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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Is Relaxing The Imports Restrictions Curse For CSE Investors ?

Is Relaxing The Imports Restrictions Curse For CSE Investors ?

+4
samaritan
Wolf86
RJ1010
Miss-Sangeetha
8 posters

Go down  Message [Page 1 of 1]

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

[size=13]All the vehicle importers, Luxury goods importers including tile importers and Sri Lanka's foreign investment monies are, now inflated the CSE.


Immense pressure from Indian motor vehicles manufactures through their deplomatic way as well as EU manufactures including tile products reasoning, initial president MR to consider relaxing the tile imports, but the internal news leak / smelling leads to the market shaken last Friday. Rumors were spreaded that the other imports restritcions including vehicle going to be relaxed among the importers /Investor circle lead to rush selling of shares /Pulling out the money from CSE.



If imports restrictions are relaxed, monies will be  pulled out from the CSE.
If refuse to relax the restriction on imports EU and other countries retaliate on Sri Lankan exports to that countries.



During the president Maithripala Sirisena's gov't.they banned the asbestos raw materials imports from Russia, citing environmental & health hazad issues, then Russia retaliated with the banned on Sri Lankan tea import citing pest spreading from Srilankan tea.
Then the SriLankan gov't immediately relaxed the restriction on  asbestos raw materials imports.

.
One cartel members in this forum blaming  Market correction, Profit taking,Marginal credit settlement or SEC credit circular, they  even talk about the crocodile tear"s regarding the others opinion in this forum.


They are the great oppstimitic with poitive thoughts posts. liked by the same cartel members.


When the EXPO'S Financials statements were out, some of the cartel members posted definately ''EXPO will touch 70 or 80", and most of the same cartel members were liked that posts. What was the reality?


Most of the CSE participants are educated even foreign investers are consulting experts at share research broker firms in SriLanka before their investment in SriLanka.


Some frogs in the well thinking Positive thoughts posts liked by other frogs in the same well will work out. may be few retail fools will fall on the trap.    


[/size]

THUWA, Mr. Wayne, Gowri123 and stockie like this post

Kipling dislikes this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

The retaliation threats from EU regarding Sri Lankas import restrictions started 3-4 months back. GOSL did not back down on its stance since they cannot afford to let USD flow out of the country. EU threatened to take away GSP+ but that did not happen. This govt is not like the Yahapalanaya govt to back down easily when western countries put pressure. 

While respecting your point of view unfortunately I have to disagree to most of your post. You called your forum members frogs and fools. Well done Miss Moderator...shows your maturity. members can decide for themselves what they wanna call you! Very Happy
Instead of calling the forum members frogs and fools why dont you post some company valuations, technical analysis or at least anything positive to help out the many retail investors who come here in search of information?

kadik, MeshLk, samaritan, Kipling, judecroos, geesura, Mr. X and like this post

THUWA dislikes this post

Wolf86

Wolf86
Senior Equity Analytic
Senior Equity Analytic

Rj 1010 can you send me your number or email I can't reply..private msg. Thanks 

samaritan


Moderator
Moderator

RJ1010 wrote:The retaliation threats from EU regarding Sri Lankas import restrictions started 3-4 months back. GOSL did not back down on its stance since they cannot afford to let USD flow out of the country. EU threatened to take away GSP+ but that did not happen. This govt is not like the Yahapalanaya govt to back down easily when western countries put pressure. 

While respecting your point of view unfortunately I have to disagree to most of your post. You called your forum members frogs and fools. Well done Miss Moderator...shows your maturity. members can decide for themselves what they wanna call you! Very Happy
Instead of calling the forum members frogs and fools why dont you post some company valuations, technical analysis or at least anything positive to help out the many retail investors who come here in search of information?
RJ mark my words. The next release will be the big 'polonga' which is in the hand bag and that is the UN threat. Is Relaxing The Imports Restrictions Curse For CSE Investors ? Icon_lol

Kipling


Expert
Expert

Samaritan 
I am also worried as India may not help after stupid ECT decision.
Do you see this preventing the run to 10,000 by end March.
Thank you.

samaritan


Moderator
Moderator

Kipling wrote:Samaritan 
I am also worried as India may not help after stupid ECT decision.
Do you see this preventing the run to 10,000 by end March.
Thank you.
At the same time India will not want China to take advantage of the situation. In my opinion so long as restriction on imports and low interest rate continues the market will continue its upward journey.

