Sify Technologies Limited (SIFY) News

SIFY...BREAK OUT...5 DOLLA TARGET COMING IN

SIFY,,,,,,,,,,,,,,,,,,,,,https://stockcharts.com/h-sc/ui?s=SIFY&p=W&b=5&g=0&id=p86431144783

SIFY...BREAKING 4.00....5.00 NEXT

SIFY...READY FOR 4 BUCKS

SIFY HERE WE GO

SIFY HERE WE GO..INDIA DATA AI PLAY

SIFY...POST SPLIT AI NIVIDIA CONNECTION

SIFY: Nice!!! (Who-would-a-thunk-it???)

1 for 6 R/S announced, effective October 4th.

$SIFY - https://www.sifytechnologies.com/us - https://www.sify.com
https://www.sifytechnologies.com/investors
https://www.stockscores.com/charts/charts/?ticker=SIFY

SIFY: A monster Reverse Split should be announced shortly here. (Nevertheless, SIFY closed up by nearly 6% in the Post-M today alone; and heck, a 99% up Close today in the Open-M wasn't too shappy either. And ya know, with circa 1.5-BILLION-PEEPS in India, well, maybe Indians simply LOVE collosal numbers in their favorite stock FLOATS, to boot!!! And lastly, toss-in that rather trending word of late --- namely, "NVIDIA" --- and well, who knows what kind of improbable PRICE action might transpire here tomorrow!!!)
Heck, if were an Indian --- of the, e.g., New Delhi 'tribe', so to speak --- I just might try to 'SCALP' some profits off this curious SIFY puppy tomorrow!!! (All puns intended.)


"Keep DREAMIN', you clown fool, Invest-in-America!!!"
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But yet folks suck on these pig politicians privates like they're someone that can give them eternal life, they all can eat shit and --- for all I care.

IN ITALIAN WE CALL THIS GARBAGE : PUMPO AND DUMPO !!!

Great float, big mover, patience needed to keep going!!

SIFY: Yep!! (Hey, Bro --- of recent months --- any stock's FLOAT may or may not affect what its PRICE does, behind great news, or whatever. And conversely, that old 'LOW-FLOAT' theory that such will make a stock SOAR in price is long dead now. These days, Dude, Wall Street is a pure CRAPS-SHOOT --- i.e., to which NO RATIONAL thinking, scanners, charts, nor predictions can be systematically applied!!!)

$SIFY OS - 183,332,460 - 03/31/2024 - NEWS - https://finance.yahoo.com/news/sify-becomes-first-india-achieve-113400505.html

https://www.otcmarkets.com/stock/SIFY/security

https://www.stockscores.com/charts/charts/?ticker=SIFY

SIFY: It's monster FLOAT will kill this puppy today.

Sify Technologies Ltd. Rights Offering Over-Subscribed (6/28/24)

CHENNAI, India, June 28, 2024 /PRNewswire/ -- Sify Technologies Ltd. (Nasdaq: Sify) (the "Company"), a leading integrated information communications technology (or ICT) Solutions and Services provider in India, today announced that its recent rights offering was over-subscribed.

The subscription period for the equity share rights expired at 6:00 p.m. (Chennai, India time) on June 21, 2024. The subscription period for the American Depositary Share ("ADS") rights expired at 2:15 p.m. New York Time on June 21, 2024. Subscription rights that were not exercised prior to the end of the subscription period have expired. Any excess subscription payments received which remain with the Company or Citibank, N.A., acting as ADS Rights Agent, will be returned to the applicable holders.

The Company expects to issue an aggregate of 190,268,698 equity shares and 59,730,265 ADSs (each representing one equity share) pursuant to the exercise of subscription rights during the rights offering, raising gross proceeds of approximately $30 million before any expenses of the rights offering. Following the issuance of the new equity shares and ADSs, the Company will have 433,331,423 equity shares outstanding, including equity shares represented by ADSs (and which includes the 13,262,908 ADSs to be issued as part of the over-subscription right). The net proceeds of the rights offering are expected to be used for expansion of the business for developing Network Centric Services, Data Center services, Digital Services and for general corporate purposes.

The 13,262,908 ADSs to be issued as part of the over-subscription right were allocated on a pro-rata basis among rights holders who exercised their over-subscription rights based on the number of additional equity shares or ADSs each rights holder subscribed for pursuant to its over-subscription right.

Delivery of the new equity shares subscribed for in the rights offering is expected to be made on or about July 5, 2024. Delivery of the new ADSs subscribed for in the rights offering is expected to be made on or about July 9, 2024.

Other Important Information

A prospectus relating to the rights offering was filed with the Securities and Exchange Commission on June 3, 2024 and is available on the website of the SEC at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

https://www.prnewswire.com/news-releases/sify-technologies-ltd-rights-offering-over-subscribed-302185995.html

IS THIS STOCK A SCAM OR WHAT??? I WANT THE TRUTH!!!

SIFY new 52 week low

SIFY................................................https://stockcharts.com/h-sc/ui?s=SIFY&p=W&b=5&g=0&id=p86431144783

Added a few

Picked up Jan23's

$SIFY

* * $SIFY Video Chart 03-05-2021 * *

Link to Video - click here to watch the technical chart video

Not sure if this should have stayed on my watchlist.

