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LIOC.N0000 (Lanka IOC PLC)

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by HAL9000 on Thu Oct 01, 2015 3:01 pm

India has been eying for the Trinco Tank Farm for decades Yankee Dickie prepared to sell it to US, prompting India for a major political intervention by involving into SL issues in 1987. I think many of us know what happened. It us obvious that now India consolisated it's position in Indian Ocean,  where India and US become close allays.  Now the game between Indira and China, China planing to revive ancient Silk Route. SL can either manage this issue for it's fortune or perish. Too much bias in to either side will not do any good.

A decade ago things were staged as below, but nothing happened,  will see what next
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Mean while LIOC touched 43 today
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Re: LIOC.N0000 (Lanka IOC PLC)

Post by Future123 on Thu Oct 01, 2015 7:18 pm

LIOC is a share always paid back to me. In the last run bought around 40/= and sold just over 60/= with 50% return.

This time entered 38 to 40/= levels and I hope a good run very soon. The run started last month but unfortunately came down due to market sentiments.

When the price formula is introduced don't even think to buy LIOC at these levels. I think the price formula will be introduced very soon. The formula must be designed in such a way that LIOC always makes a profit irrespective of movement in international prices and local taxes.

The present regime is very good with India and I don't expect fat ass Ravi or Ranil will destroy an Indian company. Now when I buy a share the first thing is think about those two as they can completely destroy your plans. (Except short term trading shares).

Don't expect good profit from LIOC in this quarter. I think the the market already taken this into account.

For me LIOC is a medium term trading share and can't hold for investment for too long as this is subject to many regulations and external factors.

Caution: If you are a long term investor LIOC might not be suitable for you. If you are a medium term trader this is a safe bet. If you are too cautious forget about LIOC.
This is my personal opinion only and please do your research before making any investment/trading decision.

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Thu Oct 01, 2015 8:52 pm

Well Future

I have already classified this share as a traders heaven. Look at the price movement in history. In many years this share has doubled within the year .

You all can see my double standard in share trading. I am not pro Indian and I dont like Indian companies invading Sri Lanka.

But in my PF LIOC is the biggest. I said my purpose of share investing is developing wealth.


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Re: LIOC.N0000 (Lanka IOC PLC)

Post by Future123 on Thu Oct 01, 2015 9:55 pm

YK +++

My purpose is also to increase my wealth.

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Fri Oct 02, 2015 7:50 am

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October 1, 2015 at 10:00 am | lanka C news

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පුද්ගලික අංශයට ලංකා ඛනිජ තෙල් නීතිගත සංස්ථාවෙන් තුනෙන් එකක් විකුණා දමන ලෙස වූ යෝජනාවක් ශ්‍රී ලංකා වානිජ මණ්ඩලයට ඉදිරිපත් වී ඇති බව ඛනිජ තෙල් හා පෙට්‍රෝලියම් වායු ඇමැති චන්දිම වීරක්කොඩි මහතා පවසයි.
ඇමතිවරයා පවසන්නේ සාමාන්‍යයෙන් අය වැය යෝජනා ඉදිරිපත් වන කාලයේ ආයතනවල සිදුකල යුතු ගැන යෝජනා වාණිජ මණ්ඩලයට ඉදිරිපත් වන බවත් මෙය ද එවැනි යෝජනාවක බවත්ය.
මෙකී යෝජනාව ගැන සංස්ථාවේ නිලධාරීන් වෘත්තීය සමිති සමග ද සාකච්ඡුා කළ බව පවසන ඇමැතිවරයා යෝජනාව ගැන අවසන් තීරණයකට පැමිණ නැති බව ද කියා සිටියේය

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Mon Dec 14, 2015 9:47 am

It is always worth to find whether the content is accurate or not than finding who owns the source. Anyway following is quoted from Lankatruth the Pro-JVP web site.



