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Aftek Info

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  #1  
Old 16th September 2007, 02:17 PM
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Default Aftek Info

Hi all

Aftek jumped 30% in just 2 days, there had been big volumes. I tried to search any news related to the stock but could not find the reason. Can some one through some light.
Thanks
Rajeev
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  #2  
Old 16th September 2007, 04:30 PM
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Default Re: Aftek Info

hi,
News is thr just log on BSEINDIA.com.
***************************

AFTEK has taken off after a long wait. Aftek Ltd has informed BSE that Seekport AG, a Swiss entity in which the Company's Munich based wholly-owned subsidiary, Arexera Information Technologies GmbH (Arexera) holds 24.75% stake, has been listed on Frankfurt Stock Exchange on September 12, 2007. Based on the Bid Price of 4.75 Euro per share, the total valuation of the Company works out to Euro 475 millions and the same is expected to settle down during a few trading sessions.

It may also be noted that Arexera had acquired the aforesaid stake in Seekport AG by transfer of technology only.


If it settles down around the same price, it comes to around Euro 117.56 million for Aftek’s 24.75 % stake which makes around Rs 640 crores. Total outstanding shares are 8.73 crores which is equal to Rs 73 per share of Atek.

AT current Markey price of Rs 73.65 you get all other business free.

May be my calculations are wrong, members please share their views.


regrds anup
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  #3  
Old 16th September 2007, 04:58 PM
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Default Re: Aftek Info

yes absolutely. aftek will head 90 + . A potential share to have in portfolio always

-koolfriend4u
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  #4  
Old 16th September 2007, 05:54 PM
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Default Re: Aftek Info

Quote:
Originally Posted by koolfriend4u View Post
yes absolutely. aftek will head 90 + . A potential share to have in portfolio always

-koolfriend4u
How many do u have?

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  #5  
Old 16th September 2007, 06:01 PM
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Default Re: Aftek Info


hahaha Watch the history of aftek

I wont speak. Once the target reaches u will accede.

Happy trading

-koolfriend 4u
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  #6  
Old 16th September 2007, 06:02 PM
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Default Re: Aftek Info

Quote:
Originally Posted by koolfriend4u View Post

hahaha Watch the history of aftek

I wont speak. Once the target reaches u will accede.

Happy trading

-koolfriend 4u
That is not my question. I am asking how many do u have?

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  #7  
Old 16th September 2007, 06:11 PM
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Default Re: Aftek Info

I am keeping myself away with IT sector for the past 1 month. So i dont have any right now.

The same aftek i had 6 month back & yielded good returns of 50%sep06 - feb07. Very good stock !

happy trading

-koolfriend4u
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  #8  
Old 16th September 2007, 06:13 PM
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Default Re: Aftek Info

Quote:
Originally Posted by koolfriend4u View Post
I am keeping myself away with IT sector for the past 1 month. So i dont have any right now.

The same aftek i had 6 month back & yielded good returns of 50%sep06 - feb07. Very good stock !

happy trading

-koolfriend4u
Once u dont have enough confidence to keep the stocks in your demat, how do u can recommend others?

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  #9  
Old 16th September 2007, 07:09 PM
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Default Re: Aftek Info

I can laugh at ur ignorance. go with basics.It a low promoter script & broken the UC now. The valuation of seekport is still under progress. before that itself a rumour of 120 tgt given for aftek.
mkt is a not a kid school game to play with.

Indepth analysis is needed to enter & earn.



Recommendation is not based on what you hold...it is based on trading basics.
I have the annual report of aftek & the % of management holdings too. some volatility is there in this script.Go with intra day chart - if u r a smart trader you can observe.

Anyhow goodluck.

hahaha happy trading for u kid arzoo

-Koolfriend4u
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