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
Sri Lanka Equity Forum
Sri Lanka's leading discussion forum for Stock Market Investors since 2010.
Statistics
We have 20021 registered users
The newest registered user is CooperOr

Our users have posted a total of 324207 messages in 49820 subjects
Poll

SLEF Market Sentiment Indicator

73% 73% [ 1132 ]
27% 27% [ 418 ]

Total Votes : 1550

Latest topics
» Can anyone explain ?
by Neluka Karannagoda Today at 12:04 am

» WELCOME MANGALA
by kovida Yesterday at 10:00 pm

» VFIN DIVIDEND
by Harry82 Yesterday at 8:14 pm

» KZOO ANY IDEA OF THE PRICE BEFORE RIGHTS?
by Eugine Fernando Yesterday at 2:36 pm

» BPPL Moving on
by Elahara Yesterday at 1:46 pm

» Advice need on PCP.N
by Elahara Yesterday at 1:38 pm

» Hotels will become active
by DS Wijesinghe Yesterday at 12:35 pm

» SFIN UPDATE
by thankrishan Yesterday at 12:22 pm

» HSIG enjoy
by Kashyapa Senarathne Yesterday at 10:47 am

» BPPL - Sell your headache
by Elahara Yesterday at 10:41 am

» LOFC Chart 28.04.2017 (weekly chart)
by stockback Yesterday at 9:54 am

» WATA next target
by kovida Thu May 25, 2017 10:21 pm

» Finance Minister Change
by sureshot Thu May 25, 2017 8:17 pm

» Why AINV.N not move
by Neluka Karannagoda Thu May 25, 2017 4:47 pm

» People's Leasing Company
by thankrishan Thu May 25, 2017 4:01 pm

» TJL,LIOC,KAPI,MGT,DOCK
by Deen79 Thu May 25, 2017 2:13 pm

» AINV.N and PCHH.N
by Neluka Karannagoda Thu May 25, 2017 2:07 pm

» HVA - HVA FOODS PLC
by anjelo Thu May 25, 2017 12:42 pm

» DIPD DIPD go 100/=
by EquityChamp Thu May 25, 2017 9:46 am

» DFCC Bank - A very valuable counter
by EquityChamp Thu May 25, 2017 9:41 am

» JKH UNBELIEVABLE
by EquityChamp Thu May 25, 2017 9:30 am

» BLI Quarterly Results
by EquityChamp Thu May 25, 2017 9:27 am

» COMB selling
by EquityChamp Thu May 25, 2017 9:26 am

» HEXP annual EPS Rs.33.41 and NAVPS is Rs.92.17
by Miss-Sangeetha Wed May 24, 2017 8:59 pm

» Colombo Dockyard PLC - Rising From the Ashes
by EquityChamp Wed May 24, 2017 12:15 pm

» SRI LANKA FINANCE SECTOR - HOLD - Mar 2017 - FC Research
by stockback Wed May 24, 2017 12:11 pm

» Sampath Bank PLC - A giant awakening
by EquityChamp Wed May 24, 2017 11:31 am

» Collect Collect
by DHAVER88 Wed May 24, 2017 11:26 am

» Sri Lanka studying property loans, SME credit leakages: Central Bank Governor
by DS Wijesinghe Wed May 24, 2017 10:36 am

» Teejay Jersey Lanka PLC - Depreciated Rupee had a very positive impact
by EquityChamp Wed May 24, 2017 10:35 am

» Investors and Business partners from over 20 countries to take part in ‘Sri Lanka Investment Conclave’
by Vacations To Sri Lanka Wed May 24, 2017 10:25 am

» Reason behind PCHH.N
by Eugine Fernando Wed May 24, 2017 9:16 am

» Profit-takings by blue chips
by Eugine Fernando Wed May 24, 2017 8:47 am

» What to buy ?
by Deen79 Wed May 24, 2017 7:00 am

» why suddenly spen.n moving up?
by podda2 Tue May 23, 2017 10:44 am

» AFSL update...
by fortuneteller Tue May 23, 2017 10:26 am

» New CSE Chief upbeat; to accelerate capital market development - See more at: http://www.ft.lk/article/617155/New-CSE-Chief-upbeat--to-accelerate-capital-market-development#sthash.5uzdNQzm.dpuf
by samaritan Tue May 23, 2017 9:17 am

