Atlas Pearls Ord Shs 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

Atlas Pearls Ord Shs

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Comment by goldsternpon Mar 17, 2012 3:44pm

383 Views

Post# 19685417

RE: Going green

My impression from the announcement was that the "debt" would be held by "tax equity" investors so any change in the tax benefits would be their risk and not AT's.

On the other hand it looks like there is a big short position that equals 14 days of trading or something like 5% of the float. Either they know something we don't or they will help bring the price up with a squeeze if that happens.

On the positive side there are plenty of companies like NGG, NZT, and IDT who have a much higher payout ratio than AT.

On the negative side it looks like P/S of AT is on the high side of around 3 based on projected sales of 600 million for the year.

Any thoughts?

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