Don't Panic

Quick respond to Curfew imposed in Gampaha, Market will be normalized, later

@jaya wrote:Quick respond to Curfew imposed in Gampaha, Market will be normalized, later

Not much drop as yesterday,hope 90%of panic selling are over.

Both days turnover around 3b. THAT MEANS A LOT IN A PANIC SITUVATION.

Newcommers don't panic.
You can see there is always a chance to recover within few minutes.
There are enough buyers in the market.
If you sell now it's an opportunity to people who could buy & you had to enter in higher price.
Stock market is not a casino.
Get hold of senior investors.

Hi Guys
Read this great article, do not lose your money by following heard.,

https://www.facebook.com/slstockviews


CSE vs COVID : REALITY, IDIOCRACY & FUTURE
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Share this if you like to add research/factual sense to others.
Don't share if you don't want to

BACKGROUND:

I am not here to tell you what to do. I am not here to promote or demote shares . SELL IF YOU WANT. BUY IF YOU WANT. DO NOTHING IF YOU WANT. Its your money .

But am here to tell you something more important.

When market goes up, there are 100 of promoters, Gurus , Pundits, Youtube channels and Social media pages suddenly mushrooming in only a few months. There are 1000s of followers for such pages/channels too to collectively group together to make Hay when sun shines ( chase/pump up shares and them dump).

But when market crashes there are only 2 kinds of people left

1) People who creates doomsdays to collect lower ( or for other selfish reasons spread more panic)

2) Others who panic and follow #1

"SLSTOCK'S VIEWS" page who probably spends the most time to write research based / non manipulated posts for public still only get little love for the effort. I know that. Yet, my heart told me to write this to help the few sane people left to think, though I am facing my own COVID threats and other troubles.

Bottom line:
I am here to talk LOGICAL SENSE based on Research. I know I cannot make sense to BULLS IN CHINA SHOPS or people to not make Mountains out of Mole hills. I cannot also talk logical sense to Monkeys sitting on top of Donkeys , eating out of 3rd persons hand!

LETS START:
~~~~~~~~~

PART REASON FOR THIS MADNESS/PANIC AT CSE?

Within the last few months , if I recall right, I heard that CSE got 60% more ( CDS) accounts or something. That's simply massive. If you analyze who made those new accounts , it is an easy call.

Think :
What kind of shares were people chasing recently ? Were they Valuable dividend paying stocks or were they small / mid size shares that can be easily gang pushed to make money fast? You know the answer. EASY .

So majority of the people who got in to the stock market recently are same kind of people who entered in 2010/2011. They are mostly young , newbies who doesn't have any idea of value ( or want to learn about value) but think CSE is a FAST MONEY MAKING MACHINE. They think it is CASINO to ANNA AND PANNA.
How many GENUINE INVESTORS ARE HERE who will not follow the herd, but invest with patience? Raise your Hand ! I can guess 1 out of 20 maybe ! How many of you like /want fast money to Anna and Panna as you don't trust CSE ?

So , is it any wonder why ASI runs upwards like crazy during September, backed not by fundamentals but by mostly NON FUNDAMENTAL/LESS VALUE shares to PUMP AND DUMP ?
Guess whats happening now? The same people who worshiped online Gurus /promoters and who chased shares with no knowledge of value to get rich fast, is Panicking the same way to get out of CSE when they see some market sells off.

Then what happens. CHAIN REACTIONS.
Then what happens. The people who were initially less panic stricken starts to join the herd.
Then what happens? MORE CHAIN REACTION.

End results? We saw the real SRI LANKANISM how market crashed from 6300 to 4200 and then how market rushed from 4200 to 6000 right?

SRI LANKANS HAVE 95% literacy rate or something huh?
My Foot. What good does it do to being able to read/write ( say hey we are literate) but using NO BRAINS TO THINK.

ADD TO THAT THE REALLY POOR EDUCATION ON CORONA PEOPLE HAVE and instinct in our blood to behave like herd of cattle led to slaughter!

What comes ? EXTREMISM. IT IS CALLED EXTREMISM ( panic or hope)