» Isn't Mackwood Energy Limited a gem
by soileconomy Tue May 23, 2017 7:10 am

» SFS. Future.
by prabath Mon May 22, 2017 1:52 pm

» SFIN _DIVDEND
by DHAVER88 Mon May 22, 2017 12:58 pm

» KEEP EYE ON TESS
by DHAVER88 Mon May 22, 2017 11:32 am

» KUMATA MERATA ADIKANANAYA POLISIYA HA WINISURAN ?
by reyaz Mon May 22, 2017 11:31 am

» Sri Lanka: Mangala Samaraweera to be appointed as the Finance Minister today
by worthiness Mon May 22, 2017 10:44 am

» SERA, Seen eka
by MRBRAVO Mon May 22, 2017 9:54 am

» NIFL VS TFIL WHO RUN THE SHOW?
by Eugine Fernando Mon May 22, 2017 9:42 am

» What is happening to MEL
by reyaz Mon May 22, 2017 9:37 am

» COCR and ASI
by Harry82 Mon May 22, 2017 9:11 am

» NEXT WEEK RUNNING SHARES
by Harry82 Mon May 22, 2017 8:50 am

» LETS HOPE FINANCE MINISTER WILL CHANGE
by Eugine Fernando Mon May 22, 2017 8:49 am

» TESS Share Quantity annalise of the last 07 days
by Richman Mon May 22, 2017 6:18 am

» KHC Vs CFT
by sameboy Sat May 20, 2017 10:50 pm

» At least 30 % return within 30 days
by kumarweerarathne Sat May 20, 2017 8:26 pm

» NIFL RACE FINISH
by Teller Sat May 20, 2017 5:50 pm

» VFIN target price -- Rs 80.00 within 2 months
by venura Sat May 20, 2017 12:07 pm

» AINV A logical choice for now!
by reyaz Sat May 20, 2017 11:02 am

» GRAN @ 65 Technically
by anges Sat May 20, 2017 1:27 am

» GOOD to Collect
by anges Sat May 20, 2017 1:26 am

» LLMP good price.
by prabath Fri May 19, 2017 7:49 pm

» NIFL RACE FINISH
by sanjeewa1234 Fri May 19, 2017 5:08 pm

» kZOO why Drop
by sanjeewa1234 Fri May 19, 2017 5:07 pm

» FLCH WILL HIT 3.50
by Winner123 Fri May 19, 2017 4:06 pm

» When will be the AINV right issue ?
by Neluka Karannagoda Fri May 19, 2017 2:34 pm

» Sri Lanka: Net foreign inflow into Sri Lankan equities top Rs. 7.71 billion year to date
by worthiness Fri May 19, 2017 1:21 pm

