Aftek

Biggest Disappointment Ever Seen

Posted by : vbrtc01
Price when posted : BSE: Rs 17.10 ( -3.12 % ), NSE: Rs. 17.10 ( -3.39 % )

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Something is cooking

Change in auditors last year. Why should the investors be made aware of the company branching into real estate business through the auditors. Why the company itself not disclose it?
Why is the company not coming out with the correct picture about insolvency of seekport or otherwise.
Shareholding pattern as on 30-09-08 is interesting. The share of institutions is increasing and public shareholding is decreasing.

Something very mysterious (shady?) is happening. Hope the investors still having faith in the company and management is not slaughtered
cheers...

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Biggest Disappointment Ever Seen

Posted by : fds

whats the wrong with promoters. why are they acting like dump and hiding

Request comments from Investor_fii

Posted by : Guest
Price when posted : BSE: Rs 17.20 ( -2.55 % ), NSE: Rs. 17.10 ( -3.39 % )

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What is happening in Aftek management? Why are they raising capital ?
Why are they reduced dividend?
What is the nature of restruring ?
Is it demerger of real estate,digihome and seekport ?
Demerger is definitely a positive news.I think investor_fii can through some idea about these development.
V.K Nair...

Biggest Disappointment Ever Seen

Posted by : Guest
Price when posted : BSE: Rs 16.60 ( -5.95 % ), NSE: Rs. 16.55 ( -6.50 % )

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It seems that Ranjit Dhuru`s is concentrating on wine business and most of the time ,the promoters are addicted in the wine. God will save us....

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Biggest Disappointment Ever Seen

Posted by : fds

whats the wrong with promoters. why are they acting like dump and hiding

Biggest Disappointment Ever Seen

Posted by : fds
Price when posted : BSE: Rs 16.35 ( -7.37 % ), NSE: Rs. 16.40 ( -7.34 % )

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whats the wrong with promoters. why are they acting like dump and hiding
...

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Biggest Disappointment Ever Seen

Posted by : agarwalvipin

what exactly the promotors are doing

Biggest Disappointment Ever Seen

Posted by : agarwalvipin
Price when posted : BSE: Rs 17.65 ( -1.94 % ), NSE: Rs. 17.70 ( -2.48 % )

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what exactly the promotors are doing...

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Biggest Disappointment Ever Seen

Posted by : Guest

Nothing wrong with fundamentals.The problem is promoters desire to increase stake in Aftek cheaply. Expect major announcement in the coming AGM regarding restruring and the uncertinity will over after the AGM. It is a sure bet buy at current levels.

Biggest Disappointment Ever Seen

Posted by : Guest
Price when posted : BSE: Rs 17.70 ( -1.67 % ), NSE: Rs. 17.65 ( -2.75 % )

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Nothing wrong with fundamentals.The problem is promoters desire to increase stake in Aftek cheaply. Expect major announcement in the coming AGM regarding restruring and the uncertinity will over after the AGM. It is a sure bet buy at current levels....

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Biggest Disappointment Ever Seen

Posted by : agarwalvipin

is there anything wrong with fundamentels.

Biggest Disappointment Ever Seen

Posted by : agarwalvipin
Price when posted : BSE: Rs 17.95 ( -0.28 % ), NSE: Rs. 18.00 ( -0.83 % )

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is there anything wrong with fundamentels....

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Biggest Disappointment Ever Seen

Posted by : Power-M

This is Biggest Disappointment I have ever seen with Aftek. Wrost Announcement. From the financial sheet dont see anything wrong. But with this move to hell It Seems something is terribly wrong behind the scene which is not know to us but known to Market & Traders. This is not a good sign. I think it might take more than 1 year to go above 50- 55 Levels. No Technicals, No, Support Only Free Fall. Let see what next..
Cheers... Power-M

Wine Business

Posted by : Guest
Price when posted : BSE: Rs 18.05 ( 0.28 % ), NSE: Rs. 18.00 ( -0.83 % )

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Promoters misappropriating funds of Aftek for their wine business.Because of their wine culture they are interested in cheating of public. Aftek promoters studied in the same school of DSQ,penta,Teledata,Silverline etc.,...

