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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Price prediction on GRAN and TAFL

Price prediction on GRAN and TAFL

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41Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Thu Apr 08, 2021 10:48 am

Mr. X


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Mr. X wrote:Can we expect the final Div from both companies this time ???


Final Div TAFL 5.5   GRAN 4.5

42Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Thu Apr 08, 2021 5:50 pm

desh87


Manager - Equity Analytics
Manager - Equity Analytics
These two companies have increased their payout ratios and I would think it will continue to do so considering the cash buildup. Can expect close to Rs. 20 yearly for TAFL going forward

43Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Thu Apr 08, 2021 6:32 pm

Antonym


Vice President - Equity Analytics
Vice President - Equity Analytics
@desh87 wrote:These two companies have increased their payout ratios and I would think it will continue to do so considering the cash buildup. Can expect close to Rs. 20 yearly for TAFL going forward

@desh87: Going forward, TAFL paying Rs 20 per share is a fair assessment.

Continuing on that trend of thought:
Please note that over 57% of TAFL's dividend is paid to GRAN because GRAN holds 57% of TAFL shares.

So, if TAFL pays Rs 20 per share, GRAN receives Rs 269.4 million as dividend income. That works out to about Rs 4.50 per each GRAN share (Rs 269.4 million divided by 60 million shares).

GRAN would be able to pay Rs 10.5 per share from its own operating profits.
That leads me to the conclusion that one can expect dividends of Rs 15 per GRAN share annually.

I have also said, based on a recent analysis, that GRAN should trade at approx 70-75% of TAFL price. I see a short term opportunity there.

(Declaration: I am a GRAN shareholder, but not a TAFL shareholder.)

44Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Thu Apr 08, 2021 10:02 pm

EquityChamp


Moderator
Moderator

45Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Fri Apr 09, 2021 3:31 am

desh87


Manager - Equity Analytics
Manager - Equity Analytics
@Antonym wrote:
@desh87 wrote:These two companies have increased their payout ratios and I would think it will continue to do so considering the cash buildup. Can expect close to Rs. 20 yearly for TAFL going forward

@desh87: Going forward, TAFL paying Rs 20 per share is a fair assessment.

Continuing on that trend of thought:
Please note that over 57% of TAFL's dividend is paid to GRAN because GRAN holds 57% of TAFL shares.

So, if TAFL pays Rs 20 per share, GRAN receives Rs 269.4 million as dividend income. That works out to about Rs 4.50 per each GRAN share (Rs 269.4 million divided by 60 million shares).

GRAN would be able to pay Rs 10.5 per share from its own operating profits.
That leads me to the conclusion that one can expect dividends of Rs 15 per GRAN share annually.

I have also said, based on a recent analysis, that GRAN should trade at approx 70-75% of TAFL price. I see a short term opportunity there.

(Declaration: I am a GRAN shareholder, but not a TAFL shareholder.)
Apart from the point you say GRAN should trade at 70-75% of TAFL, I agree with everything else you have said. These two companies go hand in hand. If GRAN does well, TAFL will do well too.

46Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Tue May 11, 2021 5:07 pm

nigma


Manager - Equity Analytics
Manager - Equity Analytics
TAFL... gran ....good profit.....

Mr. X likes this post

47Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Tue May 11, 2021 6:04 pm

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@nigma wrote:TAFL...   gran ....good profit.....

yah it's time to collect at lower and hold... next quarters will show good profits too..

48Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Tue May 11, 2021 7:02 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
@nigma wrote:TAFL...   gran ....good profit.....

TAFL earnings per share have increased from Rs 7.56 to Rs 12.42.
GRAN earnings per share have increased from Rs 3.14 to Rs 4.14.
(Both sets of figures are Q on Q, at Company level.)

49Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Tue May 11, 2021 10:27 pm

engineer


Manager - Equity Analytics
Manager - Equity Analytics
plus a good div pay out ratio as well

50Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Wed May 12, 2021 8:47 am

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
@engineer wrote:plus a good div pay out ratio as well

That's right.


TAFL paid Rs 22 per share/ Share price is Rs 191.75/ Dividend Yield: 11.5%

GRAN paid Rs 18 per share/ Share price is Rs 126.00/ Yield: 14.3%

nigma and Bakkabwoi like this post

51Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Wed Jun 02, 2021 1:01 pm

MarketResearch

MarketResearch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Due to the Ship destruction in SL Sea Zone, fish demand will be reduced and as a result of this demand for Chicken will be increased. So, TALF and GRAN have a good opportunity. BFL has started the rally.

Do your own research and invest...Cheers

52Price prediction on GRAN and TAFL - Page 3 Empty Re: Price prediction on GRAN and TAFL Wed Jun 02, 2021 10:27 pm

Chathur


Senior Equity Analytic
Senior Equity Analytic
@MarketResearch wrote:Due to the Ship destruction in SL Sea Zone, fish demand will be reduced and as a result of this demand for Chicken will be increased. So, TALF and GRAN have a good opportunity. BFL has started the rally.

Do your own research and invest...Cheers
GRAN still discounted price.. 160+ sure

Antonym likes this post

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