SIRA Community

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GroundedKestrel
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Re: SIRA Community

Postby GroundedKestrel » Mon Sep 05, 2016 10:11 pm

Ohhhh thank you :D It doesn't look too bad nah?
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SHARK
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Re: SIRA Community

Postby SHARK » Mon Sep 05, 2016 10:22 pm

GroundedKestrel wrote:Ohhhh thank you :D It doesn't look too bad nah?


Gave a shocker ha ;))

There are plenty of SHARES at a massive discount.
I am sensing in a real bull scenario, we could be in for treat if we have the will and holding power along with patience.


:ympray:
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Re: SIRA Community

Postby PAT » Mon Sep 05, 2016 11:22 pm

SHARK wrote:SIRA (Sierra Cables PLC)

EV (30.06.2016)
Market Capitalisation = 1,612,537,344
Total Debt = 1,238,381,269
Minority Interest = 4,178,679
Cash & Cash Equivalents = 112,853,797
Enterprise Value = 2,742,243,495
Annualised EBITDA = 515,836,404
EV Ratio = 5.31

PE Ratio (30.06.2016)
Closing Price = 3.00
Annualised EPS = 0.52
PER = 5.77


Tx Shark......
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GroundedKestrel
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Re: SIRA Community

Postby GroundedKestrel » Wed Oct 26, 2016 10:31 am

Hmmm. Is there any chance of a dividend being declared for this quarter? No right?
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Re: SIRA Community

Postby DXB » Tue Nov 01, 2016 9:40 am

:)

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GroundedKestrel
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Re: SIRA Community

Postby GroundedKestrel » Tue Nov 01, 2016 9:55 am

This is great. Rough investment will be about Rs.85M.
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Re: SIRA Community

Postby DXB » Wed Nov 02, 2016 5:28 pm

:)

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Re: SIRA Community

Postby PAT » Wed Nov 02, 2016 8:43 pm



Wow, excellent progress...
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Re: SIRA Community

Postby SHARK » Wed Nov 02, 2016 9:28 pm

sira.png


Target 4.50
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Re: SIRA Community

Postby PAT » Wed Nov 02, 2016 10:47 pm

Thx Shark for the chart........
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Re: SIRA Community

Postby jack18 » Wed Nov 02, 2016 11:02 pm

Thanks Shark & DXB for updates

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GroundedKestrel
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Re: SIRA Community

Postby GroundedKestrel » Fri Nov 04, 2016 9:26 am

http://www.dailynews.lk/2016/11/04/business/98045


He said that with Sri Lanka’s rural electrification process almost 92% complete they see the market saturating. “This is one other reason for us to look at overseas ventures.”
-

This Shanmendra Panditha seems to be quite the realist. Kenya, Fiji and now looking at the Maldives?
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Re: SIRA Community

Postby PAT » Sun Nov 06, 2016 9:49 am

Sierra goes to Fiji; steps up operations in Kenya

Sierra Cables PLC (SIRA), a subsidiary of Sierra Holdings, last week announced that the company plans to expand and strengthen its businesses in Africa and the Pacific through more investments in those countries.

The company’s Finance and Strategic Planning Manager Prasad Boralessa said, this decision has been taken as the local market has already saturated. Last year, SIRA had invested US$ 2 million on a power transmission cable manufacturing plant in Kenya with a monthly capacity of 500 tonnes.

The company entered into a joint venture agreement last month to set up a power cable manufacturing plant in Fiji with three other companies. “We will also provide technical know-how in setting up of the company and its operations in Fiji,” he added. The company hopes to take up a 30 percent stake in the plant with an investment of US$ 4 million. It will have the capacity to manufacture 300 tonnes monthly, company officials said at a press conference last week. Sierra Cables East Africa (SCEA) has already secured the first supply order worth US$ one million from Rural Electrification Authority (REA) of Kenya. Kenya is set to become a middle income country by 2030. And the SCEA is planning to use this opportunity to grow within the East African region, SIRA Managing Director Shamendra Panditha said
http://www.sundayobserver.lk/2016/11/06 ... ions-kenya
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Re: SIRA Community

Postby SHARK » Thu Dec 01, 2016 2:58 pm

We should not forget SIRA for possible target between 4.50-5Rs
sira.png
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Re: SIRA Community

Postby SHARK » Thu Dec 01, 2016 3:13 pm

If SIRA was able to recover from 1.50 towards 5Rs.
How about 3.50 to 7.50rs based on a LT view courtesy of Bullish Butterfly Pattern.

