SIRA - PROFITS UP BY 200%

kotasa · 1 SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 12:05 am

kotasa

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According to the latest financials out today, profits of the company has increased by 200% and the EPS has increased from 03 cents to 09 cents. According to my understanding this is one of the strong shares among penny shares (fundamentally most strong penny shares are FLCH & BIL).

Since we are experiencing many runs in penny shares, we can expect a good run in this share from tomorrow!

Experts please correct me if I'm wrong.

Not a sell, buy or hold recommendation. Just my feeling about the development of the performance of the company and the share.

Slstock · 2 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 12:36 am

Slstock

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@kotasa wrote:According to the latest financials out today, profits of the company has increased by 200% and the EPS has increased from 03 cents to 09 cents. According to my understanding this is one of the strong shares among penny shares (fundamentally most strong penny shares are FLCH & BIL).

Since we are experiencing many runs in penny shares, we can expect a good run in this share from tomorrow!

Experts please correct me if I'm wrong.

Not a sell, buy or hold recommendation. Just my feeling about the development of the performance of the company and the share.

SIRA only needs to post reportly every 6 months. There was none due in JUne . I think the reason behind volunteer releasing of results at this stage ( as there is improvement) is for hoping for the possible obvious. A run. Well let see how m arket reacts.
I do not hold this share as of now.

stumpy · 3 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 12:49 am

stumpy

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slstock:

What an observation! Smile

cse.alpha · 4 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 8:02 am

cse.alpha

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@slstock wrote:

SIRA only needs to post reportly every 6 months. There was none due in JUne . I think the reason behind volunteer releasing of results at this stage ( as there is improvement) is for hoping for the possible obvious. A run. Well let see how m arket reacts.
I do not hold this share as of now.

Even RAL released its June 2011 results, although it did not have to do so as it is a Diri Savi Board company, and has not done so in the past - hardly surprising then that its results were strong Wink

Conversely, both ODEL and LGL, which released quarterly results last year (despite not having to do so as they are both Diri Savi companies), have not released their June 2011 results - what can we infer from this ? Are their Accountants just taking it easy this year or are their results below expectations ?

crdesilva · 5 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 8:41 am

crdesilva

Stock Trader

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I was holding SIRA.N for sometime and finally decided to sell. The upward movement was very slow for me. However the company looks strong and i would say its a long term investment.

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SIRA - PROFITS UP BY 200%

1 SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 12:05 am

kotasa

2 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 12:36 am

Slstock

3 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 12:49 am

stumpy

4 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 8:02 am

cse.alpha

5 Re: SIRA - PROFITS UP BY 200% Tue Sep 13, 2011 8:41 am

crdesilva

6 Re: SIRA - PROFITS UP BY 200%

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