~~~~~~~~~~~~~~~~~~~~~

WORLD CORONA SITUATION vs SRI LANKA:
~~~~

FACTS:

1) Sri Kanka to date has : about 3500 identified cases, 13 deaths.

2) INDIA has 6,6 Millions cases to date, Deaths 103000!
India reports about 50000 to 100000 new cases per day.
Soon it will pass USA as more PCR tests are done .

WE THINK SRI LANKANS ARE MORE EDUCATED THAN INDIAN RIGHT? ( Literacy rate) Okay.
TAKE A LOOK STOCK MARKET COMPASION CHART OF CSE VS INDIA I GENERATED! WHAT DO YOU SEE?

3) I am not in Sri Lanka. I am in a Country so heavily infected by Corona. FACT! In the region I am in ( not the country but the small area within maybe 20 mile radius) I am sure there are more Corona positive cases than whole of Sri Lanka!

4) The closest country to Sri Lanka Covid detection numbers is Thailand. Thailand has 3590 cases so far . Deaths 59 ( 4 times more than SL)

Tests done : Sri Lanka roughly did 13800 test per 1 Millions Thailand : 10000 per 1 Millions population. ( Thailand total population is about 3X the size of SL)

DO YOU THINK, INDIA, THAILAND OR EVEN ANY OTHER COUNTRY THAT HAS 1000 times higher covid numbers than Sri Lanka Behaves like the MONKEYS SITTING ON DONKEYS LIKE WE DO?

DO YOU THINK JUST TURNING POSITVE ON COVID TEST IS END OF THE WORLD ? Prince Charles had it. Trump has it. So many world leaders has it.

At this rate , if one more person dies from COVID ( I hope not), CSE will go back to 4000 huh? Brilliant, CSE people. Brilliant. Give yourself a pat on the back to make Sharks richer and us smaller spats poorer by behaving like this again.

~~~~~~~~~~~~~~~~

GREED, FEAR, IMMATURITY, LACK OF COVID EDUCATION , . LACK OF KNOWLEDGE ON CSE, PERSONAL SELFISH NEEDS ( to bring market down or pump it up as needed) is the full Sri Lankan package.

~~~~~~~~~~~~~~~~~

CSE FUNDAMENTAL SITUATION VS WORLD

I am just going let numbers talk.
Just look at the image I attached and note CSE, PER and PBV number compared to other countries. ( Thanks for Softlogic Brokers for the stat)

~~~~~~~~~~~~~~~~~

CSE TECHNICAL SITUATION :

In a previous update , I said " market corrections ( Red days) will be necessary as ASI 6000 came too fast, but it is important that ASI stay around or above 6000 eventually. What am saying is any Massive ASI corrections will be bad for market. I don;t expect unless some COVID issue happens."

Okay COVID issue did happen bringing out the panic stricken "dangara yaka" out of our sarongs. So it is bad for market!

Yesterday ASI closed at 462.99 down. MASSIVE! Why?

a) Was it a technical correction
b) Over-reaction to Covid panic issue.

Actually it is both combined with the new CSE Casino players I talked about before. 3 Troubles in 1.

Actually when CSE hit 6050 for the second time 2 days ago, technically it was massively massively overbought.
Sept run was too fast too far as I once said. Then OCT started too fast too.

Many shares were trading massively overbought
( even value shares like VONE, RCL were heated as per technicals )

So if one wants to see this as Technical correction, it is a very good thing for CSE as many shares that were over heated. Now heat is no more technically!

~~~~~~~~~

CSE and COMING DAYS?

I can do logical , fundamental and technical analysis.
But I cannot do numbskull ( people) analysis!

Out the recent Covid positive cases, of 98% of them are going to be just fine with very little or no complications. So what if even 200 more people turn positive to PCR tests. What is even a 1000 more
turn positive?

If Sri Lanka does more PCR tests per 1 Million population , these numbers will increase by 10s of thousands. ( Compare. Malta has tested 600000 people per 1 million. Thats 60 % of population. Okay it is very small country. But Sri Lanka 13800 per 1 Million ). I hate to think what will happen if we test more people and we find more positive cases!

Is it the End of the world being COVID positive?

Then USA , INDIA, SPAIN and BRAZIL etc would be dead and re- dead , then toasted and finally roasted.

In These countries lives are going along normal as they can with safety precautions in place . Their stock markets are not behaving like bulls in china shops like Sri Lanka either.

