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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

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

Sponsored content



Back to top  Message [Page 1 of 1]

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