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.
FINANCIAL CHRONICLE™

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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Excellent Report pending From CTC (Keep eye on CTC )
by ddrperera Today at 7:11 pm

» CSE ready for another Downtrend?
by DeepFreakingValue Today at 3:34 pm

» Ceylon cold stores
by Beyondsenses Today at 11:21 am

» Investor Alert: Sri Lanka Stock Brokering Mafia Strongly Active!
by D.G.Dayaratne Today at 6:29 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Yesterday at 9:39 pm

» What are the key aspects of the Online Safety Act?
by God Father Tue Feb 27, 2024 10:35 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by Investment 1st Tue Feb 27, 2024 9:00 pm

» How to defeat Ranil Wickramasinghe at the next Presidential Elections
by empire Sat Feb 24, 2024 10:34 am

» FINANCE AND LEASING SECTOR
by ApolloCSE Sat Feb 24, 2024 1:35 am

» Why Foreign Sales have gone up during last few days
by D.G.Dayaratne Fri Feb 23, 2024 10:21 am

» Market Performance (2022-2024)
by D.G.Dayaratne Fri Feb 23, 2024 6:10 am

» Richard Pieris Exports PLC (REXP.N0000) future looks bleak!
by God Father Wed Feb 21, 2024 3:34 pm

» ANALYSIS: Sri Lanka Car Market 2024
by D.G.Dayaratne Mon Feb 19, 2024 11:14 am

» LOLC Group's stunning performance goes beyond numbers!
by samaritan Mon Feb 19, 2024 10:57 am

» RED ALERT!! from Richard Pieris and Company PLC
by ChooBoy Sun Feb 18, 2024 10:28 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in 2024
by God Father Sun Feb 18, 2024 8:29 am

» IPO Failures in Sri Lanka
by God Father Sun Feb 18, 2024 8:21 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Sat Feb 17, 2024 9:57 pm

» Treasury Bill is an option of Fixed income
by ResearchMan Sat Feb 17, 2024 2:31 pm

» CONSTRUCTION SECTOR
by Gaudente Thu Feb 15, 2024 7:40 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Equity Win Wed Feb 14, 2024 7:14 pm

» CENTRAL FINANCE COMPANY PLC (CFIN.N0000)
by Gaudente Wed Feb 14, 2024 3:28 pm

» Natural Gas Faces Steep Decline
by ResearchMan Wed Feb 14, 2024 1:17 pm

» CSE geared into BULL mode
by deli Tue Feb 13, 2024 8:31 pm

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Fri Feb 09, 2024 10:30 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

SIERRA CABLES PLC (SIRA.N0000)

+63
Win Win
Manisha De Alwis
vikey
Stockmudalali
Mithooshan
wealth123
Champ888
nish84
RajapaksaDON
arun.cse
abey
jason12
lal62
KavinduTM
jaya
hammurabi
player
sak
Beta1
Equityinvestor
Ruwan925
4Corners
Sanju121
Eugine Fernando
SLFINANCEWATCH
Child
anjelo
sameboy
peacockman
bandara 123
krishna
samcader
Rich Guy
Daniel260476
sisira.wijeweera
Senior Citizen
buddhika.naween
summa
EquityChamp
Quibit
fireshelter
Teller
AsK19
RPPA
kuma524
Hari
stockback
anges
sach9993
fff4sl
goldenboy
man123
kassachandi
indi009
Gainer
shan
Jana
smallville
TortoizePlus
salt
Gaja
Rocky
KDS
67 posters

Go to page : 1, 2, 3, 4, 5, 6  Next

Go down  Message [Page 1 of 6]

1SIERRA CABLES PLC (SIRA.N0000) Empty SIERRA CABLES PLC (SIRA.N0000) Mon Feb 14, 2011 9:11 pm

KDS

KDS
Senior Equity Analytic
Senior Equity Analytic

Sierra Cables PLC is engaged in the manufacturing and sale of cables, wires and conductors primarily for electrification and telecommunication purposes. The Company is involved in the manufacturing, marketing and distributing of copper and aluminum cable products. Its product portfolio includes Low Smoke Halogen Free (LSHF) Unarmoured Power Cables, LSHF Armourd Power Cables, Control Cables, Aerial Bundle Conductors, Aluminium Conductors, Auto Cables, Unarmoured Cables (Multi-Core), Co-axial Cables, Telecommunication Cables, Earth Cables and LSHF Earth cable. The Company offers Armoured and Un Armoured Cables, including Armoured Cables-polyvinyl chloride (PVC), Armoured Cables-cross-linked polyethylene (XLPE), Al-Armoured Cables-PVC, Al-Armoured Cables-XLPE, Un Armoured Cables-PVC and Un Armoured Cables-XLPE. Under Domestic and Industrial Cables, the Company offers Low Power Internal Wiring Cables, Low Power Light Flexible Cords and Motor Vehicles General Wiring Cables.

