ක ටිකට් පතක් නිකුත් කර තිබෙන බවත් මත්ද්‍රව්‍යය රුපියල් 3500.00 ට ඉහළ මිල ගණන් වලට අළෙවි කර තිබෙන බවත් පරීක්ෂණ මගින් අනාවරණය වී ඇත. සාදයට සම්බන්ධවී සිටි පොලිස් පරීක්ෂකවරයා හා බන්ධනාගාර ජේලර්වරයා සම්බන්ධයෙන් එම දෙපාර්තුමේන්තුව වලට කරුණු වාර්තා කිරීමට සුරාබදු දෙපාර්තුමේන්තුව පියවර ගෙන තිබේ. මත්පැන් බලපත්‍ර කොන්දේසි උල්ලංඝනය කරමින් රාත්‍රී 12.00 න් පසුද මත්පැන් අළෙවි කිරීමේ චෝදනාව යටතේ අදාළ හෝටලයට විරුද්ධව සුරාබදු දෙපාර්තුමේන්තුව ක්‍රියාමාර්ග ගැනීමට නියමිතය.

Yeah such a sad situation for young society.However no one with a brain won't get caught by this drug menace. 

How these shits are coming to SL? Importing illegally right? Why don't they get caught in customs?

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
Sri Lanka Stock Market to remain flat in 2020 - Page 3 C175ee10

👏👏👏

Teller

Teller
Moderator
Moderator
ASPI SHOULD REBOUND FROM 5772----:::::::::::>>>>>>>>


_________________




Teller said is said..

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:ASPI SHOULD REBOUND FROM 5772----:::::::::::>>>>>>>>
Yeh. It will start an uptrend more stronger Smile

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
Technically + Election fever I love you✨

Kipling


Expert
Expert
Dear Kavindu 
Reference your last post.
Do you have mini or major bull in mind or both.if so any revised targets?
See Ashok Pathirage comments on SHL 9M IR.
Economy expected to be galvanized post GE by new political equation & resulting bold & decisive leadership.
Await your feedback.
Thanks.

GOSL

GOSL
Equity Analytic
Equity Analytic
New questions over investment policy disclosure of Sri Lanka’s EPF
Monday February 17, 2020 06:46:31

ECONOMYNEXT- Sri Lanka’s central bank will not publish a newly devised investment policy on Employees Provident Fund of private sector workers’ it manages, an official said, raising questions on the level of public disclosure required over its policies and operations.

In an apparent reversal of past practices an investment policy statement of Sri Lanka’s Employees’ Provident Fund, a pension fund of private sector workers, managed by the state, will not be published, but only some guidelines.

“The investment policy is an internal document, so we are not publishing it in total but certain guidelines we have already made available,” Deputy Governor H A Karunaratne told reporters in Colombo at the last media conference of the agency.

It is not clear what ‘certain guidelines’ are. The, EPF’s websites’ Fund Management’ page says that monies will be invested in securities and corporate instruments.

The webpage was last updated in April 2019, and now says the fund will be innovatively managed.

Before the update, the site said funds will be invested in ‘fundamentally sound listed and unlisted equities and high credit worthy corporate debt instruments’ as well as reverse repurchase agreements.

A new Investment Policy had been under formulation since 2018.

In May 2019, then-Governor Indrajit Coomaraswamy told reporters that the new Investment Policy Statement was still being finalized, with some elements still being added to it.

In January 2020, Karunaratne said the Investment Policy has now been approved by the monetary board.

In the past however an Investment Policy Statement has been made available to the public, though not as detailed as policies made public by public pension funds elsewhere.

Top pension funds in the world which are among the largest institutional investor in financial markets, disclose not only the broad investment policies but detailed investment approaches for different asset classes and also benchmarks.

Some, such as the US Social Security and Singapore’s Central Provident Fund invest only in government bonds.

Among mixed investment funds, the California Public Employees’ Retirement System (CALPERS), one of the world’s top ten with 402 billion US dollars in assets, publishes its investment policies as well as detailed strategies on portfolio management .

