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

» Can anyone recommend me a stock broker in Kandy
by asklanka Today at 10:32 am

» CTCE ලාභාංශ පුරොකතනය.
by dmtmadusanka Today at 10:22 am

» CTCE CTCE CTCE CTCE
by dmtmadusanka Today at 10:20 am

» SFL, where will it end by March
by NP Yesterday at 11:47 pm

» "Don't ask the barber whether you need a haircut,"
by Asoka Samarakone Yesterday at 1:54 pm

» CSE halts trading of MTD Walkers’ shares
by Miss-Sangeetha Yesterday at 7:52 am

» Amibroker database
by Sonny Bill Sat Feb 16, 2019 10:18 am

» KAPI -MTD WALKERS - MALAYASIAN FIRM TO TAKE CONTROL @40 A SHARE
by Miss-Sangeetha Sat Feb 16, 2019 9:42 am

» Financial Reports Q-4 2018
by sikka89 Sat Feb 16, 2019 7:13 am

» Weekly Stock Market Roundup
by Insights Equity Sat Feb 16, 2019 6:07 am

» SFL.P Going to hit 10 Dr.Sentavil Also Bought above 12
by NP Sat Feb 16, 2019 12:51 am

» CROSSINGS TODAY
by sikka89 Fri Feb 15, 2019 10:10 pm

» DIVIDEND ANNOUNCEMENTS- JAN/MARCH 2019
by sikka89 Fri Feb 15, 2019 10:07 pm

» Collect AAIC to win within six months
by wisdom79 Fri Feb 15, 2019 9:27 pm

» ANILANA HOTEL
by wisdom79 Fri Feb 15, 2019 9:21 pm

» Four more banks obtain enjoining orders against KAPI (MTD Walkers)
by Miss-Sangeetha Fri Feb 15, 2019 8:00 pm

» MTD Walkers (KAPI) face liquidation as Hayleys Group firm files winding up petition
by Miss-Sangeetha Fri Feb 15, 2019 7:57 pm

» Daily Stock Market Update
by Insights Equity Fri Feb 15, 2019 5:33 pm

» INSURANCE bubble finally bursting!
by nosf766 Fri Feb 15, 2019 12:46 pm

» CASH RICH REXP
by nishjaya Fri Feb 15, 2019 9:57 am

» Deal Waligama Property to be sell EAST Interesting
by soileconomy Fri Feb 15, 2019 8:13 am

» ACL PERFORMANCE
by Yahapalanaya Fri Feb 15, 2019 7:42 am

» CDB PERFORMANCE
by Yahapalanaya Fri Feb 15, 2019 7:29 am

» LGL LGL LGL LGL
by dmtmadusanka Fri Feb 15, 2019 6:22 am

» MTD WALKERS PLC
by sikka89 Thu Feb 14, 2019 11:15 pm

» Daily Foreign Transactions
by sikka89 Thu Feb 14, 2019 10:31 pm

» Exit KAPI today
by karuna2 Thu Feb 14, 2019 11:17 am

» Sleeping giants-
by anges Wed Feb 13, 2019 11:52 pm

» HEXP hidden gem share
by anges Wed Feb 13, 2019 11:49 pm

» EAST INTERESTING DAYS AHEAD 25+
by NCC Wed Feb 13, 2019 12:30 pm

» why MFL is collecting ?
by suku502 Wed Feb 13, 2019 12:24 pm

» Whats going on with KAPI
by NP Wed Feb 13, 2019 9:43 am

» __________Bank Instrument & Investment Lease And Sales for Global Investments & Financing____
by sakchai Wed Feb 13, 2019 2:27 am