» RICH RICH RICH
by dow Fri May 19, 2017 11:55 am

» ABANS Unfair Offer Price
by fortuneteller Fri May 19, 2017 11:52 am

» Penny fiesta
by prabath Fri May 19, 2017 11:13 am

» VFIN.. is a Gem
by Harry82 Fri May 19, 2017 7:13 am

» GRAN Future
by DS Wijesinghe Fri May 19, 2017 5:54 am

» BLI for june
by fireshelter Fri May 19, 2017 12:52 am

» WHY GSP PLUS SHARES ARE COMING DOWN?
by reyaz Thu May 18, 2017 11:15 pm

» Why COCO still silent
by Teller Thu May 18, 2017 11:07 pm

» Wait there will be a chance to collect
by prabath Thu May 18, 2017 7:47 pm

» HEXP, WHAT IS BEHIND THE SCREEN
by Miss-Sangeetha Thu May 18, 2017 11:23 am

» TESS AGRO PLC
by MRBRAVO Thu May 18, 2017 8:42 am

» VONE.N0000 HOT SHOT .DON'T HESITATE
by The Hunter Thu May 18, 2017 8:28 am

» MALWATTE PLANTATIONS DONE WELL
by Yahapalanaya Thu May 18, 2017 3:05 am

» UDPL & BALA Future... Price
by Ran49 Wed May 17, 2017 10:34 pm

» BLI's wife - BFN
by Maharaja Wed May 17, 2017 9:26 pm

» NIFL TRADING PRICE
by sanjeewa1234 Wed May 17, 2017 8:49 pm

» KZOO BEST PRICE
by sanjeewa1234 Wed May 17, 2017 8:47 pm

» ASI will reach to it's ever high due to all the positive economic achievements ....
by worthiness Wed May 17, 2017 8:18 pm

» Teejay ends Q3 with a revenue growth of 33-pct despite challenges
by kumarweerarathne Wed May 17, 2017 5:49 pm

» Good Interim Results for Plantation
by jsilva Wed May 17, 2017 5:39 pm

» MPORTANT ANNOUNCEMENT REGARDING DATA ON CSE WEBSITE
by D.G.Dayaratne Wed May 17, 2017 4:28 pm

» HEXP will hit 100/= rs.
by Vacations To Sri Lanka Wed May 17, 2017 1:48 pm

» MEGA BULL MARKET AHEAD
by nirowat Wed May 17, 2017 1:45 pm

» HEXP will hit with the Financial report ?
by worthiness Wed May 17, 2017 1:41 pm

» CSF.N0000 any idea
by podda2 Wed May 17, 2017 12:37 pm

» Today BOGA....
by podda2 Wed May 17, 2017 12:18 pm

» MGT.N 20+ GSP++ BOOM BOOM
by D.G.Dayaratne Wed May 17, 2017 11:44 am

» Sell Poultry stocks....
by kcrRanz Wed May 17, 2017 10:42 am

» GRAN.N000 Below 65/=
by kcrRanz Wed May 17, 2017 10:37 am

» චීන - ලංකා නිදහස් වෙළඳ ගිවිසුම මේ වසරේ දී
by kcrRanz Wed May 17, 2017 10:07 am

» GSP+ හරහා වාර්ෂිකව යූරෝ මිලියන 300 ක්
by kcrRanz Wed May 17, 2017 10:05 am

» HEXP NAVPS - 91/= EPS - 32/= . Any dividend ?
by kcrRanz Wed May 17, 2017 9:56 am

» GSP+ be effected from May 19.
by worthiness Wed May 17, 2017 9:39 am

» Is it ? What's your comments?
by PrasannaMani Wed May 17, 2017 8:54 am

» Very Soon ,Very Soon....LCEM
by sureshot Wed May 17, 2017 5:35 am

» FLCH Browns Capital
by Yahapalanaya Wed May 17, 2017 4:04 am

Three Acre Farms PLC - A stock with growing profitability

Page 1 of 2 1, 2  Next

View previous topic View next topic Go down

Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Sun May 08, 2016 8:50 pm

Principle Business Activities
Selective breeding, hatching and sale of commercial DOCs, grandparent farm operations, import grandparent DOCs, advance technology breeding and commercial broiler farming.

Industry Outlook
The country has seen a rapid expansion in the production of poultry related products on the back of expensive alternative of Fish and the other substitutes of meet such as pork and beef. The cheap nature of poultry products have attracted very high demand and thereby increased the suppliers. This trend has created growing demand for day old chicks; the main product of TAFL.

Financial Performance
The company has experienced continued growth in revenue every quarter recording a compounded quarterly revenue growth of 8.6% since Q4 2014. Its PAT margin has improved from 11.6% in Q4 14 to 33.2% in Q1 16 due to the efforts in increased productivity and decline in key raw material cost continuously.
Rs mnQ4 14Q1 15Q2 15Q3 15Q4 15Q1 16
Revenue414441493558598624
Revenue growth 6.5%11.8%13.2%7.2%4.3%
PAT4879107161203207
PAT margin11.6%17.9%21.7%28.9%33.9%33.2%
The company generates a substantial ROE of 45% in Q1 16 with a 4 quarter trailing EPS of Rs 28.9.

