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

Display results as :
 


Rechercher Advanced Search

Latest topics
» CSE HOLIDAY LIST 2018
Fri Sep 22, 2017 5:20 pm by Rana

» Dividend Announcement
Fri Sep 22, 2017 5:19 pm by Rana

» SPEN.N0000
Fri Sep 22, 2017 3:01 pm by LSE

» Laughter the Best Medicine
Fri Sep 22, 2017 2:51 pm by Ethical Trader

» ට්‍රම්ප් "මොළය අවුල් වූ මැරයෙක්" - කිම් ජොන්ග් අන්
Fri Sep 22, 2017 2:37 pm by Ethical Trader

» No one must die of cancer
Thu Sep 21, 2017 11:14 pm by කිත්සිරි ද සිල්වා

» ට්‍රම්ප්ගේ දේශනය "සුනඛයෙකුගේ බිරීමක්"
Thu Sep 21, 2017 6:05 pm by Ethical Trader

» ලංකා බැංකුව, මහජන බැංකුව සහ ශ්‍රී ලංකා ඉන්ෂුවරන්ස් කොටස් වෙළෙඳපොළට
Thu Sep 21, 2017 6:01 pm by Ethical Trader

» ලංකා සිමෙන්ති කොටස් ගනුදෙනුවල අසාමාන්‍ය හැසිරීමක් – සභාපති කරුණු පහදයි
Wed Sep 20, 2017 8:06 pm by nihal123

» උතුරු කොරියාව විනාශ කරනවා - ජනාධිපති ඩොනල්ඩ් ට්‍රම්ප්
Wed Sep 20, 2017 12:33 pm by Ethical Trader

» LIOC.N0000 (Lanka IOC PLC)
Wed Sep 20, 2017 10:23 am by LSE

» In the Meantime, Within Our Shores !
Wed Sep 20, 2017 8:41 am by කිත්සිරි ද සිල්වා

» Nanodegrees
Tue Sep 19, 2017 11:40 pm by Backstage

» Picture of the day - for diss-cuss-ion and deb-ate.
Tue Sep 19, 2017 10:51 pm by Backstage

» පර්පෙචුවල් පලිසේනට බෝනස් කෝටි 10 ක්
Tue Sep 19, 2017 6:41 am by CK

» Be prepared for dry weather: Experts
Mon Sep 18, 2017 10:27 pm by nihal123

» නමක් පමණක් ඇති සමාගමකට ඩොලර් මිලියන 600 ක් රැස්කර ගත් චමත් පලිහපිටිය
Mon Sep 18, 2017 3:38 pm by nihal123

» කොටස් මිල ඉහල යාම ගැන ලංකෙම් ඩිවලොප්මන්ට්ස් වෙතින් කරුණු විමසයි
Mon Sep 18, 2017 3:35 pm by nihal123

» ධම්මික රුපියල් බිලියන 12.5කට සිංගර් ශ්‍රී ලංකා මිලට ගැනීමට තීන්දු කරයි
Sun Sep 17, 2017 2:05 pm by Danidu

» උතුරු කොරියාව ජපානයට ඉහලින් තවත් මිසයිලයක් විදියි
Fri Sep 15, 2017 5:46 pm by Ethical Trader

» උතුරු කොරියාවෙන් ඇමෙරිකාවට බිහිසුණු තර්ජනයක්
Thu Sep 14, 2017 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළට ප්‍රාග්ධන බදු නැහැ – නව බදු අයකිරීම් 2018 අප්‍රේල් 01 සිට ක්‍රියාත්මකයි
Thu Sep 14, 2017 11:42 am by Ethical Trader

» සන්නිවේදන සමාගමක් මූල්‍ය සමාගමක බලය අල්ලයි
Tue Sep 12, 2017 8:57 pm by nihal123

» උතුරු කොරියාව සම්බන්ධයෙන් රුසියාවේ පිළිවෙත කුමක්ද?
Tue Sep 12, 2017 5:50 pm by Ethical Trader

» ශ්‍රී ලංකාව උතුරු කොරියාවට එරෙහි සම්බාධක 'උල්ලංඝනය කරලා'
Mon Sep 11, 2017 6:55 pm by Yin-Yang

» වෙළෙඳ දැන්වීමක මස් බුදින ගනේෂ දෙවියන්, බුදු හිමියන් සහ යේසුස් වහන්සේ
Mon Sep 11, 2017 5:48 pm by Ethical Trader

