Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
HOTEL AND TRAVEL SECTOR TILE AND CERAMIC SECTOR
EXPORT SECTOR LAND AND PROPERTY SECTOR TELECOMMUNICATION SECTOR
TRADING SECTOR DIVERSIFIED HOLDINGS SECTOR EDUCATION SECTOR
DDIALOG AXIATA PLC
HAYLEYS FABRIC PLC
HVA FOODS PLC
JOHN KEELLS HOLDINGS PLC Hot
JOHN KEELLS HOTELS PLC
LANKEM CEYLON PLC
LAUGFS GAS PLC
NATION LANKA FINANCE PLC
NESTLE LANKA PLC
PIRAMAL GLASS CEYLON PLC
ROYAL CERAMICS PLC
SOFTLOGIC LIFE INSURANCE PLC
SRI LANKA TELECOM PLC
TESS AGRO PLC
VALLIBEL ONE PLC Hot
May i know the basis of this forecast for TAFL having strong fundamentals.@Teller wrote:90-95 levels
@ONTHEMONEY wrote:Hi Guys,
I looked at the maize price in SL which has a 70% weight on profitability of poultry companies. The prices have increased in 1Q 2017 against the preceding period 2016.
However, maize price of 2Q 2017 is lower than 2Q 2016.
@Teller wrote:No need to teach me about these shares . I have sold BFL 400+ levels, TAFL 160/- levels. But I will not play with animal lives any more. I didn't see the reality when I was investing before on these shares. But I know now the pain of these innocent animals.
How ever I don't see much bullish factor on TAFL rather than its crowd behaviour. It should trade 95 levels based on market leader or peer in the comparative industries. So it wise to touch below 100/- if any interest but own on your risks. Government is going to have an agreement with India for agri products as well as increase of production taxes for chicken due to health issues. This industry is going to monitor sharply in coming years with regulations.
TAFL performance has down compare to last year and will continue further.
Permissions in this forum:
You cannot reply to topics in this forum