My personal opinion is due to this accusation of promotions, our forum lost some rare talented investors and writers which others could have learned lot.
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Should CSE be like this? Whose FAULT is it?
CK- Active Member
- Posts : 1393
Join date : 2015-11-01
My personal opinion is due to this accusation of promotions, our forum lost some rare talented investors and writers which others could have learned lot.
serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
True. Market is consolidation state.Red among few days of Green days are warmly welcome for sustainable uptrend.wish the same pattern remain intact at least for one to two months to bring the confidence back.slstock wrote:serene wrote:Really appreciate SLS for the effort and the dedication put upon on Comprehensive write up which covers all the facets one can draw to explain the doom state of CSE.
If i were to come up with any explanations for the same I wouldn't be able to come up with any plausible explanation other than boils down this Languishing and utter chaotic CSE behavior to inter connection between the Share Markets and the capabilities and Confidants Investors could put upon on Politicians( ruling party as well as the Opposition) of their respective countries. Otherwise why only us.
Sadly yes, it not the value that matter to most people at CSE.
Developed markets ( though naturally acting on sentiments at times) , responds more to reason/valuations in medium term. Politics/politicians seems to have a too big of a role in SL investor minds. We are generally of bunch of people who are influenced/brain washed easily even if a lie can be seen in front of our eyes.
serene wrote:
But still we are collecting fundamentally sound shares which are at a really appealing prices.And also keep the eye on possible trading opportunities once the market is turned.
But the million dollar question is When???
But I see you are immune to such and thinking on the right path
When?
Well did you notice the market turned green and now trying to consolidate.
Will negative people and other forces try to break the current consolidation/positivity to bring it down again ? Will other start selling their PE 3-4 shares too?
That maybe the next million $ question now ?
If so more ASI downfall can come.
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
Rajgama Kithsiri kiyanne nikan neweine.කිත්සිරි ද සිල්වා wrote:This is my very own experience.
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
CK- Active Member
- Posts : 1393
Join date : 2015-11-01
Actually this could be a truly friendship advice from that senior person. Unfortunately it has gone other way as you said. Otherwise what he can gain by promoting it to you as you are not an institutional big buyer who can pump the price of it...කිත්සිරි ද සිල්වා wrote:This is my very own experience.
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
Can someone explain this to me...
Yin-Yang- Posts : 1321
Join date : 2016-03-12
CK wrote:Actually this could be a truly friendship advice from that senior person. Unfortunately it has gone other way as you said. Otherwise what he can gain by promoting it to you as you are not an institutional big buyer who can pump the price of it...කිත්සිරි ද සිල්වා wrote:This is my very own experience.
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
Can someone explain this to me
...
Baba,
The explanation is that,
Rajgama uncle mentioned the incident that the advice was a flop.
If it worked he wouldn't bother.....
Would you uncle?
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
A rather research oriented argument raised by Ying-Yang initally. I preferred Ying Yang would continue it in that way.
Suddenly Ying-Yang turned to ET on promotional matter.
Then Kithsiri came up with an example of promotional effort. CK finds justifiable reasons for the PMer to Kith.
And now we all a treading on the path / thread created by SLS
***********************************
Arguments are always healthily as long as they confine to professional levels.
What has caused CSE to go down ?
1. What is the effect of GDP?
I tried to combine few countries GDP growth with its Stock Indices, yet so far I failed to do that.
2. Promotions of shares.
Rather than defining the Promoters, its better if we understand the sensitive levels.
Yin-Yang- Posts : 1321
Join date : 2016-03-12
There are 3 instances we can we see the true nature of a person.
One instance is when he is utterly provoked.
You have shown that when you were labelled a criminal.
SLS has shown many a times.
ET has just shown
Kith Uncle is yet to show.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
But my dear Ying-Yang, this thread should have flown more calmly touching much depth
pjrngroup- Posts : 444
Join date : 2015-11-01
Yin-Yang- Posts : 1321
Join date : 2016-03-12
Yin-Yang- Posts : 1321
Join date : 2016-03-12
The girls loved to go to his classes.
