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

» Daily Foreign Transactions
by ruwan326 Today at 7:41 pm

» KEEP AN CLOSE EYE ON BFN DONT SELL BELOW 17
by kalu351 Today at 7:05 pm

» MARKET RISE - GUARANTEED
by THUWA Today at 5:06 pm

» #PM Crisis#
by samaritan Today at 3:45 pm

» Don't put your money on risk ! Buy politically less effect shares !!!!
by The Hunter Today at 12:55 pm

» Financial Reports Q-3 2018
by ruwan326 Today at 11:59 am

» what is the best price for TKYO
by Pahan Today at 11:11 am

» Is HNB price is attractive
by Pahan Today at 10:57 am

» BFN DEAL -DONT SELL BFN AT 14 LEVEL
by kalu351 Today at 10:45 am

» BFN Deal to go on in spite of the political crisis
by kalu351 Today at 8:36 am

» ##FUN TOONS###
by ruwan326 Today at 7:06 am

» TBs worth Rs.14.2 bn issued to SriLankan in 2012
by ruwan326 Yesterday at 6:42 am

» SRI LANKA @ 2020
by ruwan326 Sat Nov 17, 2018 7:24 am

» Dealing by directors
by ruwan326 Fri Nov 16, 2018 9:08 pm

» Summary of Key Announcements during the week
by ruwan326 Fri Nov 16, 2018 9:06 pm

» CSE WEEKLY
by ruwan326 Fri Nov 16, 2018 9:02 pm

» BFN Price HOLDING ON AS THE DEAL COME CLOSER
by sanjulanka Fri Nov 16, 2018 1:29 pm

» Another Finance sector deal UBC UBC UBC Deal
by kalu351 Fri Nov 16, 2018 10:56 am

» BFN BFN BFN BFN BFN DEAL ......WITH CHINESE BANK
by kalu351 Fri Nov 16, 2018 10:54 am

» MARKET CRASH - GUARANTEED
by Maharaja Fri Nov 16, 2018 9:32 am

» Q-TO-Q Financial Report-Financial Performance- Period ended 30 September 2018
by ruwan326 Thu Nov 15, 2018 9:00 pm

» CB raises key rates in surprise move to support currency
by Miss-Sangeetha Thu Nov 15, 2018 4:59 pm

» President rejects NCM brought against PM, Govt.
by ranferdi Thu Nov 15, 2018 2:36 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by ruwan326 Thu Nov 15, 2018 1:59 pm

» Supreme Court issues stay order on Gazette dissolving Parliament
by THUWA Wed Nov 14, 2018 5:28 pm

» CSE THIS WEEK
by ruwan326 Wed Nov 14, 2018 8:27 am

» Veterans return to lead state banks
by ruwan326 Wed Nov 14, 2018 8:21 am

» Collect ODEL Range Rs. 23-25 .......Target Price over Rs.35
by soileconomy Tue Nov 13, 2018 8:54 pm

» අනං## මනං ##
by ruwan326 Tue Nov 13, 2018 8:52 pm

» JKH News & Reports
by ruwan326 Tue Nov 13, 2018 8:11 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