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mandarj
Newbie
Joined: 11/Sep/2007
Location: India
Online Status: Offline
Posts: 14
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   Topic: Aftek - Another software play!
Posted: 15/Sep/2007 at 9:36am |
Hi..
I wanted to post this in the "Stock Synopsis" section, but I cannot start posts there.
I read in recent issue of MoneyToday about the stocks that Benjamin Graham would pick in case he were to be in india right now. Amongst other stocks there was Aftek .
AFTEK:
CMP: 62.2 (As on 31 AUg 2007)
Net Profit: 67.39 Cr
Debt-Equity ratio: 0.23
Long-Term debt: 0
P/E ratio: 7.57
I though it to be a good pick.
I would like to invite a view over this from senior members of TED forum.
Thanks
Mandar
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 15/Sep/2007 at 10:11am |
Graham wanted to buy companies that sold at less then their working capital but personallly I am not sure how much Graham would have liked to buy Aftek!!!
If low PE and being debt free was a criteria there are many other options to choose from.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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mandarj
Newbie
Joined: 11/Sep/2007
Location: India
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Posts: 14
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Posted: 15/Sep/2007 at 10:20am |
Is AFtek only a "low pe and debt free" stock ? and nothing more ?
Mandar
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kumarrvq
Senior Member
Joined: 02/Aug/2007
Location: India
Online Status: Offline
Posts: 126
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Posted: 16/Sep/2007 at 4:17pm |
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In software industry which is crowded by many look alikes i.e. doing similar type of business (offshoring, same GDM model of cost diff), I do not think Aftek is a diff story. Either we need to look at niche players or leaders.
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Thanks & Regards,
Harry
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vijinat
Senior Member
Joined: 18/Sep/2006
Location: India
Online Status: Offline
Posts: 112
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Posted: 16/Sep/2007 at 5:00pm |
[QUOTE=basant]Graham wanted to buy companies that sold at less then their working capital but personallly I am not sure how much Graham would have liked to buy Aftek!!!
If low PE and being debt free was a criteria there are many other options to choose from. [
/QUOTE]
Can u kindly indicate such other companies coming under 'other options'? Thanks.
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rapidriser
Senior Member
Joined: 18/Nov/2007
Location: India
Online Status: Offline
Posts: 966
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Posted: 28/Jun/2008 at 8:45am |
Aftek Infosys
CMP - 36
P/BV - 0.58
P/E < 4
Debt/Equity - 0.07
CAGR Sales (5 years) - 29%
Basantji! I Have been holding this share since Rs.60 levels, when I thought I was geting it cheap. But it keeps getting cheaper all the time. Is it time for cost averaging, or time to cash out.
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vijaygawde
Senior Member
Joined: 21/Mar/2008
Location: India
Online Status: Offline
Posts: 851
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Posted: 28/Jun/2008 at 9:17am |
Originally posted by mandarj
Hi..
I wanted to post this in the "Stock Synopsis" section, but I cannot start posts there.
I read in recent issue of MoneyToday about the stocks that Benjamin Graham would pick in case he were to be in india right now. Amongst other stocks there was Aftek .
AFTEK:
CMP: 62.2 (As on 31 AUg 2007)
Net Profit: 67.39 Cr
Debt-Equity ratio: 0.23
Long-Term debt: 0
P/E ratio: 7.57
I though it to be a good pick.
I would like to invite a view over this from senior members of TED forum.
Thanks
Mandar |
With the above parameters, How does TeleData Informatics look like?  CMP: 13.95
Book Value: 21.62
EPS (TTM): 18.72
Price/Bk value: 0.65
P/E: 0.75
Something more than meets the eye??
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Diversification is protection against ignorance, it makes little sense for those who know what they’re doing.
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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Posted: 29/Jun/2008 at 4:35pm |
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If there is one stock that can show a negative number on its ticker, Teledata is the one!
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