Ashoka India Equity Inve... Share Discussion Threads

[picobird] 20/10/2014 14:55

Markets very cautious today, no clear signals either way.

[picobird] 17/10/2014 11:44

Be nice to end the week on 6300, but I'm not holding my breath.
Would give Monday a decent base for a rally albeit only temporarily.

Update: Not long to the close & 6300 is looking good. Hope nothing in the US throws it now.

Anyway brief respite coming. Been so busy looking at the markets AIE has come second.
Just looked to see if any news has been announced by the company. Found the following article on Xceed which might be of interest.

[werty5] 17/10/2014 09:24

Possible start of expected market rebound? Next few trading days should tell.

[picobird] 16/10/2014 15:49

Roll Up, Roll Up - Sale of the Century.
BOGOF !!! ..... LOL

Good chance Obama might step in at the weekend with Q4, but I would not bet on it !

[picobird] 16/10/2014 13:46

Salpara111
I shall be topping up when extra funds come though next week (hopefully).
Not much one can do when the markets have been gripped by fear over the lack of QE in Europe & the U.S.
Nothing wrong with Anite, fears over the global economy.
Matter of sitting it out until markets rally.

I have been watching the world markets like a hawk these last two weeks. Since you mention it there is a positive for Anite with the Global slowdown. The rollout of Lte networks is increasing & not going to stop so AIE will not suffer from a drop off in demand.
It has just crossed my mind which company would be more attractive to cash rich predators (SPT or AIE). I am afraid it would be Anite with their higher margins in Handset testing.
In fact the drop in the share price of Anite is a great positive for me also ( truthfully), the lower it goes the more I can round my holding up. DYOR.

That reminds me that the H1 results will be 09/12/2014. Will look up to see if we get a preliminary statement first, I think we do.

[salpara111] 16/10/2014 13:27

Come on PR Pico you need something positive to post!

[mbmiah] 15/10/2014 16:32

Next support is a killer drop

[picobird] 15/10/2014 06:40

Good summary werty5.
Think we are ready for that bounce.Possibly to 6650. Long term not good.

Spirent are dabbling in SDN/Openflow controllers & giving a demonstration at a congress in Germany this week. It is a complicated technology & probably best left to the 'big boys' to develope before committing to testing.



No bounce today.

[werty5] 13/10/2014 22:43

Definitely a case of the sky is falling in regarding the ftse, I expect to see a strong bounce back soon, but any bounce IMHO will be short lived as the downward trend has become entrenched and unless the trend line is broken the downward spiral will continue. I see the Dow Jones has closed way down again so any bounce might be put on hold for another day or at least until afternoon trading. I have been busy closing down my market positions which includes Anite and will continue to do so whilst the market especially the FTSE 250 where most of my trades are based continues its steady decline, I will just wait until the predicted bounce happens before my next foreclosures take place. GLA.

[prokartace] 13/10/2014 13:25

Agreed, though still not convinced of a rally here. Maybe in late November as is tradition.

[picobird] 13/10/2014 12:41

Just this month prokartace. Longer term depends on whether Merkel & Co are prepared to allow running a fiscal deficit with QE. China is still roaring ahead which should see the markets 'revive'. Read somewhere last week that only 14% of analysts are not bullish for the ftse. Those predicting 7250 need to delay that for a year - 31/12/2015. Reckon a 2% gain this week though.

Merkel aide just announced business as usual, no QE.

[prokartace] 13/10/2014 11:11

much too early to be saying that with any certainty Pico. You are aware of how markets overshoot both ways.....

[picobird] 13/10/2014 10:51

Looks like FTSE has hit bottom for this month at 3300 & should progress / rally for the rest of the month.

[prokartace] 13/10/2014 10:46

was forced into selling at 81p due to the whole sector showing underlying weakness. Because of SPT correction I have now purchased some shares. I will reverse back into AIE when the shares move back to normality

[mbmiah] 13/10/2014 10:10

We need some good news here. Desperately

[picobird] 08/10/2014 15:05

Panmure Gordon have a target price of 141p. They always were a bit odd though. They have Spirent as 153p, before the crash.

[muscletrade] 08/10/2014 14:54

Late I know, but interestingly Northland reiterated their BUY and 120p today. Why? it is only 6 days since they updated their recommendation.

Maybe Anite management had a quiet word and said we can't say anything(after Spirent) but we are comfortable with our situation. perhaps if you reiterated then it could lend some comfort to investors.Or would that be illegal:)
Just a thought.(he says, clutching at straws).

