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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
LIOC.N0000 (Lanka IOC PLC) - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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39 posters

    LIOC.N0000 (Lanka IOC PLC)

    HAL9000
    HAL9000
    Top contributor
    Top contributor


    Posts : 1402
    Join date : 2014-08-11
    Location : Colombo

    LIOC.N0000 (Lanka IOC PLC) - Page 2 Empty Re: LIOC.N0000 (Lanka IOC PLC)

    Post by HAL9000 Thu Oct 01, 2015 3:01 pm

    India has been eying for the Trinco Tank Farm for decades Yankee Dickie prepared to sell it to US, prompting India for a major political intervention by involving into SL issues in 1987. I think many of us know what happened. It us obvious that now India consolisated it's position in Indian Ocean,  where India and US become close allays.  Now the game between Indira and China, China planing to revive ancient Silk Route. SL can either manage this issue for it's fortune or perish. Too much bias in to either side will not do any good.

    A decade ago things were staged as below, but nothing happened,  will see what next
    [You must be registered and logged in to see this link.]


    Mean while LIOC touched 43 today
    avatar
    Future123
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    Active Member


    Posts : 1435
    Join date : 2014-04-09

    LIOC.N0000 (Lanka IOC PLC) - Page 2 Empty Re: LIOC.N0000 (Lanka IOC PLC)

    Post by Future123 Thu Oct 01, 2015 7:18 pm

    LIOC is a share always paid back to me. In the last run bought around 40/= and sold just over 60/= with 50% return.

    This time entered 38 to 40/= levels and I hope a good run very soon. The run started last month but unfortunately came down due to market sentiments.

    When the price formula is introduced don't even think to buy LIOC at these levels. I think the price formula will be introduced very soon. The formula must be designed in such a way that LIOC always makes a profit irrespective of movement in international prices and local taxes.

    The present regime is very good with India and I don't expect fat ass Ravi or Ranil will destroy an Indian company. Now when I buy a share the first thing is think about those two as they can completely destroy your plans. (Except short term trading shares).

    Don't expect good profit from LIOC in this quarter. I think the the market already taken this into account.

    For me LIOC is a medium term trading share and can't hold for investment for too long as this is subject to many regulations and external factors.

    Caution: If you are a long term investor LIOC might not be suitable for you. If you are a medium term trader this is a safe bet. If you are too cautious forget about LIOC.
    This is my personal opinion only and please do your research before making any investment/trading decision.
    avatar
    yellow knife
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    Posts : 6980
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    LIOC.N0000 (Lanka IOC PLC) - Page 2 Empty Re: LIOC.N0000 (Lanka IOC PLC)

    Post by yellow knife Thu Oct 01, 2015 8:52 pm

    Well Future

    I have already classified this share as a traders heaven. Look at the price movement in history. In many years this share has doubled within the year .

    You all can see my double standard in share trading. I am not pro Indian and I dont like Indian companies invading Sri Lanka.

    But in my PF LIOC is the biggest. I said my purpose of share investing is developing wealth.

    avatar
    Future123
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    LIOC.N0000 (Lanka IOC PLC) - Page 2 Empty Re: LIOC.N0000 (Lanka IOC PLC)

    Post by Future123 Thu Oct 01, 2015 9:55 pm

    YK +++

    My purpose is also to increase my wealth.
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    yellow knife
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    LIOC.N0000 (Lanka IOC PLC) - Page 2 Empty Re: LIOC.N0000 (Lanka IOC PLC)

