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LIOC at this point

+7
D.G.Dayaratne
kkronline
stevenapple
Eng Krishantha
yellow knife
NilangaG
Santa
11 posters

Go down  Message [Page 1 of 1]

1LIOC at this point  Empty LIOC at this point Tue Aug 12, 2014 9:52 am

Santa

Santa
Manager - Equity Analytics
Manager - Equity Analytics

Seems the Iraq situation is toning down and the Ukraine situation also in a lesser importance state.
Would these point to favorable condition to LIOC?

Also India may also put it's oil prices down.

2LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 10:25 am

NilangaG


Manager - Equity Analytics
Manager - Equity Analytics

As many people believe, I also believe that this is a buy. PE is less than 10. There will be long turm benefits. I'm collecting now.

3LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 10:28 am

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

if we forget day to day oil price fluctuations , this is a good buy for long term.. Its maintaining an unnecessary high cash position... seems to be ready for growth or for dividends...what ever the option its healthy for investors.

4LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 10:33 am

Eng Krishantha

Eng Krishantha
Expert
Expert

yellow knife wrote:if we forget day to day oil price fluctuations , this is a good buy for long term.. Its maintaining an unnecessary high cash position... seems to be ready for growth or for dividends...what ever the option its healthy for investors.

Agreed..
 cheers cheers cheers 

5LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 3:56 pm

stevenapple


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

Eng Krishantha wrote:
yellow knife wrote:if we forget day to day oil price fluctuations , this is a good buy for long term.. Its maintaining an unnecessary high cash position... seems to be ready for growth or for dividends...what ever the option its healthy for investors.

Agreed..
 cheers cheers cheers 

Will see.Fair point.

6LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 6:41 pm

kkronline


Equity Analytic
Equity Analytic

It will certainly report poor numbers in nxt quarters. It is a certain buy at that time.

7LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 6:58 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

kkronline wrote:It will certainly report poor numbers in nxt quarters. It is a certain buy at that time.

How do you know?

8LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 7:24 pm

kkronline


Equity Analytic
Equity Analytic

Due to fluctuation in oil price, lioc does not have provision to adjust the price to customer accordingly. So consistent profitability is not possible. Also their lubricant business is strongly challenged by new optimized chevron and new joint venture between china company & lanka fuel

9LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 7:58 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

kkronline wrote:Due to fluctuation in oil price, lioc does not have provision to adjust the price to customer accordingly. So consistent profitability is not possible.  Also their lubricant business is strongly challenged by new optimized chevron and new joint venture between china company & lanka fuel

Oil price for the Q1 (01-1-2014 to 30-3-2014) period was above $100. But EPS was 2.26 under High oil price condition,
Q2(01-4-2014 to 30-6-2014) period oil price around $97 and company well performing so this quarter(Q2) definitely will earn higher profit than Q1 .…
Do you think this time EPS will be lesser than Q1

Anyway if you don’t like leave it…

10LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 7:59 pm

D.G.Dayaratne


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

I

KKronline

It appears that you do not like to price increase of LIOC

Can you reason out price increase or decrees of other shares also

If you can you will be a Millionaire with in a year



Last edited by D.G.Dayaratne on Tue Aug 12, 2014 8:03 pm; edited 2 times in total (Reason for editing : correction)

11LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 8:06 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

I am talking about world Oil price….
 Laughing Laughing

12LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 8:19 pm

kkronline


Equity Analytic
Equity Analytic

Sorry Friends. there is no thing like " i dont like LIOC".
I am really worried about their stability in profitability. Until oil deregulation will happen, LIOC is trapped or wings clipped. Moreover, Ukraine and Iran issue is still overhanging. So it will impact certainly their bottom line. But thier balance sheet is clean and they have strong Distribution channels. So it will be buy on decline than buy now.

13LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 8:38 pm

kkronline


Equity Analytic
Equity Analytic

Their Inventory is doubled this Quarter to take advantage of Lower Oil price ( probably) hence Negative cash flow from operations. But working capital is strained now.

14LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 8:38 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

mmmmmmmmmmh

15LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 8:46 pm

nemesis


Equity Analytic
Equity Analytic

there is no reason for decrease the profitability in third quarter,because the oil that they are distributing now should have brought 2 or 3 months back also they might have orderd for next two or month quantity now,that the way normally company like LIOC go about and tranction happen in NYMEX for oil normally for have at least 2 month forward

16LIOC at this point  Empty Re: LIOC at this point Tue Aug 12, 2014 8:56 pm

stevenapple


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

Seems to be testing time for LIOC.
Different opinions. Thanks all.

17LIOC at this point  Empty Re: LIOC at this point Wed Aug 13, 2014 1:05 am

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics

stevenapple wrote:Seems to be testing time for LIOC.
Different opinions. Thanks all.

Current global price and Sri lanka rupee stability will help LIOC to keep their EPS above Rs 2.50/-
might be Rs 3/- Because Q2 Global oil price around 97/- so big margin. There might be big dividend also. Analyse your self and Buy.

18LIOC at this point  Empty Re: LIOC at this point Wed Aug 13, 2014 8:13 am

Erandar


Stock Trader

It's bull run stopped with the poor March Qtr results. This time we see good quarter to quarter improvement.
Rs1.50 dividend still available as XD date is next month.

LIOC at this point  Lioc12

19LIOC at this point  Empty Re: LIOC at this point Wed Aug 13, 2014 8:43 am

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I held bullish views for two shares. REXP and LIOc. RExP showed that improved earning low PE ratio indicated drastic upward trend. LIOC is yet to prove that. LIOC is more liquid than REXP.. lets see

20LIOC at this point  Empty Re: LIOC at this point Wed Aug 13, 2014 9:02 am

Octopus

Octopus
Expert
Expert

yellow knife wrote:I held bullish views for two shares. REXP and LIOc. RExP showed that improved earning low PE ratio indicated drastic upward trend. LIOC is yet to prove that. LIOC is more liquid than REXP.. lets see

yes both good shares.I like both
why REXP is not liquid as LIOC?

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