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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » what will happen LIOC

what will happen LIOC

+3
Teller
gayanath1983
nis2010
7 posters

Go down  Message [Page 1 of 1]

1what will happen LIOC Empty what will happen LIOC Fri Oct 23, 2015 12:03 am

nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

what will happen to LIOC??:

2what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 12:17 am

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

financial reports on the way

3what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 12:36 am

nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

gayanath1983 wrote:financial reports on the way
any predictions??

4what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 4:32 am

Teller

Teller
Moderator
Moderator

No, government has a plan to give them another 1/3 of total filling stations. One of my friends told me last night who works in the ministry. If they do so LIOC can control 66.6%.

5what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 5:51 am

SLFINANCEWATCH

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

Me too had this news, but cannot confir at this stage..Anyway as long as this govt is there LIOC will have a good time..High chance of a joint project in Trinco with India..

6what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 6:50 am

EquityChamp

EquityChamp
Moderator
Moderator

nis2010 wrote:
gayanath1983 wrote:financial reports on the way
any predictions??

I have low level of faith in this company. I have studied their financial reports and believe they are syphoning money by putting various management charges under operating costs. So in every quarter investors anticipate good result taking into consideration of the dropped oil prices but they disappoint them by showing unbelievable low profit. I personally don't like this stock. Evil or Very Mad

7what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 5:14 pm

samaritan


Moderator
Moderator

SLFINANCEWATCH wrote:Me too had this news, but cannot confir at this stage..Anyway as long as this govt is there LIOC will have a good time..High chance of a joint project in Trinco with India..

Plans are underway for India to setup its first overseas petroleum hub in trincomalee, which will immensely benefit LIOC. Hence, Future is bright for LIOC.

8what will happen LIOC Empty Re: what will happen LIOC Fri Oct 23, 2015 5:49 pm

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

EquityChamp wrote:
nis2010 wrote:
gayanath1983 wrote:financial reports on the way
any predictions??

I have low level of faith in this company. I have studied their financial reports and believe they are syphoning money by putting various management charges under operating costs. So in every quarter investors anticipate good result taking into consideration of the dropped oil prices but they disappoint them by showing unbelievable low profit. I personally don't like this stock. Evil or Very Mad
Agreed with you

9what will happen LIOC Empty Re: what will happen LIOC Sun Oct 25, 2015 9:16 pm

SLFINANCEWATCH

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

Last 4 months fuel import cost drop from 48% while amount increased by nearly 20%, Fuel prices in SL drop by 30 % only ( 167 to 117 ,petrol )..According to this simple formula LIOC Must have good financials.

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