Asha Phillip Tech analysis - August 2016

User avatar
sashimaal
Moderator
Moderator
Posts: 3479
Joined: Mon Jan 12, 2015 4:17 am
Flag: Sri Lanka

Asha Phillip Tech analysis - August 2016

Postby sashimaal » Fri Aug 05, 2016 2:12 pm

"Knowledge is being aware of what you can do. Wisdom is knowing when not to do it" - Brian Tracy

stocks hunter
Co - Admin
Co - Admin
Posts: 3545
Joined: Fri Feb 20, 2015 8:03 pm
Flag: Sri Lanka

Re: Asha Phillip Tech analysis - August 2016

Postby stocks hunter » Fri Aug 05, 2016 2:32 pm

Tx sashi...

ASHA now doing a good job it seems. All other broker firms failed to publish a report like this during this bull phase of life mkt....

User avatar
Contra
Equity Analyst
Equity Analyst
Posts: 2806
Joined: Sat Mar 28, 2015 11:54 am
Flag: Poland

Re: Asha Phillip Tech analysis - August 2016

Postby Contra » Fri Aug 05, 2016 2:52 pm

Thank you for the link. Weak market is the main reason for low share prices during last 18 months. We should see strong share prices in a strong market. After some times we are seeing some recovery in the market and strong market can change direction of many listed stocks in the market.

Still Sri-Lankan market is trading at a very low P/E ratio and we find lot of value opportunities. Some global stock markets have reached P/E ratio closer to and above 20 as well. Some stocks are trading at very high prices.

On the other hand Sri-Lankan market has attractive stocks trading below the P/E ratio 5 as well.

When strong bull market set, any stock can go up rapidly. Still this market is at very early stage and we don’t see any euphoria yet. Therefore, market cannot burst under any circumstances.

Strong market means strong share prices. We are still not there. We will feel the bull market only when we see it.

Those who have faith on the bull market, just stay with your valuable stocks. Mr Market will do the rest.

In addition to above listed stocks, we should see active trading in many stocks in the coming months and in 2017/18.
Company, stock market, politics and the economy are four different things.

User avatar
SHARK
Savant
Savant
Posts: 15871
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: Asha Phillip Tech analysis - August 2016

Postby SHARK » Thu Aug 25, 2016 5:38 am

All are upbeat about 2017..... We see signs of positive sentiments creeping in. This is a good signal for retail investors. We should hold onto fundamentally stronger counters so that when the bull market comes we are not left out. Sector leaders will definitely appreciate than laggers. Its important to identify them early.
Price is what you pay. Value is what you get.”


Return to “Technical Chartz & Analytics”

Who is online

Users browsing this forum: No registered users and 1 guest