The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» අනං මනං! #/+?.<>
Fri Sep 21, 2018 11:25 pm by Yin-Yang

» Amazon Founder Jeff Bezos Influenced By Smarter Sri Lankan
Fri Sep 21, 2018 5:20 pm by Ethical Trader

» ඩොලරයේ විකුණුම් මිල රු. 167 ඉක්මවයි
Fri Sep 21, 2018 9:43 am by Ethical Trader

» ඩොලරයේ විකුණුම් මිල රු. 164 ඉක්මවයි
Tue Sep 18, 2018 2:42 pm by yellow knife

» BLI.N0000 ( Bimputh Finance PLC )
Tue Sep 18, 2018 10:47 am by yellow knife

» UAL.N0000 ( UNION ASSURANCE PLC )
Sun Sep 16, 2018 6:13 pm by Senarath67

» CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker
Sat Sep 15, 2018 11:04 pm by serene

» මහ බැංකුව රු. බිලියන 60 ක බැඳුම්කර විකුණයි
Fri Sep 14, 2018 12:48 pm by Ethical Trader

» ඩුනාමිස් කොටස් මිල 90% කින් ඉහළට. වැඩි අයිතිය ජනශක්ති අත්පත් කර ගනී
Fri Sep 14, 2018 7:49 am by serene

» නිදහස ලැබීමෙන් පසු රු. ට්‍රිලියන 1.9 ක වැඩිම ණය ආපසු ගෙවීම මෙම වසරේ දී – මංගල
Thu Sep 13, 2018 6:44 pm by Ethical Trader

» ණය අපසු ගෙවීමට අඩු පීඩාකාරී ප්‍රතිපත්ති විකල්ප පවතින්නේ නම් සමාජ වියදම් කපා හැරීම නොකළ යුතුයි – UN විශේෂඥයා පවසයි
Wed Sep 12, 2018 6:14 pm by Ethical Trader

» Banking Sector Outlook-
Wed Sep 12, 2018 8:17 am by serene

» Dividend Announcement
Tue Sep 11, 2018 7:45 am by serene

» Sri Lankan central bank rejects currency crisis report
Tue Sep 11, 2018 7:31 am by serene

» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
Sat Sep 08, 2018 1:53 am by stockback

» අසාමාන්‍ය කොටස් මිල උච්ඡාවචනය ගැන MTD Walkers කරුණු පහදයි
Wed Sep 05, 2018 6:26 pm by Ethical Trader

» ශ්‍රී ලංකා රුපියල
Wed Sep 05, 2018 6:24 pm by Ethical Trader

» සුමල්ගේ සමාගමට කැබිනට් අනුමැතිය. රුපියල් බිලියන 2.7 ක නිවාස ව්‍යාපෘතියක්
Wed Sep 05, 2018 6:22 pm by Ethical Trader

» ධම්මික ලංකා සෙරමික් සභාපති ධූරයෙන් ඉල්ලා අස්වෙයි
Wed Sep 05, 2018 2:26 pm by nihal123

» Sri Lanka car registration up in July, tax not yet hit
Mon Sep 03, 2018 5:14 pm by Ethical Trader

» 2018 මාස 08 කදී කොළඹ කොටස් 4.54% කින් පසුබසී
Mon Sep 03, 2018 5:11 pm by Ethical Trader

» Sri Lanka rupee ends steady, stocks flat
Mon Sep 03, 2018 7:26 am by The Invisible

» Sri Lanka's August inflation in Colombo hits 5.9-pct
Mon Sep 03, 2018 7:24 am by The Invisible

» ජනාධිපතිවරණයට තවත් අපේක්ෂකයෙක්. සුමල්, ධම්මිකව යෝජනා කරයි VIDEO August, 30, 2018
Mon Sep 03, 2018 7:22 am by The Invisible

» Pictures & Stories ........
Sat Sep 01, 2018 6:57 pm by malanp

» සිංහ රෝහලට අසාධ්‍යයි
Fri Aug 31, 2018 7:56 pm by nihal123

» මාස 06 කදී වෙළෙඳ හිඟය ඩොලර් මිලියන 5,700 ඉක්මවයි
Tue Aug 28, 2018 8:01 pm by spw19721

» Billionaire Ashok Pathirage controlled Asiri Health to launch an MBBS degree Program
Tue Aug 28, 2018 5:26 pm by Ethical Trader

» දිගින් දිගටම වැඩි වෙමින් ඇති උද්ධමනය ගැන ආර්ථික විශේෂඥයින් අනතුරු අඟවයි
Mon Aug 27, 2018 11:47 am by Ethical Trader

