quote:
"Those who are selling at current levels are surely making a mistake, It's time to hold or buy" - Cabraal -
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
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Kipling, There is a misconception of the potential of the conglomerate LOLC group, probably due to inadequate awareness of their global presence. In my opinion as at present they are well positioned with the necessary backing to reach the pinnacle of success. We may witness tremendous progress by the group in one year's time. This is my view but i agree that the rally must be broad based for a sustainable market growth.Kipling wrote:Samaritan
A major bounce back certain & soon. However this time rally must be broad based & especially focused on companies that had posted solid earnings, earning growth & earning trend reversal. Over focus on the 3 musketeers (lolc brwn Bil) will return us to square one again.
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samaritan wrote:ANC's recommendations are based on improved Corporate performance, low PER and future prospects (Investments into Port City) etc. Also, some talk about the quarterly reports which is not necessarily going to give a clear picture of what the future holds for the particular entity. Past is not a predictor of future and stock markets are basically futuristic in nature.
For example JKH's fair value should be low if past quarterly report is relied upon to make an investment decision. Decision should heavily weigh based on future prospects, this is my view only.
Let's be honest. ANC was subject to heavy criticism for keeping silent, isn't it???dayandacool wrote:samaritan wrote:ANC's recommendations are based on improved Corporate performance, low PER and future prospects (Investments into Port City) etc. Also, some talk about the quarterly reports which is not necessarily going to give a clear picture of what the future holds for the particular entity. Past is not a predictor of future and stock markets are basically futuristic in nature.
For example JKH's fair value should be low if past quarterly report is relied upon to make an investment decision. Decision should heavily weigh based on future prospects, this is my view only.
Do's : Bring in Strict Laws and regulations to curtail mafia and manipulation and make a level playing field for HNWIs and retailers alike.
Don'ts: Giving brokerage advice being a Cabinet minister
Enacted Firm laws will ensure a transparent market and the market will thrive to greater heights on it's own. (Remember cases like Raj Rajaratnam / Alen Stanford or haven't we all watched the Wolf of Wall street?)
It's just my belief and way of thinking but who the hell am I again?
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samaritan wrote:Let's be honest. ANC was subject to heavy criticism for keeping silent, isn't it???dayandacool wrote:samaritan wrote:ANC's recommendations are based on improved Corporate performance, low PER and future prospects (Investments into Port City) etc. Also, some talk about the quarterly reports which is not necessarily going to give a clear picture of what the future holds for the particular entity. Past is not a predictor of future and stock markets are basically futuristic in nature.
For example JKH's fair value should be low if past quarterly report is relied upon to make an investment decision. Decision should heavily weigh based on future prospects, this is my view only.
Do's : Bring in Strict Laws and regulations to curtail mafia and manipulation and make a level playing field for HNWIs and retailers alike.
Don'ts: Giving brokerage advice being a Cabinet minister
Enacted Firm laws will ensure a transparent market and the market will thrive to greater heights on it's own. (Remember cases like Raj Rajaratnam / Alen Stanford or haven't we all watched the Wolf of Wall street?)
It's just my belief and way of thinking but who the hell am I again?
So, now he has come out to resolve the chaos created by the circular in order to put matters right as the Minister in charge.
In relation to advice i feel its necessary at this juncture to alleviate fears of the investors which may have several reasons. However, the recommendations/advice are substantiated with valid reasoning and that's what matters most.
Enacting firm laws are a must and i strongly agree. But whatever you enact can anyone prevent insider information being passed on to an outsider?
@dayandacool you seem to be having some hot suggestions.
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@dayandacool, don't you think the pandemic was one of the key reasons for the outflow which stock markets in the region too witnessed. I feel there is a silver lining on the horizon as the Norwegian funds investing in NDB in spite of the net outflow. So, let's give it a chance and see the developments that are to take place in the post pandemic era.dayandacool wrote:@samaritan,
Investors (I mean real Investors) both local and foreign already know the facts he stated. He hasn't stated anything of any secrecy. Despite knowing those facts, we have witnessed Rs.100 Billion net foreign outflow beginning from Jan 2020 through stocks and bonds.
First step of correcting something is to acknowledge something is wrong somewhere. Do you honestly think it's as rosy as it's been shown?
You are right, we need to move forward. Instead of moving forward, what we are doing is going on a circle. Yet we sometimes stop and wonder why have we arrived at the same point again and again.
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Good news and lets be positive. I know of some people who sold their shares a week ago have started collecting again.Equityinvestor wrote:Several high networth investors have met ANC today regarding the market. We may see new dialogs coming up and may see some wheels turning. Lets be positive folks. We also have a lot of positive news coming up like port city, currency swap, SEC act etc.
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Last edited by samaritan on Sat Mar 06, 2021 9:41 pm; edited 1 time in total
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dayandacool wrote:samaritan wrote:ANC's recommendations are based on improved Corporate performance, low PER and future prospects (Investments into Port City) etc. Also, some talk about the quarterly reports which is not necessarily going to give a clear picture of what the future holds for the particular entity. Past is not a predictor of future and stock markets are basically futuristic in nature.
For example JKH's fair value should be low if past quarterly report is relied upon to make an investment decision. Decision should heavily weigh based on future prospects, this is my view only.
Do's : Bring in Strict Laws and regulations to curtail mafia and manipulation and make a level playing field for HNWIs and retailers alike.
Don'ts: Giving brokerage advice being a Cabinet minister
Enacted Firm laws will ensure a transparent market and the market will thrive to greater heights on it's own. (Remember cases like Raj Rajaratnam / Alen Stanford or haven't we all watched the Wolf of Wall street?) oh, I forgot. That wasn't in Sri Lanka
It's just my belief and way of thinking but who the hell am I again?
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Perhaps, CSE investors don't want to continue the mistake they made.samaritan wrote:The recent tweets by Minister Cabraal hints a strong market bounce back.
quote:
"Those who are selling at current levels are surely making a mistake, It's time to hold or buy" - Cabraal -
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