Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» ලංකාවට වැස්ස කෘතිම වැස්ස..is it required for Sri Lanka?
by Uaecoindubai Today at 12:03 pm

» What Sri Lanka can do to improve the credibility of Rupee
by Sstar Today at 11:30 am

» UBC - What is going on
by Soilconomy Today at 6:47 am

» UBC TO HIT 24 ??
by Soilconomy Today at 6:47 am

» UBC - Stake up by big invester
by Soilconomy Today at 6:46 am

» Sad situation of expressway !!!!
by Yahapalanaya Today at 4:12 am

» GOLDEN ERA
by soileconomy Yesterday at 9:14 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 7:20 pm

» INSURANCE companies finally falling!
by nosf766 Yesterday at 2:00 pm

» Cinnamon Grand now Topless without Rohan Karr
by ChooBoy Yesterday at 1:47 pm

» MARKET CRASH - GUARANTEED
by Maharaja Yesterday at 1:47 pm

» Dusit Thani Sri Lanka project halted?
by ChooBoy Yesterday at 11:44 am

» Profitable Forex Copy (over 100% profit monthly)
by princess111 Yesterday at 6:02 am

» SEC Chief welcomes PM’s remark on EPF’s return to stock market
by kalu351 Yesterday at 2:16 am

» පැලවත්ත කිරි සමාගම කොටස් වෙළද පොළට,DRINK pelawaththa milk & help sri lanka
by Miss-Sangeetha Thu Mar 21, 2019 5:39 pm

» CSE is promoting Life Insurance companies whilst Stock Market is crashing.
by ChooBoy Thu Mar 21, 2019 12:35 pm

» Singapore rejects Sri Lankan leader’s allegation on trading scam suspect
by Yahapalanaya Thu Mar 21, 2019 8:18 am

» BALA.N potential
by Yahapalanaya Thu Mar 21, 2019 6:39 am

» Sri lanka tourism income reached 4.4 billion USD 2019
by Yahapalanaya Wed Mar 20, 2019 10:03 pm

» presidential election very soon ?
by Yahapalanaya Wed Mar 20, 2019 10:01 pm

» AEL.N0000 is the Next AAIC.N0000 -
by Trader321 Wed Mar 20, 2019 12:37 pm

» World Bank approves USD70Mn to Sri Lanka
by Sstar Wed Mar 20, 2019 11:13 am

» Sri Lanka shares end little changed; rupee rises
by Miss-Sangeetha Tue Mar 19, 2019 6:30 pm

» Diversification of Sri Lankan economy, must to garner more economic benefits
by ChooBoy Tue Mar 19, 2019 2:04 pm

» ALHP Right issue......!!!!1
by Miss-Sangeetha Tue Mar 19, 2019 11:47 am

» UBC.N0000- Donnt miss this
by Trader321 Tue Mar 19, 2019 10:13 am

» BFN - DEAL OVER - TO BE DE LISTED SOON AFTER THE PRIVATE PLACEMENT ඩීල් එක ඉවරයි @ 19-59 - කොටස් වෙළදපලෙනුත් ඉවත් කරගන්නා බවට ආරන්චි
by sanjulanka Mon Mar 18, 2019 7:03 am

» While waiting for the market to rebound, look for bargains if you can afford the risk. Try to be active at the right time to gain something
by Asoka Samarakone Sun Mar 17, 2019 3:18 pm

» ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට
by mahasona2 Sun Mar 17, 2019 3:43 am

» Central Bank targeting early return of EPF to stock market
by mahasona2 Sun Mar 17, 2019 3:24 am

» Lofc delisting??
by Bdcdman Sat Mar 16, 2019 11:16 pm

» Weekly Stock Market Roundup
by Insights Equity Sat Mar 16, 2019 5:37 am

» Today is UBC.N0000 day.
by Trader321 Fri Mar 15, 2019 11:32 am

» HVA WILL THEY RECTIFY THE REGULATORS QUARIES BEFORE DEAD LINE?
by Bdcdman Fri Mar 15, 2019 11:11 am

» ALHP WILL MOVE UP from next MONDAY
by Miss-Sangeetha Fri Mar 15, 2019 10:52 am

» ALHP WILL MOVE UP SOON
by mahasona2 Thu Mar 14, 2019 11:05 pm

» CASH RICH REXP
by Yahapalanaya Thu Mar 14, 2019 6:09 pm

» ලාංකීය හෙදියකට ලක්ශ 9 ක් ගෙවන ඇමෙරිකාව
by Uaecoindubai Thu Mar 14, 2019 3:48 pm

» EAST INTERESTING DAYS AHEAD 25+
by karuna2 Thu Mar 14, 2019 11:43 am

» රජයේ පඩි දෙගුණයක් වුන හැටි
by Uaecoindubai Thu Mar 14, 2019 9:31 am

» UBC.N0000 Vs AEL.N0000 - What will be the best
by Trader321 Thu Mar 14, 2019 9:15 am

