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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

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Sink Below 7000 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sink Below 7000 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sink Below 7000 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sink Below 7000 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sink Below 7000 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Sink Below 7000 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sink Below 7000 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
Sink Below 7000 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sink Below 7000 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sink Below 7000 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sink Below 7000 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sink Below 7000 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sink Below 7000 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sink Below 7000 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sink Below 7000 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sink Below 7000 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sink Below 7000 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sink Below 7000 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sink Below 7000 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sink Below 7000 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sink Below 7000 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sink Below 7000 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sink Below 7000 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sink Below 7000 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sink Below 7000 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sink Below 7000 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sink Below 7000 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sink Below 7000 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sink Below 7000 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sink Below 7000 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sink Below 7000 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sink Below 7000 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sink Below 7000 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sink Below 7000 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sink Below 7000 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sink Below 7000 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sink Below 7000 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sink Below 7000 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sink Below 7000 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sink Below 7000 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sink Below 7000 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sink Below 7000 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sink Below 7000 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sink Below 7000 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sink Below 7000 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sink Below 7000 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sink Below 7000 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sink Below 7000 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sink Below 7000 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Sink Below 7000 EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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+12
smallville
poor boy
HUNTER
nihal123
LSE
Market lover
slstock
econ
sashimaal
mymoney
Future123
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16 posters

    Sink Below 7000

    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Sink Below 7000 Empty Sink Below 7000

    Post by කිත්සිරි ද සිල්වා Fri Nov 13, 2015 2:16 pm

    Sink below 7000 and what do Charts say now?
    avatar
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    Sink Below 7000 Empty Re: Sink Below 7000

    Post by Future123 Fri Nov 13, 2015 2:34 pm

    Looks like budget is going to be anti investor. Market has sensed it.

    Market would go to 10,000 points if the space debris had fallen on Ravi K  Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy 
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    Sink Below 7000 Empty Re: Sink Below 7000

    Post by mymoney Fri Nov 13, 2015 2:47 pm

    7000 is the final bottom, most of shares hold it's ground, But ASI is falling because shares like COMB, NEST down.
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    Post by sashimaal Fri Nov 13, 2015 2:50 pm

    Let's wait for the budget.

    Charts will say 6970 is the lowest till then. 7000 has support Smile

    කිත්සිරි ද සිල්වා
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    Post by කිත්සිරි ද සිල්වා Fri Nov 13, 2015 2:53 pm

    Managed to scramble back again above 7000 and let's wait and see after the much awaited Fat R budget. Very Happy
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    Post by econ Fri Nov 13, 2015 5:59 pm

    Future123 wrote:Looks like budget is going to be anti investor. Market has sensed it.

    Market would go to 10,000 points if the space debris had fallen on Ravi K  Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy 

    agreed. another bear is imminent i guess.
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    Post by slstock Sat Nov 14, 2015 9:46 am

    I just saw this Kithsiri,

    See the 2nd part on the below post. It is relevant to your question . I did not make chart but it based on Technicals too.


    https://forum.lankaninvestor.com/t2780p120-acl-kcab-and-apla-future#54802

    I will tell one thing.
    Whenever the market bounces ( hoping for no more bad news in budget) it will have room to gain massively if needed Wink

    Else second para in post will help.
    කිත්සිරි ද සිල්වා
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    Post by කිත්සිරි ද සිල්වා Sat Nov 14, 2015 9:57 am

    Thanks SLS.
    (I am in fact not so concerned about the fall, as I am in for long term here. I was just wondering what charts have forecast only). Very Happy
    slstock wrote:I just saw this Kithsiri,

    See the 2nd part  on the below post.  It is  relevant to your question . I did not make chart but it based on Technicals too.


    https://forum.lankaninvestor.com/t2780p120-acl-kcab-and-apla-future#54802

    I will tell one thing.
    Whenever the market bounces ( hoping for no more bad news in budget) it will have room to gain massively  if needed Wink

    Else second para in post will help.
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    Post by sashimaal Mon Nov 16, 2015 2:25 pm

    Today's drop is more than i expected..so my numbers may be broken.


    sashimaal wrote:Let's wait for the budget.

