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
Submit Post
Submit Post

Latest topics

» ඉන්ධන මිල සූත්‍රය මෙන්න
by ruwan326 Yesterday at 7:34 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 7:29 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 5:53 pm

» Dreams of big profits as marijuana becomes legal in Canada
by janith123 Yesterday at 3:07 pm

by Maharaja Yesterday at 1:57 pm

» $ 1 b from China Development Bank in Sri Lanka today
by ruwan326 Yesterday at 10:20 am

» US Share Market Crash Seems to Good for Sri Lankan/Asian Share Market and Currencies
by Yahapalanaya Yesterday at 9:59 am

» Banking sector profits seen losing steam ahead of 3Q earnings season
by Yahapalanaya Yesterday at 9:50 am

» Dr. Ali Gulamhusein resigns from People’s Leasing board, amid litigation/floundering listed companies
by ruwan326 Yesterday at 7:24 am

» Sri Lanka to revoke rogue bikini ban
by ruwan326 Yesterday at 6:58 am

by ruwan326 Wed Oct 17, 2018 8:43 pm

by ruwan326 Wed Oct 17, 2018 8:38 pm

» EPF needs governance overhaul to invest in Sri Lanka stock market
by janith123 Wed Oct 17, 2018 4:58 pm

» MD behave like ANIMAL
by janith123 Tue Oct 16, 2018 4:48 pm

» Sri Lanka may be one of few countries who takes ridiculous tax
by soileconomy Tue Oct 16, 2018 7:50 am

by ruwan326 Tue Oct 16, 2018 7:27 am

» Stock Broker Companies for sale
by janith123 Mon Oct 15, 2018 9:26 pm

» Fresh push to woo UK investors to SL
by ruwan326 Mon Oct 15, 2018 8:03 pm

» Central Bank will intervene if rupee moves on speculation – official
by Yahapalanaya Mon Oct 15, 2018 6:18 pm

by Yahapalanaya Mon Oct 15, 2018 6:15 pm

» Nimal returns to stock market
by sapumal Mon Oct 15, 2018 4:53 pm

» Stock price decline leaves John Keells (JKH) vulnerable to a takeover by Sri Lanka’s oligarchs
by ruwan326 Mon Oct 15, 2018 8:08 am

» අනං## මනං ##
by ruwan326 Sat Oct 13, 2018 9:45 pm

» Weekly Stock Market Roundup
by Insights Equity Fri Oct 12, 2018 8:55 pm

» Dealing by directors
by ruwan326 Fri Oct 12, 2018 8:08 pm

» Summary of Key Announcements during the week
by ruwan326 Fri Oct 12, 2018 8:06 pm

» Arjun Alosius and Mano Thittawella
by janith123 Fri Oct 12, 2018 5:29 pm

» Global stock markets plunging, Sri Lanka’s CSE takes no notice - 11 October 2018
by EquityChamp Fri Oct 12, 2018 2:24 pm

» Stock Market Cartoons
by ruwan326 Fri Oct 12, 2018 1:42 pm

by EquityChamp Thu Oct 11, 2018 10:26 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » BFL & poultry Stock

BFL & poultry Stock

Go down  Message [Page 1 of 1]

1 BFL & poultry Stock on Thu Oct 04, 2018 2:47 pm


Equity Analytic
Equity Analytic
I noticed BFL Chairman is buying up stock at current levels. Anyone else think Poultry will pick up soon? I hold Gran and BFL and BPPL. Lost almost 2M LKR on LLUB and Parq and TJL. Determined to hold onto these and not lose more or sell at a loss.

2 Re: BFL & poultry Stock on Thu Oct 04, 2018 9:01 pm


Equity Analytic
Equity Analytic
With the dawn of tourist season and festivals .this sector can be good .but still highly riskier area with media report and health problem s with chicken.

3 Re: BFL & poultry Stock on Fri Oct 05, 2018 10:49 pm

DS Wijesinghe

Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Dear Deen
Both GRAN & BFL stocks are trading around 58% and 52% of their Net Assets Values (NAVPS) respectively. Any investor who buy these stocks at current levels enjoy a huge Margin of Safety on their investment against any possible price declines in future

In addition GRAN is one of the most undervalued stocks in the CSE currently as it is trading even below the Net Current Asset(net working capital) Value per share. So in current market, investors will not have to pay for GRAN's fixed assets and it is very uncommon to find hugely undervalued stocks of this nature in a stock market

Net Current Asset (Working Capital )value per share = Total CURRENT ASSETS - TOTAL LIABILITIES(including Long Term Liabilities)/ No. of Shares

Last traded price Rs. 58.10Rs.120
NAVPS-2Q 2018100.15230.38
Stock price as % of NAVPS58%52%
Net current asset value per share Rs. 68.30Rs. 30.48
Stock price as % of NCAVPS 85%394%
Price difference of Stock price & NCAVPS   (Rs. 10)  +Rs.90
CAGR = Compounded Annual Growth Rate 

GRAN 6 year CAGRBFL 8 year CAGR
Turnover         6%        9%
Net Profit after tax         17%        15%
Earnings per share         15%        15%
Net asset value per share         12%        21%
Dividend per share Not consistent        9.8%

Please note that Net Profits and EPS of both companies are doubling roughly around every 5 years

Though past performances are no guarantee of future they give glimpses of the future ahead. The annual Chicken meat consumption per person has grown to 7.5 Kg from 5.7 Kg in 2011 at a CAGR of 5%. Also during the last 3 years the Return on Equity (ROE) have been in double digits for both GRAN & BFL

The downside are LKR depreciation, price and quality of maize upon which their results depend

I do not hold any BFL but have bought GRAN @ 82/- @ mid 74/- and @ 62/- and looking to hold for a minimum of another 5 years. Will probably buy a further quantity if the price drops to 50.

4 BFL & poultry Stock on Mon Oct 08, 2018 1:23 pm


Equity Analytic
Equity Analytic
Hello DS Wijesignghe,

Thank you very much for your analysis and views. I agree with you too and i am holding. I really do appreciate your in depth analysis. Thanks a lot!


5 Re: BFL & poultry Stock on Mon Oct 08, 2018 3:06 pm

DS Wijesinghe

Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
You are welcome Deen

6 Re: BFL & poultry Stock on Mon Oct 08, 2018 8:26 pm


Equity Analytic
Equity Analytic
Gran and Bairaha good counters.But,all depend on market direction.

Back to top  Message [Page 1 of 1]

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