Ashoka India Equity Inve... Share Discussion Threads

[salpara111] 30/5/2014 09:31

My main hope now is for a takeover as that is the only way I have any chance of recovering my losses in the forseeable future.
I had been hanging on waiting for the sale of the travel business as I thought that could reignite the share price and get it moving back towards the 110p region but it is pretty clear that is not going to happen.
I never like taking a big loss but in this instance patience has not been rewarded!

[rathlindri] 30/5/2014 09:00

Reiterating existing figures.....hmmmmm.....not what we were hoping for. Let's hope for a take over

[muscletrade] 30/5/2014 07:54

Finncap reiterates BUY and 100p target this morning while Northland also reiterate BUY and 120p target.

[picobird] 29/5/2014 20:41

Yes, he is the chairman of SPT.

Seriously, we all appreciate negative sentiment on this thread. From experience it gives a balanced outlook on the true predicament of a company.

Just a couple of points. Anite has weathered very bad market conditions this last year but still pulled a rabbit out of the hat.
While the competition was catching up, Anite had put in enough leg work to capture the mobile testing sector in China.
In fact, their mobile testing products have a lead with facets of being able to get a product line to market in record times & they have tailor made products for large mobile venders like Samsung.
The Finnish connection has proved to be a perfect fit. Elektrobit has supplied Anite with the best tools in the industry to enable them to run their business at an optimum level. (Elektrobit's share price has gone up exponentially proving just how good their products are).
The Finnish network testing side Nemo, again is going great guns. Mobile network testing is growing very nicely within the company as the figures show.
Wth the rollout of 4g Lte around the world Anite are in the prime position for testing mobile handsets.
This is a very strong company not only with it's products but also with a very experienced BOD.
They can now go two ways. Either by being acquired over which they would have little control but not be averse to. Alternatively, they can continue their development within the sector in area's like aerospace, automotive & satellite or just continue to grow on solid foundations within their existing framework. That might be safer given their smaller cash flow compared to the large companies who are already controlling areas like aerospace, automotive & satellite technologies.
Anite are actively leading the development of 5g within a consortium of big names. They are well known for their expertise & will no doubt continue to benefit from working associations with large companies like Huawei & Intel to name just two.
All in all they have a very rosy future especially in the current financial year with trading being robust. That will not go unnoticed by companies looking to add to their existing structures.

[brando69] 29/5/2014 20:39

Mainly books Thanks for the interesting post. Do you work in the industry?

[brando69] 29/5/2014 20:39

Read rns release...

[brando69] 29/5/2014 20:34

Blatant mm manipulation on the end release wasn't there?

[mainlybooks] 29/5/2014 19:56

Now that Anite has sold the travel business the sensible outcome is either to go private or sell the telecoms business. This could be good or bad for PIs but wherever it goes there is a massive PLC overhead for a relatively small company and either rote will extinguish c £5m of cost

I expect the future to be quite rough for the Anite Telecoms business now that the competition has effectively caught up on the testing side and 4G is reaching the end of its R&D phase.There is also some indication that the Finnish businesses are not being integrated very well.

The maintenance side of Anite has been undersold and they have not protected their IP in a structured manner so the future price is very uncertain, hence I sold my holding after 3 years in Anite (fully aware that others are much longer term).

All imho and no advice intended

[rathlindri] 29/5/2014 19:20

Never fails to do the opposite of what one would expect; a disappointing finish

[brando69] 29/5/2014 17:04

lets see what the press make of it.

i reckon it will get tipped this week off the back of that news.

[werty5] 29/5/2014 16:48

Not much of a wizz bang on that news more of a pufft. Think some traders are taking profits far too early imho.

[prokartace] 29/5/2014 16:19

They still need more convincing apparently! Maybe its the old proverb, buy the rumour, sell the news!

[irenekent] 29/5/2014 16:11

Wait until the closing auction.

[salpara111] 29/5/2014 15:56

Rather disappointing share price bounce....I had hoped that the sale of the travel business would lift the share price clean over the £1 mark and get it moving towards 120p again.
I guess I will continue to hold for now as I can't find a decent alternative for the money.

[picobird] 29/5/2014 15:44

Handset venders are pushing India to roll out 4g Lte quicker.
Looks like FD. Lte.
Anite have had an office there for a couple of years.
Small Fry compared to the other roll-outs taking place right now.
Trading is booming BTW.

Re below:
The bounce is yet to come, MM's accomodating sellers first.
They may just be a fair number of automatic sells. Not the best way to make an informed decision.

[al101uk] 29/5/2014 15:29

I suspect many of the sellers are stale bulls that have been trapped here a while and are happy to have made back some of their losses.

Personally, I see this as the start of a longer term recovery and will be here for a while yet.

step 2 - confirm that the blip in trading was exactly that via continued positive trading.
step 3 - Acquire or be acquired.

Either way, I think we'll see prices higher than they are now.

[picobird] 29/5/2014 14:54

Anyone selling now could regret it unless they are very clever at timing the markets, probably impossible.

Notice the chairman of SPT has bought 30,000 shares in his company. That I can understand.
Bet his wife bought 50,000 shares in AIE at the same time :))

You could even be tempted to think that he might just have one eye on AIE for expanding SPT.

The minnows are selling- SILLY but as Brando69 said they are taking profits for short term gain.
Now we wait for the institutions to buy in. Big boys buy in when the small boys sell !

[picobird] 29/5/2014 14:54

Irene
Agreed, Anite have had a fabulous month. Well done Anite !!!.

Already up 6p. Now the predators will be making an appearance but hopefully no offers until AFTER the official reporting date- 02/07/2014.

[irenekent] 29/5/2014 14:51

Pico

I think we may be rewarded for our tenacity at last. Good news.

Irene

[davalew] 29/5/2014 14:39

SP moving up!

[picobird] 29/5/2014 14:38

Sold for 45 mill GBP

Must say I thought that price was more likely than 40 mill.

Brilliant. Again Travel will stay in the old premises. Remember they had server back up's installed there some years ago..

All going to plan- May 2014 the start of big things for Anite. Going to be a fantastic 12 months !!

Elliot theory to kick in. People will miss the boat if not on board already !!

[rathlindri] 29/5/2014 14:34

BLIMEY!!!!!!!

[rathlindri] 27/5/2014 18:23

Thanks pico, just goes to show how accurate (not!) some of the broker forecasts/targets are ...

[picobird] 27/5/2014 18:20

Goldman Sachs put SPT down as a sell last week & raised the target price from 88 p to 95 p
A really weird forecast. They do have a few fingers in pies & the markets are booming.
That broker probably thinks that they are too diverse to be focussed.

( Hope this Android has got a spell checker? )

[rathlindri] 27/5/2014 17:33

SPT up 4% today I see....perhaps it's the Elliot wave reverse tree shake? ;-)