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

» CSE THIS WEEK
by ruwan326 Today at 8:08 am

» COLLECT - REEF @ 5 / LOFC @ 3.70 -3.80 /KHL BELOW 8 /GHLL BELOW 8
by kalu351 Today at 7:17 am

» The 300 of hexp as it long term glory
by EPS Today at 7:00 am

» Weekly Stock Market Roundup
by Insights Equity Today at 5:55 am

» We need a complete analysis on mid term direction of the CSE
by Yahapalanaya Today at 5:22 am

» HEXP PRICE
by Yahapalanaya Today at 1:34 am

» START COLLECTION - EFP IS COMING BACK TO THE CSE FOREIGN INVESTORS ARE COMING BACK TOO MAINLY DUE TO USA CRISESS AND IMF backing the country and massive foreign investments are coming back
by kalu351 Yesterday at 10:01 pm

» UBC - MBSL - Much talked deals are coming soon
by kalu351 Yesterday at 9:57 pm

» RIL - DEAL TALKS ARE ON - BUY AND COLLECT AND HOLD
by kalu351 Yesterday at 9:55 pm

» BIL @ 1-80 A GEM - BIL BIL BIL
by kalu351 Yesterday at 9:53 pm

» LOFC LOFC LOFC LOFC NEXT
by kalu351 Yesterday at 9:51 pm

» BE SMART AND TRADE WITH HOLD POWER - LEDV CAN MOVE TO 7
by kalu351 Yesterday at 9:50 pm

» Financial Reports Q-4 2018
by ruwan326 Yesterday at 9:00 pm

» Summary of Key Announcements during the week
by ruwan326 Yesterday at 8:58 pm

» Dealing by directors
by ruwan326 Yesterday at 8:56 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:54 pm

» CSE WEEKLY
by ruwan326 Yesterday at 8:53 pm

» Performance of the Market
by ruwan326 Yesterday at 8:45 pm

» FOREIGN NEWS
by ruwan326 Yesterday at 8:43 pm

» CROSSINGS TODAY
by ruwan326 Yesterday at 8:40 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 5:08 pm

» Plantation sector
by ruwan326 Yesterday at 2:26 pm

» Entering LDEV @ CMP
by ruwan326 Yesterday at 1:37 pm

» EAST Interesting price@14 Price will Up 18-20 Level Easily
by NZ BOY Yesterday at 12:20 pm

» PLAYERS PICK OF THE DAY
by ruwan326 Yesterday at 11:15 am

» Another Finance company into Hotels owned by family members may be at the verge of collapse?
by SelvaKolla Yesterday at 11:00 am

» Sri Lanka Hayleys-Vallibel One Owner Dhammika Perera to venture into Steel Business with London Steel Guru Billionaire Lakshmi Mittal, Steel Entertainment Park to come-up in Sri Lanka like ArcelorMittal Orbit in London
by SelvaKolla Yesterday at 10:50 am

» CTCE CTCE CTCE CTCE
by roshan1039 Yesterday at 10:48 am

» AAIC MUST BE ABOVE Rs.75/=
by Yahapalanaya Yesterday at 9:25 am

» ##FUN TOONS###
by ruwan326 Yesterday at 7:28 am

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