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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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» SAMP.N0000 (Sampath Bank PLC)
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» Should I Stick Around, or Should I Follow Others' Lead?
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» DV-2024 Program: Online Registration
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3 posters

    Liberalizing Lubricant Market.

    avatar
    yellow knife
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    Liberalizing Lubricant Market. Empty Liberalizing Lubricant Market.

    Post by yellow knife Fri Aug 26, 2016 9:24 am

    At the very beginning the government announced its intention to give away more licenses to open up the already opened lubricant market.

    Once completing a power change, the new Finance Ministers often print few new notes to make his signature available on each hand. When a new OIC gets a new territory he first raid all illegal joints to get familiar with the king-pings and to ensure that previous route of donations ( in some countries they call it bribe) is ceased and new route end to his pocket.

    In the same manner when a new Government comes to reign they issue licenses to bars, trade stall, wine shops, massage parlours, etc at village level. At national level we have seen issues like prohibiting liquor, tobacco, casino is initially discussed and even stop on going massive development projects with the same ultra motive.

    Current slow moving government has approved the bill to liberalize lubricant market where they believe its not liberalized yet.
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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by Yin-Yang Fri Aug 26, 2016 10:27 am

    We see very similar behavior in the animal world also (I mean other animals than human).

    Some animals, when squired a new region, mark the area by urinating all over the place or excreting.

    Some animals, when becoming the leader of the herd, want to make sure all females are fertilized by him.


    The physical action we may observe will vary based on the context or the environmental conditions; but the internal mental feelings sought after, I am sure, should be very similar in these situations.

    We are civilized only externally; inside will never evolve.
    Backstage
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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by Backstage Fri Aug 26, 2016 1:29 pm

    Point well illustrated.

    But YY "never" is a tricky word. As the enlightened one said " This too will change " . No time frame though. Smile
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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by yellow knife Fri Aug 26, 2016 1:42 pm

    I f we compare the market size and number of players in two countries, this is the visualization.

    Now why we need more licenses to be issued for this small market ?

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


    No of  Players in India is 27 which is roughly two times of Sri Lanka...So in this situation  Should Sri Lanka issue more licenses ?


    Last edited by yellow knife on Fri Aug 26, 2016 1:53 pm; edited 1 time in total
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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by Yin-Yang Fri Aug 26, 2016 1:51 pm

    Backstage wrote:Point well illustrated.

    But YY "never" is a tricky word. As the enlightened one said " This too will change " . No time frame though. Smile

    OK mate.
    We can replace it by 'for an unimaginable time'.

    ++++

    Like to raise two points.

    First point:
    How many 'enlightened ones' have come to existence in the past? They say unimaginable numbers during unimaginable period of eons. So, at the end, what is the net change made on the existing average; nothing much?

    Second point:
    If the internal of human is civilized, they will become enlightened and ceased to exist. So there will nothing remain to evolve further.

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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by yellow knife Fri Aug 26, 2016 2:57 pm

    LIOC MD Shyam Bora said

    " The previous government also thought that there would be need for more players , but after taking consideration the pros and cons, they decided against it"

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


    So even the previous regime has studied this and given up.. One very good thing with democracy is once in five years we are re inventing the wheel and never make the vehicle...
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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by yellow knife Fri Aug 26, 2016 3:32 pm

    International reports this month said that Chevron Corp is contemplating the selling of US $ 5 Billion in assets in Asia to raise cash and cut costs amid declining oil prices.

    Kush Gomez the MD of Chevron Lanka is confident of healthy growth despite these developments.

    " Already one player exit couple of years ago as market is too competitive. If competitive declines more will exit.."

    Sri Lanka has already has the world's 5 largest petroleum giants BP , Total, Shell, Chevron and Exxonmobil as well as regional leaders like IOC, Petro China and Bharat Petroleum.

    However only CPC , LIOC and Chevron blend lubricants in Sri Lanka.

    Both LIOC and Chevron export locally produced lubricants to other nations like Bangladesh, Maldives and other countries. Laugh also does few exports.

    What the country now needs is foreign exchange earners and not spenders. Instead of encouraging those who blend locally and export, the government is trying to give license to direct imports just for reasons difficult to understand or too simple to understand.
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    Liberalizing Lubricant Market. Empty Re: Liberalizing Lubricant Market.

    Post by Backstage Mon Aug 29, 2016 9:39 pm

    Yin-Yang wrote:
    Backstage wrote:Point well illustrated.

    But YY "never" is a tricky word. As the enlightened one said " This too will change " .  No time frame though. Smile

    OK mate.
    We can replace it by 'for an unimaginable time'.

    ++++

    Like to raise two points.

    First point:
    How many 'enlightened ones' have come to existence in the past? They say unimaginable numbers during unimaginable period of eons. So, at the end, what is the net change made on the existing average; nothing much?

    Second point:
    If the internal of human is civilized, they will become enlightened and ceased to exist. So there will nothing remain to evolve further.


    Ahh some lubricant for the mind. Idea

    First point : When an enlightended one exists in this realm, the average goes up.

    Second point : Cease to exist within our limited perception. cyclops


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