~~~~~~~~~~~~

FINAL NOTES :

COVID turning positive is not end of the world.
USA has 2 lak deaths. India 1 lak deaths.
Do you see them behaving like MONKEYS SITTING TOP OF DONKEYS SPITTING ON THEIR OWN FACES ( BY DESTROYING THEIR COUNTRY AND MARKETS)

One would think after the 2 recent crashes at CSE, people would have learnt a lesson .NOPE. Not our people.

What can you do?
ATLEAST BE EDUCATED ABOUT COVID.
BE EDUCATED ABOUT CSE.
EDUCATE OTHERS ( share this is you like!)
TRY NOT TO JOIN PANIC STRICKENS HERDS TO CREATE BIGGER PANIC !

But am not here to tell you to buy , sell or hold.
I will tell you MARKET WILL FALL AS LONG AS THESE CIRCUS MONKEYS ARE SITTING ON TOP OF STUBBORN DONKEYS TO RUN CASINOS TO EITHER MAKE QUICK MONEY OR LOSE MONEY EVEN QUICKER.

No one bought EXPO at Rs 2 ( I did but I sold with % as it was for trade). But now it is a miraculous wonder company at Rs 12 people even chase now! If it does not atleast report Rs 0.5 eps for Sept too, this is one hell of overvalued share. Even if they do report 0.5 eps it is still overvalued.

So , PANIC TO SELL WILL BE THERE AS LONG AS HERD PANICKERS ARE THERE . THEN PANIC TO BUY THE SAME SHARES THEY SOLD HIGHER WILL COME ONE DAY.

SRI LANKA !
WELCOME TO PEOPLE LIKE NO OTHER ( people don't say LAND like no other as it is an insult to our beautiful country )

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@Teller wrote:New comers be careful. This is not the time to touch. You can not compare sri lankan market with other corona infected countries stock markets. Here strategies are totally different

He wants new comers to touch when ASPI reaches 7000

Guys, see the difference between highest and lowest price between a day. Some expert day traders/Manipulators are in the game.


Be very careful and please do not buy if the share is going up more than 10% from the lowest traded price. Also if someone is putting the ASPI down purposely. Be watchful.

Observe the closing price of a share and initial traded price. That is where manipulation begins.

For example:
Closing price - 10
Next day first selling price - 9.50
Highest Traded price - 11
Closing price - 10.20

This is my observation only. Please analyse for yourself and see what is happening in the market. It is okay if you are making losses. Learn the art now. You will be rich one day.

My wishes to all the new and passionate individuals who will make themselves proud one day.

Good Luck !

Edit - What i meant by learning the art is not wasting your hard earned money. See the market ups and downs real time. Look at them. How fast the changes happen. Feel them. Let it teach you the lessons for sometime. (Without buying any share firstly) then once you are confident if you sense any of your shares are being pushed for trading you will know like a pro.

@xhunter wrote:

@Teller wrote:New comers be careful. This is not the time to touch. You can not compare sri lankan market with other corona infected countries stock markets. Here strategies are totally different

He wants new comers to touch when ASPI reaches 7000

I’m also not agree with letter’s comment,we enter to the market in 2011-2012 it’s the peak time in cse(we don’t know the real values of shares,and lot on shares are trading prices are 3 times 4 times of real value.ex- hva went to 85 level)so I think this is a good time to new comers,lot of shares trading under nav.

@hiransilva23 wrote:

@xhunter wrote:

@Teller wrote:New comers be careful. This is not the time to touch. You can not compare sri lankan market with other corona infected countries stock markets. Here strategies are totally different

He wants new comers to touch when ASPI reaches 7000

I’m also not agree with letter’s comment,we enter to the market in 2011-2012 it’s the peak time in cse(we don’t know the real values of shares,and lot on shares are trading prices are 3 times 4 times of real value.ex- hva went to 85 level)so I think this is a good time to new comers,lot of shares trading under nav.

yeah u ryt for investing its ok but trading? i dont think so..

@geesura wrote:

@hiransilva23 wrote:

@xhunter wrote:

@Teller wrote:New comers be careful. This is not the time to touch. You can not compare sri lankan market with other corona infected countries stock markets. Here strategies are totally different

He wants new comers to touch when ASPI reaches 7000

I’m also not agree with letter’s comment,we enter to the market in 2011-2012 it’s the peak time in cse(we don’t know the real values of shares,and lot on shares are trading prices are 3 times 4 times of real value.ex- hva went to 85 level)so I think this is a good time to new comers,lot of shares trading under nav.

yeah u ryt for investing its ok but trading? i dont think so..

I think yesterday and today very good two days for traders.
See the price change during the hours,but not for new comers.this is good time for new comers who want to invest.

All 101 PCR tests carried out on the school students with the first Minuwangoda Covid-19 patient's daughter have tested NEGATIVE - Area PHI- adaderana.lk

Glad to have read a positive news !

@Mithooshan wrote:Glad to have read a positive news !

we can control this situation definitely so please keep away from the key board have patients don't sell anything. If you have buying powers please collect @ low prices if there is a chance. From tomorrow onwards everything gonna be under controlled. 

everything is under control tomorrow market green

@gayanhdd wrote:everything is under control tomorrow market green

එත් ශුවර් නැ,ඉනඩෙක්ස් ඩව්න් කරලා තව එකතු කර ගන්න ට්‍ර්‍යි කරන්න බැරි නෑ

@gayanhdd wrote:everything is under control tomorrow market green

do not spread false rumours.im fully supported to a green market but not this way. this will drag traders  into more deep.nothing is under control yet. but covid has nothing to do with market if the businesses are operating as usual but with curfew can't predict.

@geesura wrote:

@gayanhdd wrote:everything is under control tomorrow market green

do not spread false rumours.im fully supported to a green market but not this way. this will drag traders  into more deep.nothing is under control yet. but covid has nothing to do with market if the businesses are operating as usual but with curfew can't predict.

මිනුවන්ගොඩ කොරෝනා පොකුර ඇතිවීමට හේතුව පිළිබඳ බුද්ධි අංශ විසින් මේ වන විට සිදුකරන විමර්ශනයේ දී අනුමාන දෙකකට එළඹී තිබේ.

ඉන් එකක් වන්නේ ඉන්දියාවේ බ්‍රැන්ඩික්ස් ආයතනයක් කොරෝනා වසංගතය හේතුවෙන් වසා දැමීම නිසා එහි රෙදිපිළි ආදී අමුද්‍රව්‍ය තොගයක් මෙරට මිනුවන්ගොඩ පිහිටි බ්‍රැන්ඩික්ස් කර්මාන්තශාලාවට එවා තිබීම නිසා එමගින් කොරෝනා වෛරසය පැමිණියේද යන්න පිළිබඳ අනුමානයයි.

අනෙක් කරුණ වන්නේ පොළොන්නරුවේ සිට මිනුවන්ගොඩ කර්මාන්ත ශාලාව වෙත පැමිණෙන පුද්ගලයෙකුද කොරොන ආසාදිතයකු බවට හඳුනාගෙන ඇති අතර ඔහු විදේශගතව සිට මෙහි පැමිණ නිරෝදායනය අවසන් කොට සිටි පුද්ගලයෙක් වන නමුත් ඔහුගේ සිරුරේ වෛරසය තිබී මතුවීම නිසා මෙම කොරොන පොකුර හටගැනීමේ මූලාශ්‍රය වූයේ ද යන්න ය.

බුද්ධි අංශ තොරතුරු අනාවරණය කරන්නේ පොලොන්නරුවේ පුද්ගලයාගෙන් පොකුර ඇතිවෙන්නට ඇති බවට පවතින අනුමානය ඉතාම සුළු වශයෙන් අනුමාන කළ හැකි කරුණක් පමණක් බවයි.

