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


ADVERTS

Poll

EXCHANGE RATE PREDICTION: 2022

ASI Back to 9000 levels Vote_lcap16%ASI Back to 9000 levels Vote_rcap 16% [ 43 ]
ASI Back to 9000 levels Vote_lcap21%ASI Back to 9000 levels Vote_rcap 21% [ 58 ]
ASI Back to 9000 levels Vote_lcap30%ASI Back to 9000 levels Vote_rcap 30% [ 83 ]
ASI Back to 9000 levels Vote_lcap34%ASI Back to 9000 levels Vote_rcap 34% [ 93 ]

Total Votes : 277

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sri Lanka bond yields extend fall on DDR comments
by K.R Today at 7:11 pm

» Sri Lanka banks may need more regulatory, accounting forbearance
by CHRONICLE™ Today at 2:05 pm

» Banking Sector Vulnerability to Domestic Debt Restructuring
by God Father Today at 9:29 am

» Focus on Government controlled entities
by ErangaDS Today at 7:56 am

» Prime Land Foreign expansion-Target Price 18+
by shiraz latiff Today at 1:08 am

» NESTLE Target Price Rs.1500-INVESTMENT IN BUILDING A NEW VACUUM BAND DRYER AT THE STATE-OF-THE-ART FACTORY IN KURUNEGALA.
by shiraz latiff Today at 1:02 am

» PLR (Prime Lands) Next Value counter.. Fair Value Rs 20
by sakuni Today at 12:34 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Yesterday at 9:10 pm

» Palm Oil is going up again
by ErangaDS Yesterday at 3:09 pm

» PMB/PLC/PINS
by ErangaDS Yesterday at 3:05 pm

» The rupee was now ‘heavily undervalued’ based on fundamentals - Central Bank Governor Nandalal Weerasinghe
by K.R Yesterday at 8:58 am

» Shares to Sell
by Tax Wed Nov 30, 2022 5:36 pm

» HAPUGASTENNE PLANTATIONS PLC (HAPU.N0000)
by cheetah Wed Nov 30, 2022 10:10 am

» What will happen tomorrow?
by K.R Wed Nov 30, 2022 7:35 am

» Will anyone else do this? Commercial Bank debentures.
by reyaz Wed Nov 30, 2022 7:18 am

» Billionaire owned listed companies faces insolvency issues in Sri Lanka
by God Father Wed Nov 30, 2022 1:45 am

» Don't Catch Falling Knives!!!
by DeepFreakingValue Tue Nov 29, 2022 10:55 pm

» CIC going to next level
by suku502 Mon Nov 28, 2022 12:13 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by ErangaDS Wed Nov 23, 2022 6:34 pm

» KZOO.N SHAW WALLACE INVESTMENTS PLC TP 10/
by cheetah Wed Nov 23, 2022 11:16 am

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™ » ASI Back to 9000 levels

ASI Back to 9000 levels

5 posters

Go down  Message [Page 1 of 1]

1ASI Back to 9000 levels Empty ASI Back to 9000 levels Thu Mar 03, 2022 6:47 pm

Maharaja


Expert
Expert

Dear friends,

ASI will test 10600 support again. (about next week)
Maharaja knows this support will be broken and index will fall back to 9000 area. 

Maharaja's advised everyone this week to sell and keep cash. Some clients do not listen. They will be force sold again. Ex BIL at 7.00 

Reasons ;

1.) Today harbor was not fully operating because of NO fuel. Containers are not transporting goods to ports. 30% BOI factories are non operating (wathupitiwala EPZ zone). Exports will also fall due to this. 

2.) Local economy is stuck. Zero/10% activity in every sector.

3.) Interest rates are also rising.


Market can only turn if Fuel Problem is sorted.
Do not go behind HNWI tweets and get stuck. We see their activity before you. They sold their credit during 400+ 500+ points green days.

