LIOC - Massive Results

Market.Player wrote:1.3 Billion Profit for the Quarter.
EPS 2.53 for 1st Quarter.
Annualize 2.5 x 4 = 10.
Share Price Prediction......? (Say EPS 10 x PER 6 = Rs.60/-)
Interesting - JB Cocoshell Collected 1,156,117 shares during this Quarter.

Market.Player wrote:LIOC - DIVIDEND ANNOUNCEMENT (07 August 2013)

Rate of Dividend: - Rs. 1.00 per share / Final Dividend
Financial Year: - 2012/2013
Shareholder Approval: - Required
AGM: - 13.Sep.2013
XD: - 16.Sep.2013
Payment: - 25.Sep.2013
Share Transfer Book Open

- - - - - - - - - - - - - - -

LIOC - NAV improvement

NAV 30.06.2013 - Rs.27.00
NAV 30.06.2012 - Rs.19.36

- - - - - - - - - - - - - - -

No os Shares having JB Cocoshells (Pvt) Ltd - 7,686,858

Market.Player wrote:LIOC - DIVIDEND ANNOUNCEMENT (07 August 2013)

Rate of Dividend: - Rs. 1.00 per share / Final Dividend
Financial Year: - 2012/2013
Shareholder Approval: - Required
AGM: - 13.Sep.2013
XD: - 16.Sep.2013
Payment: - 25.Sep.2013
Share Transfer Book Open

- - - - - - - - - - - - - - -

LIOC - NAV improvement

NAV 30.06.2013 - Rs.27.00
NAV 30.06.2012 - Rs.19.36

- - - - - - - - - - - - - - -

No os Shares having JB Cocoshells (Pvt) Ltd - 7,686,858

Monster wrote:

Market.Player wrote:LIOC - DIVIDEND ANNOUNCEMENT (07 August 2013)

Rate of Dividend: - Rs. 1.00 per share / Final Dividend
Financial Year: - 2012/2013
Shareholder Approval: - Required
AGM: - 13.Sep.2013
XD: - 16.Sep.2013
Payment: - 25.Sep.2013
Share Transfer Book Open

- - - - - - - - - - - - - - -

LIOC - NAV improvement

NAV 30.06.2013 - Rs.27.00
NAV 30.06.2012 - Rs.19.36

- - - - - - - - - - - - - - -

No os Shares having JB Cocoshells (Pvt) Ltd - 7,686,858

This may be the first dividend announcement after they listed in CSE. Correct me, if I am wrong.

Market.Player wrote:1.3 Billion Profit for the Quarter.
EPS 2.53 for 1st Quarter.
Annualize 2.5 x 4 = 10.
Share Price Prediction......? (Say EPS 10 x PER 6 = Rs.60/-)
Interesting - JB Cocoshell Collected 1,156,117 shares during this Quarter.

Arena wrote:Surely LIOC have revised their Transfer pricing strategy to reduce the cost. Otherwise they cant do this kind of miracle. Any way when it was at 22 i got a confirmation for this technically from a well known technical expert saying this shows a 5 to 10 year bull run.

Respect you as usual..............

Arena wrote:Surely LIOC have revised their Transfer pricing strategy to reduce the cost. Otherwise they cant do this kind of miracle. Any way when it was at 22 i got a confirmation for this technically from a well known technical expert saying this shows a 5 to 10 year bull run.

Respect you as usual..............

ccsentha wrote:

Arena wrote:Surely LIOC have revised their Transfer pricing strategy to reduce the cost. Otherwise they cant do this kind of miracle. Any way when it was at 22 i got a confirmation for this technically from a well known technical expert saying this shows a 5 to 10 year bull run.

Respect you as usual..............

As per my limited knowledge technical analysis is for short term i guess!!!! It's not possible to be successful with technical analysis for long term like 5-10 year - like you have mentioned.

So many things can change during 5-10 years, which will make the technical analysis invalid.

technical analysis is basically analyzing the buying and selling pressure.  
 

Hawk Eye wrote:The diversification from fuel to products such as bitumen and other products for automobiles have made significant change in revenue & GP Margin .The GP margin is improving YoY. 1st Qtr results for 2013/2014 show a reduction in revenue, but an improved Gross Profit of 13 %. Average GP margin % in previous 3 Qtrs were 7 -8%.
Revenue
Local Sales (Mn) ------- 2013--------------2012--------------2011
Lanka Pet 95 Oct------- 2,243---------------1,916------------- 970
Lanka Pet 95 Oct------- 21,770--------------22,970-----------18,911
Auto Diesel------------- 16,749--------------10,694----------- 21,137
Super Diesel------------ 551----------------- 246 ------------- 96
LP 91-Euro 03---------- 6,653----------------2815------------- -
Bunkering-------------- 101------------------ 712 ------------- 690
Lubricant--------------- 1,655-------------- -1,563------------- 1,307
Bitumen---------------- 7,262-------------- -5,605------------- 1,891

