Ashoka India Equity Inve... Share Discussion Threads

[werty5] 04/4/2014 00:45

This has been one of the worst choices of a stock pick I have ever made. Looking for a bounce tomorrow but I am out whatever happens.

[brando69] 04/4/2014 00:10

look on the bright side - this will soon be on a decent yield for income :-)

[koetser] 03/4/2014 23:12

Good luck guys really do hope it goes up from here

[rathlindri] 03/4/2014 20:44

That's pretty lame Irene, they probably got a lot of their shares for nothing, not with their hard earned like you and I. If they start selling they would start a panic in the market so that's most unlikely.

Don't you think it would have been wise to sell at more than double todays price just over a year ago and then buy back in now....? Unfortunately we didn't forsee this collapse and perhaps they didn't either.

You and Pico seem to be immune to what is happening before our eyes here. The current share price is lower than it was in November 2011, not good enough. Just my opinions, which a few others seem to increasingly share....hope I'm wrong by the way

[irenekent] 03/4/2014 19:22

Don't see the directors selling. They may know more than we do.

[rathlindri] 03/4/2014 19:08

pork115, all the best, hope you have better luck elsewhere

[koetser] 03/4/2014 18:57

Don't follow it sell then wait till it hits bottom wait for a double bounce of the floor then buy

[huntie2] 03/4/2014 17:16

Agreed, Koetser, the graph is not a pretty sight.....but if I were buying - or rather adding, since I have some - I'd prefer to buy at today's price than that of a few months ago or a year back! I've not got too many so I'll stick with what I've got and see what happens! Best wishes, Huntie

[koetser] 03/4/2014 17:03

Look at the graph at the top of the page ...

[huntie2] 03/4/2014 16:21

......but don't forget, it's when everybody has given up on a share that it reaches it's low and starts to rise.....(well, hopefully!)

[rathlindri] 03/4/2014 15:53

Hi koetser, hope all is well with you. I should have followed you last year.

Oh look..Another "tree shake" here no doubt.

[koetser] 03/4/2014 15:30

Hi rath,

Interesting to see that you guys are still here. I found the comment davalew very interesting Anites business is very different from general telecommunications and is very cyclical ... Very cyclical. Generally they get a boost at the beginning of a new mobile standard such as 3G and 4G and then peters off until ... 5G?

Rath,

There is a definite downtrend as can be seen from the graph. I no longer supply Anite due to the downturn in their business but might do in a few years time. I am very glad that I got out a year ago and bought into builders ... Which are in an up cycle...

[pork115] 03/4/2014 15:30

I've sold, whatever the reason this is going down I don't know, mite regret this but feel there must be something about this company Ive missed, good Luck everyone

[brando69] 03/4/2014 14:50

this is either a triple bottom or the start of a strong leg down...

[rathlindri] 03/4/2014 14:47

So much for the cigars etc! Not only soul destroying, also confidence sapping and wealth eroding. Problem is as it slips southwards the further we will have to climb back when / if good news ever arrives. The charts above make truly grim viewing.....I despair!!!!

[davalew] 03/4/2014 14:35

It seems that most investors do not understand what it is that the company does and consequently find it difficult to evaluate its future prospects, so they follow general economic trends in the telecommunications market and don't actually see specific company performance until after it happens. Success has to be written in letters a foot tall before the average investor would accept that Anite might buck the trend and normal cautious evaluation always tends to pull down the share price until an actual profitable result provides evidence of the company's performance.

It seems to have been like this ever since the £3.00 a share bubble burst all those years ago when my small holding was left at a tenth of what I paid for it. Averaging the price over the years has put me in a profitable position now but if only Anite could convince the market that they are a true success story, my increased holding would be worth up to three times its averaged purchase price. I'm patient, I can wait, but it is soul destroying.

[brando69] 03/4/2014 13:49

unfortunately the downtrend remains intact

[rathlindri] 03/4/2014 12:38

Scottish Widows

[deanowls] 03/4/2014 12:37

I read it as they have added as they have taken over a unit of lloyds that contained the shares.

[rlivsey] 03/4/2014 12:13

That is an interesting point. I suppose we won't no the significance until the report in may.

[2flatpack] 03/4/2014 11:35

brando
My point is the fall in share price over the last year its not down to institutional selling.There is a net gain. Most institution have been pulling back on their riskier shares .I think this bodes well .
cheers

[brando69] 03/4/2014 11:20

so they've added another 5 million shares?

[2flatpack] 03/4/2014 09:35

Seeing Aberdean had increased its holding to 12%
I looked back through the returns and noted over the last year four institution have been buying and two selling
selling
kames down from 5% 12M to under 3% ?M
old mut. Down from 5 to 3% 10.3M
Buying
aberforth up to 5.7% 17.2M
bny up to 3.0% 9.0M
pru up to 4.0% 17.0M
aberdean up to 12% 36.4M
The last sale was in August 13.
It looks a slow burn to me with a chance of a white knight in the mean time
just my thoughts nothing more.
cheers

[picobird] 02/4/2014 14:24

Like the blonde who went into Comet & wanted to buy a TV, only to find out that it was a microwave oven. ( LOL)

Onto serious stuff. Anite & Intel have teamed up.
Anite and Intel to develop 'virtualised' testing environments for 4G and 5G