Ashoka India Equity Inve... Share Discussion Threads

[brando69] 25/3/2014 17:18

at the moment it feels like it is sitting at the top of the downtrend... tomorrow will be interesting. it was a bullish day for the markets, so a rise of 1p is hardly cause for excitement

[rathlindri] 25/3/2014 17:14

very wise brando, one swallow doesn't make a summer etc

[brando69] 25/3/2014 17:11

I am tempted to top up... but will resist until i see it hold over 85

[rlivsey] 25/3/2014 14:28

I love how optimistic you are pico!! It's reassuring, but at the same time worrying ha ha

[picobird] 25/3/2014 14:24

Just been looking at the Teradyne scenario which happened in the last year. I now think that it was a highly probable approach by the company to acquire Anite.
In 2011 they took over Litepoint as a continuing entity & that acquisition has proved very positive. Litepoint develop cutting edge device testing equipment. I think Anite would certainly be of great interest to Teradyne. The directors would continue in their present positions. So is there more to the Travel sale than meets the eye? It could turn into a win-win situation for all concerned. Time will tell.
Also had a quick look at the device testing markets & short of paying $6000 for a research book it's all looking very positive for a few years. Japan seems to be a bit stagnant in the smartphone market & India the fastest growing market for smartphones.
You never know, but we might just be approaching a time when the purchase of a few Havana cigars might be in order.



(Just put the above address into google)

[rathlindri] 25/3/2014 10:38

you might be right brando, need to see an upswing maintained

[brando69] 25/3/2014 10:22

i'll be more inclined to believe that when i see it close and hold over 85

[rathlindri] 25/3/2014 10:10

Good to see they are maintaining "Buy" and 115p, however the fact that this represents a 50% increase of friday's close only goes to emphasize how far the share price has fallen in 2014. At the beginning of the year that target was only 15% ahead of the share price, we have, indeed, a long way to go to get back to where we'd all like to be.

I do think the bottom has now been reached.

[picobird] 25/3/2014 06:42

Espirito Santo Investment Bank Research Reiterates Buy Rating for Anite plc (AIE)

That's 115p a 50% increase (approx) on Friday's close

24/03/2014

[brando69] 24/3/2014 13:34

we're still stuck in a downtrend... not sure that this fall has finished yet...

[irenekent] 24/3/2014 09:12

I might say that as the longest holding share holder along with the Prudential I am still in profit. As long as they keep up the R&D they will remain in business as they become the first port of call for companies needing their expertise. Unfortunately some of those companies have been having a hard time lately due to falling demand, political interference, macro-economic factors etc. In China, where game-changing announcements such as Osborne's annuity announcement are common-place, sudden goal post moving can have large but often temporary effects on forward decision making. You only have to look at the fine wine market after the crack-down on managerial largesse (bribes) by the new administration. On the other side of the coin as newer and more all encompassing devices come along the market will grow I believe for Anite's expertise. Thus I remain a holder.

[picobird] 23/3/2014 12:14

I think it's good to study the competition in order to see where Anite stands with the products that it has. There is no doubt that they have established a lead in the mobile testing side. Other companies have missed their chances & fallen behind or missed the boat.
Anite & Spirent are categorised in different technology sectors anyway. Spirent have very little in the smartphone testing field now but a significant presence in certain areas of network testing now in China.
Rhode & Swartz fell behind in 3G testing in 2000.
All these companies seem to complement one another in their fields of expertise & also overlap in other areas.
It's a good policy to see what they do & build up a bigger picture. It also helps to see who would most likely find Anite a good fit.
Unlike the Naked a Trader who adopts a momentum investment approach I personally believe that trading a handful of shares is the way to go. By adopting that method you need to know those particular companies like the back of your hand. From that aspect you then need to know the state of the markets that they trade in.
The difference in the two investment attitudes will obviously pain some investors who are not interested in the depth of what a company trades.
TA is a useful tool, but not to relied upon continually.
Financial ratios & the comparison of them between companies is extremely useful.

Anyway, it's all very well knowing this now, I wish I had used this method 20 years ago.
By knowing everything about a company you should sleep better at night but then again, setting a stop loss will give you peace of mind when using momentum trading.

