Sarine Tech    Last:0.22   -

outlook

Sarin moving up very fast....

 

Tq finstk, good news. buy @ 0.81 cents, waiting for breakeven.

 

SARIN - DIAMOND SHOW - Halbis Capital Management (Hong Kong) Limited & Chartered Asset Management PTE Ltd. Increasing their stake through open market purchase, Pls. watch this counter.

STRONGER DEMAND FROM INDUSTRY UPTURN UNDERPINS BUSINESS PERFORMANCE, Q1FY2007 REVENUE EXPANDS 9% TO US9.3 MILLION, PROFIT BEFORE TAX UP 10% TO US 3.3 MILLION.

 

u can still wait for the next big tsunami wave from Dow jones to come for all SGX shares to come down and Sarin to come back to 60 - 65 cents to buy again.
this company seems solid for this year with diamond outlook so far bright

 

thanks trymyluck... i threw it early... haiii what a pity.

 

latest news is good news although you need to read the small print carefully.
sarin states that they don't have to pay that much royalty as planned previously for the
state-of-art laser technology which means they anticipate increase in Earnings.

now we just need one of the BB's to re-rate the earnings and issue a research report
for us to

 

whats the latest news??

 

This baby gonna shoot up to $1 by may!!

 

going going up??

 

anyone know how is the trend? it was up during the apr/may period last years

 

OH i know but this news is good.. as the economy might be able to grant further tax rebates or at least lower its operating costs if government recieve surpluses 

 

hi kawaiiboy,

   i don't think sarin depends much on israel's economy, 70 % of customers in surat india.
it's basically the diamond industry outlook which will affect sarin.
diamond industry up, good for sarin, down bad for sarin.
just keep a watch on weather conditions in surat if ur monitoring this stock closely.

just my 2 cents .

 

Israel's Economic Boom Outweighs Conflict, Corruption (Update1)
http://www.bloomberg.com/apps/news?pid=20601109&sid=apz.oYUGxAbg&refer=home

Gross domestic product grew an annualized 8 percent in the fourth quarter, the fastest rate in seven years. Surging home construction led a rebound from a contraction caused by the Lebanon war, when rockets fired by Hezbollah forced hundreds of thousands to flee northern Israel in July and closed factories across the region.

Consumer spending rose 4.7 percent in the fourth quarter, even as Hezbollah refused to disarm and Iran pushed ahead with its nuclear program, with President Mahmoud Ahmadinejad calling for the Jewish state to be wiped off the map.

Israelis say the reason for their resilience is simple: they've been living with such concerns since the Jewish state was founded in 1948.

``The shaky geopolitical situation isn't new,'' said Gil Bufman, chief economist at Bank Leumi Le-Israel Ltd. ``As long as things don't have a direct effect on day-to-day life in major urban centers, it's not much of a factor as far as the economy is concerned.''

 

i think its around apr/may...

 

hi sarahlkh

all extra money had for valentines put in shares so how can.
hoping this diamond will give me some money to buy diamond for wife
in next valentines.

if u a long-term vested holder on this counter, any idea when dividends distributed for this one.

 

late purchase of diamonds this year for valentines'? anyway, it is at its bottom for quite sometime already. traditionally it should start moving up to .8 region...

 

kawaiiboy,

  this company not covered much. besides it had given some sort of tentative warning forecast in nov'06 hence the lack of interest.
now that results are announced and with company still doing well inspite of difficult period for diamond industry in 2006 + dividend of around 1.2 cents SGD , this stock should start getting attention again.

vested . lets hope diamonds are mans best friend also.

 

this stock is so funny... when noble report lower year net profit but higher quarter profit compared to 3 months ago its price shoot up..

this one.. september quarter profit was $1,817,000 then dec 31 profit triple to $3,283,000 and the price still remain the same CIMB target it S$0.71 don't know is it under value... today up 2cents

 

In recognition of the pivotal role the Internet plays in the successful, modern business, Sarin Technologies announced today that it has launched an online sales section on its website, www.sarin.com. Sarin continues to lead the industry by being the diamond industry?s first technological equipment provider to offer online sales.

?The ability to buy Sarin?s precision diamond and gemstone grading and production technology products online, offers a modern and now well-accepted means for customers to quickly and efficiently place their orders,? explains Natan Mossak, Sarin?s VP Sales & Customer Care, ?It will also enable the company to reach customers who don?t have a Sarin distributor in their territory.?

By offering its customers the ability to buy upgrades and add-ons as they hit the market, Sarin concurrently helps them stay one step ahead and remains in a league of its own amongst its competitors.

Initially, Sarin will make only those products available for purchase that require minimum configuration choices and allow for easy user installation, such as DC3000?, a polished diamond color grading product and DiaScan? S+, the state-of-the-art mobile diamond analyzer. Additional products will be offered online at a later stage.

Customers buying online can charge their credit card (MasterCard or Visa) in a secure (SSL) environment. Moreover, products purchased online will be invoiced and shipped to the customer directly from Sarin headquarters in Israel, expediting order fulfillment and quality control.




Seems like this counter is being neglected... Results coming out anyway no profit warning is a good sign and whats more Valentines DAY!!

 

any news on this counter? luxury market promising...