Is TAFL , BFL , GRAN next ?

Prince · 1 Is TAFL , BFL , GRAN next ? Fri Jun 17, 2011 9:55 pm

Prince

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by looking at buying patterns of TAFL , BFL , GRAN for last few weeks and understanding the price support levels, I predict a CHIKEN RUN very soon. when thinking about the BFL recent news about their expansion plans I sense a right issue kind of a thing.

what do you think guys ..? ? is this the time for a Buy ..? ?

Last edited by Quibit on Sat Jun 18, 2011 5:14 pm; edited 2 times in total

GJ · 2 Re: Is TAFL , BFL , GRAN next ? Sat Jun 18, 2011 7:20 am

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i think sometime BFL may pass 410.00 very soon,
this is my personal opinion

Last edited by mark on Tue Jun 21, 2011 6:11 pm; edited 1 time in total (Reason for editing : deleted some points which giving direct buy implications,and edited accordingly as suitable for express user's opinions)

ronstyn · 3 Re: Is TAFL , BFL , GRAN next ? Sat Jun 18, 2011 9:59 am

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Prince wrote:

when thinking about the BFL recent news about their expansion plans I sense a right issue kind of a thing ......

Looking at their cash flow they can easily fund their expansion with internally
generated cash, so i don"t see a need for a rights issue.

gann · 4 Re: Is TAFL , BFL , GRAN next ? Sun Jun 19, 2011 11:29 pm

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I think you guys should keep an eye on TAFL and GRAN. Hopefully hard days should be over for you chicken lovers Smile

Good Luck

themask · 5 Re: Is TAFL , BFL , GRAN next ? Mon Jun 20, 2011 4:24 pm

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Their expansion plans were there since last December, there was an announcement after they signed the agreement with BOI.

Revolution · 6 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 11:42 am

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Themask, so do you think there will be a uptrend in these? (as per your idea)

Prince · 7 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 11:47 am

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Check with your Broker.

yesterday most of the Brokers advised to buy GRAN.

themask · 8 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 11:51 am

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I'm not an expert but as Gann pointed out there can be small uptrends but I don't think there will be any strong rallies like we saw in last December because as per the news papers there is an oversupply of chicken and eggs these days, small farmers are selling below the production cost due to the lack of coordination in the poultry industry. Even the government has destroyed 300000 eggs out of 1000000 they importerd according to Dr. Wanasinghe. There were some news paper articles, if you google you may find those.
However after august there will be an uptrend and Bairaha's New farm production will be in the market for the Christmas. Even I hold some Bariraha which I bought just below 300 and lets hope for the best.

themask · 9 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 11:58 am

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If the brokers are promoting these shares then anything can happen because they can control half of the retail money. Sometimes they promote even loss making companies. Asia was promoting Greg last year.
These shares are discounted these days and if you can hold till next January or so this is a good time to buy.

Revolution · 10 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 4:31 pm

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lets just have our fingers crossed for a better tomorrow

econ · 11 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 5:13 pm

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In any market Brokers are usually the market makers.
No difference in stock market or vehicle market.. Very Happy

Last edited by econ on Tue Jun 21, 2011 6:29 pm; edited 1 time in total

mark · 12 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 6:19 pm

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im still searching their bases to enter..........hope i would find them in tmrw Wink

Ben Graham · 13 Re: Is TAFL , BFL , GRAN next ? Tue Jun 21, 2011 10:17 pm

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To me BFL passed the base (around 380) and another is on the line(360) which is nt quite strong enough, i think. Its next base is around 290~300. grrrrr...
GRAN passed its support of 130~135. its next strong base is near 70/73~75. now on a weak base.
TAFL; 100~105 is a gud base. if its passed then 80 range...

This is my personal view only.