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Atlas Pearls Ltd T.ATP


Primary Symbol: APCFF

Atlas Pearls Limited is an Australia-based pearling business company. The Company is a producer of South Sea pearls, specializing in white and silver pearls. The Company operates approximately seven pearl farms throughout the Indonesian archipelago, from the national park lands of Banyu Biru to Flores, and as far east as West Papua. The Company is a fully integrated business including hatchery, seeding, harvesting, grading, trading, design and manufacturing capabilities to sell directly to customers through wholesale partners and via its retail outlets. The Company provides a range of products, such as DOUBLE PEARL BRACELET, CAGE PENDANT, KESHI STUDS, VINE RING, SIMPLE SHEPHERD HOOK EARRINGS, TOP HAT PENDANT, SICKLE PEARL RING, NEOPRENE PEARL BRACELET, FLAT BUTTON STUDS, BUBBLED RING, NEOPRENE PEARL BRACELET, FIXED PENDANT, FILAGREE CUP STUD, FLOWER FILAGREE PENDANT, PAVED DIAMOND PENDANT, OPEN PETAL RING, SIMPLE SHEPHERD HOOK EARRINGS and CAGE PENDANT.


OTCPK:APCFF - Post by User

Bullboard Posts
Comment by thomas35on Dec 18, 2010 2:25pm
240 Views
Post# 17866348

RE: RE: RE: Atlantic Power write up

RE: RE: RE: Atlantic Power write upAvenir is presently paying out
.06 per month as a trust. Starting in January they will be paying a monthly dividend of
.045 as a corporation for a yield of 8.75%. that is a payout of 60% of available funds vs ATP payout of 100% funds for the next 2 years. ATP can't possibly raise their dividend in the near future years.

As for $20.00 a share price for ATP in the next year I don't think so. Sure hope I am wrong!!! LOL.

The main reason for me selling some ATP is I have too much of my money in this stock and want to diversify.
Bullboard Posts