LIOC.N0000 (Lanka IOC PLC)
- yellow knifeTop contributor
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LIOC.N0000 (Lanka IOC PLC)
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- slstockVeteran
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Re: LIOC.N0000 (Lanka IOC PLC)
2) On Axis, is it random shares you picked or has ir some relation with LIOC
just curios ( as I saw plantations also there)
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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- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
I also find it difficult to add my chart with too many info to get fit into the presentation...
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
1. Power of Energy sector
2. Power of duopoly
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
There were years company recorded 3 Billion gross profit and next loss. Continuous profit is hard to record as state controlled oil price.
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- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
- yellow knifeTop contributor
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- yellow knifeTop contributor
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- yellow knifeTop contributor
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- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
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- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
p. 21 of LIOC annual report 2015
" Between December and end March 2015 the company sustained a revenue loss of LKR 60 per every liter of petrol sold."
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
Meanwhile, with no road development activities by the government during the latter part of the financial year , the demand for Bitumen was severely impacted, causing overall volumes from this segment to contract by 44%.
However above mentioned two factors will not impact negatively for next year and bunkering business will be adding more revenue ..
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
Exporting premium lubricants to Malaysia and Indonesia is in the process by selecting limited number of distributors.
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
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 |
- pathfinderTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
Source: Lanka C News..30th Sept 2015
ලංකාවේ මුළු තෙල් ඉල්ලූම ඉක්වමන පිරිපහදුවක් ඉදි කරන්න IOC සූදානම්.. අගමැති රනිල් හා සාකච්චා කලා..
September 30, 2015 at 10:40 am | lanka C news
[You must be registered and logged in to see this image.]ශ්රී ලංකාවේ වාර්ෂික පෙට්රොලියම් ඉල්ලූම ඉක්මවා යන තෙල් පිරිහදුවක් ඉන්දියානු රජය විසින් පාලනය කරනු ලබන ඉන්දියානු ඛනිජ තෙල් සංස්ථාව විසින් ශ්රී ලංකාව තුළ පිහිටුවීමට සුදානම් වන බව ඉන්දීය මාධ්ය වාර්තා කරයි.
මෙමගින් වසරකට ඛනිජ තෙල් ටොන් මිලියන 6ක් පිරිපහදු කිරීමට හැකිවනු ඇත.
මේ වන විට ශ්රී ලංකාව තුළ වසරකට ඛනිජ තෙල් ටොන් මිලියන 2.5ක ප්රමාණයේ පිරිපහදුවක් ඇති නමුත් පෙට්රෝලියම් නිපැයුම් සඳහා ඇති ඉල්ලූම එය මෙන් දෙගුණයකි.
මෙම ව්යපෘතියට අදාළ යෝජනාව ඉන්දීය ඛනිජ තෙල් අමාත්ය ධර්මේන්ද්ර ප්රධාන් සහ ලංකා අග්රාමාත්ය රනිල් වික්රමසිංහ අතර සාකච්ඡ කෙරී ඇතැයි පැවසේ.
IOC විසින් ලංකාවේ පිරිපහදුවක් ඉදිකිරීම පිළිබඳව යෝජනාව කලකට පෙර ගෙන ආ තිබුණද නව රජය සමග ආර්ථික සබඳතා තර කරගැනීමට නවදිල්ලියේ කැමැත්ත පළ වීම සමග එය ක්රියාත්මක තලයට පැමිණ තිබේ.
ලංකා IOC යන සමාගම් නාමයෙන් මේ වන විටත් ඉන්දියානු ඛනිජ තෙල් සංස්ථාව ලංකාව තුළ ඉන්ධන පිරවුම්හල් 179ක් ක්රියාත්මක කරයි.
රේගු බදු ඉහළ දැමීම හා සිල්ලර අලෙවි මිල අඩු කිරීම මගින් ලංකා IOC සමාගමේ ආදායම් වලට බරපතල හානි සිදුවී ඇති බවද ඇමති ප්රධාන් ලංකා අගමැති රනිල් වෙත පවසා තිබේ.
යෝජිත පිරිපහදුව ඉදිකළහොත් එය විදෙස් රටක එවැනි පළමු ෂධක් ව්යාපෘතිය වනු ඇත.
මේ සඳහා ත්රිකුණාමලය ඉහළ චීන වරාය ප්රදේශය පිළිබඳව වික්රමසිංහ හා ප්රධාන් දෙදෙනා සිය හමුව තුළදී අවධානය යොමුකර ඇති අතර මේ සඳහා වෙත අක්කර 800ක පමණ ප්රදේශයක් අවශ්ය වනු ඇතැයි පැවසේ
- DocStockTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
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.
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
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..
- HAL9000Top contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
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..
- malanp
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Re: LIOC.N0000 (Lanka IOC PLC)
Keep away from India,, better for Sri Lanka..
- WasteofTime
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Re: LIOC.N0000 (Lanka IOC PLC)
- slstockVeteran
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Re: LIOC.N0000 (Lanka IOC PLC)
Positively their bunkering business is buffering the fuel losses. That how they came out flat last quarter. They are looking at going to Malaysia also to expand ( maybe to add more safety .
But malaysia is highly competitve).
One would think that low oil prices benefit them. But one needs to look deeper.
It can or may not. It all depends on the nature of their Oil contract, durations and prices.
What I am saying is just because Oil is cheaper , it maybe not necessarily translate to big profit.
But bringing a fuel formula can help them to be better shock absorbed.
Before , myself and a few were warning heavily on LIOC from Rs 60 to be careful.
Then it crashed to Rs 30 quick.
Now bounced and stabilizing around Rs 40.
So I remove , the total negative outlook I had on LIOC and rather update to neutral look
September results can say a lot how they managed the oil fluctuations. If they can earn eps of Rs 1.5- 2 then one can revisit to analyze LIOC future more.
We should not be too enthusiastic or over negative right now.
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.
- Defender
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Re: LIOC.N0000 (Lanka IOC PLC)
Positive side: Turn arround the ceypetco company
Negative side; Will be giving into indian.
just concerned citizen
- yellow knifeTop contributor
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Re: LIOC.N0000 (Lanka IOC PLC)
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..
India and China were the great economics for many years..Its only during last few centuries Europe and America robbed lime light.
Chinese were the biggest diaspora everywhere since known days.
Chinese once captured a Sri Lankan king. In historical Sinhala books it says Jeevgrahayen Ragena Giya or taken alive. But they never took the control of Sri Lanka nor did they appointed a puppet of their own.
If you read David Graebers " Debt" it says China won hearts of small nations emperors with a rain of gifts..
Now China is industrialized .. they dont capture us.. They need big markets.. That is why they sell to US. US is the biggest buyer and China is the biggest seller. China do not invade the big buyer to forcibly sell .. but the big buyer is not interested in Indian products.