CSE - ASI - The way forward

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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:56 am

Last but not least, the list below indicate shares that had 6% to 10% decline during 2017.

6to10pct negative Shares in 2017.png
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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 11:59 am

This is a new assignment anyone wishes to accept it.
appreciate new members could take part in it.
a simple process if they like to come forward and share your time with TEC for the benefit of all of us :)
Price is what you pay. Value is what you get.”

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Re: CSE - ASI - The way forward

Postby Xmart » Sat Jan 13, 2018 9:18 pm

Years without a proper direction and ranging between 6200- 6700. Sooner than later upward breakout need to be taken place.

The best time not to give up is when you feel like giving up. So, 2018 would be the year, if not who cares even if it will happen in 2028. Build a strong portfolio and let the management to drive the business and equity value for you.

Thanks
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Re: CSE - ASI - The way forward

Postby nuwandwo » Sat Jan 13, 2018 10:19 pm

SHARK wrote:This is a new assignment anyone wishes to accept it.
appreciate new members could take part in it.
a simple process if they like to come forward and share your time with TEC for the benefit of all of us :)


Hi Shark,

I will do it , can you please share your excel with me. What should i maintain ? Closing day prices of each stock ? ( day or weekly)

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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 13, 2018 10:44 pm

thanks nuwan.
monthly/quarterly should be ok

thats every last day of the month closing price or end of each quarter.

for this you can use atrad, trade summary report in report header.
and convert it to excel.

will share the excel file shortly.

its fun when we know what shares have gained/declined
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Re: CSE - ASI - The way forward

Postby PAT » Sun Jan 14, 2018 1:36 am

Thanks Shark for the tireless work and

nuwa for accepting Shark request to continue the task........ :-bd
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Re: CSE - ASI - The way forward

Postby nuwandwo » Sun Jan 14, 2018 7:20 am

SHARK wrote:thanks nuwan.
monthly/quarterly should be ok

thats every last day of the month closing price or end of each quarter.

for this you can use atrad, trade summary report in report header.
and convert it to excel.

will share the excel file shortly.

its fun when we know what shares have gained/declined


Yes .. already downloaded data from atrad from Jan 2 to 12 ( daily) , anyway got an account in CSE as well. I can maintain two trackers , one for closing day prices & one for daily volumes for all the companies . :-?

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Re: CSE - ASI - The way forward

Postby SHARK » Sun Jan 14, 2018 9:38 am

An email has been sent with attachment.
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Re: CSE - ASI - The way forward

Postby nuwandwo » Fri Jan 19, 2018 11:44 pm

HI Shark & Others ,

I have formulated a price & volume tracker ( daily - based on closing day prices ) , i can circulate the tracker every week along with some dashboard screenshots as stated below. ( Will move to a new thread .. Please suggest a topic name). At the same time , guys if you found any mismatches in my data , please do correct me & please suggest some methods to track volume appreciated counters as well. ( already have data)

ASI Movement

ASI.JPG


Price Up Counters

Up.JPG


Price Down Counters

Down.JPG


Attachment -

https://drive.google.com/file/d/15bEgvV ... sp=sharing
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Re: CSE - ASI - The way forward

Postby newer1 » Sat Jan 20, 2018 12:33 am

Good work nuwandwo and Thanks for your Hard working
Keep it up
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Re: CSE - ASI - The way forward

Postby matrix » Sat Jan 20, 2018 5:59 am

Super work nuwan
Stuck in a generation where LOYALTY is just a tatoo, LOVE is just a quote & lying is the new TRUTH

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Re: CSE - ASI - The way forward

Postby SHARK » Sat Jan 20, 2018 10:04 am

This is fantastic work nuwan.
moving to another special thread will maintain its uniqueness and able to access easily for those interested.
appreciate your time and initiative.

how about keeping another thread on the 52W Lows and Highs.
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Re: CSE - ASI - The way forward

