SINS / SINI Dividend and More

Yesterday Market is Up with nearly 200 points and It's ended with the good NEWS.

SINGER (SRI LANKA) PLC
Company ID: - SINS
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs.1.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD: - 09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

SINGER INDUSTRIES (CEYLON) PLC
Company ID: - SINI
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs. 6.75 per share / Interim Dividend
Financial Year: - 2010
XD:-09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

Yesterday SINS traded about 272000 shares around Rs.120 - Rs.125 range and it was hit Rs.127.50 as the yesterday highest price...Dividend is good at this time for SINS and Predicted Rs.135 - 145 But this is not the News we have expected for the SINS.

And if you check yesterday trading it was traded by big number of shares at a time so I guess some important thing is coming with this share....SINI Dividend because of they got money after selling their SINS stakes but the deal is not yet finished as my knowledge.

Please share your thoughts about this if you have.........Anything related to this post is welcome

SINI is a more illiquid share at the mkt.this is the best dividend every they offered. this is an interim dividend not the final, early next year they may declare the final dividend.so its worth to hold on even as a long term investment. At the current mkt, most of ppl are using sini for day trading.

windi5 wrote:SINI is a more illiquid share at the mkt.this is the best dividend every they offered. this is an interim dividend not the final, early next year they may declare the final dividend.so its worth to hold on even as a long term investment. At the current mkt, most of ppl are using sini for day trading.

As for serious SINI is manipulating by broker company and no future for naked shares trading for few times more than the actual value because with this market down every one learnt the lesson and if you check last few weeks forum posts every one posted about how much they have lost.I saw few of your (windi5) posts and I just wish your also helping them to promote SINI.

So My idea is not to buy overpriced iliquid shares even they have declared Rs.million per share dividend.

But the SINS already hit Rs.169.50 as ALL time high and traded a lot of shares above Rs.150 range so I wish it will back to that level soon (this is just an idea).

Hikz, you will surely consider buying all the shares if they declare a Million per share dividend. I dont think that SINI is over valued its NAPS is over 200 and EPS is also good.

As it is illiquid share can be manipulated easily. But better buying a technically sound illiquid shares than craps. WAPO should trade below Rs.100 but due to manipulations its rocketing. I didnt follow up SINS but still SINI looking good for me. What are the reasons you to put SINI with other craps?.What is the fair value you set for SINI according to their financials

windi5 wrote:Hikz, you will surely consider buying all the shares if they declare a Million per share dividend. I dont think that SINI is over valued its NAPS is over 200 and EPS is also good.

As it is illiquid share can be manipulated easily. But better buying a technically sound illiquid shares than craps. WAPO should trade below Rs.100 but due to manipulations its rocketing. I didnt follow up SINS but still SINI looking good for me. What are the reasons you to put SINI with other craps?.What is the fair value you set for SINI according to their financials

SINI makes profit after selling SINS qty they owned (actually that's not a profit company made with the services they offered that's not valid for future earnings)

That amount might not be included in this financial. Companies make strategic other investments as well, not only selling and servicing. They may invest these money in some other counter.

dinusl wrote:Yesterday Market is Up with nearly 200 points and It's ended with the good NEWS.

SINGER (SRI LANKA) PLC
Company ID: - SINS
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs.1.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD: - 09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

SINGER INDUSTRIES (CEYLON) PLC
Company ID: - SINI
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs. 6.75 per share / Interim Dividend
Financial Year: - 2010
XD:-09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

Yesterday SINS traded about 272000 shares around Rs.120 - Rs.125 range and it was hit Rs.127.50 as the yesterday highest price...Dividend is good at this time for SINS and Predicted Rs.135 - 145 But this is not the News we have expected for the SINS.

:

"ut this is not the News we have expected for the SINS" ....
SO WHAT is yor are expecting bro.....

CSE1 wrote:

dinusl wrote:Yesterday Market is Up with nearly 200 points and It's ended with the good NEWS.

