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


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» CARE 150 ++++++
by Stockbull Yesterday at 10:36 pm

» RAL UNTOLD STORY, KEEPING TOUCH
by vijay singh Yesterday at 8:36 pm

» Exterminators Plc (EXT.N)
by ErangaDS Yesterday at 5:18 pm

» LOOK- KZOO
by sureshot Yesterday at 2:51 pm

» THE NEXT OPPORTUNITY - GET IN
by sureshot Yesterday at 1:02 pm

» නිවැරදි වෙලාවට කොටස් මිලට ගත යුතුයි. Stock market for beginners
by D.G.Dayaratne Yesterday at 10:42 am

» KELANI VALLEY PLANTATIONS PLC (KVAL.N0000)
by hammurabi Yesterday at 10:05 am

» FCT.N & CFVF
by nish84 Fri Sep 23, 2022 2:16 pm

» Govt. invites LIOC to build refinery in Trincomalee
by samaritan Fri Sep 23, 2022 9:59 am

» India set to be world’s 3rd largest economy by 2030
by samaritan Fri Sep 23, 2022 9:21 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by Nandana Withanage Fri Sep 23, 2022 12:26 am

» ACCESS ENGINEERING PLC (AEL.N0000)
by ddrperera Fri Sep 23, 2022 12:05 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by K.R Thu Sep 22, 2022 11:33 pm

» Ishara Nanayakkara rally - Maharaja
by samaritan Thu Sep 22, 2022 5:51 pm

» RGEM :- RGEM is the Cheapest Illiquid Stock in the market
by skyfall Thu Sep 22, 2022 11:47 am

» CIC going to next level
by suku502 Thu Sep 22, 2022 10:34 am

» ACL CABLES PLC (ACL.N0000)
by ADVENTUS Thu Sep 22, 2022 12:48 am

» LALU -Aluminum KING
by Stockbull Wed Sep 21, 2022 8:15 pm

» KELANI CABLES PLC (KCAB.N0000)
by bkasun Wed Sep 21, 2022 5:27 pm

» RGEM. A real gem in the market
by skyfall Wed Sep 21, 2022 3:51 pm

EXPERT CHRONICLE™

MARKET CHAT


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