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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » GRAN , TAFL , BFL

GRAN , TAFL , BFL

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21GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Tue Oct 28, 2014 12:49 pm

sikka89


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Today tafl no buy orders day.likely to close 53

22GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Tue Oct 28, 2014 8:09 pm

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Slight buying pressure is coming into BFL day by day ...

23GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Tue Oct 28, 2014 8:26 pm

opfdo


Vice President - Equity Analytics
Vice President - Equity Analytics
@kassachandi wrote:Slight buying pressure is coming into BFL day by day ...

I too saw that

24GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Wed Oct 29, 2014 12:04 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
A good run is very very near.we have to act quickly to collect valuable stocks like BFL ....

25GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 9:57 am

VALUEPICK


Expert
Expert
They were kind of out of favour stocks in 2014. These days, just like other stocks, market participants are accumulating these three stocks as well due to valuation and strong outlook in their industry. It is time to study their stories individually to identify their prospects and to pick the best among them. All three will have more opportunities in their businesses and it is better to identify company which going to create more shareholder value in the future.
 
Among above three, TAFL was more consistent than other two during difficult period. However, as an industry all will benefit due to demand for their products locally as well as regionally and due to lower raw materials prices couple with new development in the global poultry world. This group is one of the bullish groups in the market now. Market and this group have more legs.

26GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 11:36 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
So Mr VALUEPICK you are saying TAFL is the best to buy for short term?

27GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 1:36 pm

VALUEPICK

VALUEPICK
Expert
Expert
I don’t have any short term approach to stocks. I see some opportunity in many stocks including out of favour stocks. I also see great opportunities in above stocks in this bull market. Currently, I am studying them whether there are more opportunities. I like to find at least one supper winner in this market so that we can cover losses we made in the past. Already just like some other stocks, above stocks also have started their uptrend. It is time to estimate their future earnings and do some home work on their progress, new development and their outlook etc. I am very bullish on few groups. Current share prices are not that important to me. I would like to see prices after eight month to five year period.  Can you remember there was volatility in stocks during last eight months? Now stocks are coming out of their bases and are preparing for  their next major uptrend.
 
Strong market means strong stock prices!
 
Good luck CSE!



Last edited by VALUEPICK on Sun Jul 26, 2015 2:25 pm; edited 2 times in total

28GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 1:56 pm

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Mr VALUEPICK what is ur idea about GRAN bcoz their trading price is very low compared to TAFL and also GRAN is the mother company of TAFL.

29GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 2:09 pm

VALUEPICK

VALUEPICK
Expert
Expert
When we see very good performance from TAFL, GRAN also will benefit. I think you can go through some threads here. Gran already passed 52 weeks high. GRAN will have grand year. However everybody has their own choice due to their own personality or strategy. 

30GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 3:57 pm

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Gainer wrote:GRAN ,TAFL and BFL Good news for poultry sector this budget , Another bull run very soon 


Few years ago GRAN went up ---------265.00   now trading -----44.00
                    
                    TAFL went up--------------245.00  now trading -----56.00


                   BFL went up--------------- 525.00
now trading----- 136.00

GRAN ,TAFL and BFL

They reached their all time high levels in 2011 at a similar period. That period was very suitable for poultry sectors!
by 27 Jan 2011 BFL went up to 525.00

by 03 Feb 2011 TAFL ,,    ,,      242.00 (not 245!   it's A.T.High is 242.00)


by 03 Feb 2011 GRAN ,,    ,,    265.00 (both GRAN & TAFL reached their A.T.High 
                                                     on a same day)
Guys,
This period also very suitable for poultry farms. Because of that 
GRAN ,TAFL & BFL are going to rise up! This time BLL will lead others. 


We can analyse!


The volumes of BLL in the 
current market is : 16 millions.
,,           ,,       TAFL  ,,              ,,            : 23        ,,
,,            ,,      GRAN           ,,                  : 60     ,,
so... the share volume is a barrier to GRAN to a quick rise up!
in this point of view,
1st place : BFL
2nd place:  TAFL
3rd place: GRAN
wait & see!

31GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Sun Jul 26, 2015 4:13 pm

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
thanks mr Valuepick. can u tell me what will be the best price to enter into GRAN considering a market correction and also credit clearance due happen nxt week.

32GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Mon Jul 27, 2015 11:20 am

VALUEPICK

VALUEPICK
Expert
Expert
@kassachandi wrote:thanks mr Valuepick. can u tell me what will be the best price to enter into GRAN considering a market correction and also credit clearance due happen nxt week.
We should always try to look for great winners in bull market.
 
In addition to comparing with other stocks in the market, it is also wise to compare stocks with same group, sector and related industries.  CIC is another stock to compare with GRAN.
 
Which one has strong outlook?
Which one has more value?
Which one has more attractive future earnings?
Which one can have more momentum now?
 
It is fruitless to analyse one quarter earnings. We should analyse at least more than three quarter earnings and beyond. Is GRAN  good to buy based on the future earnings, outlook and value etc? If we can find answer to above questions we should not afraid to buy any stocks at the current market prices as long as we see great value.

In addition, in bull market no need to rush to buy and sell stocks.
 
In some situation, it is not too high to buy stocks and it is not too low to sell stocks.
 
Good luck!

33GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Mon Jul 27, 2015 11:46 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks mr VP

34GRAN , TAFL , BFL - Page 2 Empty Re: GRAN , TAFL , BFL Mon Jul 27, 2015 4:00 pm

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Maize harvest for this year has been very poor. As a result, the poultry producers in Sri Lanka are experiencing a hard time. However, at an international conference held early this month, Minister deleted Dissanayake assured that the maize cultivation was flourishing.
Last February the Anuradhapura District was declared a massive maize cultivation zone, and more than 100,000 acres were allocated for this purpose. Sri Lanka's annual maize requirement is 400,000 mt. In February it was reported that farmer organizations had asked Minister Dissanayake to save them from agents by setting-up large maize and soya factories in the district as there were no sufficient storage facilities to sustain the growing harvest.
A well-known poultry producer has contradicted the report.
"Essentially the harvest yield for maize is 350,000 to 400,000 mt every year. However, we figured out that the yield for this year was only 140,000 to 150,000 mt. That is a remarkably large margin for a shortage."


Poultry feed
Corn, a by product of maize, is used for many products. Essentially it is used as poultry feed for major poultry industries. Poultry farms need an incessant supply of chicken feed which will sustain the chain of supply from the producer to the marketeer and ultimately the consumer.


The problem can be resolved by importing maize to recover the shortage which the country is facing today. The main industries affected will be the animal feed companies and poultry manufacturers. The available alternatives to corn will compromise the quality of the feed, a poultry farmer told Ceylon Today.
What is preventing this alternative from taking root? According to reports, a particular producer in Anuradhapura, known for his large-scale trading had purchased most of the maize harvested in this year's season. He is known to be monopolizing the market, in a bid to jack-up the price. The maize monopoly is also said to be encouraged by the Minister of Agriculture, who is well-known to maize traders. Minister Dissanayake, therefore, had allegedly refrained from importing maize to protect the interest of maize manufacturer K.T.S Perera.


Poultry producers
Speaking to several poultry producers of repute, Ceylon Today learnt that they wished to remain anonymous. However, one manufacturer said, "It is clear that there is a maize mafia. Several producers have been blackmailed. We do not want to take that risk."
Unfortunately, the next harvest of maize will be in February and March in 2016. Nine months of poor supply of poultry feed will naturally put an end to the poultry industry.
The massive shortage of maize also highlighted another issue. For instance, Heshan owns a fast-food restaurant in the Marine Drive. The restaurant which draws more than 500 customers in the morning hours alone has a menu which features chicken-based dishes in almost every cuisine featured.


"We buy several kilogrammes of chicken for a week. I got to know about the maize shortage. It wasn't a big deal for us as long as there was chicken in the market. But the problem we face now is the imminent shortage of chicken. We do not know when that would be, but the people who supply chicken for us keep complaining about the lack of sufficient feed. It will also have a different kind of impact. Chicken is the only meat apart from fish, which the majority Sinhalese and Tamils would eat as opposed to beef or mutton. We use eggs for several of our dishes. If you speak to patisseries and bakeries they also will have the same problem. The customer will actually suffer.


Compromise
According to several poultry manufacturers, the delay in providing sufficient feed for the fowl will compromise the quality of the fowl, and also create a massive shortage of poultry related produce such as eggs. On the other hand, the government also has a price ceiling for chicken. Therefore, the poultry manufacturer will suffer a colossal loss.
Denying all allegations levelled against him, K.T.S. Perera said, "I have no connections with the Minister of Agriculture. But I knew his father, who helped me a lot. deleted Dissanayake does not do me any extra favours. The problem was actually caused by multinational corporations."
He further said, "The companies do not think of local farmers. They have been importing corn duty-free. They have been stifling the growth of local farmers. When the government figured this out they decided to improve the local produce by strengthening the farmer. The former government under the direction of the former Minister of Economic Development made the corn industry self-sufficient. However, there weren't enough facilities to store the corn harvest. This proved advantageous for the animal feed industries, which bought the corn for a very low price.


The then Secretary to the Treasury P.B Jayasundara realized that the animal feed industries were taking an unwarranted advantage of the season. Therefore, he arranged for more storage facilities. So, if the industries were not willing to purchase the corn for the price we set, we have the alternative of storing the maize harvest. However, they knew that they can import from India for an even lower price. There were many who were monopolizing. They have been making the same complaint for the past 15 years. They are not willing to buy it for a fixed price.


There are so many reasons why we can't sell it at a minimal price. We have to take care of transport and storage expenses. If the multinational companies are so concerned, then they should help the farmer with the maize cultivation. The government is using us to make the industry widespread, because the multinational companies are not doing their part to support the industry. It is they who need the maize, not us. They used to import maize, so that they can get a huge commission and fix the prices. This will affect local farmers. Therefore, the government is not allowing them to import. It has got nothing to do with me."
K.T.S. Perera's claim was met with utter disbelief by poultry manufacturers who said the problem is not about strengthening the local farmers, but the shortage of the harvest. The produce by the local farmers is currently being held to ransom by intermediaries such as Perera, they said, adding that there should be a fair pricing mechanism.
Contrary to Perera's statement, last year during the tenure of the former President Mahinda Rajapaksa, maize was imported, and the tax for imports was also reduced. The government at that time took this decision due to the lack of supply of expected local corn stocks as animal feed in the market. According to the Ministry of Agriculture at that time, all taxes imposed on the imports of corn and its substitute sorghum have been withdrawn and a special commodity tax of 10 per cent for a kilogramme had also been granted.


Green light
The poultry manufacturers have also brought it to the Prime Minister Ranil Wickremesinghe's attention, who has reportedly given the green-light to import corn. This aspect is handled by the Ministry of Agriculture. However, the procedure required to import corn has not yet been adhered to.
It is at this juncture, the alleged relationship between Perera has come into play. The Minister was allegedly delaying the importing of corn to protect his father's associate. Ceylon Today tried to contact the Minister to shed light on the matter, butr to no avail.


An owner of a large-scale poultry industry told Ceylon Today," "The crux of the matter is that one person is blackmailing the entire country. The question is of productivity. The number of chickens will also gradually diminish, so will the number of chicken-related produce such as eggs. The producer cannot pass on the additional cost to the consumer. In essence, there will be a shortage of poultry in the country. This is in fact the work of the Mafia.


Ceylontoday, 2015-06-22 02:00:00

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