කෙසේවෙතත් වත්මන් කොරෝනා පොකුරට අදාළව දිවුලපිටියේ මුලින්ම හමුවූ කාන්තාවගෙන් මෙම මූලාශ්‍රය හටගත් හටගත් බවට වන සැකය මුළුමනින්ම මේ වන විට බැහැර වී ඇති බවද එම තොරතුරු අනාවරණය කළේය.

තවදුරටත් මෙම කොරෝනා පොකුර ඇතිවීමේ මූලාශ්‍රය සොයා බුද්ධි අංශ විශේෂ මෙහෙයුමක් ක්‍රියාත්මක වේ.

ARMY AND ALL FORCES WILL SURE CONTROL THE AITUATAION AND THINGS WILL BE NORMAL NEXT WEEK  

Most likely Market will be stable and GREEN tomorrow

@kalu351 wrote:

@geesura wrote:

@gayanhdd wrote:everything is under control tomorrow market green

do not spread false rumours.im fully supported to a green market but not this way. this will drag traders  into more deep.nothing is under control yet. but covid has nothing to do with market if the businesses are operating as usual but with curfew can't predict.

මිනුවන්ගොඩ කොරෝනා පොකුර ඇතිවීමට හේතුව පිළිබඳ බුද්ධි අංශ විසින් මේ වන විට සිදුකරන විමර්ශනයේ දී අනුමාන දෙකකට එළඹී තිබේ.

ඉන් එකක් වන්නේ ඉන්දියාවේ බ්‍රැන්ඩික්ස් ආයතනයක් කොරෝනා වසංගතය හේතුවෙන් වසා දැමීම නිසා එහි රෙදිපිළි ආදී අමුද්‍රව්‍ය තොගයක් මෙරට මිනුවන්ගොඩ පිහිටි බ්‍රැන්ඩික්ස් කර්මාන්තශාලාවට එවා තිබීම නිසා එමගින් කොරෝනා වෛරසය පැමිණියේද යන්න පිළිබඳ අනුමානයයි.

අනෙක් කරුණ වන්නේ පොළොන්නරුවේ සිට මිනුවන්ගොඩ කර්මාන්ත ශාලාව වෙත පැමිණෙන පුද්ගලයෙකුද කොරොන ආසාදිතයකු බවට හඳුනාගෙන ඇති අතර ඔහු විදේශගතව සිට මෙහි පැමිණ නිරෝදායනය අවසන් කොට සිටි පුද්ගලයෙක් වන නමුත් ඔහුගේ සිරුරේ වෛරසය තිබී මතුවීම නිසා මෙම කොරොන පොකුර හටගැනීමේ මූලාශ්‍රය වූයේ ද යන්න ය.

බුද්ධි අංශ තොරතුරු අනාවරණය කරන්නේ පොලොන්නරුවේ පුද්ගලයාගෙන් පොකුර ඇතිවෙන්නට ඇති බවට පවතින අනුමානය ඉතාම සුළු වශයෙන් අනුමාන කළ හැකි කරුණක් පමණක් බවයි.

කෙසේවෙතත් වත්මන් කොරෝනා පොකුරට අදාළව දිවුලපිටියේ මුලින්ම හමුවූ කාන්තාවගෙන් මෙම මූලාශ්‍රය හටගත් හටගත් බවට වන සැකය මුළුමනින්ම මේ වන විට බැහැර වී ඇති බවද එම තොරතුරු අනාවරණය කළේය.

තවදුරටත් මෙම කොරෝනා පොකුර ඇතිවීමේ මූලාශ්‍රය සොයා බුද්ධි අංශ විශේෂ මෙහෙයුමක් ක්‍රියාත්මක වේ.

ARMY AND ALL FORCES WILL SURE CONTROL THE AITUATAION AND THINGS WILL BE NORMAL NEXT WEEK  

Most likely Market will be stable and GREEN tomorrow

saturday and sunday is unpredictable  need to keep people inside the houses as much as possible to control this situation.hope & pray traders wont react to that kinda situation on monday if happens like that.

optimism is great ! but reality is much harsher ....hold if you have the capability ! other option is sell now and buy cheaper later ! buy later by holding now you can average your portfolio ...just a thought ...hope you guys find your own strategy

@anges wrote:optimism is great ! but reality is much harsher ....hold if you have the capability ! other option is sell now and buy cheaper later ! buy later by holding now you can average your portfolio ...just a thought ...hope you guys find your own strategy

Instilling fear in a 'subtle' way when there is nothing to fear. Some doctors prescribe unnecessary tests when those are not warranted at all. Food for thought!

