Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» ALHP WILL MOVE UP SOON
by Ran49 Today at 7:38 am

» Need Healp
by Imanka.Amarakoon Yesterday at 1:57 pm

» SL has negative outlook as of January 2018 - Moody’s
by ranferdi Yesterday at 12:22 pm

» Tea Auction -Jan -18
by wisdom Yesterday at 11:41 am

» Political instability???
by Yahapalanaya Fri Jan 19, 2018 6:18 pm

» Wiser's TA Chart Room
by wiser Fri Jan 19, 2018 2:47 pm

» Sri Lanka’s USD500mn development bond oversubscribed
by ranferdi Fri Jan 19, 2018 1:09 pm

» CITH AMALGAMATION....
by Miss-Sangeetha Thu Jan 18, 2018 6:26 pm

» Don't Go to LB Finance...LEE BONNA FINANCE...
by venura Thu Jan 18, 2018 5:44 pm

» HVA getting ready once more
by anjelo Thu Jan 18, 2018 1:23 pm

» BERU.N0000
by lakmal87 Wed Jan 17, 2018 11:48 pm

» sira.......2.40/=
by TuTanKaman Wed Jan 17, 2018 2:32 pm

» TIME TO BUY KZOO.........
by max shanu Wed Jan 17, 2018 1:05 pm

» RAL.N at Rs2.40
by lakmal87 Tue Jan 16, 2018 7:04 am

» ONLY GOODNESS OF YAHAJADAAPLANAS
by Ryan Hudson Tue Jan 16, 2018 5:50 am

» Pan asia power PAP
by Ran49 Mon Jan 15, 2018 8:11 am

» Lanka Cement
by Ran49 Mon Jan 15, 2018 8:09 am

» CTBL-Rights
by ruwan326 Fri Jan 12, 2018 11:57 am

» US revamps travel warning system; SL gets an okay
by TraderCSE Fri Jan 12, 2018 8:07 am

» What do you expect in CSE performance prior to LOCAL GOVT.ELECTIONS?
by ONTHEMONEY Thu Jan 11, 2018 10:35 am

» best stocks to buy now
by ranferdi Thu Jan 11, 2018 8:49 am

» FATAL ATTRACTION??????????
by samaritan Wed Jan 10, 2018 11:13 am

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by 2017 Cse Tue Jan 09, 2018 11:02 pm

» Treasury posts Rs22bn primary surplus in Budget, first time in 63 years
by kovida Tue Jan 09, 2018 4:23 pm

» UNION BANK (UBC)
by peiris Tue Jan 09, 2018 2:42 pm

HashFlare

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » TAFL future

TAFL future

View previous topic View next topic Go down  Message [Page 1 of 1]

1 TAFL future on Mon Jul 10, 2017 12:03 pm

nigma


Manager - Equity Analytics
Manager - Equity Analytics
Can someone make a prediction on TAFL please.......

2 Re: TAFL future on Mon Jul 10, 2017 3:51 pm

Teller

avatar
Moderator
90-95 levels

3 Re: TAFL future on Tue Jul 11, 2017 10:16 am

kcrRanz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TAFL & gran BOTH WILL FURTHER DOWN.... Better nt to touch

4 Re: TAFL future on Tue Jul 11, 2017 11:00 am

samaritan


Vice President - Equity Analytics
Vice President - Equity Analytics
@Teller wrote:90-95 levels
May i know the basis of this forecast for TAFL having strong fundamentals.

PE = 3.81 , EPS = 31/46 (based on last 4 qtrs)
book value = 110/=

01st Qtr 2017 EPS = 8/03.

Follow the chicken instead of wanting to be rich & following 'RICH' and ending up poor!

5 Re: TAFL future on Tue Jul 11, 2017 4:28 pm

samcader


Manager - Equity Analytics
Manager - Equity Analytics
TAFL  closed  at  124/  today  there  were  price  gains  in  BFL  and  GRAN  as  well  it  appears  that  the  chicken  run  has  started.

