FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» GLAS will be winner with Super Gain.
by Eranga87 Today at 4:57 pm

» Growing Fear
by Mr. X Today at 4:55 pm

» DIPD/HAYC/HAYL
by El Patron Today at 1:13 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Today at 12:54 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by Mr. X Today at 12:40 pm

» LDEV LDEV LDEV
by Eranga87 Today at 10:27 am

» No trader can flee from making a mistake. It’s just that you need to be careful about not repeating your mistakes.
by Mithooshan Today at 7:42 am

» Daily Foreign Transactions
by Pradeep90 Yesterday at 8:33 pm

» SWISSTEK (CEYLON) PLC (PARQ.N0000)
by Chithi Yesterday at 7:45 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Jana Yesterday at 6:14 pm

» US dollar trading lower, euro near new high
by target1 Yesterday at 1:38 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Equity Win Yesterday at 1:23 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Yesterday at 11:59 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Sun Apr 18, 2021 4:12 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » No idea why BFL is being sold down

No idea why BFL is being sold down

Go down  Message [Page 1 of 1]

1No idea why BFL is being sold down Empty No idea why BFL is being sold down Thu Oct 22, 2015 10:36 am

raider


Manager - Equity Analytics
Manager - Equity Analytics
I'm guessing there is a lot of credit clearing going on?

BFL is now fundamentally solid and will post exceptional gains post-budget.

I'm following "BUY WHEN OTHERS SELL". Your opinions?

2No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 10:41 am

EquityChamp

EquityChamp
Moderator
Moderator
Good. This is the stabilizing price band for BFL.

3No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 11:16 am

samaritan


Moderator
Moderator
@raider wrote:I'm guessing there is a lot of credit clearing going on?

BFL is now fundamentally solid and will post exceptional gains post-budget.

I'm following "BUY WHEN OTHERS SELL". Your opinions?

May be others are following "SELL WHEN OTHERS BUY". No idea why BFL is being sold down Icon_lol

4No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 11:20 am

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics
dont worry thats the nature of market. BFL will fly..when it fallen catch it @ low price...better thing is buy or sell you should waiting untill their movement

5No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 11:31 am

SLBOY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ETF  might be disposing their quantity. ???

6No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 11:35 am

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics
lot of companies eying this. if EPS ok then why get worry..?

7No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 11:55 am

SLBOY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@gayanath1983 wrote:lot of companies eying this. if EPS ok then why get worry..?

yep. I will hold alt east another 03 months.

8No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 12:00 pm

VALUEPICK

VALUEPICK
Expert
Expert
Just like REXP, We have to wait patiently until major mover in the poultry group TAFL to start its next strong momentum.  After that all poultry group could have rally. As I said before this time TAFL could have more momentum in the poultry group. 

9No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 1:00 pm

fadhlilham

fadhlilham
Equity Analytic
Equity Analytic
I guess people are taking there profits and exiting, enter the stock again when it selling pressure reduces

10No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 1:10 pm

VALUEPICK

VALUEPICK
Expert
Expert
BFL should rebound strongly due to reported strong earnings and strong outlook. What we are seeing is unusual selling.  I think this also could create another great opportunity. It is getting very closer to its final bottom now.

11No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 2:42 pm

fulltilt


Senior Equity Analytic
Senior Equity Analytic
BFL good time to collect. Their Q3 results will be super and we can expect close to 12/- EPS. End Jan/early Feb this share should trade over 300/-. Who ever selling now will regret. I think people who are selling now are the ones who cannot hold it for longer as some would have borrowed/ margin and would have taken a short term position on BFL. That's probably why its dropping. Some others would be thinking to sell down half the portfolio thinking the price will go down to collect more in the coming weeks. I think BFL will bottom out around 220-225.

12No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 7:37 pm

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics
@SLBOY wrote:ETF  might be disposing their quantity. ???

yeh... its ETF... they are unloading little by little...
i heard EPF sold their 2.9M of ACL wiothin last 2 week(its not confirmed)...
 