Valuation
An ROE of 45% in an any industry will be a tremendous achievement. At the CMP of Rs125.50 the stock is trading at a 4Q trailing PE of 4.3x. The current prices reflects a huge intrinsic value hence you are advised to collect the stock and hold in the medium term.

Thanks
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by pfxavier on Sun May 08, 2016 10:00 pm

Good informative analysis. Another point is now company is debt free. This will increase the next quarter bottom line as well. Nice work EquityChamp !

pfxavier
Senior Equity Analytic
Senior Equity Analytic

Posts : 66
Equity Stars : 567
Reputation : 1
Join date : 2016-01-26
Age : 40

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandi on Mon May 09, 2016 5:14 am

In the short term TAFL price has to be adjusted to 150-160 with this super consistent performance.

kassachandi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts : 976
Equity Stars : 2155
Reputation : 11
Join date : 2014-08-15

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Wed May 11, 2016 8:11 am

TAFL showing strong BUY signals in all daily, weekly and monthly technical charts. The Bull/Bear power(13) indicator has very high values of 39 for monthly charts and 16.5 for daily chats. These values are very very strong to indicates bullish sentiment of the share.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by Brinthan on Wed May 11, 2016 5:57 pm

@EquityChamp wrote:TAFL showing strong BUY signals in all daily, weekly and monthly technical charts. The Bull/Bear power(13) indicator has very high values of 39 for monthly charts and 16.5 for daily chats. These values are very very strong to indicates bullish sentiment of the share.
EC sir  what is the Software are u use it for your technical analysis......? I am using investing.com.
avatar
Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 330
Equity Stars : 899
Reputation : 14
Join date : 2015-12-29
Age : 100
Location : Srilanka

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Wed May 11, 2016 7:57 pm

Investing.com is fine with me also. Also metastock is good for me. But investing.com is very easy to use and readily available the info we want.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Wed May 11, 2016 8:06 pm

Additionally investing.com allows to keep a track of the trend of technical indicators. For example the Bull/Bear Power(13) indicator for daily charts has jumped up today to 21.4 from 16.5 yesterday. This means the bulls are getting stronger and stronger than bears. RSI went up to 79 indicating overbought but the bull trend is very much intact.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandi on Thu May 12, 2016 5:53 am

TAFL is slowly but surely reaching to its target of 150

kassachandi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts : 976
Equity Stars : 2155
Reputation : 11
Join date : 2014-08-15

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Thu May 12, 2016 8:13 am

Look at the below trading statistics of TAFL since 1st of April to date.
Date Price  Open  High  Low Vol.Change %
May 11, 2016 131.6   129.3  132.9  129.0 61.70K2.02%
May 10, 2016 129.0   127.5  130.0  123.0 128.90K1.57%
May 09, 2016 127.0   126.0  128.0  124.0 48.56K2.42%
May 06, 2016 124.0   124.0  128.0  123.2 129.69K2.56%
May 05, 2016 120.9   120.0  122.3  119.1 40.11K-1.06%
May 04, 2016 122.2   122.0  124.7  118.9 61.10K0.16%
May 03, 2016 122.0   123.4  124.8  120.0 72.65K-0.41%
Apr 29, 2016 122.5   118.0  124.0  118.0 357.32K4.70%
Apr 28, 2016 117.0   113.0  118.0  112.0 165.81K4.00%
Apr 27, 2016 112.5   109.8  113.0  108.5 132.20K4.17%
Apr 26, 2016 108.0   106.0  109.0  105.8 81.94K2.08%
Apr 25, 2016 105.8   106.0  106.0  102.0 107.45K-0.19%
Apr 22, 2016 106.0   104.0  106.0  103.0 37.53K2.91%
Apr 20, 2016 103.0   104.0  105.0  103.0 13.82K-1.90%
Apr 19, 2016 105.0   106.0  106.0  103.0 6.42K0.96%
Apr 18, 2016 104.0   105.1  106.8  103.0 11.69K-2.80%
Apr 15, 2016 107.0   107.9  108.5  106.0 37.80K0.94%
Apr 12, 2016 106.0   103.5  107.0  102.1 83.02K3.92%
Apr 11, 2016 102.0   102.0  103.5    98.0 94.55K2.00%
Apr 08, 2016 100.0   102.9  104.8  100.0 54.63K-2.15%
Apr 07, 2016 102.2   101.0  104.8    99.0 61.20K2.20%
Apr 06, 2016 100.0   101.0  102.0    98.0 125.69K-1.86%
Apr 05, 2016 101.9     92.8  101.9    92.8 231.19K9.81%
Apr 04, 2016  92.8     89.8    92.8    89.8 109.73K4.39%
Apr 01, 2016  88.9     88.5    89.0    86.3 40.51K4.47%
Out of 25 trading days 18days the CMP was up and only 7days it is down. Also you can note that the price range for the entire period was 86.30 - 132.90 and the share has gone up by nearly 50%. Also you could seen that when the share hit 100 level it has came up by very slowly with 2%, 3% 4% daily change +/-. Additionally even with 50% gain so far the stock is still bullish in their daily, weekly as well as monthly charts with strong buy signals.

All these facts indicates that this stock has now entered into a sustainable bull run and the life of the bull is much longer than any one can expect. Further this bull run has material differences with previous bull run where it went up from 30s to 160 with some days of more than 10% growth. The current trading indicates investors buy the stock and realise the profit and then again enter into stock so that unlike the previous time we hardly see people buy low and keep on holding seeing that their unrealised gains sky rocketing by 50%,75%, 100% etc. This should be the reason that we can't see any panic when TAFL ends in red of it CMP in one day but back to green in the other day as well changing only 2%,3%,4% per day.

So my conclusion is this bull run will sustain longer than the previous one and will probably take to 200/- by September this year.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by worthiness on Thu May 12, 2016 10:57 am

Current market trend is progressive but moving up at slow phase. TAFL is considered to be the most undervalued stock that brings more profits in the future. Slow demanding pattern is the bottleneck to rising the price of TAFL that takes sometime to overcome. Growth indicators are excellent to think of buying & holding the TAFL.

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

Posts : 2435
Equity Stars : 6238
Reputation : 114
Join date : 2011-04-08

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by Beta1 on Thu May 12, 2016 11:02 am

@worthiness wrote:Current market trend is progressive but moving up at slow phase. TAFL is considered to be the most undervalued stock that brings more profits in the future. Slow demanding pattern is the bottleneck to rising the price of TAFL that takes sometime to overcome. Growth indicators are excellent to think of buying & holding the TAFL.
totally agree with you
avatar
Beta1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 369
Equity Stars : 1413
Reputation : 13
Join date : 2014-10-23

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandi on Thu May 12, 2016 6:01 pm

Today was a good day to collect this value gem.

kassachandi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts : 976
Equity Stars : 2155
Reputation : 11
Join date : 2014-08-15

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Tue Jul 12, 2016 12:14 pm

As I said in a previous post TAFL is a buying stock between 120-122 and those who bought so can can expect a decent profit @ 130/- so now price is 131/-. Its a done deal now Very Happy
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandi on Tue Jul 12, 2016 3:52 pm

140+ is now a possibility for TAFL before financial reports

kassachandi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts : 976
Equity Stars : 2155
Reputation : 11
Join date : 2014-08-15

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by worthiness on Tue Jul 12, 2016 7:55 pm

Today TAFL leaped over Rs.130/= level. As EC figured out before, with new market initiative TAFL should pass Rs.140/= hurdle soon. Tricky transactions are purposely done to bring down the share prices of valued stock. 
Observing the transaction movement you could have seen how BFL & GRAN were forcefully hit at low prices. Achievement of operational profit for quarter just ended could pull the trigger on for next level of pricing.

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

Posts : 2435
Equity Stars : 6238
Reputation : 114
Join date : 2011-04-08

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandimal on Thu Jul 14, 2016 11:26 am

Buyers are lining up with huge bids

kassachandimal
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 281
Equity Stars : 1315
Reputation : 1
Join date : 2014-09-01

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Thu Jul 14, 2016 12:16 pm

I sense a major break-up is near. Meaning the long held resistance level is in a threat now. Let's wait and see.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by Vacations To Sri Lanka on Thu Jul 14, 2016 12:19 pm

What is your target EC?
avatar
Vacations To Sri Lanka
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 182
Equity Stars : 696
Reputation : 3
Join date : 2016-06-02

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Thu Jul 14, 2016 12:23 pm

A company with a PAT margin of 33% trading at a PE of 4x what should be the intrinsic value. If the price doubles from the current levels still the PE is 8x. Isn't it an amazing stock.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandimal on Thu Jul 14, 2016 12:28 pm

Yeah EC. This time TAFL seems in for a major run. Might end up 150-160 range. Did u sold ur quantity EC

kassachandimal
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 281
Equity Stars : 1315
Reputation : 1
Join date : 2014-09-01

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Thu Jul 14, 2016 12:37 pm

No brother. My one is a long term holding. As similar to holding Nestle costing 90+ and CTC costing 30+ I am holding this and GRAN as well but will add little by little when the price comes down. Will not disclose my holding here Very Happy
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by kassachandimal on Thu Jul 14, 2016 12:51 pm

What is short term target for TAFL EC ?  I think with the chicken price also increased we can see extraordinary earnings from TAFL. Retail interest will get higher day by day for TAFL

kassachandimal
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 281
Equity Stars : 1315
Reputation : 1
Join date : 2014-09-01

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Thu Jul 14, 2016 1:15 pm

In short term it can reach 150/- but the price momentum has a link with GRAN price as well. Lets see how GRAN going to move.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Fri Jul 15, 2016 7:21 am

For whom it may concern. Please glance through my newest forecast for TAFL.

























































Rs mnQ1 16 AQ2 16 FFY 14 AFY 15 AFY 16 F
Revenue624       64116772089     2,798
Gross Profit246       256219618     1,131
GP margin39.4%40%13%30%40%
PBT242       250174603     1,105
PBT margin38.8%39%10%29%39%
PAT207       211165551         940
PAT margin33.2%33%10%26%34%
Q2 results were forecasted taking into account the possible impacts caused by floods hence revenue and PAT growth is marginal. However Q3 & Q4 going to be superb once more given that increased demand for day old chicks, increased margins due to higher controlled price and increased consumption of chicken due to reduction in selling prices in non branded chicken stalls due to controlled price.

At CMP of 135/- the stock is trading at a forward PE of 3.4x which is unbelievably low for a company like TAFL whose earnings growth potential is phenomenal while the balance sheet is almost debt-free hence no interest rate risk. Further you can expect a dividend of at least Rs5 for FY 2016.

My valuations stand at Rs205.8 for medium term (two quarters from now) but the stock carries an intrinsic value of Rs290.4 in the longer run (one to two years from now) based on projected earnings.

Thanks
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Re: Three Acre Farms PLC - A stock with growing profitability

Post by EquityChamp on Tue Aug 02, 2016 10:08 am

TAFL is not dragging down to 120 levels as previous instances insteed hs found support arround 135/-. When will be the next move is just a matter of time now. TAFL holders better to awake.
avatar
EquityChamp
Moderator

Posts : 3600
Equity Stars : 11972
Reputation : 698
Join date : 2014-11-05

Back to top Go down

Page 1 of 2 1, 2  Next

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum
Who is online?
In total there are 80 users online :: 3 Registered, 0 Hidden and 77 Guests

Neluka Karannagoda, sisira.wijeweera, uschathuranga

Most users ever online was 541 on Mon Sep 19, 2011 11:29 am
Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.