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 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
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mandarj
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Quote mandarj Replybullet 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
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Quote basant Replybullet 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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mandarj
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Quote mandarj Replybullet 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
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Quote kumarrvq Replybullet Posted: 16/Sep/2007 at 4:17pm
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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Harry
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vijinat
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Quote vijinat Replybullet 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
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Quote rapidriser Replybullet 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
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Quote vijaygawde Replybullet 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? Wink
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??
 
 
Diversification is protection against ignorance, it makes little sense for those who know what they’re doing.
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smartcat
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Quote smartcat Replybullet Posted: 29/Jun/2008 at 4:35pm
If there is one stock that can show a negative number on its ticker, Teledata is the one!
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