Clear credit immediately. Cash portfolios - keep holding.



Maharaja

Beyondsenses likes this post

2ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 04, 2022 10:48 am

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It is being a while Maharaja when you appeared last time. Did you sell full of your PF?

3ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 04, 2022 11:06 am

samaritan


Moderator
Moderator

Rational Investor wrote:It is being a while Maharaja when you appeared last time. Did you sell full of your PF?
You have to learn to interpret Maharaja's statements. What he meant was.,

"ASI will show its back to 9000 levels".ASI Back to 9000 levels Icon_lol

Maharaja and Rational Investor like this post

4ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 04, 2022 11:12 am

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

samaritan wrote:
Rational Investor wrote:It is being a while Maharaja when you appeared last time. Did you sell full of your PF?
You have to learn to interpret Maharaja's statements. What he meant was.,

"ASI will show its back to 9000 levels".ASI Back to 9000 levels Icon_lol

Thank you Maharaja. I will sell my whole PF. Can you tell me what is the support ?

samaritan likes this post

5ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 11, 2022 11:54 am

Maharaja


Expert
Expert

Be Smart. Do not get caught with the selling.

Weak support - 10200 
Support 1 - 9500-9600 levels
Support 2 (Major) - 9210 ( Maharaja thinks this will be final support )

Also don't sell lands and settle margin. No need to protect shark accounts who already in a big mess with credit exposures. HNWI always need you to dump their portfolios. Maharaja do not like when sharks cheat retailers. Be smart and buy low. 

Thankyou
Anushka

de1_96 likes this post

6ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 11, 2022 5:57 pm

samaritan


Moderator
Moderator

Food for thought:
ASI Back to 9000 levels Quote-a-prediction-about-the-direction-of-the-stock-market-tells-you-nothing-about-where-stocks-warren-buffett-68-94-50
Happy Weekend!

7ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Tue Mar 15, 2022 2:10 pm

Maharaja


Expert
Expert

Maharaja wrote:Be Smart. Do not get caught with the selling.

Weak support - 10200 
Support 1 - 9500-9600 levels
Support 2 (Major) - 9210 ( Maharaja thinks this will be final support )

Also don't sell lands and settle margin. No need to protect shark accounts who already in a big mess with credit exposures. HNWI always need you to dump their portfolios. Maharaja do not like when sharks cheat retailers. Be smart and buy low. 

Thankyou
Anushka


No HNWI now, only Maharaja's predictions.


Maharaja

8ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Tue Mar 15, 2022 5:57 pm

samaritan


Moderator
Moderator

Maharaja's prediction tells more about what Maharaja wants the market to be. Always recall the past predictions and have a good laugh!ASI Back to 9000 levels Icon_lol


Thank you
Dinushka

ADVENTUS likes this post

9ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Thu Mar 17, 2022 3:34 pm

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Market will go bellow 8000. What else could be expected ? High taxes, High inflation, huge amount of money printing, High interest rates are expected soon. Only positive thing is free float of exchange rates.

10ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Thu Mar 17, 2022 6:35 pm

samaritan


Moderator
Moderator

rajini wrote:Market will go bellow 8000. What else could be expected ? High taxes, High inflation, huge amount of money printing, High interest rates are expected soon. Only positive thing is free float of exchange rates.
Countries all over the world are grappling with high inflation but the stock markets have not crashed. In fact some have surged to very high levels. Gold/Equities/Real estate investments help to hedge inflation.


"We suffer more often in imagination than in reality"
                                                              - Seneca -

sanjulanka likes this post

11ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Thu Mar 17, 2022 8:26 pm

CITIZEN

CITIZEN
Manager - Equity Analytics
Manager - Equity Analytics

rajini wrote:Market will go bellow 8000. What else could be expected ? High taxes, High inflation, huge amount of money printing, High interest rates are expected soon. Only positive thing is free float of exchange rates.
Rajini said correct. But some ministers here showing Rossi picture of our economy. Floating of exchange rates now in force, what price dollar go up coming weeks or next month? Once remaining foreign holding start sell???

12ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 18, 2022 7:50 am

samaritan


Moderator
Moderator

Miscreants are present in any forum and cause panic for innocent investors to build underground bunkers to protect from passing clouds.ASI Back to 9000 levels Icon_lol

Best thing is to evaluate for yourselves the recent developments and measures that are being taken to address the current crisis and decide accordingly.

In my opinion future prospects for CSE looks promising and prudent investment decisions will certainly give returns higher than from bank deposits and be a powerful hedge against inflation.GL

13ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 18, 2022 10:52 am

rajini


Manager - Equity Analytics
Manager - Equity Analytics

president told he will go for IMF solution. It is not a forecast. It is true. What IMF will suggest

1. Cooperate Tax increase - (8% to 15%)
2. Cut financial support for fuel. - Transportation cost , Electricity bills, AC bills, Water bills will increased
3. Increase in interest rates

14ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 18, 2022 11:07 am

samaritan


Moderator
Moderator

rajini wrote:president told he will go for IMF solution. It is not a forecast. It is true. What IMF will suggest

1. Cooperate Tax increase - (8% to 15%)
2. Cut financial support for fuel. - Transportation cost , Electricity bills, AC bills, Water bills will increased
3. Increase in interest rates
True. still there is confusion about whether its going to be technical assistance/advise or a fully fledged bail-out. 



Last edited by samaritan on Fri Mar 18, 2022 11:21 am; edited 1 time in total

15ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 18, 2022 11:14 am

rajini


Manager - Equity Analytics
Manager - Equity Analytics

samaritan wrote:
rajini wrote:president told he will go for IMF solution. It is not a forecast. It is true. What IMF will suggest

1. Cooperate Tax increase - (8% to 15%)
2. Cut financial support for fuel. - Transportation cost , Electricity bills, AC bills, Water bills will increased
3. Increase in interest rates
True. still there is confusion about whether its going to be technical assistance/advise or a fully fledged bail-out. I will not rule out the possibility that something up the sleeves may unfold in the near future. This is just my opinion only.


2 and 3 are definitely going to happen. 2 nd is already started and electricity rate hike will announce shortly.
Last week CB printed several billions. Still government revenue is not enough to pay salaries. If we going to reschedule loans we has to either increase cooperate tax or cut lot of government jobs

16ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 18, 2022 11:40 am

CITIZEN

CITIZEN
Manager - Equity Analytics
Manager - Equity Analytics

samaritan wrote:
rajini wrote:president told he will go for IMF solution. It is not a forecast. It is true. What IMF will suggest

1. Cooperate Tax increase - (8% to 15%)
2. Cut financial support for fuel. - Transportation cost , Electricity bills, AC bills, Water bills will increased
3. Increase in interest rates
True. still there is confusion about whether its going to be technical assistance/advise or a fully fledged bail-out. 
All 3 and more come in time, a senior politician , he knew this and resigned  his post. I don't how technical assistance  for what.

17ASI Back to 9000 levels Empty Re: ASI Back to 9000 levels Fri Mar 18, 2022 12:14 pm

samaritan


Moderator
Moderator

CITIZEN wrote:
samaritan wrote:
rajini wrote:president told he will go for IMF solution. It is not a forecast. It is true. What IMF will suggest

1. Cooperate Tax increase - (8% to 15%)
2. Cut financial support for fuel. - Transportation cost , Electricity bills, AC bills, Water bills will increased
3. Increase in interest rates
True. still there is confusion about whether its going to be technical assistance/advise or a fully fledged bail-out. 
All 3 and more come in time, a senior politician , he knew this and resigned  his post. I don't how technical assistance  for what.
Snr politician???ASI Back to 9000 levels Icon_lol

Back to top  Message [Page 1 of 1]

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