Ashoka India Equity Inve... Share Discussion Threads

[picobird] 09/6/2015 18:33

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.

[butmac] 09/6/2015 16:07

Change the hxxp at start of address to http should go then.

[butmac] 09/6/2015 16:06

hxxp://www.gulf-times.com/eco.-bus.%20news/256/details/442455/us-tech-giants%E2%80%99-hunt-for-targets-leads-to-uk-prey

[butmac] 09/6/2015 16:05

This works

hxxp://www.gulf-times.com/eco.-bus.%20news/256/details/442455/us-tech-giants%E2%80%99-hunt-for-targets-leads-to-uk-prey

[butmac] 09/6/2015 13:27

If link does not work try Google News Anite
GLA

[butmac] 09/6/2015 13:23

hxxp://www.gulf-times.com/eco.-bus.%20news/256/details/442455/us-tech-giants%E2%80%99-hunt-for-targets-leads-to-uk-prey

[mbmiah] 09/6/2015 09:51

Very quiet here. When is the next update anyone?And when do ex-divi dates get announced - AGM??

[werty5] 05/6/2015 12:17

Cheers Pico, picked up some more this morning price was OK but spread was a bit wider than I would have liked.

[picobird] 04/6/2015 18:44

Personally I am glad to get that red candlestick, it was inevitable if you study the chart for a year or two - seven consecutive days of green candlesticks, must be a bit of a record !
The MM's try to manage the market but today we had a bit of panic among the small retail traders who just trade the price or take early profits, without understanding the market mechanics. The MM's just pay them off, why pay them a high price when they are prepared to take a low price ?
So the small volume reflects the type of trader today & tomorrow the bargain hunters will be out.
Greece permitting that is. The government are just looking for an excuse to get out of the EU.
Sorry to hear about your broker werty, a real bit of bad luck.

That trader may yet succeed with his S&P500 (SPY) trade tomorrow as the $ 208.65 level is being approached now due to the non payment by Greece to the IMF of the payment due on that date.

[mbmiah] 04/6/2015 18:26

Big drop in small volumes - what's going on?I'm a little disappointed to be below 100 :-/

[werty5] 04/6/2015 16:40

Not surprised by the pullback. Tried topping up and ended up with severe frustration at my stockbrokers website being down. I doubt I will get the same price in the morning.

[prita] 04/6/2015 13:07

Panmure Gordon reiterate BUY with 142p target today.

[picobird] 04/6/2015 09:40

Anite introduces Coordinated Multipoint in its device test solutions
04 June 2015
Support for key LTE-Advanced feature accelerates verification of new mobile devices with improved data rates

Reinforces their lead in device testing.

[bally101] 03/6/2015 21:08

Just bought into these babies, love a 52 week breakout me !

[prita] 03/6/2015 16:42

Let's not underestimate the power of a breakout! Nice to see us in positive teritory again today.

[picobird] 03/6/2015 11:54

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 !

[werty5] 03/6/2015 10:30

Quite a sharp rise now. Is it a case of the move north has happened too quickly? my feelings are that there could be a slight adjustment downwards soon perhaps even a retest of the £1.00 level however unlike last time I expect it will hold and I expect medium to longish term this will carry on rising.

[mbmiah] 03/6/2015 09:24

106 is a major resistance level - break this and we are climbing and holding

[werty5] 03/6/2015 08:48

Yes a very good run but have noticed volume dropping as the share rises nothing to worry about but it may pause for breath soon.

[picobird] 02/6/2015 18:53

Seems to be going straight up on a 'head of steam'.
Can't see the share price stopping for a doji in this market at the moment.
This share is way too cheap !!

Having said that we have had 6 positive daily candlesticks in a row which is probably a max. So if we have a rest day (say today) we could well hit 110p by the end of the week.

[mbmiah] 02/6/2015 18:11

Very nice share price action today. Might ease at around 100 mark for a week or two, but I see 120+ eventually. Been holding these for more than 2 years now - I need some big returns lol

[prita] 02/6/2015 16:47

nomdeplume: what price did you buy at? If you're at nearly break even, I would suggest you will be in good profit soon as the price has clearly broken out now. We should see a nice run up to the results. Best of luck!

[nomdeplume] 02/6/2015 16:23

Pita - I agree, everything you say is true and reasonable. Unfortunately, I bought too early but I'm nearly back to break-even point.

[prita] 02/6/2015 15:32

Bought some more for the following reasons: Hitting new 52 week highs (very bullish sign), massive cash pile, very positive recent trading update, decent rising dividend, not expensive, business being turned around, acquisitive, main market listing and crossed and held the important £1 mark. In my expereince, once £1 is passed, the price can often push ahead quickly and add 20-30p fairly easily.