CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)

GOSL wrote:
Island-wide raids on low quality lubricants

​​​​​​​
The Consumer Affairs Authority (CAA) has decided to investigate the import, production, distribution and sale of lubricants and related products in Sri Lanka from today due to the increase of consumer complaints on low-quality lubricants in the market.

Accordingly, the raids on illegal lubricants products will be carried out island-wide by CAA with the assistance of the Public Utilities Commission of Sri Lanka (PUCSL), the shadow regulator of the lubricant market of Sri Lanka.

A large number of illicit lubricant products were seized in 15 raids yesterday (17th Feb 2020) and the value of the products is estimated to be around 2.5 million rupees

Sanju121 wrote:

GOSL wrote:
Island-wide raids on low quality lubricants

​​​​​​​
The Consumer Affairs Authority (CAA) has decided to investigate the import, production, distribution and sale of lubricants and related products in Sri Lanka from today due to the increase of consumer complaints on low-quality lubricants in the market.

Accordingly, the raids on illegal lubricants products will be carried out island-wide by CAA with the assistance of the Public Utilities Commission of Sri Lanka (PUCSL), the shadow regulator of the lubricant market of Sri Lanka.

A large number of illicit lubricant products were seized in 15 raids yesterday (17th Feb 2020) and the value of the products is estimated to be around 2.5 million rupees

LLUB will be above 100 in future.

Main reason is that Base oil(Main material for Lubricant) in market got lowest comparing to 5 year period...within two or three quarters will will see a major profitability..Current management is very good and motivated to drive the company to new phase....

I could see a major collection going on LLUB... Invest wisely...

BUY WHEN DUMMIES SELL 
SELL WHEN DUMMIES BUY  

ampm86 wrote:

Sanju121 wrote:

GOSL wrote:
Island-wide raids on low quality lubricants

​​​​​​​
The Consumer Affairs Authority (CAA) has decided to investigate the import, production, distribution and sale of lubricants and related products in Sri Lanka from today due to the increase of consumer complaints on low-quality lubricants in the market.

Accordingly, the raids on illegal lubricants products will be carried out island-wide by CAA with the assistance of the Public Utilities Commission of Sri Lanka (PUCSL), the shadow regulator of the lubricant market of Sri Lanka.

A large number of illicit lubricant products were seized in 15 raids yesterday (17th Feb 2020) and the value of the products is estimated to be around 2.5 million rupees

LLUB will be above 100 in future.

Main reason is that Base oil(Main material for Lubricant) in market got lowest comparing to 5 year period...within two or three quarters will will see a major profitability..Current management is very good and motivated to drive the company to new phase....

I could see a major collection going on LLUB... Invest wisely...

BUY WHEN DUMMIES SELL 
SELL WHEN DUMMIES BUY  

I don't think it will pass 100 in near future.

Sanju121 wrote:

ampm86 wrote:

Sanju121 wrote:

GOSL wrote:
Island-wide raids on low quality lubricants

​​​​​​​
The Consumer Affairs Authority (CAA) has decided to investigate the import, production, distribution and sale of lubricants and related products in Sri Lanka from today due to the increase of consumer complaints on low-quality lubricants in the market.

Accordingly, the raids on illegal lubricants products will be carried out island-wide by CAA with the assistance of the Public Utilities Commission of Sri Lanka (PUCSL), the shadow regulator of the lubricant market of Sri Lanka.

A large number of illicit lubricant products were seized in 15 raids yesterday (17th Feb 2020) and the value of the products is estimated to be around 2.5 million rupees

LLUB will be above 100 in future.

Main reason is that Base oil(Main material for Lubricant) in market got lowest comparing to 5 year period...within two or three quarters will will see a major profitability..Current management is very good and motivated to drive the company to new phase....

I could see a major collection going on LLUB... Invest wisely...

BUY WHEN DUMMIES SELL 
SELL WHEN DUMMIES BUY  

I don't think it will pass 100 in near future.

OK,,,Have you check the order book?Thanks for your feedback
yes I have checked :D:D

Sanju121 wrote:https://www.cse.lk/home/company-info/LLUB.N0000/financial

ThilinaM wrote:how llub give all eps as dividents?? are there no legal limits

wgsaman wrote:

Sanju121 wrote:https://www.cse.lk/home/company-info/LLUB.N0000/financial

Hi,
There is no legal limit. They can pay more than EPS if they need

nuwanmja wrote:Guys, do you know why LLUB price down ?

ErangaDS wrote:2019-
EPS 8.75
DPS 7.75
1) crude oil were traded above $60/per barrel troughout 2019
2) The company has managed to increase their market share by 6-8% during the year ( currently having 44% share of lubricant market in Sri Lanka )
“After two consecutive years of de-growth, the Retail channel demonstrated a growth of 4% over prior year by introducing low end cheaper products to the market (Annual report)
3)Increased Export volumes (Bangladesh) by 18%

2020- Covid 19 & going ahead-
1) Top line could be reduced due to Covid 19 impact on the economic activities but it will off set by the reduction Crude prices(almost 50% reduction).There for very little or no impact on the bottom line.

  “Sri Lanka generated 12,46,863 MWh of electricity in January, 1,228,279 MWh in February, 1,206,069 MWh in March and 964,043 MWh in April 2020.Coal has contributed 41 per cent for the total electricity generation in Jan – Apr 2020 while Major hydro has contributed 21 per cent, and thermal oil has contributed 38 per cent.
- since being a major contributor to the thermal oil energy generators , this will help the companies revenue generation during the hard hit first quarter due to lockdown.

2) Going forward the company will get strong competition mainly from CEPETCO & LIOC, but being the market leader they are in a good position by adopting good strategies to increase the local market as well as the foreign markets.

*Dividend policy would be the most attractive factor when it comes to LLUB*
The company known for paying earnings as dividends
I’m expecting them to do the same earnings as last year,RS 8.75 & to declare a Dividend of 8.5RS ( mainly due to cash flow issues facing by its parent company in the US , due to lockdown & lower oil prices)

Currently LLUB trading @ 68 (12.5% dividend yield) where as FD rates around 7-8% .
I’m expecting LLUB to come back to its glory days with 10+ earnings  when the economic activities started to picked up(post Covid)
*This is an another share similar to RCL , has the ability to trade above 100 in the medium term.
********I’d buy this as an investment for the long term*******

suku502 wrote:most probably there should be a dividend this month   lets see