CDB is a good personal example. I posted an analysis at Rs 40. Then it went to Rs 48. ( 20%) Now back to Rs 40. Now such party is blaming it is a promotion.
So watch out haha.
There is one thing about BFL. Will it run independantly from GRAN/TAFL . No doubt BFL is the strongest in the sector due to Maize /cost control. The Sept Quarter for GRAN/TAFL might not be the best due to probable maize issues /costs.( speculation). It will get better with time I presume due to chicken price increase and maize harvest in SL becoming better. Long term ( irrespective of chicken haters) it is one of the cheapest meats available still not to mention protein from Eggs. Yes this sector has much risks but looking at still expensive Fish prices, chicken still has a place. Usually Dec is best quarter for Chicken shares.
Also BFL has a significant collection ( or selling ) between Rs 175-185. Noticed sellign is less around Rs 160s. Just some observations
traderathome wrote:
since i am holding dont think i am promoting....but i am giving my opinion on near term target....this run will go with bfl....
TAH