In my own way I try to provide a little insight (however primitive) for the benefit of anyone who has given up albeit temporarily on the movement of a companies share price
At the end of the day we are all trying to make a few quid including the management of the company. Different points of view help us all.

[rathlindri] 22/3/2014 23:26

"Also, SpT was higher four years ago." True.... and, your point is? What I'm trying to say is what is the value in constantly referring to SPT and comparing their share price to AIE??? It doesn't really matter...I can take any period of time to make a particular point and you can take a different period of time to contradict my point... so let's just concentrate on AIE and forget what SPT are doing unless of course they try to buy out AIE which would make everyone happy....

Anyway, back to Match of the Day :-)

Good weekend everyone!

[picobird] 22/3/2014 20:44

Well that post did not register ( stuck in a one star hotel with a kilobyte connection).
Will post tomorrow. Friday eas a strange day- a lot of sellers came in at the end of the day.
Also, SpT was higher four years ago.

[rathlindri] 22/3/2014 20:34

Thanks for your input brando, good to hear another optimistic forecast

[brando69] 22/3/2014 18:33

assuming there is no real doomsday surprise around the corner, this will soon start looking like a great growth + income play

[rathlindri] 22/3/2014 18:14

OK, since the comparison between AIE and SPT has been dragged up again, here is an ACTUAL comparison below:

AIE SPT

1 week -7% +1%
1 month -12% -1%
3 months -22% +3%
6 months -33% -18%
1 year -42% -31%

I think this illustrates some underperformance over the last 12 months

Feel free to check my calculations (near as dammit +/- 0.5%)

By the way I agree it's useful to have some negative sentiment on the thread for the sake of balance / accuracy

[2flatpack] 22/3/2014 16:34

There are no shorts registered .Which means no short above 0.5% of total shares.
Pico you said it could be a tree shake, any reason to suggest that ?
The share price seems to be falling on very small volumes, although the last two days have been over 1 M . its still very small .There does seem to be some quite large trades in the recent past it could be manipulation to keep the price down while a big buy is in progress. Plus Friday was triple witching and a lot share prices moved unexpectedly.
It may well be a buying opportunity .
cheers

[picobird] 22/3/2014 05:47

rathlindri
It's a wait till mid May.
We are all stuck in limbo but it's the same every quarter. No one has any reason to run this company down. The share price decline is down to uninformed opinions among the selling punters. If they know something then we would know about it also. The decline in itself is self generating & without foundation.
The fact is that the more people whinge about the share price on this thread, the more likely the share price will fall further due to it being picked up on the punters radar.
A proper investor would see this as an opportunity to top up or buy in. The brokers certainly have this stock as a strong buy & I see no reason why a few uninformed investors should pour cold water on their informed (brokers) opinions.
So now I will be asked ' don't you think it strange that the share price keeps falling '.
Well, unless you can tell me why you all have solid reasons as to why you are moaning about the company the answer is 'no'.
What is whimsical, is that the share price falls every time there is either good news of bad news, totally illogical. As for 'being under water' at the moment, I see no reason in the course of events why you should not expect to eventually pocket a decent profit together with the rest of us.
I do have sympathy with you for what it's worth.
The directors certainly have no intention of ' taking a hit'.
CEO has well over a million shares.

[mbmiah] 21/3/2014 22:53

My shares are going from pico to femto I'm afraid.

[rathlindri] 21/3/2014 17:41

So, a carrot(carat), not a turnip? Excellent news, what a relief! Pico, I'm not convinced. We're back to where we were at the end of 2011....if things start to turn around I'll be the first to cheer loudly but if I see my investment continue to leach away week after week I will keep on whinging about it. I'm so far underwater now (like a few others no doubt) I can't contemplate taking that kind of hit. When is the next proper news due?

[picobird] 21/3/2014 17:01

The buys & sells evened out in the end.
Negative sentiment is a good thing to have on a thread for a number of reasons.
The brokers & myself will remain very bullish on Anite though.
The share price is a pain at the moment & this is down to lack of news. Hopefully a bit more time will show this to be a 24 carot share.
GLA.