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Sri Lanka Equity Forum » Stock Market Talk » MARKET TO BE GREEN WITH "PEOPLE'S BUDGET"

MARKET TO BE GREEN WITH "PEOPLE'S BUDGET"

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1 MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 10:02 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Govt. will bring “People’s Budget” with many surprises beneficial to all: Ravi K
The forthcoming budget to be presented on 10 November will be a people’s budget as it would incorporate ideas proposed by citizens from all corners of the country.

http://www.ft.lk/article/577144/Govt--will-bring--People-s-Budget--with-many-surprises-beneficial-to-all--Ravi-K



(note: Foreigners have been net buyers in the recent times)

2 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 10:39 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Had capital market experienced very low turnover period in last year budget time?

3 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 10:49 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
People's budget absorbs billions of corrupted money incurred at the highest monetary institution. All kind of such losses are to be born by tax payers again. Under such circumstances people's budget in real term is yet far away.

4 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 10:52 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
We have to understand reality that benefit cannot be given to both poor people and rich people(big corporations).If poor people given benefit,those should be get it from rich (from big companies) by new taxes,levy,etc.

Some weak sectors in corporation could get benefit.

5 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 10:55 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@worthiness wrote:People's budget absorbs billions of corrupted money incurred at the highest monetary institution. All kind of such losses are to be born by tax payers again. Under such circumstances people's budget in real term is yet far away.
Unfortunately couldn't confiscate $Billions worth of Rajapaksa family illegal asset yet.

6 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 11:05 am

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Yahapalanaya wrote:We have to understand reality that benefit cannot be given to both poor people and rich people(big corporations).If poor people given benefit,those should be get it from rich (from big companies) by new taxes,levy,etc.

ඉතින් ඒ කෝපරේශන් ටැක්ස් ගෙවන්න සල්ලි ගන්නේ  දුප්පත් මිනිසුන්ට විකුණන භාන්ඩ හා සේවා වලින් බව තේරෙන්නෙ නැද්ද   ? අන්තිමට මොකද වෙන්නේ ?

ඔයා හර්ශ  වත්ද  ?   රවී නම් වෙන්න බෑ. එයා මොනව උනත් ඔයාට වඩා කට්ටයි.

7 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 11:16 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
1948 indanma awe oya budget thama.

ehe hinda wadiye baya wenna ona naha...

8 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 11:18 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Chinwi wrote:
@Yahapalanaya wrote:We have to understand reality that benefit cannot be given to both poor people and rich people(big corporations).If poor people given benefit,those should be get it from rich (from big companies) by new taxes,levy,etc.

 ඉතින්  ඒ කෝපරේශන් ටැක්ස් ගෙවන්න සල්ලි ගන්නේ  දුප්පත් මිනිසුන්ට විකුණන භාන්ඩ හා සේවා වලින් බව තේරෙන්නෙ නැද්ද   ? අන්තිමට මොකද වෙන්නේ ?

ඔයා හර්ශ  වත්ද  ?   රවී නම් වෙන්න බෑ. එයා මොනව උනත් ඔයාට වඩා කට්ටයි.
nikan corporation one vithyata price vadi karanda baa.aketa thamai thiyenne price control,etc

tikkak mola thiyanavanak simple economic theory theranawa.okada Harsath onna ravith onna.

okollo geevith venda puluwang rs 2500 padiyekken.Therannathan okkolloge Bandulagunawardene kiyala thenawa

9 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 11:35 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
We need a budget for the country serving low income earners living standard high not a political oriented budget targeting the next vote. Are poor majority lucky enough to get it?

10 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 11:41 am

uf1991


Equity Analytic
Equity Analytic
"Statements will not help the sentiment anymore. The market is waiting to see some implementation of those policies,".


This is what everyone in the capital and money market says. Lot of statements but no actions. Hopefully this budget will be different than earlier ones.

11 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 12:24 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
True. enforced actions are entirely lacking in the development of capital market. Effectiveness of seminars,official statements, propagation etc.. are minimal unless implementation is carried out in time.

12 Re: MARKET TO BE GREEN WITH "PEOPLE'S BUDGET" on Mon Oct 31, 2016 1:10 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@worthiness wrote:Had capital market experienced very low turnover period in last year budget time?
I am not sure, but the market seems immune to this news.

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