FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Today at 12:53 pm

» Govt gets its priorities wrong
by samaritan Today at 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Today at 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Today at 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Today at 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Today at 8:06 am

» Expolanka to continue its winning streak
by samaritan Today at 7:22 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Today at 7:04 am

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by Gowri123 Wed Jun 29, 2022 4:38 pm

» When will supply chain disruptions ease?
by Gowri123 Wed Jun 29, 2022 4:08 pm

» We’re seeing a shift toward international and value stocks, says Schwab’s Kleintop
by target1 Wed Jun 29, 2022 2:40 am

» Wall Street stumbles as consumer pessimism stokes growth fears
by target1 Wed Jun 29, 2022 2:34 am

» Free Market Capitalism vs. Crony Capitalism
by target1 Wed Jun 29, 2022 2:30 am

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Tue Jun 28, 2022 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Tue Jun 28, 2022 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Tue Jun 28, 2022 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Tue Jun 28, 2022 9:24 am

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Tue Jun 28, 2022 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Tue Jun 28, 2022 8:07 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Mon Jun 27, 2022 9:14 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka’s Commercial Bank rejects rating revision by Fitch

Sri Lanka’s Commercial Bank rejects rating revision by Fitch

4 posters

Go to page : Previous  1, 2

Go down  Message [Page 2 of 2]

Kipling


Expert
Expert

Teller is not known. Page is with a proven track record. Better to trust her view on foreign interest than those with dubious & anti SL motivation.

KavinduTM


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Teller wrote:At Walletinvestor.com we predict future values with technical analysis for wide selection of Forex currency pairs like USD/LKR. If you are looking for Forex pairs with good return, USDLKR can be a profitable investment option. USD/LKR rate equal to 181.611 at 2020-01-25 (today's range: 181.611000 - 181.611000). Based on our forecasts, a long-term increase is expected, the Forex rate prognosis for 2025-01-17 is 251.261. With a 5-year investment, the revenue is expected to be around +38.35%. Your current $100 investment may be up to $138.35 in 2025.

Wth 250 is impossible. Their predictions are not wrong at all with the last 5 years acceleration. But governments changed. We can't expect such a bad economy from GR gov.Same happened in last 5 years (more than 30% gain if someone invested in dollars) . But UNP is no more. People may keep that on mind.

KavinduTM


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Teller wrote:At Walletinvestor.com we predict future values with technical analysis for wide selection of Forex currency pairs like USD/LKR. If you are looking for Forex pairs with good return, USDLKR can be a profitable investment option. USD/LKR rate equal to 181.611 at 2020-01-25 (today's range: 181.611000 - 181.611000). Based on our forecasts, a long-term increase is expected, the Forex rate prognosis for 2025-01-17 is 251.261. With a 5-year investment, the revenue is expected to be around +38.35%. Your current $100 investment may be up to $138.35 in 2025.
 
However those technical bots doesn't give a damn about rupee depreciation. They are just using charts. According to last 5 years , their predictions are not wrong. But now it will be totally different. People will lose who is investing in USD/LKR

Teller


Moderator
Moderator


No, kavindu , their predictions are correct . Mostly 90%

KavinduTM


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Teller wrote:
No, kavindu , their predictions are correct . Mostly 90%
 Ah is it? , Fine then this time it is one of that 10%  Very Happy

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics

Teller wrote:As rupee has been predicted to touch 195.50 against USD, foreign interest to CSE is critical .
Yes if Rupee get depreciated, God bless CSE... But i think Govt will try to do something or another to avoid it.. Tourism may help.. also some chinese loans..In anycase not sound practice to keep rates artificially high, then somewhere else bursts..

Main issue going to be High Govt spending. With loss making GOvt enterprises and BIG govt staff, Sri Lanka never going to take off properly and develop even if Hercules there...

Teller

Teller
Moderator
Moderator

My calculations never gone wrong. Intelligent investors should exit if they are in profit,also away from buying . You can buy back later. I dont want to repeat same thing.good luck

Kipling


Expert
Expert

We listen to people with a track record like Ms Page.
Isis & Diaspora agenda will fail.

Teller

Teller
Moderator
Moderator

No need to listen me, wait and see the result.

Kipling


Expert
Expert

Teller= Maharaja Very Happy

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics

Teller wrote:My calculations never gone wrong. Intelligent investors should exit if they are in profit,also away from buying . You can buy back later. I dont want to repeat same thing.good luck
Teller, can u just clarify why market will go down and how much ?

Teller

Teller
Moderator
Moderator

Explanations are useless with brainless people . Remember i predicted fitch and other 2 downgrades prior to any one. I predicted 2 months before. Thats called Analysis. Market will be flat and exist around 5700 based on scatters

Kipling


Expert
Expert

The Opinion Of a Brainless Person whose net worth & record Teller will match in 1000 births Very Happy


She opined that the Colombo stock market had been oversold and valuations are attractive going forward. 
“I believe foreign investor interest will gather momentum post General Elections. Post Presidential Poll, signs have been encouraging,” Page added.

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics

Teller wrote:Explanations are useless with brainless people . Remember i predicted fitch and other 2 downgrades prior to any one. I predicted 2 months before. Thats called Analysis. Market will be flat and exist around 5700 based on scatters
Credit downgrades are usual when credit risk increases. When tax were cut, they expect Govt income to go down and according to economic books they have to the credit downgrade.. It was expected anyway...But these credit agencies are not Gods.they are not perfect... They cant see all aspects of an economy... Govt can increase revenue from other means, specially if business activity goes up..Can cut down expenditure.. Then ultimately effect could be nil or plus,,,

Teller

Teller
Moderator
Moderator

@Nandana, these agencies opinion has international recognizing . So most of the international investors will follow them. They are operating whole over the world.

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

NANDANA2012 wrote:
Teller wrote:Explanations are useless with brainless people . Remember i predicted fitch and other 2 downgrades prior to any one. I predicted 2 months before. Thats called Analysis. Market will be flat and exist around 5700 based on scatters
Credit downgrades are usual when credit risk increases. When tax were cut, they expect Govt income to go down and according to economic books they have to the credit downgrade.. It was expected anyway...But these credit agencies are not Gods.they are not perfect... They cant see all aspects of an economy... Govt can increase revenue from other means, specially if business activity goes up..Can cut down expenditure.. Then ultimately effect could be nil or plus,,,

Yeah totally agree @Nandana +

Back to top  Message [Page 2 of 2]

Go to page : Previous  1, 2

Permissions in this forum:
You cannot reply to topics in this forum