» DIAL is it best to buy
by TuTanKaman Tue Feb 12, 2019 2:34 pm

» Brokers බොරු කියන්නේ
by karuna2 Tue Feb 12, 2019 9:20 am

» BFN 15.60 - 16 - 16.5 මිලට වැටෙන්නේ ඇයි
by karuna2 Tue Feb 12, 2019 9:19 am

» NP HOW ABOUT MBSL CHART
by sanjulanka Tue Feb 12, 2019 7:17 am

» GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR LEASE AT THE LOWEST RATES AVAILABLE.OTHER FINANCIAL INSTRUMENTS SUCH AS MTN, CD, DLC, PB ARE ALSO AVAILABLE..............
by sakchai Tue Feb 12, 2019 4:21 am

» Financial bank instruments for Lease and sale for trade and project funding
by sakchai Tue Feb 12, 2019 4:20 am

» undervalued stock
by worthiness Mon Feb 11, 2019 2:13 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » BFL Report Out - Good EPS

BFL Report Out - Good EPS

Go down  Message [Page 1 of 1]

1 BFL Report Out - Good EPS on Thu Jul 21, 2016 5:31 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
BFL maintain Profit level.

profit drop bcz of Tax increase. next quarter they will get good profit bcz new factory working from June.

cleanly its effect to next quarter and also Maize price dropping in the world market that is also plus factor.



BFL continue profit making. and this quarter chicken price band up. nearly 8% 


Quarter Revenue is 956 Millions. from this 8% price increment. 


Approx = 956 *8% = 76 Millions, after tax 60 Millions. and they have finished new Mill


from Annual Report
"Our joint-venture feedmill commenced production in June 2016 and this now enables us to have a total vertical integration of our poultry production operations"


if we consider 8% price increment
then additional 2.5 EPS will added into this EPS plus new Factory and Maize price doping is high plus factor


when Government increase Price i expected something wrong. but result is acceptable. future they will increase EPS with new development plan 


http://cse.lk/cmt/upload_report_file/452_1469099765.pdf

2 Re: BFL Report Out - Good EPS on Thu Jul 21, 2016 6:06 pm

eco


Senior Equity Analytic
Senior Equity Analytic
The maximum price may have a good impact on the large scale poultry producers. 

If we look at the market, small scale suppliers can't meet that price and the cost is well above the government maximum price. Therefore in the mid term small scale suppliers may face to a big issue. 


Finally large scale producers get the benefit as they can meet the maximum price with their scale of economies.

3 Re: BFL Report Out - Good EPS on Thu Jul 21, 2016 7:20 pm

EquityChamp

EquityChamp
Moderator
My analysis is as follows. You should compare QoQ growth rather than YoY. B's Apr - June is a continuation of Jan - March business. In that sense BFL has made the same revenue in Q2 16 as same to Q1 16. PBT is also the same. Actually I was expecting a decline in profit QoQ due to the adverse situation poultry companies face in Q2 but look at their results. Identical result for this quarter compared to Q1. This confirms that BFLs cash flows and profitability have stabilised and its not like previous years where one year bumpy profits followed by two year low or no profit. That situation has clearly changed now.

I will say one thing now. BFL and GRAN & TAFL too will follow the path of CTC, NEST, CCS and CTEA. All these three were illiquid enough but only issue with them was the inconsistency of earnings Now the outlook of the industry has changed completely so that you will see where these three will be within another couple of years. Gradually they will improve their dividend policy too so that three companies next in line to follow the giants.
Good investment opportunities for all of you.
Thanks

4 Re: BFL Report Out - Good EPS on Thu Jul 21, 2016 7:54 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
great Sanga into bfl top 20.this guy loves chickens I guess.In GRAN Aravinda also there in Tafl.He has hit a big six and landed to TAFL first quater.before that hes nowhere.See we check everything

5 Re: BFL Report Out - Good EPS on Thu Jul 21, 2016 8:05 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@nimantha80 wrote:great Sanga into bfl top 20.this guy loves chickens I guess.In GRAN Aravinda also there in Tafl.He has hit a big six and landed to TAFL first quater.before that hes nowhere.See we check everything


funnything sanga Buying Nayata  Very Happy Very Happy Very Happy Very Happy Very Happy

Back to top  Message [Page 1 of 1]

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