Be careful EPF and ETF  unloading everything these days....   Evil or Very Mad Evil or Very Mad Evil or Very Mad

13No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 7:44 pm

EquityChamp

EquityChamp
Moderator
Moderator
@shadow walker wrote:
@SLBOY wrote:ETF  might be disposing their quantity. ???

yeh... its ETF... they are unloading little by little...
i heard EPF sold their 2.9M of ACL wiothin last 2 week(its not confirmed)...
 
Be careful EPF and ETF  unloading everything these days....   Evil or Very Mad Evil or Very Mad Evil or Very Mad

News is that EPF can invest certain % of the fund only in equity and they are making room for a big investment. The news further tells that one of JKH's major foreign shareholder is searching for a suitable buyer to shed the stake and reportedly the buyer will going to be EPF. The deal price may be between 175-180 range.

14No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 8:01 pm

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics
@EquityChamp wrote:
@shadow walker wrote:
@SLBOY wrote:ETF  might be disposing their quantity. ???

yeh... its ETF... they are unloading little by little...
i heard EPF sold their 2.9M of ACL wiothin last 2 week(its not confirmed)...
 
Be careful EPF and ETF  unloading everything these days....   Evil or Very Mad Evil or Very Mad Evil or Very Mad

News is that EPF can invest certain % of the fund only in equity and they are making room for a big investment. The news further tells that one of JKH's major foreign shareholder is searching for a suitable buyer to shed the stake and reportedly the buyer will going to be EPF. The deal price may be between 175-180 range.

but if EPF continue their aggressive selling pattern.... it will be a disaster.....
first EPF sold BFL and ACL.. whats next....
whose gonna absorb this much selling pressure...

if they wants to enter to JKH its good... 
if government let port city project to continue.... this will be a great investment for EPF

15No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 8:38 pm

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
EPF and ETF should be more responsible than this. I think the government doesn't have money to pay salaries. They may be selling upon the instruction from Finance Minister. That's why they are selling such valuable shares so cheap. BFL and ACL deserves to trade at a higher price.

EPF disposed 1,461,437 shares within 3 months. They have finished their selling now. ETF is having 1,532,559 shares. I hope they have cleared partly as yesterday we witnessed huge selling. Today we witnessed selling in the morning and afternoon but cooled off finally. Today last trades were at 229/=. We hope that EPF will not rush to sell the balance at cheap prices.

What ever said BFL should have gone to 260/= at least after the results for reporting such amazing earnings. We can consider bit unlucky. But one thing is sure. After all these drama by ETF and EPF this will fly to 300/= easily.

If you notice the trades from 2 pm to 2.30, only 1100 shares traded. The sellers are not ready to sell at this cheap price.

Very soon we can expect a fresh rally in the poultry sector.

16No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 8:49 pm

Teller

Teller
Moderator
Moderator
EPF and ETF should not hold poultry shares. Thats the recommendations as per experts. So i hope they will continue the sell.


_________________




Teller said is said..

17No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 8:55 pm

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
EPF finished selling. ETF, might have cleared a lot and don't know their strategy whether they will rush to clear or wait till the price go up.

Good news is today there is foreign buying for BFL, 41805 shares bought by foreigners.

18No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 9:36 pm

C S E 2015


Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:EPF and ETF should not hold poultry shares. Thats the recommendations as per experts. So i hope they will continue the sell.
YES, TELLER AGREE WITH YOU...

COZ..POULTRY HIGH PROFIT CASE IS PERIODICALLY HAPPEN....

SO...THIS YEAR DEMAND WAS HIGH AND SUPPLY WAS LAW....SO PRICES WENT UP...

NOW SMALL PEOPLE WILL ENTER INTO THIS INDUSTRY DUE TO PROFIT....

SO, NEXT YEAR WE CAN EXPECT HIGH SUPPLY AND LOW DEMAND THEN PRICES WILL COME DOWN AND SMALL INVESTORS GOING TO BANKRUPT AGAIN...

THEN ANOTHER TWO OR THREE YEARS TIME AGAIN POULTRY INDUSTRY GIVES HIGH PROFITS...

BUT ANYHOW...PRIMA IS THE ONLY DISTRIBUTOR FOR THE BROILER CHICKEN IN SRI LANKA....

19No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 10:17 pm

BvsB

BvsB
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dineshfernando wrote:EPF and ETF should be more responsible than this. I think the government doesn't have money to pay salaries. They may be selling upon the instruction from Finance Minister. That's why they are selling such valuable shares so cheap. BFL and ACL deserves to trade at a higher price.

EPF disposed 1,461,437 shares within 3 months. They have finished their selling now. ETF is having 1,532,559 shares. I hope they have cleared partly as yesterday we witnessed huge selling. Today we witnessed selling in the morning and afternoon but cooled off finally. Today last trades were at 229/=. We hope that EPF will not rush to sell the balance at cheap prices.

What ever said BFL should have gone to 260/= at least after the results for reporting such amazing earnings. We can consider bit unlucky. But one thing is sure. After all these drama by ETF and EPF this will fly to 300/= easily.

If you notice the trades from 2 pm to 2.30, only 1100 shares traded. The sellers are not ready to sell at this cheap price.

Very soon we can expect a fresh rally in the poultry sector.
Yes ,Dinesh.
Sell orders are getting dusted while with big volumes .....

This is now mind game...

Come on Guys..
Now it is highly unlikely BFL to trade below Rs 220 /- .
Wait & see guys-Growing share which is having annualized EPS around 35 with sound B/S & CF.

Still trading around Rs 225.... Wink

Moreover BFL is going to report their best results with December Quarter.


Lot of reasons not to get panic....


-Increased disposable income for government sector employees.
-Decreasing cost of sales with low commodity prices.
-Increased consumer demand  in Sri Lanka.
-USD appreciation (putting icing on the cake for TAFL Wink with 30% export volume)
-Raw material cost is in the very low level.
-Sound future outlook for the Poultry with expanding exports.
-Pullback already happened & searching the direction with neutral RSI.
 
 
Clearly you have a bright future with BFL-TAFL-GRAN.

20No idea why BFL is being sold down Empty Re: No idea why BFL is being sold down Thu Oct 22, 2015 10:31 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@BvsB wrote:
@dineshfernando wrote:EPF and ETF should be more responsible than this. I think the government doesn't have money to pay salaries. They may be selling upon the instruction from Finance Minister. That's why they are selling such valuable shares so cheap. BFL and ACL deserves to trade at a higher price.

EPF disposed 1,461,437 shares within 3 months. They have finished their selling now. ETF is having 1,532,559 shares. I hope they have cleared partly as yesterday we witnessed huge selling. Today we witnessed selling in the morning and afternoon but cooled off finally. Today last trades were at 229/=. We hope that EPF will not rush to sell the balance at cheap prices.

What ever said BFL should have gone to 260/= at least after the results for reporting such amazing earnings. We can consider bit unlucky. But one thing is sure. After all these drama by ETF and EPF this will fly to 300/= easily.

If you notice the trades from 2 pm to 2.30, only 1100 shares traded. The sellers are not ready to sell at this cheap price.

Very soon we can expect a fresh rally in the poultry sector.
Yes ,Dinesh.
Sell orders are getting dusted while with big volumes .....

This is now mind game...

Come on Guys..
Now it is highly unlikely BFL to trade below Rs 220 /- .
Wait & see guys-Growing share which is having annualized EPS around 35 with sound B/S & CF.

Still trading around Rs 225.... Wink

Moreover BFL is going to report their best results with December Quarter.


Lot of reasons not to get panic....


-Increased disposable income for government sector employees.
-Decreasing cost of sales with low commodity prices.
-Increased consumer demand  in Sri Lanka.
-USD appreciation (putting icing on the cake for TAFL Wink with 30% export volume)
-Raw material cost is in the very low level.
-Sound future outlook for the Poultry with expanding exports.
-Pullback already happened & searching the direction with neutral RSI.
 
 
Clearly you have a bright future with BFL-TAFL-GRAN.


today foreign buying 9.5 Million Rupees.

its not much. but they are looking on this at this level.

I think tomorrow start again journey

Sponsored content


Back to top  Message [Page 1 of 1]

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