Exports Sales (Mn)
Lubricants--------------- 86-------------------37---------------- 126
Bunkering-------------- 17,234---------------13,875------------ 6,614
Bulk Export-------------- 801--------- - -------- -

Company transformed itself from a Gross Loss situation to Gross Profit from negative 1% to positive 7%. These are achieved by better resource management, product diversifications  and the oil prices in international market

Year----------- Revenue -----------  GP %
2008/09-------- 47.6Bn -------------(1%)
2009/10-------- 50.2Bn -------------(1%)
2010/11-------- 51.7Bn --------------3%
2011/12-------- 60.4Bn --------------7%
2012/13-------- 75.1Bn --------------7%

Fuel & Lubricants
LIOC has 102 fully owned petrol stations and 42 franchised stations. 12 Lube Distributors.Lanka IOC also earned USD 118mn as foreign exchange exporting servo lubricants, and also exploring the possibilities to expand to the other South East Asian countries


Bitumen
Sri Lanka’s vision to provide accessibility to all parts of the country and to have a high and quality mobility road network in the country for the transportation of passenger and goods, a distinct emphasis has been given on road development. Road transport has become a priority sector because of the need to restore regionally balanced living conditions and economic opportunities for all Sri Lankans. Various important road infrastructure projects are under way.

New project implementations include

• Construction of expressways and highways,
• Widening of highways,
• Reduction of traffic congestion,
• Road maintenance and rehabilitation,
• Bridge rehabilitation and construction.

All these activities have resulted in increased requirement of bitumen. In 2012 LIOC  has been able to cater to the increased market demand for bitumen and has registered a volume growth of 167% during

Bunkering
Lanka IOC has entered into the bunkering fuels business recently in a large way and has made a significant stride in this sector. Supplies are undertaken through nominations received from local shipping agents, shipping agents from overseas, bunker brokers and through direct nominations.



Number of vessels bunkered by LIOC is 60 at the moment
Bunker Fuelling Services – Various Ports in SriLanka
Colombo - Within port and OPL
Galle - Within port and OP
Trinco - Within port and OPL on specific demand


LIOCs GP will have a negative impact if the Oil barrel prices in international market goes up and the distribution prices in Sri lanka not increased accordingly
The Global Political & Economic factors aren’t looking good at this moment. The Middle –East crisis is going to have an impact on the oil prices.
The crude oil prices  have gradually moved up from $93 range in Jun’13 to $104.65 by August. But for September there is price drop to $ 100.42 Source (www.macrotrends.net)
Crisis in Egypt can affect the oil supply and prices


Risks
……..Suez Canal. Geographically, the busy canal connects the Red Sea and the Gulf of Suez with the Mediterranean Sea, covering almost 120 miles. Petroleum (both crude and refined products) accounted for 15 percent of Suez cargos, measured by cargo tonnage, in 2011, while Liquefied Natural Gas accounted for six percent. An estimated 17,799 ships transited the canal from both directions in 2011(a fall compared to the 35,000 ships in 2009), of which 20 percent were petroleum tankers and 6 percent LNG tankers. Earlier, the canal was unable to handle very large crude carriers. However, the Suez Canal authority extended the depth to 66 feet allowing almost 60 percent of all tankers to pass through.
The Sumed Pipeline is 200 mile long passing through desert and sparsely habited areas. This pipeline is an alternative for cargos too large for the Suez Canal. The two parallel pipelines of 42 inches in diameter have a capacity of about 2.4 million bbl/d. Shipping mainly Saudi and Iraqi oil to European Markets, this pipeline moves the northbound crude from the Red Sea to the Mediterranean Sea, and is a joint venture between Egyptian General Petroleum Corporation (EGPC), Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) and Kuwaiti companies. Recently, Iran was forced to transit about 100,000 barrels a day of oil to Turkey through the Suez canal after a ban on using the Sumed pipeline…………….
http://www.oil-price.net/en/articles/oil-price-and-egypt.php

Lets see how LIOC has performed this quarter with all these

Until that contribute with your views

Hawk Eye wrote:

Hawk Eye wrote:The diversification from fuel to products such as bitumen and other products for automobiles have made significant change in revenue & GP Margin .The GP margin is improving YoY. 1st Qtr results for 2013/2014 show a reduction in revenue, but an improved Gross Profit of 13 %. Average GP margin % in previous 3 Qtrs were 7 -8%.
Revenue
Local Sales (Mn) ------- 2013--------------2012--------------2011
Lanka Pet 95 Oct------- 2,243---------------1,916------------- 970
Lanka Pet 95 Oct------- 21,770--------------22,970-----------18,911
Auto Diesel------------- 16,749--------------10,694----------- 21,137
Super Diesel------------ 551----------------- 246 ------------- 96
LP 91-Euro 03---------- 6,653----------------2815------------- -
Bunkering-------------- 101------------------ 712 ------------- 690
Lubricant--------------- 1,655-------------- -1,563------------- 1,307
Bitumen---------------- 7,262-------------- -5,605------------- 1,891

Exports Sales (Mn)
Lubricants--------------- 86-------------------37---------------- 126
Bunkering-------------- 17,234---------------13,875------------ 6,614
Bulk Export-------------- 801--------- - -------- -

Company transformed itself from a Gross Loss situation to Gross Profit from negative 1% to positive 7%. These are achieved by better resource management, product diversifications  and the oil prices in international market

Year----------- Revenue -----------  GP %
2008/09-------- 47.6Bn -------------(1%)
2009/10-------- 50.2Bn -------------(1%)
2010/11-------- 51.7Bn --------------3%
2011/12-------- 60.4Bn --------------7%
2012/13-------- 75.1Bn --------------7%

Fuel & Lubricants
LIOC has 102 fully owned petrol stations and 42 franchised stations. 12 Lube Distributors.Lanka IOC also earned USD 118mn as foreign exchange exporting servo lubricants, and also exploring the possibilities to expand to the other South East Asian countries


Bitumen
Sri Lanka’s vision to provide accessibility to all parts of the country and to have a high and quality mobility road network in the country for the transportation of passenger and goods, a distinct emphasis has been given on road development. Road transport has become a priority sector because of the need to restore regionally balanced living conditions and economic opportunities for all Sri Lankans. Various important road infrastructure projects are under way.

New project implementations include

• Construction of expressways and highways,
• Widening of highways,
• Reduction of traffic congestion,
• Road maintenance and rehabilitation,
• Bridge rehabilitation and construction.

All these activities have resulted in increased requirement of bitumen. In 2012 LIOC  has been able to cater to the increased market demand for bitumen and has registered a volume growth of 167% during

Bunkering
Lanka IOC has entered into the bunkering fuels business recently in a large way and has made a significant stride in this sector. Supplies are undertaken through nominations received from local shipping agents, shipping agents from overseas, bunker brokers and through direct nominations.



Number of vessels bunkered by LIOC is 60 at the moment
Bunker Fuelling Services – Various Ports in SriLanka
Colombo - Within port and OPL
Galle - Within port and OP
Trinco - Within port and OPL on specific demand


LIOCs GP will have a negative impact if the Oil barrel prices in international market goes up and the distribution prices in Sri lanka not increased accordingly
The Global Political & Economic factors aren’t looking good at this moment. The Middle –East crisis is going to have an impact on the oil prices.
The crude oil prices  have gradually moved up from $93 range in Jun’13 to $104.65 by August. But for September there is price drop to $ 100.42 Source (www.macrotrends.net)
Crisis in Egypt can affect the oil supply and prices


Risks
……..Suez Canal. Geographically, the busy canal connects the Red Sea and the Gulf of Suez with the Mediterranean Sea, covering almost 120 miles. Petroleum (both crude and refined products) accounted for 15 percent of Suez cargos, measured by cargo tonnage, in 2011, while Liquefied Natural Gas accounted for six percent. An estimated 17,799 ships transited the canal from both directions in 2011(a fall compared to the 35,000 ships in 2009), of which 20 percent were petroleum tankers and 6 percent LNG tankers. Earlier, the canal was unable to handle very large crude carriers. However, the Suez Canal authority extended the depth to 66 feet allowing almost 60 percent of all tankers to pass through.
The Sumed Pipeline is 200 mile long passing through desert and sparsely habited areas. This pipeline is an alternative for cargos too large for the Suez Canal. The two parallel pipelines of 42 inches in diameter have a capacity of about 2.4 million bbl/d. Shipping mainly Saudi and Iraqi oil to European Markets, this pipeline moves the northbound crude from the Red Sea to the Mediterranean Sea, and is a joint venture between Egyptian General Petroleum Corporation (EGPC), Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) and Kuwaiti companies. Recently, Iran was forced to transit about 100,000 barrels a day of oil to Turkey through the Suez canal after a ban on using the Sumed pipeline…………….
http://www.oil-price.net/en/articles/oil-price-and-egypt.php

Lets see how LIOC has performed this quarter with all these

Until that contribute with your views

So far TKYO & LIOC under the best list