The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on CSE and SL Economy
Today at 8:54 am by ruwan326

» இனிய பொங்கல்
Yesterday at 9:15 pm by nihal123

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Yesterday at 8:29 pm by PANTOMATH

» DIPD.N0000 (Dipped Products)
Yesterday at 8:18 pm by PANTOMATH

» AMF.N0000
Yesterday at 1:01 pm by serene

» HUNA.N0000
Mon Jan 14, 2019 5:29 pm by Ethical Trader

» අනං මනං! #/+?.<>
Sun Jan 13, 2019 8:32 pm by ruwan326

» Blessing in Disguise!! It's high time Brothers!!
Sun Jan 13, 2019 11:35 am by serene

» Thread for News on Local and Foreign Politics
Sat Jan 12, 2019 8:26 am by ruwan326

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Thu Jan 10, 2019 8:45 pm by PANTOMATH

» කෝටි 4620 ක බැඳුම්කර නීතියට පිටින් ශ‍්‍රී ලංකන්ට දීලා
Mon Jan 07, 2019 6:18 pm by Ethical Trader

» JINS.N0000 ( Janashakthi Insurance PLC)
Sun Jan 06, 2019 1:12 pm by smallville

» Dividend Announcement
Sun Jan 06, 2019 4:28 am by serene

» Thread for News on International Markets
Fri Jan 04, 2019 9:40 am by The Invisible

» LDEV - Lankem Developments
Tue Jan 01, 2019 8:14 pm by ruwan326

» අවුරුද්ද අප කයි - අපි අවුරද්ද කමු (ජනවාරි පළමුවැනිදා)
Tue Jan 01, 2019 6:23 pm by malanp

» සැන්ඩි එපා!
Tue Jan 01, 2019 6:01 pm by serene

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Tue Jan 01, 2019 5:08 pm by PANTOMATH

» SHL.N0000 (Softlogic Holdings PLC)
Mon Dec 31, 2018 6:04 pm by EBHRAHIMCANADA

»  වසරක කාලය තුළ ඉන්දියාවේ ඉහළම ආදායම් ලාභීන්
Mon Dec 31, 2018 2:47 am by nihal123

» අයදුමේ දී ඡායාරූප ‘ඇලවීම‘ අවශ්‍ය නැති ජාතික හැඳුනුම්පත ජනවාරි 01 සිට දිවයිනටම
Sun Dec 30, 2018 9:37 pm by lanka

» මැදපෙරදිගට පමණක්‘ පාස්පෝට් මින් ඉදිරියට නැහැ
Thu Dec 27, 2018 5:18 pm by Ethical Trader

» BFN - Orient Finance
Wed Dec 26, 2018 6:53 pm by serene

» Wishing Everyone a Happy Christmas !
Wed Dec 26, 2018 7:27 am by spw19721

» Happy Birthday
Tue Dec 25, 2018 11:13 am by sashimaal

» Trading Journal
Sat Dec 22, 2018 11:11 am by PANTOMATH

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Fri Dec 21, 2018 9:41 am by The Invisible

» In the Meantime, Within Our Shores !
Thu Dec 20, 2018 9:44 am by කිත්සිරි ද සිල්වා

» AAIC.N0000
Thu Dec 20, 2018 7:44 am by serene

» Buy International English Language Testing System (IELTS) in jordan((WhatsApp:+237675967490))
Mon Dec 17, 2018 10:55 am by nihal123

» AINS - Arpico Insurance
Thu Dec 13, 2018 10:43 am by The Invisible

» CFVF - First Capital
Thu Dec 13, 2018 5:18 am by Ethical Trader

» Obituary Notice.
Wed Dec 12, 2018 11:18 am by sashimaal

» බඩගිනී
Tue Dec 11, 2018 9:20 am by Ethical Trader

»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
Fri Dec 07, 2018 7:35 am by The Invisible

» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Mon Dec 03, 2018 10:03 am by The Invisible

» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
Thu Nov 29, 2018 11:34 am by nihal123

» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 29, 2018 10:32 am by The Invisible

» Orient Finance PLC--(Share_Valuation_Report)
Thu Nov 29, 2018 7:17 am by yellow knife

» කිඹුලා
Mon Nov 26, 2018 7:20 am by Lalinda

» Sandos' Vs Creators'
Sun Nov 25, 2018 1:17 pm by කිත්සිරි ද සිල්වා

January 2019
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Liberalizing Lubricant Market.

Go down

Liberalizing Lubricant Market.

Post by yellow knife on Fri Aug 26, 2016 9:24 am

At the very beginning the government announced its intention to give away more licenses to open up the already opened lubricant market.

Once completing a power change, the new Finance Ministers often print few new notes to make his signature available on each hand. When a new OIC gets a new territory he first raid all illegal joints to get familiar with the king-pings and to ensure that previous route of donations ( in some countries they call it bribe) is ceased and new route end to his pocket.

