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steeledge

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steeledge

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Re: None

Friday, 06/13/2014 5:09:38 PM

Friday, June 13, 2014 5:09:38 PM

Post# of 173714
SIFY - i have started a good-sized position in SIFY in the 2.20-2.35 area. Trifecta of micro/macro events surrounding the company are bullish.

1) Improving financials and outlook
2) New pro-business Indian president
3) Paying a dividend for the first time ever

Any one of these is just "OK", but to me, the combination of the 3 puts SIFY in a nice spot for 2014 and beyond. And being one of the few "India plays" works in its favor during those times where momentum catches the sector...can trade around the core position.

Solid DD combined with timeliness and conviction is a recipe for profits.

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