    Charts will say 6970 is the lowest till then. 7000 has support Smile

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    Post by Market lover Mon Nov 16, 2015 2:32 pm

    Paris has created Panic.
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    Post by mymoney Mon Nov 16, 2015 2:41 pm

    Terribly down below up trend channel..., Now what....?
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    Post by sashimaal Mon Nov 16, 2015 3:13 pm

    Day ended at 6965

    COMB crossing at 145 shows where it might go in ST. ASI can move towards 6900 (+/-  30 points)

    Good thing is as SLS has mentioned, once it starts running, could go up a lot.

    Over to RK...if he messes... !
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    Post by LSE Mon Nov 16, 2015 3:38 pm

    Don't panic guys... Be greedy... Collect more at the bottom... study study study
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    Post by sashimaal Mon Nov 16, 2015 3:42 pm

    Yes good time to collect.

    LSE - can you pls your analysis. Thanks


    LSE wrote:Don't panic guys... Be greedy... Collect more at the bottom... study study study
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    Post by mymoney Mon Nov 16, 2015 3:54 pm

    LSE wrote:Don't panic guys... Be greedy... Collect more at the bottom... study study study

    bottom නම් තමයි, ඒත් තව වැටෙයි කියලත් බයයි
    scratch

    Sink Below 7000 <a href=Sink Below 7000 Asi10" />
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    Post by nihal123 Mon Nov 16, 2015 5:01 pm

    mymoney wrote:
    LSE wrote:Don't panic guys... Be greedy... Collect more at the bottom... study study study

    bottom නම් තමයි, ඒත් තව වැටෙයි කියලත් බයයි
    scratch

    Sink Below 7000 <a href=Sink Below 7000 Asi10" />

    Thanks LSE

    Yes mymoney, I also think so.

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    Post by mymoney Mon Nov 16, 2015 5:04 pm

    another one of series of Bad news :

    https://forum.lankaninvestor.com/t6665-turnover-tax-threat-for-tourism#54989

    Can market rebound with these type of news ?
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    Post by HUNTER Mon Nov 16, 2015 5:51 pm

    So, Kith wanted to know what would happen next, just for fun.

    Therefore, I have done my analysis below, also for fun.

    ----------------------------------

    Sometime ago, I posted my view about a time window for the market to reverse up (Sept 20~ Oct 10); and we missed that up (Or someone messed it up?)

    https://forum.lankaninvestor.com/t4908p315-this-weeks-most-discounted-101-shares-by-hunter

    Until that window, market had had a short term down trend. (Non-overlapping waves).
    Usually, 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, what I can see, in the chart, is the possibility of another short downfall very soon (Down to 6750).

    However, since the net results of this quarter seem to be positive, I expect the market to bounce up again to continue the 'sideways swing' (Up to 7650).

    All these are illustrated in the following chart.


    Sink Below 7000 Asi_2010

    (As said, this is done partially for fun)

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    Post by කිත්සිරි ද සිල්වා Mon Nov 16, 2015 6:43 pm

    Thank guys. Very Happy
    (So the consensuses is to buy more and wait for it to bounce back).
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    Post by sashimaal Mon Nov 16, 2015 7:33 pm

    I hope 6750 won't be best bet.

    If that happens, Shocked Mad

    If so, why buy now?

    Anyway, budget will be the key at the moment.

    කිත්සිරි ද සිල්වා wrote:Thank guys.  Very Happy
    (So the consensuses is to buy more and wait for it to bounce back).
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    Post by Future123 Mon Nov 16, 2015 8:50 pm

    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
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    Post by mymoney Mon Nov 16, 2015 9:25 pm

    Better to liquidate and ready with cash..., Coming colors are not good Embarassed
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    Post by sashimaal Mon Nov 16, 2015 9:28 pm

    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
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    Post by poor boy Mon Nov 16, 2015 9:31 pm

    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.
    කිත්සිරි ද සිල්වා
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    Post by කිත්සිරි ද සිල්වා Mon Nov 16, 2015 9:34 pm

    With the kind of people around, it is a real possibility.  Very Happy
    (Stolen and now hidden money can come into play a roll too). Shocked
    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.

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