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Sri Lanka Equity Forum » Stock Market Talk » The economy is on a recovery path with a potential for higher growth."

The economy is on a recovery path with a potential for higher growth."

Go down  Message [Page 1 of 1]

predictor


Senior Equity Analytic
Senior Equity Analytic
There are some members in this forum who want to create a negative picture about the CSE, Government, Economy, Exchange rate etc.
Their main intention is to bring down the market during one period and buy from those who can't hold on to it and then promote and sell what they bought.
 
Some of these people who try to show that they are the experts in the forum( I am not pinpointing real experts who analyse a particular share and leave the decision to members) and create a negative picture in the forum.
 
Whenever there is a bad news they pick that and go on commenting.

With the prevailing media freedom in the country we can see guys with similar ideas occupying places in newspaper publishing companies as well as in electronic media.

 
 
Just an example. Us $ exchange rate is the highest = Rs. 152/- This was in the forum few days back.
 
If you look at the us $ index  (not the exchange rate) these days.
Its the highest during last 13 years against major currencies in the world.
http://www.tradingeconomics.com/united-states/currency
 
Quote
"The US Dollar decreased 0.0200 or 0.02% to 103.0400 on Friday December 23 from 103.0600 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985 and a record low of 71.32 in April of 2008.

 
The United States Dollar is expected to trade at 100.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 115.00 in 12 months time."
Unquote


But our so called experts expect SL Rs should appreciate against the Us $.

Look at the Economy. Look at the sunday times 25th December 2016
 http://www.sundaytimes.lk/161225/columns/modest-economic-growth-in-2016-after-avoiding-serious-economic-crisis-221864.html

Pl read the full article of Mr. Nimal Sandarathne
Last Para of the article
 
Quote
"The year that is ending is not one of robust growth. Nevertheless a serious economic and financial crisis was averted and a foundation laid for economic stability and growth. The policy measures taken this year, if effectively implemented, could provide the foundation for a better economic performance in 2017.
Global economic conditions, efficacy of implementing reforms, certainty in economic policies and ensuring social harmony would determine the pace of the country’s economic development. The economy is on a recovery path with a potential for higher growth."
Unquote
 
No government is 100% perfect. Policies of no government is 100% perfect.
Look at yourself. Are you 100% perfect.
Therefore what we have to look at is whether this govt is relatively better than previous regime or not.

These so called experts when they pick one bad thing and comment don't get panic and dispose your shares at a loss. This is what they expect you to do. They want small timers disappear from the market.
Look at the members who most of the time try to paint a negative picture. don't even read their comments.
I feel they are part of a group who get involve in manipulating the market. Sometimes these people trade just few shares in order to bring down the index.
 

My advise is don't get caught to them and sell your shares at a loss.

soileconomy

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Getting the right picture or seeing it does not mean that it is negative. Sometimes it is the most prudent way.what you categerized as Negative people have proved thier are winners upto now .

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
HIGHER GROWTH!

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@samaritan wrote:HIGHER GROWTH!
Is it your photo... Rolling Eyes Rolling Eyes Rolling Eyes

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@predictor wrote:There are some members in this forum who want to create a negative picture about the CSE, Government, Economy, Exchange rate etc.
Their main intention is to bring down the market during one period and buy from those who can't hold on to it and then promote and sell what they bought.
 
Some of these people who try to show that they are the experts in the forum( I am not pinpointing real experts who analyse a particular share and leave the decision to members) and create a negative picture in the forum.
 
Whenever there is a bad news they pick that and go on commenting.

With the prevailing media freedom in the country we can see guys with similar ideas occupying places in newspaper publishing companies as well as in electronic media.

 
 
Just an example. Us $ exchange rate is the highest = Rs. 152/- This was in the forum few days back.
 
If you look at the us $ index  (not the exchange rate) these days.
Its the highest during last 13 years against major currencies in the world.
http://www.tradingeconomics.com/united-states/currency
 
Quote
"The US Dollar decreased 0.0200 or 0.02% to 103.0400 on Friday December 23 from 103.0600 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985 and a record low of 71.32 in April of 2008.

 
The United States Dollar is expected to trade at 100.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 115.00 in 12 months time."
Unquote


But our so called experts expect SL Rs should appreciate against the Us $.