SIRA is gradually shifting from CEB tender projects towards the dealer (retail) market, where the margins are higher. Furthermore, SIRA has secured a contract worth approximately Rs 1 Bn from the Iranian Funded Rural Electrification Project to provide Aerial Bundle Cables (ABC).

Public and private infrastructure development activities kicking in the post-war development phase of Sri Lanka would also help raise SIRA’s future earnings and it is currently upgrading its capacity and facilities to cater to the surge in demand. SIRA also plans to diversify into hydro power and has expressed interest in moving into the leisure sector. We expect these measures to hold strong growth prospects for the group.

Global copper prices have risen about 50% over the last year, and analyst expects them to rise further in 2011 due to increased demand from China. However, SIRA is shifting to ABC which uses aluminium as the key raw material. Aluminium prices have not appreciated compared to copper, and to that extent SIRA is less exposed to a possible increase in copper prices.
Source: NDB Stock Brokers

2SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Feb 14, 2011 9:14 pm

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Excellent stuff.

materialization and price appreciation will push demand for this share in the future. Must hold on to mine with patience! Very Happy

3SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Feb 14, 2011 9:17 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

is it there in there website?

4SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Feb 14, 2011 9:22 pm

KDS

KDS
Senior Equity Analytic
Senior Equity Analytic

It's not in their website, its for internal circulation which i wanted to share with you all for your benefit.

5SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Feb 14, 2011 9:23 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

thank u

6SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Feb 14, 2011 9:55 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

i am not mistaken, i remember ACL made a loss or their profits were significantly down in 2005/2006 due to global price increase in copper. This year copper appreciated more than 100% and profits may be effected. Going forward, the forecast are such that copper in the number one in base metal segment.

Be carefull with cables!

7SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Tue Feb 15, 2011 5:39 pm

TortoizePlus

TortoizePlus
Manager - Equity Analytics
Manager - Equity Analytics

salt wrote:i am not mistaken, i remember ACL made a loss or their profits were significantly down in 2005/2006 due to global price increase in copper. This year copper appreciated more than 100% and profits may be effected. Going forward, the forecast are such that copper in the number one in base metal segment.

Be carefull with cables!

You can see that their cost of sales has increased in higher percentages than to turnover but with their proposed diversification in lesuire and hydro power sectors this will have more value in the future.

Period Turnover Cost of Sales
2009-09-30 445.8 Mn 331.9 Mn
2010-03-31 591.6 Mn (32.7%) 478.6 Mn (44.2%)
2010-09-30 717.1 Mn (21.2%) 622.8 Mn (30.1%)

Check top 20 shareholders in the list,
Seylan Bank, EPF, PABC, BOC, LOLC, NSB etc..

8SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Tue Feb 15, 2011 9:57 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

MY view is; with their new diversification interest, company might be focusing on revenue increase in big time.. With that announcement this has passed 6 and came back to 5.00 but once we recieve some positive news again, this might have a huge chance of going up.. long term investors have realized the sira value in SIRA ;-)

9SIERRA CABLES PLC (SIRA.N0000) Empty Sierra Cables Hit the previous High 6/= Sun Nov 30, 2014 3:05 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Asha Philips recommend SIRA to buy.
It can be reach previous high 6/= soon

I also to buy bit more ( already bought small Qty in 3/=)
how is this?
SIERRA CABLES PLC (SIRA.N0000) Sira10

10SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 3:08 pm

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SIRA one of the best stock at low price and high profits

11SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 3:24 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

SIRA next Quarterly financial report they will show the earning per share atleast .50 cents

Because they sold CIND and easy target 6.00

12SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 4:37 pm

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

These people releases such reports only after the prices have moved.

This was trading at Rs.2-2.20. But nobody care a shit. And once it moved everybody saying it's good to buy. releasing research reports and some technical graphs aswell.

My broker too Asha Phillips Securities but when I inquire about SIRA when this was trading Rs.2.20-2.40 he said too much share quantity it cannot push much.

