FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » SIRA: EPS up by 1000% > EPF Hoding 24.6 Million (Increased by 3.07% in the last quarter)

SIRA: EPS up by 1000% > EPF Hoding 24.6 Million (Increased by 3.07% in the last quarter)

Go down  Message [Page 1 of 1]

The Best ROI

The Best ROI
Equity Analytic
Equity Analytic
My appreciation fully goes to Prof. Chanaka Jayawrdhana for giving his opinion about SIRA. Based on his idea, I thought of writing in view of SIRA. After my web post, People who collected @ 2.30 – 2.40 are now in a very profitable / safe margin. Let me explain his idea further;

As per the last financial statements released on 14th Oct 2014,

SIRA:  Net Profit for the Period - 90.7 Million (while share price @ 2.60 NOW -14/11/14)

(However, Kalani Cable (KCAB) Net Profit for the period - 70.7 Million (while share price @ 101.90 NOW - 14/11/14)

SIRA: Total comprehensive Income/(Expense) As Sept. 2014: 130.02 Million (Sept. 2013: 5.18 Million)

SIRA: Growth of Net Asset Value (NAV) from 0.02 to 0.20 (1000% growth)

SIRA: 1000% growth is Excellent Performance


SIRA: Holding of EPF as in June 2014 - 8 113 032 Percentage (% 1.51)
Holding of EPF as in Sept. 2914 - 24,624,126 Percentage (% 4.58)
Acquired Shares by EPF for the Period - 16,511,094 Percentage up by  (%3.07)

SIRA: As per the table below, this is after EPF acquisition recently (16.5 Million – before 1st of Oct 2014). If someone has already collected, or still collecting – he/she may play wonders since SIRA has started performing well, and it is largely worthy at this price for a corporate client. It may be good in short term and long term as well. The World copper price has comparatively come down, and it will also make positive margin in profit. Colombo harbor project and other massive constructions in Sri Lanka are in progress. Cable industry is pivotal under such environment. There is a strong possibility of entering foreign buyers into SIRA soon. EPF has already started in consolidation.
It is good to remember that Month to Date Volume is now passing 32.4 Million.

(This article was prepared on 14th Nov 2014 after a lengthy discussion with Prof. Chanaka Jayawardhana. He further advises not to buy / sell because of this note. This is only a technical analysis for your +/- comments. Equity Market is highly volatile, but it may be profitable largely when your way in/out would be at the right time)

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
SIRA sold CIND 1.5 Million @80/= then SIRA NAV may be increased by another 0.30 cents So SIRA will pass 6/=,
we can see VPEL make some EPS thatswhy its went up to 7/= now NAV is not much
keep on eye SIRA

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Very Happy

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
SIRA some brokers recommended for strong buy and target price 6.00

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Is it good to buy this @3.10 or wait another week or two to enter ?

aran

aran
Manager - Equity Analytics
Manager - Equity Analytics
yeah but they facing cash flow deficit .look at the cf statement there operating in bank over draft

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
True Mr aran but the sale of CIND will give them the much needed cash inflow.

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@aran wrote:yeah but they facing cash flow deficit .look at the cf statement there operating in bank over draft


Rolling Eyes Rolling Eyes Rolling Eyes

Teller

Teller
Moderator
Moderator
This is not good at all in this price. Below 2.50 is ok, their cables are using industrial purpose only.market leaders are kelani and acl.those cables are using for house holders,so we cant compare sira with other competitive companies


_________________




Teller said is said..

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Tomorrow morning SIRA will touch 3.50 again Very Happy Very Happy Very Happy

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
SIRA easy to touch 3.50 cheers

The Best ROI

The Best ROI
Equity Analytic
Equity Analytic
I honestly promoted SIRA at 3 or below, when it had a very good trend (short term, and long term as well). I think that many who followed me, got good profits already. Now it may settle around .20 +/  Rs. 3.10. It may have long term benefits, but for traders, it has a marginal risk.

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
alien alien alien alien

sach9993


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
http://forum.srilankaequity.com/t38504-sierra-cable-acl-cables-kelani-cables#235867

sach9993


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
api owa kalin kiwane

sach9993


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
api owa kalin kiwane

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
SIRA shows more than 0.50cts EPS next reports from their earnings and from sold 1.5 Mn CIND @ 80/=

So Don't worry about the management of SIRA at this time , it is speculative mode now ,

Did you guys see the order book not much selling pressure there so it will pass 4/= within two days if the market continue in good

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
alien alien alien

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
when they show EPS more than 0.50 cts next repot SIRA pass 6/= again

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum