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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Market is Ready for Chicken Run.... >>>>

Market is Ready for Chicken Run.... >>>>

+9
Thushara
Kithsiri
manula
RUBBY
Kukula
Sasanka De Silva
Light of Hope
insidertrader
Pragee
13 posters

Go to page : 1, 2  Next

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1Market is Ready for Chicken Run.... >>>> Empty Market is Ready for Chicken Run.... >>>> Wed Nov 30, 2011 5:29 pm

Pragee


Equity Analytic
Equity Analytic

Noted intermittent collections of poultry shares during past few weeks...
Buying pressure on TAFL...

I guess the market background has put the foundation for next Chicken run sooner than later, with the upcoming festivals season....

Good Luck!

insidertrader


Manager - Equity Analytics
Manager - Equity Analytics

All the junk stocks are going up. So market watch would probably pump and dump again.

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics

where is kukula??? isn't he promoting yet???

Sasanka De Silva

Sasanka De Silva
Manager - Equity Analytics
Manager - Equity Analytics

1 % appreciation is the Start ? confused

Kukula

Kukula
Equity Analytic
Equity Analytic

Light of Hope wrote:where is kukula??? isn't he promoting yet???

I am here.... I am here......
Today I bought 10,000 TAFL & also you can see my name TAFL 30.09.2011 REPORT.

Wait SANA,....with in next few days Plan to run....put your all eggs to kukul basket. It is massive year end run. I am one of kukul player.

RUBBY


Senior Equity Analytic
Senior Equity Analytic

Kukula wrote:
Light of Hope wrote:where is kukula??? isn't he promoting yet???

I am here.... I am here......
Today I bought 10,000 TAFL & also you can see my name TAFL 30.09.2011 REPORT.

Wait SANA,....with in next few days Plan to run....put your all eggs to kukul basket. It is massive year end run. I am one of kukul player.

Hope people will follow you sooner than later.....

Pragee


Equity Analytic
Equity Analytic

I think this is not about promoting a particular stock.
But when comparing with the historical stats, poultry stocks should fly on December.

In this year, we have few special cases to support this...

1. We haven't noted a poultry run for a long time...
2. After a big disaster, market is waking up with big good news...
3. Last interim reports are not bad
4. It was noted a continuous collection when those fallen to lower levels...

Conclusively we expect a poultry run very sooner, than later...

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

Not only chicken if rules relaxed market will start fly... like earlier Razz

Kithsiri

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

Chicken Run or just Monkey Chatter Smile

Thushara


Senior Equity Analytic
Senior Equity Analytic

It seems to be this time Chicken Run will lead by TAFL, then GRAN and BFL following.

ERE171


Equity Analytic
Equity Analytic

I'm ready alien alien Twisted Evil Embarassed pig

Kukula

Kukula
Equity Analytic
Equity Analytic

With the start of festival season most people expected chicken run ready to start.
Now time for BFL, GRAN & TAFL.
Today last hour did you saw this signal.
Comparatively above 03 companies, I expect massive return from TAFL.
As per the 30.09.2011 TAFL interim report Management said that "last quarter will be high expected".
Tomorrow is the day, for Chicken lovers.
----------------------------------------------------------------------------------------------------
This is Festival season & So I am promoting chicken, because I am chicken lover & majour chicken player.

ERE171


Equity Analytic
Equity Analytic

Kukula wrote:With the start of festival season most people expected chicken run ready to start.
Now time for BFL, GRAN & TAFL.
Today last hour did you saw this signal.
Comparatively above 03 companies, I expect massive return from TAFL.
As per the 30.09.2011 TAFL interim report Management said that "last quarter will be high expected".
Tomorrow is the day, for Chicken lovers.
----------------------------------------------------------------------------------------------------
This is Festival season & So I am promoting chicken, because I am chicken lover & majour chicken player.
BFL 600 I love you TAFL 280 Laughing GRAN 300 Razz

Marketinvest

Marketinvest
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Mr chicki i will be the happiest person

Kukula

Kukula
Equity Analytic
Equity Analytic

BFL 1st Signal on 01.12.2011 :

14:01 100 208.00
14:03 100 208.40
14:06 100 207.50
14:06 300 207.20
14:07 100 208.00
14:08 400 208.00
14:11 100 208.40
14:11 100 208.90
14:11 1,000 209.00
14:11 1,000 209.00
14:12 200 209.00
14:12 800 209.00
14:12 1,000 209.00
14:12 100 209.90
14:12 500 209.90
14:12 1,200 210.00
14:12 100 210.00
14:12 100 210.00
14:12 1,200 210.00
14:12 800 210.00
14:12 100 210.00
14:12 4,000 210.00
14:12 4,000 210.00
14:12 2,500 210.00
14:25 100 212.90
14:25 500 213.00
14:25 200 213.00
14:25 100 213.00
14:25 500 214.00
14:25 1,000 214.00
14:25 1,000 214.00
14:25 400 214.10
14:26 100 214.90
14:26 200 215.00
14:26 200 215.00
14:26 5,700 215.00
14:26 100 215.00
14:26 100 215.00
14:26 200 215.00
14:26 500 215.00
14:26 400 215.00
14:26 100 215.00
14:27 1,000 214.90
14:27 400 215.00
14:27 200 214.00
14:27 400 215.00
14:27 300 215.00
14:27 100 215.00
14:28 100 216.00
14:28 100 216.00
14:28 200 217.90
14:28 1,100 218.00
14:28 300 218.00
14:28 100 217.90
14:28 200 218.90
14:28 200 219.00
14:28 400 217.90
14:28 1,000 217.50
14:29 800 219.00

insidertrader


Manager - Equity Analytics
Manager - Equity Analytics

Chicken slaughterhouse profitability is highly dependents on feed costs, about 30 - 40% of the total sales, I think. Significant increases in the cost of soybeans and corn will reduce the profit margins. The taxes on imports have been significantly increased and rupee depreciated. So chicken profits would decline. But I think market watch must have already bought his share again after dumping the stock on you last time. Now it's time for you to buy them back again from him. Good luck.

ERE171


Equity Analytic
Equity Analytic

Trades summary : GRAN.N0000
Back Trades OrderBook Print
Price Total Qty Trades Change Lot
113.00 100 1 8.10 N
112.00 29,100 44 7.10 N
111.90 17,400 26 7.00 N
111.80 1,700 3 6.90 N
111.50 7,800 16 6.60 N
111.10 4,800 5 6.20 N
111.00 30,700 73 6.10 N
110.90 5,000 12 6.00 N
110.80 2,700 9 5.90 N
110.70 1,300 2 5.80 N
110.60 200 1 5.70 N
110.50 10,500 19 5.60 N
110.40 2,500 6 5.50 N
110.30 1,100 2 5.40 N
110.20 5,600 6 5.30 N
110.10 2,200 6 5.20 N
110.00 150,300 85 5.10 N
109.90 4,900 11 5.00 N
109.80 1,300 3 4.90 N
109.50 1,600 3 4.60 N
109.30 200 2 4.40 N
109.20 700 2 4.30 N
109.10 3,000 6 4.20 N
109.00 42,900 50 4.10 N
108.90 1,000 1 4.00 N
108.60 2,000 5 3.70 N
108.50 12,800 9 3.60 N
108.30 200 1 3.40 N
108.20 400 3 3.30 N
108.10 1,100 3 3.20 N
108.00 11,100 9 3.10 N
107.60 200 1 2.70 N
107.50 2,000 4 2.60 N
107.00 5,600 10 2.10 N
106.90 2,000 6 2.00 N
106.60 500 1 1.70 N
106.50 500 1 1.60 N
106.30 400 3 1.40 N
106.20 800 6 1.30 N
106.10 500 2 1.20 N
106.00 4,400 10 1.10 N
105.90 5,200 29 1.00 N
105.80 600 5 0.90 N
105.00 6,300 23 0.10 N
104.90 3,700 8 0.00 N
104.80 1,200 3 -0.10 N
104.60 200 1 -0.30 N
104.50 1,000 2 -0.40 N
104.00 1,400 4 -0.90 N
103.00 200 1 -1.90 N


Kukula

Kukula
Equity Analytic
Equity Analytic

Hmmm, here is my loving TAFL summary & note that 219,000 shares changing hand.

