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    Lanka IOC PLC is engaged in importing, selling and distribution of petroleum products. The Company's products include fuel, bitumen and bunkering. The Company operates through two segments: local sales and export sales. Its fuel is available in various categories, such as auto fuel, including diesel and petrol, and industrial fuel, including light diesel oil. Its bitumen includes bitumen 60/70 and bitumen 80/100. Its bunkering includes marine fuel, such as IFO 180 cst, marine gas oil and IFO 380 cst. The Company's holding company is Indian Oil Corporation Limited.
    "The best values today are often found in the stocks that were once hot and have since gone cold"

  • #2
    Financial Performance- Period ended 30 June 2018

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    Last edited by ruwan326; 08-13-2018, 02:41 PM.

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    • #3
      Struggling at 30 Rupees. It could be though some are determined to collect more without upsetting the prices
      "The best values today are often found in the stocks that were once hot and have since gone cold"

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      • #4
        yep
        I saw 30 acted as strong support for several times
        could we have short run from 30 to 32.50 level ?
        Any idea ?
        BE A FRIEND OF A TREND AT BEGINING

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        • #5
          Originally posted by NEWER1 View Post
          yep
          I saw 30 acted as strong support for several times
          could we have short run from 30 to 32.50 level ?
          Any idea ?
          Will have a closer look.

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          • #6
            every month fuel prices review should be considered a plus plus for this. Also contemplating on gas price review another positive move and surely what this sector has to offer in the near future. Big institutionals will seek investment in strategic areas of the economy.
            "The best values today are often found in the stocks that were once hot and have since gone cold"

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            • #7
              This is your bride , you have selected well.

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              • #8
                Each day i am becoming more confident looking at the price firmness, not going below 30. should rise to the occasion very soon.
                "The best values today are often found in the stocks that were once hot and have since gone cold"

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                • #9
                  Originally posted by SHARK View Post
                  Each day i am becoming more confident looking at the price firmness, not going below 30. should rise to the occasion very soon.
                  One of the shares which did not give me any returns on few tries. Will see this time.

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                  • #10
                    I saw some light interest to push beyond 30 last 2 days. Not sure how reliable the intentions were. Price revision every month is putting this darling top of my list. This will be the 1st quarter to see its turnaround.i see minimum rs 2.5 appreciation in come weeks, ideally again towards 35+
                    "The best values today are often found in the stocks that were once hot and have since gone cold"

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                    • #11
                      Fuel price hike time again isnt it....
                      "The best values today are often found in the stocks that were once hot and have since gone cold"

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