Last hurdle is cleared for the CSE to move upwards.

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby topcat » Sat Mar 25, 2017 7:10 am

stocks hunter wrote:Very good discussion going on. Thanks every one & so sorry about my absence here these days.

Keep this in mind. Every coin has two sides. Don't expect mkt to go down like nothing. It won't happen.

Very soon the truth will come out.

:-w

Nice to see you back. Pls keep writing. . :-bd
"Keep winners, Sell loosers"

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby PATHFINDER » Sat Mar 25, 2017 11:05 am

Good points Winner all are correct but the Big question is when?

Oil price formula has to be implemented before end of 2016 as per IMF requirement

I accept that SL fiscal situation is better than earlier but just out of the wood I guess,need good consolidation plan (already have under guidance of IMF) need to act fast.

Actions make world better than words.
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 11:46 am

stocks hunter wrote:Very good discussion going on. Thanks every one & so sorry about my absence here these days.

Keep this in mind. Every coin has two sides. Don't expect mkt to go down like nothing. It won't happen.

Very soon the truth will come out.

:-w
Happy to see you. And take it easy at your work front :ymhug:

do not strain yourself alot.

it should not overtake you ..... :ymdaydream:

keep smiling and relax, health is important than anything else \m/
Price is what you pay. Value is what you get.”

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 11:48 am

if we appoint SH,Path, Value or Blue or Shash ... the market will rock and roll and everyone would be happy and smiling ..... since long time ago
Price is what you pay. Value is what you get.”

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby stocks hunter » Sat Mar 25, 2017 1:42 pm

PATHFINDER wrote:Good points Winner all are correct but the Big question is when?

Oil price formula has to be implemented before end of 2016 as per IMF requirement

I accept that SL fiscal situation is better than earlier but just out of the wood I guess,need good consolidation plan (already have under guidance of IMF) need to act fast.

Actions make world better than words.



Frustration,anger,think of selling all & get rid of the mkt is in all most all retailers mind these days. They wanted to run away from the mkt asap.......... ~x( ~x( ~x(

But....But.... This is what smart investors are awaiting to see in a mkt. They wanted to pick good under valued,high dividend paying,high DY shares in to their basket.

What we should understand is that every dark cloud has a silver lining. So it's the patience that take you to pinnacle in a share mkt.

But when.....? We have already seen the devil. Now people are slowly BUT SURELY understanding the situation. There are some stocks that are trading at rock bottom levels and you can't expect these shares to go down further.(Like...... COCR)Most of shares transferred from weak hands to stronger hands now. :)

That means time is ready to see some green light in the mkt or at least green in some shares like LIOC or GRAN for example..... :|

When mkt was going up in late 2008 to early 2010 period all most 2.5years many benefited. After that we experienced a storm in the mkt and all over valued shares got corrected to their correct values.

Then we experienced minor rallies in the mkt as well as in some shares.

Mkt started it's dormant journey since Jan 2015 and now all most 2.0 years have passed. As path said our fiscal position is better than what it was earlier. SO every thing is ready to commence another upward journey in the mkt.

Hambantota port deal with china & the Sri lankan deal will give us the much needed boost to the country as well as to the mkt. These two will work out in near future and deals are all most confirmed now.

There's no two words. We are heading for a super mkt conditions in a very near future.

:!! :!!

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby topcat » Sat Mar 25, 2017 2:35 pm

Agree SH
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 3:41 pm

Why nobody asking questions about demutualisation, there was an EOI as far back as 2009 .... we are in 2017 .....

Do you need a decade to set things up ......

damned with officials warming the chairs, just jabber about things they want to bring about ......

exactly what Pathfinder mentioned in his earlier post.

no excuses for these people who call themselves ...... experienced old aged .....
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby future123 » Sat Mar 25, 2017 4:41 pm

Honest opinion by CB governor yesterday after announcing the increase in policy rates.

The Yahapalanaya used over US$ 3 billion to defend the rupee and they have failed. Now they don't have reserves to do it and our official reserves are under US$ 5 billion which is a drop from US$ 8 billion in 2015 January.

CB governor said the rupee will gradually depreciate further and the interest rates also would go up gradually. If Yahapalanaya can't sell Hambantota port then we are finished. Everything depends whether we can sell Hambantota Port or not.

Why our politicians are not concentrating in getting FDIs and increase our exports. Unfortunately, after January 2015, FDIs are at record low and exports have declined considerably.

The worst economic management we are seeing now.

Future is very uncertain and scary.

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby stockback » Sat Mar 25, 2017 5:19 pm

I dont see any big issue..

maximum 1% rates can be up.

Budget doing well. then we are safe..

2017 Tourism Earning will be 4.5 Billion USD. 1 Billion increment expecting..

at the same time expected 500 Million USD up from foreign remittance. GSP+ can generate another 700-800 Million USD additionally.

we need now. syndicate loan, USD bond and SOE's and H. pots selling this year.
next year we can look on mattala and Srilankan.

with GSP+ we can expect more FDI's

these days we can see inflow into CSE. samething happen for other parts also.

now we need H.Port and Syndicate loan , USD Bond. (1.2, 700 Millions, 1.5 Billions USD)

without doing these we have a big issue. with these no big problem...

