LIOC future

anurabw · 1 LIOC future Mon May 16, 2011 11:08 am

anurabw

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why LIOC is nt moving

Rocky · 2 Re: LIOC future Mon May 16, 2011 11:18 am

Rocky

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lioc is in a stale mate with the Govt.
Bunkering business is better than fuel. The same fate that of PRIMA and GRAINS.

Commodity items under pricing control involves constant lobbying and negotiations. If the management cannot find other ingeniuos methods to make money they should call it quits.

banarahu · 3 Re: LIOC future Mon May 16, 2011 12:03 pm

banarahu

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JINS also same... majority of shares are like that in this time, only reason we can see with LIOC is tax deduction for vehicles in the start of this quarter. more vehicles want more fuel. Smile

then it has to be going up. but it is not a good explanation. it will remain here until any special news or special person enter in to it. But LIOC is not a good liquid stock as I know.

Rajitha · 4 Re: LIOC future Mon May 16, 2011 4:23 pm

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greatly undervalued share but market is not responding to the last few quarters earnings! The company is not helping either with its negative comments and soo many people have too many bad memories about this share!
In the end too many shares, band share promoting from the company, no dividends ever paid!
I bought some shares sometime back and sold with a small loss after holding for few months after realizing about this!

nuwank · 5 Re: LIOC future Tue May 17, 2011 12:03 pm

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LIOC P/E is less than 10 and the stock is trading at book value.
I think it's only a matter of time when LIOC will move. They have done really well these last few qtrs and they will do well in the future too.
The order book has increased within the last month and maybe the Indian shareholder might want to divest a bit after a revaluation and book some profits. After all, they are doing this to make money and they haven't made any money via a dividend or a sell down ever since they started. Who knows, maybe a dividend for the first time, since they are making money now?