The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Search

 
 

Display results as :
 

 

Rechercher Advanced Search

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
predictions 2015 Budget EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
predictions 2015 Budget EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
predictions 2015 Budget EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
predictions 2015 Budget EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
predictions 2015 Budget EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
predictions 2015 Budget EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
predictions 2015 Budget EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
predictions 2015 Budget EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
predictions 2015 Budget EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
predictions 2015 Budget EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
predictions 2015 Budget EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
predictions 2015 Budget EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
predictions 2015 Budget EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
predictions 2015 Budget EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
predictions 2015 Budget EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
predictions 2015 Budget EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
predictions 2015 Budget EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
predictions 2015 Budget EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
predictions 2015 Budget EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
predictions 2015 Budget EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
predictions 2015 Budget EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
predictions 2015 Budget EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
predictions 2015 Budget EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
predictions 2015 Budget EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
predictions 2015 Budget EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
predictions 2015 Budget EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
predictions 2015 Budget EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
predictions 2015 Budget EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
predictions 2015 Budget EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
predictions 2015 Budget EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
predictions 2015 Budget EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
predictions 2015 Budget EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
predictions 2015 Budget EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
predictions 2015 Budget EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
predictions 2015 Budget EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
predictions 2015 Budget EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
predictions 2015 Budget EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
predictions 2015 Budget EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
predictions 2015 Budget EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
predictions 2015 Budget EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
predictions 2015 Budget EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
predictions 2015 Budget EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
predictions 2015 Budget EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
predictions 2015 Budget EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
predictions 2015 Budget EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
predictions 2015 Budget EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
predictions 2015 Budget EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
predictions 2015 Budget EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
predictions 2015 Budget EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
predictions 2015 Budget EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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

+4
HAL9000
smallville
serene
yellow knife
8 posters

    predictions 2015 Budget

    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°1

    predictions 2015 Budget Empty predictions 2015 Budget

    Post by yellow knife Thu Oct 23, 2014 12:30 pm

    Hi Friends

    We all should develop the ability to predict future in areas we are familiar with. Now we have a very good opportunity. Lest try to make predictions on tomorrows budget proposal.. Within two days we can then see whether our predictions were true or not

    Let me start

    1. Tax on Vehicles import

    No changes to existing.
    Justification. .. If tax is reduced buyers will be happy but those who have already imported will be up in arm against government in the election era. If price is increased vehicle buyers will be upset but the majority votes are like that. Former the wealthy minority and latter the vote base. Its better not to upset the both. Giving or extending permits to nurses and teachers for various vehicle categories will make everyone happy. So we can expect that

    2. Petrol price

    Its better to play the trump card late. Its a good move to keep it unutilized until the last few days like Electricity before Uva. But including a statement like that there will be reduction planned and with reduction with bus-fare, train fare along the fuel reduction will make voters ready

    3. Payee tax

    rate will be reduced and the limit eligible will be increased to make it a popular budget






    • Back to top
    serene
    avatar
    serene
    Top contributor
    Top contributor


    Posts : 4850
    Join date : 2014-02-26
    • Post n°2

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by serene Thu Oct 23, 2014 1:17 pm

    Good thread and Predcitions YK.

    I feel there will be concessions and encouragement specially for Corporates to attract votes as well as to give necessary impetus inline with prected economic growth.
    • Back to top
    smallville
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..
    • Post n°3

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by smallville Thu Oct 23, 2014 7:07 pm

    Vehicle tax - will be reduced.. At least the VAT portion would be reduced from 15% to 4-8%.

    Milk powder - deduction on imported milk powder is expected (The world market prices have fallen.)

    Fuel - 5 or 10 rupee reduction on Fuel (Dollar value of a barrel has fallen steeply)


    _________________
    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.
    • Back to top
    HAL9000
    HAL9000
    HAL9000
    Top contributor
    Top contributor


    Posts : 1402
    Join date : 2014-08-11
    Location : Colombo
    • Post n°4

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by HAL9000 Thu Oct 23, 2014 7:15 pm

    Funny thing is, world market prices of commodities have fallen sharply, and they reduce the price as budget proposals in a way of budget concesions of Mahinda Chinthana Razz .
    • Back to top
    First Guy
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22
    • Post n°5

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by First Guy Thu Oct 23, 2014 7:18 pm

    smallville wrote:Vehicle tax - will be reduced.. At least the VAT portion would be reduced from 15% to 4-8%.

