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.
FINANCIAL CHRONICLE™

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

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Amana Takaful ATL & ATLL
by kanishkaecomm Today at 12:17 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by EPS Today at 11:17 am

» Best Time to Collect Cic X
by Value Pick Today at 8:15 am

» Why is First Capital Holdings being dumped?
by Berryfund Today at 6:29 am

» AGST can move
by FINANCIAL CHRONICLE™ Yesterday at 11:58 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by newone Yesterday at 11:57 pm

» AGSTAR PLC (AGST.N0000)
by FINANCIAL CHRONICLE™ Yesterday at 11:57 pm

» LOFC AND CLC Target Price??
by xhunter Yesterday at 11:06 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Bakkabwoi Yesterday at 8:10 pm

» Twitter accounts related to the stock market
by Bakkabwoi Yesterday at 8:09 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by xhunter Yesterday at 7:55 pm

» LOFC LOFC LOFC
by madukp Yesterday at 6:49 pm

» How Equity Emerged the Top Asset Class During a Pandemic
by samaritan Yesterday at 6:30 pm

» HVA FOODS PLC (HVA.N0000)
by rajini Yesterday at 12:38 pm

» Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion
by samaritan Yesterday at 11:39 am

» Sri Lanka IT and consultant industry moved closer to LKR 10Bn in 2Q 2021
by samaritan Yesterday at 11:36 am

» The Economy will be steered towards continued stability - CB Governor
by samaritan Yesterday at 10:04 am

» Asia/Capital Trust LLUB Target Price Rs 150..
by rajithasahan Wed Sep 15, 2021 10:16 pm

» Hotel sector momentum
by Bakkabwoi Wed Sep 15, 2021 8:17 pm

» First capital stock brokers
by RS Wed Sep 15, 2021 8:04 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Will you sell YOUR COLOMBO 7 PROPERTY for A BARGAIN BUYER??

Will you sell YOUR COLOMBO 7 PROPERTY for A BARGAIN BUYER??

Go down  Message [Page 1 of 1]

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi all,

CSE is now experiencing a different easing off period after it recording a massive sell off due to following factors.

1. Many believe the fact that China would not extend USD 1.5Bn funding which happened last Friday
2. UNHRC negative impact which is highly unlikely where everyone can know by last week of March 
3. Controversial SEC directive pinching the market to fall back on top of above.

The above factors pushed everyone to a sidelines sentiment where many new investors would have already sold at a loss or some may be holding on to investments. However, it is worth to note that item no 1 & 3 are already solved. However, we are experiencing following in CSE now.

Types of investor sentiments in CSE now?

Feeling Risky - Many retail investors whom have burnt finger believe the fact that it's bit risky to invest.

Feeling worried - Many who have not realized any loss are holding on to the investments knowing a possible reversal which many have experienced during COVID-19 pandemic which apparently bounced back.

Feeling positive but bargain lovers - Investors whom made profits are safely keeping money expecting to buy at low prices. Mostly these are HNWI and institutions. 

In the current context, the market turned negative reducing by 2,000 points from the peak and now easing off with relatively low turnover. The drop is more than 20% in ASPI. The market PE is well below 12X multiples. 

Therefore, considering the above facts, ASPI is OVERSOLD if compared with Frontier and PEER markets. Currently the people selling in CSE similar to a selling of a PROPERTY OWNED at COLOMBO 7 @ 20% DISCOUNTED VALUE. Will you sell your COLOMBO 7 property if someone buy on bargain?

Good Luck

samaritan, gummy, lal62, judecroos, Gowri123 and Twick like this post

Back to top  Message [Page 1 of 1]

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