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Sri Lanka Equity Forum » Stock Market Charts & Graphs » Electricity down by 25% bad for power companies

Electricity down by 25% bad for power companies

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dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The reduction in electricity charges by 25% would result in dip in revenues for the power companies.

This will not happen immediately since there may be an agreement between the CEB and the power generating companies but this will happen soon.

CEB won't pay a premium price for electricity for too long if they can not recover from customers.

We may see price drops in VPEL, VLL, PAP and other power generating companies.

lasantha11111


Manager - Equity Analytics
Manager - Equity Analytics
LIOC labath adu wei nedaaaaa

Sarabulathwita

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Their cost will also reduced. reduction in revrenue set off. Am I correct ????

NZ BOY

avatar
Moderator
it s not a big impact for LIOC  world oil price down and people thing UBS deal@15.30 and comedown further poor retailers sold their quantity @21-20 .but now UBC tarding @23.50 UBC will be 4 th largest bank .This will be a future GEM surely

Sarabulathwita

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Vice President - Equity Analytics
Vice President - Equity Analytics

rangananwr

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Manager - Equity Analytics
Manager - Equity Analytics
LIOC will come down little bit more my level 42..

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
this price reduction is not sustainable. very soon ceb and petroleumm corp will run in to grave trouble. that mean all of us will be in more trouble. though we rejoicing about price  reduction I think it is not sustainable .very soon after the elections it may be reversed.

already both institutions are running at big losses.

is this an  election bribe?

we need good governance.

Sarabulathwita

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@lasantha11111 wrote:LIOC labath adu wei nedaaaaa

badu banis macho, but it will recover

Sarabulathwita

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@schemer wrote:this price reduction is not sustainable. very soon ceb and petroleumm corp will run in to grave trouble. that mean all of us will be in  more trouble. though we rejoicing about price  reduction I think it is not sustainable .very soon after the elections it may be reversed.

already both institutions are running at big losses.

is this an  election bribe?

we need good governance.

menna kollo, top kollo

Fantasic analysis. That is perfectly correct. Ape moda minissu owata rawatenawane appa

Eng Krishantha

avatar
Expert
Expert
@Sarabulathwita wrote:
@lasantha11111 wrote:LIOC labath adu wei nedaaaaa

badu banis macho, but it will recover

Don't be worry.. be happy... it will be okkkkk...
cheers cheers cheers

market maxx


Equity Analytic
Equity Analytic
i think some times it may be further down bcoz there is a smell of presidential election in January next year.
but i cant understand why PAP or VPEL make losses on that decisions. cost of unit from coal plant is much higher than hydro power. also they have agreements with CEB and it will not change due to reduction of electricity bill. am i right?

Octopus

avatar
Expert
Expert
@Sarabulathwita wrote:
@schemer wrote:this price reduction is not sustainable. very soon ceb and petroleumm corp will run in to grave trouble. that mean all of us will be in  more trouble. though we rejoicing about price  reduction I think it is not sustainable .very soon after the elections it may be reversed.

already both institutions are running at big losses.

is this an  election bribe?

we need good governance.

menna kollo, top kollo

Fantasic analysis. That is perfectly correct. Ape moda minissu owata rawatenawane appa


sarabulathwita, Mahinda is the best.

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