» 'සයිබර් බුලින්' විඳ එයට එරෙහි වී සම්මාන ලබන ශ්‍රී ලාංකික තරුණිය
Mon Sep 11, 2017 11:57 am by Ethical Trader

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sun Sep 10, 2017 8:02 am by spw19721

» APLA.N0000 (ACL PLASTICS PLC)
Sun Sep 10, 2017 7:56 am by spw19721

» සිල් රෙදි නඩුව: හිටපු ජනපති ලේකම්, TRCSL සභාපති සිරගෙට
Fri Sep 08, 2017 12:35 pm by Ethical Trader

» PAYE බදු නිදහස් සීමාව ඉහළට
Fri Sep 08, 2017 10:24 am by nihal123

» V 2025 - A Country enriched
Thu Sep 07, 2017 1:53 pm by Danidu

» අනුෂ පැල්පිට - ලලිත් වීරතුංගට වසර තුනක සිරදඬුවම්
Thu Sep 07, 2017 1:22 pm by nihal123

» පොහොසත් රටේ කොටස් වෙළෙඳපොළට 2025 දී වෙන දේ
Thu Sep 07, 2017 10:57 am by Ethical Trader

» ‘දැන් ඉතිං වළක් කපන් වැළලෙන්න තියෙන්නේ‘ - බුකියේ ගිය රස කතා
Thu Sep 07, 2017 10:49 am by nihal123

» ශ්‍රී ලංකාව යළිත් පරාදයි
Thu Sep 07, 2017 10:38 am by Ethical Trader

» ශ්‍රී ලංකා ක්‍රිකට් වලට මොකද වුනේ? - සනත් කතා කරයි
Thu Sep 07, 2017 10:31 am by Ethical Trader

» බැඳුම්කර කොමිසම ඉදිරියේ හෙළි වූ කරුණු මොනවාද?
Thu Sep 07, 2017 10:22 am by Ethical Trader

» සිංගප්පූරුවේ Ube, ටෝක්යෝ සිමෙන්ති හිමිකම අඩකින් අඩුකරයි
Wed Sep 06, 2017 1:31 pm by nihal123

» Donkey Sex
Wed Sep 06, 2017 10:54 am by Backstage

» එළුවන් නළුවන් වෙලා
Wed Sep 06, 2017 10:16 am by Backstage

» "තේරුණේ දැන් තමයි"
Tue Sep 05, 2017 1:58 pm by jiggysaurus

» Whatever happened to the monastic Sangha?
Tue Sep 05, 2017 1:56 pm by jiggysaurus

» මෙරට විශ්වවිද්‍යාලවල 70%ක්‌ කාන්තාවෝ
Tue Sep 05, 2017 1:55 pm by jiggysaurus

» stock market’s downward trend
Mon Sep 04, 2017 9:47 pm by jiggysaurus

» ඔබේ මන්ත්‍රීවරයා පාර්ලිමේන්තු යනවාද?
Mon Sep 04, 2017 9:43 pm by jiggysaurus

» සෝයා ගනුදෙනුවෙන් කොළඹ කොටස් පිරිවැටුම ඉහළට
Mon Sep 04, 2017 4:19 pm by nihal123

» "හොඳම තෑග්ග ජනතාවගේ සතුට" - හොඳම තරුණ විද්‍යාඥයා වූ ශ්‍රී ලාංකිකයා
Sun Sep 03, 2017 9:50 pm by Backstage

» Sri Lanka govt securities demonstrate positive investor sentiments:
Sun Sep 03, 2017 9:43 pm by Backstage

» Asha Phillip Technical Analysis Report - September 2017
Sun Sep 03, 2017 9:41 pm by Backstage

September 2017
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

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

LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Page 4 of 5 Previous  1, 2, 3, 4, 5  Next

View previous topic View next topic Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by nihal123 on Thu Jul 20, 2017 12:06 am

Thanks Kith and Rana
avatar
nihal123
Top contributor
Top contributor

Posts : 4094
Join date : 2014-02-24
Age : 51
Location : Waga

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Sun Jul 23, 2017 10:31 am

Good discussion. Thanks guys.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Mon Jul 24, 2017 2:50 pm

Thought of analyzing LLUB as diverse opinions are expressed over its current price drop. Following is the ATrad technical chart as of today;

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

All technical indicators such as MA (very much above the price line), PSAR (positioned above the price line), BB (widening along with the price decline), MA Cross(above the price line), MACD (widening visibly for some time now) and RSI (over sold region @ 13) are negative for some time now. Heavy selling was witnessed last few days but some buying is witnessed today.

