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Sri Lanka Equity Forum » Stock Market Talk » Well organized manipulation to keep the market down !!!!!

Well organized manipulation to keep the market down !!!!!

View previous topic View next topic Go down  Message [Page 1 of 1]

Learner19


Senior Equity Analytic
Senior Equity Analytic
I observe a pattern of selling small quantities of large cap shares to keep the market ASPI down. They use different shares in different days to do this. 

Their motive of course we don't know. ? To collect lower, ? To discredit the present government, ? To buy shares low from HNW sellers who already decided to sell (eg. JKH was brought down to 140 from 155 to buy the foreign selling quantity).

This makes CSE a highly manipulated market. Though we study technical charts, they don't work in CSE because of these manipulators. 

I am trying to understand the patterns of these  manipulators so that I can survive in CSE. I have not much faith in CSE because of these manipulators.

These manipulators are playing with the money and lives of people. When they intentionally do this, they are not going to be happy with this money which has blood of other people.

O manipulators, be fair, let others have their as well. Otherwise their curse will be with you> Though you will have more money, at the end of the day you will not be happy.

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Learner19 wrote:I observe a pattern of selling small quantities of large cap shares to keep the market ASPI down. They use different shares in different days to do this. 

Their motive of course we don't know. ? To collect lower, ? To discredit the present government, ? To buy shares low from HNW sellers who already decided to sell (eg. JKH was brought down to 140 from 155 to buy the foreign selling quantity).

This makes CSE a highly manipulated market. Though we study technical charts, they don't work in CSE because of these manipulators. 

I am trying to understand the patterns of these  manipulators so that I can survive in CSE. I have not much faith in CSE because of these manipulators.

These manipulators are playing with the money and lives of people. When they intentionally do this, they are not going to be happy with this money which has blood of other people.

O manipulators, be fair, let others have their as well. Otherwise their curse will be with you> Though you will have more money, at the end of the day you will not be happy.
You are  correct, though we realize this market is manipulated, where are those regulators, are they sleeping? what  Thilak Karunaratne Joker is doing. alien alien alien

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I also think the gang who manipulated the market to show upward trend before after 2009 and before 2015 try to show downward trend after 2015 Jan

This govt do not have person like former CB governor and do not worry about stock market allow market forces to work

Govt should study Buying and Selling pattern of some selected individual .Firms and Brokers. govt should appoint govt suporte like Nivard Cabral to former govt to CSE. Mere professionals cant handle organisation like CSE in this country

Some blunders of preset govt Finance Ministry also effected the market Person like Nivard Cabral was able Manage and protect market from blunders of last govt

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I think TK is A PH or Mad Hatter

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Now no facility to delete

I sorry TK is NOT a PH or Mad hatter

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@D.G.Dayaratne wrote:Now no facility to delete

I sorry TK is NOT a PH or Mad hatter


Never mind.

Accepted.

For 2 years we were talking about Volkswagen.

Now we simply say no . we never said bringing Volkswagen. kalas.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Khier Inshallah..

soileconomy

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
I simply knew what was going to happen few months ago.so I opened a topic regarding similar topic.
I NAMED IT "MEKA MAHINDA RAJAPAKSAGE WEDAK."
If someone can copy it here.



Last edited by soileconomy on Fri Jan 06, 2017 7:17 pm; edited 2 times in total (Reason for editing : ..)

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Fundamentals are gloomy technical indicators good but the sentiment is kept bearish.Finally there will be massive returns for few people.

omegaplus

avatar
Manager - Equity Analytics
Manager - Equity Analytics
I was writing about this manipulation last few times and this time I completely ignored till I see this post. First we are in a country with finance ministry don't know what they doing. 
Taxes comes and goes as how they feel in that morning or if certain business belongs to some one they like or not. 

PM, Finance minister speak like drunken uneducated some times.  No professionalism and shame when they lie.

Without clear finance and economy management , genuine investors (specially foreign ) will not bother to invest in CSE or country.

omegaplus

avatar
Manager - Equity Analytics
Manager - Equity Analytics
And yes, when everything going like that, only manipulations  and cheap tactics take place but genuine investing.

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@omegaplus wrote:
PM, Finance minister speak like drunken uneducated some times.  No professionalism and shame when they lie.


Two days ago our Hon. PM said they refused a request from Volkswagen to start business here because VW was getting legal issues from world markets.

VW announced that they have had no plans to come to Sri Lanka !

By the way, I think there are some more in this story, other than these lies.

The so called assembly plant owners received the ownership of  govt. owned coconut lands under BOI sec.17 facility.  They and Volkswagen AG signed agreements with BOI for this , as per BOI website.

A ground breaking agreement was signed by the Board of Investment of Sri Lanka with M/s Senok Automobile (Pvt) Ltd and Volkswagen AG to set up in Kuliyapitiya an assembly plant for Volkswagen Automobiles.