» EFP TO start again invest in Stocks
by mahasona2 Thu Mar 14, 2019 1:10 am

» Second reading of budget passed by 119 Votes - Shows this Government is Confident
by Maharaja Wed Mar 13, 2019 11:27 pm

» Fall of stocks - Big Players are behindThis is the time to buy and collect stocks
by mahasona2 Wed Mar 13, 2019 9:49 pm

» Government salary hike almost double..
by Uaecoindubai Wed Mar 13, 2019 9:32 pm

» COLOMBO STOCKS 5 1/2 LOW
by soileconomy Wed Mar 13, 2019 7:19 pm

» UBC.N0000 ? Expert ideas please ?
by Trader321 Wed Mar 13, 2019 2:31 pm

» UBC.N000- keep eye, something is happening
by Trader321 Wed Mar 13, 2019 2:22 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Sri Lanka: Don't Panic - Year to date Foreign inflow to CSE Tops Rs. 20 billion but Some Local Big Investors are purposefully selling to bring down the market

Sri Lanka: Don't Panic - Year to date Foreign inflow to CSE Tops Rs. 20 billion but Some Local Big Investors are purposefully selling to bring down the market

Go down  Message [Page 1 of 1]

Mark Levin


Stock Analytic
Stock Analytic
Currently over Rs. 20 billion funds had come to Colombo Stock Exchange from foreigners this year in 2017 alone. But some Big Sharks in the local stock market some local Parsi Billionaires and others are trying to bring down market by shedding shares.

Be careful don't panic. They are trying to bring down market locally when foreigners have a longer confidence on the economy.

Deen79


Equity Analytic
Equity Analytic
Why would they do that? short selling is not allowed in Sri lanka so why would anyone do this? makes absolutely no sense.

Mark Levin


Stock Analytic
Stock Analytic
Dean79 you are a fool. it is not about short selling. The Persian Billionaires in Sri Lanka bought John Keells shares and Commercial Bank, HNB shares, Sampath Bank, CIC Shares long time ago and they can sell at profit still to bring down the market to show off as if foreigners existing because they have Stock Market accounts opened via Foreign banks too as custodians. So sometimes Parsi Billionaires in Sri Lanka buy from their Rupee account whilst selling from their Dollar Account based on Rupee vs. Dollar fluctuations. 

You are the fool here not to understand that logic and sense dear Dean79.

Deen79


Equity Analytic
Equity Analytic
When your argument starts calling me a fool its not a good sign. There is no logic, nobody would be buying billions of shares to make the market go down. I might be a fool but you have no grasp of how real life works. You're a clueless, feckless, fear mongering idiot. Now go back to the little cave you came out of.

Mark Levin


Stock Analytic
Stock Analytic
Dean79 See that is why I called you a fool. I said Parsi billionaires are selling small quantities which they previously bought at discounted levels because they are jealous that some foreign funds recently bought several bluechip shares increasing foreign flow to the market. 

Hahaa Haiyoo Dean79 go have some rest!

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Deen79 wrote:When your argument starts calling me a fool its not a good sign. There is no logic, nobody would be buying billions of shares to make the market go down. I might be a fool but you have no grasp of how real life works. You're a clueless, feckless, fear mongering idiot. Now go back to the little cave you came out of.

Honestly, I'm just here to educate you, what ever he said is true. its possible and it is done. Like he says, stay calm, its just to create panic. 

Best example is the oil cartel, they have huge amounts of money to burn just to bring prices down, eventually it backfired. 

But anyhow, don't call people fools. If they don't know, its best to enlighten them without mocking.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Gentlemen
Be cool & patient. Everyone presents their views. It does not mean to accept all what others say. A piece of information about circumstances that exist or events that have occurred could be multi faced. Therefore, please avoid mud slinging each other. Thanks.

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Mark Levin wrote:Currently over Rs. 20 billion funds had come to Colombo Stock Exchange from foreigners this year in 2017 alone. But some Big Sharks in the local stock market some local Parsi Billionaires and others are trying to bring down market by shedding shares.

Be careful don't panic. They are trying to bring down market locally when foreigners have a longer confidence on the economy.

We have been patient ever since Ranil took over the economy under Sirisena's Presidency 2 1/2 years ago,n hoping for the best month after month, year after year. I hope we don't have to be patient until these guys term is over

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Preset stock market indicate real position of economy

No govt manipulation of stock market indicators

We can,t expect world best stock market But

we can expect gradual improvement

wait and see

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@D.G.Dayaratne wrote:Preset stock market indicate real position of economy

No govt manipulation of stock market indicators

We can,t expect world best stock market But

we can expect gradual improvement

wait and see

Yes present share market indicate the real sorry state of affairs in the economy.

