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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » positive news. fuel cost down

positive news. fuel cost down

+18
Vichy
DealKing
sisira.wijeweera
VALUEPICK
stocksira
Sarabulathwita
shadow walker
NC
IO3+O
Jayashantha
worthiness
NilangaG
SHARK aka TAH
Gune Malli
NZ BOY
dineshfernando
monash
schemer
22 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1positive news. fuel cost down Empty positive news. fuel cost down Tue Sep 16, 2014 8:00 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

hi guys fuel prices down petrol 5 rupees, boomi thel 20 rupees down,diesel rs 3 down
.
index may rise 1%.heh hey election baba ..election.......that's election..

2positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:03 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

lioc may get some side effects.

3positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:07 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

And main benefit is Electricity down by 25%.. cheers  cheers

We can see celebrations on tomorrow in market.. cheers

4positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:08 pm

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This will not have an impact on LIOC profits. The government would reduce the duty on petroleum products.

5positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:13 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

fasten your seat belt sirs and madams .... get ready for the election run.

6positive news. fuel cost down Empty Fuel price down, electricity down by 25% Tue Sep 16, 2014 8:22 pm

NZ BOY

NZ BOY
Moderator
Moderator

Price of kerosene oil reduced by Rs. 20 per liter, petrol by Rs. five and diesel by Rs. three per liter from midnight tonight- President Mahinda Rajapaksa.

Electricity traffics will be reduced by 25 per cent with effective from today, President Mahinda Rajapaksa.

7positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:30 pm

Gune Malli

Gune Malli
Equity Analytic
Equity Analytic

මා මේ දකින්නේ සිහිනයක්ද නැත්නම් ස්වප්නයක්ද ? affraid affraid affraid scratch scratch lol! lol!

8positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:36 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

සිහින දැකිමට අවසර ඇත Very Happy

9positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:37 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

NZ BOY wrote:Price of kerosene oil reduced by Rs. 20 per liter, petrol by Rs. five and diesel by Rs. three per liter from midnight tonight- President Mahinda Rajapaksa.

Electricity traffics will be reduced by 25 per cent with effective from today, President Mahinda Rajapaksa.
For How Long Very Happy

10positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:39 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Reducing Electricity Good For GLAS Very Happy So this will be positive for next Quarter Results starting October-Dec 2014

11positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:40 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Market should reflect the positive news from tomorrow ... Boom Boom

12positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 8:41 pm

NilangaG


Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:
NZ BOY wrote:Price of kerosene oil reduced by Rs. 20 per liter, petrol by Rs. five and diesel by Rs. three per liter from midnight tonight- President Mahinda Rajapaksa.

Electricity traffics will be reduced by 25 per cent with effective from today, President Mahinda Rajapaksa.
For How Long Very Happy

Until the election ends. Very Happy

13positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 9:02 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Unexpected news. Good for business & the community. But....until we understand fully the pricing formula......

14positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 9:09 pm

Jayashantha

Jayashantha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This for the first time in Sri Lanka's history I heard the price of fuel coming down. It reeks of cheap populist measures a government makes just before an election they so badly want to win. If it's vote booster initiative, I fear what is to come just after the polls should be much worse Razz

15positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 9:12 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

dineshfernando wrote:This will not have an impact on LIOC profits. The government would reduce the duty on petroleum products.
I think this would affect profitability in some % for LioC. But by how much is the question.However since the Oil prices are down the cushion for comfort would be there for LIOC.It would have been a different story had the oil prices are up.

16positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 9:20 pm

IO3+O


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

Gune Malli wrote:මා මේ දකින්නේ සිහිනයක්ද නැත්නම් ස්වප්නයක්ද ? affraid affraid affraid scratch scratch lol! lol!
SHARK wrote:සිහින දැකිමට අවසර ඇත Very Happy
SHARK wrote:
NZ BOY wrote:Price of kerosene oil reduced by Rs. 20 per liter, petrol by Rs. five and diesel by Rs. three per liter from midnight tonight- President Mahinda Rajapaksa.

Electricity traffics will be reduced by 25 per cent with effective from today, President Mahinda Rajapaksa.
For How Long Very Happy
SHARK wrote:Market should reflect the positive news from tomorrow ... Boom Boom
positive news. fuel cost down Fun10    positive news. fuel cost down Drunk10       positive news. fuel cost down Bike10

17positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 9:22 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

I am not familiar with their pricing for inventory, has anyone noticed how they value their inventory ? i need to dig in to their reports.

Usually they have some strategy to minimise the effect of oil price fluctuations in the market, thats how the famous hedging case came in. so one need to carefully study it.

just because the world oil price is low may not necessarily reflect in the immediate quarterly results.

So one should weigh all probabilities Very Happy

Pull back we are expecting is good with this current news and XD effect. Laughing

18positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 9:25 pm

IO3+O


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

schemer wrote:hi guys fuel prices down petrol 5 rupees, boomi thel 20 rupees down,diesel rs 3 down.
index may rise 1%.heh hey election baba ..election.......that's election..
monash wrote:And main benefit is Electricity down by 25%.. cheers  cheers
We can see celebrations on tomorrow in market.. cheers
schemer wrote:fasten your seat belt sirs and madams .... get ready for the election run.
positive news. fuel cost down Band10

19positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 10:17 pm

NC

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

From this news, especially the manufacturing sector will highly benefited. And Power and energy sector will do some correction...

20positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 10:32 pm

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics

boom boom.. ASPI TO 7500 ...
im not dreaming about oil but surely im dreaming about ASPI 8000 ??

21positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 10:40 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

hydropower/wind/solar sector will not be affected. because it is covered by long term power purchase agreements . diesel sector and lioc may have some side effects . temporary only.

22positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 10:43 pm

NC

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

schemer wrote:hydropower/wind/solar  sector will not be affected. because it is covered by long term power purchase agreements . diesel sector and lioc may have some side effects . temporary only.
Effect period is ,till end of election.. Very Happy

23positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 10:57 pm

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics

Does this have an impact on power and energy sector companies??????????????????????????. If so how ?????/

Please advise???

24positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 11:05 pm

NC

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

Sarabulathwita wrote:Does this have an impact on power and energy sector companies??????????????????????????. If so how ?????/

Please advise???
I stated this, generally for the sectorwise. basically, for Lioc and Lgl. However, as said by Schemer, other electricity generation companies have long term agreement, and the electricity they generate is purchased by the government, so this will not affect their profitability. So, you'll have to understand their nature of their businesses...

25positive news. fuel cost down Empty Re: positive news. fuel cost down Tue Sep 16, 2014 11:16 pm

stocksira

stocksira
Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:I am not familiar with their pricing for inventory, has anyone noticed how they value their inventory ? i need to dig in to their reports.

Usually they have some strategy to minimise the effect of oil price fluctuations in the market, thats how the famous hedging case came in. so one need to carefully study it.

just because the world oil price is low may not necessarily reflect in the immediate quarterly results.

So one should weigh all probabilities Very Happy

Pull back we are expecting is good with this current news and XD effect. Laughing

Yes Shark you are right, Oil markets always work on futures, I am also not sure when will the current low price of Oil will benefit LIOC.

There will be a definite impact but when is the question and depends on how the futures work on Oil markets.

Any crude oil expert out there in the forum who can shed some light on this ? We need ti know turn around time of the crude oil to retail market Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes

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