Ashoka India Equity Inve... Share Discussion Threads

[picobird] 01/10/2014 14:08

The last bad news that we heard was that there was going to be a sharpish rebound to decent profits. The markets turned at the start of the year & as was said at the IMS there is a pipeline of opportunities waiting to be taken by Anite.
No wheels have fallen off the cart yet with the new model handsets that have gone on the market in the last couple of weeks.
The management are extremely strong in producing 'the goods'. The chairman was co founder of Admiral.
Spirent have dropped today, good buying opportunity but timing wrong for me.

[salpara111] 01/10/2014 13:40

I guess for me I need to see the CEO fired at least, given his total inability to read the markets that he is paid a lot of money to be able to read!
I would also look at the mid 70s as it is a major support line so you would probably see a technical bounce assuming there is no more bad news!

[picobird] 01/10/2014 13:25

Welcome aboard A13878713. It's nice to have someone who actually knows the active cyclical quarters of Anite LOL

[a13878713] 01/10/2014 13:10

Salpara, if you believe anite to be poorly run why would you entertain having a possible punt in the mid 70s, I would stay well away? I hope that in the next update things would be a lot clearer as 2 and 4 quarters is key, time will tell. Alb

[a13878713] 01/10/2014 12:32

Hi salpara you must be relieved you held onto GEMD as it fell all the way back down to your buying price only to shoot back up quickly to where it is now and I believe anite will do the same. Atb nicobird

[salpara111] 01/10/2014 12:13

When it gets back to the mid 70s again I might even have a look at reinvesting but not before then.
PR Pico you need to work harder here!

[a13878713] 01/10/2014 11:37

If anite goes low 80s 20% of the market cap is in cash and pays a dividend and with the company in recovery that to me is an good reason to hold and to top-up.

[a13878713] 01/10/2014 10:34

Been holding anite for around a year buying in at £1.10 all the way down to £0.75 so average £0.88, the dividend payout is a lot more than having cash in the bank, so if this share drops to low 80's I will top-up before the next update as I expect it around 89-92 in that time and play this share at those levels until it breaks 96 resistance.

[werty5] 01/10/2014 09:43

Indeed ex div but as a whole this is sinking, partly I must admit to general market weakness. I stand by my 83p line in the sand. Can always buy back in if price goes cheaper or on a long overdue promising statement. Wish everyone luck whatever your stance is.

[picobird] 01/10/2014 09:23

Brilliant, ex div today- had forgotten about that :-))
Good Luck rathlindri. You have got to do what you feel is best.

[a13878713] 01/10/2014 09:19

Ex-div today.

[rathlindri] 01/10/2014 09:12

werty5, agree this is looking bad, I sold half of my shares last week. pico, your ever optimistic analysis seems divorced from reality to me. Good luck with your top up

[picobird] 01/10/2014 09:04

Someone sorted out their portfolio yesterday. There were some largish sells from presumably the same party. Mind you it was the last day of September. There have been some profitable floats lately like Alibaba, so although equity has increased from cash Anite had to take it on the chin yesterday.
MM's will drop the price today & quite a few buyers were around yesterday.
Could do with some more news on the acquisition front.
My cash position is improving so will be topping up in the next month if these levels hold.
Spirent has followed day by day, would also be a good buy at 100p.
It's a FTSE follow on due to the Ukaine business & a weak Euro. Germany had poor employment figures yesterday.
Handset models are selling well with the IPhone 6 becoming available in China from 17/10.

[werty5] 01/10/2014 08:07

Well I must admit I did not see this weakness coming. I should have perhaps stuck with my instinct and sold after the last statement but the the thought that the price would stay more or less level persuaded me to hang on, I was wrong. The question now is how much slack do I give Anite before cut and run back of my mind says 83p is far enough.

[picobird] 24/9/2014 08:21

More good news released today.
IMF expects growth in China to be above 7% in 2015.
Blackberry to release the Passport smartphone & Samsung the Note 4 phablet. This includes China where the IPhone 6 has not been released yet.

[picobird] 20/9/2014 10:01

As you said werty5 his money should be safe in Anite. Anyone selling now would be timing it wrong. Patience is the key. We could all be jumping up & down if the company had done something wrong but they have done everything right. Okay a wheel might possibly fall off the cart but then you would have to blame the market (technology) not Anite.
I think Spirent are high enough at the moment & may ease down. Good share for trading & methinks that I might take my own advice at some point in the future.
Have no idea about other shares so cannot point at any. Serco is a company that is returning to favour but I am clueless as to their current price etc.
Selling right now IMHO would be a double disaster. Topping up a definite yes (but DYOR).

Notice that Anite Travel are sharing the Anite website besides the premises. Seems a good setup & reassuring for the customers. Only four in the management team.
Will they float at sometime in the future? In the meanwhile 'big brother' is keeping an eye on them.

Just looked up.Serco, apparently it is a falling knife so keep.away. Think.I will.stick with AIE & SPT.

[werty5] 19/9/2014 16:47

You have to make a decision then Rath stay or go remember you already have the loss the question is could you make your money back easier elsewhere rather than wait for Anite.

[rathlindri] 19/9/2014 15:11

Thanks werty5, I would agree sometimes "far off fields look greener" but can turn out not to be. Thing is even the small dividend AIE pay is hardly enough to keep one here either.

[werty5] 19/9/2014 13:08

Looking at stagnation here for a while longer Rath unless Anite come out with a surprise bit of news I think this share is going to bobble between here and 95p I am still in two minds about dipping back out and putting my money elsewhere which worked well for me last time because I backed Pepper pig and Entertainment one but there is no guarantee I will have the same success next time. As I have said the good thing is at the moment I feel that any money that is invested in Anite at around this level should be safe as things seem to be turning around but a bit like trying to turn an oil tanker it takes time.

[rathlindri] 19/9/2014 11:42

yes, and wouldn't it be great if the share price went up....

[rathlindri] 18/9/2014 20:29

hear hear p1nkfish, and we have been waiting, and waiting..

[p1nkfish] 18/9/2014 18:40

Couldn't care less about spirent, pico.
Want to see AIE perform.

[picobird] 18/9/2014 17:49

Anite down 50p & Spirent up 4p.
People are eagerly waiting for Anite to play their Ace. This could be days or weeks. An acquisition of similar value to Propsim to give their network testing side an even stronger appeal in offerings. Remember the interims stated that there was a pipeline of opportunities coming along in this division in the next few months.
The Spirent price can move downwards as quickly as it moves up. The company has been around a long time but has a few problems beneath the surface.
Anite are trying to equalise any advantage that Spirent has on the networking side & I am waiting for news releases as & when they are released on this front.
The fact is we cannot remain ignorant over the technology areas that both these companies are involved in. In other words the figures/ revenues depend on the product offerings & the markets albeit cyclical as they are.
I notice that Anite have put news on their website relating to the continuing success of their old division. They need the cash to push forward but will be very careful as to how it is spent. They develop a large percentage of their offerings whenever possible.
Someone said that the directors do not care about the share price I hardly think that to be the case with their holdings.
I personally think this year will be extremely good for the company but always DYOR. That is not to say that Spirent will not do equally well.