2017 we have to pay.
1.2 Billion USD USd loan re-payment, SLDB 1.8 Billions USD, another 1 nearly Billion USD interest for foreign loans.
alto-gather 4 Billions.

and we are borrowing for projects. 3 Billions USD

PM and FM saying big story but inside we dont have a big issue..

SLDB we can re-bond. 70% already done, we dont have sovereign bond to pay this year ( I think 500 Million USD already gone this year January, I am not sure about it)

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 5:27 pm

Ohhhh no F123 ......

The CB governor did mention about previous regime and how they artificially tried to protect the rupee.
So lets limit our concerns to stock market.

No need to discuss yahapalana, ranil,maithri,arjuna,cabral or mahinda chinthanaya .... in TEC
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 5:30 pm

whether you are SLFP Maithri, SLFP Mahinda or UNP, JVP we dont accept current situation we all are in .....

Market should have done well if not for political meddling by everyone.

Lets voice our concern to stock market reforms .............. and reduce political talks to bare minimum.
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby future123 » Sat Mar 25, 2017 5:52 pm

Shark, I have just written what CB governor told the media yesterday. Did you geta chance to watch it?

He said that we are in a deep trouble if Hambantota port deal doesn't go through. If there is a oil price hike in the global market then we will have very tough time as we have already spent US$ 3 billion in protecting the rupee over last 2 years.

Did anyone watch Hiru or Ada Derana news yesterday to witness CB Governor's statement?

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby topcat » Sat Mar 25, 2017 6:01 pm

Can someone put the link og the video here.. Then no need to argue...
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 6:31 pm

Lets concentrate and identify what are the stumbling blocks holding CSE down........ when other regional markets appreciating ......

And reduce political speeches which has no relevance to TEC nor to its members ......
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby Shadow walker » Sat Mar 25, 2017 6:47 pm

SHARK wrote:Lets concentrate and identify what are the stumbling blocks holding CSE down........ when other regional markets appreciating ......

And reduce political speeches which has no relevance to TEC nor to its members ......


100% agree with you shark...

Dont let politics to divide our forum.. We dont want to see another SLEF here.. :ymdaydream:
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby sashimaal » Sat Mar 25, 2017 7:00 pm

Ones who are not confident can sell shares and put money in some other place.

Scaremongers play the fear game using different props . But one thing is for certain at this point: They will buy shares...for sure !
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby stocks hunter » Sat Mar 25, 2017 7:47 pm

Why our politicians are not concentrating in getting FDIs and increase our exports. Unfortunately, after January 2015, FDIs are at record low and exports have declined considerably.

The worst economic management we are seeing now.

Future is very uncertain and scary.


*Technically why FDIs shows a decrease is not getting Chinese loans. During last regime FDI came to SL by way of these loans.

*This is not the worst economic management. These people are still trying to come out from the worst economic management we had in the country during past couple of years. This Govt is still only 2 + years old & with regard to economic growth they did max during these short period. As SHARK said we have to see things from a clear eye without giving bias to any political party or a leader. What ever said and done this is our country.

*Due to bad economic management we ended up with billions of loans where the return what we are getting from these projects still are almost zero when compared with the monthly installments what we have to pay. This clearly shows the prudent economic management what we had in the past.

*Future is not scary. Always future is uncertain. Nobody can guarantee your life for tomorrow. In Sri lanka we are used to uncertain economic situations. We always lived with uncertainty and we loved to it. That's why we always talked about negatives but not the positives.That's our culture. Our people don't like to work & instead of that like to talk thousand things.

*Future is certain for all of us.Nothing to worry.

But accepted...... this Govt is very slow is executing things...from top to bottom......

:)

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 8:09 pm



carefully listen from 2nd minute onwars of the video where CB governor says, we wasted USD 4 Bil between 8/2011 to 2/2012 and another USD 2 Bil since in 2015 defending Rupee.
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sat Mar 25, 2017 8:19 pm

i want to see capital market development and reform to be fast-tracked. so are we doing enough and more as regulators is the million dollar question that should be asked ......

do we have the right people in the right positions !

leave the politicians...... most have failed o/l and dont worth at all a mentioning .....

happy investing......
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby future123 » Sat Mar 25, 2017 11:35 pm

Thanks Shark for the video.

People have misunderstood. We all need healthy capital market and no one wanted to see prices crashing 50% within 4 months like it happened for COCR, BFN, TESS, LIOC, CFVF, CDB, HEXP, CINV and many others.

Many people promoted COCR even at 70/=. HEXP at 95/=, BFN at 16/=. Just think of the people who bought these shares and the suffering they are undergoing now. I don't buy anything now since I have some shares to sell which are at huge losses.

Tell me one single good thing that this government did for the stock market?

We mustn't be selfish to promote and off load our shares to someone else. God has given more than enough to many critics in this forum.

