How is now?? Do you thing its bottom ?? Is it good to enter in this heated market on lioc which is not heated much..
Thanks ruwan for the very important chart
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Same interest on LGL too,may be a favorable policy decision on the card.The Invisible wrote:Massive interest in this counter today. Anyone has the idea for the sudden reason. I have no clue.
xmart wrote:bottom out at 16.2 and forming a base 16.50-18.00 with good volume. given bearish world crude oil prices and certain protection from price formula, I would see this one reaching 24 for next major resistance.
for the downside, the breaking of 16.20 is highly unlikely for the current scenario. the more the consolidation is, stronger the price action. but this is highly political prone share and reduction of fuel price may signal the reduction of operating cost as an increase of profit margin since we are not reducing prices at the same pace that it's being increased.
LSE wrote:Get ready for the next run...
LSE wrote:The company’s Bunker revenue grew by 15% to LKR 20.86 billion (2017/18: LKR 18 billion) supported by continued investment in strengthening the bunkering infrastructure at the Trincomalee Port.
Trincomalee is the only port in Sri Lanka offering Ultra Low Sulphur MGO for niche customers.
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LSE wrote:Time to BUY...
The Alchemist wrote:LSE wrote:Time to BUY...
are you basing your recommendation based on Pivot Points, Fundamentals or based on external events and implications for their business ? which one ? or feel good luck by chance cheap price
LSE wrote:It is purely based on technically...The Alchemist wrote:LSE wrote:Time to BUY...
are you basing your recommendation based on Pivot Points, Fundamentals or based on external events and implications for their business ? which one ? or feel good luck by chance cheap price
The Alchemist wrote:LSE wrote:It is purely based on technically...The Alchemist wrote:LSE wrote:Time to BUY...
are you basing your recommendation based on Pivot Points, Fundamentals or based on external events and implications for their business ? which one ? or feel good luck by chance cheap price
sometimes however attractive it is based on technicals, you cannot ignore the elephant in the room ie oils prices, geopolitics of potential war, local scenario based on elections etc etc
sometimes it is best to use good ole common sense
LSE wrote:I Agree with you...
[You must be registered and logged in to see this link.]The Alchemist wrote:LSE wrote:It is purely based on technically...The Alchemist wrote:LSE wrote:Time to BUY...
are you basing your recommendation based on Pivot Points, Fundamentals or based on external events and implications for their business ? which one ? or feel good luck by chance cheap price
sometimes however attractive it is based on technicals, you cannot ignore the elephant in the room ie oils prices, geopolitics of potential war, local scenario based on elections etc etc
sometimes it is best to use good ole common sense
LSE wrote:Good results reported for LIOC in the last quarter
NAV is 37.18
EPS is 0.92 for the last quarter
Currently LIOC trading at a very discount price...
[You must be registered and logged in to see this link.]LSE wrote:I Agree with you...
[You must be registered and logged in to see this link.]The Alchemist wrote:LSE wrote:It is purely based on technically...The Alchemist wrote:
are you basing your recommendation based on Pivot Points, Fundamentals or based on external events and implications for their business ? which one ? or feel good luck by chance cheap price
sometimes however attractive it is based on technicals, you cannot ignore the elephant in the room ie oils prices, geopolitics of potential war, local scenario based on elections etc etc
sometimes it is best to use good ole common sense
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