35 years experience investing in the share market in CSE and overseas markets. Also interest in Real Estate,Now want to share my knowledge with my followers.
Was to return back to Colombo today.
My PCR and family all tested positive,we have to stay in Hotel Quarantine for 10 days and come IA.
I am taking it positively and get over this soon.
Include us in your precious dua’s and prayers.
A private Japanese Foundation is ready to help SL with USD 4 Billion for urgent needs.
With Ranil as PM, fresh impetus to boost Sri Lanka-Japan ties | Daily FT
5 steps to neutralise or stabilise the situation.
1.Release GR’s resignation letter to public now.
2. RW also resign immediately.
3.Appoint Speaker as Acting Prez.
4.Appoint a President on 20th for Interim period.
5.Aragalaya to step back and allow Governance.
Mahinda won with 4.8 and 6.0 million votes in 2005 and 2010..
Sirisena won with 6.2 million in 2015
Gota won with 6.9 million in 2019
Ranil won with 134 votes in 2022😀
Finally market closed at record ever 775 points up and S&P 325 points 9.5% up.
Even I have never seen like this before.
My target of 1000 points in 2 days almost there now.
Only 225 more to get.
Looks a cake walk for tomorrow.
Overall good recovery for everyone.👍
Thanks for all the followers,making it to 14,000 following.
There is a bit of a co relation to my followers and CSE ASPI.
We need the ASPI to catch up with another 800 points.😀
Thanks Guys for all your support to get to this milestone in just 13 months in Twitter space.
I hope if ASPI also can reach the 10k mark this week to celebrate together.😀
I don’t like negative people around me,
Specially who just criticize without any substance,
I had the privilege of removing the first of my followers.😀
Now most of the IMF conditions are done,
Rupee float & Depreciation.
Interest rate hike.
Tax Increases.
No price control.
Govt expenditure cuts.
Next loss making SOE’s to privatise.
Hopefully we can hear soon from IMF for a readiness for a package,that will give a good boost.
What a performance by EXPO,for September quarter alone made 14.5B PBT and PAT of 12B with a T/O of 150B.
For 6 months PBT of 23.3B and PAT of 18.3B T/O of 247B
Tax alone paid 4B for 6 months.
This will be a dream for many companies to have realised profits
I expect more in future
Thank you’ll for the continued support and Following.
Actually it’s my 1st anniversary of Twitter post Re market activities.
And within 2 months reached another 4000 followers.
My wish today is for ASPI to overtake my numbers.😊
I am receiving lots of calls,messages to congratulate me on my predictions on Expo.
I am happy, how lots of people have made good money.
I don’t need any appreciation,it’s Hanif Yusuf and his Team who are doing a wonderful job to create this valuations and wealth and
Within 2-21/2 yrs we had.
2 PM’s.
4 Finance Ministers
3 CB Governor’s.
Several Cabinet Ministers changed.
Several Secretaries.
Nothing changed,in fact got worse.
Maybe we need only 1 big position changed for real change to happen.
My target of 12,500 by end December for ASPI,
Still 1300+ short hope it will catch up,another 15-16 market days left.
My tweeter followers already reached.😀
Are we seeing the end of the FX problems and better future ahead?
Rupee float.
IMF talks.
India 1B Aid.
Tourism USD 583M in 2 months.
Worker’s remittances 400% increase this month.
SLDB USD 152.5M
Adani USD 500M investment.
Stock market foreign inflow last 2 weeks still small.
All companies in the private sector should increase voluntarily minimum 5000/- to their employees to overcome the COL and high inflation.
Specially companies who are benefitted from this situation.
@CeylonChamber
@FT_SriLanka
When pushed to the wall,
All the parliamentary MP’s are giving good speeches.
Hope the best solution will come out for the sake of the country and future of our children.
Almas Group’s Assetline Securities executed the acquisition of a 52% stake in Ramboda Falls PLC at a 76% premium,from previous days closing price for its client Mr.Yeoh today, triggering a mandatory offer.
This marks the first major transaction after our license reactivation.
7 Things You Should Never Tell Anyone
1. Your plans
2. Good deeds
3. Religious beliefs
4. Financial details
5. Family problems
6. Your weaknesses
7. Relationship struggles
Move-in silence.
Let your actions do the talking.
Anything you like to add to this?
Today’s fall was too much,
Again no proper reason for this pullback to go down so fast.
Eventually Fundamentals and Earnings will reflect in prices.
I expect a recovery of 300+ tomorrow and this week to end in positive.
Today few main players were out for a important meeting.
Another Acquisition by EXPO in USA for USD 6.1M.
That’s the way to scale upwards and grow.
Fantastic keep growing and carry the SriLankan flag world over.👌
@eflglobal_
We need the CSE to be closed for a week or two,in a week alone market has gone down 18%
We can’t operate in a environment where there is
Curfew
State of Emergency
No Power
Social media blocked
Protest all over
Queues
Apart from all other difficulties citizens are facing.
