ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

AIE Ashoka India Equity Investment Trust Plc

255.00
2.50 (0.99%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ashoka India Equity Investment Trust Plc LSE:AIE London Ordinary Share GB00BF50VS41 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.50 0.99% 255.00 253.00 256.00 256.00 253.00 255.00 388,152 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 0 34.58M 0.2855 8.86 306.4M
Ashoka India Equity Investment Trust Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker AIE. The last closing price for Ashoka India Equity Inve... was 252.50p. Over the last year, Ashoka India Equity Inve... shares have traded in a share price range of 172.50p to 260.00p.

Ashoka India Equity Inve... currently has 121,104,947 shares in issue. The market capitalisation of Ashoka India Equity Inve... is £306.40 million. Ashoka India Equity Inve... has a price to earnings ratio (PE ratio) of 8.86.

Ashoka India Equity Inve... Share Discussion Threads

Showing 5501 to 5524 of 5525 messages
Chat Pages: 221  220  219  218  217  216  215  214  213  212  211  210  Older
DateSubjectAuthorDiscuss
18/8/2023
07:16
SP has risen 20% since those posts, funny how quiet some BBs are...
wad collector
26/4/2023
09:33
Cannot really say, in the end I decided to stay away from country specific ITs, except for UK and Japan. I got burnt with BGCG.
vacendak
26/4/2023
08:50
Thx .. Jii any better do you think ?
maty
18/4/2023
08:07
I looked into it a year or so ago. I thought the fee was a bit steep for "just above okay" results.
vacendak
18/4/2023
07:20
Worth investing ?
maty
12/8/2022
13:44
Article in IC today pointing out that it has changed it's investment policy , intending to double the number of holdings it has. Points out the high management fees when you include the 3 yearly 30% NAV increase fee, which is currently midcycle, but cautiously recommends it.

My question, if the fund underperforms over 3 yrs, will the managers pay back 30% of the loss?
No , thought not....

wad collector
05/6/2021
20:19
Trading at a premium to NAV. Someone expects outperformance.
flying pig
15/5/2021
18:27
Continuing outperformance, but Covid may have an impact on the Indian economy as a whole. Looking forward, this should still be a sensible investment.
Trading at near asset value.

flying pig
06/1/2021
16:25
hxxps://ashokaindiaequity.com/wp-content/uploads/2020/12/Ashoka-India-Equity-Investment-Trust-PLC-Factsheet-November-2020.pdf

Nov 20 factsheet - out performing Indian market.

Prospects good

flyingpig100
02/2/2020
04:48
A couple of relevant points taken from the above:

1) The Company may seek to address any significant discount to NAV at which its Ordinary Shares may be trading by purchasing its own Ordinary Shares in the market on an ad hoc basis. Investors should note that the repurchase of Ordinary Shares is entirely at the discretion of the Board and no expectation or reliance should be placed on such discretion being exercised.

2) The Company has a redemption facility through which Shareholders are entitled to request the redemption of all or part of their holding of Ordinary Shares on an annual basis. The next Redemption Point for the Ordinary Shares will be 30 September 2020. The Directors have absolute discretion to operate the annual redemption facility on any given Redemption Point and to accept or decline in whole or part any Redemption Request. (see pg32)

3) The Investment Manager has agreed not to receive a fixed management fee from the Company in respect of its services provided under the Investment Management Agreement.

4) The Investment Manager is entitled to receive a performance fee subject to meeting the relevant performance criteria. The performance fee is designed to reward investment outperformance by the Investment Manager, through delivering excess returns versus the benchmark index to the Company’s shareholders over the medium-term. (30% of outperformance of MSCI India IMI Index (in Sterling) over 3yrs. Capped at 12% of nav. Paid in shares, not cash.) See pg46

rambutan2
02/2/2020
04:01
Latest factsheet:
rambutan2
02/2/2020
03:58
Investment Objective

Ashoka India Equity Investment Trust plc (“the Company”) is a high conviction long-only equity investment trust. The investment objective of the Company is to achieve long-term capital appreciation, mainly through investment in securities listed in India and listed securities of companies with a significant presence in India.

The founder and designated partner of the Investment Adviser, Prashant Khemka, generated peer group leading performance over various multi-year periods, from inception until leaving in 2017, for the Goldman Sachs India Equity strategy and also for the Goldman Sachs Emerging Markets Equity strategy.

rambutan2
23/8/2015
17:00
All the best to you too Irene & all the regulars.
Many Bulls still in denial that we are entering a Bear market whether it be a Teddy Bear or Grizzly Bear.
The writing has been on the wall for some time if the Advance/ Decline line had been watched.
So we can expect more of the same this coming week & Autumn.
The Test & Measurement sector is a complex area & Keysight could be in for a rough ride despite their Q3 results this last week being positive. I shall watch Keysight, Anite will prove to be a shrewd purchase for them but if the market falls 50% Keysight could fall sub $20.
GLA

picobird
23/8/2015
08:24
With the current slump and the appalling performance of Spirent I wonder what Anite would have been trading at now. Probably not 126p. In the short term I think the directors may have done the right thing. If not and the value of the Anite brand goes up I daresay Keysight might try and refloat it, particularly if they want a presence on the LSE. Anyway, I got paid yesterday so goodbye and best wishes for the future to pico and all the rest of the long-suffering Anite punters on here.

