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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
BFL.N0000 (Bairaha Farms PLC) EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
BFL.N0000 (Bairaha Farms PLC) EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
BFL.N0000 (Bairaha Farms PLC) EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
BFL.N0000 (Bairaha Farms PLC) EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
BFL.N0000 (Bairaha Farms PLC) EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
BFL.N0000 (Bairaha Farms PLC) EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
BFL.N0000 (Bairaha Farms PLC) EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
BFL.N0000 (Bairaha Farms PLC) EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
BFL.N0000 (Bairaha Farms PLC) EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
BFL.N0000 (Bairaha Farms PLC) EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
BFL.N0000 (Bairaha Farms PLC) EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
BFL.N0000 (Bairaha Farms PLC) EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
BFL.N0000 (Bairaha Farms PLC) EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
BFL.N0000 (Bairaha Farms PLC) EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
BFL.N0000 (Bairaha Farms PLC) EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
BFL.N0000 (Bairaha Farms PLC) EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
BFL.N0000 (Bairaha Farms PLC) EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
BFL.N0000 (Bairaha Farms PLC) EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
BFL.N0000 (Bairaha Farms PLC) EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
BFL.N0000 (Bairaha Farms PLC) EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
BFL.N0000 (Bairaha Farms PLC) EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
BFL.N0000 (Bairaha Farms PLC) EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
BFL.N0000 (Bairaha Farms PLC) EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
BFL.N0000 (Bairaha Farms PLC) EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
BFL.N0000 (Bairaha Farms PLC) EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
BFL.N0000 (Bairaha Farms PLC) EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
BFL.N0000 (Bairaha Farms PLC) EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
BFL.N0000 (Bairaha Farms PLC) EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
BFL.N0000 (Bairaha Farms PLC) EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
BFL.N0000 (Bairaha Farms PLC) EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
BFL.N0000 (Bairaha Farms PLC) EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
BFL.N0000 (Bairaha Farms PLC) EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
BFL.N0000 (Bairaha Farms PLC) EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
BFL.N0000 (Bairaha Farms PLC) EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
BFL.N0000 (Bairaha Farms PLC) EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
BFL.N0000 (Bairaha Farms PLC) EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
BFL.N0000 (Bairaha Farms PLC) EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
BFL.N0000 (Bairaha Farms PLC) EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
BFL.N0000 (Bairaha Farms PLC) EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
BFL.N0000 (Bairaha Farms PLC) EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
BFL.N0000 (Bairaha Farms PLC) EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
BFL.N0000 (Bairaha Farms PLC) EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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+12
Rana
Yin-Yang
The Alchemist
sashimaal
smallville
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BullvsBear
eagle
Ethical Trader
yellow knife
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    BFL.N0000 (Bairaha Farms PLC)

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    BFL.N0000 (Bairaha Farms PLC) Empty BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:21 am

    When I first purchased this share it was a loss making company in 2006. Floods have affected to a farm as I recall the reasons. Company was not paying dividends. Yet the company was well managed and faced many obstacles like grain price hike in 2008 etc.

    Revenue is growing slowly and steadily.

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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:22 am

    2011 and 2012 were very good  for the profit of the company.


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:24 am

    Net assets position is reaching a plateau


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:24 am

    EPS too recorded best in 2011 and 2012


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:25 am

    2011 was a bubble for many shares  and Bairaha was not an exception


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:27 am

    Company pays dividends when EPS is good and 2010 was the best

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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:29 am

    Market Value was rather stable and from time to time bubbles can be expected making some traders rich and some poor.


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:30 am

    If we compare Keels Food Products with Bairaha in revenue, it shows Bairaha is well managed

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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by Ethical Trader Thu Oct 15, 2015 11:31 am

    Thanks. You give facts & let members think about it unlike some others who promote on the sly.
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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Oct 15, 2015 11:31 am

    But if we see the Food and Beverage the meat suppliers are dwarfed by beverages and love to see the fight between Soft Drinks and Beer

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    BFL.N0000 (Bairaha Farms PLC) Empty Bubbles

    Post by Ethical Trader Thu Oct 15, 2015 11:36 am

    Bubbles are man made. ?Arn't they.

    yellow knife wrote:Market Value was rather stable and from time to time bubbles can be expected making some traders rich and some poor.


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    Post by yellow knife Thu Oct 15, 2015 11:39 am

    Yes

    ET

    Let me start up a thread specifically for bubbles


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by eagle Thu Oct 15, 2015 12:46 pm

    thanks mr yellow knife.. good analyse
    but those who bought shares in 2011 are still poor, what a pathetic chart!!!!
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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by BullvsBear Tue Oct 20, 2015 7:05 pm

    BFL Results out...Sep. Qtr ended EPS Rs 8.96 /-

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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by Future123 Tue Oct 20, 2015 7:13 pm

    Very good results as expected. GRAN and TAFL to follow.

