
If I am not mistaken...coal and diamond do not exist together...it is either diamond mine or coal mine because their source of origination is different...diamonds are only found inside Kimberlite rocks.
..2 cents only...(highest 8.5 cents less 77.5%)
9 months ended Sep 2009 Net Profit (S$M)3.48
vs
9 months ended Sep 2008 Net Profit (S$M)15.45
% Change: -77.5%
A commentary at the date of the announcement of the significant trends and competitive
conditions of the industry in which the group operates and any known factors or events that
may affect the group in the next reporting period and the next 12 months.
Following the successful implementation of China’s RMB 4 trillion stimulus package, there was a
respite for the steel mills. However, the fundamental issues of falling exports, soaring imports and
concerns of oversupply remains unresolved in the steel industry.
The Group will focus on prudent cost containment measures and effective cash flow management to
prepare for the recovery in the long-run. The management has put in dedicated efforts to streamline its
operations and implement cost control measures during this current economic turndown and shall
continue to monitor its financial position closely.
This counter will not move...unless there are diamonds mixed in the coal mine. Hmmm...abterra will become diamonds extractor and exporter...price will not be 0.04 anymore...$40 at least. Wow...1000X profit...just $1000 investment can make you millionaire....

Think difficult to go up for this year as the main mine will only start contributing next month provided the facilities upgrading has been completed.
Do you like it to be 20 cents before the end of the year? Hands up.
it will worth $1.00 in 2010 feb 30 if u get to see that day.
yonghow ( Date: 02-Dec-2009 13:35) Posted:
|
i think it worth 8 cents.
It goes to show money depreciates over time.
Laulan ( Date: 02-Dec-2009 11:14) Posted:
|
Believe this share is worth more than the 6 cents you say. Last time rights offer, it was subscribed at 11 cents.
Yea, 6 cents is only 2 cents premium for a listed coke mining company, not too bad.
Hulumas ( Date: 02-Dec-2009 10:47) Posted:
|
You are too conservative, I suppose!
abc2xyz ( Date: 02-Dec-2009 10:43) Posted:
|
6 scents is always right.
SGD 0.060c is a reasonable price for Abterra.
Hulumas ( Date: 02-Dec-2009 10:26) Posted:
|
Oops! sorry, shld be q at 2.5c....
ianong ( Date: 02-Dec-2009 10:42) Posted:
|
I also q 4c but seems very strong support at 4c. Thought gd opportunity to accummulate. I still believe it's a gem waiting to shine.
freeme ( Date: 02-Dec-2009 10:13) Posted:
|
Sgd. 0.005 will be better then.
freeme ( Date: 02-Dec-2009 10:13) Posted:
|
if can drop to 2.5cts, i tink will become a gem to keep
abc2xyz ( Date: 02-Dec-2009 09:51) Posted:
|
Really, investors do not have the same taste as one another. I see price action quite bad for the counter, but fundamentally this counter is currently worth its value in net assets. Forwardwise, since we see some good improvements as seen in the analysis, one would surely not think of it as a junk, but reasonably priced, nor a gem but a counter with good potential for future growth and capital appreciation:
Financials |
|||
Date Updated 30 Nov 2009 | Financial Year | 30 Jun 2008 | |
Current Year Profit (After Tax) $'000,000 |
13.96 | Previous Year Profit (After Tax) $'000,000 |
1.022 |
Net Asset Per Share | 0.04 | Turnover $'000,000 | 70.82 |
Current Year EPS (After Interest and Tax) |
0.0 | Previous Year EPS (After Interest and Tax) |
0.0 |
PE Ratio (After Tax) | 0.0 | Times Covered | 0.0 |
Price (at update time) | 0.04 | Dividend Yield | 0.0 |
Previously the swap px of abterra is quite high rite at 0.11 for leroi's shares.. of cos leroi is also nt stupid to swap at such a high price.. investors tot wah.. if tats the case, abterra is worth more.. so pump in..
now back to reality.. so px drop
Because is junk to "Risktaker". Am I right?
abc2xyz ( Date: 02-Dec-2009 09:35) Posted:
|