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Litre of petrol up by Rs.10 from today

+14
klpfernando
Slstock
Redbulls
sureshot
worthiness
Arena
kuk83
nimantha80
wiki
balapas
traderathome
sahan8896
Kithsiri
Whitebull
18 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Litre of petrol up by Rs.10 from today Empty Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 8:45 am

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

The price of a litre of petrol (90 octane) has been increased by Rs.10 from today (December 15) taking the price up to Rs. 159 per litre, the Ceylon Petroleum Corporation stated.
http://www.adaderana.lk/news.php?nid=20916

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Way to go Babe. Very Happy

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Now they will publicly lambast the Imperialists, CIA and many other invisible conspirators, when the truth is it was simply due to Mismanagement and corruption.

Time to get rid of the inept people who are only good at Bull S****** in public has come now.



Last edited by Kithsiri on Sat Dec 15, 2012 8:59 am; edited 1 time in total

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Ohh Yee

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

diesel increase to follow you mean Shocked Shocked Rolling Eyes

how about increase in salary for private n public workers in srilanka..

Wink

TAH

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This was expected. Electricity hike will follow soon.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

balapas wrote:This was expected. Electricity hike will follow soon.
this will affect next quarter reports if diesel prices too are increased no... Surprised since the increase seem to be minimal this should not pose too much of a threat to the bottom line in their financial reports.This is my feeling....the absorption of the increase in cost should offset against higher top line figures..... Cool

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

balapas wrote:This was expected. Electricity hike will follow soon.
This will go on until we get rid of the incompetent & inept Bull S****** ! Very Happy

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If they hike the diesel prices it will be a disaster.. it will shoot up the CoL.

10Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 10:00 am

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Kithsiri wrote:
balapas wrote:This was expected. Electricity hike will follow soon.
This will go on until we get rid of the incompetent & inept Bull S****** ! Very Happy


Will not happen in near future... මේකට කියන්නේ ..මෙවන් තණකොළ කන රට වැසියන් ලද රජුන් වාසනාවන් කියල

11Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 10:04 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Agree 101 %. Very Happy
wiki wrote: Will not happen in near future... මේකට කියන්නේ ..මෙවන් තණකොළ කන රට වැසියන් ලද රජුන් වාසනාවන් කියල

12Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 10:30 am

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

තමුන් හරකුන් බව නොදන්නා රටවැසියන් ලද රජුන් වාසනාවන්

13Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 11:17 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

nimantha80 wrote:තමුන් හරකුන් බව නොදන්නා රටවැසියන් ලද රජුන් වාසනාවන්
sira kiyaman... tongue Nima lol!

14Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 11:21 am

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This sums up most about the GOVT and their people

https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-snc6/261590_471142579596267_1383590497_n.jpg



Last edited by balapas on Sat Dec 15, 2012 11:23 am; edited 1 time in total (Reason for editing : Spelling)

15Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 11:45 am

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

It seems some are shedding CROCODILE TEARS Razz
But anyway I can not see a reasonable reason for this price hike except mismanagement by responsible authorities including top level government officers who did gambling with public money.
But politicians can not put this blame only on these officers due to several reasons,
1.These top level officers are appointed mainly by politicians
2.Most of them are not punished for their irresponsible activities wasting public money.
3.Keeping of most of these officers still at top levels eventhough they have proved their irresponsible and inefficient activities towards their duties.
By the way everyone should keep in mind that wasting and thieving of public money is one of the worst sins.We have wittnessed their natural ill-fate.

16Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 12:00 pm

kuk83

kuk83
Manager - Equity Analytics
Manager - Equity Analytics

salary increase by 750/= . petrol increase by 10/= . If you use avg 40L per month 400/= for that itself. Then what abt others ? Very Happy

17Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 12:11 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

My god.

This is a 2011 article and by now Sri lanka would have passed all of them. Not sure. IF any body knows please share the current Info...........

NEW DELHI: Petrol prices in India are costlier than the US but cheaper than European countries, Minister of State for Petroleum and Natural Gas R P N Singh said today.