VW logo one side and BOI logo other side clearly visible.
Some white skinned persons were brought there to show German link , I think.

BOI still says it is a VW job.
BOI website wrote:Work on the much-awaited Volkswagen assembly plant in Labuyaya, Kuliyapitiya kicked off yesterday with an investment of $ 26.5 million to propel the automobile industry to an innovative era.
BOI Chairman Upul Jayasuriya said the Volkswagen plant would be a major leapfrog for the country in the right direction. The uniqueness of the project would be the inflows of German advanced automobile technology into the country while creating job opportunities for local youth.

I feel someone has fooled BOI, PM and the Govt. ,  has obtained the possession of valuable coconut lands, billions of Tax free import  facilities , other concessions etc.


BOI VW agreement signed

PrasannaMani

avatar
Manager - Equity Analytics
Manager - Equity Analytics
@Chinwi wrote:
@omegaplus wrote:
PM, Finance minister speak like drunken uneducated some times.  No professionalism and shame when they lie.


Two days ago our Hon. PM said they refused a request from Volkswagen to start business here because VW was getting legal issues from world markets.

VW announced that they have had no plans to come to Sri Lanka !

By the way, I think there are some more in this story, other than these lies.

The so called assembly plant owners received the ownership of  govt. owned coconut lands under BOI sec.17 facility.  They and Volkswagen AG signed agreements with BOI for this , as per BOI website.

A ground breaking agreement was signed by the Board of Investment of Sri Lanka with M/s Senok Automobile (Pvt) Ltd and Volkswagen AG to set up in Kuliyapitiya an assembly plant for Volkswagen Automobiles.


VW logo one side and BOI logo other side clearly visible.
Some white skinned persons were brought there to show German link , I think.

BOI still says it is a VW job.
BOI website wrote:Work on the much-awaited Volkswagen assembly plant in Labuyaya, Kuliyapitiya kicked off yesterday with an investment of $ 26.5 million to propel the automobile industry to an innovative era.
BOI Chairman Upul Jayasuriya said the Volkswagen plant would be a major leapfrog for the country in the right direction. The uniqueness of the project would be the inflows of German advanced automobile technology into the country while creating job opportunities for local youth.

I feel someone has fooled BOI, PM and the Govt. ,  has obtained the possession of valuable coconut lands, billions of Tax free import  facilities , other concessions etc.


BOI VW agreement signed
Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy

samaritan


Vice President - Equity Analytics
Vice President - Equity Analytics
ALIENS FROM OTHER PLANETS ARE IN CONTROL OF BOI.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Some people appointed by Ranil even not able to post a letter

If they ask to post a letter they will put it in ti wrong Box

Prime Minister must realise his selection of Royal Crowd is complete failure

Any way MR had very intelligent crowd from village schools and local universities They were cream of Educatio system

But Basil hand picked people who help him to make money. main reason for Mahinda's failure was Basil and his selection

Main reason for Ranil's failure will be his attitude towards Royal crowd
selection of Fools .

PrasannaMani

avatar
Manager - Equity Analytics
Manager - Equity Analytics


Current MS/PM & TEAM-----Very soon there.......

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Rise & fall of any human depend on weight of attitudes employ towards social environment.

samaritan


Vice President - Equity Analytics
Vice President - Equity Analytics
There is no manipulation required to kill a dead snake. The investor sentiment in the CSE has been dampened & dented by mismanagement of the economy in addition to inconsistent policies of the so called yahapalana govt. No point blaming the stage when the performer lacks skill to perform.

RW trying to emulate Lee Kwan Yew is like an Ostrich trying to emulate a Peacock.

omegaplus

avatar
Manager - Equity Analytics
Manager - Equity Analytics
@D.G.Dayaratne wrote:Some people appointed by Ranil even not able to post a letter

If they ask to post a letter they will put it in ti wrong Box

Prime Minister must realise his selection of Royal Crowd is complete failure

Any way MR had very intelligent crowd from village schools and local universities They were cream of Educatio system

But Basil hand picked people who help him to make money. main reason for Mahinda's failure was Basil and his selection

Main reason for Ranil's failure will be his attitude towards Royal crowd
selection of Fools .

Exactly... So they not doing their job.
No professionalism. No long term plans. 
Sad for country, sad for people.

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@D.G.Dayaratne wrote:Some people appointed by Ranil even not able to post a letter

If they ask to post a letter they will put it in ti wrong Box

Prime Minister must realise his selection of Royal Crowd is complete failure

Any way MR had very intelligent crowd from village schools and local universities They were cream of Educatio system

But Basil hand picked people who help him to make money. main reason for Mahinda's failure was Basil and his selection

Main reason for Ranil's failure will be his attitude towards Royal crowd
selection of Fools .

