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Shares will be out of T group on 20.11.2009 (refer BSE website). Hope now the price rises....
In near term the stock may rise to 75-78. But wait for its next quarter results. The Directors has to do something to improve the sales & net profit is the stock price has to move above that. They may have to do something extra.......
BSE Announcements on Asian Oilfield
Posted by :
MMB MessengerAsian Oilfield Services Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 12, 2009 to December 18, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on December 18, 2009. ...
Competitive positioning of Asian Oilfield:
The Indian seismic services industry is marked by only three large-scale
third party service providers. Asian Oilfield provides a rich seismic
services portfolio, which enables it to closely integrate with the success
of its E&P customers. This represents the most significant edge in an
industry characterised by strong entry barriers like experience, integrated
project management expertise and a scalable capital asset pool. A large and
growing opportunity base on the one hand, and high entry fencing on the
other, translates into the business flowing to incumbents.
Asian Oilfield enjoys a strongly competitive position in this exciting
business landscape.
* Its investment in Ensearch is a positive step to enhance global footprint
and bid for projects abroad, which are typically large in volume and
margins-accretive. Ensearch possesses 10 strategic blocks across the world,
with a combined net acreage of 40,000 sq. km (excluding the newly acquired
blocks).
* It demonstrated capabilities in managing complex 2D and 3D projects,
leveraging this understanding to bid for more such ventures. Typically, 3D
projects are much larger in volume and cost efficient by achieving
economies of scale.
* Its rich intellectual asset pool provides technical competence and
execution skills. The Company seeks to enhance its human resource through
training initiatives and recruitment of industry experts.
...
The results are not very encouraging but still buying coontinues?? what may be the reasons ?? are FII s interested in this stock?? there is something for future....
can anyone highlight on the future of this script...
The figures shown in the quarterly results are very surprising??? can anyone tell about this script??? whats the future??
I am holding 100 @ 180...
no i haven`t ...
Dear bkm r u new to the discussion. Deep industries was compared with asian oil in some previous comments. please see the previous mails & mind your language, or you can get under the scanner. have u read the code of conduct.....
Dear all, you are getting confused. the target given was for Deep industries & not asian oil....
wize_baba, then why u posted ur message in this counter in an idiotic way......
Dear asvidesh. The target was for Deep Indust.. & not Asian oil... ...
Yes, it is quite surprising that the sales shown in the results is almost nil. the expenditure has also reduced, what is the future of this company??? can anyone tell??? it has a foreign holding of 17.66%, public owns 51% & rest by corporate holdings & promoters....
Money Baba do not give exorbitant targets baba....
The company has had no sales therefore a loss posted. Would anyone have an idea why has there been no sales ? Otherwise valuations prior to the quarter looked very good though now fundamentals look questionable ?
...
