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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Good news for LIOC

Good news for LIOC

+8
indi009
Eng Krishantha
dudi
worthiness
cse1981
SHARK aka TAH
Balanced_Views
dineshfernando
12 posters

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26Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 12:17 pm

nemesis


Equity Analytic
Equity Analytic

today IOC the parent company of LIOC cut down the oil prices in india,but with the financial problem of petroleum cooperation in srilanka government would not tempt to cut down the prices in here unless presidential election come in next year,this will create massive profit margin for LIOC

27Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 12:44 pm

SHARK aka TAH


Expert
Expert

nemesis wrote:today IOC the parent company of LIOC cut down the oil prices in india,but with the financial problem of petroleum cooperation in srilanka government would not tempt to cut down the prices in here unless presidential election come in next year,this will create massive profit margin for LIOC
 cheers 

28Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 1:22 pm

kumarweerarathne


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

dineshfernando wrote:The oil price globally falling and now it's US$ 99.38 for a barrel.

Time to buy LIOC.

now its 97.88 USD

29Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 1:41 pm

nemesis


Equity Analytic
Equity Analytic

according to the NDB reseach report 50% of LIOC profit came from bunkering service,they will currently have 8 billion rupees wiht them,close to 15 per share but they are not intend on paying dividened then they should go with the other prospect such as growth oriented way on the other hand hambanthota port perfoming well after establishing bunkering service,LIOC may eye on to Hambanthota port to set up bunkering facility,with the development of B Ashok who was a director of LIOC,now the chairn of the IOC and with the business friendly modis regime this is only just my view not a any news

30Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 1:45 pm

Balanced_Views


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

dudi wrote:when will Lioc reach Rs.100?

maybe 1-2 years

31Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 1:47 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Thanks all these are good .......sometimes good news do not react in the same enthusiasm on the market prices....... it may take a while.......... but the more good news come our way we like to hold our shares closer to us know  Laughing 

32Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 2:17 pm

NC

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

indi009 wrote:I guess the oil prices will decline further because if US and EU wants to hurt russia, decrease in oil prices is the best way

read

http://thepeninsulaqatar.com/business/oil-market/293861/russia-needs-high-oil-prices-to-survive

Yep, US and EU want decline the oil prices to threat to Russia, that's their object. However, talking about global Oil prices, its not declined as much, and I think it'll trade between 90 - 100. I attached daily chart..
Good news for LIOC - Page 2 Us_oil10

33Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 2:19 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Thank You......

34Good news for LIOC - Page 2 Empty Re: Good news for LIOC Sat Aug 02, 2014 3:24 pm

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

thank you. everything we hear is not true it must be backed by the facts. thanks NC

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