[picobird] 08/10/2014 09:13

Nice post werty5.
As I said yesterday the news released by Spirent is old news together with news specific to Spirent. Anite Q1 is basically Spirent Q3 with a month overlap. In Q1 Anite reported figures ahead of last year together with the same report about softness in the US network market. They also said that that particular area was now gaining momentum.
Anite also issued a statement stating a quick rebound to decent profits & as their sales product mix is different to Spirent cannot be compared (thankfully) to them.
Handset testing has continued to be strong from China as a continuation from Q4.
All will be revealed in the November interims.
Incidentally, I am very happy with my Anite holding & see no reason to trade the holding as a takeover (Sod's law) could come at any time. I shall however be putting a future fund which is becoming available into a trading mode, probably starting with Anite (at these prices). BTW I started to buy Anite at 28p a number of years ago.
I do not intentionally upset peeps on this board. However, when peeps make statements about a business without understanding the company's business's IMO they do so out of ignorance & not informed opinion.
Trading is not always what it seems. Spirent looked a fairly decent buy at 100p but look at the problems we knew nothing about specific to that company. Anyone buying at 100p would now be looking at a 30% loss in the space of one week.
Anite is a very strong outfit & seem destined to take the lead from Spirent in the Test & Measurement sector.

Although Spirent mentioned softness in the Network business in China, China Mobile have a schedule to implement Volte into their networks this year. There is also a worldwide roll out of Lte networks underway which is increasing.

Good Luck rathlindri, will probably see you back at some point in the future.

[rathlindri] 08/10/2014 09:01

Couldn't agree more werty5, all the best to you. I also sold my remaining holding yesterday btw, but will continue to watch all things Anite with a view to getting back in at some point should things look brighter.

[nomdeplume] 08/10/2014 08:31

Nice analysis, Werty.

[werty5] 08/10/2014 07:37

Thanks Rath, I also regard your views in high esteem. I agree that the recent acquisition by Anite on paper looks like a good move and once again over time I am sure this will prove to be the case. The reason I have cashed in my chips once again are as follows, the whole market at the moment looks screwed bad economic data outweighs any good data so unless a share that you hold is outperforming the market not an easy thing to do constantly, a bit like swimming against the tide then I see no reason to hold. In regards to Anite itself the sector does look out of favour at the moment and their are big problems in China you only have to look at XAAR which was once a excellent share to see how big those problems are. Please try not to infight on this bulletin board esomething which I must admit I also have been guilty of. Think there are two ways of looking at the share you can be like Pico and have faith in what Anite are doing and pretty much hold onto the share through thick and thin the upside of this is when things turn around for Anite (and at some point they will) he will be at the sharp end to take full advantage of the upswing, the downside is if you hold for too long which I expect Pico has then it can take an age to regain any lost funds. The other way is to dip in and out as I have been doing, perhaps investing elsewhere, the upside to this is you don't have whiteknucles on the way down and indeed if you invest well you can make money elsewhere the downside is the trading costs so don't dip in and out too often only when you think the market has given you good reason to do so the other downside to this strategy is you could well miss the sharpend of the recovery which given a good sudden upswing could be as much as 5 to 10% Or even a buyout which could be 25 to 35% on a personal note I would be happy to miss any initial upswing as the price has fallen so far that a recovery would still have a lot of meat on the bones, the buyout on the otherhand would be a kicker.Both are valid strategy's you must decide which camp suits you best. Last of all I would say don't be paralysed by fear if you are sitting on a big loss from Anite It does not mean you have to stick with Anite to regain that loss you can take the loss on the chin along with the trading costs and invest elsewhere if you think there is a better chance to make some money. I at the moment have started to shut down my loss making shares whilst keeping the shares which have made me money the money from my loss making shares has not been reinvested as I am standing aside from the market until things look better and it starts to trend up.Sorry about my ramblings, whatever you decide I wish you well.

[p1nkfish] 07/10/2014 21:27

Ability to handle network big data is very important.
The operators want to avoid having to over build to achieve necessary data coverage.

I don't knowcwhat Spirent are doing but the Exceed buy looks sensible.

[picobird] 07/10/2014 19:07

Today, SPT.
Week, World Economy
One month, Economy & Sentiment
6 months & over , Specific blip in Handset market down to consolidations in the Industry & buyers withholding capex as a result.

[rathlindri] 07/10/2014 18:50

"sp movements & general BS" pico? Some FACTS below re share price:

Today: -2.69%
1 week -3.47%
1 month -9.24%
3 months -7.22%
6 months +4.05%
1 year -25%
2 years -37%