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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ashoka India Equity Investment Trust Plc | AIE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -2.00 | -0.69% | 286.00 | 13:56:29 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 287.00 | 285.00 | 287.00 | 288.00 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 15/10/2024 11:26 by jswjsw I would have thought China's stimulus would have helped, overall (?)The fall from 2% premium to nearly 5% discount has something to do with SEBI, the Indian Regulator's comments that small Indian stocks have stretched valuations. But AIE invests in major companies and the comment is just not true for AIE's main sectors like banks and insurance. Tech & Zomato are growing at enormous rates (Zomato at above 60% p.a.) India's growth potenital remains huge, and I doubt the AIE discount to NAV will remain for long. J |
Posted at 13/7/2015 09:48 by jadeticl3 Perhaps the BOD, who clearly want a sale at any price, circulated all companies rumoured to "have any interest in buying AIE" to ask them to make an offer. Then only Keystone Cops came up with anything at the auction, and, as the reserve price was the existing share price, their offer was accepted!It is a very low offer, but if you are very keen to sell you accept low offers. If you are not keen to sell you send someone who makes an unsolicited, low offer packing with a flea in his ear. I was confident of a higher offer, but am beginning to have doubts. Pity this is not getting more publicity. |
Posted at 09/7/2015 10:47 by picobird Thanks Gerd. Will definitely have a good look at that one. I need to put some of that cash to one side for a house as I did the unbelievable & invested my house proceeds into AIE a year before the housing crash in 200? ( exact dates escape me ).Yes I know, but it seemed a good idea at the time...........LOL. It won't happen again............pro Anyway, I retire this month & need to make some sensible decisions including which country to live in. Have not been in the UK for a few years. That's enough about me. Let's hope we get that counter bid, but time seems to be running out. |
Posted at 01/7/2015 16:33 by irenekent I have also sent a message. The cancellation of the dividend was the final straw. Outrageous. |
Posted at 01/7/2015 06:57 by irenekent Absolutely outrageous. Not even a final dividend. When Catlin were taken over recently there was a substantial final dividend, a substantial return of cash and a substantial number of shares in the taken-over company. With this bunch of shysters there is nothing. I urge all shareholders to vote against the board. The institutions presumably will take the money and run as usual. |
Posted at 11/6/2015 07:40 by picobird mbmiah - helloThe IC had a 2 page analysis by one of their top guys a couple of weeks ago. He mentioned some big names including Rhode & Schwarz as interested parties. They are a German test & measurement company. Also the Motley Fool did a story which included SPT as one of a likely threesome to double in price. Hence that would pull in interested parties. Other than that the AIE price is looking very bullish with plenty of bulls around. Looks like the long term shareholders need the BOD to filter out the 'rubbish' predators. Hopefully AIE can continue as an independent company but we have to question whether this bull run is set to continue in the market in general. Have we had seven years on the trot in the past, probably not. A good run for AIE up to the AGM is necessary & in the weeks following re their share price R & S is a Family run business which is a bit odd nowadays, but it seems to be 100% German.p Gerd - hello I know what you mean, I do not put links on myself but there is a way to stop ADVFN taking you to other sites. Press the green spot & login & then you should be able read the thread without any hassle. Do not under any circumstances press the red spot or you will be ejected 50 feet into the air - LOL. ADVFN provide really good accurate info in their free section should you need to transfer company figures & ratios to a spreadsheet. Needed for fundamental analysis but not all punters trade on FA, only TA. |
Posted at 09/6/2015 17:33 by picobird Lot of stuff floating around concerning M & A and the two test companies - AIE & SPT.This is why it is important for the market mechanics to correct the share price to a price nearer to where it should be. In the case of AIE the market will correct prior to the AGM on 01/07/2015. I anticipate a further jump during that first week of July. I would personally prefer the company to stay as a Small Cap but the long term shareholders need the share price to be at sensible levels before any M & A scenarios materialise, hopefully they will not. |
Posted at 03/6/2015 10:54 by picobird I know where you are coming from werty5.At least we know sentiment has finally changed which is the important thing. The shares are still very cheap so a run up to 150p would seem reasonable (based on a forward P/E). We also need a decent price to be established by 01/07/2015 in case ST ( of IC ) is right about his M & A theories. That would be the decent time to start any negotiations & not before. When we look at the share price two years ago & compare to the FTSE ( now that the markets have completed consolidation) we should be at 'x' pence (I dare not put a price in as it tempt's fate). The fact is we have a long way to go to catch up in view of this company's fundamentals now. Not that fundamentals count for much with the way punters trade nowadays ( the exception being Warren B ). Neither is there anything wrong with the way people trade using TA, it does at least complete within weeks rather than years (LOL). A lull would seem to be on the cards (perhaps two days) but we need to make up the ground within a month, just in case the ST scenario takes effect. I have not held for many years for a predator to capitalise on an undervalued share price Hopefully, AIE will remain a small cap. They have shown the industry that they are the best in their field of expertise, thanks to their BOD. Other than that I am a very happy investor - blue skies at last. Should anything happen to AIE, I will definitely be using TA tools in the future when dealing with other companies in a portfolio. Volume increasing today. Like Blackjack that lull is a coming (LOL). Just noticed that the MM's have dropped the price to get the sellers in so that they can get stock (MM's) They probably think it's a good time for a lull as well & to consolidate before pushing on. Wonder if we will get a red candlestick or doji today after the UT closing auction. Green again today 104.75p. We don't mind green, but red ( once or twice ) makes the chart look normal - until we take off again (LOL). Oh no, it's the Grexit - someone get the tarot cards out. The Greeks have wanted this for months !! There is a trader who stands to make $21 mill if the S&P closes below $ 208.65 on Friday's close, he knows ! |
Posted at 14/5/2015 12:34 by picobird Nothing to read into. The MM's are creating a market. They have backtracked on AIE to 'shake' the sellers. SPT has low volume today (below 200k) albeit an excess of buys, so it will probably retrace tomorrow.I follow purely out of academic interest because there is a psychology in market trading & which the MM's have to exploit. They do a great job ! The RSI oscillator is looking strong for AIE, not so for SPT. |
Posted at 06/5/2015 19:30 by picobird The SPT board have appointed another member recently.The share price looks as if it rose at the tail end of today & on lowish volume, so for the rest of the week it will retrace. Lot of hot air about SPT being a M & A target but this has been going on for years. Rather keen to hear the Q4 trading update for AIE. Sorry if I go on a bit - some people follow TV soaps, these two companies are my daily soap routine. In fact the truth is they are both top notch companies ! Looking at the daily chart for AIE the price dropped at the tail end of trading today. Going back to the SPT figures I note that the Book to Bill ratio at the end of Q1 of 103 was used as an excuse for sales not occurring in the said quarter. The problem with that excuse is that (from memory) they started the Q1 with 103, so the argument is not valid. The CEO really talks boll@cks at times. |
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