SRA - Strathfield Group

[serp]

I can't believe how much strathfield have tanked over the last 6 months, I use to consider this business pretty solid, guess it goes to show that looks can be decieving!

At this rate the business could go bust in under a year! Is there any hope for its share price!

I feel for any SRA holders

 

[pods]

Is it time to jump back on this stock? I'm somehwat fond of franchises and this being a nationally known brand should have a good deal of goodwill to kick start its move into franchises.

When do people suspect the company to settle and start making a profit?

I believe 3c is a good buy as i see them returning to profitability being a consistent performer in the short term. Does anyone else like their change of direction towards franchise model?

Also, whilst i think 3c is a good buy, i think there will be better opportunities, but i'm not sure how much better. Could 2.5 be a good price to jump on board? I could be tempted to buy in at somewhere between 3c and 2.5c.

Trading on Friday 13th October 2006, produced a day hi of 3.1c, low of 2.9c and closed @ 3c.

 

[pods]

And they're off.

Came out with a good third quarter unaudited report today. Over $1M NPAT for 1st QTR 2006/07.

Low of 2.9
High of 3.9

Although I bought in yesterday, I wish I had bought more!

Cheers.

http://imagesignal.comsec.com.au/asxdata/20061017/pdf/00657150.pdf

 

[pods]

Low of 2.9
High of 3.9

Sorry, that should be a high of 3.8... For the moment at least

 

[pods]

High of 4.3c so far. Currently trading around 3.9c

 

[pods]

High of 4.3c so far. Currently trading around 3.9c

Looks to have closed on a High of 4.6.

Up 48% from yesterdays close.

Still a good buy?

 

[pods]

Should i have gotten out? What do people think of SRAs first profit in six years? Is it repeatable?

 

[gavan]

SRA- Strathfield Group

Any opinions on sra and srao..???
A breakout but cant find any news supporting the move.

 

[Snakey]

Re: SRA.... what happening ? a breakout maybe 23%

ANy opinions on sra and srao..???
a breakout but cant find any news supporting the move.

look back over three month chart
big news on 17 october turning from loss to profit
stock has performed well since this ann
on at 500k .057 medium term
market cap 40 mil

 

[Biggle]

Re: SRA.... what happening ? a breakout maybe 23%

In response to an ASX speeding ticket this afternoon, SRA state they are anticipating a half year profit of 1 to 4 million, not bad for a company with a 20 mill cap. Should see more interest in this IMO, leading up to the first quarter report, which should be released within two to three weeks.

 

[champ2003]

Re: SRA.... what happening ? a breakout maybe 23%

In response to an ASX speeding ticket this afternoon, SRA state they are anticipating a half year profit of 1 to 4 million, not bad for a company with a 20 mill cap. Should see more interest in this IMO, leading up to the first quarter report, which should be released within two to three weeks.

The 1/2 yearly report won't be coming out until late Feb but a little birdy told me that they have had a good result over xmas so I'm looking forward to seeing the report.

Cheers

Champ

 

[champ2003]

Re: SRA.... what happening ? a breakout maybe 23%

The 1/2 yearly report won't be coming out until late Feb but a little birdy told me that they have had a good result over xmas so I'm looking forward to seeing the report.

Cheers

Champ

I gather that they will probably make an announcement before then to update us anyway.

 

[yogi-in-oz]

Hi folks,

SRA ..... looking good, ahead of some positive news,
expected this week ..... !~!

happy days

yogi

 

[mmmmining]

Gee, SRA is still alive. I have sold it at $0.19 a few years ago, and never look back!

 

[yogi-in-oz]

Sure looks like SRA is going up from this end, Champ ....

..... and your abuse by PM will be excused, if you
care to make a sincere apology .....

happy days

yogi

 

[champ2003]

Sure looks like SRA is going up from this end, Champ ....

..... and your abuse by PM will be excused, if you
care to make a sincere apology .....

happy days

yogi

Sorry Yogi,

No offence intended. Happy days to you too!

Cheers!

Champ

 

[champ2003]

SRA looking good for the next few months with its current upward trend.

:

 

[champ2003]

A promising 1/2 yearly report with profit up 194%.

I've been chatting to their executive team. Their franchise rollout is going extremely well and they've been contacted by the Franchise Council of Aust due to the impressive franchise growth. For most companies apparently the norm is to get 4 franchises up and running in the first year before it all takes off however SRA already have 12 and has taken off alot sooner.

Another 3 franchises are about to be handed over in about 3 weeks in VICTORIA making a total of 15 franchised stores and there are many others in the pipeline throughout Australia.

It all sounds pretty good to me with some solid forward growth in play.

 

[champ2003]

I should add that the more franchises that they roll out the greater their profit levels are.

 

[bruce1]

This stock is so frustrating!!!
Despite the improving fundamentals its s/p is being decimated by a large seller.
I suspect it is the Kelly Group who were the original founders but removed from the board a few years ago. They have been selling down for around 6 months and with over 100,000,000 shares still held, they control the direction of the share price.
Has anyone got any more accurate information?
bruce1