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

Submit Post
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 

Rechercher Advanced Search

Latest topics

» VONE , is it time to sell or holds
by 2017 Cse Today at 6:15 pm

» The Stock Chat by EquityChamp
by DS Wijesinghe Today at 5:43 pm

» COMD net assets value
by Dietoday Today at 3:28 pm

» Rupee depreciation and foreign investment
by TuTanKaman Today at 2:13 pm

» AEL @ 19.60
by mtsfernando Today at 11:17 am

» COCR can be attractive
by suku502 Today at 10:33 am

» ALHP WILL MOVE UP SOON
by cse_eagle Today at 10:07 am

» Sampath Bank PLC - A giant awakening
by DS Wijesinghe Today at 9:08 am

» FUTURE GEMS.....
by EquityChamp Today at 7:04 am

» Dividend payments
by alphamm Mon Apr 23, 2018 9:52 pm

» MGT & REEF ????
by Ran49 Mon Apr 23, 2018 8:06 pm

» UBC KEEP WATCHING
by Ran49 Mon Apr 23, 2018 8:04 pm

» COCR will be a silent runner
by suku502 Mon Apr 23, 2018 1:33 pm

» Orient Finance PLC- possible future star
by DS Wijesinghe Thu Apr 19, 2018 10:29 pm

» Companies to invest long term
by EquityChamp Thu Apr 19, 2018 6:56 pm

» Blue Chip Companies
by glad Wed Apr 18, 2018 7:22 am

» WHAT HAPPENED TO DIST?
by EquityChamp Tue Apr 17, 2018 6:51 pm

» JINS Share Repurchase
by EquityChamp Tue Apr 17, 2018 7:03 am

» LIOC N.........................
by EquityChamp Mon Apr 16, 2018 1:54 pm

» Abans finance PLC in deep trouble?
by Wimal Modawansa Fri Apr 13, 2018 8:03 pm

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.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » TAFL future

TAFL future

Go down  Message [Page 1 of 1]

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


Senior Vice President - Equity Analytics
Senior 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


Senior Vice President - Equity Analytics
Senior 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".

Back to top  Message [Page 1 of 1]

Sri Lanka Equity Forum » Stock Market Talk » TAFL future

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