Fundamentally, PER @11.60x(EPS Rs:14.51), DY 12.06%(Dividend Rs:18.00), ROE 78.21(Very good), PBV 9.21x(Net Asset Value Per Share Rs: 16.20) and Cash Per Share Rs:0.49(Too low?).

However, Sector PER is 8.3x, PBV is 1.5x & DY is 4.6%. Accordingly, Sector PER & PBV wise current price is over valued but Sector DY wise its a very much sought after share today.

Both Technically and Fundamentally, current price drop will continue. Those who love this share may watch cautiously.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by CK on Mon Jul 31, 2017 2:42 pm

Today closed at 146.50 and can see a high selling pressure. Better to wait till the selling pressure gradually decreases.
avatar
CK
Active Member
Active Member

Posts : 970
Join date : 2015-11-01

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by The Invisible on Mon Jul 31, 2017 3:43 pm

The decline in profitability of the last quarter seems not fully reflects on the share price. I think 140/- could act as a support level.

The Invisible

Posts : 152
Join date : 2016-11-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by yellow knife on Tue Aug 01, 2017 7:28 am

Thanks ET

Yes it seems LIOC is slowly eating up the Lubricant share from LLUB. Its a very small negligible portion yet cannot be neglected. LLUB will soon develop a strategy to catch up ...

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

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

yellow knife
Top contributor
Top contributor

Posts : 5554
Join date : 2014-03-27

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by yellow knife on Tue Aug 01, 2017 7:44 am

Sri Lanka’s lubricants market is led by Chevron Lubricants Lanka PLC, the local unit of the US-based multinational, which had a market share of 45.29 percent by 2016, against 47.58 percent in 2015 and 49.3 percent in 2014.

Chevron had lost Market Share .

But Chevron Lanka has been losing its market share during the last few years as the next biggest player, Lanka Indian Oil Corporation PLC (LIOC) and a couple of other new entrants were seen gaining ground.   
LIOC increased its market share to 16.4 percent in 2016 from 14.9 percent a year earlier but Ceylon Petroleum Corporation, the third largest player, lost the market share from 9.2 percent to 8.4 percent.

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

yellow knife
Top contributor
Top contributor

Posts : 5554
Join date : 2014-03-27

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by කිත්සිරි ද සිල්වා on Tue Aug 01, 2017 8:36 am

Wiser to hold both in different proportions according to the situation prevailing.
( 80% to 20 % looks good enough right now).
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6719
Join date : 2014-02-23
Age : 59
Location : රජ්ගම

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by malanp on Tue Aug 01, 2017 10:45 am

People who sold at 158 levels are the winners.

malanp

Posts : 331
Join date : 2014-03-04

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Tue Aug 01, 2017 2:24 pm

Unable to understand as to why Mal got negative reps.
malanp wrote:People who sold at 158 levels are the winners.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by CK on Tue Aug 01, 2017 2:26 pm

CK wrote:With the selling pressure, 140 even possible. As danidu said, we should wait till the direction is clear or bottoming out.
Done. Big transaction at 136
avatar
CK
Active Member
Active Member

Posts : 970
Join date : 2015-11-01

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Tue Aug 01, 2017 2:27 pm

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

Price drop accelerated after announcement of Chairman's retirement.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Danidu on Tue Aug 01, 2017 2:34 pm

Ohhh....it came to 136 suddenly. Rolling Eyes

CK wrote:
CK wrote:With the selling pressure, 140 even possible. As danidu said, we should wait till the direction is clear or bottoming out.
Done. Big transaction at 136

Danidu

Posts : 225
Join date : 2015-09-03
Age : 36
Location : Welisara

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by malanp on Tue Aug 01, 2017 11:00 pm

LLUB and LIOC, no future, only frustration.

malanp

Posts : 331
Join date : 2014-03-04

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by yellow knife on Wed Aug 02, 2017 7:13 am

malanp wrote:LLUB and LIOC, no future, only frustration.


There was a time ( not long ago ) retail investors said its better to go to hospital than buying Plantation shares...

Evaluate the cycles... Buying at Nadir is better than buying at Zenith... Yet its always better not to catch falling knives...

Bottom Fishing is different from Catching Falling Knives...