Postby Blue Whale » Sat Jan 20, 2018 9:06 pm

Very good intention by nuwan. Hope that you can carry on . TEC requires new members to take part. :ymhug:
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Re: CSE - ASI - The way forward

Postby sashimaal » Thu Feb 08, 2018 2:58 pm

Near 10k trades ! Great day for the CSE \m/ :-bd
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Re: CSE - ASI - The way forward

Postby Blue Whale » Thu Feb 08, 2018 3:02 pm

sashimaal wrote:Near 10k trades ! Great day for the CSE \m/ :-bd


Thanks to retail crowd :ymapplause: :-bd
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Re: CSE - ASI - The way forward

Postby stocks hunter » Fri Feb 09, 2018 7:30 am

Can we find out super shares for 2018 out of the list. SFS is leading for the moment & others to follow.

I have highlighted couple of shares that have the potential for a go if supported by the results..
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Re: CSE - ASI - The way forward

Postby Blue Whale » Fri Feb 09, 2018 8:59 am

CSEC, LDEV & CFIN will have good chance. Plus don' t forget the three big commercial banks as well.
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Re: CSE - ASI - The way forward

Postby PAT » Fri Feb 09, 2018 1:54 pm

stocks hunter wrote:Can we find out super shares for 2018 out of the list. SFS is leading for the moment & others to follow.

I have highlighted couple of shares that have the potential for a go if supported by the results..


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

Postby SHARK » Fri Feb 09, 2018 8:41 pm

JINS, BFN, SHL shown great strides in 2018.
With Just 1 month into the year.

Can we find other shares that can give similar or excess return of this size !

What is the criteria that should be used to find those GEMs hidden underneath.

The sentiment is changing positively for sure, thats very important.

As Investors we like to see the reforms to get accelerated into action, the SEC draft act is tabled in parliament that should be passed in March this year at least.
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Re: CSE - ASI - The way forward

Postby stocks hunter » Fri Feb 09, 2018 9:13 pm

SHARK wrote:JINS, BFN, SHL shown great strides in 2018.
With Just 1 month into the year.

Can we find other shares that can give similar or excess return of this size !

What is the criteria that should be used to find those GEMs hidden underneath.

The sentiment is changing positively for sure, thats very important.

As Investors we like to see the reforms to get accelerated into action, the SEC draft act is tabled in parliament that should be passed in March this year at least.


How about LDEV/MAL/MHDL/RIL ?

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Re: CSE - ASI - The way forward

Postby stocks hunter » Sun Feb 11, 2018 9:45 pm

FOREIGN INVESTMENT: CSE RECORDS STRONGEST EVER START IN 2018 - CSE OFFICIAL

Record breaking foreign investment in the Sri Lankan stock market has continued into 2018, with Rs. 4 billion in net foreign purchases during January – a new record for the first month of any given year.

The month recorded Rs. 10.7 billion in foreign purchases in the market, while foreign investors made sales worth Rs. 6.7 billion, which has established a record breaking start to the year in terms of net foreign purchases.

In this interview, the Head of Market Development at CSE, Niroshan Wijesundere discusses foreign investor participation in the market and the investment climate.

Q: There are signs of the foreign investor interest in the market continuing in 2018. Can you comment on this?

A: Foreign investors indicated a renewed interest in Sri Lankan stocks in 2017 with record breaking purchases worth Rs. 112 billion, and we have seen that momentum continue into 2018 as well.


Niroshan Wijesundere

The level of interest we have seen within the very first month of the year is quite encouraging and indicates that Sri Lankan stocks remain attractive to foreign portfolio investors, especially those with investment interests infrontier markets.

What is particularly encouraging is that the level of foreign buying we have seen in 2017 and in the early parts of this year mark a sharp reversal from 2015/16, during which we saw significant fund outflows.

Present developments give us a reason to believe that Sri Lanka at the moment is viewed as a market with considerable growth potential, which is vindicated by the substantial level of foreign investor interest we have experienced in recent times.

