CSE - ASI - The way forward

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Re: CSE - ASI - The way forward

Postby stocks hunter » Wed Nov 15, 2017 9:56 am

There is no reason mkt to come down like this. Foreigners are buying & high networth are buying . Only retailers are worring here..

Lost opportunities ......

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Re: CSE - ASI - The way forward

Postby Cseinvester » Wed Nov 15, 2017 10:07 am

im agree with you Stocks hunter. there is no reason to down like this.. only panic sellers create opportunities ....

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Re: CSE - ASI - The way forward

Postby stocks hunter » Wed Nov 15, 2017 10:20 am

The only major factor is the SAMP rights issue. Lots of investors need cash to invest SAMP rights which are attractivly priced. Even captans are selling JKH it seems to subscribe SAMP rights. Retailers should not carried away with these things & hold on to your valuable shares.

Today is the last day to apply for SAMP rights .

Dont forget we had experienced bad days like having SGT/CGT soon after a budget in 2015 & even that time mkt came down only towards ASI 5800 levels.

Use your brain & don’t get carried away with ASI movements.

Tx

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Re: CSE - ASI - The way forward

Postby Cseinvester » Wed Nov 15, 2017 10:24 am

thanks SH im agree with you ..

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Re: CSE - ASI - The way forward

Postby helloworld » Wed Nov 15, 2017 10:30 am

From CT
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Re: CSE - ASI - The way forward

Postby stocks hunter » Thu Nov 16, 2017 1:58 pm

stocks hunter wrote:The only major factor is the SAMP rights issue. Lots of investors need cash to invest SAMP rights which are attractivly priced. Even captans are selling JKH it seems to subscribe SAMP rights. Retailers should not carried away with these things & hold on to your valuable shares.

Today is the last day to apply for SAMP rights .

Dont forget we had experienced bad days like having SGT/CGT soon after a budget in 2015 & even that time mkt came down only towards ASI 5800 levels.

Use your brain & don’t get carried away with ASI movements.

Tx


SAMP rights last day yesterday. Today mkt is up..

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Re: CSE - ASI - The way forward

Postby newer1 » Wed Nov 22, 2017 6:08 pm

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Re: CSE - ASI - The way forward

Postby sashimaal » Wed Nov 22, 2017 9:27 pm

Yes great to hear ! Thanks for sharing newer1

newer1 wrote:http://www.economynext.com/Foreign_investment_in_Sri_Lankan_stocks_hit_all_time_high_in_2017-3-9224-3.html
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Re: CSE - ASI - The way forward

Postby newer1 » Fri Nov 24, 2017 11:53 pm

ASI is in Accumulation Phase in MT-LT and in downward Channel in ST as a Correction of Prior trend from March to July. ASI was 6612 on 23rd.oct and it is 6412 on today. So ASI has dropped By 200 points for a month which is 3%. I am expecting Some support @ 6350( 50% FIb Level) and if Failed It may drop upto 6275( 61.8% FIB Level) where we may get very good support level and bounce back. We are in year end period and Keep below one in Mind as well.
DON'T BE PANIC AND BE PATIENCE
Foreign investment in Sri Lankan stocks hit all-time high in 2017
ECONOMYNEXT – Foreign investment in Sri Lankan companies listed on the Colombo Stock Exchange in 2017 has hit an all-time high during a year, with Rs105.1 billion in foreign purchases so far this year, passing the record Rs104.7 billion in 2014. :ymparty:
.
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Re: CSE - ASI - The way forward

Postby Zinoz » Sat Nov 25, 2017 3:41 am

Are we not taking the USD depreciation ?
in 2014 USD was at 130Rs range
Now it is above 150Rs

Investment in USD
2014 was around 800 Million $
2017 is around 686 Million $

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Re: CSE - ASI - The way forward

Postby yellow bird » Sat Nov 25, 2017 6:51 am

You have to consider around 500 million $ one off outflow due to DP purchase of Singer. Without that this has been a record year.