Definitely, forces and related parties will control this cluster as same as earlier.  The best option is hold and if you have money try to buy shares like Tokyo,Mgt,Alum,Expo and TPL from the plantation sector.

http://www.ft.lk/news/Health-Ministry-issues-revised-timeline-for-resumption-of-activities/56-707131

COVID-19 vaccine may be ready by year-end, says WHO's Tedros

By [size=16]Stephanie Nebehay


GENEVA (Reuters) - A vaccine against COVID-19 may be ready by year-end, the head of the World Health Organization said on Tuesday.








FILE PHOTO: World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus attends a news conference organized by Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel coronavirus, at the WHO headquarters in Geneva Switzerland July 3, 2020. Fabrice Coffrini/Pool via REUTERS

WHO Director-General Tedros Adhanom Ghebreyesus called for solidarity and political commitment by all leaders to ensure equal distribution of vaccines when they become available.
“We will need vaccines and there is hope that by the end of this year we may have a vaccine. There is hope,” Tedros said in final remarks to the WHO’s Executive Board, without elaborating.
Nine experimental vaccines are in the pipeline of the WHO’s COVAX global vaccine facility that aims to distribute 2 billion doses by the end of 2021.
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The two-day board meeting, which examined the global response to the pandemic, heard calls from countries including Germany, Britain and Australia for reforms to strengthen the U.N. agency.
U.S. President Donald Trump’s administration has strongly criticised the WHO’s role in the crisis, accusing it of being too close to China and not doing enough to question Beijing’s actions late last year when the virus first emerged in Wuhan.
Tedros has dismissed the suggestions and said his agency has kept the world informed.
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Three independent panels reviewing WHO performance including its 2005 International Health Regulations - which set guidelines on trade and travel restrictions imposed during health emergencies - gave updates on their work.
The Independent Panel for Pandemic Preparedness and Response, led by former New Zealand Prime Minister Helen Clark and former Liberian President Ellen Johnson Sirleaf, met for the first time last month.
“We hope to get the real lessons that we can implement and prevent the same thing from happening,” Tedros said. “But I would like to assure you that WHO is ready to learn from this and change this organisation.
“During our transformation we promised this, we promised to keep change as a constant,” he said, referring to his programme since taking the helm in 2017.
Reporting by Stephanie Nebehay in Geneva; Editing by Michael Shields, Alexandra Hudson and Giles Elgood
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https://www.youtube.com/watch?v=4VRWTEuNiIo covid 19 cannot be taken lightly this time.during previous clusters health authorities identified from where the virus started to spread but this time the situation is different be careful listen to what health authorities says not the from the people in this forum.watch this video you can get to know about the real situation.

Pakistan too experienced similar scenario but things were brought under control. The message is to follow preventive measures to the letter and nothing else. Main thing is situation is controllable with the cooperation of public.

@Promoney wrote:

The owners of the country coming so no quarantine for them
Even Sri Lankan’s coming into the country have to do 2wks + 2wks mandatory quarantine. Made a huge outcry when that US diplomat walked through the airport without doing a PCR test but Chinese owners can can come and go as they wish. Great country we live in.

@Promoney wrote:

I am in no doubt that matters relating to Covid outbreak too will be discussed as they have vested interests here, Port City, Belt & Road initiative etc.....
Doesn't the timing of visit convey a message?

Covid is part and parcel of life. We were blessed not to have social spread for 6 months. Well at some point its going to happen just like in any country. We are mot immune to it. Initial shock of 1,000 is now absorbed by the market. Now we will have smaller numbers popping up and it will go on till we find vaccine (hopefully end of December and by mid 2021 most will get it) and life will go on. SInce this is new to SL we as always react by panicking. India/USA stock markets are rallying since with the highest covid cases and deaths! SO don't panic just use this as opportunity to buy low and hold and things will be back to normal soon. That's the new normal!