    Post by yellow knife Fri Oct 02, 2015 7:50 am

    ඔවු.. තෙල් සංස්ථාව විකුණන්න යෝජනා කර තිබෙනවා.. – තෙල් ඇමති

    October 1, 2015 at 10:00 am | lanka C news

    [You must be registered and logged in to see this image.]
    පුද්ගලික අංශයට ලංකා ඛනිජ තෙල් නීතිගත සංස්ථාවෙන් තුනෙන් එකක් විකුණා දමන ලෙස වූ යෝජනාවක් ශ්‍රී ලංකා වානිජ මණ්ඩලයට ඉදිරිපත් වී ඇති බව ඛනිජ තෙල් හා පෙට්‍රෝලියම් වායු ඇමැති චන්දිම වීරක්කොඩි මහතා පවසයි.
    ඇමතිවරයා පවසන්නේ සාමාන්‍යයෙන් අය වැය යෝජනා ඉදිරිපත් වන කාලයේ ආයතනවල සිදුකල යුතු ගැන යෝජනා වාණිජ මණ්ඩලයට ඉදිරිපත් වන බවත් මෙය ද එවැනි යෝජනාවක බවත්ය.
    මෙකී යෝජනාව ගැන සංස්ථාවේ නිලධාරීන් වෘත්තීය සමිති සමග ද සාකච්ඡුා කළ බව පවසන ඇමැතිවරයා යෝජනාව ගැන අවසන් තීරණයකට පැමිණ නැති බව ද කියා සිටියේය
    avatar
    yellow knife
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    Top contributor


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    Join date : 2014-03-27

    LIOC.N0000 (Lanka IOC PLC) - Page 2 Empty Re: LIOC.N0000 (Lanka IOC PLC)

    Post by yellow knife Mon Dec 14, 2015 9:47 am

    It is always worth to find whether the content is accurate or not than finding who owns the source. Anyway following is quoted from Lankatruth the Pro-JVP web site.



    අතිවිශාල ඛණිජ තෙල් ගැහිල්ලක්!
    2015 දෙසැම්බර් 13 වෙනි ඉරිදා, 07:56  
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     ඊ-තැපැල :: මුද්‍රණය :: පී.ඩී.එෆ් (PDF) 
    [You must be registered and logged in to see this image.]ලෝක වෙළෙඳ පොළේ විශාල වශයෙන් ඛණිජ තෙල් මිල අඩුවී තිබියදී එම වාසිය ශ්‍රී ලංකාවේ ජනතාවට ලබා නොදී ආන්ඩුව රුපියල් මිලියන 22,049ක අති විශාල බදු මුදලක් ලබාගෙන ඇති බව අනාවරණය වේ.
    ජනතා විමුක්ති පෙරමුණෙ නායක අනුර දිසානායක මහතා ඊයේ (12) අයවැය විවාදයට එක් වෙමින් ලෝක වෙළෙඳපොළේ තෙල් බැරලයක මිල ඩොලර් 102කේ සිට ඩොලර් 46 දක්වා පහත වැටී ඇති බවත් එහි වාසිය ජනතාවට ලබා නොදී අසී මිත බරත් පටවා ඇති බව හෙළි කළේය.
    මේ බව හෙළි වන්නේ රාජ්‍ය මූල්‍ය කලමණාකරණ නවතම වාර්තාවෙන්වය. පසුගිය වසරේ ජනවාරි සිට සැප්තැම්බර් දක්වා මාස 9 තුළදී ඛණිජ තෙල් නිශ්පාදන මත ලබාගෙන තිබෙන බදු මුදල රුපියල් මිලියන 4,675ක් වීතිබූ අතර මෙම වසරේ මුල් මාස නවය තුළ එ රුපියල් මිලියන 22,049ක් දක්වා ඉතා ඉහළ අගයක් වී තිබේ.
    මෙය 471.63% දක්වා වැඩි වීමක්ය. ලෝක වෙළෙඳපොළේ තෙල් මිල අඩුවීමේ සහනය මෙරට ජනතාව වෙත ලබා දුන්නේ නම් කාර්මික නිශ්පාදන  පිරිවැය අඩු වීම, භාණ්ඩු ප්‍රවාහන පිරිවැය අඩුවීම සහ මගී ගමනාගමනයේ ගාස්තු අඩුවීම ඇතුළු සහන රැසක් හිමි වීමට තිබිණ
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    Post by yellow knife Mon Dec 14, 2015 12:46 pm

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    LIOC is now entering to an era after the Longest Period of Sustained High Oil prices in History.. Lets see what lies ahead in SL oil duopoly....
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    Post by slstock Mon Dec 14, 2015 1:40 pm

    Issue is YK no matter the oil price, will this company consistantly show good profits on Financials Wink

    Well on some positive,

    Let see what happens when Oil formula comes.
    There was a talk about government, joining some foreign company for something to do with oil ( I know this is so vague, but this is just something I might have read from budget , I could be wrong so need to clarify). If it is with LIOC that some positive for them.

    But right now, after seeing last quarter results , am not too please how this company is progressing.( also in financials)

    Someone asked me on FB or via PM in forum whether is is good to buy LIOC now as his holding cost is more.
    So I thought I'd share in public.

    I feel best not to average now if one want to as it is still shaky ( could dip more if any deals are there or someone want to dump).

    Hope the Government and this company gets their act together.
    A large company having effect on ASI also.





    Wink
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    LIOC is now entering to an era after the Longest Period of Sustained High Oil prices in History.. Lets see what lies ahead in SL oil duopoly....
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    Post by yellow knife Mon Dec 14, 2015 1:46 pm

    this is a share which  fooled me twice  Sad Sad Sad
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    Post by slstock Mon Dec 14, 2015 1:58 pm

    First time, it is mistake.
    Second time a coincidence.

    But if it happens for the third time it is ............... ? Wink

    yellow knife wrote:this is a share which  fooled me twice  Sad Sad Sad
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    Post by yellow knife Mon Dec 14, 2015 2:01 pm

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    Post by nis2008 Mon Dec 14, 2015 2:02 pm

    මමත් කිරි එලදෙනෙක් කියලා ගත්තනේ ඔය ලොම් හැලිච්ච මී හරකාව ,
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    Post by yellow knife Mon Dec 14, 2015 2:05 pm

    nis2008 wrote:මමත් කිරි  එලදෙනෙක්  කියලා  ගත්තනේ ඔය  ලොම් හැලිච්ච  මී හරකාව  ,


    මා  තනිවී නැත ලෝකේ මටද එලදෙනෙකු ඇතේ
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    Post by Hawk Eye Mon Dec 14, 2015 2:15 pm

    Several experts gave warning, YK was stubborn to give up on this share..And i gave a warning too

    *****************************
    Wed Aug 05, 2015 9:53 pm

    Foreign Selling - 7,130,399 shares yesterday. Also note that there was a news in the front page Sunday Times that the fuel price may get reduced again within 3 months time

    Early Warning

    ****************************************

    I started recommending this share at LKR.25 a buy..I gave clear justification. I collected nearly 88,000 shares at avg cost of Rs.29.00, exiting at Rs.62.
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    Post by yellow knife Mon Dec 14, 2015 2:49 pm

    SLS and HE warned me


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    Post by chutiputha Mon Dec 14, 2015 3:14 pm

    yellow knife wrote:
    nis2008 wrote:මමත් කිරි  එලදෙනෙක්  කියලා  ගත්තනේ ඔය  ලොම් හැලිච්ච  මී හරකාව  ,


    මා  තනිවී නැත ලෝකේ මටද එලදෙනෙකු ඇතේ

    ඇයි මමත් ඉන්නවා සර්ගේ තනියට....
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    Post by malanp Mon Dec 14, 2015 6:11 pm

    yellow knife wrote:
    nis2008 wrote:මමත් කිරි  එලදෙනෙක්  කියලා  ගත්තනේ ඔය  ලොම් හැලිච්ච  මී හරකාව  ,


    මා  තනිවී නැත ලෝකේ මටද එලදෙනෙකු ඇතේ

    Lankacnews is always with you..
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    Post by yellow knife Tue Dec 15, 2015 7:50 am

    Malnap

    Why not you reveal your Investment as at 7th Jan 2015 and now...?

    This is my situation then


    Invested 32 M and Market Value 48 M

    7-Jan-1532,947,341.5048,019,391.37Day before presidential election date


    and this is my situation now

    Invested 36 M and and Market value 41 M

    14-Dec-1536,744,150.4641,036,790.37Special announcement 2 PM


    Had I listened to Chinwi or Cnews I would have been better off...
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    Post by malanp Tue Dec 15, 2015 8:10 am

    YK
    I dont keep a track of on special date, I buy and sell every few months, In August it went upto 18m and now reduced to 14m.

