SIRA Community

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DXB
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Re: SIRA Community

Postby DXB » Sat Nov 07, 2015 4:26 pm

Hi Shark,

What do you think Sira result.

https://www.cse.lk/cmt/upload_report_fi ... 702601.pdf
:)

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Re: SIRA Community

Postby SHARK » Sat Nov 07, 2015 4:34 pm

Need to check the Debt/Equity Ratio on SIRA.

Seem a bit high :-B How about its PEERs *-:)
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Re: SIRA Community

Postby DXB » Sat Nov 07, 2015 5:59 pm

Thanks Brother....
:)

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Re: SIRA Community

Postby fire » Sat Nov 07, 2015 6:17 pm

SHARK wrote:Need to check the Debt/Equity Ratio on SIRA.

Seem a bit high :-B How about its PEERs *-:)



Yes this is the reason I stayed away from Sierra and prefer ACL over sierra

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Re: SIRA Community

Postby push » Fri Nov 13, 2015 1:46 am

Debt-to-Equity ratio is 1.14, which in my opinion a healthy position as SIRA is a manufacturing company. Also, 16% of total liabilities consist current liabilities that we cannot really consider as debt. Generally, this DER can go up to 1.5 or even 2.0 but still consider healthy for capital intensive manufacturing companies.
I have reviewed past 10 years and figures look promising; 27% YoY earning growth for last 5 years (2010/11 to 2015/16), 13% YoY earning growth for last 10 years (2006/07 to 2015/16).
Current EPS 0.57, NAV 2.99, ROE 19%, Dividend yield 4.5%, SIRA PER = 4.30/0.57 = 7.5, This is undervalued compared to Sector PER. My medium term target is Rs. 5.60-6.00.

DER of few companies in Manufacturing sector
ACL 0.89
LALU 1.83
BOGA 0.97
KCAB 0.82

:-bd

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Re: SIRA Community

Postby SHARK » Fri Nov 13, 2015 2:44 am

nice avatar push .....
Price is what you pay. Value is what you get.”

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Re: SIRA Community

Postby kmg » Mon Nov 23, 2015 12:47 am

with new budget any positive impact on this

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Re: SIRA Community

Postby PAT » Tue Jan 19, 2016 12:23 pm

New 52 weeks low.....

now Rs 3.20/=
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Re: SIRA Community

Postby stocks hunter » Tue Feb 02, 2016 10:26 pm

I think many have fogotton this beatiful tiny share. This share is also benefitting from the falling copper prices since they mainly produce cables by the name of sierra cables to the mkt.

Most importantly they give highest DY among cable family,which is above 5.0% at CMP.

This is becoming an attractive share trading at attractive price levels now....

:ymparty: :ymparty:
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Re: SIRA Community

Postby SHARK » Tue Feb 02, 2016 11:03 pm

Just had a re look at it my SIRA video published 2nd page on exactly 1 year back, when it was trading almost 5Rs. Interestingly I recommended wait and watch towards 3.20 ...... after 1 year it refreshingly HIT 3.20 before RE-BOUND :D

Here is the CHART
summarizing the whole period from then and now.

sira.png


The original video is on PAGE#2
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Re: SIRA Community

Postby stocks hunter » Wed Feb 03, 2016 6:08 am

That is great SHARK.

I think now the SIRA is in maru mood again to hit Rs5.0 or Rs6.0 in future(Asha target price)and to become maru SIRA.......

=))

Don't forget the DY. It's still above 5.0%

:ymapplause:

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Re: SIRA Community

Postby PAT » Wed Feb 03, 2016 8:38 am

SHARK wrote:Just had a re look at it my SIRA video published 2nd page on exactly 1 year back, when it was trading almost 5Rs. Interestingly I recommended wait and watch towards 3.20 ...... after 1 year it refreshingly HIT 3.20 before RE-BOUND :D

Here is the CHART
summarizing the whole period from then and now.

sira.png


The original video is on PAGE#2


Shark,
'sira' analysis about SIRA ... :D ,excellent stuff :-bd

Just today only I watch your video , but I bought few lots during ASI turmoil period in Jan for Rs 3.20-3.50 :)

As SH said now SIRA in sira mode, may be we could see run towards Rs 5.00 & beyond.....
Live Today........
Without compromising your ability to Live Tomorrow……… :)

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Re: SIRA Community

Postby Shadow walker » Fri Feb 05, 2016 6:00 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 SHARK » Fri Feb 05, 2016 7:08 pm

Results not extra ordinary for a perfect run, probably temp halt of state projects could have been a possible reason. things should be back to normal after 2-3 quarters in my opinion.
Price is what you pay. Value is what you get.”

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Re: SIRA Community

Postby SHARK » Fri Feb 05, 2016 7:15 pm

would this be a reflection on ACL and KCAB and AEL as well allowing us to BUY further giving an opportunity :)

lets wait for others as well.
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Re: SIRA Community

Postby PAT » Sat Feb 06, 2016 9:38 am

SIRA may come down to new 52 weeks low (around Rs 3) in the coming weeks ......
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Re: SIRA Community

Postby SHARK » Sat Feb 06, 2016 1:04 pm

May come down to test last low @3.20 and if BUYERS can hold it then another opprtunity awaits.

because the mega project initiations were delayed by the new administration. and few quarters from now should bring back loss of revenue.
just hold your horses :D
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Re: SIRA Community

Postby SHARK » Sat Feb 06, 2016 1:06 pm

i am totally against companies not submitting management analysis reports when QoQ profits are down.

well managed companies tend to provide reviews so that average SH dont panic.

example TJL HHL come into my mind
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Re: SIRA Community

Postby PAT » Sun Feb 07, 2016 1:11 pm

Though 9 months EPS dipped (to Rs 0.41), I still believe they could declare Rs 0.20 Dividend in March

if so it will be around 5.55% considering CMP ( Rs 3.60) :)

We could reasonably expect EPS around Rs 0.55 for financial year 2015/16
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Re: SIRA Community

Postby PAT » Thu Feb 11, 2016 9:45 am

SIRA.N0000 - Trading Halted

Trading of SIRA.N0000 has been halted pending a dividend announcement.
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Without compromising your ability to Live Tomorrow……… :)

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Re: SIRA Community

Postby SHARK » Thu Feb 11, 2016 9:55 am

SHARK wrote:May come down to test last low @3.20 and if BUYERS can hold it then another opprtunity awaits.

because the mega project initiations were delayed by the new administration. and few quarters from now should bring back loss of revenue.
just hold your horses :D
So 3.20 still prevails as SUPPORT :)
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Re: SIRA Community

Postby SHARK » Thu Feb 11, 2016 10:01 am

3.90 upside possible LT
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Re: SIRA Community

Postby SHARK » Thu Feb 11, 2016 10:04 am

sira.png
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Re: SIRA Community

Postby DXB » Thu Feb 11, 2016 10:23 am

11-Feb-2016
SIERRA CABLES - DIVIDEND ANNOUNCEMENT
SIERRA CABLES PLC
Company ID: - SIRA
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
:)

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Re: SIRA Community

Postby PAT » Thu Feb 11, 2016 10:33 am

PAT wrote:Though 9 months EPS dipped (to Rs 0.41), I still believe they could declare Rs 0.20 Dividend in March

if so it will be around 5.55% considering CMP ( Rs 3.60) :)

We could reasonably expect EPS around Rs 0.55 for financial year 2015/16


Few weeks earlier than predicted .........

But the same amount (Rs 0.20) as expected ..................... :)
Live Today........
Without compromising your ability to Live Tomorrow……… :)


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