Not because his lessons were good.
But just to hear those double meaning nonsense.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Problem is we are deviating from the main purpose of the thread.
Now lets see we talked about Brexit and SLS took so much effort that day to discuss its effect to CSE as well.
I started many threads on Shares...
Let these threads remain for the purpose it intend to. so later when we want to re refer about CIND.N0000 we can just type that and get the thread.
If CIND is too spicy with too much Ginger in it, it has no value .
I agree with adding spices and Ginger.. Yet please do it with small portions.. Or else we would feel we are drinking Ginger with a little bit of added tea.
*******************************
Ying-Yang earlier I used to combine two topics in Trading Economics and show the relationship between two varaibles.
Say stock market and GDP Annual growth in one chart... so far I failed to combine.. Please check wether you can do that.
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
The person I mentioned was a trusted person then and true that I am not a big buyer too.
But depending on the number of PMs that person has sent would have had an effect on that particular share price if all acted blindly.
@ YY
I do not buy on others advice unless my gut tells me to go for it.
And the way he was trying to sugar coat it, I knew without much trouble that it was just promotional material only.
(Now that Milk has turned sour and there was no Luck in that).
Yin-Yang wrote:CK wrote:Actually this could be a truly friendship advice from that senior person. Unfortunately it has gone other way as you said. Otherwise what he can gain by promoting it to you as you are not an institutional big buyer who can pump the price of it...කිත්සිරි ද සිල්වා wrote:This is my very own experience.
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
Can someone explain this to me
...
Baba,
The explanation is that,
Rajgama uncle mentioned the incident that the advice was a flop.
If it worked he wouldn't bother.....
Would you uncle?
malanp- Posts : 518
Join date : 2014-03-04
The main reason is the uncertainity of future of the country . This prevent investors putting their money into shares.
government economic policies are uncertain, Government next actions are uncertain. Policies are reversed the next day they implemented. In US everybody knows there is death penalty, In UK everybody knows there is no death penalty. But in Sri Lanka nobody knows there is a death penalty or not. It it totally uncertain. So are the other government policies, today policy is reversed tomorrow..
President talks, Priminster talks, ministers talk, at the end what happens is totally opposite of what they talk.
Law & order is uncertain as justice is not prevailed .
Government future is uncertain as JO trying to topple the government.
Under these uncertain circumstances no stock market will go up to its true value.
Yin-Yang- Posts : 1321
Join date : 2016-03-12
yellow knife wrote:
+
+
Ying-Yang earlier I used to combine two topics in Trading Economics and show the relationship between two varaibles.
Say stock market and GDP Annual growth in one chart... so far I failed to combine.. Please check wether you can do that.
YB,
Being an enthusiastic video editor, I cannot imagine why you cannot edit some simple pics together.
++
Anybody who can help our Boy !?
Yin-Yang- Posts : 1321
Join date : 2016-03-12
malanp wrote:
+
+
President talks, Priminster talks, ministers talk, at the end what happens is totally opposite of what they talk.
+
+
Kiddo,
You're too small to understand the evolution of professorial politicians.
This is the way they evolve;
When you're new in the scene, you work hard without eating, without talking
When you are a little big, you work a lot, and talk a little.
When you're bigger, you work a little, eat a little and talk a little.
When you're the biggest, you Talk a lot, eat a lot and do nothing.
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
There are
* people who add value to our lives,and there are people who add just trouble.
* people who are more humanitarians and then there are people who aren't
* destructive people/forces in the world and then there are constructive people /forces in the world.
* people who alwasy see the negative. There people
who always see the positive. Then there a few few who tried to be balanced in the middle.
It's so easy to figure out who is who/which is which by looking at actions/what they say.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If someone want to find promotional/demotional posts, it is so very easy.
As matured adults hopefully we have reasoning power.