» මැල්කම් ටර්න්බුල් පහකිරීමෙන් පසු ඕස්ට්‍රේලියාවේ අගමැති ධූරයට ස්කොට් මොරිසන්
Fri Aug 24, 2018 6:06 pm by Ethical Trader

» Sri Lanka rupee opens at new low, stocks gain 0.15-pct
Fri Aug 24, 2018 5:55 pm by Ethical Trader

» Sri Lanka's John Keells fine-tunes hotel strategy
Fri Aug 24, 2018 5:53 pm by Ethical Trader

» Sri Lanka's The Finance struggle to recover Ceylinco assets
Fri Aug 24, 2018 5:51 pm by Ethical Trader

» Sri Lanka increases planting subsidies for rubber
Thu Aug 23, 2018 10:34 am by The Invisible

» Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs
Thu Aug 23, 2018 10:33 am by The Invisible

» Sri Lanka to start first boat service in Colombo canals with navy
Thu Aug 23, 2018 10:32 am by The Invisible

» ලොකුම සමාගම් ලැයිස්තුව අලුත් වෙයි. ජෝන් කීල්ස් අභිබවා CTC අංක 1 ට
Thu Aug 23, 2018 8:41 am by Ethical Trader

» යෙන්, යුවාන්, යූරෝ බැඳුම්කර අලෙවියට ආණ්ඩුවේ සූදානමක්
Thu Aug 23, 2018 8:39 am by Ethical Trader

» හැරී ගේ මීළඟ ඉලක්කය
Wed Aug 22, 2018 5:23 pm by Ethical Trader

» Sri Lanka pension fund to value hotel stake eyed by HPL Hotels
Wed Aug 22, 2018 11:29 am by The Invisible

» Sri Lanka's Hemas Holdings profitability seen improving: Fitch
Wed Aug 22, 2018 11:27 am by The Invisible

» Sri Lanka's LMF to invest Rs2bn in new dairy farm
Wed Aug 22, 2018 11:26 am by The Invisible

» Sri Lanka’s national inflation accelerates to 3.4-pct in July
Wed Aug 22, 2018 11:23 am by The Invisible

» Sri Lanka rupee ends at new low, stocks flat
Wed Aug 22, 2018 11:22 am by The Invisible

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Tue Aug 21, 2018 11:00 pm by Expert

» මහජන බැංකුවෙන් ජෙහාන් ගේ සමාගමට දුන් රු. බිලියන 10 ගැන මහ බැංකුව මෙසේ කියයි
Tue Aug 21, 2018 9:26 pm by Rana

» මැරියට් ආයෝජනයෙන් ඉවත් වන්නේ ප්‍රමාණවත් ප්‍රතිලාභයක් ලැබුණොත් පමණයි – EPF අවධාරණය කරයි
Tue Aug 21, 2018 6:07 pm by Ethical Trader

» Sri Lanka to charge 7-pct tax from banks on added value
Mon Aug 20, 2018 5:51 pm by Ethical Trader

» Sri Lanka rupee opens weaker, stock gain
Mon Aug 20, 2018 5:49 pm by Ethical Trader

» Sri Lanka's EPF delay holding up hotel sale: East West
Mon Aug 20, 2018 5:49 pm by Ethical Trader

September 2018
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Sink Below 7000

Page 2 of 2 Previous  1, 2

Go down

Re: Sink Below 7000

Post by Future123 on Mon Nov 16, 2015 10:31 pm

Yes Sashi, I'm not buying anything right now and waiting for the budget to see attractive sectors. Sold some of the volatile shares. But if Ravi K come up with Turnover tax then only God can save the private sector and consumers.

sashimaal wrote:Future123,

Let's wait till the budget.

Govt can introduce a lesser percentage or some other way where more people would have to pay but people who currently pay don't pay more.



Future123 wrote:I will wait till the budget to identify the best sectors. I sold some of the risky shares and holding export related shares and long term holding shares. Definitely export related shares will be the best after the budget.

The government is planning to introduce a disastrous tax called Business turnover tax (BTT) which was abolished long ago. This would have a serious impact on profits of all the companies. Unlike VAT this BTT would be duplicated and charged whenever there is a sale. VAT is charged only once and for subsequent value additions.

If this deadly BTT is introduced ASPI could go to even 6000 in the medium term. I can't understand why the government is very angry on businesses and investors. Many of you yahapalanaya supporters say country first and don't be selfish blabla....

Just forget about businesses, the poor people will be paying additional money to buy any product as a result of duplication of turnover tax. Is there any shop selling plain tea at 10/=, milk tea at 25/=, dhal, sprats at the prices specified in interim budget?

