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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Post by Art365on Mar 26, 2013 11:45am

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Post# 21168696

AQN

It would be interesting to know more about AQN history. Maybe there are similarities with ATP.

AQN paid a 0.92 dividend in 2007, 0.75 in 2008 and 0.24 in 2009, so I guess it was cut from 0.23 to 0.06 beginning with the last quarterly dividend of 2008, a 74% cut. Where there lawsuits?

I read somewhere on this blog that AQN eventually fell below 2$, maybe 1.83, so the yield eventually went up to 12 or 13%. How was AQN perceived then, compared to ATP today? With such a yield, the market obviously gave a very high probability to more cuts. I wonder what would be the equivalent of a 13% yield in today's market?

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