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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » WTI Crude Oil $99.99 means LIOC more Profits

WTI Crude Oil $99.99 means LIOC more Profits

+2
Balanced_Views
Pethi
6 posters

Go down  Message [Page 1 of 1]

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

it was 102 last month and currently $99
good for LIOC uptrend.

can some one stopping this going to $50????

Balanced_Views


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Pethi wrote:it was 102 last month and currently $99
good for LIOC uptrend.

can some one stopping this going to $50????

Yes LIOC will reach 60 soon

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

Pethi wrote:it was 102 last month and currently $99
good for LIOC uptrend.

can some one stopping this going to $50????

|From which site did you find the oil price?

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ccsentha wrote:
Pethi wrote:it was 102 last month and currently $99
good for LIOC uptrend.

can some one stopping this going to $50????

|From which site did you find the oil price?

try google. there are so many websites.

Octopus

Octopus
Expert
Expert

Pethi wrote:
ccsentha wrote:
Pethi wrote:it was 102 last month and currently $99
good for LIOC uptrend.

can some one stopping this going to $50????

|From which site did you find the oil price?

try google. there are so many websites.

thanks pathi....!

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Tell me why it should go down .... Going Down means slowing down of the economy in the US China Russia and else where.

US will have enough crude inventory levels..... i doubt OIL will go below owing to any other reason.

BUT in srilanka situation LIOC and LLUB are facing stiff competition due to small time players overcrowded in the local market. With GOSL entertaining more foriegn players, i would keep my hands off on LIOC and LLUb until such time it becomes attractive.

Retailers careful when you think of BUYING LIOC and LLUB at current levels.

Much better and safe if a major shake up takes place on these 2 counters especially LIOC

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Try and Invest in shares that still did not take part in the RUN.....
They are waiting for their turn.

So look at future dividend announcements pending and still at attractive and discounted levels and has good future outlook. Midcap shares with a strong earning potential.

Thanks

SHARK aka TAH

SHARK aka TAH
Expert
Expert

One should not go 100% on news items that are emerging favourable for the OIL market, as we retailers should always consider news items that come out to us are always discounted much earlier as the Big players have already got the news much ahead of us.

good luck & happy trading

Shark

Octopus

Octopus
Expert
Expert

SHARK wrote:Tell me why it should go down .... Going Down means slowing down of the economy in the US China Russia and else where.

US will have enough crude inventory levels..... i doubt OIL will go below owing to any other reason.

BUT in srilanka situation LIOC and LLUB are facing stiff competition due to small time players overcrowded in the local market. With GOSL entertaining more foriegn players, i would keep my hands off on LIOC and LLUb until such time it becomes attractive.

Retailers careful when you think of BUYING LIOC and LLUB at current levels.

Much better and safe if a major shake up takes place on these 2 counters especially LIOC  

shark i think you may be dreaming to buy LIOC @ 20-25 levels again. if it goes to those levels again in near future, I'll quit forum and cse.It will touch 50 soon.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

octopus i never said i am waiting to BUY LIOC at 20-25.
but why not and why it cant come down to 20ish.
as per CAL reports LLUB can come down significantly.
And i do not see a reason why in same sense LIOC too touching 30-35ish at least, short term.

Just watch.... how things can change very fast in this field.

Look at Plantations stocks now trading below NAV and PBV.
and LIOC trading no of times over NAVs.

Its all a matter of how big sharks perceive shares.

Anyways Good luck with your LIOC holding Smile
Shark

NZ BOY

NZ BOY
Moderator
Moderator

buy lioc u cant buy 30 -35 level athmekta

SHARK aka TAH

SHARK aka TAH
Expert
Expert

My advise would be to wait for the completion of a correction on LIOC and LLUB (waiting for breakout confirmation after crecent correction from 300 levels) so that BUY Orders can be place strategically reasonable and prudent price levels.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

NZ BOY wrote:buy lioc u cant buy 30 -35 level athmekta
never discount anything in the Market Smile

NZ BOY

NZ BOY
Moderator
Moderator

SHARK wrote:
NZ BOY wrote:buy lioc u cant buy 30 -35 level athmekta
never discount anything in the Market Smile
 Are u a investment adviser?

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Pethi wrote:it was 102 last month and currently $99
good for LIOC uptrend.

can some one stopping this going to $50????
There prices and profitability depends on future contract prices they would have entered with producers or suppliers.

short term blips will have no impact .....

Its a complex scenario and you need to be in it, to know the full picture.

however with US and canada expect to have more local oil supplies internally distributed to us mainland, analysts expect the OIL prices would stay at current levels with some predicting 75USD/barrel. with more focus on rest of oil production going to Asia.

There will be more demand at 75USD and due to demand it could come back to 100 levels yet again. so we are looking same levels again.

One should analyse what the GOSL would do, elections next year, if govt is changed by any means, that would mean new govt will bring down the price of petrol/diesel etc. and they will put an equation in a place.

car prices will come down...so many scenarios .......

CSE would appreciate after Presediential Elections ....If current govt change CSe will Rise, If Govt is changed CSE will Rise as well....

So good times ahead for Market Smile

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