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what is wrong with this f counter ?
Sarine&rsquo s Net Profit Jumps 238% to US$5.0 Million in Q4 2016 on Record Q4 Revenue
Positive macroeconomics, healthy consumer demand for polished diamonds, robust supply of rough diamonds at economically viable prices and absence of inventory overhang underpinned continued industry recovery
Record 24 GalaxyTM family systems delivered to customers in Q4 2016, expanding total installed base to 299 as of 31 December 2016
Recurring revenue contributed to approximately 40% of total revenue and trade revenues (contributions from Sarine ProfileTM and its components) accounted for approximately 2% of overall revenue in FY2016
Strong balance sheet as of 31 December 2016 with cash and cash equivalents totaling US$38.0 million and no debt
Final dividend of US 2.5 cents per share declared and total payout for FY2016 will amount to US 4.5 cents per share, an increase of 50% over FY2015
I just wrote about sarine tech in my blog foreignersinvestinginindia.com
there is also information about other Singapore stocks based in india. This is for people who think India is going to be big with Narendra Modi capable of big results
there is also information about other Singapore stocks based in india. This is for people who think India is going to be big with Narendra Modi capable of big results
VERY QUIET RECENTLY
I think this counter will post decent 1Q16 results.
Find out why from this post I have just written!
http://heartlandboy.com/initiation-report-sarine-technologies/
aka Heartland Boy
I do.
this crap is supposed to be a gem.
Anyone holding to this crap
Good for those pumped at 1.28 and dumped at 1.8.
Dear&Glorious ( Date: 02-Oct-2015 19:04) Posted:
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They issued profit guidance again saying that revenues were half of Q3 FY14 and an operating loss of USD 1.5 million
john_ric ( Date: 02-Oct-2015 13:08) Posted:
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a case of pump (to 1.7+) and dump (-17 cents today now at 1.5+)
This share is droping like hell. Everyday down by 5 to 7 cents. Has been holding on to this stock for some time.
Year to date results have been poor due to the challenging industry environment. Due to a significant correction to its share price since the start of the year, valuations have become somewhat attractive for a market leader with a strong balance sheet. However, it will be more prudent to wait for conditions to improve first before entering.
http://www.investark.com/Analysis73sarine2q15.html
Decent results compared to last quarter but Sarine counter down
WRONG.
price stay above 2.19 now.
Agreed with you. I expected a bloodbath for Sarine Tech tomorrow. Currently, market has become volatile and tends to react badly to bad news coming out from the company concern.
RoundRound ( Date: 10-May-2015 22:14) Posted:
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Sarine Tech Q1 result just. Profit plunged almost 90%.
Look like dropping to $1.20 to $1.40 in coming weeks possible
Look like dropping to $1.20 to $1.40 in coming weeks possible
My two cents worth..............i smell a rat!!
KepoChicken ( Date: 16-Apr-2015 08:10) Posted:
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this share from market bad time $0.20 to $2.55....
now company made announcement ... going to have loss..
not run now when to run leh
sun233 ( Date: 16-Apr-2015 08:09) Posted:
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One insider sold a lot of shares. Wang Yu Huei sold 2 199 600 shares and ceases to become major shareholder...........Why. They know something we don' t?
15/4/15:
Sarine Tech Last:1.975 Vol:1457k
+0.045
john_ric ( Date: 15-Apr-2015 11:18) Posted:
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