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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

Bullboard Posts
Post by SHUMBAon Mar 07, 2013 8:47pm
437 Views
Post# 21097201

closed today only 16¢ from the 52 week low

closed today only 16¢ from the 52 week lowThis is not looking very good. At today's closing price of $5.70 the yield would be 7%.With the potential of a further reduction in the dividend, I feel ATP is still over valued. The SP should fall to the four dollar fifty range. Don't get in a hurry to buy...someone mentioned "falling knife"...don't get burned...Best....SHUMBA>
Bullboard Posts