Q: What have been the driving forces behind this interest?

A: Attractive valuations with the market Price Earnings Ratio at 10.69 even at present – one of the lowest in the region, encouraging performance among listed companies, an improving macroeconomic outlook and a strong value-driven investment case have contributed to foreign investors placing their confidence in Sri Lankan Stocks.

We were most recently mentioned on the Wall Street Journal as the most attractive frontier market in comparison with 11 other countries, according to a model presented by the Citi Bank.

The model looked at six key metrics such as earnings momentum, price momentum, valuation, macro growth and imbalances and monetary policy – the fact the Sri Lanka topped this list gives some great perspective into the value proposition the market offers at present.

Vietnam and Bangladesh, who you could say are our direct competitors being other Asian frontier markets were covered on the model as well along with countries such as Argentina, Egypt, Nigeria, Romania and others.

Positive developments such as noticeable improvements in the gross official reserves, flexible exchange rate management, a recovering Balance of Payments position, strong FDI numbers and fiscal consolidation have contributed to an improvement in the macro-economic outlook, which is certainly important when attempting to attract foreign investment to the market.

There have also been the odd one-off factors such as Pakistan achieving emerging market status mid last year and more funds moving into Sri Lanka as a result of portfolio rebalancing.

On the other hand, while positive local developments have definitely served us well, a supportive global backdrop for Asian stocks and frontier markets in 2017 where we have seen an influx of funds to Asia has helped channel foreign investment to the CSE.

Q: How responsive are Sri Lankan stocks to developments in more matured global markets?

A: The Sri Lankan stock market has over the years been quite unique, in the sense that it has had a low correlation with developed and emerging markets and their trends.

This has been something that many analysts have noted in the past, and certainly gives us an interesting selling point considering that funds that generally look at frontier markets look for diversification opportunities. The fact that we are very much local in character has worked towards our advantage.

As we speak global markets are facing a sell-off, with even most regional indices in Hong Kong, Vietnam, Korea, India and Malaysia sharply declining within the past few days.

The impact that this sell-off has had on Sri Lanka, at this point, has been minimal, where we are still in a positive returns position in terms of both indices when compared to how we started 2018.

There is a strong reason to believe that the Sri Lankan stock market is based on local driving forces and the performance of our listed entities, rather than global market related developments. This has in the past resulted in foreign investors buying into Sri Lankan stocks at a time when on a global scale, the trend points to investors moving out of equities and focusing more on fixed income.

Q: What impression do these foreign inflows make on a more macro scale?

A: Foreign inflows certainly do have a positive impact on the Balance of Payments as witnessed in 2017, which was also acknowledged by the Central Bank.

Increased international interest in the Stock Market would lead to a broader focus on the country as a whole, and would benefit the Sri Lankan economy and listed companies in their bid for growth. A stock market that attracts foreign investors has the potential to be perceived as a sign of strength, and of a market-friendly environment – especially in the context of an emerging country such as Sri Lanka.

Recent developments in the Sri Lankan stock market in the foreign investment front would, therefore, be certainly encouraging, even to FDI investors that are considering investing in Sri Lanka.

As I said, macro-economic factors always come under close consideration when foreign investors look at investing in a particular stock market, and the fact that foreign investors are maintaining an interest in Sri Lankan stocks indicates that they remain optimistic on the way forward for the country.

Healthy levels of foreign investor interest, therefore, is somewhat an endorsement of the progress being made in a macro sense and of the socio-economic reforms that are being implemented.

Q: How does the CSE intend to sustain this level of interest?

A: We are constantly engaging the foreign investor community in key markets to create awareness on the buying opportunity in Sri Lankan stocks and the attractive value proposition.

The Invest Sri Lanka capital market promotion took place in Australia, New Zealand and the USA in 2017 after a lapse of a year and we did have encouraging results.

