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Sri Lanka Equity Forum » Stock Market Talk » Chicken getting ready to fly!

Chicken getting ready to fly!

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1 Chicken getting ready to fly! on Thu Feb 22, 2018 10:37 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

KEEP A CLOSE WATCH ON TAFL.

2 Re: Chicken getting ready to fly! on Thu Feb 22, 2018 10:41 am

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@samaritan wrote:
KEEP A CLOSE WATCH ON TAFL.
GRAN already moved up. Any idea how far BFL,GRAN, TAFL will go?

3 Re: Chicken getting ready to fly! on Thu Feb 22, 2018 10:50 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@glad wrote:
@samaritan wrote:
KEEP A CLOSE WATCH ON TAFL.
GRAN already moved up. Any idea how far BFL,GRAN, TAFL will go?
Following fundamentals are based on the last 04 Qtrs earnings of TAFL:

EPS    28/=

Book Value  126/=

PE  4

The price ought to appreciate.

4 Re: Chicken getting ready to fly! on Fri Feb 23, 2018 7:57 am

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Strongly recommend to buy GRAN...
Can be hit 90.00 on April....
Profit growing again......

5 Re: Chicken getting ready to fly! on Fri Feb 23, 2018 9:44 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Ran49 wrote:Strongly recommend to buy GRAN...
Can be hit 90.00 on April....
Profit growing again......
Fundamentals based on last 04Qtrs:

GRAN:

EPS 13/=., Bk value 95/=., PE 5.5

TAFL:

EPS 28/=., Bk value 126/=., PE 4

RECOMMENDATION:
TAFL: BUY

6 Re: Chicken getting ready to fly! on Fri Feb 23, 2018 1:56 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
All (GRAN, TAFL, BFL) Chickens will indeed fly!!!  Very Happy

Sri Lanka maize output to rise 32-pct in 2018 Maha as rains return

ECONOMYNEXT - Sri Lanka has raised a maize production forecast for the main Maha cultivation season in 2018 to 243,888 metric tonnes with 79 percent of the targeted are being cultivated by January as rains returned.

The department of agriculture said 69,500 hectares of maize had been sowed up to January 2018, up from only 45,245 in December, when only 153,978 metric tonnes of maize was expected.

The 2018 production target is up 32 percent from last year's 163,000 tonnes.

With the usually small Yala minor season output also down lastyear, poultry feed producer were hit, when they were forced by maize at high prices from third parties who had import licenses. The Yala production was only 38,484 metric tonnes.

Direct import licenses with quotas had been given to key feed millers now.

Sri Lanka has protected maize cultivation with import duties and it is not a traded product as a result, and production costs are also higher. (Colombo/Feb23/2018)

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