view on siemens

Any body suugest view on siemens next one year..After its given bonus at 1770 now it price 1/3 only very deep fall compared to sensex right? i think it not give any divdend?

Its an engineering sector stock & all this sector has fallen similarly, we are in a bear market & which means market is still deriving how much slow down will occur in various industries... if growth will slow so will infrastructure & construction which thus will impact the engineering sector as well... thus invest patiently & in pieces & not all together... also 1 year is too short time frame as we have not have concluded the bear market... there can be rallies & siemens may run every now & then for few bucks but till the time it stops making lower prices / bottoms, it still is in bear grip...

If you look at Cash Flow statement of Mar 2008 from annual report. You will notice it has negative Cash Flow for year!

Consolidated basis


Inspite of record profits in Mar 2008 of 692 Crores a straight rise of 77% from last year 2007, they actually ended with withdrawal of 77 Crores from their reserves of last year

The active Cash with them reduced by 30 % from 1161 crores to 856 crores!

Don't you think there is something wrong here? you are expecting dividend, I will say they have much more teething troubles!