Blue Whale's Diary - 2017

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Fri Sep 08, 2017 5:47 am

Welcome PAT after a long time :D
Value Invest Profit

PAT
Moderator
Moderator
Posts: 6296
Joined: Sun Nov 15, 2015 4:40 pm
Flag: Australia

Re: Blue Whale's Diary - 2017

Postby PAT » Fri Sep 08, 2017 11:28 am

Blue Whale wrote:Welcome PAT after a long time :D


..... ^:)^
Live Today........
Without compromising your ability to Live Tomorrow……… :)

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Tue Sep 12, 2017 7:59 pm

8th September 2017

13 point gain today helped market to end the 1st week of Super September on a higher note. However the MTD position was a marginal negative return for ASPI. Asiri was the highest contributor for the day's gain while CCS, HNB, DIAL , etc joind in.

Turnover was a moderate 688Mn came from over 3,800 trades indicating the activeness of the retailers. Plantation sector stocks continue to gain the investor attention. Foreign purchases exceeds foreign buying by 78Mn.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Tue Sep 12, 2017 8:03 pm

11th September 2017

It was a dull day at CSE where ASPI ended flat. Not much activities happened in terms of big transactions. Turnover fell sharply to 290Mn rupees. However retailers seem active once again pushing the number of trades above 3,000. Lot of activities were seen on LDEV where the stock emerges as a top gainer today.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Tue Sep 12, 2017 8:22 pm

12th September 2017

Market was largely indifferent today in terms of index movement but towards the end it picked up slightly to end five points higher than yesterday. The major highlight for the day was telekom giant Dialog Axiata buying the controlling stake of Colombo Trust Finance PLC from Cargills Bank through a deal worth more than a billion rupee. Dialog paid three times more of the net asset value of Colombo Trust Finance PLC to Cargills Bank in a bid to expand its digital money business. Dialog will be looking to grow volumes of easy cash transactions with the custodian of Colombo Trust Finance PLC who has the license to hold customer deposits,

The days turnover reached Rs2Bn mark thanks to CALF take over deal. Other than that few crossings in Melstacorp, HNB, Commercial Bank etc contributed to the day's turnover. Singer Sri Lanka and Colombo Trust led the gainers' list.

Foreign selling exceeded buying today to the value of 156Mn.

The market in in an oversold region for some time now with key blue chips such as JKH, Commercia Bank, Dialog, etc are in rather defensive mode. I expect the same sentiment to continue in the week while retailers will be chasing behind some of the undervalued plantation stocks.
Value Invest Profit

User avatar
voight
Top Contributor
Top Contributor
Posts: 807
Joined: Sat Jul 23, 2016 4:08 pm
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby voight » Wed Sep 13, 2017 11:42 am

Thanks BW
No tree grows to the sky :-?

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Wed Sep 13, 2017 6:16 pm

13th September 2017

So market came down further, though by a small 4 points. But the market was not lethargic at all due to the strong activities of retailers. Lot of retailers rallied around counters such as MAL, MADU,LDEV, CALF, BFN today. Drop in Dialog and Hemas dragged the market but the retail investors pushed their shares to make the market active for the entire day.

The days turnover reached 627Mn for the day. Total number of trades exceeds 5,500 mainly due to the strong activities in plantation and few other retail fond shares.

Foreigners turned net sellers today worth Rs97Mn.

Today Hayleys announced another acquisition plan by buying Singer (Sri Lanka) @ 47/- rupees per share. We are entering into an interesting era @ CSE but not sure whether the investors realize that at the moment.
Value Invest Profit

Beginner
Member
Member
Posts: 173
Joined: Wed Jul 05, 2017 5:55 pm
Flag: Saudi Arabia

Re: Blue Whale's Diary - 2017

Postby Beginner » Wed Sep 13, 2017 6:20 pm

Blue Whale wrote:13th September 2017

So market came down further, though by a small 4 points. But the market was not lethargic at all due to the strong activities of retailers. Lot of retailers rallied around counters such as MAL, MADU,LDEV, CALF, BFN today. Drop in Dialog and Hemas dragged the market but the retail investors pushed their shares to make the market active for the entire day.

The days turnover reached 627Mn for the day. Total number of trades exceeds 5,500 mainly due to the strong activities in plantation and few other retail fond shares.

Foreigners turned net sellers today worth Rs97Mn.

Today Hayleys announced another acquisition plan by buying Singer (Sri Lanka) @ 47/- rupees per share. We are entering into an interesting era @ CSE but not sure whether the investors realize that at the moment.



Dear BLUE,

Thanks for the information. How is our LDEV run? :))

I am planning to buy SINS below 55/- tomorrow? What do you think? Is it worth at 55/-?

