Mr. X wrote:Can we expect the final Div from both companies this time ???
Final Div TAFL 5.5 GRAN 4.5
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
Go to page : 1, 2
Mr. X wrote:Can we expect the final Div from both companies this time ???
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
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.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.)
Mr. X likes this post
nigma wrote:TAFL... gran ....good profit.....
nigma wrote:TAFL... gran ....good profit.....
engineer wrote:plus a good div pay out ratio as well
nigma and Bakkabwoi like this post
GRAN still discounted price.. 160+ sureMarketResearch 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
Antonym likes this post
nigma likes this post
Go to page : 1, 2
Similar topics
Permissions in this forum:
You cannot reply to topics in this forum