SINGER (SRI LANKA) PLC
Company ID: - SINS
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs.1.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD: - 09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

SINGER INDUSTRIES (CEYLON) PLC
Company ID: - SINI
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs. 6.75 per share / Interim Dividend
Financial Year: - 2010
XD:-09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

Yesterday SINS traded about 272000 shares around Rs.120 - Rs.125 range and it was hit Rs.127.50 as the yesterday highest price...Dividend is good at this time for SINS and Predicted Rs.135 - 145 But this is not the News we have expected for the SINS.

:

"ut this is not the News we have expected for the SINS" ....
SO WHAT is yor are expecting bro.....

Oops will see

dinusl wrote:

CSE1 wrote:

dinusl wrote:Yesterday Market is Up with nearly 200 points and It's ended with the good NEWS.

SINGER (SRI LANKA) PLC
Company ID: - SINS
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs.1.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD: - 09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

SINGER INDUSTRIES (CEYLON) PLC
Company ID: - SINI
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs. 6.75 per share / Interim Dividend
Financial Year: - 2010
XD:-09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

Yesterday SINS traded about 272000 shares around Rs.120 - Rs.125 range and it was hit Rs.127.50 as the yesterday highest price...Dividend is good at this time for SINS and Predicted Rs.135 - 145 But this is not the News we have expected for the SINS.

:

"ut this is not the News we have expected for the SINS" ....
SO WHAT is yor are expecting bro.....

Oops will see

give some hints bro...

SINS is not doing well but not the SINI

CSE1 wrote:

dinusl wrote:

CSE1 wrote:

dinusl wrote:Yesterday Market is Up with nearly 200 points and It's ended with the good NEWS.

SINGER (SRI LANKA) PLC
Company ID: - SINS
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs.1.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD: - 09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

SINGER INDUSTRIES (CEYLON) PLC
Company ID: - SINI
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs. 6.75 per share / Interim Dividend
Financial Year: - 2010
XD:-09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

Yesterday SINS traded about 272000 shares around Rs.120 - Rs.125 range and it was hit Rs.127.50 as the yesterday highest price...Dividend is good at this time for SINS and Predicted Rs.135 - 145 But this is not the News we have expected for the SINS.

:

"ut this is not the News we have expected for the SINS" ....
SO WHAT is yor are expecting bro.....

Oops will see

give some hints bro...

There is a rumor they are looking someone to sell whole company....donno more about it just waiting for something..

dinusl wrote:

CSE1 wrote:

dinusl wrote:

CSE1 wrote:

dinusl wrote:Yesterday Market is Up with nearly 200 points and It's ended with the good NEWS.

SINGER (SRI LANKA) PLC
Company ID: - SINS
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs.1.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD: - 09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

SINGER INDUSTRIES (CEYLON) PLC
Company ID: - SINI
Date of Announcement:-29.Jul.2011
Rate of Dividend: - Rs. 6.75 per share / Interim Dividend
Financial Year: - 2010
XD:-09.Aug.2011
Payment: - 18.Aug.2011
Share Transfer Book Open

Yesterday SINS traded about 272000 shares around Rs.120 - Rs.125 range and it was hit Rs.127.50 as the yesterday highest price...Dividend is good at this time for SINS and Predicted Rs.135 - 145 But this is not the News we have expected for the SINS.

:

"ut this is not the News we have expected for the SINS" ....
SO WHAT is yor are expecting bro.....

Oops will see

give some hints bro...

There is a rumor they are looking someone to sell whole company....donno more about it just waiting for something..

i don't think so...

Heard about it from trusted party....so it has chance........Once i got some more details about that I'll post here.

i think its worth to buy company. if i had money,i would have done it.

windi5 wrote:i think its worth to buy company. if i had money,i would have done it.

hmmmm YEAH

windi5 wrote:i think its worth to buy company. if i had money,i would have done it.

i also think abt SINI

let me add bit of technical to this (but m not a that much expert in that just wanted to share my thoughts. please correct me if m mistaken !! )

http://www.bloomberg.com/apps/quote?ticker=SINS:SL

get to this link.
as i see RSI just about to touch OVERBOUGHT levels so soon. so v better hold our belt tight guys because as i feel price can shoot up in near future.

taking consideration to both SINS and SINI to one account (in chart add SINI as a comparison chart) then i discovered the similar trend pattern because its tightly co-related stocks. but in here examine those two charts together i feel always SINS shows the trend of SINI before it shows up ! as was in mid of June and march to June! so examine those charts carefully. u will able to see more than market says!!
(I'm not an expert in charts, so please correct me if m mistaken..)

