BAIRAHA FARMS PLC (BFL.N0000)

mjrocker wrote:Why market going down like this?And what is BFL base level if BFL went down to 320 if will undervalued as for there 3rd q report,

2-3 weeks back, 400 was considered as support level for this stock...but with the way the prices coming down daily, it is very difficult predict the base level. If somebody wants to collect, he should start collecting gradually.

BFL is the largest day old chick producer in SL. Chicken consumption in Sri Lanka is expected to increase 8kg from 5kg per person.Its already at its optimum capacity and expansion plans underway to increase capacity by half with a total investment of USD 3.2 mn.This allows them to sell more chicken and increase its market share.

ROE of the company is 55.76 showing the groups longterm competitivenes. Qtr 2 Qtr Earnings growing showing its durable comp. advantage. the growth in earning will add up and increse the underlying value of the Business. Solid cash flow and strong cash position gives more investment opportunities and barriers to entry to others. cashflow per share is 31.04.

The new BOI project to expand capacity is with a 10 year tax holiday which will reduce the tax/revenue % and increase its bottom line.

It has already become a high flying share, and should go further high

BFL is one of the meat farms which received BOI approval. It will utilize the latest technology in meat production such as these.

Good Luck

PLs don't upload these type of videos. Please.

wiser wrote:PLs don't upload these type of videos. Please.

Agree with wiser.

yap,

I believe it would cross the 500 barrier before this Friday and 600/= before the end of the month.

This is just my opinion. Do your own analysis before taking any decisions

thanks

I suffered losses from PCH and BFL last time.

Hi soundchip,

Avoid buying on credit as much as possible
don't panic buy looking at your un-realistic losses as long as you are sure your stock is strong.
You do not lose any thing until you sell, so practice patience.
A strong stock with good earnings would go up in the due course.
Try to go against the crowd. Buy attractive stocks when the price is low and no one is willing to buy.
Don't follow the crowd and buy stocks at the peak.

Practice patience.
Never sell any position at a loss.

cheers
3mr

Soundchips wrote:I suffered losses from PCH and BFL last time.

Timing the market is immense important.. buy at the right time and sell once it reaches ur target is the key to sucess..

@3mr: Will reach 500 this Friday? Dont believe in wonders ... BFL is good and will reach this again 1 day .. bt nt this soon IMB...

porkchops wrote:BFL is one of the meat farms which received BOI approval. It will utilize the latest technology in meat production such as these.

Good Luck

this is funny. there was a promotional video of a poultry processing farm in this post and now it has been removed. there was nothing embedded on that post. it was just a link. view it or not was the shareholders choice. what if this was a plantations share and the video was a tea factory, or a milk producer and shows a farm. i think moderators of this forum have bought poultry shares heavily and making sure its promotion not hindered. if you own a poultry share what's wrong with a poultry farm? you're part of that business. what's so disturbing about that?

duke wrote:

porkchops wrote:BFL is one of the meat farms which received BOI approval. It will utilize the latest technology in meat production such as these.

Good Luck

this is funny. there was a promotional video of a poultry processing farm in this post and now it has been removed. there was nothing embedded on that post. it was just a link. view it or not was the shareholders choice. what if this was a plantations share and the video was a tea factory, or a milk producer and shows a farm. i think moderators of this forum have bought poultry shares heavily and making sure its promotion not hindered. if you own a poultry share what's wrong with a poultry farm? you're part of that business. what's so disturbing about that?

Absolutely duke, people need to be educated about the industry they are investing in. Most people have been to a tea or rubber estate but I suspect most people here haven't been to a real IT company or a chicken farm. So videos or other educational materials that are being shared on this forum will surely benefit the people who invest in these kind of stocks?

With that thought in mind, I would like to share this Wikipedia link. http://en.wikipedia.org/wiki/Battery_cage Hopefully people will be able to get a better idea about next quarter EPS after reading it.

Happy trading.

Whatever it is the prices surging, Those who having BFL should be jumping up now.

Lot more to go.

Happy trading

Milindaperera wrote:@3mr: Will reach 500 this Friday? Dont believe in wonders ... BFL is good and will reach this again 1 day .. bt nt this soon IMB...

Hi milinda,

this is what my instinct is saying to me . That's it.

I purchased this stock at the peak (@ 490) and this was in my early days of trading.
I have been holding this, thinking it would appreciate as it's not bad stock.
Is it advisable sell with the big loss? Will this appreciate in the near future (within 1-2 months)? and to what level? Please advise.

If i were you i will try to average it close to 350's and hold it until December.It's sound share as u mention.so keep faith on it.
That's what i do,but it's your money you have to take a decision.

