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Hi @KavinduTM . I made a significant profit from GRAN. I brought 45-47 and sold 57-56 and again brought at 57-58.5 and again made a profit selling at 71-72. The company has a huge net current asset position that's why I bought this share during the pandemic. But the current price level cant acceptable until I see the next quarterly report. May be price going up due to MR beef ban.lol
Last edited by kasun_gimhana on Thu Sep 10, 2020 3:45 pm; edited 2 times in total
I also second it, When investors invest on just the words by politicians, most times they have to suffer. Im not saying Prima is bad what so ever, but investing on farms just because possible ban on beef slaughter is not the wisest decision. But in long run prima is good company to invest.@cseguide wrote:tomorrow clear drop of price
@kasun_gimhana wrote:Hi @KavinduTM . I made a significant profit from GRAN. I brought 45-47 and sold 57-56 and again brought at 57-58.5 and again made a profit selling at 71-72. The company has a huge net current asset position that's why I bought this share during the pandemic. But the current price level cant acceptable until I see the next quarterly report. May be price going up due to MR beef ban.lol
But still beef will be imported right? So, actually will there be an extra demand for chicken? Also can we expect 10% growth of earnings of GRAN? i don't think so.@jaya wrote:Ban of slaughtering of cows increase the demand of chicken.
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The decision to bring a bill against cattle slaughter has been postponed until October. Minister Kehalia said@Miss-Sangeetha wrote:This is mere hype. Most Muslims and Christians are eating beef. They will file the case against this decision.
This had happened India also when the BJP Government came to power. Finally they nullified.
India is the largest exporter of beef in the world !!!!
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@Chithi wrote:Reason for the poultry stocks to get renewed buying interest yesterday. Govt. has given permission to import wheat as a substitute for maize, which is cost effective to the companies. Cost savings Rs30/ minimum/kg + One of most undervalued stocks in CSE now.
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