In brief, I would wait till the budget to identify the sectors which would benefit from the budget. Read the following article carefully.

http://www.ft.lk/article/497195/Turnover-Tax-threat-for-tourism

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: Sink Below 7000

Post by Future123 on Mon Nov 16, 2015 10:37 pm

If Ravi K and RW manage the country and economy for another 2 years, US$ would go beyond 170/=, many people will lose their jobs and many local businesses would close down. At least if fat Ravi thrown out then it's a big relief.

poor boy wrote:budget can be a serious threat for ranil and Ravi. i saw in a news paper that some ministers are trying to defeat the budget as a first step to change the government.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: Sink Below 7000

Post by smallville on Tue Nov 17, 2015 1:24 am

Future123 wrote:If Ravi K and RW manage the country and economy for another 2 years, US$ would go beyond 170/=, many people will lose their jobs and many local businesses would close down. At least if fat Ravi thrown out then it's a big relief.

poor boy wrote:budget can be a serious threat for ranil and Ravi. i saw in a news paper that some ministers are trying to defeat the budget as a first step to change the government.

I hoped to stay silent but this took me by surprice tongue

LOL.. Dats a serious statement...

Before u analyse USD, do u even know what happened recently to global economies?

But I agree with you fatty Ra-vi issue Twisted Evil

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1723
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: Sink Below 7000

Post by smallville on Tue Nov 17, 2015 1:26 am

poor boy wrote:budget can be a serious threat for ranil and Ravi. i saw in a news paper that some ministers are trying to defeat the budget as a first step to change the government.

U know.. thrs a lot of ppl with the intention of that... Now Wimol and gomma wanted to form a new party in hopes of posing a threat to the Govt. However, RW is no shoe shine boy.. Hes more powerful now..

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1723
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: Sink Below 7000

Post by Admin on Tue Nov 17, 2015 7:04 am

Please stop name-calling. I have been calling to put a stop for that.

Admin
Admin

Posts : 434
Join date : 2014-02-22

http://forum.lankaninvestor.com

Back to top Go down

Re: Sink Below 7000

Post by seek on Tue Nov 17, 2015 8:34 am

In addition to the current global economic crisis, country itself doesn’t have a proper leadership and a vision.

As I mentioned in few replies I am already out, and there is no intention enter the market in the near future. I may miss some short term opportunities but looking at a red market with cash in hand is really awesome.

seek
Top contributor
Top contributor

Posts : 210
Join date : 2014-02-26

Back to top Go down

Re: Sink Below 7000

Post by කිත්සිරි ද සිල්වා on Tue Nov 17, 2015 9:12 am

I am not totally out but now looking at other opportunities.
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7355
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Sink Below 7000

Post by sashimaal on Tue Nov 17, 2015 9:17 am

Wait till the budget. No need to panic.

Sentiment can change any moment Smile
avatar
sashimaal
Top contributor
Top contributor

Posts : 5667
Join date : 2014-02-28

Back to top Go down

Re: Sink Below 7000

Post by LSE on Tue Nov 17, 2015 9:33 am

Yes agree with you sash... will wait few more days... study

sashimaal wrote:Wait till the budget. No need to panic.

Sentiment can change any moment Smile
avatar
LSE
Tech Contributor
Tech Contributor

Posts : 853
Join date : 2014-06-04

Back to top Go down

Re: Sink Below 7000

Post by Backstage on Tue Nov 17, 2015 9:40 am

I feel a bit Greenish today. alien
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Re: Sink Below 7000

Post by HUNTER on Tue Nov 17, 2015 10:05 am

Markets always go up or down.
It should be a part of the game of most of you.

If you want to catch fish, you need to stay out of the water; not sunk in and grasping for air (Mentally).

If the market is going down, we need to accept it; not be panic; or not to pretend it is going up.

What we need to do is, to watch for opportunities for buying or selling 'patiently'.

(Hey, I didn't mean anything about BS's comment above; but in general, as I felt the 'tone' of some comments)
avatar
HUNTER
Top contributor
Top contributor

Posts : 1655
Join date : 2014-07-14

Back to top Go down

Re: Sink Below 7000

Post by Backstage on Tue Nov 17, 2015 10:44 am

HUNTER wrote:Markets always go up or down.
It should be a part of the game of most of you.

If you want to catch fish, you need to stay out of the water; not sunk in and grasping for air (Mentally).

If the market is going down, we need to accept it; not be panic; or not to pretend it is going up.

What we need to do is, to watch for opportunities for buying or selling 'patiently'.

