Aftek Info
- Thread starter rkgoyal_98
- Start date
hi,
News is thr just log on BSEINDIA.com.
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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 Afteks 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
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 Afteks 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
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
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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