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Sri Lanka Equity Forum » Stock Market Talk » THREE ACRE FARMS PLC (TAFL.N0000)

THREE ACRE FARMS PLC (TAFL.N0000)

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101THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Aug 02, 2016 7:09 am

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
TAFL almost touched 140 yesterday without much volumes. With market seems turning bullish and TAFL reports also due in next week i think this will be the time that TAFL will jump to its next level of 150

102THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Aug 03, 2016 6:25 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
TAFL didn't move a single bit yesterday comparing to the market bull run. I'm pretty sure today this will have a healthy run passing 140

103THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Aug 03, 2016 6:23 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
TAFL has given another consistent performance. 150 on the cards for me

104THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Aug 09, 2016 10:18 am

chandimalkasun


Stock Trader
Good time to collect this value counter

105THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Thu Dec 01, 2016 1:39 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
This value gem is still available @135. TAFL should move past 140 next week.

106THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Fri Dec 02, 2016 10:36 am

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics
December, a month of festivities can further boost chicken sales.   Christmas parties, New year parties, Office parties, heavily or fully booked hotels with tourists and diaspora means massive chicken consumption!!!  Great for chicken shares!

107THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Fri Dec 02, 2016 11:14 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yes we can see the run in da month of December, along with the super earnings

108THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Sun Apr 09, 2017 7:12 pm

Learner19


Senior Equity Analytic
Senior Equity Analytic

Sri Lanka poultry firm ups export of parent stock chicks.


ECONOMYNEXT - Sri Lanka's Three Acre Farms Ltd, a unit of Singapore controlled Ceylon Grain Elevators group said it had upped exports of parent day old chicks to South Asian countries and were looking to expand the business.  

In 2016, rupee export revenues from parent broiler chicks rose 83 percent to 85.6 million rupees.

"The Management team has identified opportunities in regional export markets as potentially lucrative areas capable of generating substantial improvements to the Group’s top and bottom line performance," the firm told shareholders.

"During the year in review, TAF successfully secured new orders for exports of Broiler Parent Stock DOCs to countries in the South Asian region and the Group is actively seeking out further opportunities to expand its presence in regional export markets over the coming years."

"While the company has previously engaged in limited export business, during the course of 2016, TAF was able to secure relatively small but consistent orders which were expanded upon to great effect, and now holds the potential to further enhance revenue streams for the Company in the coming financial year."

Sri Lanka cannot build a business exporting poultry (chicken meat) due to economic nationalism involving trying to build an autarky in Maize with high farmgate prices and restrictions of imports through import duties.

Within Sri Lanka Three Acre Farms claims a 20 percent share in broiler day old chick market and 3 to 38 percent share in layer chick market.

TAFL also has commercial farms producing adult broilers for meat processing. 

Sri Lanka in March lifted price controls on chicken. (Colombo/Apr09/2017)




http://www.economynext.com/Sri_Lanka_poultry_firm_ups_export_of_parent_stock_chicks-3-7758-9.html

109THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty TAFL future on Mon Jul 10, 2017 12:03 pm

nigma


Manager - Equity Analytics
Manager - Equity Analytics
Can someone make a prediction on TAFL please.......

110THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Mon Jul 10, 2017 3:51 pm

Teller

Teller
Moderator
Moderator
90-95 levels


_________________




Teller said is said..

111THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Jul 11, 2017 10:16 am

kcrRanz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TAFL & gran BOTH WILL FURTHER DOWN.... Better nt to touch

112THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Jul 11, 2017 11:00 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:90-95 levels
May i know the basis of this forecast for TAFL having strong fundamentals.

PE = 3.81 , EPS = 31/46 (based on last 4 qtrs)
book value = 110/=

01st Qtr 2017 EPS = 8/03.

Follow the chicken instead of wanting to be rich & following 'RICH' and ending up poor!THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Icon_biggrin

113THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Jul 11, 2017 4:28 pm

samcader


Manager - Equity Analytics
Manager - Equity Analytics
TAFL  closed  at  124/  today  there  were  price  gains  in  BFL  and  GRAN  as  well  it  appears  that  the  chicken  run  has  started.

114THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 8:00 am

Deen79


Equity Analytic
Equity Analytic
BFL management bought 60K yesterday.

115THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 10:13 am

ONTHEMONEY


Manager - Equity Analytics
Manager - Equity Analytics
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. Please refer the following link.

http://www.indexmundi.com/commodities/?commodity=corn&months=60¤cy=lkr

This would be good indication of performance in poultry sector in 2Q 2017.


Good Luck

116THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 11:06 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@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.

You have stated that maize price of 2Q 2017 is lower than 2Q 2016.

TAFL 2Q 2016 eps was 6/22. So allowing for the price change we can reasonably expect an eps of 7/= for 2Q 2017.
TAFL recorded an eps of 8/= for 1Q 2017. Hence, even if maize price does not come down the expected eps for 2017 may be around 29/=, resulting in a PE around 4 based on CMP trading at a substantial discount.

117THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 12:14 pm

nigma


Manager - Equity Analytics
Manager - Equity Analytics
teller .....kiyapu 90/95  ganata TAFL ganna thawa kochchara kall enna  weida....

118THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 12:17 pm

sameboy

sameboy
Manager - Equity Analytics
Manager - Equity Analytics
@nigma wrote:teller .....kiyapu 90/95  ganata TAFL ganna thawa kochchara kall enna  weida....
Pau Tellerta collect karaganna beri welaa Gran Bfl Tafl.

119THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 7:38 pm

Teller

Teller
Moderator
Moderator
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.


_________________




Teller said is said..

120THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Wed Jul 12, 2017 8:31 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@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.

Dear Teller,

Now I understand the basis of your forecasts on GRAN.

The single most important thing you said is" I don't like the animal industry" and you are switched off to animal industry and no longer love the businesses operating in that industry.

One of the cardinal rules in sound investing is, "Never touch a business which you don't like. Always invest in a business from an industry which you love and understand".

I shall extend this fundamental rule further to say, "Do not rely on forecasts or investing advice given on a particular stock by a person who doesn't like nor believe the industry that business is in".

121THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty TAFL - GOLDEN EGG IN POULTRY SECTOR on Thu Aug 30, 2018 10:04 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
TAFL - seems attractive with the following fundamentals:

EPS = 26/17 (based on last 4 qtrs)

PE = 3.94

NAV = 136/16

current price - around 103/=

Low P/E with strong growth prospects.

122THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Mon Jun 17, 2019 4:29 pm

Trader321


Manager - Equity Analytics
Manager - Equity Analytics
Now trading at a discounted price. Must go to 100 /- soon.
Closed Price - 84.50

123THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty THREE ACRE FARMS PLC (TAFL.N0000) on Tue Oct 15, 2019 4:56 am

wisdom


Equity Analytic
Equity Analytic
TAFL just starting to trade. Ahead of election this is a good counter to invest. NAVPS above Rs160 and SOLID EPS around Rs35. Doesn’t mater who wins the election holders of TAFL will be among the winners.
If GR wins speculation history with this push the price as historical levels. Good for short run and long term.
Don’t forget coming quarters are the best for this company

124THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Oct 15, 2019 9:55 am

Teller

Teller
Moderator
Moderator
This sector has big uncertainancy and play with innocent animals lives..


_________________




Teller said is said..

125THREE ACRE FARMS PLC (TAFL.N0000) - Page 6 Empty Re: THREE ACRE FARMS PLC (TAFL.N0000) on Tue Oct 15, 2019 11:18 am

wisdom


Equity Analytic
Equity Analytic
Each and every sector has an uncertainty which is different to each other. I know bird flue is an uncertainty for this sector but we have to look at the chances for that.
This company make Rs 25 profit for every Rs 100 revenue they generate. No other listed company make that much of profit margin. They have enough revenue reserves so that they can face any critical situation.
I’m non vegetarian/vegan as most other Sri Lankan’s. So I know it is necessary to kill before we eat. And I know if we don’t eat no one will kill animals for food.

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