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

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by Bakkabwoi Today at 11:57 am

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Today at 9:45 am

» DFCC will be receiving Rs.594,538,285.50
by KavinduTM Today at 9:29 am

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by stockchaser Today at 2:42 am

» GLAS will be winner with Super Gain.
by Eranga87 Today at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Yesterday at 9:58 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by chathura123 Yesterday at 8:52 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Yesterday at 6:22 pm

» SEMB SEMB
by stockchaser Yesterday at 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Yesterday at 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Yesterday at 2:52 pm

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Yesterday at 1:32 pm

» DIPD/HAYC/HAYL
by Wickyz Yesterday at 1:19 pm

» Chart 25.02.2021
by stockback Yesterday at 12:41 pm

» is it a good time to sell expo shares
by Kipling Yesterday at 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Yesterday at 8:13 am

» Leading brokers causing market downturn
by Mithooshan Yesterday at 7:40 am

» Must watch this video - unnecessary panic
by Jana Yesterday at 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Yesterday at 12:03 am

» Daily Foreign Transactions
by Mr. X Wed Feb 24, 2021 11:28 pm

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™ » Comparison TAFL,BFL & GRAN

Comparison TAFL,BFL & GRAN

Go down  Message [Page 1 of 1]

1Comparison TAFL,BFL & GRAN Empty Comparison TAFL,BFL & GRAN Wed Oct 18, 2017 3:40 am

wisdom


Equity Analytic
Equity Analytic
Some people believe that cost of production is too high in Poultry sector. But you can find it is not for all.

Q2-2017
 TAFLGRANBFL
Revenue602 Mn3842MN963Mn
Profit164Mn210MN116Mn
Profit(Operations) margin27%5%12%
EPS(Quater)6.992.347.26
NAVPS112.987.08208
Market Price12070158.5
Q1-2017
 TAFLGRANBFL
Revenue630 Mn3833Mn764Mn
Profit189Mn248Mn346Mn
Profit(Operations) margin30%6%45%
EPS(Quater)8.032.821.63
Q4-2016
 TAFLGRANBFL
Revenue713Mn3702Mn1132Mn
Profit225Mn469Mn237Mn
Profit(Operations) margin31%12%21%
EPS(Quater)9.524.614.82

It is a trend to move share price of those companies same period even though with low performers. As industry leader GRAN always has more interest and lowest share price. But it is the less worth and least profitable company out of those. Profit margin is low and heavily dependable world market prices for corn flour. 
BFL is a good share but it is not attractive as TAFL. March-17 quarter they earned their profit almost as other operational income but not from operations.  
TAFL always maintain good profit margin as we cant see any other industry.  Strong earnings and increasing dividend income will create this share more attractive in the market. There will be a day in near future TAFL performing alone.
For the poultry industry there is a seasonal effect. The ones who has holding power for few months TAFL will give a decent gain.

2Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Thu Oct 19, 2017 3:07 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
this very good information ! but forum busy promoting garbage ! most forum members want to promote not come out with good information like yours ! thank you for this good information ! we need more members like you ! good luck

3Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Thu Oct 19, 2017 4:31 pm

Dr.H


Stock Analytic
Stock Analytic
Yes, I see poultry industry didn't react to any of the positive news.
1. Tax on maize prices reduced. (http://www.economynext.com/Sri_Lanka_cuts_import_taxes_on_rice,_maize_wheat_fish_amid_drought-3-8434.html)

2. Poultry comes under agree category, therefore corporate will be at 14% not 28% 

3. Price control on Chicken removed. (http://dailynews.lk/2017/03/14/local/110338/price-controls-chicken-sugar-removed)

Therefore, industry cost of production can not be high and even if it is high they can pass on to the customers as price control removed. 

If you see TAFL Net profit margin, it has come down from 31% to 27% only while GRAN Net profit margin down from 12% to 5%. I personally feel TAFL share price is highly valued at Rs 120

4Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Thu Oct 19, 2017 7:14 pm

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Yes. Tafl is in strong hands and 120 is a super support level.

5Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Sat Oct 21, 2017 6:11 am

wisdom


Equity Analytic
Equity Analytic
Very strong reasons to Poultry industry to make good profit for BIG companies. Thanks for sharing Dr. H

With the reduction of corporate tax to 14% industry leaders who is using higher tec for production can reduce price further while small industry players not gaining any significant cost savings. So I assume bigger companies might dominate the industry with acquiring more market share.

6Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Sat Oct 21, 2017 6:55 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@wisdom wrote:Very strong reasons to Poultry industry to make good profit for BIG companies. Thanks for sharing Dr. H

With the reduction of corporate tax to 14% industry leaders who is using higher tec for production can reduce price further while small industry players not gaining any significant cost savings. So I assume bigger companies might dominate the industry with acquiring more market share.
What will Wisdom 78&79 will say about Wisdom  Rolling Eyes Rolling Eyes we know who you are lol!

7Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Sat Oct 21, 2017 12:01 pm

wisdom


Equity Analytic
Equity Analytic
People tend to decide past experiences and perceptions. But for the right decisions need bit more

8Comparison TAFL,BFL & GRAN Empty GRAN BEST PRICE Mon Oct 23, 2017 10:17 am

Ahcha

Ahcha
Manager - Equity Analytics
Manager - Equity Analytics
@wisdom wrote:People tend to decide past experiences and perceptions. But for the right decisions need bit more
Good buy and hold GRAN,it went up to 94.00 in March 17.

9Comparison TAFL,BFL & GRAN Empty BFL results Wed Nov 01, 2017 3:58 pm

Dr.H


Stock Analytic
Stock Analytic
Bairaha Farms has posted flat results on company level and group level has posted a significant drop. I assume feed mill might have been the reason behind the drop in Group level. with a healthy level of rain fall i assume maize production should have resumed. Therefore can expect the maize price to drop in the running quarter. If anyone have access to maize prices please update us to foresee the performance.

Thank you.

10Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Wed Nov 01, 2017 10:09 pm

predictor


Senior Equity Analytic
Senior Equity Analytic
This sector specially Grains are going to perform in a big way. World market grain prices are low about $147/-
They were not allowed to import and they were asking govt. to give the permission and it was given on 1st August.
Grain imports during last 3 months were very high and even the total imports increased due to this as well. With this they will show huge results time to come.

11Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Tue Nov 07, 2017 6:11 pm

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
GRAN profits down by 60% , same with TAFL .. hope it will go down some where around 50-55

12Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Tue Nov 07, 2017 10:50 pm

predictor


Senior Equity Analytic
Senior Equity Analytic
As per the Sept report they have got the govt. approval to import maize (from 1st August) and taxes were reduced to 10/- per kilo from 65%, This is going to boost their next qtr considerably. Even the imported maize is very much cheaper than the local maize.

13Comparison TAFL,BFL & GRAN Empty Re: Comparison TAFL,BFL & GRAN Wed Nov 08, 2017 8:06 am

prasa2004


Manager - Equity Analytics
Manager - Equity Analytics
Based on current results BFL is better than TAFL.

Sponsored content


Back to top  Message [Page 1 of 1]

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