අපේ දයාරත්න​ මහත්තයත් එක්ක කාලෙකට පස්සෙ ෆුලි ඇග්‍රි වෙන්න අවස්ථාවක් ආව​.

මීට වසර 30 -40 කට කලින් තිබුන එ.ජා.ප රජයේ හිටියා දක්‍ෂ හා බලවත් / අති බලවත් නිළධාරීන් කිහිප දෙනෙක්.
තිබුන ඇත්තම තත්ත්වය නම් බොහෝ ඇමතිවරු පවා ඒ අයට යටත් .
හැබැයි ඉතින් ඒ අය කාලෙ හැටියට වැඩේ ඇදගෙන ගියා දක්‍ෂ ලෙස​. විවේචන නොතිබුනා නොවේ. (පහුගිය කාලෙ බැසිල් ට තිබුන වගේ. හැබැයි මගේ මතකේ හැටියට හොරාකන චෝදනා නම් තිබුනේම නෑ වගේ. )

එක් අයෙක් ආර්. පාස්කරලිංගම් මහතා. - ආර් . ප්‍රේමදාස රජයේ මහ බලවතා.
තවත් අයෙක් චරිත රත්වත්තෙ මහතා - රනිල් ගේ මහ බලවතා
අනෙකා වික්‍රම වීරසූරිය මහතා - ජේ ආර් ගෙ කාලෙ මහ බලවත්

හැබැයි ඒ වසර 30 -40 කට කලින් .  මේක කියවන සමහර අය ඉපදිලත් නැතුව ඇති.

අපේ මාමත් ඒකාලෙ ඒ අයගේ වයසෙම වගේ. එයත් ජේ ආර්, ප්‍රේමදාස රජයයන් වල යම් නිළධාරියෙක්.  (නම සඳහන්  කළ නොහැකියි.)
අද එයාට වයස අවුරුදු 85 ක්. විශාම ගොස් සෑහෙන කාලයක්. අනේ එයා නම් ගෙදරට වෙලා සැඳෑ සමය ගෙවනව බොහෝම සරල ලෙස​. පරණ දේවල් ඔක්කොම මතකයි. නමුත් අද ඊයෙ වෙන දේවල් බොහොමයක් පැයෙන් දෙකෙන් අමතක වෙනව​.  තමන් ගේ ශාරීරික , මානසික​ ශක්තිය ගැන අවබෝධයක් තියෙන නිසා ගෙදර සියලු දේ  ගැන තීරණ ගන්න එක තම පුතාට බාර දීල  ජොලියේ ඉන්නව​.

මම අර කලින් නම් දක්වන ලද සියලු දෙනා නැවත ගෙන්වා   මේ රජයේ ඉහලම තීන් දු තීරන ගන්න ධූරයන් හොබවන්න බාර දීල ලු.  
මම හිතන් ඉන්නෙ අපේ මාමටත් කියන්න නැවත රස්සාවට යන්න සූදානම් වෙන්න කියල​.  පරණ සෙට් එක අඳුනන නිසා දැක්ක ගමන් ජොබ් එක ශුවර්.  

Note: පාස්කරලිංගම් මහත්තය ගිය  ඉස්කෝලෙ මම දන්නෙ නෑ. අනිත් දෙන්න නම් ඉතින්  රෝයල්   තමයි. (පුදුම වෙන්න දෙයක් නෑනේ.  ? )  











බොලේ මමත් රෝයල් !

anges


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
no need to manipulate ! money printing by government ,rupee going down dollar investment looks better ! high debt and inflation on the horizon ! foreigners pulling the cash out and high taxes here ! thats the answer

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@anges wrote:no need to manipulate ! money printing by government ,rupee going down dollar investment looks better ! high debt and inflation on the horizon ! foreigners pulling the cash out and high taxes here ! thats the answer

This year also more money printing, no escape.

Non matching salary increases take at least 3 years to settle in equilibrium.

බොරුව හා හොරකමම ජීවිතේ කර නොගත්ත, මොළයක් ඇති මුදල් ඇමතිවරයකු යටතට ආර්ථිකය පාලනය පත් වුවහොත් 2018 මැද වෙනවිට යම්තරමක බැලන්ස් වීමක් සිදු කර ගත හැකියි.

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
this topic is stupid, @Learner19 doesn't understand the market and economy at all.

Current market is down due to policy uncertainty.
Example:- some tax implications which were suppose to be effected from 01st Jan was pushed back to 01st April. (SVAT, Notional tax implications are few things which were pushed back)

Currently some investments have started to kick in, but much more is needed to kick start this economy.

