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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 - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sink Below 7000 - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sink Below 7000 - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sink Below 7000 - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sink Below 7000 - Page 2 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 - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sink Below 7000 - Page 2 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 - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sink Below 7000 - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sink Below 7000 - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sink Below 7000 - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sink Below 7000 - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sink Below 7000 - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sink Below 7000 - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sink Below 7000 - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sink Below 7000 - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sink Below 7000 - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sink Below 7000 - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sink Below 7000 - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sink Below 7000 - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sink Below 7000 - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sink Below 7000 - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sink Below 7000 - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sink Below 7000 - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sink Below 7000 - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sink Below 7000 - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sink Below 7000 - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sink Below 7000 - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sink Below 7000 - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sink Below 7000 - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sink Below 7000 - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sink Below 7000 - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sink Below 7000 - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sink Below 7000 - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sink Below 7000 - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sink Below 7000 - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sink Below 7000 - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sink Below 7000 - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sink Below 7000 - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sink Below 7000 - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sink Below 7000 - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sink Below 7000 - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sink Below 7000 - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sink Below 7000 - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sink Below 7000 - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sink Below 7000 - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sink Below 7000 - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sink Below 7000 - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sink Below 7000 - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Sink Below 7000 - Page 2 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

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    Sink Below 7000 - Page 2 Empty Re: Sink Below 7000

    Post by Future123 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
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    Sink Below 7000 - Page 2 Empty Re: Sink Below 7000

    Post by Future123 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.
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    Sink Below 7000 - Page 2 Empty Re: Sink Below 7000

    Post by smallville 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
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    Post by smallville 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..
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    Sink Below 7000 - Page 2 Empty Re: Sink Below 7000

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

    Please stop name-calling. I have been calling to put a stop for that.
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    Post by seek 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.
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Sink Below 7000 - Page 2 Empty Re: Sink Below 7000

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

    I am not totally out but now looking at other opportunities.
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    Post by sashimaal Tue Nov 17, 2015 9:17 am

    Wait till the budget. No need to panic.

    Sentiment can change any moment Smile
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    Post by LSE 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
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    Post by Backstage Tue Nov 17, 2015 9:40 am

    I feel a bit Greenish today. alien
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    Post by HUNTER 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)
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    Post by Backstage 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' ?
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    Post by HUNTER 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'.

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    Post by Backstage 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.
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    Post by HUNTER 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'.

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

    Back stepping in, when others showing signs of going senile is a good sign. Very Happy
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    Post by Backstage 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
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    Post by කිත්සිරි ද සිල්වා Wed Nov 18, 2015 1:31 pm

    Still Yo Yo and needs another Lomu to break the 7K barrier. Very Happy
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    Post by Backstage Wed Nov 18, 2015 1:34 pm

    Wait for the Ravi Run. If not Maggi noodle for Christmas.
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    Post by කිත්සිරි ද සිල්වා 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.
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    Post by HUNTER 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.
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    Post by blacknights 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.
    HUNTER
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    Post by HUNTER Thu Jan 21, 2016 9:35 am

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