Blue Whale's Diary - 2018

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Fri Mar 02, 2018 6:20 am

Continuation of foreign buying is a must.
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Fri Mar 02, 2018 5:27 pm

2nd March 18

It is a volatile day at CSE but in the end ASPI closed for the day @ 6,557 with an increase of 5 points. JKH and Ceylinco Insurance made positive contributions to overall market green while the biggest lost came from Janashakthi with the immediate day after the entitlement of share buy back. JINS closed the day @ 26.40. EAST was the most active stock for the day reaching 17/- level once more

Turnover was an average 450Mn came with 4,700+ trades. Net foreign selling continues for the day as well recording a net selling of 139.4Mn making the overall net foreign buying on YTD basis reducing to 5,925Mn.
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Re: Blue Whale's Diary - 2018

Postby stocks hunter » Sat Mar 03, 2018 9:37 am

Blue Whale wrote::ymsick:
stocks hunter wrote:
SHARK wrote:with all this uncertainties in political front.... why market is not crashing below 6000 ?...... there is utter chaos as you correctly said above. but market is holding well above 6500......

i do not wish market to crash due to whats happening on the political side....

there seem to be a nuance compared to 2015-2016 era of governance and ASI behaviour nowadays.

Let me put it in simply
example if Ravi was FM still then a definite market reaction must have taken place buy now.


anybody has the answer please share your thoughts !


There's no uncertainty here. We have a certain future now & from 2020 we can expect a stable Govt. We have very less no of working days towards 2020 & for big collectors this is the time. So they are active once again.

Probably we can expect ASI to reach 7000 levels when we are close to 2020 & to pass all time high & to reach ASI 8000 by early of 2021 or by end of 2021......

That is sure....& for my calculations.....

Look out for hidden gems....

:-$

7000 by 2020 :ymsick:


Thousand apologies.....

CORRECTION........

ASI 8000 or all time high when we are close to 2020 & to surpass magical ASI 10000 by early 2021 or by end of 2021.....


#-o #-o

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Re: Blue Whale's Diary - 2018

Postby prasa2004 » Sat Mar 03, 2018 10:43 am

whatever the Gvt comes to power (Pohottuwa-UPFA-UNP) there will not be big policy shift. Yest investor forum -SG, chairman of Shangrila spoke and he said he was approached and assured by present Gvt same encouragement will be given and nothing to worry at the time of regime change in 2015. This is the confidence investors should have. IMO whoever comes to power knows the importance of China and India and policies will see minimal shift. So target is within reach.

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Mon Mar 05, 2018 7:24 am

stocks hunter wrote:
Blue Whale wrote::ymsick:
stocks hunter wrote:
SHARK wrote:with all this uncertainties in political front.... why market is not crashing below 6000 ?...... there is utter chaos as you correctly said above. but market is holding well above 6500......

i do not wish market to crash due to whats happening on the political side....

there seem to be a nuance compared to 2015-2016 era of governance and ASI behaviour nowadays.

Let me put it in simply
example if Ravi was FM still then a definite market reaction must have taken place buy now.


anybody has the answer please share your thoughts !


There's no uncertainty here. We have a certain future now & from 2020 we can expect a stable Govt. We have very less no of working days towards 2020 & for big collectors this is the time. So they are active once again.

Probably we can expect ASI to reach 7000 levels when we are close to 2020 & to pass all time high & to reach ASI 8000 by early of 2021 or by end of 2021......

That is sure....& for my calculations.....

Look out for hidden gems....

:-$

7000 by 2020 :ymsick:


Thousand apologies.....

CORRECTION........

ASI 8000 or all time high when we are close to 2020 & to surpass magical ASI 10000 by early 2021 or by end of 2021.....


#-o #-o


Some were expecting 8000 in 2018 now it is shifted to 2020. :)) ඔහොම යන්...ඔහොම යන්....
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Mon Mar 05, 2018 9:58 pm

5th March 18

Yet another negative start for a new week. Though marginal ASPI came down by 4 points. MELS was the biggest negative contributor for the market alongside Carsons & Bukit Dharah. However the price gain in JKH, though in small quantities, kept the market from a larger fall. Hotel Sigiriya became the major gainer for the day who announced a 10/- interim dividend.