    BFL 6 months EPS (April to Sept) Rs. 18/=
    3 months EPS (July to Sept) Rs. 9/=

    Still a long way to go......
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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by Monster Tue Oct 20, 2015 7:14 pm

    BFL was able to increase the revenue while maintain the cost of sales lower. As per the latest financial statement, this poultry share worth at least Rs 300/-.
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    Post by yellow knife Wed Oct 21, 2015 7:20 am

    Yes results are really impressive.

    Small was predicting this using technical analysis.

    It's real that FMCG honeymoon is prevailing at the moment. Can it continue ?
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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by First Guy Wed Oct 21, 2015 7:51 am

    yellow knife wrote:Yes results are really impressive.

    Small was predicting this using technical analysis.

    It's real that FMCG honeymoon is prevailing at the moment. Can it continue ?

    I don't think results can be predicted using technical analysis but price trends.

    Even next quarter or two will also have good EPS. There could be a higher tax charge in March quarter. At this point BFL will have a good TTM EPS but thereafter it should have growth to move further. Also the current positive situation should also sustain for it to not come down again. Will that happen?
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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by smallville Wed Oct 21, 2015 11:05 am

    Yep Smile its price trends..

    Thre will be short term turmoils as many ppl take profits above 230.. isnt it obvious? thats' 10-20% for many from 190-200 levels. So BFL will crawl back to 220s..

    But that will ease RSI pressure and can stagnate for days.. Intelligent investors may enter when price cool off.
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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by sashimaal Wed Dec 30, 2015 3:13 pm

    Corporate Disclosure:

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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by smallville Thu Dec 31, 2015 9:19 am

    In the absence of foreign shareholder its a 50-50 partnership.

    So the first stage of Feed mill project involves 1.9 to 2.7 bn capital and 36 acres of land in Kurunegala was done by Windsor Real estate ltd in Oct 2012. And Fortune Agro has taken the land on lease.

    For the second stage of 350 mn, BFL again invests 25 million and on a loan to settle with expected dividends from Fortune G-P Farms.


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by yellow knife Thu Dec 31, 2015 9:28 am

    Just though of putting these charts which I did in November  2015

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    BFL.N0000 (Bairaha Farms PLC) Empty Bairaha and connected parties investing heavily in feed milling

    Post by sashimaal Sun Jan 03, 2016 4:31 pm

    Bairaha and connected parties investing heavily in feed milling
    Big player reaching out for vertical integration


    Bairaha Farms PLC, a lead player in Sri Lanka’s poultry industry, has made some changes in its plans for its Rs. 1.65 billion feed-milling project to be located on a 36-acre site in the Kurunegala district, the company said in a stock exchange filing last week.

    It was originally planned that Bairaha and its associate, Farm’s Pride (Pvt.) Ltd. will take 45% each of Fortune Agro Industries (Pvt) Ltd., the joint venture feed milling company while a foreign shareholder will take the balance 10%. The expected foreign investment has not come through and the other two partners have decided to make good this lag by increasing their equity stake to 50% each, the filing said.

    It has also been earlier decided that only stage one of the project will be initially undertaken but the need to have additional raw material storage capacity earlier than planned had led to the decision that stage two will also be now undertaken.

    In its last annual report, Bairaha’s MD/CEO said that the setting up of the animal feed production factory will complete the integration and strengthen the group in the poultry sector.

    Once the feed mill is completed, hopefully by the third quarter of this year, "we will have almost a total vertically integrated poultry production operation," he said.

    Another joint venture company within the group, Windsor Real Estate Ltd., had in October 2012 invested in the 36-acre Kurunegala property. This land has been leased from Windsor by Fortune Agro Industries to set up the feed mill.

    Changes in the project structure had necessitated cost revisions (excluding land) with modern flat warehouse storage facilities for both raw materials and finished feed requiring working capital of between Rs. 800 million and Rs. 1.6 billion mostly for purchase and storage of raw materials as needed. This has boosted total funding requirements to between Rs. 1.9 billion and Rs. 2.7 billion.

    Bairaha also said that there was escalation in the cost of fixed assets due to underestimated cost of civil construction.

    "Funding for working capital will be undertaken by the joint venture, Fortune Agro Industries (Pvt) Ltd. on guarantees to be given by the joint venture partners, Bariaha Farms PLC and Farm’s Pride (Pvt) Ltd.," the filing said.

