Chicken prices soar to Rs. 480 - NEWS

dimuthubas · 1 Chicken prices soar to Rs. 480 - NEWS Fri Sep 16, 2011 9:59 am

dimuthubas

Stock Analytic

Posts : 17
Equity Stars : 5058
Reputation : 3
Join date : 2011-02-10

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=34691

I guess there will be a huge demand in coming moths, and come to its peak by December..
As per the news above, it seems that there is a growing demand against supply gradually. And it might go beyond control in coming months..

Opinions pls..

kelumhewage · 2 Re: Chicken prices soar to Rs. 480 - NEWS Fri Sep 16, 2011 11:06 am

kelumhewage

Manager - Equity Analytics

Posts : 152
Equity Stars : 5150
Reputation : 3
Join date : 2011-08-12

yes absolutely.....

balapas · 3 Re: Chicken prices soar to Rs. 480 - NEWS Fri Sep 16, 2011 11:33 am

balapas

Senior Manager - Equity Analytics

Posts : 359
Equity Stars : 5253
Reputation : 26
Join date : 2011-07-25
Age : 44

This article does not say anything about demand! It says that prices are unrealistically high, chances are that the the relevant authority will force a price reduction. Poor attempt by you to promote your poultry shares!

Hiru · 4 Re: Chicken prices soar to Rs. 480 - NEWS Fri Sep 16, 2011 11:46 am

Hiru

Manager - Equity Analytics

Posts : 274
Equity Stars : 5330
Reputation : 31
Join date : 2011-04-24

If chicken prices went up, I would be benefited as some shares are in my PF.

However, above post may be an imagination and the prices can go opposite side as the price control would be implemented if this price level is unreasonable.

dimuthubas · 5 Re: Chicken prices soar to Rs. 480 - NEWS Fri Sep 16, 2011 12:55 pm

dimuthubas

Stock Analytic

Posts : 17
Equity Stars : 5058
Reputation : 3
Join date : 2011-02-10

@ balapas

Im really sorry about ur understanding, I talk/ point out about the POSSIBILITY. It’s a well known secret that chicken price and the tourist arrival (tourism) coming to its peak when the season start from November.

Yes defiantly there will be some Price control as it says soon.. that’s Y I said when it come to November/ December prices might not been able to control by implementing barriers. Demand will be so high. "IT MIGHT GO BEYOND ITS CONTROL”.. (it was a point.. and that’s Y I ask some experts “Opinions pls..” at bottom)

2nd thing is, price could not higher without a demand.. I said that demand has been started, already (LOOK LIKE) earlier than expected (Before November/December).

Other than that im not a big player and im not a manipulator.

RIO · 6 Re: Chicken prices soar to Rs. 480 - NEWS Fri Sep 16, 2011 1:02 pm

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 5563
Reputation : 84
Join date : 2011-06-01

+ rep for straightforwardness....! Very Happy

Chinwi · 7 Re: Chicken prices soar to Rs. 480 - NEWS Sat Sep 17, 2011 2:30 pm

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 9155
Reputation : 418
Join date : 2010-06-08
Location : Asia

RIO wrote:+ rep for straightforwardness....!

From me too.

( not to you but to dimuthubas santa

)

bakapandithaya · 8 Re: Chicken prices soar to Rs. 480 - NEWS Sat Sep 17, 2011 5:44 pm

bakapandithaya

Vice President - Equity Analytics

Posts : 1447
Equity Stars : 7623
Reputation : 58
Join date : 2011-09-17

Chicken price going up in super market

, but chicken stocks going down in share market

Kithsiri · 9 Re: Chicken prices soar to Rs. 480 - NEWS Sat Sep 17, 2011 6:16 pm

Kithsiri

Senior Vice President - Equity Analytics

Posts : 1758
Equity Stars : 7284
Reputation : 132
Join date : 2011-03-25
Age : 66
Location : රජ්ගම

bakapandithaya wrote:Chicken price going up in super market, but chicken stocks going down in share market

Artificially inflated chicken prices will force the authorities to import them (like what they did last time) and that would eventually affect the profits and share price too to go down? Laughing

Roboticfx · 10 Re: Chicken prices soar to Rs. 480 - NEWS Sat Sep 17, 2011 8:13 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 8106
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Our government won't allow chicken prices to move up like the last time. The other thing is chicken prices can go up because of the increasing of the productivity cost. If it is, company profits will down.