Aban Offshore

Ammaa Ji, this is Aban.... Beta and Beta Gain...

Posted by : suunilpandey
Price when posted : BSE: Rs 1259.60 ( -2.35 % ), NSE: Rs. 1249.70 ( -3.17 % )

What happen to your black Aban Sir?...

Heading

Posted by : suunilpandey
Price when posted : BSE: Rs 1274.90 ( -1.16 % ), NSE: Rs. 1281.00 ( -0.74 % )

Aban is still struggling, I dont think Aban will maintain 1400 INR up level. if any good official news will come then may be it will move up. I will always predict to smaller investment to avoid this stock. It is big Junk for portfolio and only owners & supporter of Aban enjoying to grab money from smaller investor. ...

Heading

Posted by : ipsearch
Price when posted : BSE: Rs 1289.90 ( 0.82 % ), NSE: Rs. 1290.60 ( 0.75 % )

Hi,

Its bit strange, but even when market is heading for 5000, Aban seems to have slowed down. I was expecting it to rise much more then its closed too. It was finding difficult to even cross 1300. Any views or the stocks has been revalued taking debt of Aban + QIP withdran into consideration.

Cheeers...

Heading

Posted by : mukund_India
Price when posted : BSE: Rs 1289.90 ( 0.82 % ), NSE: Rs. 1290.60 ( 0.75 % )

Thanks To Market buying, due to huge buying in market only ABAN could come to 1290, otherwise we would seen the ABAN at 1240 level

ABAN was very weak today, but due to market support only it came up and I feel that tommorow no will save ABAN. Except if positive news comes from ABAN officials

...

Heading

Posted by : tara23
Price when posted : BSE: Rs 1279.35 ( 2.83 % ), NSE: Rs. 1280.95 ( 2.95 % )

may be at 1350 levels......

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Posted by : NAUGHTY007
Price when posted : BSE: Rs 1279.35 ( 2.83 % ), NSE: Rs. 1280.95 ( 2.95 % )

what is the next week hope...

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Posted by : jalunm
Price when posted : BSE: Rs 1279.35 ( 2.83 % ), NSE: Rs. 1280.95 ( 2.95 % )

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willl shoot up

Posted by : sabret00the
Price when posted : BSE: Rs 1279.35 ( 2.83 % ), NSE: Rs. 1280.95 ( 2.95 % )

Very true and I agree with your point. ...

Rig Details

Posted by : rono28us
Price when posted : BSE: Rs 1279.35 ( 2.83 % ), NSE: Rs. 1280.95 ( 2.95 % )

Dear Friends,
It is good to note that ABAN is deploying 2 rigs by Dec. It would certainly act as a trigger for the price to go up. Could someone inform the source of the information?...

Aban in deal to deploy 2 rigs by Dec

Posted by : prabi
Price when posted : BSE: Rs 1271.00 ( 2.16 % ), NSE: Rs. 1280.75 ( 2.94 % )

Mumbai: Aban Offshore has confirmed that it has contracted two of three idle rigs at $120,000 per day, and they will be deployed by December first week.

A source close to the development said the management will not sell any of the rigs -- as reported in media -- saying it is still aggressively marketing the third one.

"The rigs will not be deployed in the Middle-East ... more like in North America," the source said.

The rigs (Aban VII, Deep Driller 1 and Deep Driller 6) are a part of the company`s seven rigs that were lying idle for the past few months. Aban was able to deploy four of these on long-term contracts four months ago.

Crude prices have doubled in the last six months from $40 per barrel to nearly $80, making it lucrative for oil exploration companies to rent rigs.

Kunal Lakhan, analyst with broking house K R Choksey Shares and Securities had earlier told DNA Money at $70-75 per barrel, it becomes affordable for oil companies to get into exploration and production activities.

By Neha Rishi / DNA
...

willl shoot up

Posted by : suunilpandey
Price when posted : BSE: Rs 1301.25 ( 4.59 % ), NSE: Rs. 1302.00 ( 4.65 % )

Dear Aamaa,

This type of wording we also heared in 2 years back when aban was trading more than 2000, then suddenly what happen Sir?
...

willl shoot up

Posted by : suunilpandey
Price when posted : BSE: Rs 1295.70 ( 4.15 % ), NSE: Rs. 1298.00 ( 4.32 % )

I dont think so, market already passed from lot of correction and From USA we are getting some good news, so I hope Nifty will move updward.

But if we are seeing risk factor & lot of invester also weired to invest in Aban, because if we see the price graph with in 2 years, Aban could not perform well. you all must remember when any one purchase Aban (2 years before) at 2500 above.Till this date he could not get his refund back, WE know VERY WELL lot of blue chip & mid cap companies had given his 52 week high, but Aban is still left 20% to achieve 1680 and 50% dip from 1 & half years.

I am not mentioning to any one or intraday guy. we are investor and we look forward to get well refund of our money. ...

willl shoot up

Posted by : aamaadmi
Price when posted : BSE: Rs 1289.00 ( 3.61 % ), NSE: Rs. 1291.70 ( 3.82 % )

oh,,,yaah,
i also doubt,whether one is able to buy below 1300 from today,,,

its ABAN,no more correction,,,,i think,

tell me one reason Aban will have to correct now,,,
aban will straight jump to 1555 first without any arguments,,,,then we can discuss,,whether it will sustain or not.....

willl shoot up

Posted by : sabret00the
Price when posted : BSE: Rs 1280.25 ( 2.91 % ), NSE: Rs. 1287.00 ( 3.44 % )

I doubt if it`s gonna go up any time soon. It`s gonna fall first since Nifty is gonna fall today in the closing hours. I think Market is going to be flat during the next week (atleast the 1st part of next week) and my idea is Aban is going to see some more correction. This level is hard to sustain. But in the long term Aban will surely see in excess of 2000 obviously if Nifty goes beyond 5500 points....

willl shoot up

Posted by : aamaadmi
Price when posted : BSE: Rs 1276.00 ( 2.56 % ), NSE: Rs. 1279.40 ( 2.83 % )

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