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Asia Bio-Chem Group Corporation ABCXF

Consumer Defensive Farm Products


GREY:ABCXF - Post by User

Asia Bio-Chem Group Corporation > Second Quarter Results
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Comment by thediggeron Sep 06, 2014 12:43pm
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Post# 22912614

RE:RE:Second Quarter Results

RE:RE:Second Quarter ResultsMy main reason is just to give some hope to readers of this board.  The corn starch price increase was the only good news to share with you.  Now that ABC is back in a profitable sector, they just need to reopen their facilities to make some cash.  In my opinion, telling you that ABC is 10% more profitable than in April (only because of Starch price increase, 20%, versus corn price increase, 10%), is not a waste of time.  For sure, to be profitable, they must reopen their plants.  And with their new partner, the reopening will probably occur pretty soon.
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