6 Re: TAFL future on Wed Jul 12, 2017 8:00 am

Deen79


Equity Analytic
Equity Analytic
BFL management bought 60K yesterday.

7 Re: TAFL future on Wed Jul 12, 2017 10:13 am

ONTHEMONEY


Manager - Equity Analytics
Manager - Equity Analytics
Hi Guys,

I looked at the maize price in SL which has a 70% weight on profitability of poultry companies. The prices have increased in 1Q 2017 against the preceding period 2016.

However, maize price of 2Q 2017 is lower than 2Q 2016. Please refer the following link.

http://www.indexmundi.com/commodities/?commodity=corn&months=60¤cy=lkr

This would be good indication of performance in poultry sector in 2Q 2017.


Good Luck

8 Re: TAFL future on Wed Jul 12, 2017 11:06 am

samaritan


Vice President - Equity Analytics
Vice President - Equity Analytics
@ONTHEMONEY wrote:Hi Guys,

I looked at the maize price in SL which has a 70% weight on profitability of poultry companies. The prices have increased in 1Q 2017 against the preceding period 2016.

However, maize price of 2Q 2017 is lower than 2Q 2016.

You have stated that maize price of 2Q 2017 is lower than 2Q 2016.

TAFL 2Q 2016 eps was 6/22. So allowing for the price change we can reasonably expect an eps of 7/= for 2Q 2017.
TAFL recorded an eps of 8/= for 1Q 2017. Hence, even if maize price does not come down the expected eps for 2017 may be around 29/=, resulting in a PE around 4 based on CMP trading at a substantial discount.

9 Re: TAFL future on Wed Jul 12, 2017 12:14 pm

nigma


Manager - Equity Analytics
Manager - Equity Analytics
teller .....kiyapu 90/95  ganata TAFL ganna thawa kochchara kall enna  weida....

10 Re: TAFL future on Wed Jul 12, 2017 12:17 pm

sameboy

avatar
Manager - Equity Analytics
Manager - Equity Analytics
@nigma wrote:teller .....kiyapu 90/95  ganata TAFL ganna thawa kochchara kall enna  weida....
Pau Tellerta collect karaganna beri welaa Gran Bfl Tafl.

11 Re: TAFL future on Wed Jul 12, 2017 7:38 pm

Teller

avatar
Moderator
No need to teach me about these shares . I have sold BFL 400+ levels, TAFL 160/- levels. But I will not play with animal lives any more. I didn't see the reality when I was investing before on these shares. But I know now the pain of these innocent animals.
How ever I don't see much bullish factor on TAFL rather than its crowd behaviour. It should trade 95 levels based on market leader or peer in the comparative industries. So it wise to touch below 100/- if any interest but own on your risks. Government is going to have an agreement with India for agri products as well as increase of production taxes for chicken due to health issues. This industry is going to monitor sharply in coming years with regulations.
TAFL performance has down compare to last year and will continue further.

12 Re: TAFL future on Wed Jul 12, 2017 8:31 pm

DS Wijesinghe


Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:No need to teach me about these shares . I have sold BFL 400+ levels, TAFL 160/- levels.  But I  will not play with animal lives any more.    I didn't see  the reality when I was investing before on these shares. But I know now the pain of these innocent animals.
How ever I don't see much bullish factor on TAFL rather than its crowd behaviour.  It should trade 95 levels based on market leader or peer  in the comparative industries.  So it wise to touch below 100/- if any interest  but own on your risks. Government is going to have an agreement with India for agri products as well as increase of production taxes for chicken due to health issues. This industry is going to monitor sharply in coming years with regulations.
TAFL performance has down compare to last year and will continue further.

Dear Teller,

Now I understand the basis of your forecasts on GRAN.

The single most important thing you said is" I don't like the animal industry" and you are switched off to animal industry and no longer love the businesses operating in that industry.

One of the cardinal rules in sound investing is, "Never touch a business which you don't like. Always invest in a business from an industry which you love and understand".

I shall extend this fundamental rule further to say, "Do not rely on forecasts or investing advice given on a particular stock by a person who doesn't like nor believe the industry that business is in".

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum