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Sri Lanka Equity Forum » Stock Market Talk » LANKA IOC PLC (LIOC.N0000)

LANKA IOC PLC (LIOC.N0000)

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61LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Aug 26, 2016 2:38 pm

Gainer


Associate Director - Equity Analytics
Associate Director - Equity Analytics
Govt allow to do the oil business for every one can import.

62LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Aug 26, 2016 2:59 pm

thala


Equity Analytic
Equity Analytic
This is from brs, we hav to now analyse the bottom price of it

Excise duty on Diesel has been increased by LKR 10 to LKR 13 (previous - LKR 3) with effect from 20th August 2016, according to Ceylon Petroleum Corporation. However, the news is not made public as yet and no indication of retail price hike can be recognized. Therefore, we believe that the company will have to absorb the increased tax amount as a cost.
 
Considering the latest financial data, we have come up with the possible impact on the margins as follows. Our calculations indicate a ~400 basis points drop in GP margin and LKR ~750mn bottom line hit per quarter (EPS impact - LKR 1.41 per quarter)

63LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Aug 26, 2016 4:33 pm

karuna


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@karuna wrote:Good lesson .

Ma parath kawadoo sarata . Lioc only valid long term this share new innocent people's money killing
Who promote with such a baila.  

I nothing to say anything about them.

Lioc don't have a branded products as a example servo lubricant oils selling very cheap prices in the market.  Who like to buy India industry cheap products . No one accept Indian product . Probably can't use longer.  

U know aaf it also shiting Indians and never return profit . They keeping there profit . And wasting innocent people's time 
Aaf now nearly 4 years puka india going same same place. 

However carefully with Indian's . We nothing discuss about India games. 

Great share never mislaid there investors.  
Do your best investment to best shares

64LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Aug 26, 2016 5:58 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics
http://www.dailymirror.lk/114772/Diesel-production-tax-increased

The Government has increased the production tax on diesel by Rs. 10 per liter with effect from August 20, the Finance Ministry announced today. Accordingly, the production tax on diesel has been increased to Rs. 13 from Rs. 3. Ministry said the market price of diesel would not be increased due to the new tax revision. The ministry said the crude oil prices in the world market have declined and the Government has revised the production tax on diesel in order to claim the advantage from the world oil price decline. 

65LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Aug 26, 2016 6:26 pm

Brinthan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Now everything finish...

EC sir already alert regarding this share...No body care..Ec sir hats off....We can't trust this share anymore...I will pray for retail buyers...Don't caught promotions....

66LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Aug 26, 2016 7:19 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Brinthan wrote:Now everything finish...

EC sir already alert regarding this share...No body care..Ec sir hats off....We can't trust this share anymore...I will pray for retail buyers...Don't caught promotions....


I dont have LIOC

i bought 2014 and sold 2014

I like to say something about this tax.

Production Tax increase now. this tax is depending on world market crude oil. if they keep oil price at same level then Tax should be vary time to time. this is similar to price formula.

now sri lankan market receiving 25-35 USD crude oil. thats why they have increase production tax. if not LIOC will get high profit during next two quarters.

last time oil price fixed according 54 USD Base (27.01.2015)

then after Rupee depression around 12-13%. then considering Crude Oil Price is 54* 13% = 47 USD

if crude oil price stay on 47 USD. then LIOC  making profit. so then another 11% tax increase new considering Crude oil Price is = 41.8 USD, current Brent oil price is 49 USD.

but in the sri lankan market now we receiving 25-35 Range oil. LIOC has enough profit. with this tax also they can make 1-2 Rupees per quarter.

now also they can make 5-6 Rupees per year very easily.

this is my idea. I dont have LIOC. i said this bcz some people panic and  making loss without thinking.

67LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Sun Aug 28, 2016 3:20 am

Teller

Teller
Moderator
Moderator
I think government has done correct thing. That's why I said earlier post regarding LIOC ,
We can't expect much from LIOC .


_________________




Teller said is said..

68LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Sun Aug 28, 2016 9:41 pm

thala


Equity Analytic
Equity Analytic
Guys any thoughts on tomorrows price,  i think may be 1 or 2 rs up by market close due to the huge fall on Friday 
 Or will it have further 1 or 2 rs fall extended losses due to the tax  increase?

69LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Mon Aug 29, 2016 7:29 am

EquityChamp

EquityChamp
Moderator
Moderator
More chances are to come down and settle around 35 hen the next quarter result is out. Will add some pressure on market index as well.
Thanks

70LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Mon Aug 29, 2016 7:35 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@samaritan wrote:
@predictor wrote:Previous uncertainty situation changed with the new government. No need to run the petrolium at a loss by giving concessions. When the Formula is introduced profits will not changed drastically. Pricing formula is to make profits and not to incur losses. Most of the Countries where they have formula petrol/Diesel prices are higher than Srilanka.

EPS will be at least Rs. 10/-. from the present activities. With the planned new activities like distribution etc more chances are there to have a better EPS. That means LIOC should touch at least 80/-.(10/-*8 P/E)
A JUSTIFIABLE PREDICTION BY PREDICTOR!
What is your MM tool predicts!!!

71LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Mon Aug 29, 2016 9:10 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
According to Bartleet Religare Securities the effect of increase in production tax is expected to hit eps of LIOC by Rs 1/41 per quarter.

OK, now the 1st Qtr eps was 3/75. expected eps after allowing for tax increase for the balance qtrs will be 3/75 less 1/41 = 2/34.

