Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» MARKET CRASH - GUARANTEED
by easthetic Yesterday at 6:26 pm

» TECHNICAL ANALYSIS REPORT FOR JUNE
by ruwan326 Yesterday at 2:40 pm

» Market up soon...
by ruwan326 Yesterday at 7:10 am

» what's happening to TKYO.N000?
by hasitha@CSE Wed Jun 20, 2018 1:25 pm

» HVA might give dividend
by anjelo Tue Jun 19, 2018 1:35 pm

» SRI LANKA'S ECONOMY
by samaritan Tue Jun 19, 2018 1:14 pm

» ONE TIME WORLD BEST STOCK MARKET -WHAT HAPPENED?
by dsam Mon Jun 18, 2018 2:21 pm

» PREDICT And WIN..........
by Eugine Fernando Mon Jun 18, 2018 2:12 pm

» TOUGH TIMES AHEAD........!!!!!!!!
by cruiserdude Mon Jun 18, 2018 10:47 am

» Chicken imports to be banned
by TuTanKaman Thu Jun 14, 2018 7:48 am

» VLL - Vidullanka PLC Private Placement
by The Hunter Wed Jun 13, 2018 9:20 pm

» CALF doubled price genuine?
by ruwan326 Wed Jun 13, 2018 10:47 am

» LLUB - foreign exit
by ruwan326 Wed Jun 13, 2018 10:42 am

» Howmuch will the dollar be in one week
by anges Tue Jun 12, 2018 7:21 pm

» FUTURE GEMS.....
by lishanthan Mon Jun 11, 2018 8:30 pm

» GARMENT INDUSTRY to enjoy double digit growth in the following year
by reyaz Mon Jun 11, 2018 1:59 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » LIOC run Just started

LIOC run Just started

Go down  Message [Page 1 of 1]

1 LIOC run Just started on Thu Oct 12, 2017 11:30 pm

predictor


Senior Equity Analytic
Senior Equity Analytic
We need to understand what the govt is trying to do.

LIOC hinted that they want to increase the price.

Thereafter Minister said in the parliament Govt. does not want to increase price even though running at a loss. But also says cannot go on and have to introduce the formula.

LIOC did not increase the prices

2nd IMF deadline for the formula is 31st March 2018

Government will not increase oil prices: Ranatunga
The Government has not decided to increase the oil prices, Petroleum Resources Development Minister Arjuna Ranatunga assured in Parliament yesterday.
He said the Lanka IOC expressed their wish to increase the fuel prices, but the Government would not allow them to increase.
Minister Ranatunga was responding yesterday to a query made by Joint Opposition Parliamentary Group Leader Dinesh Gunawardena , who said that there was a public opinion that the Lanka IOC was given permission to increase the fuel prices.
“Had the Government decided a formula to increase the fuel prices and privatise the Ceylon Petroleum Corporation (CPC) on the instructions of the IMF?” he queried. Minister Ranatunga said the CPC has not taken any decision to increase the prices.
“We have informed the Lanka IOC not to increase the prices now,” the Minister said.
“The CPC incurred losses because of the relief given to the people. Those issues would be presented to the House during the budget debate. There would be no increases of electricity prices and the CEB would not be affected,” he said.
He said no decision was taken to privatise the CPC. “We needed a price formula for the fuel prices owing to the price fluctuations in the world market. We needed the formula to keep local prices stable,” he said.
The Minister said the Government reduced the petrol prices to Rs. 117 from Rs. 150, Super Petrol Price to Rs. 128 from Rs. 198. The price of super diesel was reduced to Rs. 110 from Rs. 133, while the kerosene oil price was reduced to Rs. 44 from Rs. 81.


What are the probabilities ?

Tax reduction ????

May be able to get 50% return in 1 month ?

Think and invest.
Cool Laughing

2 Re: LIOC run Just started on Fri Oct 13, 2017 7:28 am

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
LIOC will be a good counter... soon....

Back to top  Message [Page 1 of 1]

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