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CEYLON GRAIN ELEVATORS PLC (GRAN.N0000)

+61
krishna
Ruwan925
VS
subash81
suku502
Invest-Wise
Mr. X
Champ888
ONTHEMONEY
desh87
Chithi
vikey
Miss-Sangeetha
Eranga87
shihan 93
cseguide
Master D
SUSPENS
Captain
KavinduTM
kasun_gimhana
engineer
chathura123
maalinda
roshan1039
4Corners
jaya
bhanu
100Bill
ChooBoy
mark
Uaecoindubai
sanjulanka
NP
Trader321
Equity Suda
Ran49
saliya1000
Deen79
sharemarket
nigma
kovida
Light of Hope
DS Wijesinghe
Richman
Teller
Lucky Gamage
dow
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Ryan Hudson
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EquityChamp
65 posters

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100Bill


Senior Equity Analytic
Senior Equity Analytic

48.50 LKR not too late...any suggestions from  Equity stars..?
Tomorrow I planned

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

You can't go wrong with this..

jaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

One of the least effected industry and high of future potential

100Bill


Senior Equity Analytic
Senior Equity Analytic

Agreed.....

80CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty GRAN - be hurry Thu Jun 18, 2020 5:36 pm

4Corners


Senior Equity Analytic
Senior Equity Analytic

best buy before 55

roshan1039


Moderator
Moderator

This is a good share try to buy below 50
Will go to 60+ in short term

4Corners


Senior Equity Analytic
Senior Equity Analytic

roshan1039 wrote:This is a good share try to buy below 50
Will go to 60+ in short term
now no chance below 50.00

83CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 11:14 am

maalinda


Manager - Equity Analytics
Manager - Equity Analytics

No debt and good performance. TAFL and GRAN both great investments

EquityChamp

EquityChamp
Moderator
Moderator

Import controls and shortfall in domestic maize production is the major risk factor for this company.

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

@Equity champ
I don't think government will restrict maize or soya importation since those are important sources of chick production .
Rather hope import cost should be reduced due to low commodity price

86CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 11:34 pm

EquityChamp

EquityChamp
Moderator
Moderator

chathura123 wrote:@Equity champ
I don't think government will restrict maize or soya importation since those are important sources of chick production .
Rather hope import cost should be reduced due to low commodity price

Grain Elevators expect hit from Sri Lanka’s self-imposed trade embargo

ECONOMYNEXT – Sri Lanka’s Ceylon Grain Elevators, a feed milling and poultry farming and processing group said it has liquidity and the it is facing several risk from import controls and exchange rate volatility.

CGE, and its subsidiary Three Acre Farms both publicly traded companies said it was able to continue operators as it was declared an essential service by the government during a Coronavirus curfew but business was disrupted.

Sri Lanka has printed unprecedented volumes of money in March and April leading to a steep fall in the currency and import controls have been slapped in the style of a self-imposed trade embargo.

Grain elevators expected activity to pick up, its cash position was strong but said the exact outcome was uncertain amid the new risks.

“Several other new risks are emerging including an increase in exchange rate volatility, foreign currency unavailability, and prevailing import restrictions.

“As such the overall impact on operations is not immediately predictable.”

Sri Lanka has slapped a series of trade controls, involving import suspensions, bans, and tariff hikes.

Due to classical economic illiteracy strong Mercantilism in Sri Lanka, there is a strong belief in the country that currency problems are not caused by liquidity injections and credit but by real economy factors like imports, especially oil.

The Mercantilist belief that oil imports cause currency collapses had been undermined the minds of some true believers after the 2015/2016 currency collapse when oil prices also collapsed, and also in 2020 when oil prices fell.


Sri Lanka slapped its worst self-imposed trade embargo in the 1970s when the Bretton Woods system of soft-pegs collapsed as the Federal Reserve printed money.

The US dollar then became a free-floating currency made up of printed or fiat money.

Sri Lanka however does not have a credible monetary regime, triggering a frequent balance of payments trouble, analysts have said.