2/2
My ASPI target achieved after 1 day from my original date.
ASPI up 335 points 12,550 in 1 1/2 hours of trading and 4.3B t/o.
Very bullish start for 2022.
Saved Photo
Maliban Garments Owner Ilyas Abdul Kareem donated Rs.300M and constructed a 13 beds ward and 3 floors institute for Emergency unit urology and Nephrology Surgery Hospital at National Hospital PM Mahinda Rajapaksa opened this ward on 29/7
Great philanthropist.
My prediction on EXPO will come sooner than expected 4 digits target.
Lanka Securities has forecasted EPS of 51.52 for FY23E for a growing International company you can easily give 20 PER.
So see what will be the share price?
First time I have witnessed the market extended and still trading 2.34 and going on .
Given a final chance for all seller’s to clear today.😀
@CSE_Media
@SEC_SriLanka
Thanks for all the appreciation and wishes.
I have just guided through only,
We should praise
@Hanif
Yusoof for his vision and taking EXPO to this level by really working hard and managing the Team to perform.
We are just enjoying from his Leadership.
And all Praise to Almighty.
This proposal is something similar to MM2H Malaysia My 2nd Home,
Yes it’s time to open up the country for more Foreigners and make it a cosmopolitan city.
Dhammika Perera's next solution for the dollar crisis - 'The Golden Paradise Programme' - LNW
I just finished doing a Interview for Master Mind youtube channel,with Roshan Fernando
Hopefully tomorrow eve it will be downloaded and I will post.
I spoke on Entrepreneurship,Stock market current and future outlook & few other topics
Pls look forward
Thanks
@MasterMindROSH1
Congratulations to EXPACK team for a successful IPO and a great first day trading,making everyone happy.
8.4 Issue price.
Highest price 25
Closing 17.60
Over 100% gain.
DP resigning from all his companies to take up a Ministerial position for the sake of the country as a challenge is very admirable and a gutsy decision
I hope he will be able to do major changes to bring in Foreign Investments and create employment opportunities
All the very best
I was out of action for last 3-4 days,because I lost my beloved BIL Faris Uvais in Chennai on Monday, I went with my sister and family there to do the final rites and came back today.
It was a sudden and shocking news to loose him at the age of only 59.
I was interviewed by Dinesh Weerakkody for Business Detective Program today.
I was asked for my targets for 2022 and by 2024.
After successfully achieving the 2020 and 2021 targets.
2022 I expect 18-20k and by 2024 30k.
Full Interview will forward soon as I get.
I think only in SL people react negatively when your currency appreciates.😀.
Exporters never got above 200 through Banks even in June quarter results and
now in September quarter it will be same,there no loss.
Only black market went up on speculation and it’s correcting.
@RW_UNP
So far in 48 hours looks good,
Keep up the momentum and resolve all pending issues and pull the country out of this Economic crisis.
Like to see,
System change,
No Corruption,
No Red tapes,
Stop waste & Unnecessary expenses.
Privatise or change management of Loss making SOE’s,
Today 22/10/2021 is Historic day for CSE in it’s 36 year’s history,ASPI has crossed Landmark index of 10,000.
My next target of 15,000 by 31/3/2022 will be faster with exceptional earnings and still undervalued compared to regional markets.
@CSE_Media
@SEC_SriLanka
@an_cabraal
I am curious to know why all are interested in Presidents post and not PM?
I thought after 21st Amendment,President’s powers will be curtailed and just a symbolic position and PM will be the one run the show.
What do you think?
I am at the launch ceremony of Dhana Maga by Asia securities .
I am surprised to note that our Financial literacy is only 35%,while general literacy is 92%.
We need to teach and upgrade our citizens to improve the Financial planning.
@SEC_SriLanka
@CSE_Media
@AsiaSecurities
I expect the market recovery to happen and also to break the single day gain record any time soon in the recovery process,
last record I think is 387 points.
This will be a powerful rally and go ahead of previous ATH soon with support of strong earnings and good valuations.
RW with only 1 seat that also through bonus seat will take the government and looks like will have over 200 supporting for good decisions,that will be more than the 2/3rd enjoyed by the pohottuwa government.😀
Some good proven record earnings Co shares are being sold to buy highly speculative shares currently.
Later they will loose on those and also miss the opportunity on taking early profits to jump to others.
Fundamentally strong shares will bounce back quicker and reward handsomely
I am getting lot of private messages about expo share drop. As I’ve said before, expo is a long journey. After a record profit, there is no reason for this kind of drop. I think people started selling to chase speculative stocks that were clearing the board multiple times.
@elonmusk
Still the option is available to bail out the country Sri Lanka for that money you are buying Twitter or for quarter of that can buy the whole Colombo Stock Exchange SL with 300 companies
It’s a Paradise Island with few short comings at the moment
You can fix it.
Pls consider 😀