SIRA- performance and its future

Joe007 · 1 SIRA- performance and its future Fri Feb 05, 2016 7:07 pm

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

SIRA - Very very bad financial performance ended Dec 2015 quarter.

Can expect another 52w low if there is no pump and dump system.

soileconomy · 2 Re: SIRA- performance and its future Fri Feb 05, 2016 9:06 pm

soileconomy

Senior Vice President - Equity Analytics

Posts : 1505
Equity Stars : 7559
Reputation : 45
Join date : 2011-02-20
Age : 46
Location : Nebraska

Untrustworthy group .

Joe007 · 3 Re: SIRA- performance and its future Sat Feb 06, 2016 4:37 am

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

It has expanded its business too much in short time. It would take time to regain the previous situation. I have already sold all my holding in SIRA believing that it was overvalued due to the current market conditions but its earnings have not helped too.

Anyway it is a very good stock for long term investment as I believe.

Joe007 · 4 Re: SIRA- performance and its future Mon Feb 08, 2016 1:04 pm

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

It has come down to 3.30 from 3.70.

I still expect to go very much down.

Joe007 · 5 Re: SIRA- performance and its future Thu Feb 11, 2016 9:22 am

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

Oh my dividend announcement......it is going to be like ASIY......

Dhehan · 6 Re: SIRA- performance and its future Thu Feb 11, 2016 10:35 am

Dhehan

Assistant Vice President - Equity Analytics

Posts : 849
Equity Stars : 5447
Reputation : 29
Join date : 2014-10-29

Very disappointing dividend. Very Happy

Date of Announcement: - 11.Feb.2016
Rate of Dividend: - Rs. 0.20 per share / Interim Dividend
Financial Year: - 2015/2016
XD: - 23.Feb.2016
Payment: - 03.Mar.2016
Share Transfer Book Open

Joe007 · 7 Re: SIRA- performance and its future Thu Feb 11, 2016 10:37 am

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

Stay away from SIRA

prabath · 8 Re: SIRA- performance and its future Thu Feb 11, 2016 10:47 am

prabath

Assistant Vice President - Equity Analytics

Posts : 822
Equity Stars : 5833
Reputation : 27
Join date : 2011-08-19

Joe007 wrote:SIRA - Very very bad financial performance ended Dec 2015 quarter.

Can expect another 52w low if there is no pump and dump system.

balan hitapan 52 week low enakal,hooo hooo.

Joe007 · 9 Re: SIRA- performance and its future Thu Feb 11, 2016 10:49 am

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

Will see in a month or two...

prabath · 10 Re: SIRA- performance and its future Thu Feb 11, 2016 10:53 am

prabath

Assistant Vice President - Equity Analytics

Posts : 822
Equity Stars : 5833
Reputation : 27
Join date : 2011-08-19

will be more than 4 before year end.see you in december

vic19 · 11 Re: SIRA- performance and its future Thu Feb 11, 2016 12:15 pm

vic19

Senior Manager - Equity Analytics

Posts : 442
Equity Stars : 4126
Reputation : 23
Join date : 2014-10-26

I wonder why CSE have halted the trading of Sira after the 20 cents dividend announcement, in my opinion this takes away any small fluctuation to the up, this stock will have in the market.

this is too much .don't CSE have any this else to monitor rather than this penny stock ?even in this downward market.it is surprising.

Joe007 · 12 Re: SIRA- performance and its future Thu Feb 11, 2016 2:55 pm

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

Dear Vic19,
It is true.

On the other hand this is another example of ASIY . ASIY was around 3.2 or 3.3 and dividend announced of Rs 0.30 then it shoot up to 3.6 ..........Now see what happened.

It is the same style. I don't understand why SIRA announced dividend during its crucial time of low earnings. SIRA is completely different from ASIY.
Just imagine what will happen on XD date and then ...... Check the valuation after XD ... It has already reached 3.4 today ....

It was a good day for anyone who bought and sold SIRA because quick and easy profit but it is dangerous if we get struck anywhere then massive losses. I avoided because I cannot take any risk anymore.

Senior Citizen · 13 Re: SIRA- performance and its future Thu Feb 11, 2016 5:33 pm

Senior Citizen

Senior Manager - Equity Analytics

Posts : 569
Equity Stars : 5214
Reputation : 9
Join date : 2014-11-15
Location : Timbuktu

what about the MEGA City Projects on the way...

The Media Hype will help along the way!

Joe007 · 14 Re: SIRA- performance and its future Thu Mar 03, 2016 4:53 am

Joe007

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 3710
Reputation : 21
Join date : 2015-10-14

Guys ,.
see yesterday it was sold at 2.70. I told many times not to follow SIRA for a while. It has come down from 3.70 which is more than 25% loss.

It still has not satisfied the price level so I still expect to come down further more around 2.00 to 2.20