CEYLON GRAIN ELEVATORS PLC (GRAN.N0000)

100Bill · 76 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 4:39 pm

100Bill

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

bhanu · 77 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 4:55 pm

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You can't go wrong with this..

jaya · 78 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 5:02 pm

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One of the least effected industry and high of future potential

100Bill · 79 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 6:18 pm

100Bill

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Agreed.....

4Corners · 80 GRAN - be hurry Thu Jun 18, 2020 5:36 pm

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best buy before 55

roshan1039 · 81 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Jun 18, 2020 6:56 pm

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

4Corners · 82 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Jun 18, 2020 7:31 pm

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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

maalinda · 83 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 11:14 am

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

EquityChamp · 84 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 2:48 pm

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

chathura123 · 85 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 3:28 pm

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@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

EquityChamp · 86 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 11:34 pm

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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 · 87 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sat Jun 20, 2020 2:07 am

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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 · 88 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sat Jun 20, 2020 9:09 am

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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 · 89 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sat Jun 20, 2020 9:59 pm

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

engineer · 90 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 7:23 am

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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

chathura123 · 91 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 11:07 am

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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 .

engineer · 92 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 12:13 pm

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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 · 93 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 2:32 pm

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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

buy now & exit @70++++

4Corners · 94 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Mon Jun 22, 2020 8:22 pm

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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

buy now & exit @70+++

don't miss the bus tomorrow morning

engineer · 95 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Mon Jun 22, 2020 9:36 pm

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

chathura123 · 96 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Tue Jun 23, 2020 5:07 am

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

kasun_gimhana · 97 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:35 pm

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

KavinduTM · 98 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:39 pm

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

Hey @kasun after a long time. well done 🤟

KavinduTM · 99 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:40 pm

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

Captain · **100** Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:50 pm

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

jaya · **101** Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:58 pm

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Ban of slaughtering of cows increase the demand of chicken.

SUSPENS · **102** Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:03 pm

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

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

kasun_gimhana · **103** Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:03 pm

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KavinduTM wrote:

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

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

Master D · **104** Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:04 pm

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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.

cseguide · **105** Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 3:39 pm

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tomorrow clear drop of price

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CEYLON GRAIN ELEVATORS PLC (GRAN.N0000)

76 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 4:39 pm

100Bill

77 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 4:55 pm

bhanu

78 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 5:02 pm

jaya

79 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu May 21, 2020 6:18 pm

100Bill

80 GRAN - be hurry Thu Jun 18, 2020 5:36 pm

4Corners

81 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Jun 18, 2020 6:56 pm

roshan1039

82 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Jun 18, 2020 7:31 pm

4Corners

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

maalinda

84 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 2:48 pm

EquityChamp

85 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Fri Jun 19, 2020 3:28 pm

chathura123

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

EquityChamp

87 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sat Jun 20, 2020 2:07 am

chathura123

88 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sat Jun 20, 2020 9:09 am

engineer

89 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sat Jun 20, 2020 9:59 pm

chathura123

90 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 7:23 am

engineer

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

chathura123

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

engineer

93 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Sun Jun 21, 2020 2:32 pm

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94 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Mon Jun 22, 2020 8:22 pm

4Corners

95 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Mon Jun 22, 2020 9:36 pm

engineer

96 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Tue Jun 23, 2020 5:07 am

chathura123

97 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:35 pm

kasun_gimhana

98 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:39 pm

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99 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) Thu Sep 10, 2020 2:40 pm

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

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

SUSPENS

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

kasun_gimhana

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

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

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106 Re: CEYLON GRAIN ELEVATORS PLC (GRAN.N0000)

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