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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
  -1.00 -0.85% 116.50 115.00 118.00 117.50 116.50 117.50 5,079 10:47:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.6 0.0 0.0 5,825.0 78

Ashoka India Equity Inve... Share Discussion Threads

Showing 5651 to 5675 of 5675 messages
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DateSubjectAuthorDiscuss
02/2/2020
04:48
htTps://ashokaindiaequity.com/wp-content/uploads/2019/12/PROSPECTUS-2019.pdf 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: hTtps://ashokaindiaequity.com/wp-content/uploads/2020/01/Ashoka-India-Equity-Investment-Trust-PLC-Letter-Dec-2019.pdf
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. htTps://ashokaindiaequity.com
rambutan2
23/8/2015
18:00
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
09:24
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
20:40
.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
18:43
All finished - no trades. It's been an adventure. So long, adiĆ³s
mbmiah
09/8/2015
19:02
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
20:22
Who why is this even trading?
mbmiah
06/8/2015
01:35
Spirent will recover, they usually do.
mbmiah
05/8/2015
13:13
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
06:59
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
21:44
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
17:20
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
12:21
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
02/8/2015
18:50
"If the company is as good as we all think it is" Indeed, but is it?? Why no counter bid?
rathlindri
01/8/2015
21:11
The thing that astonishes me more than the behaviour of the BOD is the non appearance of a counter bid. If the company is as good as we all think it is, and if the present offer is manifestly low, then the missing of this opportunity by a rival is unbelievable. So what do we not know? My mind goes again to the takeover of ABM AMRO by the infamous Sir Fred of RBS. He topped Barclay's offer only to find that the takeover brought RBS to its knees, and resulted in his demise (sacking and disgrace). He had not known the amount of toxic debt that would accrue with ABM AMRO. Could there be something sinister that, as yet, we do not know?
jadeticl3
01/8/2015
20:05
Anybody know who Maven are buying for?
mbmiah
31/7/2015
19:06
A bitter sweet end to a long ride. I made a 100% profit but really expected the shares to rise to 160p and am disappointed and somewhat bemused by the actions of the BoD. But possibly there are unspoken reasons why a higher competitive bid was not forthcoming. I'll take my profit and miss the roller coaster of Anite share ownership! Best of luck to the regulars on this forum.
tatsfield
31/7/2015
07:13
Sorry to hear not the result that you all wanted. Just a heads up if you want to invest in a cracking company not a million miles different to Anite you could do worse than take a look at Laird (LRD) announced its results yesterday and bounced north a considerable distance. Good luck in future.
werty5
31/7/2015
00:10
yes, bye bye all. what a rip-off.
irenekent
30/7/2015
21:07
Pico, does this mean a counter bid cannot take place now?
mbmiah
30/7/2015
20:01
Court Sanction today was passed. htTP://www.trustnet.com/Investments/Article.aspx?id=201507301656186353U So I suppose the cash settlement will be distributed in a couple of weeks. About one month to be more precise from today. I can see Greece dropping/pushed out of the EU in the not too distant future.
picobird
29/7/2015
14:19
sorry meant to sell in my previous post
ali47fish
29/7/2015
11:14
Fish, Maven are continuously upping their stake here
mbmiah
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