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Sri Lanka Equity Forum » Stock Market Talk » TAFL future

TAFL future

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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".

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