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Sri Lanka Equity Forum » Stock Market Talk » Very bullish market

Very bullish market

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1 Very bullish market on Sat Jun 03, 2017 4:28 pm

reyaz

avatar
Manager - Equity Analytics
Manager - Equity Analytics
First topic message reminder :

JKH Is an excellent choice, so is pap counter.

Your views


26 Re: Very bullish market on Mon Jun 05, 2017 6:17 am

Richman


Equity Analytic
Equity Analytic
@stockback wrote:
@Teller wrote:Another main issue is Sri Lanka is going to  have  a black spot due  to non payment of Hambanthota cricket ground debt payment. Government has to do some thing soon


these are political drama. to sale H.Port

Agree stockback. This is nothing worry at all.

27 Re: Very bullish market on Wed Jun 07, 2017 2:10 am

Teller


Moderator
I don't want to make you panic or dull but I wanted to alert you before taking any risks . Yesterday most of the Asian markets were driven to RED due to Qatar issue. World oil prices increased marginally and expect to rise in a recent high. Approximately 145,000 sri Lankan in trouble who works in Qatar at the moment . Asian markets are in pessimistic stage at the moment .

28 Re: Very bullish market on Wed Jun 07, 2017 8:31 am

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
I had a chat with my best friends and everyone is expecting market blast over 7200 level immediately.
Reason is continuous foreign buying specially JKH
Most of us agreed it will trade near 180 this month.

When JKH goes Up market goes up. Also there is no negative news (when international market rise did the CSE rise ? No ) . Didn't anyone in forum tell you about other international market rise ? So think when anyone tell these negatives ideas. 

Rupee is stable and international affairs are good in SL.
No election near by so no political instability.

So be ready for a good ride friends. Keep an eye on BFN A foreign accountant also bought 75,000 shares recently. BFN is getting illiquid daily. NAV is Rs.17/-

BFN must reach at least NAV.  Decision is yours.

Good luck 
Maharaja

29 Re: Very bullish market on Wed Jun 07, 2017 8:57 am

Hanoifortune


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Teller wrote:I don't want to make you panic or dull but I wanted to  alert you before taking any risks .  Yesterday most of the Asian markets were driven to RED due to Qatar issue. World oil prices increased marginally and expect to rise in a recent high. Approximately 145,000 sri Lankan in trouble who works in Qatar at the moment .  Asian markets are in pessimistic stage at the moment .

Qatar issue will perpetuate .

 This may lead to civil war in Saudi  and rise of a new leader out side the royal family.

If all SriLankan labourers from ME have to come back  it is  big issue for SriLanka  for jobs and foreign reserve.

 We have to watch the election of France and UK as well.

We are in a  peril,nearing to WWIII

30 Re: Very bullish market on Wed Jun 07, 2017 11:15 am

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
Looks like CSE is not ready for some middle east problem.
Strong technical trend forming. 

Truth will always win.
See you all at ASI 7200

Maharaja.

31 Re: Very bullish market on Thu Jun 08, 2017 9:02 am

EquityChamp

avatar
Moderator
Market is currently at a consolidation phase. JKh is in consolidation as well. When these two are in consolidation the rest moving up and down creating opportunities. So in summary you will see market be volatile a bit around 1% +/- arround 6,700 mark before it moves to next level.

ASPI coming back to 5900 meaning a baseless argument otherwise we see a major political or economical issue domestic or international.

At the current rate I see ASPI around 6,750 by end of Q2 and gradually move up towards 7,000 by the end of the year.

32 Re: Very bullish market on Thu Jun 08, 2017 1:06 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka forex reserves reach US$6.8bn US dollars: CB Governor

33 Re: Very bullish market on Thu Jun 08, 2017 4:54 pm

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
Stock market players active again after a very long time 
You can see shares pushed up like FLCH , BIL, JKH, CCS

This is a good sign for active CSE going towards 7200

Maharaja

34 Re: Very bullish market on Wed Jun 14, 2017 8:08 pm

Teller

avatar
Moderator
It should be come down..

35 Re: Very bullish market on Wed Jun 14, 2017 10:33 pm

kumarweerarathne

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Then wht wil happen to ur HEXP ? Wont touch 120? Or Shal we collect it @ 60s :-P Its abt to boom b4 August .. bet u

36 Re: Very bullish market on Wed Jun 14, 2017 10:51 pm

kovida

avatar
Senior Equity Analytic
Senior Equity Analytic
@Teller wrote:It should be come down..
A person who said Maket would come down to 5000 level. Be intelligent .

37 Re: Very bullish market on Thu Jun 15, 2017 8:20 am

Hanoifortune

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kovida wrote:
@Teller wrote:It should be come down..
A person who said Maket would come down to 5000 level. Be intelligent .

The person must be a famous astrologer

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