@ThinushkaS Profile picture

Thinushka Soysa

@ThinushkaS

Fund Manager turned Investor

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‘A star is born’ !! Better commentary for a well deserved win 🙌🏽

Can't bear to watch Tharushi's race with the comms focusing on the silver medalist ONLY? Don't worry, I gotchu guys 😉



Happy to see the Governer getting the recognition he and the CBSL team deserve. They’ve guided markets through some of the most turbulent times SL has seen, and brought credibility back to the institution 👏🏽

It is a pleasure to note that Governor Dr. Nandalal Weerasinghe has been rated 'A-' by the Global Finance Magazine. The Global Finances Report Cards 2023 ranked Central Bank Governors from 'A' to 'F' of 101 countries based on inflation control, economic growth goals, currency…

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And this is what liberalizing markets look like👇🏽Immediate trickle down beneficiaries will be organic clipping of CPC TU wings, lower CoL, better financial system stability ft.lk/front-page/Sin…


Finally a solid correction on the ASI. These are essential for healthy and sustainable markets, and if fundamentals are in place, provide an opening to bump up positions or start new ones


CBSL growth drive kicking in with private credit finally turning around. If DDO clarity was a pivotal point, this is the next one. We are well into an investment CSE, hold your growth blue-chip investments, rotate when valuation peak and trade the fundamentally weaker ones

Credit to the private sector witnessed a MoM growth in June 2023 following the expansionary monetary policy adjustments by the CBSL. #SriLanka #economy @CBSL

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And what a market to do this

💯% "The whole secret of investment is to find places where it’s safe and wise to non diversify. It’s just that simple. Diversification is for the know nothing investor; it’s not for the professional." --- Charlie Munger



💯 Everyone has the Midas touch in a bull market. Do the hard work, maintain discipline and don’t get ahead of yourselves. It’ll be impossible to invest in all counters, so build a portfolio to maximize returns at the least cost / risk, while also trading where opps arise

A rising tide lifts all boats The good, the bad and the ugly ... most shares rise in a bullish market - and everyone seems a genius ➡️ Set aside your hubris - and use uptrend as an opportunity to remove the weeds in your portfolio and let the flowers bloom @CSE_Media #lka



And that’s how a bull run begins! The stars are finally aligning for an economic renaissance, and markets will be the first to reflect it. With hard policies being taken, interest rates / inflation ⏬️ etc, we could see a bull market exceeding the post-war 2009-2011 one 🚀🚀🤩


Notwithstanding good / bad economic times, price discovery is of paramount importance for markets to realize potential. @CSE_Media has been slow to unwind a position taken nearly a year ago in this regard, but better late than never


Power to you @kanchana_wij ! Really great to see steady progress despite all the challenges

Last Monday the Cabinet approval was received for a few important initiatives. 1. Retail Licenses to be granted to Sinopec, United Petrolieum & RM Parks with Shell to operate 150 CPC dealer operated Fuel Stations each. 2. Award contract for Smart Metering for Dehiwala area.…

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Done ! Now for (positive) clarity on DR 💪🏽

IMF Executive Board approves the Extended Fund Facility to Sri Lanka at its board meeting today. President Ranil Wickremesinghe will make a special statement on this tomorrow - State Minister Shehan Semasinghe - adaderana.lk



As in the CSE, foreign inflows into GSec market has also been growing. Latest CBSL weekly show it’s up to ~0.5% of total vs. ~0.2% at end Dec 22. In comparison, Mar 2018 had a foreign inv of ~6.5% of total outstanding Tbills / Bonds; so we arguably have a long way to go

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Thinushka Soysa Reposted

Now that SL's thru the financing assurances/Board approval uncertainty, next stage of uncertainty is in exact contents of the IMF documents & recs. Wt does the DSA imply in terms of exact debt restructuring targets? Wt are the domestic benchmarks to reach by the next IMF review?

I welcome the progress made by 🇱🇰 Sri Lankan authorities in taking decisive policy actions & obtaining financing assurances from all their major creditors, incl. China, India & the Paris Club. Look forward to presenting the IMF-supported program to our Exec. Board on March 20.



Almost there ! It’s been a long, painful road to get here and there’s plenty of choppy waters ahead - but this is a crucial first step to recovery💪🏽

I welcome the progress made by 🇱🇰 Sri Lankan authorities in taking decisive policy actions & obtaining financing assurances from all their major creditors, incl. China, India & the Paris Club. Look forward to presenting the IMF-supported program to our Exec. Board on March 20.



What a curveball at the MPR! Does this mean that the recent ex.rate moves were more defensive than offensive in prep for market volatility? Time will tell. Silver lining is that the rate increase and flexi ex.rate are the last ‘prior actions’ for the IMF bailout


SL is coming to an investable state, and the expected re-rating of SL equities is gradually taking place on the CSE. Really great to see this predominately in the old guard of blue chips companies, as opposed to the recent highly speculative counters


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