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

Latest topics

» S&P upgrades DFCC Bank’s rating outlook from Negative to Stable
by TraderCSE Today at 9:23 am

» CFVF will HIT. 40 BY Next. Thursday
by Yahapalanaya Yesterday at 10:50 pm

» Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
by Miss-Sangeetha Yesterday at 8:39 pm

» Tea prices up and up.Plantation shares down and down!
by fortuneteller Yesterday at 3:04 pm

» best stocks to buy now
by Ryan Hudson Wed Dec 13, 2017 9:23 pm

» Current situation of the Adam group of companies
by anges Wed Dec 13, 2017 5:36 pm

» Avoid investing in Abans Group company shares
by fortuneteller Wed Dec 13, 2017 9:11 am

» People's Leasing Company
by prasa2004 Tue Dec 12, 2017 6:51 pm

» SDB - AN IMPRESSIVE PERFORMANCE
by prasa2004 Tue Dec 12, 2017 5:43 pm

» Beware of banking stocks
by prasa2004 Tue Dec 12, 2017 5:40 pm

» CEYLON COLD STORES PLC(CCS.N0000)
by Agape Tue Dec 12, 2017 2:49 pm

» Lanka Cement
by sureshot Tue Dec 12, 2017 11:09 am

» Roshan Egodage's Money Grabbing
by Investor1994 Mon Dec 11, 2017 7:10 pm

» CIFL ANY NEWS
by Gambino7 Mon Dec 11, 2017 12:13 pm

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Sun Dec 10, 2017 6:43 pm

» BFN .. ORIENT FINANCE PLC
by Teller Fri Dec 08, 2017 10:52 pm

» Sri Lanka Exports up 12.9-pct in Sept
by Teller Fri Dec 08, 2017 10:38 am

» DECEMBER DISCOUNT
by Teller Fri Dec 08, 2017 10:30 am

» LLMP - New Strategic Marketing >>> Boooom
by Teller Fri Dec 08, 2017 10:27 am

» Why LLUB.N0000 going down ?
by Teller Fri Dec 08, 2017 10:20 am

» LDEV rights
by Teller Fri Dec 08, 2017 10:16 am

» SAMP Rights Issue
by niru Thu Dec 07, 2017 8:04 pm

» Risk of top 20
by Yahapalanaya Thu Dec 07, 2017 7:56 pm

» Whats happenning with SHL
by Suranga_77 Thu Dec 07, 2017 12:54 pm

» RENUKA CAPITAL PLC (KZOO.N0000)
by Nethu Tue Dec 05, 2017 10:41 am

HashFlare

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » LIOC run Just started

LIOC run Just started

View previous topic View next topic 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


Manager - Equity Analytics
Manager - Equity Analytics
LIOC will be a good counter... soon....

View previous topic View next topic Back to top  Message [Page 1 of 1]

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