අතිවිශාල ඛණිජ තෙල් ගැහිල්ලක්!
2015 දෙසැම්බර් 13 වෙනි ඉරිදා, 07:56  
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[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]ලෝක වෙළෙඳ පොළේ විශාල වශයෙන් ඛණිජ තෙල් මිල අඩුවී තිබියදී එම වාසිය ශ්‍රී ලංකාවේ ජනතාවට ලබා නොදී ආන්ඩුව රුපියල් මිලියන 22,049ක අති විශාල බදු මුදලක් ලබාගෙන ඇති බව අනාවරණය වේ.
ජනතා විමුක්ති පෙරමුණෙ නායක අනුර දිසානායක මහතා ඊයේ (12) අයවැය විවාදයට එක් වෙමින් ලෝක වෙළෙඳපොළේ තෙල් බැරලයක මිල ඩොලර් 102කේ සිට ඩොලර් 46 දක්වා පහත වැටී ඇති බවත් එහි වාසිය ජනතාවට ලබා නොදී අසී මිත බරත් පටවා ඇති බව හෙළි කළේය.
මේ බව හෙළි වන්නේ රාජ්‍ය මූල්‍ය කලමණාකරණ නවතම වාර්තාවෙන්වය. පසුගිය වසරේ ජනවාරි සිට සැප්තැම්බර් දක්වා මාස 9 තුළදී ඛණිජ තෙල් නිශ්පාදන මත ලබාගෙන තිබෙන බදු මුදල රුපියල් මිලියන 4,675ක් වීතිබූ අතර මෙම වසරේ මුල් මාස නවය තුළ එ රුපියල් මිලියන 22,049ක් දක්වා ඉතා ඉහළ අගයක් වී තිබේ.
මෙය 471.63% දක්වා වැඩි වීමක්ය. ලෝක වෙළෙඳපොළේ තෙල් මිල අඩුවීමේ සහනය මෙරට ජනතාව වෙත ලබා දුන්නේ නම් කාර්මික නිශ්පාදන  පිරිවැය අඩු වීම, භාණ්ඩු ප්‍රවාහන පිරිවැය අඩුවීම සහ මගී ගමනාගමනයේ ගාස්තු අඩුවීම ඇතුළු සහන රැසක් හිමි වීමට තිබිණ

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Mon Dec 14, 2015 12:46 pm

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LIOC is now entering to an era after the Longest Period of Sustained High Oil prices in History.. Lets see what lies ahead in SL oil duopoly....

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by slstock on Mon Dec 14, 2015 1:40 pm

Issue is YK no matter the oil price, will this company consistantly show good profits on Financials Wink

Well on some positive,

Let see what happens when Oil formula comes.
There was a talk about government, joining some foreign company for something to do with oil ( I know this is so vague, but this is just something I might have read from budget , I could be wrong so need to clarify). If it is with LIOC that some positive for them.

But right now, after seeing last quarter results , am not too please how this company is progressing.( also in financials)

Someone asked me on FB or via PM in forum whether is is good to buy LIOC now as his holding cost is more.
So I thought I'd share in public.

I feel best not to average now if one want to as it is still shaky ( could dip more if any deals are there or someone want to dump).

Hope the Government and this company gets their act together.
A large company having effect on ASI also.





Wink
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LIOC is now entering to an era after the Longest Period of Sustained High Oil prices in History.. Lets see what lies ahead in SL oil duopoly....

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Mon Dec 14, 2015 1:46 pm

this is a share which  fooled me twice  Sad Sad Sad

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by slstock on Mon Dec 14, 2015 1:58 pm

First time, it is mistake.
Second time a coincidence.

But if it happens for the third time it is ............... ? Wink

yellow knife wrote:this is a share which  fooled me twice  Sad Sad Sad

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Mon Dec 14, 2015 2:01 pm

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by nis2008 on Mon Dec 14, 2015 2:02 pm

මමත් කිරි එලදෙනෙක් කියලා ගත්තනේ ඔය ලොම් හැලිච්ච මී හරකාව ,
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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Mon Dec 14, 2015 2:05 pm

nis2008 wrote:මමත් කිරි  එලදෙනෙක්  කියලා  ගත්තනේ ඔය  ලොම් හැලිච්ච  මී හරකාව  ,


මා  තනිවී නැත ලෝකේ මටද එලදෙනෙකු ඇතේ

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by Hawk Eye on Mon Dec 14, 2015 2:15 pm

Several experts gave warning, YK was stubborn to give up on this share..And i gave a warning too

*****************************
Wed Aug 05, 2015 9:53 pm

Foreign Selling - 7,130,399 shares yesterday. Also note that there was a news in the front page Sunday Times that the fuel price may get reduced again within 3 months time

Early Warning

****************************************

I started recommending this share at LKR.25 a buy..I gave clear justification. I collected nearly 88,000 shares at avg cost of Rs.29.00, exiting at Rs.62.
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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Mon Dec 14, 2015 2:49 pm

SLS and HE warned me


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Re: LIOC.N0000 (Lanka IOC PLC)

Post by chutiputha on Mon Dec 14, 2015 3:14 pm

yellow knife wrote:
nis2008 wrote:මමත් කිරි  එලදෙනෙක්  කියලා  ගත්තනේ ඔය  ලොම් හැලිච්ච  මී හරකාව  ,


මා  තනිවී නැත ලෝකේ මටද එලදෙනෙකු ඇතේ

ඇයි මමත් ඉන්නවා සර්ගේ තනියට....
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Re: LIOC.N0000 (Lanka IOC PLC)

Post by malanp on Mon Dec 14, 2015 6:11 pm

yellow knife wrote:
nis2008 wrote:මමත් කිරි  එලදෙනෙක්  කියලා  ගත්තනේ ඔය  ලොම් හැලිච්ච  මී හරකාව  ,


මා  තනිවී නැත ලෝකේ මටද එලදෙනෙකු ඇතේ

Lankacnews is always with you..

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Tue Dec 15, 2015 7:50 am

Malnap

Why not you reveal your Investment as at 7th Jan 2015 and now...?

This is my situation then


Invested 32 M and Market Value 48 M

7-Jan-1532,947,341.5048,019,391.37Day before presidential election date


and this is my situation now

Invested 36 M and and Market value 41 M

14-Dec-1536,744,150.4641,036,790.37Special announcement 2 PM


Had I listened to Chinwi or Cnews I would have been better off...

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by malanp on Tue Dec 15, 2015 8:10 am

YK
I dont keep a track of on special date, I buy and sell every few months, In August it went upto 18m and now reduced to 14m.

I think you listen to Wimal Weerawansa too much..

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Tue Dec 15, 2015 8:31 am

This is our problem Malnap... Please keep data ... I keep data since the day I made my very first investment...

When you keep data you will evaluate them without biased...

My Total investment and market value relationship was worst in 2008 Dec. Yet since I am a long-term investor I had no worries.

there were some who blamed MR for fighting with LTTE as the market was crashing.. we often remove important variables and assign what we want to highlight...In 2008 it was global depression .. Anyway those days I joked and said " Lucky that there was no stock market during King Dutugamunu's era... otherwise poor investors would have asked king to stop war to protect stock market.

Now regarding Wimal weerawansa he is a former JVPer who like any other politician is a very power hungry man.. Why you and I not into politics is because we are not motivated by power. Wimal represent a particular era of this country.. I belong to the same era.. So naturally there can be some similarities between his way of looking at things and mine..

Regarding Lanka C News.. I read many sources and I often quote them.. Daily Mirror, Daily FT, and C news are often mentioned by me..

If you have seen Plantation updates that consist of many negative info on that..and often C news is quoted there.Yet I am heavily into plantation... while reading all negatives and understand the impact of such..

Anyway even for the rest of the crowd here its worth while keeping your Investment Diary...Statistics that you keep on your own actions are un-biased..

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by malanp on Tue Dec 15, 2015 8:47 am

YK

Hungry for power and hungry for money are two different things, WW is hungry for power, but we are hungry for money that is why we are in the CSE,,

If you are an investor then taking a hungry for power man as a role model is not good for you.. listen to people like DP,HJ or somebody who have made money in shares,, regarding an investment WW is the last person I will listen because i know he will send me to bankruptcy..

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Tue Dec 15, 2015 9:19 am

Personally I like to keep a particular thread in Industrial analysis confined to only that share... So I may end the discussion here as it goes beyond LIOC.

Anyway it seems you have misread me.. When I quote Daily Mirror or FT why not you find who owns Wijaya Newspaper house and the relations of its owners and then read me from that view as well..

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Thu Dec 31, 2015 9:12 am

Price Formula for Petrol is on the cards and can expect its implementation from Jan 2016. Its time to see the chart of petrol  price per liter in the world..

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The same chart in LKR

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Source: secondary data evaluation from findings of numbeo.com

 http://www.numbeo.com/cost-of-living/country_result.jsp?country=South+Korea&displayCurrency=USD

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by Future123 on Thu Dec 31, 2015 12:58 pm

LIOC is a share to look for in 2016. Hope the commodity prices will be low and the price formula which brings justice to LIOC.

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Re: LIOC.N0000 (Lanka IOC PLC)

Post by yellow knife on Tue Feb 09, 2016 3:21 pm

India keen to establish refinery and bunkering operations in Sri Lanka


8 February 2016 00:00

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Bhubaneshwar, Odisha: India is interested in establishing refinery and bunkering operations in Sri Lanka, Indian Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said on Saturday when he held a bilateral meeting with Deputy Minister of Petroleum Resources Development of Sri Lanka Dr. Anoma Gamage.

Deputy Minister Gamage is in India to participate in the ceremony at Paradip where Prime Minister Narendra Modi will be dedicating to the nation the Indian Oil refinery.

Pradhan, during his meeting with the Sri Lankan Deputy Minister, discussed issues such as the expansion of activities of Lanka IOC, in Sri Lanka, including in the retail business, bunkering and marketing of ATF and LPG. Lanka IOC is a subsidiary of the Indian Oil Corporation.

He reiterated the commitment made by Prime Minister Modi to work with Sri Lanka to make Trincomalee a regional energy hub.

Pradhan also expressed India’s interest in establishing refinery and bunkering operations in Sri Lanka. He expressed confidence that both Sri Lanka and India would work in a spirit of partnership in the hydrocarbon

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