.......................................................
lets share

dashika rebekani wrote:let me add bit of technical to this (but m not a that much expert in that just wanted to share my thoughts. please correct me if m mistaken !! )

http://www.bloomberg.com/apps/quote?ticker=SINS:SL

get to this link.
as i see RSI just about to touch OVERBOUGHT levels so soon. so v better hold our belt tight guys because as i feel price can shoot up in near future.

taking consideration to both SINS and SINI to one account (in chart add SINI as a comparison chart) then i discovered the similar trend pattern because its tightly co-related stocks. but in here examine those two charts together i feel always SINS shows the trend of SINI before it shows up ! as was in mid of June and march to June! so examine those charts carefully. u will able to see more than market says!!
(I'm not an expert in charts, so please correct me if m mistaken..)

.......................................................
lets share

Good Point Dashika............I am also holding big qty of SINS and I won't to get off until i see 150 - 170 levels

dinusl wrote:

dashika rebekani wrote:let me add bit of technical to this (but m not a that much expert in that just wanted to share my thoughts. please correct me if m mistaken !! )

http://www.bloomberg.com/apps/quote?ticker=SINS:SL

get to this link.
as i see RSI just about to touch OVERBOUGHT levels so soon. so v better hold our belt tight guys because as i feel price can shoot up in near future.

taking consideration to both SINS and SINI to one account (in chart add SINI as a comparison chart) then i discovered the similar trend pattern because its tightly co-related stocks. but in here examine those two charts together i feel always SINS shows the trend of SINI before it shows up ! as was in mid of June and march to June! so examine those charts carefully. u will able to see more than market says!!
(I'm not an expert in charts, so please correct me if m mistaken..)

.......................................................
lets share

Good Point Dashika............I am also holding big qty of SINS and I won't to get off until i see 150 - 170 levels

hmm u a right ... looks like something there..... last day huge buying done @ 125
(SINGER SRI LANKA PLC SINS.N0000 125.00 28 116,400 9.60 8.32 )

last time it touch 169.50 so in this positive market trend it will be go over rs.170

if there is a true rumor i don't know where it stop.... so now i think sins

I think SINS will pass 150 levels b4 the XD date. and this might can happen soon since we saw some crossing and collection during the last 2 mkt days.

also during the mkt downturn, this touched 160 levels (if im not ron during the month of May ). so this has the possibility to pass that level again..

Think9 wrote:I think SINS will pass 150 levels b4 the XD date. and this might can happen soon since we saw some crossing and collection during the last 2 mkt days.

also during the mkt downturn, this touched 160 levels (if im not ron during the month of May ). so this has the possibility to pass that level again..

Good point THINK9 even in the market down this share still at some level even compared to other many shares..So will see this week market.

dinusl wrote:

Think9 wrote:I think SINS will pass 150 levels b4 the XD date. and this might can happen soon since we saw some crossing and collection during the last 2 mkt days.

also during the mkt downturn, this touched 160 levels (if im not ron during the month of May ). so this has the possibility to pass that level again..

Good point THINK9 even in the market down this share still at some level even compared to other many shares..So will see this week market.

Good point

more abt SINS (old)

http://forum.srilankaequity.com/t3381-sri-lanka-singer-unit-profits-up-on-strong-consumer-electronics-sales

http://forum.srilankaequity.com/t4283-will-singer-bv-exit-from-singer-sri-lanka

CSE1 wrote:

dinusl wrote:

Think9 wrote:I think SINS will pass 150 levels b4 the XD date. and this might can happen soon since we saw some crossing and collection during the last 2 mkt days.

also during the mkt downturn, this touched 160 levels (if im not ron during the month of May ). so this has the possibility to pass that level again..

Good point THINK9 even in the market down this share still at some level even compared to other many shares..So will see this week market.

Good point

@CSE
what is good point?
SINS passing 150?

i think they have to dump their own shares if it wants to go to 150...

@think9-you say that a share(SINS) should pass bcoz of that little Dividend?
pleas elaborate,