So, annualized eps (after tax increase) = Rs 10/77.
Still the share price has the potential to trade at a minimum of 60/= the least.

At the end of the day intelligent investors are collecting in a big way even at the closing stages of trading on last Friday. Where as the innocents are misled to sell their shares by unscrupulous elements.

Wish to invite experts comments please.

72LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Mon Aug 29, 2016 10:59 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
[size=33]Excise duty on diesel increased to Rs13 a litre; LIOC down 9.7 pct[/size]
Author LBO
Posted on August 26, 2016  | CommodityEconomy

"Aug 26, 2016 (LBO) – Sri Lanka’s government has raised excise duty on diesel by 10 rupees a litre to 13 rupees, the Finance Ministry said in a statement.
Although the excise duty on diesel was raised three days ago, no public announcement was made until Friday.
The share price of LIOC fell to 37.80 rupees, down 9.7 percent, on the Colombo Stock Exchange Friday with 215 million rupees of shares traded, raising questions whether the announcement had been made to the market before the shares were sold.
Bartleet Religare Securities said the hike will erode profit margins of the listed Lanka Indian Oil Corporation.
“LIOC will have to absorb the increased tax amount as a cost since there was no indication of a retail price hike,” Bartleet Religare Securities said.
“Our calculations indicate around a 400 basis points drop in gross profit margin and 750 million rupees bottom line hit per quarter.”

73LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Mon Aug 29, 2016 12:34 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics
The best thing to do is buy in small quantities and average down cause we never know the bottom but all we know is LIOC is a good share to have in your portfolio.

Happy Trading

74LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Mon Aug 29, 2016 12:37 pm

NZ BOY

NZ BOY
Moderator
Moderator
introducing the pricing formula which is again a good thing. A win win situation for every body.

75LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Tue Aug 30, 2016 3:25 pm

thala


Equity Analytic
Equity Analytic
Seems lioc recovered from the great fall, now we have 
to wait for the next cycle of selling to begin as close to 9 to 10 mn shares traded in the range of 35.8 to 41.60 just alone in the last week. Is those buyers decided to hold it for some time until the ex dividend date then atleast we can expect this to trade above 42.

76LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Tue Aug 30, 2016 10:39 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics
Not 42 this will pass 50 easily

77LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Wed Aug 31, 2016 9:14 pm

thala


Equity Analytic
Equity Analytic
http://asianmirror.lk/news/item/18688-request-made-to-raise-increase
 
Lanka IOC has requested permission from government to introduce a fuel price hike after the diesel production tax was increased.

The company says the increase of the diesel production tax from Rs 3 to Rs 13 has increased their production cost by 56 percent.

The company also claims that it has affected the production of petrol as well.

It is reported that Lanka IOC has requested for a meeting with Minister of Petroleum and Petroleum Gas Chandima Weerakkody.

78LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Thu Sep 01, 2016 10:54 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ravi K will give some concession to CPC after discussion

with Chandima W

No price increase Tax will be reduced

LIOC will be benefited continuously because of CPC

CPC cost is very high because of inefficiencies mainly due to unproductive employment by Politicians

Profit of LIOC will increase year by year
Share prices also will increase

I hope next week around 45/=

79LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Sat Sep 03, 2016 5:21 pm

thala


Equity Analytic
Equity Analytic
Anyone has any news on LIOC will there be a reduction in tax?

80LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Sun Sep 04, 2016 7:06 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Positive

This counter is undervalued as per EPS(Q) 3.75 EPS(A) 15

Oil prices are still low at world market

Negative

But sentiments are against this counter.

This quarter LIOC profit 1 900M(1.9B). Indian oil corporation gets 1900 X .75 =1425M out 1900M profit.Even Gamini Lokuge refer this in balaya political program.So whenever profit go up,pressure will come from several quarters like JVP,etc. 

This is essential items.Government will often intervene on behalf of people or presserised by opposition.

81LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Sep 09, 2016 4:31 pm

thala


Equity Analytic
Equity Analytic
Minor uptrend today probably because of selling drying out, any thoughts on this guys or any latest info on this?

82LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Fri Sep 09, 2016 11:45 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Until CPC is there LIOC will have good profits

CPC cost is very high because of political appointments

LIOC price wiil go up with the time and

Present trend is abnormal

83LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Sat Sep 10, 2016 4:50 am

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@thala wrote:Minor uptrend today probably because of selling drying out, any thoughts on this guys or any latest info on this?
If you have this just hold. You will amazed.

84LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Wed Sep 14, 2016 9:24 pm

happybulls

happybulls
Equity Analytic
Equity Analytic
Sept 14, 2016 (LBO) – A proposal for automatic fuel pricing has been accepted in principle, Sri Lanka’s Petroleum Minister Chandima Weerakkody said on Wednesday, adding a timeline for implementation has not yet been decided.
“The Finance Ministry and relevant committees are discussing the details. My proposal has been accepted in principle,” he said, speaking to media.
According to commitments to the International Monetary Fund, the Ministry of Finance has promised to introduce a fuel pricing mechanism that ensures retail fuel prices are above cost-recovery levels by December 2016.

85LANKA IOC PLC (LIOC.N0000) - Page 4 Empty Re: LANKA IOC PLC (LIOC.N0000) on Wed Sep 14, 2016 9:30 pm

happybulls

happybulls
Equity Analytic
Equity Analytic
I am confident that this time pricing mechanism will come by December.Also witnessed 2.7 Mn foreign inflow today?? This will be a happy news for LIOC share holders...

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