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yellow knife wrote:Standard Oil of USA was identified as a threat for economy as it was a Monopoly. Monopolies, Duopolies are not tolerated by certain economists but investors prefer the same. LIOC performance is equal to many diversified conglomerates simply because its a duopoly.
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| 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
| Revenue | 79,901 | 81,793 | 75,111 | 60,436 | 51,743 | 50,214 | 47,617 | 44,173 | 32,796 |
| Gross profit | 4,733 | 8,312 | 5,839 | 2,954 | 1,526 | -371 | -449 | 3,652 | 929 |
Good explanation, but how about Chinaese role. They engaged in investing here purely for friendship ? Or Do you interpret that in a similar way as above, especially when the previous regime gave a portion of free hold land in the port city to the Chinese firm which lies infront of a new Colombo South port where chinese hold more than 80 % share holding. In that way, can we interprst it as 2010 voters giving consent for Chinese "Consented invasion" ? Curious to know your views as a person who reads a lot.yellow knife wrote:Doc Stock
I share the same feeling. But its natural when a country is expanding economically it need forced buyers. When England was producing excess it created colonies to forcibly buy their products.. So is Germany.. Followed by Japan..
Now after centuries its Indian turn.. They want to grow faster and now they cant official invade us but need our consent to do so.
Our nation gave the consent at the election.. so its happening..
DocStock wrote:Disclosure: I'm heavily weighed down by LIOC
I'm feeling conflicted here.
As a Sri Lankan I'm disappointed in the way they(Indians and LIOC) are pressurizing the Gov to give up a huge national asset(although unutilised for decades) for private sector enterprise. If only Gov had the money and more importantly the foresight and vision to develop this with the CPC, without looking at short term gains from side commissions and Indian assistance financially and politically.
On the other hand personally holding LIOC, this is something I am waiting for.
HAL9000 wrote:Good explanation, but how about Chinaese role. They engaged in investing here purely for friendship ? Or Do you interpret that in a similar way as above, especially when the previous regime gave a portion of free hold land in the port city to the Chinese firm which lies infront of a new Colombo South port where chinese hold more than 80 % share holding. In that way, can we interprst it as 2010 voters giving consent for Chinese "Consented invasion" ? Curious to know your views as a person who reads a lot.yellow knife wrote:Doc Stock
I share the same feeling. But its natural when a country is expanding economically it need forced buyers. When England was producing excess it created colonies to forcibly buy their products.. So is Germany.. Followed by Japan..
Now after centuries its Indian turn.. They want to grow faster and now they cant official invade us but need our consent to do so.
Our nation gave the consent at the election.. so its happening..
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