Vandemathiram`s opinion

Posted by : Guest
Price when posted : BSE: Rs 18.10 ( 0.56 % ), NSE: Rs. 17.90 ( -1.38 % )

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Vandemathiram`s expert opinion is required for poor investors of Aftek. What is happening in Aftek management ?...

What or who killed Aftek today

Posted by : Guest
Price when posted : BSE: Rs 18.10 ( 0.56 % ), NSE: Rs. 18.05 ( -0.55 % )

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Hi Chani,
Your expert analysis of Aftek saved many boarders from huge loss in Aftek....

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What or who killed Aftek today

Posted by : chani

it is technically weak and sell this.
Weak Negative Candidate -Short term, Oct 14, 2008 Analysis Explanation
AFTEK LTD has broken the falling trend down, which indicates an even stronger falling rate. The stock has resistance at rupee 34.00. RSI is oversold, which indicates a potential short-term reaction up. The stock is overall assessed as technically slightly negative for the short term.

chani

Biggest Disappointment Ever Seen

Posted by : SAUSHE
Price when posted : BSE: Rs 17.90 ( -0.56 % ), NSE: Rs. 18.25 ( 0.55 % )

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What are you talking about. What announcement came on 14-oct???...

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Biggest Disappointment Ever Seen

Posted by : Power-M

This is Biggest Disappointment I have ever seen with Aftek. Wrost Announcement. From the financial sheet dont see anything wrong. But with this move to hell It Seems something is terribly wrong behind the scene which is not know to us but known to Market & Traders. This is not a good sign. I think it might take more than 1 year to go above 50- 55 Levels. No Technicals, No, Support Only Free Fall. Let see what next..
Cheers... Power-M

Posted by : Guest
Price when posted : BSE: Rs 17.85 ( -0.83 % ), NSE: Rs. 17.90 ( -1.38 % )

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Only long term (minimum 2 years) investors will benefit from Aftek. Promoters will increase the stake cheaply and after that Aftek stock will perform.Mauritius based FIIS are binamies of promoters. They will support the warrant allotment for promoters....

Biggest Disappointment Ever Seen

Posted by : fds
Price when posted : BSE: Rs 17.50 ( -2.78 % ), NSE: Rs. 17.55 ( -3.31 % )

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worst is yet to come.target single digit.
surprisingly nobody talks including FIIs invested in this stock...

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Biggest Disappointment Ever Seen

Posted by : Power-M

This is Biggest Disappointment I have ever seen with Aftek. Wrost Announcement. From the financial sheet dont see anything wrong. But with this move to hell It Seems something is terribly wrong behind the scene which is not know to us but known to Market & Traders. This is not a good sign. I think it might take more than 1 year to go above 50- 55 Levels. No Technicals, No, Support Only Free Fall. Let see what next..
Cheers... Power-M

Free Free Free

Posted by : Naren
Price when posted : BSE: Rs 17.65 ( -1.94 % ), NSE: Rs. 17.75 ( -2.20 % )

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Your observation is on the spot. But that’s the way Indian market moves. No logic - only speculations. Look at some counters, they do not have any set up or business but still tread at a premium. ...

In reply to:

Free Free Free

Posted by : Guest

Current market cap of Aftek is just 50% of its cash balance in the banks.It is a great joke in the Indian corporate history.If anybody takeover Aftek with less than 200 crores will get bank deposit of 400 crores and the entire business of aftek free and the real estate valuing more than 150 crores.

Biggest Disappointment Ever Seen

Posted by : Power-M
Price when posted : BSE: Rs 18.00 ( 3.75 % ), NSE: Rs. 18.15 ( 4.31 % )

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This is Biggest Disappointment I have ever seen with Aftek. Wrost Announcement. From the financial sheet dont see anything wrong. But with this move to hell It Seems something is terribly wrong behind the scene which is not know to us but known to Market & Traders. This is not a good sign. I think it might take more than 1 year to go above 50- 55 Levels. No Technicals, No, Support Only Free Fall. Let see what next..
Cheers... Power-M...