In the same manner when a new Government comes to reign they issue licenses to bars, trade stall, wine shops, massage parlours, etc at village level. At national level we have seen issues like prohibiting liquor, tobacco, casino is initially discussed and even stop on going massive development projects with the same ultra motive.

Current slow moving government has approved the bill to liberalize lubricant market where they believe its not liberalized yet.

yellow knife
Top contributor
Top contributor

Posts : 6133
Join date : 2014-03-27

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by Yin-Yang on Fri Aug 26, 2016 10:27 am

We see very similar behavior in the animal world also (I mean other animals than human).

Some animals, when squired a new region, mark the area by urinating all over the place or excreting.

Some animals, when becoming the leader of the herd, want to make sure all females are fertilized by him.


The physical action we may observe will vary based on the context or the environmental conditions; but the internal mental feelings sought after, I am sure, should be very similar in these situations.

We are civilized only externally; inside will never evolve.
avatar
Yin-Yang

Posts : 1174
Join date : 2016-03-12

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by Backstage on Fri Aug 26, 2016 1:29 pm

Point well illustrated.

But YY "never" is a tricky word. As the enlightened one said " This too will change " . No time frame though. Smile
avatar
Backstage
Top contributor
Top contributor

Posts : 3312
Join date : 2014-02-24

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by yellow knife on Fri Aug 26, 2016 1:42 pm

I f we compare the market size and number of players in two countries, this is the visualization.

Now why we need more licenses to be issued for this small market ?

[You must be registered and logged in to see this image.]


No of  Players in India is 27 which is roughly two times of Sri Lanka...So in this situation  Should Sri Lanka issue more licenses ?


Last edited by yellow knife on Fri Aug 26, 2016 1:53 pm; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 6133
Join date : 2014-03-27

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by Yin-Yang on Fri Aug 26, 2016 1:51 pm

Backstage wrote:Point well illustrated.

But YY "never" is a tricky word. As the enlightened one said " This too will change " . No time frame though. Smile

OK mate.
We can replace it by 'for an unimaginable time'.

++++

Like to raise two points.

First point:
How many 'enlightened ones' have come to existence in the past? They say unimaginable numbers during unimaginable period of eons. So, at the end, what is the net change made on the existing average; nothing much?

Second point:
If the internal of human is civilized, they will become enlightened and ceased to exist. So there will nothing remain to evolve further.

avatar
Yin-Yang

Posts : 1174
Join date : 2016-03-12

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by yellow knife on Fri Aug 26, 2016 2:57 pm

LIOC MD Shyam Bora said

" The previous government also thought that there would be need for more players , but after taking consideration the pros and cons, they decided against it"

[You must be registered and logged in to see this image.]


So even the previous regime has studied this and given up.. One very good thing with democracy is once in five years we are re inventing the wheel and never make the vehicle...

yellow knife
Top contributor
Top contributor

Posts : 6133
Join date : 2014-03-27

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by yellow knife on Fri Aug 26, 2016 3:32 pm

International reports this month said that Chevron Corp is contemplating the selling of US $ 5 Billion in assets in Asia to raise cash and cut costs amid declining oil prices.

Kush Gomez the MD of Chevron Lanka is confident of healthy growth despite these developments.

" Already one player exit couple of years ago as market is too competitive. If competitive declines more will exit.."

Sri Lanka has already has the world's 5 largest petroleum giants BP , Total, Shell, Chevron and Exxonmobil as well as regional leaders like IOC, Petro China and Bharat Petroleum.

However only CPC , LIOC and Chevron blend lubricants in Sri Lanka.

Both LIOC and Chevron export locally produced lubricants to other nations like Bangladesh, Maldives and other countries. Laugh also does few exports.

What the country now needs is foreign exchange earners and not spenders. Instead of encouraging those who blend locally and export, the government is trying to give license to direct imports just for reasons difficult to understand or too simple to understand.

yellow knife
Top contributor
Top contributor

Posts : 6133
Join date : 2014-03-27

Back to top Go down

Re: Liberalizing Lubricant Market.

Post by Backstage on Mon Aug 29, 2016 9:39 pm

Yin-Yang wrote:
Backstage wrote:Point well illustrated.

But YY "never" is a tricky word. As the enlightened one said " This too will change " .  No time frame though. Smile

OK mate.
We can replace it by 'for an unimaginable time'.

++++

Like to raise two points.

First point:
How many 'enlightened ones' have come to existence in the past? They say unimaginable numbers during unimaginable period of eons. So, at the end, what is the net change made on the existing average; nothing much?

Second point:
If the internal of human is civilized, they will become enlightened and ceased to exist. So there will nothing remain to evolve further.


Ahh some lubricant for the mind. Idea

First point : When an enlightended one exists in this realm, the average goes up.

Second point : Cease to exist within our limited perception. cyclops

avatar
Backstage
Top contributor
Top contributor

Posts : 3312
Join date : 2014-02-24

Back to top Go down

Back to top


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