Dumped at the open but kept trading above vwap pretty close to open around the 3.43. Looks like a triple retest?

3.52 to 4.00 for 13%. Would have taken 10%

Then dump.

then 4.00 to 5.00 for 25%

Lesson of the day. A ticker isn't over till the bell rings I suppose.

Missed out.

VWAP/O.Price/Rline all very close together.
Trend?

got 3.71s baby

interesting, hmmmmmmmmm.........

The chart looks good over the course of the year, but there is a recent down trend that is so steep, it is difficult to see this recovering...I may sell with less of a gain than I had at 2.80, with a 2.52 sell... still a gain, but the last section of the chart seems like a bad sign. I could be wrong, it could be momentarily, but I have no way of predicting what will happen.

* * $SIFY Video Chart 01-11-2021 * *

Link to Video - click here to watch the technical chart video

Anyone tracking action here? Considerable push today.

https://www.buzzfeednews.com/article/pranavdixit/google-jio-investment-india-mukesh-ambani

https://finance.yahoo.com/news/sify-technologies-enhances-itest-platform-150322703.html

https://finance.yahoo.com/news/sify-technologies-enhances-itest-platform-150322703.html

Agree, holding very well, should be looking very good by the end of the year.

Good day for SIFY with a lot more to come here.

Now it may be possible to sell another boat load of calls once we make another new high and start consolidation at a higher level. The old ones closed out worthless. Patience is golden! HUGE!

Selling the $2.50 calls was a money maker so far. The latest strike price just may expire worthless, that or buy back now. Personally I'd buy em back down here at 2. Sell em again on the next leg up. This a great company, Can still see 8. pps in a couple yrs.

You still long? its been one incredible year! HUGE!

If you want serious pension income wait till SIFY's pps stabilzes after this run (however long it goes) and finds some longer term equilibrium and start selling out of the money calls every month. It will make the dividend look like coffee change:) For example 20,000 shares equals 200 calls at 25. each equals 5,000. Nice return at end of year! Or if you don't want to sell shares outright, but think its hit top you can sell deep in the money calls and gamble that you will be able to buy them back for much less or they expire worthless while you keep all the profit spread locked up. Also if the out of the moneys call you away you can always give up a month and buy back shares and keep selling. That's why pps stability makes for a steady stream of income on the out of moneys.

lol I know I shouldnt buy more at this price .....BUT THEY PAY FRIGGIN MONTHLY!! lol its like getting a pension check AAARRRHHHH!!

In my opinion we are going to $8.pps way sooner than expected, and if revenues keep surprising I could see $15 HUGE!!! Squeeze them shorts, and thank you please!

lol wake up!! you gotta see this !! AAAAAHH I gotta buy more now!!

Very nice long hold from those freebies last summer!

Yep, absolutely a huge long term win here. Patience is Golden! Put this baby on autopilot go to 1st class and take a nap. SIFY will take care of itself! HUGE RUN just getting started, institutions are loading for the biggest run of SIFY's life. On their way to becoming a powerhouse in their part of the world !!! Revenues, profits will just steadily keep going up every 1/4 as far we can see. The infrastructure that took years to build is now gaining critical traction, as success just keep bringing more of the same. I see great communication skills from the top to the bottom of the company, great quality control and efficiency from the top to the bottom of the company, and a greatly enhanced user friendly products delivered with a smile and super quick support services. Have never had a doubt about owning shares here, and payday will just continue to get better for us longs!

Hot! Hot Hot hot Hot!!

Now that we have had our 50% retrace from new highs will see if a new high is in the offings or a new long term base builds in the midway space waiting for the next catalyst of continued growth. NICE! I believe we can hit $5 in the next 2 years easily. HUGE things ahead!

Love it, this monster is smoking hot. Hope it takes out the old highs of $8.00 pps. Next report should show a nice uptick of institutional's loading up. If not, then common folks are very smart to see a great opportunity and jumped on it.

I have a suspicion that INXN may have been buying up dirt cheap shares of SIFY for awhile, and might try to buy them out. Sify's Mark Ryder worked for and helped ZAYO expand and now INXN who has recently become partners with SIFY is also doing business with ZAYO, the company he used to work for. This is a very interesting development.

What gets me is, without institutional ownership of some significant level, after a run there is no serious bid support showing up. Hopefully that will start to change over the course of the next year :)

The turnaround on SIFY is starting to attract a bit of attention with the new partnership with INXN which is a $3 bill company with a pe of ratio of 83 versus SIFY at only a current 11 even with the recent move up. If that generous multiple was given to SIFY we would be $7.40 pps. This turnaround is the biggest in SIFY history. The work that Mark Ryder's been doing this year as SIFY's new manager in charge of helping expand SIFY's footprint into the EU, along with positive cash flows and currency stability are exactly the 3 things that the institutions were looking for as a signal for re-entry into new long positions. I have read opinions about SIFY and this subject for the last couple years from multiple sources, and they apparently meant what they said.