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Re: CSE - ASI - The way forward

Postby pepper123 » Sat Nov 25, 2017 9:18 pm

newer1, appreciate your technical analysis

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Re: CSE - ASI - The way forward

Postby newer1 » Fri Dec 29, 2017 5:35 pm

newer1 wrote:ASI is in Accumulation Phase in MT-LT and in downward Channel in ST as a Correction of Prior trend from March to July. ASI was 6612 on 23rd.oct and it is 6412 on today. So ASI has dropped By 200 points for a month which is 3%. I am expecting Some support @ 6350( 50% FIb Level) and if Failed It may drop upto 6275( 61.8% FIB Level) where we may get very good support level and bounce back. We are in year end period and Keep below one in Mind as well.
DON'T BE PANIC AND BE PATIENCE
Foreign investment in Sri Lankan stocks hit all-time high in 2017
ECONOMYNEXT – Foreign investment in Sri Lankan companies listed on the Colombo Stock Exchange in 2017 has hit an all-time high during a year, with Rs105.1 billion in foreign purchases so far this year, passing the record Rs104.7 billion in 2014. :ymparty:
.

still around @ 6350 and Technically going in good way.
need to see closely and even though ASI go up, it may have big resistance at 6500- 6520.
need to break that level to confirm begining of new trend.
Hope for the Best in dawning new year.
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Re: CSE - ASI - The way forward

Postby newer1 » Tue Jan 09, 2018 8:39 pm

newer1 wrote:
newer1 wrote:ASI is in Accumulation Phase in MT-LT and in downward Channel in ST as a Correction of Prior trend from March to July. ASI was 6612 on 23rd.oct and it is 6412 on today. So ASI has dropped By 200 points for a month which is 3%. I am expecting Some support @ 6350( 50% FIb Level) and if Failed It may drop upto 6275( 61.8% FIB Level) where we may get very good support level and bounce back. We are in year end period and Keep below one in Mind as well.
DON'T BE PANIC AND BE PATIENCE
Foreign investment in Sri Lankan stocks hit all-time high in 2017
ECONOMYNEXT – Foreign investment in Sri Lankan companies listed on the Colombo Stock Exchange in 2017 has hit an all-time high during a year, with Rs105.1 billion in foreign purchases so far this year, passing the record Rs104.7 billion in 2014. :ymparty:
.

still around @ 6350 and Technically going in good way.
need to see closely and even though ASI go up, it may have big resistance at 6500- 6520.
need to break that level to confirm begining of new trend.
Hope for the Best in dawning new year.

:-??
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Re: CSE - ASI - The way forward

Postby Xmart » Tue Jan 09, 2018 10:33 pm

there is only one way possible now, its up! there are many heavily beaten down counters with a superb outlook. just accumulate them slowly without going after crapy shares which are pumped- dumped. having a strong portfolio would make you a winner and ASI stable.
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Re: CSE - ASI - The way forward

Postby Blue Whale » Tue Jan 09, 2018 10:38 pm

Xmart wrote:there is only one way possible now, its up! there are many heavily beaten down counters with a superb outlook. just accumulate them slowly without going after crapy shares which are pumped- dumped. having a strong portfolio would make you a winner and ASI stable.

The way to go :-bd The real truth I have been kept on stressing for some time now. See the foreign activity within the first six days I think that is the best testimony to show where are we heading ;)
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Re: CSE - ASI - The way forward

Postby newer1 » Thu Jan 11, 2018 12:19 am

As expected By me ASI was resisted @ 6545 this time. So I expect that ASI may not run more than that level this time. so ASI may drop again and may have very good support level @ 6270- 6240 level( later part of March). from that point we may get good bounce and ASI may start good run towards 6800 while giving good support to celebrate New year to all of us.
This is my Personal opinion only and I may be completely Wrong in my Analysis.
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Re: CSE - ASI - The way forward

Postby Blue Whale » Thu Jan 11, 2018 7:17 am

Hmm from 6500 to 6270. Can we identify the root causes for this fall. What should be the contribution of the market heavyweights. What impact the local elections will have on the index. Will the interest rates move the other way. What will happen foreigners continue their love with CSE, currently they were net buyers for 7/7 market days of 2018 so far. What kind of impact the quarterly results can have.
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:23 am

Worst 30 Shares in 2017.png


This is the worst 30 shares in CSE to have owned in 2017. (Latest update)
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Re: CSE - ASI - The way forward

Postby PAT » Sat Jan 13, 2018 11:27 am

Thanks Shark.....
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:29 am

Best 35 Shares in 2017.png


The Best 35 shares in 2017.
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:33 am

Share price movement within 5% +/- during 2017.

5pct Tolerable Shares in 2017.png
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:39 am

This is the 2nd 30 Worst shares to have owned during 2017.

2nd Worst 30 Shares in 2017.png
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:45 am

The list indicate the 2nd tier shares that performed second best during 2017.

2 Best Shares in 2017.png
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:55 am

The 3rd worst 35 shares in 2017.

3rd Worst 35 Shares in 2017.png
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