One of the main reason behind the CSE to be bearish is due to interest rate risk. There's a very high possibility of interest rate being pushed up, which makes govt security market more attractive than CSE. USA will have few more rate hikes this yr like last yr. That'll will adversely effect countries like ours where foreigners will take out there money from our market to invest in USA. To navigate through capital outflow issue our CB might shift interest rate upward to keep capital outflow at a manageable level. There're other reasons for interest rate hike but this is one reason only.(Credit growth is another factor also.)

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Currently what investors do is according to my view is that buy and consolidate your existing selected share portfolio. Try to bring down your avg. cost price. Have a long term view when investing now.

Short term investing rite now at cse is very risky under current prevailing conditions.

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Even Today the same group who are behind the market manipulation, is trying to bring down the index by using JKH.

Learner19


Senior Equity Analytic
Senior Equity Analytic
@jayathu wrote:this topic is stupid, @Learner19 doesn't understand the market and economy at all.

Current market is down due to policy uncertainty.
Example:- some tax implications which were suppose to be effected from 01st Jan was pushed back to 01st April. (SVAT, Notional tax implications are few things which were pushed back)  


Thanks Jayathu for your observation. 

I am still learning regarding the market and economy at large. The more I learn the more I understand, that  there are so much more to learn. I used to think that I knew much when I had little knowledge, but now I know, that I have a very little knowldge after studying the economy and market for the past 5 years.

I still hold to my understanding of this manipulation which I have observed. 

Once the JKH selling is absorbed and other shares are collected by the manipulators, they will move the market sooner during January - April period, if the reason to bring the market down was to collect low. 

If it was done to discredit the government, market will be the similar bearish for the foreseeable short term future. But the manipulators will find it hard to keep the market down with so many positive news. ( Latest being the granting of GSP +). 

If there is no market manipulation, there wont be any upward market movement as the fundamentals wont have changed much i.e high interest environment in Sri Lanka, inconsistent policies by the government, Fed rate hike in USA and associated outflow, Brexit and associated instability. 

So, will wait and see. Time will give us the answer.

Learner19


Senior Equity Analytic
Senior Equity Analytic
@Learner19 wrote:
@jayathu wrote:this topic is stupid, @Learner19 doesn't understand the market and economy at all.

Current market is down due to policy uncertainty.
Example:- some tax implications which were suppose to be effected from 01st Jan was pushed back to 01st April. (SVAT, Notional tax implications are few things which were pushed back)  


Thanks Jayathu for your observation. 

I am still learning regarding the market and economy at large. The more I learn the more I understand, that  there are so much more to learn. I used to think that I knew much when I had little knowledge, but now I know, that I have a very little knowldge after studying the economy and market for the past 5 years.

I still hold to my understanding of this manipulation which I have observed. 

Once the JKH selling is absorbed and other shares are collected by the manipulators, they will move the market sooner during January - April period, if the reason to bring the market down was to collect low. 

If it was done to discredit the government, market will be the similar bearish for the foreseeable short term future. But the manipulators will find it hard to keep the market down with so many positive news. ( Latest being the granting of GSP +). 

If there is no market manipulation, there wont be any upward market movement as the fundamentals wont have changed much i.e high interest environment in Sri Lanka, inconsistent policies by the government, Fed rate hike in USA and associated outflow, Brexit and associated instability. 

So, will wait and see. Time will give us the answer.

Guys what do you think now?

I think the manipulators have decided to push the market up. So they are doing it very nicely.

Nothing has changed with regard to political uncertainty, interest rate were increased all the negatives from JO and Nivard Cabral is still there. But why the market is going this fast?

What have the negative people who blamed the present government got to say now?

Please share your thoughts.

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics


That is because you are  still a Learner.

Learner19


Senior Equity Analytic
Senior Equity Analytic
@Chinwi wrote:

That is because you are  still a Learner.

 Agree 100% that I am a learner. I would like to be a learner until I die as I believe in being a student in life.

I understand that market going down in adverse macroeconomic, political conditions if those are the reasons. What I don't understand is how and why the market has turned and ascending like this.

I have a great respect for you for your contribution in educating people in the forum. 

Can you please educate us on your thoughts on the reasons for the market pick up, whether it is sustainable, whether it is a dead cat bounce, is it a trap for the retailers etc.

Highly appreciate your input.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Protect the market from manipulates is a job of Regulater

My suggestion is Regulators. should not allow brokers to charege Brokers fee when selling below cost Brokers fee can be doubled
when selling with profit

Then brokers will not encourage below cost selling

Some one will say no such regulation in the other share markets of the world

Sri Lanka situation is peculiar. Regulator must introduce suitable regulations to this country

This is only a suggestion.

EquityChamp

avatar
Moderator
Learner, I hope you will understand that the current market recovery is due to shift in the market sentiment. When JKH is moving from 135 to 149 anyone should understand that ASPI will follow. In the same way if JKH to come down again to 130 then ASPI coming back to 5900 is also not a surprise.

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