09:31 1,000 105.00
09:31 500 105.00
09:33 100 106.00
09:33 100 106.00
09:33 100 106.00
09:33 500 106.00
09:35 200 105.00
09:36 800 105.00
09:39 300 104.50
09:39 200 104.50
09:40 300 104.50
09:46 300 104.50
09:46 100 104.90
09:47 500 104.20
10:01 100 102.00
10:09 200 103.50
10:09 500 101.30
10:09 1,500 101.20
10:31 100 102.00
10:31 1,000 102.00
10:31 100 103.00
10:31 100 103.00
10:32 100 103.00
10:32 100 103.00
10:38 200 104.00
10:39 100 104.00
10:47 500 103.00
11:16 300 104.00
11:16 500 104.10
11:16 2,500 104.20
11:23 400 104.20
11:23 600 104.10
11:23 400 104.10
11:23 600 104.00
11:23 200 104.00
11:25 200 103.50
11:25 500 104.00
11:28 500 104.00
11:28 1,000 104.00
11:28 500 104.00
11:28 300 104.00
11:28 500 104.20
11:28 500 104.90
11:29 900 104.90
11:29 400 104.90
11:29 700 104.90
11:29 100 105.00
11:29 800 105.00
11:29 100 105.00
11:29 8,000 105.00
11:29 1,000 105.00
11:29 1,000 105.00
11:29 100 105.00
11:29 100 105.00
11:29 100 105.00
11:29 200 105.50
11:29 200 106.00
11:29 100 106.00
11:29 600 106.00
11:29 200 106.00
11:29 200 106.00
11:29 1,000 106.00
11:29 200 106.00
11:29 200 106.00
11:29 200 106.00
11:29 200 106.00
11:29 200 106.00
11:29 200 106.00
11:30 100 106.50
11:30 600 107.00
11:30 400 107.00
11:30 300 107.00
11:30 1,000 107.40
11:30 1,000 107.50
11:31 500 108.00
11:31 1,700 108.00
11:31 1,000 108.00
11:31 500 109.00
11:31 300 109.00
11:31 1,500 109.00
11:31 500 109.00
11:31 500 109.00
11:31 1,500 108.00
11:31 300 109.50
11:31 100 109.50
11:31 300 109.90
11:31 1,000 109.90
11:31 1,000 109.90
11:31 2,400 109.90
11:31 100 110.00
11:31 100 110.00
11:31 1,000 110.00
11:31 300 110.00
11:31 1,000 110.00
11:31 800 110.00
11:32 300 109.90
11:32 1,000 110.00
11:32 4,200 110.00
11:32 100 110.00
11:32 700 110.00
11:32 800 110.00
11:32 1,200 110.00
11:32 2,000 110.00
11:32 1,100 110.00
11:32 1,200 110.00
11:32 1,000 110.00
11:32 1,500 110.00
11:32 800 110.00
11:32 100 110.00
11:32 1,000 110.00
11:32 300 110.00
11:32 500 110.00
11:32 12,000 110.00
11:32 100 112.00
11:32 300 112.00
11:32 300 112.00
11:32 1,000 112.00
11:32 300 112.00
11:32 100 111.50
11:32 700 112.00
11:32 1,300 112.00
11:32 200 112.00
11:32 1,000 112.00
11:32 800 112.00
11:32 200 112.00
11:32 500 112.00
11:32 1,300 112.00
11:32 5,000 110.00
11:32 1,000 110.00
11:32 5,000 110.00
11:32 1,000 110.00
11:32 300 110.00
11:32 100 110.00
11:32 2,600 110.00
11:33 400 111.00
11:33 500 111.00
11:33 100 111.00
11:33 200 111.50
11:33 1,000 110.10
11:33 1,000 110.00
11:33 1,000 110.00
11:33 100 110.00
11:33 900 110.00
11:33 100 110.00
11:33 400 110.00
11:33 100 110.00
11:33 800 110.00
11:33 1,000 110.70
11:33 1,200 110.70
11:33 1,000 110.00
11:34 500 110.00
11:34 300 110.00
11:34 200 110.00
11:34 900 110.00
11:34 100 109.90
11:34 100 109.90
11:34 500 109.90
11:34 100 109.90
11:34 300 109.90
11:34 200 109.90
11:34 300 109.90
11:34 200 110.00
11:34 1,000 108.00
11:35 300 108.00
11:35 200 108.00
11:36 300 108.00
11:36 300 108.00
11:36 1,800 108.00
11:36 500 109.00
11:36 100 110.00
11:37 100 109.90
11:37 100 109.90
11:37 100 108.10
11:38 400 108.10
11:39 200 108.00
11:39 900 106.00
11:39 100 108.00
11:39 500 108.00
11:40 200 108.00
11:40 2,000 108.00
11:40 300 108.00
11:40 100 108.90
11:40 500 108.90
11:40 500 108.90
11:40 100 108.00
11:42 500 108.90
11:42 400 108.90
11:42 1,000 109.00
11:42 400 109.00
11:42 100 109.90
11:42 100 109.90
11:42 300 109.90
11:42 500 109.90
11:42 200 109.90
11:42 100 109.90
11:43 500 109.90
11:43 100 109.90
11:43 1,000 109.90
11:43 300 109.90
11:43 500 109.90
11:43 200 109.90
11:43 300 109.90
11:43 600 109.00
11:44 500 108.90
11:44 1,000 109.90
11:44 1,500 109.90
11:44 500 109.90
11:44 600 110.00
11:44 400 110.00
11:44 100 110.00
11:45 500 109.50
11:45 100 109.50
11:45 100 108.90
11:47 100 109.00
11:49 100 109.00
11:50 2,000 109.00
11:50 900 109.50
11:50 500 109.50
11:50 600 109.50
11:50 1,500 109.80
11:50 100 109.90
11:50 1,200 109.90
11:50 100 109.90
11:50 1,000 109.90
11:50 1,200 109.90
11:50 700 109.90
11:50 200 110.00
11:50 1,000 110.00
11:50 1,000 110.00
11:50 100 110.00
11:50 1,800 110.00
11:50 100 110.00
11:50 400 110.00
11:50 1,000 110.00
11:50 1,500 111.00
11:51 500 111.00
11:51 100 110.00
11:51 200 110.90
11:52 100 110.50
11:53 100 110.00
11:53 400 110.00
11:53 400 110.00
11:54 300 110.10
11:54 200 110.00
11:55 100 110.00
11:56 300 109.60
11:56 100 109.50
11:56 500 109.50
11:56 500 109.50
11:59 400 109.50
11:59 500 109.00
11:59 500 109.00
12:05 400 108.90
12:05 700 108.90
12:05 200 108.50
12:06 100 109.00
12:06 300 108.50
12:07 400 108.00
12:07 100 108.00
12:07 1,000 108.00
12:07 300 108.00
12:09 100 109.00
12:09 100 109.00
12:16 2,000 107.50
12:22 100 109.00
12:41 500 108.80
12:44 1,600 108.00
12:47 500 108.00
12:49 100 108.00
12:51 500 108.00
13:06 100 108.30
13:07 100 108.20
13:08 500 108.10
13:08 300 108.00
13:08 200 108.00
13:15 100 108.20
13:17 2,300 108.20
13:19 500 108.80
13:19 1,000 108.90
13:19 1,000 108.90
13:19 500 108.90
13:20 100 108.90
13:20 400 108.90
13:20 100 108.90
13:20 300 109.00
13:20 500 109.00
13:20 1,400 109.40
13:21 600 109.40
13:21 1,400 109.40
13:21 600 109.40
13:21 2,000 109.40
13:22 400 109.40
13:22 1,000 109.40
13:22 600 109.40
13:22 400 109.50
13:22 1,000 109.50
13:22 300 109.50
13:25 200 109.50
13:26 200 109.40
13:28 100 109.00
13:33 100 109.00
13:33 200 109.00
13:34 100 109.00
13:37 200 108.20
13:37 500 108.20
13:46 500 108.50
13:46 500 108.20
13:46 200 108.10
13:46 300 108.00
13:47 300 108.00
13:49 100 108.00
14:00 300 108.00
14:01 100 108.00
14:03 200 108.00
14:04 300 108.00
14:07 200 109.40
14:10 100 109.40
14:10 100 109.50
14:12 1,300 109.40
14:12 200 109.40
14:16 1,000 109.00
14:16 500 109.00
14:16 2,500 109.00
14:17 400 109.00
14:17 500 109.00
14:18 1,100 109.00
14:18 1,000 109.00
14:19 500 108.90
14:20 300 108.10
14:20 300 108.90
14:27 1,200 108.90
14:27 500 108.90
14:27 2,000 108.90
14:27 500 109.00
14:27 200 109.00
14:27 200 109.00
14:27 100 109.00
14:27 1,000 109.30
14:28 500 109.30
14:28 100 109.40
14:28 200 109.50
14:28 500 109.90
14:28 100 110.00
14:28 100 110.00
14:29 100 109.90
14:29 1,000 110.00
14:29 1,000 110.00
14:29 400 110.00
14:29 100 110.00
14:29 700 110.00
14:29 200 110.00
Total 219,400

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Chickens will have a run like other speculative stocks but one should be careful regarding the rise in maize prices which will impact the cost of these companies.

Also import of cheap poultry products cannot be ruled out if demand is not adequately met.

BFL may benefit due to its own maize production.

Cheers!

Kukula

Kukula
Equity Analytic
Equity Analytic

Do not forget last year festival season in Dec/Jan, TAFL gave us a 1290% of massive return. It has fly to Rs.242.00. BFL return was 1100% & hit with Rs.525.00.

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Report from Arrenga on Budget:

Maintain high CESS of imported green grams, peanuts, ginger and maize so as to increase self-sufficiency in the domestic cultivation of these crops; Removal of VAT on machinery & equipment for livestock production.

With maize taking up nearly +40% of feed cost of most poultry operators; Bairaha Farms and Ceylon Grain Elevators along with its subsidiary, Three Acre Farms continue to see their margins being affected. Despite the growth in revenue witnessed by the poultry players during 1HFY12, overall performance was impeded with the increase in cost production owing to increased cost of maize. All the poultry operators witnessed dip in their Gross Profit margins with local supply being hindered after the occurring of floods during the Maha season. With the Government continuing to maintain high cost of imported maize, we expect the poultry firms’ margins to be affected especially with the Yala Season (in September) favouring rice cultivation.
It should be noted that though the Government looks to increase self-sufficiency of local maize cultivation, the country still continues to import almost 50% of its total requirement. The broiler operators have already expressed their issues pertaining to the quality of the locally cultivated maize as local growers lack technological support to be in line with regional growers whilst availability of large extents of land in the dry zone continues to be a bottleneck for new entrants. On a positive note, we believe Bairaha Farms would make use of the current depreciation of the currency to penetrate into its long term target markets, Maldives, with its value added product range whilst making use of VAT exemptions on investment in machinery & equipment. However, we believe that the high cost of production would continue to weaken its competitiveness in the global market.
However, CIC Holdings – a local key agri producer, will prove to be a direct beneficiary of the export incentive moves. CIC Holdings, with its exposure to maize through CIC Feeds (Pvt) Ltd and rice cultivation will stand out to be a direct recipient with the Government looking to discourage import of feed. With the 3% devaluation of the domestic currency after the Budget, we expect CIC Holdings to better position its agro products in the global market, though export contribution remains minute, but is believed to grow in the upcoming periods.

This is not to discourage from "Chicken" counters but to educate the new guys!

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Report from Arrenga on Budget:

Maintain high CESS of imported green grams, peanuts, ginger and maize so as to increase self-sufficiency in the domestic cultivation of these crops; Removal of VAT on machinery & equipment for livestock production.

With maize taking up nearly +40% of feed cost of most poultry operators; Bairaha Farms and Ceylon Grain Elevators along with its subsidiary, Three Acre Farms continue to see their margins being affected. Despite the growth in revenue witnessed by the poultry players during 1HFY12, overall performance was impeded with the increase in cost production owing to increased cost of maize. All the poultry operators witnessed dip in their Gross Profit margins with local supply being hindered after the occurring of floods during the Maha season. With the Government continuing to maintain high cost of imported maize, we expect the poultry firms’ margins to be affected especially with the Yala Season (in September) favouring rice cultivation.
It should be noted that though the Government looks to increase self-sufficiency of local maize cultivation, the country still continues to import almost 50% of its total requirement. The broiler operators have already expressed their issues pertaining to the quality of the locally cultivated maize as local growers lack technological support to be in line with regional growers whilst availability of large extents of land in the dry zone continues to be a bottleneck for new entrants. On a positive note, we believe Bairaha Farms would make use of the current depreciation of the currency to penetrate into its long term target markets, Maldives, with its value added product range whilst making use of VAT exemptions on investment in machinery & equipment. However, we believe that the high cost of production would continue to weaken its competitiveness in the global market.
However, CIC Holdings – a local key agri producer, will prove to be a direct beneficiary of the export incentive moves. CIC Holdings, with its exposure to maize through CIC Feeds (Pvt) Ltd and rice cultivation will stand out to be a direct recipient with the Government looking to discourage import of feed. With the 3% devaluation of the domestic currency after the Budget, we expect CIC Holdings to better position its agro products in the global market, though export contribution remains minute, but is believed to grow in the upcoming periods.

This is not to discourage from "Chicken" counters but to educate the new guys!

Kukula

Kukula
Equity Analytic
Equity Analytic

Thushara wrote:It seems to be this time Chicken Run will lead by TAFL, then GRAN and BFL following.

Yes. This time it will lead by TAFL.
Do you know WHy? See the last 30.09.2011 interim reports. comparativey with BFL, TAFL growth is very high.

Kukula

Kukula
Equity Analytic
Equity Analytic

Rapaport wrote:Report from Arrenga on Budget:

Maintain high CESS of imported green grams, peanuts, ginger and maize so as to increase self-sufficiency in the domestic cultivation of these crops; Removal of VAT on machinery & equipment for livestock production.

With maize taking up nearly +40% of feed cost of most poultry operators; Bairaha Farms and Ceylon Grain Elevators along with its subsidiary, Three Acre Farms continue to see their margins being affected. Despite the growth in revenue witnessed by the poultry players during 1HFY12, overall performance was impeded with the increase in cost production owing to increased cost of maize. All the poultry operators witnessed dip in their Gross Profit margins with local supply being hindered after the occurring of floods during the Maha season. With the Government continuing to maintain high cost of imported maize, we expect the poultry firms’ margins to be affected especially with the Yala Season (in September) favouring rice cultivation.

But, defa, TAFL can diliver more than 7 EPS for this quarter with massive arraival of more than 750,000 of foreigners. Expect 200/- target for TAFL.
It should be noted that though the Government looks to increase self-sufficiency of local maize cultivation, the country still continues to import almost 50% of its total requirement. The broiler operators have already expressed their issues pertaining to the quality of the locally cultivated maize as local growers lack technological support to be in line with regional growers whilst availability of large extents of land in the dry zone continues to be a bottleneck for new entrants. On a positive note, we believe Bairaha Farms would make use of the current depreciation of the currency to penetrate into its long term target markets, Maldives, with its value added product range whilst making use of VAT exemptions on investment in machinery & equipment. However, we believe that the high cost of production would continue to weaken its competitiveness in the global market.
However, CIC Holdings – a local key agri producer, will prove to be a direct beneficiary of the export incentive moves. CIC Holdings, with its exposure to maize through CIC Feeds (Pvt) Ltd and rice cultivation will stand out to be a direct recipient with the Government looking to discourage import of feed. With the 3% devaluation of the domestic currency after the Budget, we expect CIC Holdings to better position its agro products in the global market, though export contribution remains minute, but is believed to grow in the upcoming periods.

This is not to discourage from "Chicken" counters but to educate the new guys!

rijayasooriya

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

It seems lot of chicken lovers are stuck at the top and anxiously waiting for the rally. Laughing Laughing Laughing Laughing Laughing

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