Look at the Economy. Look at the sunday times 25th December 2016
 http://www.sundaytimes.lk/161225/columns/modest-economic-growth-in-2016-after-avoiding-serious-economic-crisis-221864.html

Pl read the full article of Mr. Nimal Sandarathne
Last Para of the article
 
Quote
"The year that is ending is not one of robust growth. Nevertheless a serious economic and financial crisis was averted and a foundation laid for economic stability and growth. The policy measures taken this year, if effectively implemented, could provide the foundation for a better economic performance in 2017.
Global economic conditions, efficacy of implementing reforms, certainty in economic policies and ensuring social harmony would determine the pace of the country’s economic development. The economy is on a recovery path with a potential for higher growth."
Unquote
 
No government is 100% perfect. Policies of no government is 100% perfect.
Look at yourself. Are you 100% perfect.
Therefore what we have to look at is whether this govt is relatively better than previous regime or not.

These so called experts when they pick one bad thing and comment don't get panic and dispose your shares at a loss. This is what they expect you to do. They want small timers disappear from the market.
Look at the members who most of the time try to paint a negative picture. don't even read their comments.
I feel they are part of a group who get involve in manipulating the market. Sometimes these people trade just few shares in order to bring down the index.
 

My advise is don't get caught to them and sell your shares at a loss.
You are correct.

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Yahapalanaya wrote:
@samaritan wrote:HIGHER GROWTH!
Is it your photo... :roll: :roll: :roll:
The photo depicts the plight of CSE investors.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Comments given by colored figures are always irrelevant & dubious. Forum readers often look forward for cold-eyed facts which bear the real strength.

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
being optimistic is good ! being foolish is negative ! lol Very Happy Very Happy

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics


This is how we , naughty boys, were painting negative picture to bring stock prices down during last 2 years.

predictor


Senior Equity Analytic
Senior Equity Analytic
Just a reply.
1--- Salary increase of Rs.10,000/- per month for 1,400,000 Govt employees for 1 year would be Rs.
168 Bln = Us $ 1.12 bln.
Previous regime big wigs had more than 4 Bln Us $ in their savings Account(Only in 3 accounts forget all other accounts)
Which is better? Distributing money among citizens or with one family.

Pl read the full article.
http://dbsjeyaraj.com/dbsj/archives/11941

last para
Quote
"So what would be the real ‘intake’? It would be anywhere between US $ 400 and $ 500 million per year, say the knowledgeable.
——
(The writer is a New Delhi-based journalist-author and strategic analyst. This paper appears in South Asia Analysis Group as paper o 5261"
Unquote


2--Super Tax
Read the following to identify the taxation of world best countries.
http://economictimes.indiatimes.com/news/international/business/top-10-highest-tax-paying-countries-in-2015/articleshow/48216892.cms





Even the selling of Hambanthota port was on cards during the previous regime since they realized the inability to service the debts.
No need to waste time on others like Floor pots


People with little knowledge become  too dangerous when they try to teach others.

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Chinwi wrote:

This is how we ,  naughty boys,  were painting negative picture to bring stock prices down during last  2 years.

Good compilation of hard facts. The cabbage boys must at least learn from past mistakes!

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@predictor wrote:Just a reply.
1--- Salary increase of Rs.10,000/- per month for 1,400,000 Govt employees for 1 year would be Rs.
168 Bln = Us $ 1.12 bln.
Previous regime big wigs had more than 4 Bln Us $ in their savings Account(Only in 3 accounts forget all other accounts)
Which is better? Distributing money among citizens or with one family.

Pl read the full article.
http://dbsjeyaraj.com/dbsj/archives/11941

last para
Quote
"So what would be the real ‘intake’? It would be anywhere between US $ 400 and $ 500 million per year, say the knowledgeable.
——
(The writer is a New Delhi-based journalist-author and strategic analyst. This paper appears in South Asia Analysis Group as paper o 5261"
Unquote


2--Super Tax
Read the following to identify the taxation of world best countries.
http://economictimes.indiatimes.com/news/international/business/top-10-highest-tax-paying-countries-in-2015/articleshow/48216892.cms





Even the selling of Hambanthota port was on cards during the previous regime since they realized the inability to service the debts.
No need to waste time on others like Floor pots


People with little knowledge become  too dangerous when they try to teach others.
Basketball Basketball Basketball

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Salary increase was only for getting votes. Common trump used buy all parties to grab the power. Now who bears the consequences?
Super gain tax imposed due to government's liquidity issues rather printing money. However in meeting ever increasing expenses CB is out of control in printing notes. 
Every action is linked to negative effect irrespective of who rule the country.

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@predictor wrote:Just a reply.
1--- Salary increase of Rs.10,000/- per month for 1,400,000 Govt employees for 1 year would be Rs.
168 Bln = Us $ 1.12 bln.
Previous regime big wigs had more than 4 Bln Us $ in their savings Account(Only in 3 accounts forget all other accounts)
Which is better? Distributing money among citizens or with one family.


People with little knowledge become  too dangerous when they try to teach others.

Which is better ?

