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LANKA IOC PLC (LIOC.N0000)

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181LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 10:16 am

predictor


Senior Equity Analytic
Senior Equity Analytic

May be Some wanted to buy at low and spreading rumors.

182LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 10:21 am

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

We never know buddy but earnings wise this share is worth more than what it's trading today.

183LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 10:45 am

kumarweerarathne


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

there is rumor going on abt tax imposing on diesel, lets c not yet confirmed.

184LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 11:05 am

predictor


Senior Equity Analytic
Senior Equity Analytic

There is only a marginal profit in Petrol. Diesel there was an increase in duty previously and someone have come to know about it only yesterday. If they introduce tax CPC will run at loss which govt cant do now after the loan they took. LIOC is into even byproducts of oil and going ahead with other investments. In order to buy at low people are spreading rumors.

185LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 11:52 am

karuna


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

Good lesson .

Ma parath kawadoo sarata . Lioc only valid long term this share new innocent people's money killing
Who promote with such a baila.  

I nothing to say anything about them.

186LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 12:06 pm

D.G.Dayaratne


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

Hon minister in his speech under meet the minister program of OPA
clearly said that Govt intention is to maintain preset prices and get the befit of world market price reduction

Consumers will be benefited through competition

Indian oil company will not have to earn abnormal profits

due to mismanagement of CPC and already taken action to improve efficiency

187LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 12:25 pm

thala


Equity Analytic
Equity Analytic

Managed to go up a bit but huge collection.  Which means tgere will be good selling pressure above 40

188LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 12:27 pm

predictor


Senior Equity Analytic
Senior Equity Analytic

I was there at the OPA. Minister never mentioned that. You are a liar and don't spread wrong news and cheat poor people.

189LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 12:34 pm

SLBOY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Teller wrote:LIOC has many more uncertainancies time to time some times it's climbing to sky high ,some times bottom of the well.
Only God knows how the prices are going up and down .
Last time lot of people strcuted in 50-55 levels.
That's the reason buying as well as huge selling also.
New comers have to much careful to enter correct level.
Obviously LIOC is not bad but last 5-6 times the same scenario was happend.
Stil no one know how price formula is going to apply?

Very Happy Very Happy

190LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 12:36 pm

D.G.Dayaratne


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

I think you are a delibarate lior

If you have any problem you can ask from Hon minister

I do not think you were at OPA auditorium
Pl give your name i can check the attendance register

I alwaya give my correctname I do not want to lie and 
mislead innocent people

191LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 12:57 pm

predictor


Senior Equity Analytic
Senior Equity Analytic

He never said LIOC will not have to earn abnormal profits. What he said was LIOC is not like govt. and they want profits. Also mentioned about geopolitical reasons. That is to say LIOC profitability cannot be questioned.

He also said CPC earned big profits during 1st 4 months.

192LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 1:45 pm

g@ii


Equity Analytic
Equity Analytic

Seems there are so many promoters for LIOC. LIOC is making higher profit during this period due to lower crude oil prices. But it's worth to remember that crude oil market is already started correcting it self.

193LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 1:56 pm

nuwan85


Stock Analytic
Stock Analytic

Don’t be panic & sell your valuable shares based on the rumors. If duty component is increased that will lead to slightly reduce the LIOC profitability. Still confirm details are not available on the Duty amount increased. LIOC will make good profit in the coming quarters also. This kind of duty increase was done  3or43 months back also but LIOC managed to record good profit last quarter. Whatever people try to communicate what we keep in mind is LIOC is also a commercial entity. In terms of Revenue they were 2nd  and 3rd  place in past years. Definitely with their volume, they will record good profit.

Government policy is to support the business not to hares. With present government relationships with India, government intention to promote foreign Investment & commitment given to IMF all will be favorable to LIOC. Duty increase will not be affected LIOC & CPC as expected by some people. GL.

World oil price trend will be explained well in the following article.
http://www.cnbc.com/2016/08/25/oil-prices-dip-as-saudi-arabia-dampens-prospects-of-output-freeze.html

194LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 2:38 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Govt allow to do the oil business for every one can import.

195LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 2:59 pm

thala


Equity Analytic
Equity Analytic

This is from brs, we hav to now analyse the bottom price of it

Excise duty on Diesel has been increased by LKR 10 to LKR 13 (previous - LKR 3) with effect from 20th August 2016, according to Ceylon Petroleum Corporation. However, the news is not made public as yet and no indication of retail price hike can be recognized. Therefore, we believe that the company will have to absorb the increased tax amount as a cost.
 
Considering the latest financial data, we have come up with the possible impact on the margins as follows. Our calculations indicate a ~400 basis points drop in GP margin and LKR ~750mn bottom line hit per quarter (EPS impact - LKR 1.41 per quarter)

196LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 4:33 pm

karuna


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

karuna wrote:Good lesson .

Ma parath kawadoo sarata . Lioc only valid long term this share new innocent people's money killing
Who promote with such a baila.  

I nothing to say anything about them.

Lioc don't have a branded products as a example servo lubricant oils selling very cheap prices in the market.  Who like to buy India industry cheap products . No one accept Indian product . Probably can't use longer.  

U know aaf it also shiting Indians and never return profit . They keeping there profit . And wasting innocent people's time 
Aaf now nearly 4 years puka india going same same place. 

However carefully with Indian's . We nothing discuss about India games. 

Great share never mislaid there investors.  
Do your best investment to best shares

197LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 5:58 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

http://www.dailymirror.lk/114772/Diesel-production-tax-increased

The Government has increased the production tax on diesel by Rs. 10 per liter with effect from August 20, the Finance Ministry announced today. Accordingly, the production tax on diesel has been increased to Rs. 13 from Rs. 3. Ministry said the market price of diesel would not be increased due to the new tax revision. The ministry said the crude oil prices in the world market have declined and the Government has revised the production tax on diesel in order to claim the advantage from the world oil price decline. 

198LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 6:26 pm

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Now everything finish...

EC sir already alert regarding this share...No body care..Ec sir hats off....We can't trust this share anymore...I will pray for retail buyers...Don't caught promotions....

199LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Fri Aug 26, 2016 7:19 pm

stockback


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

Brinthan wrote:Now everything finish...

EC sir already alert regarding this share...No body care..Ec sir hats off....We can't trust this share anymore...I will pray for retail buyers...Don't caught promotions....


I dont have LIOC

i bought 2014 and sold 2014

I like to say something about this tax.

Production Tax increase now. this tax is depending on world market crude oil. if they keep oil price at same level then Tax should be vary time to time. this is similar to price formula.

now sri lankan market receiving 25-35 USD crude oil. thats why they have increase production tax. if not LIOC will get high profit during next two quarters.

last time oil price fixed according 54 USD Base (27.01.2015)

then after Rupee depression around 12-13%. then considering Crude Oil Price is 54* 13% = 47 USD

if crude oil price stay on 47 USD. then LIOC  making profit. so then another 11% tax increase new considering Crude oil Price is = 41.8 USD, current Brent oil price is 49 USD.

but in the sri lankan market now we receiving 25-35 Range oil. LIOC has enough profit. with this tax also they can make 1-2 Rupees per quarter.

now also they can make 5-6 Rupees per year very easily.

this is my idea. I dont have LIOC. i said this bcz some people panic and  making loss without thinking.

200LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Sun Aug 28, 2016 3:20 am

Teller

Teller
Moderator
Moderator

I think government has done correct thing. That's why I said earlier post regarding LIOC ,
We can't expect much from LIOC .

201LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Sun Aug 28, 2016 9:41 pm

thala


Equity Analytic
Equity Analytic

Guys any thoughts on tomorrows price,  i think may be 1 or 2 rs up by market close due to the huge fall on Friday 
 Or will it have further 1 or 2 rs fall extended losses due to the tax  increase?

202LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Mon Aug 29, 2016 7:29 am

EquityChamp

EquityChamp
Moderator
Moderator

More chances are to come down and settle around 35 hen the next quarter result is out. Will add some pressure on market index as well.
Thanks

203LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Mon Aug 29, 2016 7:35 am

Yahapalanaya

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

samaritan wrote:
predictor wrote:Previous uncertainty situation changed with the new government. No need to run the petrolium at a loss by giving concessions. When the Formula is introduced profits will not changed drastically. Pricing formula is to make profits and not to incur losses. Most of the Countries where they have formula petrol/Diesel prices are higher than Srilanka.

EPS will be at least Rs. 10/-. from the present activities. With the planned new activities like distribution etc more chances are there to have a better EPS. That means LIOC should touch at least 80/-.(10/-*8 P/E)
A JUSTIFIABLE PREDICTION BY PREDICTOR!
What is your MM tool predicts!!!

204LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Mon Aug 29, 2016 9:10 am

samaritan


Moderator
Moderator

According to Bartleet Religare Securities the effect of increase in production tax is expected to hit eps of LIOC by Rs 1/41 per quarter.

OK, now the 1st Qtr eps was 3/75. expected eps after allowing for tax increase for the balance qtrs will be 3/75 less 1/41 = 2/34.

So, annualized eps (after tax increase) = Rs 10/77.
Still the share price has the potential to trade at a minimum of 60/= the least.

At the end of the day intelligent investors are collecting in a big way even at the closing stages of trading on last Friday. Where as the innocents are misled to sell their shares by unscrupulous elements.

Wish to invite experts comments please.

205LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Mon Aug 29, 2016 10:59 am

worthiness


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

[size=33]Excise duty on diesel increased to Rs13 a litre; LIOC down 9.7 pct[/size]
Author LBO
Posted on August 26, 2016 | Commodity, Economy

"Aug 26, 2016 (LBO) – Sri Lanka’s government has raised excise duty on diesel by 10 rupees a litre to 13 rupees, the Finance Ministry said in a statement.
Although the excise duty on diesel was raised three days ago, no public announcement was made until Friday.
The share price of LIOC fell to 37.80 rupees, down 9.7 percent, on the Colombo Stock Exchange Friday with 215 million rupees of shares traded, raising questions whether the announcement had been made to the market before the shares were sold.
Bartleet Religare Securities said the hike will erode profit margins of the listed Lanka Indian Oil Corporation.
“LIOC will have to absorb the increased tax amount as a cost since there was no indication of a retail price hike,” Bartleet Religare Securities said.
“Our calculations indicate around a 400 basis points drop in gross profit margin and 750 million rupees bottom line hit per quarter.”

206LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Mon Aug 29, 2016 12:34 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

The best thing to do is buy in small quantities and average down cause we never know the bottom but all we know is LIOC is a good share to have in your portfolio.

Happy Trading

207LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Mon Aug 29, 2016 12:37 pm

NZ BOY

NZ BOY
Moderator
Moderator

introducing the pricing formula which is again a good thing. A win win situation for every body.

208LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Tue Aug 30, 2016 3:25 pm

thala


Equity Analytic
Equity Analytic

Seems lioc recovered from the great fall, now we have 
to wait for the next cycle of selling to begin as close to 9 to 10 mn shares traded in the range of 35.8 to 41.60 just alone in the last week. Is those buyers decided to hold it for some time until the ex dividend date then atleast we can expect this to trade above 42.

209LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Tue Aug 30, 2016 10:39 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

Not 42 this will pass 50 easily

210LANKA IOC PLC (LIOC.N0000) - Page 8 Empty Re: LANKA IOC PLC (LIOC.N0000) Wed Aug 31, 2016 9:14 pm

thala


Equity Analytic
Equity Analytic

http://asianmirror.lk/news/item/18688-request-made-to-raise-increase
 
Lanka IOC has requested permission from government to introduce a fuel price hike after the diesel production tax was increased.

The company says the increase of the diesel production tax from Rs 3 to Rs 13 has increased their production cost by 56 percent.

The company also claims that it has affected the production of petrol as well.

It is reported that Lanka IOC has requested for a meeting with Minister of Petroleum and Petroleum Gas Chandima Weerakkody.

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