LIOC report Disaster_1066 million loss in 3 months.

Teller · 1 LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:02 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17143
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

LIOC has posted 2 rupees loss per share for the 3 months ended 31st march. The same quarter of last year has been reported 1.36 earning per share. The company was able to earn 9/- rupee per share per 2013/14 but 2014/15 earned only 3/- per share. I guess no one expected this kind of worse result from LIOC. The LIOC share price canddrop 3-5 rupees tomorrow and market will be dipped to RED. lot of retailers bear this share @ 50 plus. How ever this quarter and the next quarter will be the worse period for them if there is no price hike.

shadow walker

shadow walker

Vice President - Equity Analytics

Posts : 1162
Equity Stars : 5930
Reputation : 33
Join date : 2014-03-03

within next week LIOC will reach to 30....
R.I.P my dear LIOC

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 17143
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

R.I.p means. Agreed it will drop to 25-30. surely...

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 17143
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

But i am suspecting. How they have received 1066 million loss. Ii may be because of more fuel consumption. In this case how much petrolium corporation will loss. Then what champika says we are in profit way.

shadow walker

shadow walker

Vice President - Equity Analytics

Posts : 1162
Equity Stars : 5930
Reputation : 33
Join date : 2014-03-03

Teller wrote:But i am suspecting. How they have received 1066 million loss. Ii may be because of more fuel consumption. In this case how much petrolium corporation will loss. Then what champika says we are in profit way.

dear i cant believe this loss... how could that happen.. A reduction in tax leads to a huge loss

shadow walker

shadow walker

Vice President - Equity Analytics

Posts : 1162
Equity Stars : 5930
Reputation : 33
Join date : 2014-03-03

we could see the opposite side of today GRAN price from LIOC... 10%-20% downtrend surely

ccsentha

ccsentha

Vice President - Equity Analytics

Posts : 1021
Equity Stars : 6286
Reputation : 20
Join date : 2011-04-22

This loss could explain only one thing. The fuel price was not reduced by reducing the tax instead the selling price has been reduced.

Quibit

Quibit

Senior Vice President - Equity Analytics

Posts : 2661
Equity Stars : 11290
Reputation : 380
Join date : 2010-05-08

Appreciate if SHARK could give some explanations as to what is going on with share he highly recommended.

nimantha80

nimantha80

Senior Vice President - Equity Analytics

Posts : 2348
Equity Stars : 8188
Reputation : 49
Join date : 2012-10-12

shark actually got onto this because of my freinds detailed explanations not that he identified this.

shadow walker

shadow walker

Vice President - Equity Analytics

Posts : 1162
Equity Stars : 5930
Reputation : 33
Join date : 2014-03-03

Quibit wrote:Appreciate if SHARK could give some explanations as to what is going on with share he highly recommended.

Its gonna take a few more months to recover from this bleed LIOC report Disaster_1066 million loss in 3 months. 20

Dont worry i am in around 54 LIOC report Disaster_1066 million loss in 3 months. 20

I am slightly better LIOC report Disaster_1066 million loss in 3 months. 2

by SHARK. somewhere in cyberspace
..................................

dont blame him.. buy or not its your decision

Invest_Wisely

Invest_Wisely

Manager - Equity Analytics

Posts : 295
Equity Stars : 4033
Reputation : 76
Join date : 2014-08-01

Will have to be careful of LGL as well even their profitability would be affected....

ccsentha

ccsentha

Vice President - Equity Analytics

Posts : 1021
Equity Stars : 6286
Reputation : 20
Join date : 2011-04-22

how can the bleed recover in 2-3 months? every passing day is going to increase their losses. If they loose 2b in 3 months, imaging the loss for 12 months? where is the so called intelligent policy makers?

even when LIOC was making profit CPC use to make loss, now imagine what would be the loss of CPC in the last 3 months?

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 17143
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

CPC Can loss 6 billion plus with in three months.

glad

glad

Senior Manager - Equity Analytics

Posts : 465
Equity Stars : 5223
Reputation : 11
Join date : 2011-07-05

Teller wrote:But i am suspecting. How they have received 1066 million loss. Ii may be because of more fuel consumption. In this case how much petrolium corporation will loss. Then what champika says we are in profit way.

Are they playing with the figures? Difficult to understand how they made such a mess.

Arena

Arena

Assistant Vice President - Equity Analytics

Posts : 702
Equity Stars : 5073
Reputation : 44
Join date : 2012-07-31
Location : Colombo

From the first day i entered CSE i realize LIOC can manipulate Cost of sales with the stock they have and transferred from parent if they do transfers.

I didnt want to go through it.
Any way we can not expect IOC to make losses like this since they are well managed company with a monopoly power to some extend.

If any body has time do analyse their stocks as all you will find the reason.

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 17143
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

They simply put the cost of sales, and deduct it from sales. No break down.

shadow walker

shadow walker

Vice President - Equity Analytics

Posts : 1162
Equity Stars : 5930
Reputation : 33
Join date : 2014-03-03

Arena wrote:From the first day i entered CSE i realize LIOC can manipulate Cost of sales with the stock they have and transferred from parent if they do transfers.

I didnt want to go through it.
Any way we can not expect IOC to make losses like this since they are well managed company with a monopoly power to some extend.

If any body has time do analyse their stocks as all you will find the reason.

ah thats the point dear.. in last 3 quarters we saw that.. they are doing something with their cost..
it seems their cost not depend on world oil price.. i think they are buying their stocks from Indian oil company.. they decide the price..

fireshelter

fireshelter

Associate Director - Equity Analytics

Posts : 3033
Equity Stars : 9205
Reputation : 37
Join date : 2014-06-12

Now Think and invest in expected good profit making company because of opportunity cost we have to consider

Arena

Arena

Assistant Vice President - Equity Analytics

Posts : 702
Equity Stars : 5073
Reputation : 44
Join date : 2012-07-31
Location : Colombo

These kind of Transfer prices should be controlled by auditors if not Multinationals show profits only in Low tax countries.

how ever i do not know whether IOC do it or not but i have a doubt on it. I did a research to some extend 3 years go and suddenly they started making profits and now again the same story. Any way i do not invest in companies if i can not understand the cost structure. But i may do some tradings with them but IOC is too big to play with.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

LIOC report Disaster_1066 million loss in 3 months.

1 LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:02 pm

Teller

2 Re: LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:13 pm

shadow walker

3 Re: LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:27 pm

Teller

4 Re: LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:31 pm

Teller

5 Re: LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:40 pm

shadow walker

6 Re: LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 9:44 pm

shadow walker

7 Re: LIOC report Disaster_1066 million loss in 3 months. Mon May 18, 2015 11:39 pm

ccsentha

8 Re: LIOC report Disaster_1066 million loss in 3 months. Tue May 19, 2015 12:04 am

Quibit

9 Re: LIOC report Disaster_1066 million loss in 3 months. Tue May 19, 2015 6:21 am

nimantha80

10 Re: LIOC report Disaster_1066 million loss in 3 months. Tue May 19, 2015 8:10 am

shadow walker

11 Re: LIOC report Disaster_1066 million loss in 3 months. Tue May 19, 2015 9:01 am

Invest_Wisely

12 Re: LIOC report Disaster_1066 million loss in 3 months. Tue May 19, 2015 11:50 am

ccsentha

13 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 3:15 pm

Teller

14 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 7:22 pm

glad

15 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 7:45 pm

Arena

16 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 7:59 pm

Teller

17 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 9:01 pm

shadow walker

18 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 9:08 pm

fireshelter

19 Re: LIOC report Disaster_1066 million loss in 3 months. Thu May 21, 2015 9:23 pm

Arena

20 Re: LIOC report Disaster_1066 million loss in 3 months.

Sponsored content

New topics