    Milk powder - deduction on imported milk powder is expected (The world market prices have fallen.)

    Fuel - 5 or 10 rupee reduction on Fuel (Dollar value of a barrel has fallen steeply)

    There is so much talk about vehicle taxes specially by prospective buyers who are hoping for a reduction while car sale fellows are saying it will increase so that they can sell their existing stocks. Still not quite sure. They might adjust taxes of specific vehicle types though, specially hybrids.

    Lowering taxes mean, more vehicles on the road, roads which do not have the capacity, specially in Colombo. More cars mean more petrol pumped as well Smile

    Milk powder - interesting how this will affect LMF.

    Fuel - This is definitely on the cards, but for how long has CPC stocked with the old stocks? Will they try to recover losses using the margin?
    • Back to top
    sashimaal
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28
    • Post n°6

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by sashimaal Fri Oct 24, 2014 12:32 am

    predictions 2015 Budget 10154110
    • Back to top
    sashimaal
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28
    • Post n°7

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by sashimaal Fri Oct 24, 2014 11:44 am

    for live stream:

    https://www.youtube.com/watch?v=hHvIFvJw9RU&feature=youtu.be
    • Back to top
    slstock
    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12
    • Post n°8

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by slstock Fri Oct 24, 2014 12:10 pm

    Typical Sri Lankan no honor for time.

    The stream had a minute countdown to start (that ended some time ago . think the count down was to start the web cast at 12pm) .

    But now, "please stand by .... starting soon".

    Soon ? Define soon. Soon has passed by 10 minutes already.


    _________________
    Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
    Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
    ---------
    • Back to top
    girihell
    avatar
    girihell


    Posts : 131
    Join date : 2014-03-03
    • Post n°9

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by girihell Fri Oct 24, 2014 12:17 pm

    this link?
    http://www.parliament.lk/business-of-parliament/webcast/parliament-live-on-demand
    sorry it old data
    • Back to top
    sashimaal
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28
    • Post n°10

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by sashimaal Fri Oct 24, 2014 12:29 pm

    Sad took it from President's Facebook page !

    Checked from Derana. Starts at 1.30pm as per info given to them.


    slstock wrote:Typical Sri Lankan no honor for time.

    The stream had a minute countdown to start (that  ended  some time ago . think the count down was to  start the web cast  at 12pm) .  

    But now, "please stand by .... starting soon".

    Soon ? Define soon. Soon  has passed by 10 minutes already.
     
    • Back to top
    slstock
    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12
    • Post n°11

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by slstock Fri Oct 24, 2014 12:35 pm

    Now "stand by count down for 56 more minutes". So yes, budget talk maybe starting at 1.30. (I recall last year was around same time. )

    But the beautifully accurate time information provided to youtube is very nice.

    Sinhala danna Suddo balanne ne kiyala hithanawa :-P


    Last edited by slstock on Fri Oct 24, 2014 12:40 pm; edited 1 time in total


    _________________
    Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
    Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
    ---------
    • Back to top
    slstock
    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12
    • Post n°12

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by slstock Fri Oct 24, 2014 12:38 pm

    In the link you provided a beautiful talk on "Various kinds of Harak" ( also mentions gahanu gawayo) is going on.
    Some entertainment . Just listen for a little while . It fun.




    girihell wrote:this link?
    http://www.parliament.lk/business-of-parliament/webcast/parliament-live-on-demand
    sorry it old data


    _________________
    Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
    Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
    ---------
    • Back to top
    yellow knife
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27
    • Post n°13

    predictions 2015 Budget Empty Re: predictions 2015 Budget

    Post by yellow knife Fri Oct 24, 2014 5:35 pm

    Now our exercise is over. Its time to check how accurate we are.

    I made three predictions

    1. Vehicle tax - I am wrong. Something is happening to vehicle price. no one knows what it is .. no clear indications

    2. Oil Price - I am right.. No change yet

    3. Payee tax - I am right...
    • Back to top

      Current date/time is Sat Jul 27, 2024 6:30 am