Turnover reached 1.3Bn came through 4,661 trades. The turnover was boosted by crossings in HNB done at a deal price of 242/- and JKH done at a deal price of 164/-. HNB generated close to 70% of the days turnover and the crossings were between foreign funds. After many sessions of net foreign selling today the market witnessed a net foreign inflow of 45.8Mn taking the YTD net foreign purchase to 5,971Mn.
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Tue Mar 06, 2018 5:48 pm

6th March 18

It was a fairly red day at CSE today. Most of the stocks closed on red side led by heavy market cap stocks such as JKH, LOLC and CTC. Some interest was seen in SHL and SFS, other than that it was a lackluster day. ASPI ended loosing 19 points after a steady decline of the index since the start of the trading for the day.

Turnover was a moderate 437Mn for the day came through 4,464 trades. Foreign activities were very slim however recording a net foreign purchase of 28Mn. YTD net foreign purchase stands at 5,999Mn now.

Market bearishness continues further with RSI falling to 51 from 70. The charts are showing more room for market decline and it appears that 6,500 can act as a support line. How much strong is this support line is to be seen in the coming days. The risks associated with the Country's macro economy seems to be creeping in to stock market little by little. Therefore investors need to be awake and look for bargain opportunities for possible trades.
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Re: Blue Whale's Diary - 2018

Postby PAT » Wed Mar 07, 2018 8:10 am

Thanks BW
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Without compromising your ability to Live Tomorrow……… :)

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Wed Mar 07, 2018 8:27 pm

7th March 18

Market fall continues for the third straight session @ CSE. This time the highest among the three days with a decline of 30 points. Though the volumes are thin it was the blue chips that draw the market down completely. JKH dropped by 2/-, Nestle dropped by 70/-, Sampath dropped by 9/- and Commercial Bank dropped by 2/- were the main negative contributors.

Market turnover was a mediocre 371Mn but number of trades surpasses 4500 indicating the retail dominance. Foreigners were seen selective on trading ended the day in a net buying position of 34.1Mn. YTD net foreign purchase now stands at 6,033Mn.

ASPI moving further in the bearish territory. RSI dropping sharply to reach 43.6 at the end of the days trading. More such drops in the days to come can create panic among the investors which will drive more negativism. Also the margin calls can come in as well.

Though some people try to attribute this market decline in to the civil unrest of the country as of now I would say this is the beginning of a reaction that was expected to happen from some time as a result of political uncertainty of the country. I predicted this situation just before the conclusion of the LG polls and what we are experiencing is the aftermath of that. Foreign activities slowed down dramatically as well but still some are reluctant to believe the truth. :-?? :-o
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Re: Blue Whale's Diary - 2018

Postby matrix » Thu Mar 08, 2018 7:51 am

Thanks blue whale for your effort and time.
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: Blue Whale's Diary - 2018

Postby Blue Whale » Thu Mar 08, 2018 8:00 pm

8th March 18

Today was the most active day for the month of March so far curtesy to EAST. EAST has announced the signing of a MoU to sell its subsidiary Hotel Weligama Hotel Properties and the retail investors has taken this news very positively. I have screened through its financials and estimates that a minimum of 1.1Bn cash will be received by the Company from the deal with a minimum capital gain of around 300Mn.

ASPI started to gain hour by hour till the end of trading closing the day up by 17 points. Other than EAST the rest of the major contributors for ASPI green have been JKH, LGL and DIAL.

Total turnover for the day was a healthy 733Mn came through close to 7000 trades being the highest in recent times. EAST accounted for more than 25% of the total trades. NTB generated the highest turnover for the day largely through two crossings done at a deal price of 80/- while EAST and JKH followed.

Foreign activities remain in the lower side for today as well however recording a net foreign buying of 24.2Mn. YTD net foreign purchases now stands at 6,057Mn.

Though the market recovered today on the activeness of retailers investors should be keeping in mind that the overall risks in the market still remain as is and the foreigners has started to adopt a silence approach. I expect tomorrow a major play from investors centered around EAST, LGL, and other selected low cap stocks but caution should be exercised by the investors not to expose to high level of risk.
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Re: Blue Whale's Diary - 2018

Postby GB » Thu Mar 08, 2018 8:17 pm

Thank you BW.

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Re: Blue Whale's Diary - 2018

Postby ruwa » Thu Mar 08, 2018 8:54 pm

Thanks BW

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Re: Blue Whale's Diary - 2018

Postby PAT » Fri Mar 09, 2018 1:57 am

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

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Fri Mar 09, 2018 7:20 am

Welcome everyone whoever reading my short notes :ymhug:
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Mon Mar 12, 2018 12:21 pm

9th March 18

ASPI concluded the week on a positive note with a gain of 30 points. Retail stocks were the most active with EAST exchanging above 5mn stocks for the second consecutive day on the back of selling of their hotel subsidiary stake. The major contributor for the market gain was Ceylinco Insurance followed by MELS, JKH, JINS and VONE. JINS seems to be gaining momentum back after facing with heavy selling just after the cut-over date of share repurchase.

Turnover reached to a respectable 869Mn on trades over 8500. This indicates the level of enthusiasm by the retailers which were not there in the last few months. The main retail play was seen in EAST. Foreign activity has shown some improvement for the day. Net foreign buying of 61.3Mn was recorded for the day. YTD net foreign buying stands at 6,118Mn.
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Mon Mar 12, 2018 5:13 pm

12th March 18

Retailers pushed the market but big fellows pulled it down. ASPI was up in the morning but ended in red loosing 3 points. JKH, CARS, COMB, DIAL, etc weighted negatively against the gains in CTHR, LIOC, EAST, etc. Malwathe Vally was halted pending the speculated dividend however not seen until the point of this writing.

Total turnover was an average 540Mn came through trades close to 7000 again led by over 1000 trades in EAST. EAST closed the day at 23.50 after hitting a high of 24.90 up by 10 cents. Over 4mn shares were traded and it was observed that traders who had profits tried to sell and exit towards the end of the trading. Once again foreign activities were very small and today there was a net foreign selling of 37.8Mn reducing the YTD net foreign buying to 6,080Mn.

Interest was seen in counters such as EAST, LIOC, BIL, LCEM etc but all faded away towards the end of trading. But tomorrow may be a completely different day for all.
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Re: Blue Whale's Diary - 2018

Postby PAT » Mon Mar 12, 2018 9:36 pm

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

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Tue Mar 13, 2018 5:56 pm

13th March 18

ASPI gained by 7 points on big deals. Hotel sector saw some positive movement along with DIAL & LOLC. LOLC group retail stocks, FLCH & BIL saw some good activity. EAST fell down a bit yet some retail interest still visible on the counter.

Total turnover was 2.5Bn aided by big trades in HNB & JKH. HNB generated 1.3Bn of total turnover and JKH delivered 600Mn. Total trades exceeded 6,800 once again indicating the strong retail participation in the market. Foreign buying exceeded 1Bn for the first time in the month of March. Net foreign buying for the day has been 1,180.8Mn. YTD net foreign buying improved to 7,261Mn.

The number of speculative counters in the market has been in the increasing trend but investors should keep in mind the long term value will be based on quality investments rather than speculative trades. Hence investors should strike a balance between speculation & investment.
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Re: Blue Whale's Diary - 2018

Postby GB » Tue Mar 13, 2018 6:07 pm

Thank you BW :ymhug:

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Re: Blue Whale's Diary - 2018

Postby Edmond » Tue Mar 13, 2018 6:41 pm

Thx BW. Really appreciate.

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Re: Blue Whale's Diary - 2018

Postby PAT » Tue Mar 13, 2018 7:32 pm

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

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Re: Blue Whale's Diary - 2018

Postby dhanurrox » Tue Mar 13, 2018 7:38 pm

All set for new year fiesta

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Re: Blue Whale's Diary - 2018

Postby Cseinvester » Wed Mar 14, 2018 10:46 am

dhanurrox wrote:All set for new year fiesta

Are you day dream Danushka.

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Re: Blue Whale's Diary - 2018

Postby Cseinvester » Wed Mar 14, 2018 1:59 pm

dhanurrox wrote:All set for new year fiesta

Dude god karuna never fails ..


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