So then we got 2 targets on technicals thats 4.50-5 and ext towards 7.50

Does the 2 targets are really achievable. *-:)

Fundamental Analysts can share their thoughts (+/-)

All opinions are welcome

Discl:not holding

siralt.png
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Re: SIRA Community

Postby SHARK » Thu Dec 01, 2016 3:32 pm

SHARK wrote:SIRA (Sierra Cables PLC)

EV (30.06.2016)
Market Capitalisation = 1,612,537,344
Total Debt = 1,238,381,269
Minority Interest = 4,178,679
Cash & Cash Equivalents = 112,853,797
Enterprise Value = 2,742,243,495
EBITDA = 515,836,404
EV Ratio = 5.32

PE Ratio (30.06.2016)
Closing Price = 3.00
Annualised EPS = 0.52
PER = 5.77



SIRA
EV (30.09.2016)
Market Capitalisation = 1,881,293,505
Total Debt = 1,121,952,256
Minority Interest = 3,695,696
Cash & Cash Equivalents = 65,474,909
Enterprise Value = 2,941,466,518
EBITDA = 646,662,930
EV Ratio = 4.54

PE Ratio (30.09.2016)
Closing Price = 3.50
Annualised EPS = 0.68
PER = 5.15
Price is what you pay. Value is what you get.”

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Re: SIRA Community

Postby PAT » Thu Dec 01, 2016 4:05 pm

Thanks Shark,

EV ratio and PER improved during this short period.......
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Re: SIRA Community

Postby dhanurrox » Tue Jan 03, 2017 10:48 am

big selling these days at 3.30.right now 1.3 million available at 3.30

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Re: SIRA Community

Postby dhanurrox » Tue Jan 03, 2017 11:01 am

dhanurrox wrote:big selling these days at 3.30.right now 1.3 million available at 3.30

Cleared.Forum member?

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Re: SIRA Community

Postby Shadow walker » Tue Feb 07, 2017 5:35 pm

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)


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Re: SIRA Community

Postby PATHFINDER » Tue Feb 07, 2017 7:49 pm

Good performance amidst shrinking GM
TIMING IS THE NAME FOR THE GAME

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Re: SIRA Community

Postby SHARK » Tue Feb 07, 2017 11:01 pm

What are its strengths and weaknesses
Price is what you pay. Value is what you get.”

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Re: SIRA Community

Postby dhanurrox » Wed Feb 08, 2017 9:26 am

SIERRA CABLES PLC
Company ID: - SIRA
Date of Announcement: - 08.Feb.2017
Rate of Dividend: - Rs. 0.25 per share / Interim Dividend
Financial Year: - 2016 / 2017
Shareholder Approval: - Not Required
XD: - 20.Feb.2017
Payment: - 02.Mar.2017

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Re: SIRA Community

Postby DXB » Wed Feb 08, 2017 9:26 am

as expected.................

SIERRA CABLES PLC
Company ID: - SIRA
Date of Announcement: - 08.Feb.2017
Rate of Dividend: - Rs. 0.25 per share / Interim Dividend
Financial Year: - 2016 / 2017
Shareholder Approval: - Not Required
XD: - 20.Feb.2017
Payment: - 02.Mar.2017
:)

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Re: SIRA Community

Postby Blue Whale » Wed Feb 08, 2017 10:31 am

Very attractive dividend yield. Good counter for value investors.
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