FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» L G I L - Maharaja special
by Chula Today at 8:13 pm

» SGH buys EXPO from retailers
by Maharaja Today at 5:20 pm

» HAYLEYS PLC (HAYL.N0000)
by cseboss Today at 11:34 am

» NO FURTHER INCREASE IN TAXES-PRES. RANIL WICKRAMASINGHE
by ADVENTUS Yesterday at 3:48 pm

» AAIC 100 = SCAP 16
by Equity Win Yesterday at 2:11 pm

» CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)
by Dasun Maduwantha Yesterday at 12:10 pm

» Nestle‚ declares highest ever dividend
by Shiranli Yesterday at 11:24 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by Anushka Perz Yesterday at 11:15 am

» Buy lofc tomorrow - Maharaja
by Maharaja Yesterday at 9:47 am

» MULTI FINANCE PLC (MFL.N0000)
by Eleven Mon Aug 08, 2022 9:28 pm

» AGSTAR PLC (AGST.N0000)
by Thushara Ayya Mon Aug 08, 2022 4:18 pm

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Mon Aug 08, 2022 1:43 pm

» LIOC ....Get in soon
by samaritan Mon Aug 08, 2022 11:49 am

» Sinopec likely to enter Lankan fuel market
by samaritan Mon Aug 08, 2022 9:41 am

» RW - Rescue Warrior of Sri Lanka's Economy
by reyaz Mon Aug 08, 2022 8:17 am

» Should Central bank increase Interest rates?
by reyaz Mon Aug 08, 2022 7:52 am

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by sheildskye Sun Aug 07, 2022 12:05 pm

» Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders
by Asoka Samarakone Sat Aug 06, 2022 11:54 am

» Foundation laid for Nestlé Lanka’s Rs.5bn factory expansion
by nilantha suranga Sat Aug 06, 2022 1:57 am

» HAYLEYS PLC (HAYL.N0000)
by cseboss Fri Aug 05, 2022 7:21 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Crude oil price crashing down to USD 91.29 advantage for LIOC

Crude oil price crashing down to USD 91.29 advantage for LIOC

+6
kassachandi
windi5
MARKETWATCH2
SHARK aka TAH
Balanced_Views
THILANGAF
10 posters

Go down  Message [Page 1 of 1]

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

Day by day oil prices coming down today Crude oil low is USD 88.16 Brent oil low is 91.55 would you believe this ??? This great advantage LIOC !!!!!

Laughing Laughing Laughing

Balanced_Views


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

THILANGAF wrote: Day by day oil prices coming down today Crude oil low is USD 88.16  Brent oil low is 91.55 would you believe this ??? This great advantage LIOC !!!!!

Laughing Laughing Laughing

Yes LIOC should be at 58

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

Balanced_Views wrote:
THILANGAF wrote: Day by day oil prices coming down today Crude oil low is USD 88.16  Brent oil low is 91.55 would you believe this ??? This great advantage LIOC !!!!!

Laughing Laughing Laughing

Yes LIOC should be at 58

At the moment Crude oil USD 89.56 Brent oil USD 91.77
Laughing Laughing Laughing Laughing Laughing

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Today LIOC closed 46.80

MARKETWATCH2


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

thank you very much.

windi5

windi5
Moderator
Moderator

Dont forget gov will do anything to win the presi election. My gutt feelin is that they will reduce petrol another five and diesel five. It seems isis is not going to give up ,this will have an impact on oil suppy in near future so it will gradually go up. december quater results will be pretty intresting.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

I read an article where ISIS is too selling in black market at a discount through Turkey, Iran through other neighboring countries illegally. Another Interesting situation is Saudi recent announcement reducing Oil price to increase Market share. Thirdly USA is too supplying and most likely to be Top supplier to pass Saudi and Russia in coming years.
So Oil price s are expected to dip further with USA pumping more oil barrels per day Very Happy with risk of oversupply.

MARKETWATCH2


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

boom fro consumers, industries. cost down. profit up. Bonanza for investors.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

I heard Champika on Sirasa clamouring to get the price mechanism introduced on Petrol and Diesel. Whilst the Petroleum Minister defend the current price structure as its profitable due to low oil prices.

This is the right time in my opinion to reduce GoSl subsidies on kerosine and diesel.... and reduce the government burden ......

This government seem to benefit from the lower oil price and not willing to pass it to consumers... probably they are greedy and corrupt

kassachandi


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

So is it good time to collect in current price experts?

Fairtrade

Fairtrade
Manager - Equity Analytics
Manager - Equity Analytics

Remember decreasing Oil will benefit LGL too.

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

windi5 wrote:Dont forget gov will do anything to win the presi election. My gutt feelin is that they will reduce petrol another five and diesel five. It seems isis is not going to give up ,this will have an impact on oil suppy in near future so it will gradually go up. december quater results will be pretty intresting.

Dear Windi Global oil price reduction is a reality and as you told govt planning to reduce oil price is prediction.
That might be also reality but not sure, even it happen it will not affect LIOC's high EPS (Rs 9/-) due to drastically redused global oil prices. So not only December quarter whole 2014/15 financial results are interesting isn't it?



Last edited by THILANGAF on Sun Oct 05, 2014 1:43 am; edited 1 time in total

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

kassachandi wrote:So is it good time to collect in current price experts?

Yes, but do your own due diligence on LIOC such as global oil price current level, oil future prices, current CSE trend. One more thing if LIOC earn good profits repeatedly in coming quarters, they will declare huge dividend for their share holders like LLUB. IF you planning for mid term to long term current levels are attractive. may be you will not see these levels in future if the things happen positively.

RPPA


Expert
Expert

MARKETWATCH2 wrote:boom fro consumers, industries. cost down. profit up. Bonanza for investors.


Ya the bonanza will last stay till presidential Elections.



yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

And if the researches before election shows sure winning , then there wont be any changes to oil price. if the research is not positive then oil will fall just for two weeks ...electricity cost ...reminds

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

Breaking news Today Crude oil Price USD 88.86 and Brent oil 91.49

Laughing Laughing Laughing Laughing Laughing Laughing

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

THILANGAF wrote: Breaking news Today Crude oil Price USD 88.86 and Brent oil 91.49

Laughing Laughing Laughing Laughing Laughing Laughing

Great to see my friends and This is great news for LIOC shareholders!!!!!!

daminda


Senior Equity Analytic
Senior Equity Analytic

Crude oil is crashing down towards 80 dollars per barrel. Because USA has become an oil exporter and new oil fields have been found from Denmark to Greece and Russian Arctic region. So another price reduction is possible before election and may not impact profitability of LIOC.

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

daminda wrote:Crude oil is crashing down towards 80 dollars per barrel. Because USA has become an oil exporter and new oil fields have been found from Denmark to Greece and Russian Arctic region. So another price reduction is possible before election and may not impact profitability of LIOC.

cheers cheers cheers cheers cheers cheers

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum