why LIOC silent

Mega man · 1 why LIOC silent Sat Apr 23, 2016 5:55 pm

Mega man

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i think lioc very good company but very silent yet

Mr. Belfort · 2 Re: why LIOC silent Sat Apr 23, 2016 7:45 pm

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Apparently you have missed one chance. LIOC was on a hike since the beginning of March. It was Rs. 30/- on 08th March and by 18th April It was Rs. 37/-. There was a second chance of entering at Rs. 32/-. LIOC is taking a breath now. Even 36/- is not a bad price if u r willing to take the risk. I don't hold LIOC at the moment ( Sold at 36/- waiting for buying around 34.50, if a chance arise.)

PS: this is only my personal opinion. Not a recommendation.

A+ · 3 Re: why LIOC silent Sun Apr 24, 2016 7:19 am

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LIOC management is not trustworthy. They are suspected to manipulate financials because they won't to channel money to their holding company. If you trace back their financial reports for the last 4 quarters and relates it to the trend of world oil prices and Sri Lanka fuel prices they failed to report any improvement in profitability which is highly suspicious. That's why this share is at current levels. This share is not suitable to buy when it goes up because risk is very high.

Mr. Belfort · 4 Re: why LIOC silent Thu Apr 28, 2016 1:53 pm

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Mega man wrote:i think lioc very good company but very silent yet

hope u noticed the small ball game today !

Mega man · 5 Re: why LIOC silent Thu Apr 28, 2016 8:46 pm

Mega man

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Mr. Belfort wrote:

Mega man wrote:i think lioc very good company but very silent yet

hope u noticed the small ball game today !

but i wish after realize annual report it will reach more than 42. management is not very good but last 3,4 month world crude oil price (30-40)$ range. that price is very low comparing last 2-3 years. but our petrol ,diesel prices are not change after 2015 january .when reduce our petrol diesel price world market crude oil price (50-60)$. you can history world crude oil price variation in below site

http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=2y

i think lioc is low rick shear in current situation. this is my opinion sometime may be wrong

Teller · 6 Re: why LIOC silent Thu Apr 28, 2016 9:15 pm

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I expect further decline of prices

Mr. Belfort · 7 Re: why LIOC silent Thu Apr 28, 2016 10:13 pm

Mr. Belfort

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Mega man wrote:

Mr. Belfort wrote:

Mega man wrote:i think lioc very good company but very silent yet

hope u noticed the small ball game today !

but i wish after realize annual report it will reach more than 42. management is not very good but last 3,4 month world crude oil price (30-40)$ range. that price is very low comparing last 2-3 years. but our petrol ,diesel prices are not change after 2015 january .when reduce our petrol diesel price world market crude oil price (50-60)$. you can history world crude oil price variation in below site

http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=2y

i think lioc is low rick shear in current situation. this is my opinion sometime may be wrong

on the contrary, LIOC do have some risk. It can fall at the same rate it climbs up. As I said earlier I expected it to drop at least to 34.50/-. Anyways, it has the potential to touch 40 but advice you not to be too greedy Wink