    The plans now include the installation of state-of-the-art grain silos for bulk storage of maize and soya bean meal along with raw materials conveying and escalator systems and a maize dryer.

    These will expand the feed mill’s maize and soya storage capacity enabling stocking of seasonal raw materials at competitive prices and further automation of the milling operation.

    This entails a further estimated cost of Rs. 350 million on two maize silos of 6,000 mt each capacity and two soya silos of 485 mt each and a conveying and elevator system. The construction cost and foundation has been estimated at Rs. 128 million.

    The funding will come from loan or equity investment by Fortune G-P Farms Lanka Ltd. or reinvestment of future dividends to be received from Fortune by Bairaha and Farm’s Pride. These two companies will also make additional investments of Rs. 25 million each while Fortune Agro Industries will borrow Rs. 100 million.


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    BFL.N0000 (Bairaha Farms PLC) Empty Kurunegala feed mill, crowning glory of Bairaha Farms

    Post by sashimaal Sun Jan 10, 2016 11:17 am

    Not only the best machinery counts; a clean and efficient building with modern state-of-the-art commercial animal feed manufacturing factory also matters. Bairaha Farms Plc did just that by purchasing machinery from ‘Buhler’ a Switzerland company to set up the new factory in the Kurunegala district as a large scale modern feed mill in the country at a cost of Rs. 1.65 billion on a 36-acre site.

    Chief Executive Officer, Managing Director of the company Yakooth Naleem told the Business Times that the new factory will commence production within the next two months following the availability of raw material (adequate stocks of maize) supplied by local farmers.
    The government has given an assurance that it will allow Bairaha to import maize if there is a short supply in the local market, he revealed.
    The company has made some changes in its plans for its feed-milling project, the company said in a stock exchange filing recently.

    It was originally planned that Bairaha and its associate, Farm’s Pride (Pvt.) Ltd. will take 45 per cent each of Fortune Agro Industries (Pvt) Ltd, the joint venture feed milling company while a foreign shareholder will take the balance 10 per cent.It has also been earlier decided that only Stage 1 of the project will be initially undertaken but the need to have additional raw material storage capacity earlier than planned had led to the decision that Stage 2 will also be now undertaken, he added.

    Another joint venture company within the group, Windsor Real Estate Ltd, had in October 2012 invested in the 36-acre Kurunegala property. This land has been leased from Windsor by Fortune Agro Industries to set up the feed mill.Changes in the project structure had necessitated cost revisions (excluding land) with modern flat warehouse storage facilities for both raw materials and finished feed requiring working capital of between Rs. 800 million and Rs. 1.6 billion mostly for purchase and storage of raw materials as needed.

    This has boosted total funding requirements to between Rs. 1.9 billion and Rs. 2.7 billion.Mr. Naleem said that there was an escalation in the cost of fixed assets due to underestimated cost of civil construction.”Funding for working capital will be undertaken by the joint venture, Fortune Agro Industries (Pvt) Ltd. on guarantees to be given by the joint venture partners, Bairaha Farms PLC and Farm’s Pride (Pvt) Ltd,” he added.
    The plans now include the installation of state-of-the-art grain silos for bulk storage of maize and soya bean meal along with raw materials conveying and escalator systems and a maize dryer.

    These will expand the feed mill’s maize and soya storage capacity enabling stocking of seasonal raw materials at competitive prices and further automation of the milling operation.This entails a further estimated cost of Rs. 350 million on two maize silos of 6,000 MT each capacity and two soya silos of 485 MT each and a conveying and elevator system. The construction cost and foundation has been estimated at Rs. 128 million, he disclosed. The funding will come from loan or equity investment by Fortune GP Farms Lanka Ltd or reinvestment of future dividends to be received from Fortune by Bairaha and Farm’s Pride. These two companies will also make additional investments of Rs. 25 million each while Fortune Agro Industries will borrow Rs. 100 million.


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    BFL.N0000 (Bairaha Farms PLC) Empty Re: BFL.N0000 (Bairaha Farms PLC)

    Post by The Alchemist Fri May 20, 2016 4:16 pm

    BAIRAHA FARMS - DIVIDEND ANNOUNCEMENT
    BAIRAHA FARMS PLC
    Company ID: - BFL
    Date of Announcement: - 20.May.2016
    Rate of Dividend: - Rs. 4.00 per share /Final Dividend
    Financial Year: - 2015/2016
    XD: - 01.Jun.2016
    Payment: - 10.Jun.2016
    Share Transfer Book Open

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