PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS

samaritan · 1 PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Thu Oct 22, 2020 1:51 pm

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Passing of 20A in parliament today will reinforce President's powers to take the country towards economic prosperity, this is expected to give a much needed boost to the market at a time when an unscrupulous lot is trying to instill fear in the minds of investors.
Tomorrow market will regain lost grounds.

samaritan · 2 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Thu Oct 22, 2020 7:59 pm

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Tomorrow onwards Dark Green. PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Lol

Rational Investor · 3 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Thu Oct 22, 2020 8:02 pm

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The Second reading on the 20th Amendment to the Constitution passed with a majority in Parliament on Thursday (22)
In Favor – 156
Against – 65

cheers

Hairoos · 4 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Thu Oct 22, 2020 8:06 pm

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Can explain how this will impact the Market?

samaritan · 5 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Thu Oct 22, 2020 8:07 pm

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President can take decisions that will benefit the economy & progress of the nation without hindrance. ASI will surge from the opening of market tomorrow.

MarketResearch · 6 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Thu Oct 22, 2020 8:08 pm

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samaritan wrote:Tomorrow onwards Dark Green.

UNP ගොන් හැත්ත... Very Happy

judecroos · 7 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 6:24 am

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Rational Investor wrote:The Second reading on the 20th Amendment to the Constitution passed with a majority in Parliament on Thursday (22)
In Favor – 156
Against – 65

I need an explanation how this 20A effect to the market?

samaritan · 8 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 8:55 am

samaritan

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judecroos wrote:

Rational Investor wrote:The Second reading on the 20th Amendment to the Constitution passed with a majority in Parliament on Thursday (22)
In Favor – 156
Against – 65

:cheers: :cheers: :cheers: :cheers: :cheers: :cheers:

I need an explanation how this 20A effect to the market?

Judecroos,
Pl read the following article and for your easy reference i have given some relevant excerpts from the article. If you feel the economy would benefit from 20A then of course the share market too will.

http://www.ft.lk/columns/Will-20th-Amendment-change-Government-economic-policies/4-706763

Excerpts from article:
"Under current regulations, presidential elections were conducted at a huge expense, but the result is a powerless President, the 20A would correct the anomaly. President Gotabaya prior to elections had presented a detailed program ‘Vistas of Prosperity and Splendour’ for the development of the country, but the lack of authority restricted him from implementing the program."

"During the last government, most projects proposed earlier were suspended and no new projects commenced, meanwhile the country’s requirements are expanding, needing new investments irrespective of availability of finances. We may have to take the path of Singapore, with hardly any own funds, the country has reached a level of development surpassing everyone."

Kipling · 9 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 9:04 am

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Samaritan
Yes now we will see GR rapidly implementing his program like LKY or Park Cheong Hee of South Korea
2 questions.
1. Will we hit 6000 today
2. starting next week will we commence dash to ATH this year.
Thank you.

nish84 · 10 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 9:08 am

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Today 150- 200 points up

Kipling · 11 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 9:17 am

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Thank you nish.
Over to you Samaritan.

samaritan · 12 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 9:21 am

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Kipling wrote:Samaritan
Yes now we will see GR rapidly implementing his program like LKY or Park Cheong Hee of South Korea
2 questions.
1. Will we hit 6000 today
2. starting next week will we commence dash to ATH this year.
Thank you.

Nothing is impossible now! PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Icon_biggrin

subash81 · 13 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 9:38 am

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Kipling wrote:Samaritan
Yes now we will see GR rapidly implementing his program like LKY or Park Cheong Hee of South Korea
2 questions.
1. Will we hit 6000 today
2. starting next week will we commence dash to ATH this year.
Thank you.

Yes good time ahead

samaritan · 14 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:03 pm

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Covid baila dancers are going in a procession now. Once the parade passes market will recover. PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Icon_lol

PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS 2Q==

Kipling · 15 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:19 pm

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Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world.

samaritan · 16 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:25 pm

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Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world. :joy:

Are you serious? this is the joke of the century! PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Icon_lol

MarketResearch · 17 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:26 pm

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Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world.

@ Samaritan:
ඉන්දියාවෙ පකිස්තානෙ ඉන්න එවුන් හොදයි. අපේ රීටේලර්ලා කියන්නේ නියම තකතීරු සෙට් එකක්. මුන් හැම මගුලටම බය වෙලා මාර්කට් එක හැදිගාවලා දානවා.....

Citizen Silva · 18 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:28 pm

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market eke haal pol wattaka hari demand neh!

samaritan · 19 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:35 pm

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MarketResearch wrote:

Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world. :joy:

@ Samaritan:
ඉන්දියාවෙ පකිස්තානෙ ඉන්න එවුන් හොදයි. අපේ රීටේලර්ලා කියන්නේ නියම තකතීරු සෙට් එකක්. මුන් හැම මගුලටම බය වෙලා මාර්කට් එක හැදිගාවලා දානවා.....

Eka nam sahathika athe, puduma jokersla! PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Icon_lol

MarketResearch · 20 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 12:47 pm

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Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world.

