This scrip is having a book value of Rs.55 per share, EPS of Rs.6 per share and PE of 5.25. There is a change of managementof the company. One of the directors in the new management is Mr. S.P.Talwar who is a director with several companies (Reliance Life Insurance , Reliance Infratel, Reliance General Insurance , reliance Communication,Reliance Communication Infrastructure etc.). Such a good team can bring a turnaround in the company. There is very little to loose from cuurent level....
This share will collapse in a week time with cash crunch...
BSE Announcements on Asian Oilfield
Posted by :
MMB MessengerAsian Oilfield Services Ltd has informed BSE regarding outcome of Board Meeting held on February 23, 2009....
BSE Announcements on Asian Oilfield
Posted by :
MMB MessengerAsian Oilfield Services Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2008....
BSE Announcements on Asian Oilfield
Posted by :
MMB MessengerAsian Oilfield Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 23, 2009, inter alia, to consider the business relating to change in the Directorate and change in Management and Control of the Company under Regulation 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations 1997....
BSE Announcements on Asian Oilfield
Posted by :
MMB MessengerAsian Oilfield Services Ltd has informed BSE about the unaudited financial results for the Quarter ended December 31, 2008....
BSE Announcements on Asian Oilfield
Posted by :
MMB Messenger
Asian Oilfield Services Ltd has informed BSE that members of the Company, by way of Postal Ballot have passed the following resolutions, with requisite majority:
1. Authorizing Board to create charge and / or mortgage on all or any assets of the Company in favour of lenders / trustees for securing borrowing under Section 293(1)(a) of the Companies Act, 1956.
2. Authorizing Board to make any loan, give guarantee or provide security/s to acquire
by way of subscription, purchase or otherwise the securities of any body corporate in excess of limit prescribed under Section 372A, upto an aggregate amount of Rs 200 Crores....
BSE Announcements on Asian Oilfield
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MMB MessengerAsian Oilfield Services Ltd has informed BSE that the 15th Annual General Meeting (AGM) of the Company was held on December 23, 2008....



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