Australia’s Super, which is another top 10 fund in the world, not only provides investment strategies, but also allows Super members to personally make decisions on their investments.

Japan’s Government Pension Investment Fund publishes an Investment Policy Statement similar to the one published in the past by the Central Bank of Sri Lanka.

Investments of the EPF have come under scrutiny after forensic audit reports showed questionable investment strategies and weak control.

Some investments had been made violating the Investment Policy Statement and Investment Committee approval, the audits said.

The EPF had been managed without complete paperwork, the audits had also revealed.

In 2018, the EPF had returned 9.54 percent, at a time when most local funds faced falling returns.

However, some did better than the EPF like the CAL Income Fund which returned 12.14 percent, First Capital Money Market Fund with a 13.34 percent return and JB Vantage Money Market Fund’s 12.05 percent return.

Download: Text of an earlier policy statement published by the EPF. (Colombo/Feb10/2020)

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Kipling wrote:Dear Kavindu 
Reference your last post.
Do you have mini or major bull in mind or both.if so any revised targets?
See Ashok Pathirage comments on SHL 9M IR.
Economy expected to be galvanized post GE by new political equation & resulting bold & decisive leadership.
Await your feedback.
Thanks.
Hey Kipling.
Both. Na i still think index may adjust to 6400-6500 levels before GE.
Yeah post GE we can expect much. Minimum is 7000 - 7500.Even when there is a chance to touch all time high in 2020. But i expect that to happen in 2021.
Yeah.
My pleasure Smile

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
ASI to move between narrow range 5600 - 6400 during 2020

Sri Lanka Stock Market to remain flat in 2020 - Page 3 Screen66

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Quibit wrote:ASI to move between narrow range 5600 - 6400 during 2020

Sri Lanka Stock Market to remain flat in 2020 - Page 3 Screen66

No i don't think it can be predicted in that way. Study charts between 2010 - 2015 period. And 2015 - 2020 period. Everything is changing with the governments. So above mentioned "downtrend" will be broken in May.

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
And CSE won't remain flat in 2020.

Kipling


Expert
Expert
With the recovery in economic activity and company earnings, First Capital expects an upward trend in the market supported by stronger market multiples. The heavy tax cuts and the policy rate cut is likely to be an added boost for company earnings.
Considering the mid-term positive impact, we upgrade our equity exposure to 100% while maintaining our ASPI expectations for Jun 2020 at 6,500, assuming Market PER to be in the range of 8.5x – 9.5x. However, we upgrade our ASPI target of Dec 2020 to 7,500 from the previous 7,000 amidst the added boost to the economy, according to First Capital Equity Strategy - Jan 2020.
With the strong market valuation but weak external environment with high interest rates, political uncertainty and uncertainty in the global markets, Sri Lanka equity market started the year off on a weak note as First Capital Research recommended only an equity exposure of 60% while recommending maintain cash at 40%. However, as valuations further improved, and market interest rates saw a sharp fall, we gradually upgraded our equity exposure targets.
Market reversed its heavy downtrend in May 2019 and registered strong uptrend which lasted up to the end of the year erasing all loses during the year to register a marginal +1% gain for 2019.
Following the Presidential Election and appointment of the new Cabinet, the political uncertainty which prevailed for an extended duration eased, providing stability and policy certainty for investors. It has also given a major boost to business confidence as the LMD-Nielsen business confidence index jumps to a 51-month high of 186 for Dec 2019.

On November 27, 2019, Government announced hefty tax reliefs, reducing VAT to 8% (from 15%), removing of NBT and revising PAYE tax with the expectation of increasing the consumer spending while boosting the economic growth of the country.
As an extension to the stimulus package, Govt. took measures to remove DRL on banks and NBFIs and revise downwards the corporate tax rates across all sectors. Further, supporting Govt.’s efforts to revive growth, CBSL on January 30 took to cut policy rates by 50bps despite credit growth accelerating in November and Dec ember 2019.
FIrst Capital Research 
Kavindu- Hope this supports your statement 

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Yeah @Kipling Absolutely.

Teller

Teller
Moderator
Moderator
Look how tries to rebound . As i said...


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Teller said is said..

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