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


In the shade of skyscrapers
Live the children of crisis
Their minds are absorptive
Fed with empty promises
Catch the falling knife
In captivity the animals rarely thrive
Wealth whets appetite
For victory in this unequal fight
Who's gonna cease this nightmare
Only the strongest will survive
They put their hands in the air
To catch the falling knife

yellow knife
Top contributor
Top contributor

Posts : 5554
Join date : 2014-03-27

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by spw19721 on Wed Aug 02, 2017 7:22 am

Well said YK..

spw19721
Active Member
Active Member

Posts : 351
Join date : 2015-08-22

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by CK on Wed Aug 02, 2017 12:51 pm

As long as machines used by humans, the demand for lubrication and fuel are there.
But when electric vehicles dominates, they won't need engine oils or fuel. But gear oil, differential oil, grease,etc are needed.
For charging these vehicles, need electricity.  So again for generating electricity, diesel will be needed.
avatar
CK
Active Member
Active Member

Posts : 970
Join date : 2015-11-01

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Wed Aug 02, 2017 2:44 pm

As far as fundamentals are concerned, the fair value @ present is around Rs:120.00 but it will not fall that much because of Good dividend payments history.

Actually those who bought @ Rs: 180s should not be worry (true the value has gone down but) as their DY is over 10%. They can now average down easily. This is a good share to have long term.

Short term guys will have some issues if they don't have holding power.

CK wrote:
CK wrote:With the selling pressure, 140 even possible. As danidu said, we should wait till the direction is clear or bottoming out.
Done. Big transaction at 136
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by කිත්සිරි ද සිල්වා on Wed Aug 02, 2017 3:10 pm

Hitherto, it is a Good one to hold, not a Hot Potato to drop just like that.
(Hold fair amount of this counter). Very Happy
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6719
Join date : 2014-02-23
Age : 59
Location : රජ්ගම

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by CK on Wed Aug 02, 2017 3:14 pm

Ethical Trader wrote:As far as fundamentals are concerned, the fair value @ present is around Rs:120.00 but it will not fall that much because of Good dividend payments history.

Actually those who bought @ Rs: 180s should not be worry (true the value has gone down but) as their DY is over 10%. They can now average down easily. This is a good share to have long term.

Short term guys will have some issues if they don't have holding power.

CK wrote:
CK wrote:With the selling pressure, 140 even possible. As danidu said, we should wait till the direction is clear or bottoming out.
Done. Big transaction at 136
Agree. Long term counter with good dividend yield. But due to this fall , also there may be some trading opportunities.
avatar
CK
Active Member
Active Member

Posts : 970
Join date : 2015-11-01

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Danidu on Wed Aug 09, 2017 11:25 am

scratch scratch scratch

Danidu

Posts : 225
Join date : 2015-09-03
Age : 36
Location : Welisara

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Wed Aug 09, 2017 12:00 pm

Below is today's LLUB chart as @ 11.50 am. All indicators are negative. RSI @ over sold region but not sure whether the price would bounce back due to foreign selling.  

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

Below is the LLUB order book @ the same time. The order book had over 200,000 bids five minutes before I copied this, but it dropped to  155217 bids and now there are less buyers than sellers. Yesterday foreigners sold their holdings than buying.
[You must be registered and logged in to see this image.][You must be registered and logged in to see this image.]" />


Last edited by Ethical Trader on Wed Aug 09, 2017 12:05 pm; edited 1 time in total
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by CK on Wed Aug 09, 2017 12:04 pm

CK wrote:
කිත්සිරි ද සිල්වා wrote:Won't it be too late then ?  Very Happy
AjithR wrote:Good share with regular dividends, would like to add some more to PF  once stabilized the price.
Foreigners are selling aggressively. So my view is to wait if someone want to average down. You have enough time to collect this.
now 128. still the call is wait.. Shocked
avatar
CK
Active Member
Active Member

Posts : 970
Join date : 2015-11-01

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by Ethical Trader on Wed Aug 09, 2017 12:16 pm

Below is the LLUB Trade summary as @ 12.14. Most number of trades were @ Rs: 128.00. Now its DY is very attractive- over 14%!

[You must be registered and logged in to see this image.][You must be registered and logged in to see this image.]" />
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2656
Join date : 2014-02-28

Back to top Go down

Re: LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)

Post by The Invisible on Wed Aug 09, 2017 12:54 pm

DY is based on latest dividend announcement?

Is it realistic for the future?

If we buy today then our DY will be dividends declared within one year from now divided by the cost to us now so that still we can enjoy the same DY?

If the Q3 and Q4 of LLUB result is the same then can you and me expect the same dividends compared to the last year?

The answer is not.

The Invisible

Posts : 152
Join date : 2016-11-28

Back to top Go down

Page 4 of 5 Previous  1, 2, 3, 4, 5  Next

View previous topic View next topic Back to top


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