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Wed Sep 13, 2017 9:08 pm

Can buy around 50/- ne.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Thu Sep 14, 2017 6:02 pm

14th September 2017

Market edged up 9 points today thanks to the gains in CTC. However market was active due to increased activities in plantation sector stocks together with few other retail stocks.

The day's turnover reached a low 347Mn however number of trades went up close to 4,800. MASK, MADU, UDPL, BFN were very active today while MAL, LDEV, BALA, BIL were bit silent.

Foreign purchases exceeds foreign sales by 70Mn.

Singer (Sri Lanka) dropped the price after the acquisition announcement. CALF price seems stabilizing after the acquisition.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Mon Sep 18, 2017 9:45 am

15th September 2017

The week ended with a positive note where ASPI closed up 21 points. Blue chips such as Commercial Bank, JKH, LOLC, etc as well as CFLB group stocks heavily contributed to this gain. LDEV was the star for the day. LDEV gained by 28% with over 5Mn stocks changed hands. The LDEV momentum speeded to other stocks of the same group making the stock prices of CFLB, LCEY as well as KOTA rising to new recent highs.

The day's turnover reached 11Bn today thanks to the takeover of Singer (Sri Lanka) by Hayleys. However the strong retail activities too helped the market to be active. Total number of trades exceeds 6,500, one of the highest for a day in the recent past.

Net foreign sales recorded almost 11Bn due to the selling out in Singer (Sri Lanka) stake.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Mon Sep 18, 2017 10:13 am

This little thread has reached 20,000 hits now. I am so amazed that it has this much of views. Great. :D
Value Invest Profit

User avatar
GB
Top Contributor
Top Contributor
Posts: 948
Joined: Fri Aug 26, 2016 3:23 pm
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby GB » Mon Sep 18, 2017 10:23 am

Thank you BW.

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Tue Sep 19, 2017 11:43 am

18th September 2017

The week started on a positive note where ASPI gaining by 7 points. Blue chip counters led by JKH contributed for the market gains. Two telco sector stocks, DIAL & SLTL have also appreciated. Good plantation stocks had a decent run as well. LDEV was dropped due to panic selling following the SEC clarification however recovered to settle around 8/-.

The turnover was a moderate 459Mn for the day. However continued retail activities on plantation sector kept the number of trades above 5,400 level for the day. Plantation sector index and diversified sector index continue to gain ground where plantation sector index close @ 1,018, it is at above 1,000 mark for the second continues day.

Apart from locals foreigners turned bullish as well buying Sri Lanka equities to a net value of Rs 97Mn.
Value Invest Profit

User avatar
voight
Top Contributor
Top Contributor
Posts: 807
Joined: Sat Jul 23, 2016 4:08 pm
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby voight » Tue Sep 19, 2017 2:34 pm

Thanks BW and Congrats on 20,000 hits
No tree grows to the sky :-?

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Wed Sep 20, 2017 5:15 pm

19th September 2017

Market gained momentum within the day and closed the day 18 points up. CCS, HHL, TRAN, LOLC were the main contributors for the market gain. Few intergroup crossing were also effected during the day on Balangoda and Madulsima plantations.

Day's turnover exceeded 1.6Bn. Other than the turnover from BALA & MADU crossings JKH and HNB added significant contribution. Number of trades exceeded 5,000 mark for the third consecutive day @ CSE indicating the activeness of the retailers.

Foreigners turned net buyers again with a net purchase of 130Mn.
Value Invest Profit

User avatar
topcat
Moderator
Moderator
Posts: 2776
Joined: Mon Nov 09, 2015 8:50 pm
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby topcat » Wed Sep 20, 2017 6:20 pm

Thnx blue
"Keep winners, Sell loosers"

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Thu Sep 21, 2017 7:19 am

20th September 2017

Market continue to gain, this time by another 25 points. Activation of main blue chips is a clear good sign. JKH was up with relatively large volume traded. Commercial Bank the country's leading private bank came back to 140/- range. However market gains were maid by good price appreciations in Dialog, Commercial Bank, MELS, Cargills and CCS. Dialog is seen attractive by institutional investors following their acquisition of CALF last week.

Market turnover hit 1.5Bn again with total number of trades exceeding 5,000 mark for the fourth consecutive session. JKH contributed 785Mn while Commercial Bank chipped in with 460Mn.

Foreigners turned bullish once again with a net inflow of 557Mn. Foreigners were very active on JKH as well as Commercial Bank.

Market RSI has improved and stands @ 56 now after stayed in the oversold region for over a month since the beginning of August. Seems super September is working perfectly for investors @ CSE this year.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Thu Sep 21, 2017 8:06 pm

21st September 2017

Market displayed a kind of roller coaster pattern today finally ending the day down marginally. The decline in key blue chips such as Commercial Bank, HNB, LOLC, HHL etc made the market down however the impact was neutralized largely through the gains in CTC.

