CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Fri Jul 22, 2016 10:04 am
Market has reacted for flat earnings #BFL earnings due to cost of strategic investments + tax. However interesting fact to note is that Top Line in remaining at the same level and sustain at healthy levels.
In comparison to #BFL, #TAFL and #GRAN does not have this cost of strategic Investments. Hence there is high chance for those 2 counters to record much higher earnings q2 2016.
Out of that #GRAN has more chances appreciate 20% in the short run from current levels since it has not moved in relations to other 2 main poultry counters.