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CSE geared into BULL mode

+17
MarketResearch
Promoney
100Bill
kalu351
Quibit
THUWA
Thushara Ayya
Rational Investor
ErangaDS
engineer
Roshan Fernando
GOSL
mahasona2
Kipling
Yahapalanaya
soileconomy
samaritan
21 posters

Go to page : 1, 2  Next

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1CSE geared into BULL mode Empty CSE geared into BULL mode Mon Jun 22, 2020 4:28 pm

samaritan


Moderator
Moderator

The whole country is nearing the much anticipated General Election in early August. The outcome is very well known and its reflected in the CSE indices.
The elephant will end up at the zoo or a temple, the antique telephone will end up at the museum, while the flower bud will dominate its presence at the Diyawanna house.
Can foresee a strong bull market under a stable Govt with a vibrant economic policy.

Kipling likes this post

2CSE geared into BULL mode Empty Re: CSE geared into BULL mode Tue Jun 23, 2020 5:36 am

soileconomy

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

Stable political environment brings much investments locally and internationally

3CSE geared into BULL mode Empty Re: CSE geared into BULL mode Tue Jun 23, 2020 6:17 am

Yahapalanaya

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

soileconomy wrote:Stable political environment brings much investments locally and internationally
Yes When SJB win stable political environment prevail and all corrupted pohotuwa would be out.  Rolling Eyes Rolling Eyes Rolling Eyes

sameera_cds dislikes this post

4CSE geared into BULL mode Empty Re: CSE geared into BULL mode Tue Jun 23, 2020 9:35 am

samaritan


Moderator
Moderator

Yahapalanaya wrote:
soileconomy wrote:Stable political environment brings much investments locally and internationally
Yes When SJB win stable political environment prevail and all corrupted pohotuwa would be out.  :roll: :roll: :roll:
Harjan Alexander will be made CB governor by the telephone kalliya after a plastic surgery to the face and bariatric surgery to slim down!

5CSE geared into BULL mode Empty Re: CSE geared into BULL mode Tue Jun 23, 2020 9:04 pm

soileconomy

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

Yahapalanaya wrote:
soileconomy wrote:Stable political environment brings much investments locally and internationally
Yes When SJB win stable political environment prevail and all corrupted pohotuwa would be out.  Rolling Eyes Rolling Eyes Rolling Eyes
SJB or UNP ?

6CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 9:28 am

samaritan


Moderator
Moderator

Lots of good news. People are silently & impatiently waiting to board the bus. Ha..Ha....Haaaaa!!!

Kipling likes this post

7CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 10:02 am

Kipling


Expert
Expert

Samaritan 
A few questions on which your prompt feedback is greatly valued. 
1) By August 5 where do you see JKH
2) I hear that GR will introduce a Singapore style casino bill & 2-3 international operators will be permitted to work with local partners. Jkh + Genting sure to be one. Any information?
3) if casino given where will JKh be?
Thank you.

8CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 10:34 am

mahasona2

mahasona2
Manager - Equity Analytics
Manager - Equity Analytics

Kipling wrote:Samaritan 
A few questions on which your prompt feedback is greatly valued. 
1) By August 5 where do you see JKH
2) I hear that GR will introduce a Singapore style casino bill & 2-3 international operators will be permitted to work with local partners. Jkh + Genting sure to be one. Any information?
3) if casino given where will JKh be?
Thank you.
if all this comes true and i am for it it will happen JKH WILL BE 225 +

9CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 10:36 am

Kipling


Expert
Expert

M2
Do you have any information that this will happen?
Even without this information where do you see jkh by August 5?

10CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 11:00 am

samaritan


Moderator
Moderator

samaritan wrote:Lots of good news. People are silently & impatiently waiting to board the bus. Ha..Ha....Haaaaa!!!
160+ is my forecast.

11CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 11:01 am

samaritan


Moderator
Moderator

Kipling wrote:Samaritan 
A few questions on which your prompt feedback is greatly valued. 
1) By August 5 where do you see JKH
2) I hear that GR will introduce a Singapore style casino bill & 2-3 international operators will be permitted to work with local partners. Jkh + Genting sure to be one. Any information?
3) if casino given where will JKh be?
Thank you.
160+ is my forecast

12CSE geared into BULL mode Empty Re: CSE geared into BULL mode Wed Jun 24, 2020 11:12 am

samaritan


Moderator
Moderator

By end August AEL will reach dizzy heights RHL too could make investors raise eyebrows!

13CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jun 29, 2020 3:05 pm

GOSL


Senior Equity Analytic
Senior Equity Analytic

[size=33]SEC continues engaging with capital market stakeholders[/size]

CSE geared into BULL mode Sec-1

Meeting with the Stock Broker Firms on Digitalization of the Colombo Stock Market









CSE geared into BULL mode Meeting-with-CCCCSE geared into BULL mode Meeting-with-Lawyers-2

14CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jun 29, 2020 3:07 pm

GOSL


Senior Equity Analytic
Senior Equity Analytic

The Chairman also informed them that the Commission was at present going through the draft SEC Act and the Demutualization Act and that its recommendations would be submitted to the Ministry of Finance before the end of next month and assured them that steps would be taken to ensure their speedy enactment.

As part of its continuing efforts to reach out to market participants Viraj Dayaratne PC, Chairman of the Securities and Exchange Commission of Sri Lanka (SEC) along with other Commission Members met with representatives of the Ceylon Chamber of Commerce, Law Firms and Stockbroker Firms. These interactions were held as part of a series of meetings that the Chairman commenced with various stakeholders after assuming office in January 2020.
During the meetings, the Chairman briefed the delegates on the reasons that prevented the  stock market from being opened during the recent curfew which was imposed by the Government in order to minimize the risk of the COVID-19 (coronavirus) spreading. He went on to state that in order to ensure that there were no operational difficulties in similar situations in the future, he had appointed a joint committee comprising members of the SEC and Colombo Stock Exchange (CSE) to digitize all core activities of the market and that the process of such digitization was progressing smoothly and that they were hopeful that within a period of three months it would be possible to have such a system in place.  The SEC recently approved the amendment of the necessary Rules to offer investors a fully digital onboarding experience. This transformation is expected to enable stockbrokers to strengthen service delivery, improve efficiency and have greater agility. 
The delegation from the Chamber pointed out the need to encourage more companies to list as well as to have in place an apex committee comprising capital market stakeholders including the SEC, CSE, Central Bank of Sri Lanka, Ministry of Finance and other key policy makers including industry bodies to decide on matters related to capital market policy. 
The Chairman welcomed the suggestions and stated that the SEC fully appreciates the need to attract more companies to list, especially Small and Medium Scale Enterprises (SMEs) and explained to the delegation that already the SEC has taken certain steps in that direction and pointed out that it had approved the amendments in respect of listing requirements applicable to the Main Board as well as the Dirisavi Board and that they will come in to force in the near future. These new Rules have introduced revenue, market capitalization and positive operating cashflows as alternative criteria in the determination of eligibility for listing. This will now enable a diverse range of companies such as SMEs, Information Technology companies as well as companies with different business models such as those which provide delivery of food and other essentials and services to have their businesses listed.
The delegates from the Law Firms contended that certain regulatory measures presently in force are seen as an impediment to new listings and also stated that the SEC at times had been somewhat rigid in the application of Rules and Regulations. The Chairman explained to them the need to have a robust regulatory system in order to ensure the integrity of the market but said that the SEC will certainly adopt a very pragmatic and practical approach in the process of regulation and called upon the delegates to point out any particular Rules or Regulations which they consider to be too rigid so that they could be looked at by the SEC. The Chairman also informed them that the Commission was at present going through the draft SEC Act and the Demutualization Act and that its recommendations would be submitted to the Ministry of Finance before the end of next month and assured them that steps would be taken to ensure their speedy enactment. The Law Firms were requested to submit any recommendations they had with regard to the draft laws as well as on any other regulatory matter.
In the discussions with the stockbroker firms, the Chairman explained the work that was in progress with regard to the digitization of the stock market and called upon the broker firms  to support and actively participate in the ongoing initiatives of the SEC-CSE joint committee. He also referred to the other joint committee that had been established to broad base the market and create awareness amongst the general public and called upon the stockbroker firms to partner with the SEC and CSE in these initiatives and to play a more aggressive role. The delegates appreciated the clarifications given by the SEC to queries raised during these meetings and they were encouraged to submit further suggestions to the SEC with regard to the development of the market. They were also informed that the SEC would continue to engage with the stakeholders on a regular basis in order to discuss matters of mutual interest.