The 1st blow to the market was when Ranil presented his 1st budget in Jan 2015. Market was shocked to such a disastrous budget from a UNP govt and reaction was sliding down. Billions of illegal taxes were imposed on listed companies as Super Gains Tax. This had a negative impact on the profitability of all those c pansies Nd market responded with prices coming down

The 2nd devastation was caused when this govt manipulated the Bond market with their 1st ever. Bond Auction when a group of persons preplanned to rob Rs. 13 billion by manipulating the EPF and auction process a rock bottom Interest rates that were rock bottom and stable took a sudden jump up. The result was capital market sliding down further as a result of this govt manipulation of Treasury Bonds

Then another series of proposals such as Capital Gains tax were used to frighten would be capital market investors and discouraged them. Damage is done and thus we see a struggling market for the last 2 1/2 years

US Stock market is at record high and many Asian markets have appreciated but the struggle we see in CSE reflects the poor management of our economy indeed

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
You are correct

Deen79


Equity Analytic
Equity Analytic
@Mark Levin wrote:Dean79 See that is why I called you a fool. I said Parsi billionaires are selling small quantities which they previously bought at discounted levels because they are jealous that some foreign funds recently bought several bluechip shares increasing foreign flow to the market. 

Hahaa Haiyoo Dean79 go have some rest!

You contradict yourself, if they are selling small quantities why would it affect the market? this is just drivel and absolute bullshit. This will only work if short selling is allowed and it isn't. Someone is jealous? really?

Deen79


Equity Analytic
Equity Analytic
@wallstreetguy wrote:
@Deen79 wrote:When your argument starts calling me a fool its not a good sign. There is no logic, nobody would be buying billions of shares to make the market go down. I might be a fool but you have no grasp of how real life works. You're a clueless, feckless, fear mongering idiot. Now go back to the little cave you came out of.

Honestly, I'm just here to educate you, what ever he said is true. its possible and it is done. Like he says, stay calm, its just to create panic. 

Best example is the oil cartel, they have huge amounts of money to burn just to bring prices down, eventually it backfired. 

But anyhow, don't call people fools. If they don't know, its best to enlighten them without mocking.

Thanks, i am not sayings its impossible i just wanted to know the reason. Oil cartel is just that a cartel and they manipulate the prices with supply of something they have 80% control of. I can understand this working and like i said only in a scenario where shorting is allowed. Which businessman in his mind will sell shares cheap because he is "jealous" as Mark seems to believe? stupid governments will do it but no man with half a brain would part with money on stocks this way is all i am saying.

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Deen79 wrote:
@wallstreetguy wrote:
@Deen79 wrote:When your argument starts calling me a fool its not a good sign. There is no logic, nobody would be buying billions of shares to make the market go down. I might be a fool but you have no grasp of how real life works. You're a clueless, feckless, fear mongering idiot. Now go back to the little cave you came out of.

Honestly, I'm just here to educate you, what ever he said is true. its possible and it is done. Like he says, stay calm, its just to create panic. 

Best example is the oil cartel, they have huge amounts of money to burn just to bring prices down, eventually it backfired. 

But anyhow, don't call people fools. If they don't know, its best to enlighten them without mocking.

Thanks, i am not sayings its impossible i just wanted to know the reason. Oil cartel is just that a cartel and they manipulate the prices with supply of something they have 80% control of. I can understand this working and like i said only in a scenario where shorting is allowed. Which businessman in his mind will sell shares cheap because he is "jealous" as Mark seems to believe? stupid governments will do it but no man with half a brain would part with money on stocks this way is all i am saying.
Enlighten is far better than Mocking. sunny
Deen,let me put this in a logical scenario you can accept it drunken
Lets say you have more than one CDS account, open for your family members or friends and you are the one who use it. So form one account to another you can sell. Lets say JKH is 179/= and you place a order @ 170/= and you sell it at 170/= to another account under you.If you place a big buy order same time you can collect from the panic sellers. This way you never loose lol!

Deen79


Equity Analytic
Equity Analytic
Hi Ruwan,

Thanks, i can understand your explanation but wouldnt the CDS account automatically sell at the higher value? i haven't tried this but will check Monday. What you're suggesting is plain and simple market manipulation for profit and i guess that happens. What i didn't understand was Mark's assertion someone is trying to bring down the market due to jealousy etc. That just makes no sense.

Cheers

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Deen79 wrote:Hi Ruwan,

Thanks, i can understand your explanation but wouldnt the CDS account automatically sell at the higher value? i haven't tried this but will check Monday. What you're suggesting is plain and simple market manipulation for profit and i guess that happens. What i didn't understand was Mark's assertion someone is trying to bring down the market due to jealousy etc. That just makes no sense.

Cheers
you can sell as lower up to the price band limit.
you can use technical terms like Manipulation or just call it jealousy.
End of the day retailers are grilled Very Happy Very Happy Very Happy

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum