CEYLON GRAIN ELEVATORS PLC (GRAN.N0000) - Tue Aug 23, 2016 10:16 pm
JAFPA sold almost 50% of its stake today! It is confirmed news that JAFPA sell order is over at Rs 80/-.Brockers are LOLC and there is no sell orders for remaining quantity!
Considering the today's turnover I believe now #GRAN has enough fire power to collect even if it is sold at higher prices!Extremely undervalued counter and has to catch up #TAFL. Based on earnings and NAV it will clear Rs 100/- very shortly. I don't think technical charts will justify the movement since it is a catch up activity!
Good luck