TAFL/GRAN/BFL

Bull Master · 1 TAFL/GRAN/BFL Mon Jan 25, 2016 11:30 am

Bull Master

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The above three companies are having very minimum debts in their books.There three companies are one of very few companies listed in CSE which are having very low or minimal loan balances.

There future business potential is very strong, and their management is very strong too.

This is a very good chance to the investors to have these shares in anybody's PF.

Expected a Boom in profits and high dividend from them.

EPS · 2 Re: TAFL/GRAN/BFL Mon Jan 25, 2016 11:41 am

EPS

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BFL last quarter EPS is above 10 and 09 months above 28.
TAFL 09 months EPS is above 14 and I expect 22 to 25 EPS for year end.
TAFL profit will consolidated to GRAN.

actually, BFL should trade above 210/- at least now. patient is the key. So, I guess TAFL to break Rs.150/- or 160/- plus after the financials out.
TAFL will give you the maximum return.

Why Asha Philips issue a special report on TAFL ? Why they predict TAFL fare value as Rs.170/- ?
So, try to collect more TAFL...

EPS · 3 Re: TAFL/GRAN/BFL Mon Jan 25, 2016 11:48 am

EPS

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Multiples based analysis and valuation

The basic Earnings per Share (EPS) for the Group for the 9-months ending 30 Sept 2015 was LKR 14.75 (LKR 6.79 2014 Dec). The net assets per share at book value at year end increased to LKR 60.76 (LKR 41.80 in 2014/15). The Company’s share price currently is around LKR 110.20 (31st Dec 2014 was LKR 51.0). The share price was moving within a range of LKR 45.0 to LKR 162.8 during the 52-weeks. The current market capitalization of the Company was LKR 2.594 Bn as at 31st December 2015.

BFL share is currently (12.01.16) trading at a trailing PER of around 6.81x which is a 68% discount against the BFI sector PER multiple of 20.8X. On the basis of relative asset valuation; the company is trading 49% below the BFI sector PBV of 4.90x. However, the Beverages Food and Tobacco Industry sector is skewed owing to the contribution of large multi-national companies such as CTC and Nestle within the same sector to which BFL is not in par with.

As such based on the trailing Sector multiples discounted by 50% given the sector being highly skewed towards the larger companies the BFL counter can be given a value ranging between LKR 145.82 to LKR 184.08 in the medium term. In terms relative valuation based on comparable peer companies within the sector a value ranging between LKR 207/- to LKR 387/- can be given to the share. Therefore, based the company’s current performance and the relative multiple based valuation and the industry dynamics the counter has a fair value LKR 170/- in the medium term which may go up to around LKR 200/- levels given its improved efficiency and performance.

Bull Master · 4 Re: TAFL/GRAN/BFL Mon Jan 25, 2016 2:16 pm

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Last few days to buy chickens at these bargain price levels.

karuna · 5 Re: TAFL/GRAN/BFL Tue Jan 26, 2016 9:07 am

karuna

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EPS wrote:Multiples based analysis and valuation

The basic Earnings per Share (EPS) for the Group for the 9-months ending 30 Sept 2015 was LKR 14.75 (LKR 6.79 2014 Dec). The net assets per share at book value at year end increased to LKR 60.76 (LKR 41.80 in 2014/15). The Company’s share price currently is around LKR 110.20 (31st Dec 2014 was LKR 51.0). The share price was moving within a range of LKR 45.0 to LKR 162.8 during the 52-weeks. The current market capitalization of the Company was LKR 2.594 Bn as at 31st December 2015.

BFL share is currently (12.01.16) trading at a trailing PER of around 6.81x which is a 68% discount against the BFI sector PER multiple of 20.8X. On the basis of relative asset valuation; the company is trading 49% below the BFI sector PBV of 4.90x. However, the Beverages Food and Tobacco Industry sector is skewed owing to the contribution of large multi-national companies such as CTC and Nestle within the same sector to which BFL is not in par with.

As such based on the trailing Sector multiples discounted by 50% given the sector being highly skewed towards the larger companies the BFL counter can be given a value ranging between LKR 145.82 to LKR 184.08 in the medium term. In terms relative valuation based on comparable peer companies within the sector a value ranging between LKR 207/- to LKR 387/- can be given to the share. Therefore, based the company’s current performance and the relative multiple based valuation and the industry dynamics the counter has a fair value LKR 170/- in the medium term which may go up to around LKR 200/- levels given its improved efficiency and performance.

Yes I am positive side with gran tafl bfl