http://akprabhakar.blogspot.com/2009/12/aban-offshore-looking-weak-below-1200.html *ABAN OFFSHORE Cmp Rs.1276 looking weak below 1200 on closing basis caution advised*
http://economictimes.indiatimes.com/Engineering/Aban-Offshore-admits-it-breached-loan-contracts/articleshow/5302168.cms Aban Offshore, which along with its Singapore-based subsidiary Aban Singapore has Rs 16,635 crore of debt on its balance sheet, has admitted that it has failed to meet some of the conditions set by its bankers. *ABANOFFSHORE had raised Rs 697.50crs through private placement of shares with QIP on 17/Nov/2009 by approving the allotment of 5,697,135 shares at Rs 1,224.30 a piece.* *ABAN Singapore to list on SGX, raise $400m: Sources* Regards A.K.Prabhakar Equity Analyst [email protected] [email protected] * * http://akprabhakar.blogspot.com http://prabhakar-views.blogspot.com *Disclaimer:*** *This represents views based purely on Technical studies. The information and views presented in this report are prepared by A K Prabhakar. The information contained herein is based on my analysis of the Charts and upon sources that I consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither A K Prabhakar nor any person connected with him accepts any liability arising from the use of this information and views mentioned in this document. A K Prabhakar and his affiliates may hold long or short positions in the above-mentioned companies from time to time. The report is intended for a restricted audience and I am not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities. * -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