@Kipling
අපේ රී-ටේලර්ස්ලා අර ලෝකෙ පෙරලෙනවා කියල දිව්ව හාවො සෙට් එක වගේ...මාර්කට් එකත් රී-කරලා දුවන්නේ...

dayandacool · 21 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 2:46 pm

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samaritan wrote:

MarketResearch wrote:

Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world.

@ Samaritan:
ඉන්දියාවෙ පකිස්තානෙ ඉන්න එවුන් හොදයි. අපේ රීටේලර්ලා කියන්නේ නියම තකතීරු සෙට් එකක්. මුන් හැම මගුලටම බය වෙලා මාර්කට් එක හැදිගාවලා දානවා.....

Eka nam sahathika athe, puduma jokersla!

This is what happens when every tom, dick and harry joins CSE. They are having talks of releasing EPF to the owners prematurely to strengthen the liquidity. God bless if those people too come to CSE!!! Talk about shoe shining boys!!! I have shifted my investment policy to trading. Already made a handsome return within 3 days. You gotta adjust your strategies to suit the market. I'm a swing trader till 2022 because that's when I guess all the sentimental retailers lose all their money and give up on the market. From there on, we could see few investors and wise traders survive. It's like 2009-2014 all over again!!! Very Happy

MarketResearch · 22 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 3:14 pm

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dayandacool wrote:

samaritan wrote:

MarketResearch wrote:

Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world.

@ Samaritan:
ඉන්දියාවෙ පකිස්තානෙ ඉන්න එවුන් හොදයි. අපේ රීටේලර්ලා කියන්නේ නියම තකතීරු සෙට් එකක්. මුන් හැම මගුලටම බය වෙලා මාර්කට් එක හැදිගාවලා දානවා.....

Eka nam sahathika athe, puduma jokersla!

This is what happens when every tom, dick and harry joins CSE. They are having talks of releasing EPF to the owners prematurely to strengthen the liquidity. God bless if those people too come to CSE!!! Talk about shoe shining boys!!! I have shifted my investment policy to trading. Already made a handsome return within 3 days. You gotta adjust your strategies to suit the market. I'm a swing trader till 2022 because that's when I guess all the sentimental retailers lose all their money and give up on the market. From there on, we could see few investors and wise traders survive. It's like 2009-2014 all over again!!!

@dayandacool
Ehema wath balamu...Hikzzz

dayandacool · 23 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 3:20 pm

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MarketResearch wrote:

dayandacool wrote:

samaritan wrote:

MarketResearch wrote:

Kipling wrote:Samaritan
Our retailers are pathetic.
I heard that they are on buy sidelines & selling as there is a rumor that the sun will not rise tomorrow. “Mara wede heta Hiru eliya nathnam” So sell as end of world.

@ Samaritan:
ඉන්දියාවෙ පකිස්තානෙ ඉන්න එවුන් හොදයි. අපේ රීටේලර්ලා කියන්නේ නියම තකතීරු සෙට් එකක්. මුන් හැම මගුලටම බය වෙලා මාර්කට් එක හැදිගාවලා දානවා.....

Eka nam sahathika athe, puduma jokersla!

This is what happens when every tom, dick and harry joins CSE. They are having talks of releasing EPF to the owners prematurely to strengthen the liquidity. God bless if those people too come to CSE!!! Talk about shoe shining boys!!! I have shifted my investment policy to trading. Already made a handsome return within 3 days. You gotta adjust your strategies to suit the market. I'm a swing trader till 2022 because that's when I guess all the sentimental retailers lose all their money and give up on the market. From there on, we could see few investors and wise traders survive. It's like 2009-2014 all over again!!!

@dayandacool
Ehema wath balamu...Hikzzz

Can you tell me the main difference of the Markets in India, USA, Pakistan and even Bangladesh?? Only difference is they have educated investors and traders who know what they are doing. Therefore their markets are thriving amid a chaotic Covid record compared to us.They don't have retailers who are waiting for a certain HNWI's twitter posts to buy a share.

Ehemama balamu, Ohomama yamu!!Hikzzz Very Happy

SANJAYANM · 24 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 4:01 pm

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What I feel that most new retailers are actually not real investors.
Most of them even don't know the company that they invest.
They just fallow the rallies and four letters of theses companies.
They are only just because the low interest rates of fixed deposits.
If they couldn't earn from stock market ,majority will shift to easy earning
methods and burn their earnings.

MarketResearch · 25 Re: PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS Fri Oct 23, 2020 4:09 pm

MarketResearch

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SANJAYANM wrote:What I feel that most new retailers are actually not real investors.
Most of them even don't know the company that they invest.
They just fallow the rallies and four letters of theses companies.
They are only just because the low interest rates of fixed deposits.
If they couldn't earn from stock market ,majority will shift to easy earning
methods and burn their earnings.

@sanjayanm
These people think this is a Casino pot and instantly need money. First, they have to learn what is the difference between investment and gambling. First of all, they should be admitted to a financial rehabilitation center and teach some basic investment principles.

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PASSING OF 20A TO ADD CONFIDENCE TO INVESTORS

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