Now what has happened same brokering firm releases a research report to buy it at Rs.3/-

13SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 5:02 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

indi009 wrote:These people releases such reports only after the prices have moved.

This was trading at Rs.2-2.20. But nobody care a shit. And once it moved everybody saying it's good to buy. releasing research reports and some technical graphs aswell.

My broker too Asha Phillips Securities but when I inquire about SIRA when this was trading Rs.2.20-2.40 he said too much share quantity it cannot push much.

Now what has happened same brokering firm releases a research report to buy it at Rs.3/-

They recommended after the financial report released good profits up SIRA

14SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 5:22 pm

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Gainer wrote:
indi009 wrote:These people releases such reports only after the prices have moved.

This was trading at Rs.2-2.20. But nobody care a shit. And once it moved everybody saying it's good to buy. releasing research reports and some technical graphs aswell.

My broker too Asha Phillips Securities but when I inquire about SIRA when this was trading Rs.2.20-2.40 he said too much share quantity it cannot push much.

Now what has happened same brokering firm releases a research report to buy it at Rs.3/-

They recommended after the financial report released good profits up SIRA

I thought research team recommend shares based on the current demand on that specific sector and the contracts that specific company is getting.

Just imaging why AEL moved??? Because of the current boom in the construction sector and also the Colombo-Jaffna highway and other highways which AEL is doing Subcontracts.

These are all future values.

Everyone can go through financial reports and recommend, you don't need a research team for that....

15SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 7:09 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Doesn't matter when they do research... just we need to know it has potential to go more than 6/= or not then answer is yes ?
now good buying signal so we can buy still compare with 3.90... 3.70 level 3/= is good to buy
So buy

16SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 9:40 pm

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Will it drop below 3 in next week or two.im wondering whether to collect @3.10 or wait a little bit more

17SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 9:43 pm

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kassachandi wrote:Will it drop below 3 in next week or two.im wondering whether to collect @3.10 or wait a little bit more

This should come to Rs.2.80-2.90 levels..............

18SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 9:59 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

indi009 wrote:
kassachandi wrote:Will it drop below 3 in next week or two.im wondering whether to collect @3.10 or wait a little bit more

This should come to Rs.2.80-2.90 levels..............

SIRA short term target price 6.00 up trend only possible cheers cheers cheers

19SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 10:05 pm

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Gainer wrote:
indi009 wrote:
kassachandi wrote:Will it drop below 3 in next week or two.im wondering whether to collect @3.10 or wait a little bit more

This should come to Rs.2.80-2.90 levels..............

SIRA short term target price 6.00 up trend only possible cheers cheers cheers

it can come down RSI-64 MACD 28

20SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 10:30 pm

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

indi009 wrote:
kassachandi wrote:Will it drop below 3 in next week or two.im wondering whether to collect @3.10 or wait a little bit more

This should come to Rs.2.80-2.90 levels..............

SIRA not coming under 3.00 unless market crash or ASI go down to 6800. but both not possible at this time.
So no wonder, Buy at this level 3.00 or 3.10 is good price to collect

21SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 10:58 pm

goldenboy

goldenboy
Manager - Equity Analytics
Manager - Equity Analytics

This might come down to Rs.2.80-2.90 levels.
Then it will bounce back to 3.4 +.

LT I cannot see any issue.ST we cannot expect target 6.

GB
B+

22SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Sun Nov 30, 2014 11:37 pm

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

goldenboy wrote:This might come down to Rs.2.80-2.90 levels.
Then it will bounce back to 3.4 +.

LT I cannot see any issue.ST we cannot expect target 6.

GB
B+

If it is come down to 2.80 or 2.90, it means under 3.00 then market should be another minus in ASI 100 to 200 ,market crash confirmed .

Tomorrow morning SIRA will touch 3.50 again Very Happy Very Happy Very Happy

23SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Dec 01, 2014 12:56 pm

fff4sl

fff4sl
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

[img]SIERRA CABLES PLC (SIRA.N0000) Stick_10[/img]

24SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Dec 01, 2014 1:13 pm

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SIRA touch 3.50, still good to buy SIRA

25SIERRA CABLES PLC (SIRA.N0000) Empty Re: SIERRA CABLES PLC (SIRA.N0000) Mon Dec 01, 2014 3:25 pm

fff4sl

fff4sl
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I holding the average price of @2.33

But Thinking you buy more. What d you say???

Sponsored content



Back to top  Message [Page 1 of 6]

Go to page : 1, 2, 3, 4, 5, 6  Next

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