Authorities have resisted a credible external anchor by running a discretionary ‘flexible’ exchange rate and has simultaneously resisted a credible domestic anchor by running ‘flexible’ inflation targeting regime. (Colombo/May28/2020-sb)

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

Srilanka produce 60% of Maize requirement and I don't think government will impose more tariff on these animal feeds.
With recovering of Toursim and wedding parties and growth of economic activities demand for chicken will come earlier level soon but it takes some time .
Gran has no debt
ROE is at very healthy level .
Risk will be there with exchange rate fluctuations
But as far as concerning effect of other industries this will be good investment .

engineer


Manager - Equity Analytics
Manager - Equity Analytics

yes with the stability of GRAN and the resuming of almost all day to day activities and the hotels to expect foreigners from August. I too feel GRAN will be nearing its normal pace soon

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

https://www.vaxbeforetravel.com/shandong-province-china-travel-alert-raised-level-2-regarding-influenza-h9n2-cases
Some bird flu case reported in china

engineer


Manager - Equity Analytics
Manager - Equity Analytics

chathura123 wrote:https://www.vaxbeforetravel.com/shandong-province-china-travel-alert-raised-level-2-regarding-influenza-h9n2-cases
Some bird flu case reported in china

This is a one-month-old news which I think didn't escalate to a catastrophic situation l

91CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 11:07 am

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

Yes. May be .I just hint about only risk .
Maize prices and volumes
Soya bean
Rice parts
And other small parts using to make chicken foods
So cost of importation is equal to 40 %
Soya bean 1 kg is at 120 now escalated due to corona from 85 .
I think this will be ok when USA recovering .

chathura123 likes this post

92CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 12:13 pm

engineer


Manager - Equity Analytics
Manager - Equity Analytics

hmm Yes, you got a point. Since USA is nowhere near to recover or not bothered about it at all. We have to expect the unexpected Smile

4Corners


Senior Equity Analytic
Senior Equity Analytic

engineer wrote:hmm Yes, you got a point. Since USA is nowhere near to recover or not bothered about it at all. We have to expect the unexpected Smile
buy now &  exit @70++++

4Corners


Senior Equity Analytic
Senior Equity Analytic

4Corners wrote:
engineer wrote:hmm Yes, you got a point. Since USA is nowhere near to recover or not bothered about it at all. We have to expect the unexpected Smile
buy now &  exit @70+++
don't  miss the bus tomorrow morning

engineer


Manager - Equity Analytics
Manager - Equity Analytics

I got out of the bus today to get into another one  Arrow

roshan1039 likes this post

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

Collected at 45 and near .And sold half yesterday.
Others will be after election.

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics

Within 3 days made more than 20% gain and sold  cheers

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

kasun_gimhana wrote:Within 3 days made more than 20% gain and sold  cheers

Hey @kasun after a long time. well done 🤟

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Actually do you guys think GRAN deserve this price? All ideas welcome.

100CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:50 pm

Captain


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

dont know the reason exactly to creat such a demand, but hidden reason will be there.

101CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:58 pm

jaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Ban of slaughtering of cows increase the demand of chicken.

102CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:03 pm

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

soda run.... no reason for chicken run as well as demand increase...

Artificial run for long awaited chicken lovers........ Very Happy Very Happy Very Happy Very Happy

103CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:03 pm

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics

KavinduTM wrote:
kasun_gimhana wrote:Within 3 days made more than 20% gain and sold  cheers

Hey @kasun after a long time. well done 🤟
Hi @KavinduTM . I made a significant profit from GRAN. I brought 45-47 and sold 57-56 and again brought at 57-58.5  and again  made a profit selling at 71-72. The company has a huge net current asset position that's why I bought this share during the pandemic. But the current price level cant acceptable until I see the next quarterly report. May be price going up due to MR beef ban.lol



Last edited by kasun_gimhana on Thu Sep 10, 2020 3:45 pm; edited 2 times in total

104CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:04 pm

Master D


Manager - Equity Analytics
Manager - Equity Analytics

KavinduTM wrote:Actually do you guys think GRAN deserve this price? All ideas welcome.

I think today it reached peak and will reverse around 72.

KavinduTM likes this post

105CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Page 4 Empty Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:39 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

tomorrow clear drop of price

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