Can someone explain why market is going down every day ? and Grain ?

Lalindra Ranasinghe

Lalindra Ranasinghe

Stock Trader

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Join date : 2011-05-09

Grain is going down again..... also someone is collecting same stock too ..... Please provide thoughts on this. Finally all small investors are will be in trouble. What CSE is going ? bom

salt

salt

Vice President - Equity Analytics

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Join date : 2011-01-31

Forget about market reaction, as long as the company deliver value! It will refelcet in the price one day.
Despite high raw material prices, Grain Elevators Plc, yesterday said that it has reported a net profit of Rs.94.3Mn for the 1st quarter 2011, as compared to the net profit of Rs.57.5Mn reported during the same period in 2010.

Group net turnover for the 1st quarter 2011 was Rs.2,292.3Mn as compared to Rs.1,813.9Mn during the 1st quarter of 2010, an increase of Rs.478.4Mn or 26%.

“As the local maize production was badly affected by the unfavorable weather conditions early this year and the government restriction on importation of maize still continuing, the sourcing of the main raw material has become a major challenge for the poultry industry.”

“In spite of high raw material prices, the company was able to make a profit during the period under review mainly due to its cost effective feed formulation & efficient operations” the company said in interim accounts.

RANGANA PERERA

RANGANA PERERA

Manager - Equity Analytics

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SEC is dead........... Sad

StocksWatch

StocksWatch

Assistant Vice President - Equity Analytics

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Lalindra Ranasinghe wrote:Grain is going down again..... also someone is collecting same stock too ..... Please provide thoughts on this. Finally all small investors are will be in trouble. What CSE is going ?

Both the person who buys and the person who sells think they are the winner, isn't it?

asigiriyage

asigiriyage

Manager - Equity Analytics

Posts : 108
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Join date : 2011-02-28

with this current market condition new commers affraid to pump new money so sec has to do something, and also more and more ipo's to come

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Can someone explain why market is going down every day ? and Grain ?

1 Can someone explain why market is going down every day ? and Grain ? Wed May 11, 2011 11:32 am

Lalindra Ranasinghe

2 Re: Can someone explain why market is going down every day ? and Grain ? Wed May 11, 2011 11:44 am

salt

3 Re: Can someone explain why market is going down every day ? and Grain ? Wed May 11, 2011 11:50 am

RANGANA PERERA

4 Re: Can someone explain why market is going down every day ? and Grain ? Wed May 11, 2011 1:17 pm

StocksWatch

5 Re: Can someone explain why market is going down every day ? and Grain ? Wed May 11, 2011 5:12 pm

asigiriyage

6 Re: Can someone explain why market is going down every day ? and Grain ?

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