As per the intelligent reply, big wigs have deposited 4 Billion in banks !.

Still they were able to develop the country and maintain economy at healthy levels while spending colossal amounts to buy daily burning warheads , fighter planes ,interceptors, tens of thousands of bullets, warhead launchers , naval crafts, combat radar and other equips, burn tanks of fuel per day for war only, buying petroleum @ over 100 , loosing billions of property and paying compensation due to regular terror attacks , paying billions to the people who gave lands for highways , paying billions to contractors and sub contractors who built thousands of miles of road ways all over the country, new schools, markets and other buildings and so on.

Then what a show from those who came to power to make it further good  ?
Incapable lunatics.

predictor


Senior Equity Analytic
Senior Equity Analytic
4bln $ means almost 1 1/2 years total import cost of petrol, diesel to the country. Petrol, Diesel for all vehicles, Diesel for generating power etc. Can anyone imagine the colossal amount robbed?

Even an individual can get bank facilities if he/she is credit worthy. You can also get a grace period to pay the installment. During that period spend lavishly and when installment to be paid take another loan and pay the installment. This was what happened previously. 

Similarly previous govt. got loans and spend lavishly. That is why citizens felt govt was developing the country. Loans were taken to do the Hambanthota port. But when we can't pay the installment China who gave the loan now going to buy the 80% of the port and the area.
Cost of the land and the entire expenditure for the port development work they valued less than the total loan.
 
Loans were taken in order to rob through projects. To cover that up they gave all demands of govt. employees. Initially permits were only for Doctors. Thereafter whenever some group is unhappy they were given vehicle permits and shut their mouths. To cover up the wrongdoings of the govt. each and everyone who made a fuss were given toffees.

Even 3 wheel drivers were given all what they wanted to satisfy them and get their votes and their dependents votes which is over may be 3 mln. 

This govt is struggling to pay the loans taken previously. At least to some extent corruption is reduced. 
Give them time to develop the country.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Who are capable Lunatics ?

I think this is fight between capable and incapable Lunatics

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Chinwi uncles lunatic definition

Lunatic who doesn't know

*kill reporters and destroy broadcast

*abduct in white vans 

*robs properities,luxury houses in US ans Srilanka,keeping money in Dubai,purchasing CSN,......

*government housing to relatives,purchasing duty free shops,illegal liquor business

*Giving orders to judges

*Killing like Thadjudin and set up accident(Expert in muder)

*Getting ban on GSP+,Fish export ban...

*Getting 10% commission on white elephant projects for that people are suffering now

......................................

........................................

Yes Chinwi uncle according to your definition this regime is Lunatics.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Year 2017 offers another chance ( may be the final) for Good Governance party to get corrected themselves the misdeeds attended in 2016 intentionally or unintentionally.
Many senior politicians are in one basket are being utterly disgusted by people. 
Good Governance can declare the year as "Clean up" year fulfilling all the promises made at the feet of people begging their votes two years before.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ranil has already initiated following anti good governance activities

1 Bond Issue May be for UNP Election Fund But mahendran family misuse the opportunity

2 Cancellation of BOC share transaction

I do not agree with Chniwi's other allegation

Any comparing with What Basil has done during MR's period still yahapalanaya is better

I hope very intelligent ,educated and experienced Chinwi also will under stand it at the end of 2017

Any way basil and the crowed ( Ali baba and HORU 400000) come again it will be end of future generation .

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@D.G.Dayaratne wrote:Ranil has already initiated following  anti good governance activities

1 Bond Issue May be for UNP Election Fund But mahendran family misuse           the opportunity

2 Cancellation of BOC share transaction

I do not agree with Chniwi's other allegation

Any comparing with What Basil has done during MR's period still yahapalanaya is better

I hope very intelligent ,educated and experienced Chinwi also will under stand it at the end of 2017

Any way basil and the crowed ( Ali baba and HORU 400000) come again it will be end of future generation .
Sadly under the so called yahapalana it is Silly Baba & Horu 500000.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
May people gain the wisdom to choose validly the most trusted group out of traditional if current faults further. 
Admittedly people are frustrated, disappointed & disgusted but still vote madly for orthodox scoundrels...Who is to be blamed...

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
So far no alternative

most of people do not like left parties because of their attitude on Education and welfare. leftist attitude is every thing should be given free

People know it is not practical and failed in many 
 leftist countries including China 

That is why people still believe orthodox  scoundrels

No country has developed under liberal Democracy

It may be good policy after development

This country needs well educated Balance minded Benevolent Dictator




t

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Similar to Anwar Sadath in Egypt, Ayuq Khan in Pakistan, Mao Ze dong in China, Fidel in Cuba, Ali Khameni in Iran...anyone else..?

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