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

Good news for LIOC

+11
Invest-Wise
windi5
dudi
EWML
Eng Krishantha
shadow walker
zoozzoo
kalanaym
stocksira
SHARK aka TAH
dineshfernando
15 posters

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26Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 6:51 am

shadow walker


Vice President - Equity Analytics
Vice President - Equity Analytics

windi
dont worry about politics.. LIOC on huge profit . CEPETCO on big loss... i dont think they will reduce the price

27Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 7:41 am

Eng Krishantha


Expert
Expert

i am happy If Cepetco also profit...

Because we are srilankan..
First country...

28Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 7:49 am

windi5


Moderator
Moderator

Cepetco at lost coz of curruptions. They lost billions due to that hedging gilmart.

29Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 8:35 am

Invest-Wise


Manager - Equity Analytics
Manager - Equity Analytics

[quote="Eng Krishantha"]i am happy If Cepetco also profit...

Because we are srilankan..
First country...

We we all love our country and wish all state owned entities will be managed properly so that their losses can be reduced and that money can be used to develop the country. The problem is there is no proper governance in these entities. Corruption rules....its there for the big wigs to make money...the political appointees. I wish they could take all of them out and put proper CEOs so they can actually do a better job and make money.....run them like corporates are run. Maybe with a bit of leverage as the staff capabilities will be not comparable to private sector as they are paid less and hence deliveries are lower. But still I beleive they can be run profitably of the stealing stops....that alone will go into bottom line! Simple as that. So my point being we dont have t feel sorry for CEPETCO as its our own doing!!! If LIOC can make money then CEPETCO should be able make 3-4 times of that with the government backing. Simple as that. But it isnt doing that....and the blame should me whose?

30Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 9:01 am

Pethi


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

small investors have to be careful in this crucial time.
big players are about to dump after the XD and
trade in before XD ruthlessly

Try not to be a victim at the end of the drama. couple of hundred thousand may peanut for rich but for normal investors this is big money.

Adding a little bit of caution to the LIOC fairy tale....!

31Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 9:27 am

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics

Pethi wrote:small investors have to be careful in this crucial time.
big players are about to dump after the XD and
trade in before XD ruthlessly

Try not to be a victim at the end of the drama. couple of hundred thousand may peanut for rich but for normal investors this is big money.

Adding a little bit of caution to the LIOC fairy tale....!

You are correct pethi

32Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 9:38 am

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Petrolium import and distribution should be opened to more parties to increase competion. At least two more players should be brought in.

No point in running huge loss making state companies. Sri Lankan air Line management should be given back to emirates if high powered BIL cannot manage it. at least Govt can save public money.

33Good news for LIOC - Page 2 Empty Re: Good news for LIOC Wed Sep 10, 2014 5:38 pm

chinthaka22


Senior Equity Analytic
Senior Equity Analytic

i bought Lioc even today , im waiting till like the 16th to sell , is it a good option?

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