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BSE Announcements on Aptech
Posted by :
MMB Messenger
With reference to the earlier annoucement dated March 19, 2008 and further intimations made from time to time, giving the status update, Aptech Ltd has now informed BSE that on May 29, 2009, the Company after obtaining all the requisite approvals under various jurisdictions, has successfully completed the process of sale of its 50% equity interest in the China JV Company and has also received its 22% allotment of shares in the holding Company, Beijing Jadebird IT Education Company Ltd (BJBC).
In terms of the Definitive Agreements, Aptech India including its subsidiaries would also be entitled to receive, prior to the proposed Initial Public offering of BJBC, as much of its distributable profits as possible, subject to any legal, accounting or working capital requirements as may be determined by the Board of Directors of BJBC. In this regard, the Definitive Agreements envisages payment of a one-time special dividend, which in any event shall not be less than RMB 193 million (equivalent to approx. US$ 28 million /approx. INR 1350 million), in which share of Aptech India including its subsidiaries would be 22%....
NSE Announcements on Aptech
Posted by : MMB MessengerAptech Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Aptech
Posted by : MMB MessengerAptech Limited had informed the Exchange regarding the Postal Ballot Notice dated January 31, 2009 sent to the shareholders seeking their approval under section 372A of the Companies Act, 1956 for making investment for an amount upto Rs. 200 Crores beyond the prescribed limits, in one of its wholly owned subsidiaries, which in turn would make further investment in its subsidiary company (i.e. third tier investment). The company has now clarified that the explanatory statement which was sent along with the Postal Ballot Notice inadvertently mentioned that the name of the Company as Beida Jadebird IT Education Company Limited instead of Beijing Jadebird IT Education Company Limited in which 22% stake was proposed to be acquired by the third tier subsidiary....
BSE Announcements on Aptech
Posted by : MMB MessengerWith reference to earlier annoucement dated February 13, 2009 regarding Notice of Postal Ballot, Aptech Ltd has now informed BSE that in the explanatory statement of the said notice of Postal Ballot, inadvertently the name of the Company was mentioned as "Beida Jadebird IT Education Company Ltd" instead of "Beijing Jadebird IT Education Company Ltd" in which 22% stake was proposed to be acquired by the third tier subsidiary....
Buy or Sell @ this level
Posted by :
kiki chatterjeethanks for your advice.i rather sell at the current price than sit and wait indefinately..should make up for the loss elsewhere..any tips?...
Triggers !
Posted by : sanecounselFDI in Eduction can be a big trigger . Current market cap of 750 crores provide a margin of safety viewed against the scale of opportunity for education in India . Aptech`s focus on education for employability coupled with diverse services and product offerings offer hope . Rakesh and Damani being on the board of directors with rakesh being chairman give additional hope . The icing on the cake has been huge volume buying including buying by the vice chairman C Y PAL over last 5 days .While making price predictions is always a hazard my view is that over the next 2 years ( maximum )we might surely be looking at a 1000 rupee stock making Aptech a billion dollar company. These however are my views and please do your own due diligence ....
Buy or Sell @ this level
Posted by : kiki chatterjeei am holding 50 shares of aptech at 209/share.should i sell it at current prices?pl advice...
A big jump awaited.
Posted by :
jodaaAptech looks that it will touch Rs.175/- very shortly, major bottom at Rs.85/-. Huge qty bought by the inner circle....
Buy or Sell @ this level
Posted by : investpsychwhat your analysis says about NIIT Ltd? is it the same as Aptech or better stock for investment? ...
Buy or Sell @ this level
Posted by : investpsychThank you Bro. I have sold all stocks in the last trading session. Thanks for the suggestion and I appreciate it....
Buy or Sell @ this level
Posted by : van123
Sell 50% and book profit with TR STOP strategy, if rally continues you may get more profit. This is not a good stock, Company is running in loss, many training centres in India have been closed, and the rest centres running in poor condition, they dont have any business expansion other than computer education.
Jhunjhunwala has sold all his stake from this stock, FII activity is not impressive, you can verify the data from NSEINDIA, historical data. Better book profit and exit, fundamentals are weak and not a good stock to invest....
Audited, Cumulative, Non-Consolidated result
Posted by :
amresh_1973
Net Sales/Income from Operations 11366.00
Other Operating Income 277.00
Increase/Decrease in Stock in trade and work in progress -
Consumption of Raw Materials -
Purchase of traded goods -
Employees Cost 2588.00
Depreciation 1307.00
Other Expenditure 7537.00
Total Expenditure 11432.00
Profit from Operations before Other Income, Interest & Exceptional Items 211.00
Other Income 14.00
Profit before Interest & Exceptional Items 225.00
Interest 4.00
Profit after Interest but before Exceptional Items 221.00
Exceptional items 1879.00
Profit(+)/Loss(-) from Ordinary Activities before tax -1658.00
Tax Expense -2133.00
Net Profit(+)/Loss(-) from Ordinary Activities after tax 475.00
Extraordinary Items -
Net Profit (+) / Loss (-) for the period 475.00
Dividend (%) -
Face Value (in Rs.) 10.00
Paid-up Equity Share Capital 4650.00
Reserves excluding Revaluation Reserves 11726.00
Basic EPS before Extraordinary items (in Rs.) 1.04
Diluted EPS before Extraordinary items (in Rs.) 1.03
Basic EPS after Extraordinary items (in Rs.) 1.04
Diluted EPS after Extraordinary items (in Rs.) 1.03
Public Shareholding (Number of Shares) 29980910.00
Public Shareholding (%) 64.47
Notes To Accounts
Segment Reporting (Rs.lakhs)
TOTAL REVENUE
CASH&EQUIV 0.00
INV&ADVSUB 0.00
UNALLOCATE 0.00
OTHERS 169.00
RETAIL 8864.00
INSTITUTAL 2609.00
Total 11642.00
Less:
Inter Segment Revenue
0.00
Net Sales/Inc. from Ops. 11642.00
RESULTS
INV&ADVSUB 0.00
INSTITUTAL -1516.00
CASH&EQUIV 0.00
UNALLOCATE 0.00
RETAIL 2342.00
OTHERS -2480.00
Total -1654.00
Less:
Interest
Other un-allocable
expenditure net off
un-allocable income
4.00
0.00
Total Profit Before Tax -1658.00
CAPITAL EMPLOYED
RETAIL 1952.00
UNALLOCATE 3271.00
INSTITUTAL 2076.00
CASH&EQUIV 3042.00
OTHERS 0.00
INV&ADVSUB 5739.00
Total 16080.00...
Aptech for you
Posted by : GuestPlease make a note of the insider trading disclosure for Aptech . You will be happy. ...
Aptech is always buy at this level and below it
Posted by : Guestaptech at this level is to be bought.It is also buy at every dip.Buy it and hold.When it runs nobody can match or catch it....
Buy or Sell @ this level
Posted by : GuestThe company belongs to RJ.Do not trade him. Be with him. ...