15CSE geared into BULL mode Empty Re: CSE geared into BULL mode Tue Jun 30, 2020 9:35 am

samaritan


Moderator
Moderator

Some of the reasons that makes CSE attractive.,

1. lower interest rates

2. real estate prices that went through the sky is on a decline

3. successfully defeating the covid19 pandemic, which is kept under control

4. stock market friendly and development oriented govt to take office after election

5. A progressive economic policy to be adopted by the new govt 

The market is bound to witness a bull run that will gain momentum soon after polls.

Breaking News:
Mark Mobius upbeat on investment, growth prospects for post-COVID SL!
http://www.ft.lk/front-page/Mark-Mobius-upbeat-on-investment-growth-prospects-for-post-COVID-SL/44-702350#.Xvq3ARsWqQA.twitter

16CSE geared into BULL mode Empty Re: CSE geared into BULL mode Thu Jul 02, 2020 8:36 am

Roshan Fernando

Roshan Fernando
Senior Equity Analytic
Senior Equity Analytic

 18th August 2011

CSE Records Highest Number of Trades in a Day
The Colombo Stock Exchange recorded its highest number of trades in a day with 49,921 trades being recorded on 18 August 2011 , surpassing the previous record of 41,294 trades recorded on 7th January 2011. The average number of daily trades so far this year is 21,701.


The All Share Price Index closed at 7,030.85 at the end of trading today, while the Milanka Price Index closed at 6,410.12. The turnover for the day was Rs. 6,394,442,741.

( Data as per the press release of CSE)


I hope it was the great day of CSE in the history and it was the peak of the ASI, If we enter to invest in that period, end up with huge losses

17CSE geared into BULL mode Empty Re: CSE geared into BULL mode Thu Jul 02, 2020 9:05 am

engineer


Manager - Equity Analytics
Manager - Equity Analytics

Roshan Fernando wrote:
 18th August 2011

CSE Records Highest Number of Trades in a Day
The Colombo Stock Exchange recorded its highest number of trades in a day with 49,921 trades being recorded on 18 August 2011 , surpassing the previous record of 41,294 trades recorded on 7th January 2011. The average number of daily trades so far this year is 21,701.


The All Share Price Index closed at 7,030.85 at the end of trading today, while the Milanka Price Index closed at 6,410.12. The turnover for the day was Rs. 6,394,442,741.

( Data as per the press release of CSE)


I hope it was the great day of CSE in the history and it was the peak of the ASI, If we enter to invest in that period, end up with huge losses
Wow, thanks for this share every time I tech analyze a share I see this boom it jst takes me away for a couple of seconds imagining the profits/losses made by our very own investors back then

18CSE geared into BULL mode Empty Re: CSE geared into BULL mode Thu Jul 02, 2020 12:01 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Expected correction!!! 5100 holding well so far . Let’s grab the opportunity before the next run 📈

19CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 1:29 pm

samaritan


Moderator
Moderator

RHL showing signs of an impending run.

20CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 3:13 pm

Kipling


Expert
Expert

Samaritan 
Have we resumed the bull run

21CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 3:25 pm

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Strong support shown around 5050 cheers

22CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 3:27 pm

Kipling


Expert
Expert

RI
Jkh big drag today. Has the sale gone through. Will jkh resume the run especially with Colombo Casino area becoming reality.

23CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 3:31 pm

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yes,

JKH-Strong support shown at 112-112.50.Most importantly other index heavy shares (et-CTC, NEST)are holding the ground to offset the impact from SAMP & JKH which will ultimately join the run once those cool down bit more. Basketball

24CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 3:33 pm

Kipling


Expert
Expert

RI
Thanks..Talk that jkh driven down for a crossing. Is that done today.

25CSE geared into BULL mode Empty Re: CSE geared into BULL mode Mon Jul 06, 2020 4:52 pm

Thushara Ayya

Thushara Ayya
Moderator
Moderator

Friends, I think JKH selling is over now....

Kipling likes this post

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