(Hey, I didn't mean anything about BS's comment above; but in general, as I felt the 'tone' of some comments)

The 'tone' being optimistic ? hopfull and not objective the' ?
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Re: Sink Below 7000

Post by HUNTER on Tue Nov 17, 2015 11:40 am

I meant the 'tone' of denial (Not going down) or panic (end of the stocks market).

In my view, we need to be optimistic and confident but at the same time 'emotionless'.

avatar
HUNTER
Top contributor
Top contributor

Posts : 1655
Join date : 2014-07-14

Back to top Go down

Re: Sink Below 7000

Post by Backstage on Tue Nov 17, 2015 12:59 pm

HUNTER wrote:I meant the 'tone' of denial (Not going down) or panic (end of the stocks market).

In my view, we need to be optimistic and confident but at the same time 'emotionless'.


Dispassionate and clinically efficient in trading yar ? Optimistic and confident attitude, but with eyes,ears and mind wide open to all possibilities.

I will try and provide some comic relief in between, now that Jiggy seems to be busy with Paris and Beirut.
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Re: Sink Below 7000

Post by HUNTER on Tue Nov 17, 2015 1:25 pm

Backstage wrote:
HUNTER wrote:I meant the 'tone' of denial (Not going down) or panic (end of the stocks market).

In my view, we need to be optimistic and confident but at the same time 'emotionless'.


Dispassionate and clinically efficient in trading yar ? Optimistic and confident attitude, but with eyes,ears and mind wide open to all possibilities.

I will try and provide some comic relief in between, now that Jiggy seems to be busy with Paris and Beirut.

Well worded and dramatized.
I sense something must be coming from inherited 'genes'.

avatar
HUNTER
Top contributor
Top contributor

Posts : 1655
Join date : 2014-07-14

Back to top Go down

Re: Sink Below 7000

Post by කිත්සිරි ද සිල්වා on Wed Nov 18, 2015 12:58 am

Back stepping in, when others showing signs of going senile is a good sign. Very Happy
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7355
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Sink Below 7000

Post by Backstage on Wed Nov 18, 2015 1:24 pm

කිත්සිරි ද සිල්වා wrote:Back stepping in, when others showing signs of going senile is a good sign. Very Happy

Hafoi ! Not a good sign when backstage people take center stage. Rolling Eyes
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Re: Sink Below 7000

Post by කිත්සිරි ද සිල්වා on Wed Nov 18, 2015 1:31 pm

Still Yo Yo and needs another Lomu to break the 7K barrier. Very Happy
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7355
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Sink Below 7000

Post by Backstage on Wed Nov 18, 2015 1:34 pm

Wait for the Ravi Run. If not Maggi noodle for Christmas.
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Re: Sink Below 7000

Post by කිත්සිරි ද සිල්වා on Wed Nov 18, 2015 1:49 pm

Now you are setting another baits with the Instant stuffs for someone to come out of hibernation. Very Happy
Backstage wrote:Wait for the Ravi Run. If not Maggi noodle for Christmas.
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7355
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: Sink Below 7000

Post by HUNTER on Thu Jan 21, 2016 8:19 am

HUNTER wrote:........

**unless it is a very strong downtrend,
a downtrend is followed by an upward correction (Overlapping waves).
But, right now, what we experiencing is a downward correction. (Lower tops and Lower bottoms)

..........



So, finally, it proved to be a strong downtrend indeed.
It suggests, we still can apply TA to understand movements in CSE quite successfully .

However, the biggest problem here is; our minds prevent us from believing the reality in time.

IT suggests me, this is a mind game and 'Equanimity' is the key to success.
avatar
HUNTER
Top contributor
Top contributor

Posts : 1655
Join date : 2014-07-14

Back to top Go down

Re: Sink Below 7000

Post by blacknights on Thu Jan 21, 2016 8:54 am

HUNTER wrote:
HUNTER wrote:........

**unless it is a very strong downtrend,
a downtrend is followed by an upward correction (Overlapping waves).
But, right now, what we experiencing is a downward correction. (Lower tops and Lower bottoms)

..........



So, finally, it proved to be a strong downtrend indeed.
It suggests, we still can apply TA to understand movements in CSE quite successfully .

However, the biggest problem here is; our minds prevent us from believing the reality in time.

IT suggests me, this is a mind game and 'Equanimity' is the key to success.

So what would be the next support as of your analysis Hunter? Please explain what would be the likely scenario after that support too.
avatar
blacknights

Posts : 257
Join date : 2014-08-28

Back to top Go down

Re: Sink Below 7000

Post by HUNTER on Thu Jan 21, 2016 9:35 am

avatar
HUNTER
Top contributor
Top contributor

Posts : 1655
Join date : 2014-07-14

Back to top Go down

Page 2 of 2 Previous  1, 2

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum