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Sri Lanka Equity Forum » Stock Market Talk » LIOC is going to increase oil price

LIOC is going to increase oil price

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1 LIOC is going to increase oil price on Sat Sep 30, 2017 10:35 am

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
LIOC is requesting to increase oil price per current international market price..... on October....
LIOC is going to BOOM in October

2 Re: LIOC is going to increase oil price on Sat Sep 30, 2017 6:56 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I think govt will alow it in view of coming Elections

3 Re: LIOC is going to increase oil price on Sun Oct 01, 2017 5:34 pm

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
Both parties asked to increase petrol and diesel price in October.....
This will happen soon....
I was expecting this.. because of the LIOC loss...
Same thing happened to LGL...
will see what will happen....
If this happened LIOC can be a GEM...

4 Re: LIOC is going to increase oil price on Sun Oct 01, 2017 8:49 pm

reyaz

avatar
Manager - Equity Analytics
Manager - Equity Analytics
They can also reduce tax levy

5 Re: LIOC is going to increase oil price on Sun Oct 01, 2017 8:55 pm

predictor


Senior Equity Analytic
Senior Equity Analytic
Govt. may reduce present 15% Vat soon. Taking that advantage govt. also may introduce the formula as requested by IMF. These will increase the profit of LIOC. With the introduction of formula guaranteed profit for LIOC.

6 Re: LIOC is going to increase oil price on Mon Oct 02, 2017 10:02 pm

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
LIOC can move to 35.00 range soon......

7 Re: LIOC is going to increase oil price on Fri Oct 06, 2017 5:55 pm

TuTanKaman


Equity Analytic
Equity Analytic
Ceypetco will not increase prices. So lioc to expect less demand if they increase prices

8 Re: LIOC is going to increase oil price on Fri Oct 06, 2017 6:20 pm

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
Will see... this request asked both side.
Game will began soon...

9 Re: LIOC is going to increase oil price on Fri Oct 06, 2017 6:20 pm

MasterD


Stock Analytic
Stock Analytic
@TuTanKaman wrote:Ceypetco will not increase prices. So lioc to expect less demand if they increase prices

Still they will not lose ne?

10 Re: LIOC is going to increase oil price on Mon Oct 09, 2017 11:48 pm

predictor


Senior Equity Analytic
Senior Equity Analytic
Govt. may very soon introduce the pricing formula for fuel without revising the prices upwards.

May reduce the govt. excise duties like Govt. Of India did last week. India having the formula reduced the Taxes and reduced fuel prices.
Even LIOC has asked to reduce taxes if govt. is not willing to revise prices

This may come before the budget or at least with the budget.

the http://www.sundaytimes.lk/171008/news/brakes-on-bid-to-hike-fuel-prices-minister-pushes-for-price-formula-262953.html

11 Re: LIOC is going to increase oil price on Tue Oct 10, 2017 7:20 am

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
Good for LIOC.... Don't miss the bus...

12 Re: LIOC is going to increase oil price on Tue Oct 10, 2017 7:33 am

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
If this introduced LIOC will be a GEM... I can predict LIOC can be move above 50.00... Like 2014....

13 Re: LIOC is going to increase oil price on Tue Oct 10, 2017 1:24 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Pricing formula will come to effect soon. Government attempts to stop price increase due to oncoming elections.

14 Re: LIOC is going to increase oil price on Tue Oct 10, 2017 6:13 pm

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
This will come soon... LIOC never end with loss..
Also government will do this ASAP...
WILL SEE

15 Re: LIOC is going to increase oil price on Tue Oct 10, 2017 10:08 pm

predictor


Senior Equity Analytic
Senior Equity Analytic
Other than the desperate sellers others are not selling and some are trying to collect at the lowest price.

The moment formula is introduced share will be moved up by at least 40%
With that it will not stopped since the profits are guaranteed.

16 Re: LIOC is going to increase oil price on Wed Oct 11, 2017 7:18 am

Ran49


Manager - Equity Analytics
Manager - Equity Analytics
That's true... predictor... totally agree with you...
Someone collecting... slowly in 30 level...
Also LIOC holding 30.00 level long a period...
Good fundamental share to buy...

17 Re: LIOC is going to increase oil price on Thu Oct 12, 2017 9:06 pm

SIRRA123


Stock Analytic
Stock Analytic
Yes. This has very good potential. Also it has a very cyclical share price patters due to fuel price increases etc.

14/15 (Financial Year) - Highest Price (68.30) / Lowest Pricce (37.30)
15/16 (Financial Year) - Highest Price (44.20) / Lowest Pricce (29.00)
16/17 (Financial Year) - Highest Price (42.90) / Lowest Pricce (27.00)

Now at 31.50 ---->>>

LIOC has a very strong balance sheet.

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