Petrol in Delhi is priced at Rs 63.70 a litre, while the same in USA is priced at Rs 42.82 per litre. The price in India is more than any of its neighbours -- Pakistan (Rs 41.81 a litre), Sri Lanka (Rs 50.30 per litre), Bangladesh (Rs 44.80 a litre) and Nepal (Rs 63.24 per litre).

I think these figures are based on Indian Rupee.........

Thanks.
I believe it is always better if we can compare with other countries..........
But no data with me......................
Loving ashcharyaya .........?

18Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 12:18 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Diesel & Octane 95 will be adding soon generating more cash for devouring public funds. Gulp down system is well established & being continued smoothly in the CPC where good governance is unknown subject.

Chapter 51, page 359 of "The Winds of Sinhala",,," In a janapada, a people's state, when the king becomes righteous, his ministers & followers become righteous. When the ministers & followers of the king become righteous, the dwellers in the janapada become righteous"....

So,, no hiccup at all....let us live embedding with the miracle..



19Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 1:19 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

IO only 10.00 per Lt Sad

GallFace ekkay lamboginni,
appita pappuwai Ginni ......




20Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 1:25 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

it smelled me when LIOC was moving up from 18.50 - 21.00
did not like to burn my fingers by buying share.
so kept my car fuel tank full. Very Happy

same soon for Lauff Gas Laughing

21Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 1:42 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sureshot wrote:IO only 10.00 per Lt Sad

GallFace ekkay lamboginni,
appita pappuwai Ginni ......




why matcho what about the dividends income and the CG you earn from trading/investing in CSE Surprised

22Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 1:46 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics



[/quote]why matcho what about the dividends income and the CG you earn from trading/investing in CSE Surprised [/quote]


ewvaa paan kandath mathhi ban.... Sad

23Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 1:52 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Whitebull wrote:It seems some are shedding CROCODILE TEARS Razz
But anyway I can not see a reasonable reason for this price hike except mismanagement by responsible authorities including top level government officers who did gambling with public money.
But politicians can not put this blame only on these officers due to several reasons,
1.These top level officers are appointed mainly by politicians
2.Most of them are not punished for their irresponsible activities wasting public money.
3.Keeping of most of these officers still at top levels eventhough they have proved their irresponsible and inefficient activities towards their duties.
By the way everyone should keep in mind that wasting and thieving of public money is one of the worst sins.We have wittnessed their natural ill-fate.

You are absolutely correct in the reason what you mention, only a small correction when the so called politicians come to power then they start to shed crocodile tears towards public issues and care about their own family and their future generations.

24Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 2:48 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

True.

Other than some facts mentioned below, tell me another reason for this oil price hike? Coincidentally gas prices have come down in short term in some countries. In Sri Lanka it goes up.

See the below chart and you will notive there was no need for another hike accept for mismanagement/


http://ycharts.com/indicators/crude_oil_spot_price

Redbulls wrote:
Whitebull wrote:It seems some are shedding CROCODILE TEARS Razz
But anyway I can not see a reasonable reason for this price hike except mismanagement by responsible authorities including top level government officers who did gambling with public money.
But politicians can not put this blame only on these officers due to several reasons,
1.These top level officers are appointed mainly by politicians
2.Most of them are not punished for their irresponsible activities wasting public money.
3.Keeping of most of these officers still at top levels eventhough they have proved their irresponsible and inefficient activities towards their duties.
By the way everyone should keep in mind that wasting and thieving of public money is one of the worst sins.We have wittnessed their natural ill-fate.

You are absolutely correct in the reason what you mention, only a small correction when the so called politicians come to power then they start to shed crocodile tears towards public issues and care about their own family and their future generations.

25Litre of petrol up by Rs.10 from today Empty Re: Litre of petrol up by Rs.10 from today Sat Dec 15, 2012 4:00 pm

klpfernando


Manager - Equity Analytics
Manager - Equity Analytics

move will effect badly for most except LIOC.

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