Total turnover was a moderate 541Mn came through 4,500 trades. Retailers got active once again in the stocks of LDEV, SFL, CSD, etc.

Foreigners turned net buyers once more with a net purchase amounting to 54Mn.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Sun Sep 24, 2017 7:34 pm

22nd September 2017

Market ended the week in a negative note oppose to how it has started the week. ASPI lost 24 points for the day. However ASPI gained 25 points for the week. JKH was the largest negative contributor for the day with Commercial Bank, Cargills, Nestle, ect dropping as well.

Turnover was a very poor 218Mn in the absence of notable foreign participation. Locals were very active though in their favorite stocks making the day's total number of trades exceed more than 4,000. Though foreign activities were very low a net foreign purchase of 31Mn was recorded.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Wed Sep 27, 2017 5:27 am

25th September 2017

Market started with a negative note today. ASPI dropped by 15 points on account of drops in key blue chips such as JKH, Nestle and HNB. The showed interest in JKH seems diminished for some reason. Sometimes the current conflicting situation between N.Korea and USA could have a weight on otherwise possible foreign investments to JKH. Plantation stocks with possible attractive earnings were in strong demand for the day as well. Malwatte, Lankem Developments, Madulsima, Balangoda, etc seen good demand.

Market turnover was a moderate 794mn came through over 4,300 trades indicating the strong presence of retail interest in the market. The highest turnover came from JKH with On'Ally coming second. Renuka Capital bought 23% of On'Ally and made it an associate today.

Foreign sales exceeded foreign buying by 59Mn.

Market seems sliding back towards the lower band of RSI neutral stage. A good spirited activity in blue chips is very much required to prevent it falling back to oversold region.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Wed Sep 27, 2017 5:37 am

26th September 2017

Market was dropping for the first two hours but picked up thereafter to end the day on a positive note. ASPI ended the day gaining 7 points. Carsons, Commercial Bank, CCS, JKH, etc added some positive stimuli for the market. However fireworks came from plantation stocks in the likes of Malwathe, Lankem Developments, Hapugasthenna and Balangoda.

Turnover levels reach a moderate 532Mn came through close to 7,000 number of trades the highest we saw for a day in recent times. This is mainly due to retailers chasing behind my favorite as well as the most undervalued plantation sector stocks.

Foreign sales exceeded foreign buying by 54mn. This is the second consecutive day of net foreign outflow seen @ CSE.
Value Invest Profit

Nemo
Junior Member
Junior Member
Posts: 35
Joined: Fri Apr 07, 2017 8:28 pm
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Nemo » Wed Sep 27, 2017 5:46 am

Thank you BW! Love reading your daily reports as always! :)

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Wed Sep 27, 2017 7:52 pm

27th September 2017

ASPI closed unchanged for the day however lot of activities took place. Richard Pieris, LOLC, SLT, BIL, etc registered positive contributions towards market green where as CTC, Hemas, Commercial Bank registered negative contributions towards market red. Plantation sector stocks went to backward seat today due to profit taking while retailers shifted the funds towards another new set of stocks such as RICH, BIL, FLCH, ASIY, CTBL, etc.

The day's turnover stood at satisfactory 738Mn with the highest number of trades for a day for 2017 so far achieving. Today's number of trades recorded at 7,973. Out of this trades top five trades came from RICH, LDEV, CTBL, MAL and MADU all of which has good connection to plantation sector. Morissons was the highest contributor for the day's turnover due to a crossing of 151,555 shares at a price of 826/- per share.

Foreign activities were less today however a net foreign inflow of 87Mn was recorded.

In the absence of institutional and big foreign activity in the market the retailers are driving the market at the moment. The rise of the plantations sector from the ashes has awaken many of them otherwise would have been dead and buried long time ago.

God bless our retailers and CSE as a whole :ympray:
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7446
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: Blue Whale's Diary - 2017

Postby Blue Whale » Thu Sep 28, 2017 5:37 pm

28th September 17

ASPI was bullish for the entire day thanks to the fireworks by our retailers. LION, CCS, COMB, etc were the main contributors for market green today. However the market liveliness came from retail stocks such as LDEV, MAL, ECL, CTBL, LCEM, etc.

Total turnover was a respectable 801Mn came through more than 5,800 trades. The highest activities came from CTBL, ECL, LDEV, ASIY, and MAL.

Foreigners turnout to be net buyers for the day with a net purchase of 110Mn for the day.

I expect more fireworks from retail specific stocks, the existing ones as well as some new ones.
Value Invest Profit


Return to “Stock Market Talkz”

Who is online

Users browsing this forum: No registered users and 4 guests