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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » I am worried ! Please share your views.

I am worried ! Please share your views.

Go to page : 1, 2, 3, 4  Next

Go down  Message [Page 1 of 4]

1I am worried ! Please share your views. Empty I am worried ! Please share your views. Tue Apr 14, 2020 8:46 am

EGG


Senior Equity Analytic
Senior Equity Analytic
Dear All,

Can you kindly let me know if the market will drop further when it starts trading. If so, what will be the approx ASI index we are looking at. I have a portfolio of 3.6M and 80% outstanding. My outstanding keeps increasing when the portfolio drops. So I am worried if I should sell and exit when it starts trading. If not, my portfolio value will not be sufficient to cover the outstanding amount. Also, I have no way to pump in cash to settle the outstanding either.

Please let me know your views pls.

Thanks

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Equity Analytic,

I completely understand your position as I was once in such a position a long time ago. I'm sure many other members can relate.

To keep things simple, liquidate everything. SELL. Try to sell at the best prices you can and exit from the market for now. 
I can give you detailed reasons why including analysis in terms of technicality and macro level. But to make this easier, 

I'm sorry to hear about your outstanding amount. That's a lot of leverage you have used during these times. 

May the force be with you.

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@EGG wrote:Dear All,

Can you kindly let me know if the market will drop further when it starts trading. If so, what will be the approx ASI index we are looking at. I have a portfolio of 3.6M and 80% outstanding. My outstanding keeps increasing when the portfolio drops. So I am worried if I should sell and exit when it starts trading. If not, my portfolio value will not be sufficient to cover the outstanding amount. Also, I have no way to pump in cash to settle the outstanding either.

Please let me know your views pls.

Thanks

Most likely market will fall another 10%-20%. If you sell now, you will have to settle outstanding from all your sales proceeds and you will be left with nothing. SEC has offered a moratorium on margin payments and therefore it is wise to hold on to your shares without selling. Whether you sell now or in another 3 months your position will not change. At least by holding on to the shares you have a chance of recovery if in the event market recovers within 3 months. This is provided that your outstanding are secured only by shares and not personal assets.

This is my personal option and don't take it as an investment advise.

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
@EGG,
what do you mean by 80% outstanding?

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics
What will happen IF you do not settle the margins? how can they recover collateral?. anyway 10 % drop confirmed. you are already delayed. but still, sellers are winners.

Teller

Teller
Moderator
Moderator
Dont worry, i have a secret to win


_________________




Teller said is said..

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I'm assuming he has been leveraging or margin or credit on certain stocks that they have provided higher leverage. Whatever the SEC says, trust me the brokers are going to demand your money and will tell you to make settlements. They are going to bleed in the next few months and as all businesses, they will need money to run their shop. It's the same with leasing and banks. They have been instructed to provide a moratorium, but the institutions have instructed to pay up the interest payments for now at least without a complete grace period. 


Look at the environment as see whether things are going to pick up in the next three months? China faced this problem for 6 months and now they started opening. If our cases are managed, then we have some hope of reopening business at least by next month.


You will have to make the decision end of the day. 
I am worried ! Please share your views. Foreca10

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@EGG wrote:Dear All,

Can you kindly let me know if the market will drop further when it starts trading. If so, what will be the approx ASI index we are looking at. I have a portfolio of 3.6M and 80% outstanding. My outstanding keeps increasing when the portfolio drops. So I am worried if I should sell and exit when it starts trading. If not, my portfolio value will not be sufficient to cover the outstanding amount. Also, I have no way to pump in cash to settle the outstanding either.

Please let me know your views pls.

Thanks
I can understand the situation and I have faced similar situations in my early days. I ll give my opinion on this but the final decision should be taken by you. Thre is a very high probability to further drop the market in its opening and short to medium term. so your investment can further drop and your outstanding will increase further. so it is less risky to sell all your investment sooner for the highest price and pay the outstanding about to stockbroker and keep left with you which you can use to repurchase once the market touches its bottom. This is the least risky decision since you are in a marginal trade position.

EGG


Senior Equity Analytic
Senior Equity Analytic
Hi Teller,
Can you let me know the secret to get over this position. Tried sending you a private message but it say I am not allowed. Please guide me thru. Thanks

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:Dont worry, i have a secret to win

@Teller Win ???  with 80% outstanding...  Surprised Surprised Surprised

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics
@ColomboCSE wrote:
@Teller wrote:Dont worry, i have a secret to win

@Teller Win ???  with 80% outstanding...  Surprised Surprised Surprised
. LOL Teller has so many secrets. Tellers secrets are like " Weda pappage arishte wage" Very Happy

12I am worried ! Please share your views. Empty Re: I am worried ! Please share your views. Tue Apr 14, 2020 10:27 pm

fastandeasygrowth


Senior Equity Analytic
Senior Equity Analytic
outstanding  mean 80% of portfolio is loaned . it canot be ne. max they give is 80% of portfolio.
so even with market dip it should be 50%. how it become 80%???

13I am worried ! Please share your views. Empty Re: I am worried ! Please share your views. Tue Apr 14, 2020 10:37 pm

fastandeasygrowth


Senior Equity Analytic
Senior Equity Analytic
ok i can give strategy to 80% outstanding guy. 

1. brokers will not call margin due to gvt influence so wait 
2. get a personal loan and settle 20+ lac if possible (some bank arrenge in 4 day loans etx NDB dream loan)
3. if u have divident paying stocks selling now is stupid
4. again when u recover this never do stupid things like this (over leverage)
5. take divident into calculation. it may be some relif. now divident close but companys may cut in half (but ther is small relif)
6. sell the minimum amt if ther is margin call only to satify broker.

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
if EGG is taking about he borrowed 80% of 3.6 million, that's mean a 2.8 million loan, then I don't think he should be in the stock market at all.

Teller

Teller
Moderator
Moderator
@EGG,
History will be repeating , believe that.


_________________




Teller said is said..

samaritan


Moderator
Moderator
Teller has clearly stated that he has the secret to win. So, one cannot expect him to share the secret b'cos if he does it will not be a secret anymore. He is the 'Nostradamus' in stock market and investors should have the skills to interpret his comments. Like our weather forecasters, when they say it will rain you can expect sunshine for sure.I am worried ! Please share your views. Icon_biggrin


_________________




The biggest risk in life is not taking any risk at all.

17I am worried ! Please share your views. Empty Re: I am worried ! Please share your views. Wed Apr 15, 2020 10:43 am

Sajeewa Niranjan


Senior Equity Analytic
Senior Equity Analytic
@teller ur giving hint about HEXP isn’t it 🤔

18I am worried ! Please share your views. Empty Re: I am worried ! Please share your views. Wed Apr 15, 2020 10:56 am

Teller

Teller
Moderator
Moderator
Noooooo


_________________




Teller said is said..

Equityinvestor


Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:Noooooo

Can you at least give us few basic guidelines on how to manage this situation? I am also thinking the mkt will fall further once it opens..these people should have opened it for trading like other countries.

I think sell now and buy lower will be the best?

Teller

Teller
Moderator
Moderator
I started to buy one company in CSE, also 3 companies in USa, 2 companies in Tadawul, also Hindustani uniliver in BSE


_________________




Teller said is said..

Sponsored content


Back to top  Message [Page 1 of 4]

Go to page : 1, 2, 3, 4  Next

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