IRENE

irenekent
19/8/2015
19:40
.was on holiday so didn't realize when it would de-list...was waiting for the 2nd bid with a view to get out about now regardless...

phooey

Understand the money is due 27th AUg latest

Craigy

craigy
11/8/2015
17:43
All finished - no trades. It's been an adventure. So long, adiós
mbmiah
09/8/2015
18:02
Yes quite. Hl have told me I get cash at 126p with no dealing costs so planning to let it just happen. Can anyone think of a smarter thing to be doing...?
davr0s
06/8/2015
19:22
Who why is this even trading?
mbmiah
06/8/2015
00:35
Spirent will recover, they usually do.
mbmiah
05/8/2015
12:13
Well, Spirent have finally issued the profits warning which has been six months in the waiting.
In both the H1 quarters the CEO said basically, well if the quarters had been 3 weeks longer we would have hit target.
LOL

picobird
04/8/2015
05:59
Test & Measurement is a complex sector. I agree that the Anite directors wanted to get out while the going was good. They told us about three years ago that the competition was quickly catching up.
In order to survive against the likes of R & Schwarz ( 10 times as many employees ), perhaps you either get bigger quickly or get trampled underfoot.
Anite could have held out for 200p with Keysight but private investors are powerless.
The business is easily understood by techies but the ordinary Joe struggles with the jargon.
The remuneration packages for the CEO/CFO was basically an embarrassment & could not be justified.
The shareholders got kicked in the unmentionables, but in six months time after the Bear market kicks in we may be grateful for a bit of liquidity.
It could be that there was no counter bid because the competition already has the technical know how .

It might also be worth bearing in mind that Anite paid a small fortune for their Propsim Emulator. Nowadays, we are dealing with China & I see no reason (knowing their morals) as to why they would not clone the hardware & software of the device & probably the IP scripts that go with it.

"Last year, fed up with a torrent of bootleg cellphones that was costing the company a billion dollars a year, Samsung hired investigators to trace the phones back, through multiple supply channels, to their manufacturers. The results of that investigation, along with analysis done by independent researchers, uncovered some of the technical strategies undertaken by reverse-engineering operations.
The cloners start by deciding what phones would be most profitable to clone. They then learn everything they can about the device. They attend trade shows, furiously snapping photos of not-yet-released products until someone notices and shoos them away. They will be first in line to buy the new product whenever it hits stores. And they will look for shortcuts, such as a patent filed in China that can act as the beginning of an actual production guide.
The cloners hire a team of between 20 and 40 engineers to begin decoding the circuit boards. At the same time, coders start to develop an operating system for the phone with a similar feature set. (The typical cloner either uses off-the-shelf code, writes something entirely new, or modifies a publicly available Linux-based system.) Both processes take about a month. By then, ancillary items-plastic casings, accessories, manuals and packaging-are ready as well. Full production begins at another factory, one that is already building phones, within about eight weeks from the time the engineers are hired. After a run of about 30,000 units, the cloners move the operation to a new facility in order to avoid detection.
Samsung was impressed by the efficiency of the cloners, so much so that the company offered them jobs. The cloners said no. Earning about $1.25 per phone, the cloners said, they found it easier and more profitable to make fakes. The only known result of the investigation? Samsung now takes care to release products in China shortly after they come out in Korea. Its only defense is to give cloners a smaller window of opportunity."

picobird
03/8/2015
20:44
RI, needs more money to grow (shareholders money presumably), business not easily understood.....sounds moderately toxic to me. Nevertheless, we've been jipped by the dirty Chris, sly mada facker
mbmiah
03/8/2015
16:20
Interesting that this was a cash only deal. Looks like the directors just wanted to get out while the going was good. But then I'm a cynic.
irenekent
03/8/2015
11:21
There is nothing toxic about Anite. They need more money to grow bigger, hence the Capital Markets Event held in February. They have ambitions which are going begging because they cannot fund them.
Perhaps a Rights Issue may have been considered, but I had no extra funds for that & perhaps it was a no -no because of their share price record. After all, nobody really understood the company - bit too technical.
The one company that I would like to invest in is Rohde & Schwarz but that is not possible because it is family owned.
As Irene said, we got ripped off.
Keysight is an interesting chart. Agilent were too slow to catch a cold.
The question is 'can Keysight cut the mustard ?'.

BTW - I think the competition had caught up.

Also, we could be in for a fair bit of grief as the Bear Market must surely be just around the corner.
Most shares will be in for a battering then, & Keysight, well just how far below $20 could they fall ?

picobird
Chat Pages: 221  220  219  218  217  216  215  214  213  212  211  210  Older

Your Recent History

Delayed Upgrade Clock