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Sri Lanka Equity Forum » Stock Market Talk » KEEP COLLECTING WHEN THERE IS BLOOD !!!!

KEEP COLLECTING WHEN THERE IS BLOOD !!!!

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1 KEEP COLLECTING WHEN THERE IS BLOOD !!!! on Mon Oct 17, 2016 2:15 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics
I agree, buy to the sound of cannons, sell to the sound of trumpets.  Everything is going cheap these days although some excellent earnings are out any minute now.

3 TILL NOVEMBER 10th????? on Mon Oct 17, 2016 2:43 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Gallardo wrote:I agree, buy to the sound of cannons, sell to the sound of trumpets.  Everything is going cheap these days although some excellent earnings are out any minute now.

http://www.sundaytimes.lk/161016/news/unp-slfp-committee-to-review-2017-budget-212804.html

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics
Thanks Ruwan,

Sharing it here -

[size=30]News[/size]
UNP-SLFP committee to review 2017 Budget
View(s): 306


The two main Government partners – the United National Party (UNP) and the Sri Lanka Freedom Party (SLFP) – will review proposals for the November 10 budget with Finance Minister Ravi Karunanayake.
“This is to ensure harmony and the proposals are introduced with the concurrence of both sides,” Mr Karunanayake told the Sunday Times. He said this would obviate issues being raised by one side or the other after the budget is presented.
The UNP team is made up of Ministers Mangala Samaraweera, Malik Samarawickrema, Akila Viraj Kariyawasam and Harin Fernando. The SLFP team will comprise Sarath Amunugama, Anura Priyadarshana Yapa, Mahinda Amaraweera, Susil Premajayantha and Deputy Minister Lasantha Alagiyawanna. The committee will meet at the Ministry of Foreign Affairs on Monday (tomorrow).
The Committee has been appointed by President Maithripala Sirisena in concurrence with Finance Minister Karunanayake. The idea is to ensure that key proposals, particularly those which concern the public, are acceptable to the two parties that constitute the Government. One of the main reasons for the appointment of the committee is the controversy generated after the previous budget was introduced.
The upcoming budget was among the subjects of discussion when President Sirisena met a select group of ministers on Tuesday night.
SEE ALSO POLITICAL COMME

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics
http://www.sundaytimes.lk/161016/news/unp-slfp-committee-to-review-2017-budget-212804.html

This should hopefully remove the 1 step forward, 1 step backward motion seen in the recent past with policy.  Let's hope that a budget secured with agreement beforehand avoids disagreement afterwards.  We've seen the consequences of the latter and the disruption caused has messed the market sentiment more than the actual ground situation.

6 Re: KEEP COLLECTING WHEN THERE IS BLOOD !!!! on Tue Oct 18, 2016 10:36 am

sureshot

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Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This time it will be another  " Kothamalli" Budget .

sharemarket

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kassachandimal wrote:I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.
Laka lakkala ke........ laka lakkala ke.... lol!

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
ganna hadanawa hadanawa yatin fill wenne naa.Kattiya set wela index red thiyan inne habai apita one eke buy wenneth naa

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The question is how much of blood should be there to start collecting?

10 Re: KEEP COLLECTING WHEN THERE IS BLOOD !!!! on Wed Oct 19, 2016 9:12 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@kassachandimal wrote:I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.
What is the positive news you are expecting from a revenue hungry budget?
If the news is to be good to the CSE it has to be good to the listed Companies, in that event how will they bridge the budget deficit?

11 Re: KEEP COLLECTING WHEN THERE IS BLOOD !!!! on Wed Oct 19, 2016 9:20 am

EquityChamp

avatar
Moderator
@samaritan wrote:
@kassachandimal wrote:I'm sure the market will turnaround very soon with positive pre budget news coming. So collect the valuable counters that are on sale these days.
What is the positive news you are expecting from a revenue hungry budget?
If the news is to be good to the CSE it has to be good to the listed Companies, in that event how will they bridge the budget deficit?

Simple theory brother. They will tap you and me pockets. Taking more from us and pay the loan interests. Don't think anything extravagant.

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