The heading itself is very wrong and misleading "Last hurdle is cleared for the CSE to move up. This will tempt many innocent investors.

My personal opinion is that the market may go up now to max 6500 points and Ranil or Ravi will make a nasty announcements to destroy the recovery. This was regularly happening and are we so innocent to accept the truth?

The November budget is likely to be bad for the businesses as usual and corporate taxes might be increased significantly.

I know I will be banned or cursed for telling the truth but it's our duty to protect the innocent people who are likely to get caught to the manipulators. CB Governor is telling that interest rates are going to go up and rupee will be depreciated slowly.

Sri Lanka is the only country in the world who see borrowing money as a good news and selling national asset as a good decision. We are going to get over US$ 2 billion loans to strengthen the reserves. So more and more loans to be paid by us.

For the time being, market may go up and there will be some opportunity.

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sun Mar 26, 2017 12:23 am

My Last Hurdle would be when SEC wakes up one day and finalise the demutualisation and pass the bill in the parliament.
But to chase away retailers as this is the end of the world is not very good.

Need to understand why we enter stock market first....

We should have a balanced view ...... and should not draw conclusion ......

I have not seen anybody promoting their shares to unload to someone else.....

In any market there are buyers as well as sellers ...... lets be honest .....

take the example of yours...... you say there are huge losses in your PF to sell ..... if your above statement is true you should not sell to anybody but to suffer the loss eternally as selling would mean you are passing it to another .....

Banned is subjective as long as we dont cross the limits ...... And it is not a license to demote shares and allow their masters to accumulate .... i am not saying you are doing that, but one needs 2 to tango.

anyways.... port deal of hambantota is welcome and we are paying sins of the last regime one may like it or not. but you cant curse but have to live with it. The CB governor himself says its the right decision ....

what do you want to do with a port not making enough revenue to cover its expenses ..... the chinese are not going to take it away to china .....

if you have not read my posts about pakistan stock exchange, then you should read carefully ..... they had same concerns like us what we undergo now ..... IMF concern about Debts .... Inflation 7%+ .. Did you know one of the High Risk Countries as well. But yet has a vibrant market ..... Why is the question .......

the state of economy is not the sole benchmark of a vibrant market .... their are reforms SEC is sitting on it ...... we should push those people to complete the task .... let the politicians worry about the economy and we as investors concentrate on whats affecting the stock market.

why CSE performed well during mahinda with all the foreign loans coming into this country, did the market factor in the repayments for huge chinese loans, why is it only now the market is reacting ......


no my friend we should think out of the box ..... to certain extent there could be political matters, but more should have been done for the development of capital market ......

these CSE road shows would partly address the issues, but long term we have to have the reforms carried out for a CSE to achieve 10.000 or 20.000

and why not 25.000 in years to come, its not impossible .....

i am not concern about other forums doing demotion..... but at TEC we ensure equal opportunity to all.

all the members in TEC are matured and does not require GOD or ZEUS ... all are equal partners .....

we dont have members calling SIRS, to any member ......

we do our job by sharing what we know ......

so coming back again to the question, why do we invest in CSE ... its not a casino to put money and take next day .....

we invest with reasonable expectation that it will give return better than FDs in years to come ......

As long as we invest in fundamentally strong companies we should not worry....

The divine principle in Investing is you invest with money that you dont need for a considerable period.... thats why we call it INVEST.

if some one with margin trying to invest then he or she is taking a gamble .....

Thats a risk he take with the known outcome ....

so let us try to collect good shares..... through contrarian strategy.... a post i made few moments ago ....

and stop bashing on the මුව හම :-bd

good luck
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sun Mar 26, 2017 12:54 am

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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sun Mar 26, 2017 1:02 am

comp.png


For further reading please check out PAGE#2 same thread..... to see what happned to Pakistan Stock Exchange post Demutualisation .....
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby SHARK » Sun Mar 26, 2017 1:03 am

Our Fellows CAUGHT Napping, and warming the chairs not doing anything to develop the market .....
We report You decide ......
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Re: Last hurdle is cleared for the CSE to move upwards.

Postby future123 » Sun Mar 26, 2017 1:04 am

Thanks Shark. I hold some shares for another 5 years or more but not all are like that. I seriously wanted a healthy market but unfortunately the politicians decide the market through the budgets and policies. What ever said, MR presented 10 budgets and none of them went against investors. That's the point I want to make and not that I blindly support them. I'm sure there are some big shots here who could help the investors by advising policy makers to be fair for the investors.

Honestly, I cant understand why they increased the dividend with holding taxes (WHT) in the last budget and corporate taxes for export companies since we are crying for investments and export income.

As you said Pakistan stock market appreciate, I think the investor confidence not broken by the politicians through unfair taxes. Is Pakistan stock market recovering from a huge crash? In such situation the growth rate may be usually higher.

Want to stop this lengthy arguments.

Let's be positive for a healthier and sustainable market with minimum promotion and maximum knowledge sharing.

Good luck.


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