SIRA cables

Shajesh · 1 SIRA cables Fri Jan 27, 2012 11:52 pm

Shajesh

Senior Equity Analytic

Posts : 51
Equity Stars : 4794
Reputation : 0
Join date : 2012-01-04

Guys, keep your eyes on SIRA cables. With the boom in construction industry, cable companies will do well in this year and the years to come. Sira had a very good dividend policy and their financial also improved a lot compared to the past. It went above 6 and is now trading below 4......your view also welcome.

greedy007 · 2 Re: SIRA cables Sat Jan 28, 2012 5:55 pm

greedy007

Senior Manager - Equity Analytics

Posts : 320
Equity Stars : 5229
Reputation : 23
Join date : 2011-07-28

Be careful another promotion on this will start.

Roboticfx · 3 Re: SIRA cables Sat Jan 28, 2012 8:41 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 8106
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

hmm... This is a slowly moving share which I got big profit several months ago.
Very Happy

LateTackle · 4 Re: SIRA cables Sat Jan 28, 2012 9:08 pm

LateTackle

Senior Equity Analytic

Posts : 69
Equity Stars : 4996
Reputation : 3
Join date : 2011-06-04
Location : ABU DHABI

Roboticfx wrote:hmm... This is a slowly moving share which I got big profit several months ago.

Are the current valuations good ? I am also watching this share to buy again after selling it but not sure about the current valuations. Any input on the valuations will be welcome.

monash · 5 Re: SIRA cables Sat Jan 28, 2012 9:10 pm

monash

Senior Manager - Equity Analytics

Posts : 354
Equity Stars : 6454
Reputation : 16
Join date : 2011-01-22

greedy007 wrote:Be careful another promotion on this will start.

I'm not consider this as promotion. even if it is a promotion, I don't mind.. because promoting a share backed by fundamentals is better than promoting crap like AAF, BLUE and GREG etc.

SIERRA is no longer purely a cable company although still their core business is cables. They have announced diversification of company by investing on hydro sector and Leisure sector on last January 2011.

This is a good stock to invest on long term as there is more potential for this company to grow with boom of tourism industry and construction industry.

http://www.cse.lk/cmt/uploadAnnounceFiles/3641295263885_685.pdf

greedy007 · 6 Re: SIRA cables Sat Jan 28, 2012 9:19 pm

greedy007

Senior Manager - Equity Analytics

Posts : 320
Equity Stars : 5229
Reputation : 23
Join date : 2011-07-28

monash wrote:

greedy007 wrote:Be careful another promotion on this will start.

I'm not consider this as promotion. even if it is a promotion, I don't mind.. because promoting a share backed by fundamentals is better than promoting crap like AAF, BLUE and GREG etc.

SIERRA is no longer purely a cable company although still their core business is cables. They have announced diversification of company by investing on hydro sector and Leisure sector on last January 2011.

This is a good stock to invest on long term as there is more potential for this company to grow with boom of tourism industry and construction industry.

http://www.cse.lk/cmt/uploadAnnounceFiles/3641295263885_685.pdf

Totally agree with you.
Without any backing in this forum there are so many threads are starting by some guys.
Just to warn the novices.

Light of Hope · 7 Re: SIRA cables Sun Jan 29, 2012 5:40 pm

Light of Hope

Vice President - Equity Analytics

Posts : 1014
Equity Stars : 6087
Reputation : 59
Join date : 2011-04-04

monash wrote:

greedy007 wrote:Be careful another promotion on this will start.

I'm not consider this as promotion. even if it is a promotion, I don't mind.. because promoting a share backed by fundamentals is better than promoting crap like AAF, BLUE and GREG etc.

SIERRA is no longer purely a cable company although still their core business is cables. They have announced diversification of company by investing on hydro sector and Leisure sector on last January 2011.

This is a good stock to invest on long term as there is more potential for this company to grow with boom of tourism industry and construction industry.

http://www.cse.lk/cmt/uploadAnnounceFiles/3641295263885_685.pdf

new investment could rule out a divident