Its highly unlikely that the govt will relax import restrictions at this juncture.

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

RJ1010 wrote:The retaliation threats from EU regarding Sri Lankas import restrictions started 3-4 months back. GOSL did not back down on its stance since they cannot afford to let USD flow out of the country. EU threatened to take away GSP+ but that did not happen.

You may not aware that Gov't is using India's influence over US and EU. EU following US instructions US need India to balance the  military power over china and recently US removed the Ban on LTTE purposely  then India intervene and ban was imposed again .

This govt is not like the Yahapalanaya govt to back down easily when western countries put pressure. 

Diplomatic parlance is something  different, your opinion may be applicable in Political stage to sound, otherwise no need to handover Colombo western port terminal to India or Initial Consideration of relaxing the tile imports restriction. when the import retaliation come in, like from Russia you people will understand

While respecting your point of view unfortunately I have to disagree to most of your post. You called your forum members frogs and fools. Well done Miss Moderator...shows your maturity. members can decide for themselves what they wanna call you! Very Happy

Yes, when one of the forum moderator mentioned about  this forum members as Crocodile or buffalos you didn't get agitate, when I pointing your course & cartel you got angry.! Very Happy Very Happy Very Happy Very Happy


 May be few retails fools mean what? you are most suitable for advocate profession, frog in the well and crocodile tears, both are proverbs Very Happy Very Happy


Instead of calling the forum members frogs and fools why dont you post some company valuations, technical analysis or at least anything positive to help out the many retail investors who come here in search of information?

You are providing every good financial analysis for this forum members, you even coping from other forum to this forum, Some times your are giving that forum's link also here (though that is breach of this forum rules)

Then why should I waste my time?  Do you think your analysis is not enough. for this forum members? Very Happy Very Happy Very Happy Very Happy

THUWA


Manager - Equity Analytics
Manager - Equity Analytics

Kipling wrote:Samaritan 
I am also worried as India may not help after stupid ECT decision.
Do you see this preventing the run to 10,000 by end March.
Thank you.


Brother I never expect you that you will tell that ECT decision is stupid
Do you want to sell the ECT to foreigners. I thought you are a patriotic person



Kipling


Expert
Expert

Thuwa
I was feeling profoundly sad for the 400+ innocents who perished because of Zaharan Hashim & his pigs. I hope these muderous savages have not been granted 18 fair virgins as a gift for the heinous crimes.

wealth123 likes this post

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Import restrictions not going to last long . with up coming human right issues SL gov..has to give something to 
India and Japan - ECT or lifting import res..on vehicles or both
Europian union and USA - lifting import res  or ??
China -???

RajapaksaDON


Senior Equity Analytic
Senior Equity Analytic

celtic tiger wrote:Import restrictions not going to last long . with up coming human right issues SL gov..has to give something to 
India and Japan - ECT or lifting import res..on vehicles or both
Europian union and USA - lifting import res  or ??
China -???


You are raising a logical point. You are raising a logical point. But as the country doesn't earn money enough to pay import bills,  Govt may relax restrictions, but most probably on 180 days credit. That will increase the cost of imported items. Hence still local manufactures would have good chances to dominate the market.

THUWA


Manager - Equity Analytics
Manager - Equity Analytics

RajapaksaDON wrote:
celtic tiger wrote:Import restrictions not going to last long . with up coming human right issues SL gov..has to give something to 
India and Japan - ECT or lifting import res..on vehicles or both
Europian union and USA - lifting import res  or ??
China -???


You are raising a logical point. You are raising a logical point. But as the country doesn't earn money enough to pay import bills,  Govt may relax restrictions, but most probably on 180 days credit. That will increase the cost of imported items. Hence still local manufactures would have good chances to dominate the market.

If the export country imposed 180 days delay payment on Srilankan export What will happen?

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This is a very difficult time so as a country Sl has to make difficult decisions and sri lankans should rally around these difficult decisions without6 thinking our personal gains.

wealth123 likes this post

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