The reason for soaring of SIRA.N0000.........

Navigator · 1 The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 2:26 pm

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What is the reason for quick soaring of SIRA.N0000.....? Any good news....?

asitha · 2 sira gains...... Fri Mar 25, 2011 2:29 pm

asitha

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wht happened 2 sira.i bought today morning 20000 shares 4.60 .i did nt expect this and sold 6.10.....

kuk83 · 3 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 2:37 pm

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http://forum.srilankaequity.com/t2102-good-counters-to-enter-in-last-few-days

Rajitha · 4 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 2:41 pm

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asitha wrote:wht happened 2 sira.i bought today morning 20000 shares 4.60 .i did nt expect this and sold 6.10.....

Stupid me:( I knew it will shoot after looking at their announcements + reports but after i sold few months back never bought back! Should have bought atleast few thousand !

SLM · 5 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 3:01 pm

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I'm also amazing due to the gain of SIRA. Have some of them bought at earlier rally around 6.10. I waited until drop more to average but fortunate not with me. Anyway what is the reason behind such a gain? Anybody has the news?
Rolling Eyes

Vinu · 6 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 5:07 pm

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I sold 15000 at 6.00 which I got 5.30(avarage).I could have wait and see.Anyway I have 10000 remaining.Wait and see

TortoizePlus · 7 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 5:25 pm

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They are planning to build two bouquet hotels with a joint venture with free lanka. If SIRA not going to spend their own money, most probably they will go for a right issue. Market will not react like this if the news going to come is a pure right issue as investors tends to take rights negatively. What about REEF kind of approach? Although you can’t create so much of warrants, what about capitalization of shares 10 : 1 and a right issue with a attached warrant. Just a dream. hope for the best. Very Happy

Rajitha · 8 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 5:25 pm

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Rajitha wrote:

asitha wrote:wht happened 2 sira.i bought today morning 20000 shares 4.60 .i did nt expect this and sold 6.10.....

Stupid me:( I knew it will shoot after looking at their announcements + reports but after i sold few months back never bought back! Should have bought atleast few thousand !

LOL some idiot seems to be giving minus rep to what ever post I make today! Seems i have pulled a nerve by disagreeing with him lol!

banarahu · 9 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 9:19 pm

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Bad luck... I hold them 5.17 till one month and placed the order yesterday for 5.30 and did not check the market after 1.30pm... didn't believe this kind of going at the final stage... At last went it without lost... Evil or Very Mad

cse.newbie · 10 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 9:51 pm

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i think it will continue to go up next week also. but have to be careful now. already 25% upfor the day. price band will impose.

gayannadeeka · 11 Price band Fri Mar 25, 2011 10:00 pm

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i think it will continue to go up next week also. but have to be careful now. already 25% upfor the day. price band will impose

This week CFIN went up top but no price band imposed i dnt knw y? any 1 can say..

cse.newbie · 12 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 10:02 pm

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gayannadeeka wrote:i think it will continue to go up next week also. but have to be careful now. already 25% upfor the day. price band will impose

This week CFIN went up top but no price band imposed i dnt knw y? any 1 can say..

because it didnt go up continuously. only one day it went up so much.

gayannadeeka · 13 CFIN price band Fri Mar 25, 2011 10:09 pm

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cse.newbie wrote:

gayannadeeka wrote:i think it will continue to go up next week also. but have to be careful now. already 25% upfor the day. price band will impose

This week CFIN went up top but no price band imposed i dnt knw y? any 1 can say..

because it didnt go up continuously. only one day it went up so much.

Got it.... CFIN will it go for 1500.00 in next market week...

wikum100 · 14 Re: The reason for soaring of SIRA.N0000......... Fri Mar 25, 2011 10:47 pm

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cse.newbie wrote:

gayannadeeka wrote:i think it will continue to go up next week also. but have to be careful now. already 25% upfor the day. price band will impose

This week CFIN went up top but no price band imposed i dnt knw y? any 1 can say..

because it didnt go up continuously. only one day it went up so much.

still i cant understand the basis? why dont they reveal the equation or fomula of price band?
i think price band should not apply like this way ?if it to be,it should be visible? dissapointing.... pale