    I think you listen to Wimal Weerawansa too much..
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    Post by yellow knife Tue Dec 15, 2015 8:31 am

    This is our problem Malnap... Please keep data ... I keep data since the day I made my very first investment...

    When you keep data you will evaluate them without biased...

    My Total investment and market value relationship was worst in 2008 Dec. Yet since I am a long-term investor I had no worries.

    there were some who blamed MR for fighting with LTTE as the market was crashing.. we often remove important variables and assign what we want to highlight...In 2008 it was global depression .. Anyway those days I joked and said " Lucky that there was no stock market during King Dutugamunu's era... otherwise poor investors would have asked king to stop war to protect stock market.

    Now regarding Wimal weerawansa he is a former JVPer who like any other politician is a very power hungry man.. Why you and I not into politics is because we are not motivated by power. Wimal represent a particular era of this country.. I belong to the same era.. So naturally there can be some similarities between his way of looking at things and mine..

    Regarding Lanka C News.. I read many sources and I often quote them.. Daily Mirror, Daily FT, and C news are often mentioned by me..

    If you have seen Plantation updates that consist of many negative info on that..and often C news is quoted there.Yet I am heavily into plantation... while reading all negatives and understand the impact of such..

    Anyway even for the rest of the crowd here its worth while keeping your Investment Diary...Statistics that you keep on your own actions are un-biased..
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    Post by malanp Tue Dec 15, 2015 8:47 am

    YK

    Hungry for power and hungry for money are two different things, WW is hungry for power, but we are hungry for money that is why we are in the CSE,,

    If you are an investor then taking a hungry for power man as a role model is not good for you.. listen to people like DP,HJ or somebody who have made money in shares,, regarding an investment WW is the last person I will listen because i know he will send me to bankruptcy..
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    Post by yellow knife Tue Dec 15, 2015 9:19 am

    Personally I like to keep a particular thread in Industrial analysis confined to only that share... So I may end the discussion here as it goes beyond LIOC.

    Anyway it seems you have misread me.. When I quote Daily Mirror or FT why not you find who owns Wijaya Newspaper house and the relations of its owners and then read me from that view as well..
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    Post by yellow knife Thu Dec 31, 2015 9:12 am

    Price Formula for Petrol is on the cards and can expect its implementation from Jan 2016. Its time to see the chart of petrol  price per liter in the world..

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    The same chart in LKR

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    Source: secondary data evaluation from findings of numbeo.com

     http://www.numbeo.com/cost-of-living/country_result.jsp?country=South+Korea&displayCurrency=USD
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    Post by Future123 Thu Dec 31, 2015 12:58 pm

    LIOC is a share to look for in 2016. Hope the commodity prices will be low and the price formula which brings justice to LIOC.
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    Post by yellow knife Tue Feb 09, 2016 3:21 pm

    India keen to establish refinery and bunkering operations in Sri Lanka


    8 February 2016 00:00

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    Bhubaneshwar, Odisha: India is interested in establishing refinery and bunkering operations in Sri Lanka, Indian Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said on Saturday when he held a bilateral meeting with Deputy Minister of Petroleum Resources Development of Sri Lanka Dr. Anoma Gamage.

    Deputy Minister Gamage is in India to participate in the ceremony at Paradip where Prime Minister Narendra Modi will be dedicating to the nation the Indian Oil refinery.

    Pradhan, during his meeting with the Sri Lankan Deputy Minister, discussed issues such as the expansion of activities of Lanka IOC, in Sri Lanka, including in the retail business, bunkering and marketing of ATF and LPG. Lanka IOC is a subsidiary of the Indian Oil Corporation.

    He reiterated the commitment made by Prime Minister Modi to work with Sri Lanka to make Trincomalee a regional energy hub.

    Pradhan also expressed India’s interest in establishing refinery and bunkering operations in Sri Lanka. He expressed confidence that both Sri Lanka and India would work in a spirit of partnership in the hydrocarbon

      Current date/time is Sun Sep 01, 2024 8:19 am