Be impartial and ask yourself, does the post seem genuine motive with educational facts or is it done for personal/non genuine purposes.
Your heart will tell you the answer.
But if the little voice in your head still tells to ignore the obvious facts and pretend nothing happened, its your call depending on yours needs.
If you are New to market and still confused , just watch what the person says , does and his/her behavior over few months. Then it will be apparent what the motive is
~~~~~~~~~~~~~~~~~~
A word on 3 Senior members here
After knowing Kithsiri for many years, I can firmly say he is smart enough to identify a promoter/demoter. Whether he stayed silent during the obvious or not is another matter.
------------
There are lot of events /facts people who hung around for many year know, yet they might not directly reveal a name for decency or forum peace . But when it mattered to address the wrong/issue, such people commented on the relevant thread .
We should know sometimes , decent people just want to address to solve the wrong/issue ( without getting into personal level or insults or name calling !!!)
ET also falls into this category. So does YK.
Best not make a mistake to mix up decency with anything else.
-------------------
I also know Kithsiri has certain ideologies and principles , so he won't buy certain shares even if one say it is more valuable than gold and it will run to Rs 1000.
For example , until recently he stayed off the finance sector too.
Many years ago , in a discussion I talked about VFIN and TFIL with him ( think VFIN was in 30s and TFIL was Rs 16 then. Now they have gained 100-300%) As he was not ready to get into finance sector then, I never pushed it. I had no reason to as per my goal.
Though he says he buys on gut feeling, his gut feeling is actually logical. The logic? Dividend paying companies. Summary he is smart enough to know the right from wrong. So should many people be here.
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
IMPORTANTLY
We are all in this soup called CSE.
I see lot of effort here has been made to take the thread off topic .
The same time/effort could have been used to add constructive discussions .
It high time people start sticking to the thread topic and post constructive material.
Also notice the market has gone up last few days. Now trying to consolidate.
Being positive or negative depends on ones personality.
May companies are starting to declare consistent dividends.
Once heavily discussed share on its potential but yet condemned by some ( RWSL) , I see has reported over Rs 0.5 eps for this year. They just declared a Rs 0.1 dividend too. No I don't hold RWSL as of today and no funds to buy as I have interest in others. Point is even penny shares are improving fundamentals while CSE went down.
We can see the positivity as it is or add to the negativity depending on who we are.
I know is there is a silent many who reads here ( post view count is over 1500 so far) and has thinking power to know right from wrong. This post is mainly targeted to them
~~~~~~~~~~~~~~~~~~
Last edited by slstock on Thu Jul 19, 2018 3:15 pm; edited 7 times in total
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
කිත්සිරි ද සිල්වා wrote:This is my very own experience.
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
Ethical Trader wrote:I share the same experience in the previous forum. May be the same person contacted you & me. I too did not get involved. The request was to support manipulative attempts. I never resort to such things.කිත්සිරි ද සිල්වා wrote:This is my very own experience.
A very senior and highly respected member of this and our previous forums PM me once promoting a share that never caught my attention for obvious reasons.
Glad, I did not listen to his friendly advice.
Now, this share is in real shit.
Perhaps, such behind the scene promotions too are working here but hitherto none have brought such incidents to the surface.
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
If the issue is with the latter Exel software would help. As I am no expert in that, unable to help.
[quote="yellow
.... earlier I used to combine two topics in Trading Economics and show the relationship between two varaibles.
Say stock market and GDP Annual growth in one chart... so far I failed to combine.. Please check wether you can do that.
[/quote]
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Now Ying-Yang this is what I was trying to add
Yin-Yang- Posts : 1321
Join date : 2016-03-12
https://www.investopedia.com/terms/m/marketcapgdp.asp
U.S. Economy vs. U.S. Stock Market - The Valuation Story
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
yes... this is the expectation
Now justify that with 2011 and 2012 of Sri Lanka.
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» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Thu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා
» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
Tue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා