GRAN FUTURE !!!!

kassachandi · 1 GRAN FUTURE !!!! Mon Sep 14, 2015 7:12 pm

kassachandi

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Any one why is this heavy buying in GRAN. What will be the short term target price ? I think this can hit 100 this month with super results and dont forget GRAN is the mother company of TAFL

jayathu · 2 Re: GRAN FUTURE !!!! Mon Sep 14, 2015 10:44 pm

jayathu

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can see 20-30% price appreciation for chicken stocks short term. People ar speculating gud report expected to come out.
It's pretty hard to predict there profitability, it's highly volatile.

kassachandi · 3 Re: GRAN FUTURE !!!! Tue Sep 15, 2015 9:18 am

kassachandi

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GRAN will pass 92 today

VALUEPICK · 4 Re: GRAN FUTURE !!!! Tue Sep 15, 2015 2:37 pm

VALUEPICK

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It is because of investor interest. Lot of stocks have future because they have some long term valuable businesses. GRAN also has long term business.

As long as we see value, momentum and strong outlook we should be happy. We should study this stock in the coming quarters. Then we can get some idea. Not only GRAN but also many stocks in the CSE have more legs. As an industry group GRAN is also appreciating along with other stocks in the same group. When they form strong momentum stocks in the group they go up together. However one will have strong momentum in this group and others should follow it.

Have you noticed there is a difference of around Rs.45 between GRAN and TAFL? At the moment TAFL has very strong momentum due to its strong outlook. Besides it was able to perform well even during difficult period. Don’t worry about GRAN. Its momentum is also gathering now while having minor pause, minor pull back and minor volatility time to time. After initial break out, this stock has formed its major uptrend. However today’s momentum slowed down toward end of the day. Short term we cannot estimate targets for stocks. It is time to study GRAN’s bigger picture.

kassachandi · 5 Re: GRAN FUTURE !!!! Tue Sep 15, 2015 4:22 pm

kassachandi

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Yes Mr valupick.I think GRAN will record more than 3 EPS this quarter,so this will touch 100 this month with the expected good results.TAFL is also a holding of GRAN.