Try to minimize your loss. actually its not a loss. but your money stop the one place. If you can keep in tuch the share & do the Buy & sell same share. (BFL) But dont miss it. Because the share having bright near future.(Festival season)

if you know the business and their approach to the upcoming challenges, and if you have faith in management, no need to worry. it is just a matter of patience.

Deva wrote:I purchased this stock at the peak (@ 490) and this was in my early days of trading.
I have been holding this, thinking it would appreciate as it's not bad stock.
Is it advisable sell with the big loss? Will this appreciate in the near future (within 1-2 months)? and to what level? Please advise.

make sure you sell now and buy again around 255 , it will reduce your average, anyway this will strt to go up around end of November , personally its real hard for this share pass 490 with in this year

for me this is heating now.. it will have a run(not a marathon) very soon. say for around Rs100 more. i just felt it. dnt sell it now. at least try to hold untill the end of the year to ext year Jan. U will have a gud smile. it's a strong share. rem it's included to forbes magzn tooo

I think if you can better to keep it till December. it will go up with Christmas

This is the best time of CSE. You might get a chance before Christmas.

BFL-in its annual report in 2008/09 states its planning to set up a large-scale broiler farm in order to minimise Companys dependece on outgrowers. It invsted 120mn in 2010/11 and will invest 240mn following year. This will increase the production capcity 15%-20% per year over 3 years. This means turnover and profit will increase compared to last year.By how much is not known due to the below mentioned problems. BFL will harvest its first batch of birds in August / September 2011.

In the 2010/11 finacial report it states demand slacking due to heavy competition, therefore prices comming down.other reasons mentioned for declining prices are oversupply in market, price decline in fish ect.

Comming quarters will prove how much BFL can improve on their performance whilst the capacity increasing will also fuel the oversupply problem. But theres a major role governement played jeopardising the market duing the seasonal times intervenng to control price and importing egg and chicken.10 mil eggs and 5000 ton chiken imported last year during the shortage time. Competition is going to be immense in comming years

Cost of feed grains which is the major component of the cost of sales is the killer.High oil prices pushed up the grain prices due to the diversion of maize for bio-fuel production.on top of this Government plan to make the country self sufficient in maize and has imposed restrictions through tax and cess.

But BFL has its own strategy to overcome the problem through its new maize project. Last year it was due to the flood and before it due to the dorught the project didnt reap much benefit. Once this project goes in full swing the GP will improve.

So far BFL has done well and will do better overcomming these problems with time.

Add your comments pls

Good luck

Hawk Eye wrote:BFL-in its annual report in 2008/09 states its planning to set up a large-scale broiler farm in order to minimise Companys dependece on outgrowers. It invsted 120mn in 2010/11 and will invest 240mn following year. This will increase the production capcity 15%-20% per year over 3 years. This means turnover and profit will increase compared to last year.By how much is not known due to the below mentioned problems. BFL will harvest its first batch of birds in August / September 2011.

In the 2010/11 finacial report it states demand slacking due to heavy competition, therefore prices comming down.other reasons mentioned for declining prices are oversupply in market, price decline in fish ect.

Comming quarters will prove how much BFL can improve on their performance whilst the capacity increasing will also fuel the oversupply problem. But theres a major role governement played jeopardising the market duing the seasonal times intervenng to control price and importing egg and chicken.10 mil eggs and 5000 ton chiken imported last year during the shortage time. Competition is going to be immense in comming years

Cost of feed grains which is the major component of the cost of sales is the killer.High oil prices pushed up the grain prices due to the diversion of maize for bio-fuel production.on top of this Government plan to make the country self sufficient in maize and has imposed restrictions through tax and cess.

But BFL has its own strategy to overcome the problem through its new maize project. Last year it was due to the flood and before it due to the dorught the project didnt reap much benefit. Once this project goes in full swing the GP will improve.

So far BFL has done well and will do better overcomming these problems with time.

Add your comments pls

Good luck

well balanced post . +rep

most people think BFL will go up in the past Islamic Festival,
december it will rise definitely ,

Thank you for all the much valued comments. All the points noted.

hi pls give me some information on bairaha.. who are its competitors? what is its market share? etc..

does anyone knw information about bairaha? who are it's competitors? what is its market share?

Researcher wrote:hi pls give me some information on bairaha.. who are its competitors? what is its market share? etc..

Just in case u've not known this, you can find much information on BFL from ; www.google.com

Then you can find financial info from;
http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=BFL:SL

enawa enawa kukulo enwa... dec