We will look at engaging some key markets through the Invest Sri Lanka brand this year as well and the Securities and Exchange Commission of SL (SEC) has played an important role in these fora by co-organizing the initiatives.

We also position the stock market at foreign investment focused forums and business conclaves hosted by neutral organizations both in Sri Lanka and around the world.

Stock Brokers also do engage foreign investors constantly and conduct their own promotional efforts and play a significant role in securing foreign investment into the Sri Lankan market.

What we are also now looking at, is to create awareness on Sri Lankan stocks in non-traditional markets, similar to what we did in Australia in 2017, which I must say, was a considerable success with 2017 recording an all-time record in foreign purchases by Australia in CSE’s history.

We will, therefore, look to make our investment case in new markets and also look to capitalize on unique bilateral developments such as the signing of trade agreements and celebration of diplomatic relations between Sri Lanka and countries with a strong investor presence or potential.

In the long run, an upgrade to the emerging market classification would expand our scope in generating foreign investments into the market as it would open up the market to a wider base of portfolio investors.

Substantial developments in terms of market size and liquidity need to be achieved in this regard, supported by macro-economic developments and improvements to market infrastructure.

While this is certainly an objective we are working on, factors such as the listing of large state-owned enterprises, a healthy, positive economic outlook and sustained political stability which are largely external factors, need to work in the market’s favor for an emerging market status to be achieved.

Q: Finally, how can this foreign interest be used to encourage local investors?

A: Foreign investors have certainly been quick to move on the buying opportunity Sri Lankan stocks have presented since 2017and this makes a strong case for improved involvement among local institutional and individual investors as well.

The opportunity has always been available for both local and foreign investors and is still on the table. The onus is on the local investors to engage in the market and benefit from its value proposition.

We as an exchange will work on creating the awareness on these opportunities both among existing and new local investor segments.

The CSE in partnership with the SEC and other stakeholders are working on a concentrated effort to create awareness among both local retail and institutional investors.

Approximately 350 awareness and education programs will be conducted through the CSE branch network focused on retail investors this year and we will also continue to collaborate with the SEC for the ‘Kotas Welandapola Nagarayen Nagarayata’ series, with Regional Investor Days in Panadura, Batticaloa, Bandarawela, Kurunegala, Embilipitiya and Anuradhapura.

The series which was held in five towns around the country in2017 drew a keen interest among locals, especially new investors who have not been associated with the market before. Likewise, we aim to reach out to non-traditional markets around the country with the objective of expanding our retail base.

As for institutional investors and high-net-worth investors (HNI), we will continue with the research presentation series conducted with the Colombo Stock Brokers Association (CSBA) presenting investment research on companies featured on the S&P SL 20 Index this year as well and we will look to engage the large state institutional funds on an individual basis to present the investment case for stocks.

Attractive valuations and the value proposition I mentioned earlier offers us a good opportunity to reactivate the local HNI and Institutional segments of our market through creating awareness.

We, therefore, look forward to the support of capital market stakeholders including stock brokers and unit trust management companies in in this awareness drive, and invite all local investors to consider what is presently a good opportunity to engage and benefit from the stock market

http://www.sundayobserver.lk/2018/02/11 ... e-official

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Re: CSE - ASI - The way forward

Postby stocks hunter » Mon Feb 12, 2018 9:43 am

Tightly hold on to your shares. Future is going to be great to the CSE.

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Re: CSE - ASI - The way forward

Postby senarath67 + » Mon Feb 12, 2018 9:55 am

Thank you SH.

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Re: CSE - ASI - The way forward

Postby SHARK » Mon Feb 12, 2018 10:00 am

Thanks SH.
Lets see how the week will end ......

With Ruling coalition is ready to carryout certain changes, we will have to see the impact this will weigh on CSE.
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Re: CSE - ASI - The way forward

Postby prasa2004 » Mon Feb 12, 2018 10:07 am

This will be reality if the news correct where president given go ahead for UNP Gvt. Then results are blessing in disguise

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