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CSE Retailers EXIT and FOREIGNERS buying????

2 posters

Go down  Message [Page 1 of 1]

ONTHEMONEY


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

Hi all,


It looks like the local retail community is bitting the bullet while foreign buyers are active. It is wise to have a refreshed approach in equities at this moment IMO

The CSE would be attractive investment for me due to following evaluation;

1. Interest rates keep falling though there are ad-how jumps (CBSL Governor expects it to come down to single digit by end 2023)

2. India and China as as money lenders MUST agree to terms given the context to GET BACK at least capital they gave SL. No CREDITOR would like to loose 100% money lent. Hence, IMF is due for a certain fact.

3. Growing REMITTANCES via Banks is massive with number of people flew for jobs in last 6 months

4. China opening country driving new GLOBAL demand and hotels are being on demand with Chinese 

5. HOTELS FULLY BOOKED till APRIL~MAY in most of the top hotels(Cinnamon, Aitken Spence, etc). For the month of Jan $160Mn inflow from Tourism in which $ 1.5 billion is a sure fact for 2023

6. Increased GOV. TAX means LOWER burden on money printing and FISCAL consolidation. 

7. CSE returns are NOT TAXED🔥(only asset class in SL NOT taxed under PAYEE)

8. A lot of Companies might be on SALE in CSE increasing trading and activity. AAIC, LHCL and SLT are few on the cards now. There can be many. Foreigners are chasing JKH,SPEN and NTB


9. Postponed LG elections is a lucky one happened for SL at this juncture considering political and economic policy consistency ahead of IMF and various negotiations. 

I expect from much more economic returns from RW specially after 2Q23 on top on interest rate reductions to public 


Good Luck


NOTE - NOT a BUY/SELL or HOLD RECOMMENDATION

Beyondsenses likes this post

ONTHEMONEY


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

Hi all


It is extremely important to assess the MACRO FUNDAMENTALS in a market like this. 


The market SWINGS to news but it is vital catch the DIRECTION of the economy and policies. The SWINGS may be purposefully done by the brokers for the bread and butter in some cases


I see most of the above explanations as per the read news and researched proven to be right


Good Luck

blindhog likes this post

blindhog


Senior Equity Analytic
Senior Equity Analytic

Spot on. Some prices should adjust to forward earnings. I can smell it by looking at bond market.

ONTHEMONEY likes this post

ONTHEMONEY


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

Hi all,

Have to correct item no 7. 


CSE Returns are exempted from TAX. As everyone aware, DIVIDEND is taxed @ 15%. Therefore, only CAPITAL GAINS are exempted from TAX


All members can correct if anything is wrong 


Thank you

ONTHEMONEY


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

Hi all,

Just remember the name ONTHEMONEY CSE Retailers EXIT and FOREIGNERS buying???? 1f600 


I am sure all who read this would be enjoying bag full of returns 


Good Luck




Hi all,


ONTHEMONEY wrote:It looks like the local retail community is bitting the bullet while foreign buyers are active. It is wise to have a refreshed approach in equities at this moment IMO

The CSE would be attractive investment for me due to following evaluation;

1. Interest rates keep falling though there are ad-how jumps (CBSL Governor expects it to come down to single digit by end 2023)

2. India and China as as money lenders MUST agree to terms given the context to GET BACK at least capital they gave SL. No CREDITOR would like to loose 100% money lent. Hence, IMF is due for a certain fact.

3. Growing REMITTANCES via Banks is massive with number of people flew for jobs in last 6 months

4. China opening country driving new GLOBAL demand and hotels are being on demand with Chinese 

5. HOTELS FULLY BOOKED till APRIL~MAY in most of the top hotels(Cinnamon, Aitken Spence, etc). For the month of Jan $160Mn inflow from Tourism in which $ 1.5 billion is a sure fact for 2023

6. Increased GOV. TAX means LOWER burden on money printing and FISCAL consolidation. 

7. CSE returns are NOT TAXED🔥(only asset class in SL NOT taxed under PAYEE)

8. A lot of Companies might be on SALE in CSE increasing trading and activity. AAIC, LHCL and SLT are few on the cards now. There can be many. Foreigners are chasing JKH,SPEN and NTB


9. Postponed LG elections is a lucky one happened for SL at this juncture considering political and economic policy consistency ahead of IMF and various negotiations. 

I expect from much more economic returns from RW specially after 2Q23 on top on interest rate reductions to public 


Good Luck


NOTE - NOT a BUY/SELL or HOLD RECOMMENDATION

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