Abterra   

Any comment for ABTERRA?

How come this topic no activities these few days?

Any possibilities for it to go above 0.045 or not?

 

CEO need not collect as he already has a very huge stake, direct or indirect.

risktaker      ( Date: 11-Nov-2009 15:23) Posted: check insider trade if this is collected by the CEO :P abc2xyz      ( Date: 11-Nov-2009 15:15) Posted: Wah piang, and happy, I am going to be rich soon when this baby really "easily fly" as I predicted.

 

check insider trade if this is collected by the CEO :P

abc2xyz      ( Date: 11-Nov-2009 15:15) Posted: Wah piang, and happy, I am going to be rich soon when this baby really "easily fly" as I predicted.

 

Wah piang, and happy, I am going to be rich soon when this baby really "easily fly" as I predicted.

 

i hope this is not pump and dump trap set up by BB. Good luck

 

Today morning session, no one dared to sell and no one dared to buy, so deadheat.  Maybe the buyers waiting for you to throw, or maybe the sellers feel it is too cheap to throw to the buyers who think they can wait for a better price.  What is the meaning of this zero action??

 

Market on the way up.  This counter easily fly and those caught short will definitely be shot by the wave up.

 

Mining coal in china is not simple...and subjected to numerous regulations, industrial practices and international scrutiny...because of the labours and hazards involved...the profit margin is a big question. As the world is pushing for greener and greener environment...more controls may be required on the mining processes...which may have an impact on the profit margin again...unless there is another usage for coal which is pollution free. As the global direction is heading towards solar and clean energy......coal may not be in demand...resulting in diminishing R&D interests in this area...which may end the usage of coal in household rather than the industries.

 

 

 

 

sorry i dont do contra :) i was planning to pump more before one of my friend advice me on abterra. I am saved by him lost around 1 cent is ok.my actual holding was more than 1500 lots at that time.

i780samsung      ( Date: 10-Nov-2009 11:29) Posted: i was curious to know why this coy has so negative tone to abterra. i checked his old posts; it is funny to see his strong support turned negative after the lost, and now keep asking people to sell and sell repeating again and again. I believe at that time you expected a big profit by collecting huge lots and then contra, but it turned out you did not make it. now i understand, i a sorry for you. later i just need to ignore your posts. i780samsung      ( Date: 10-Nov-2009 11:21) Posted: below is your old post, before you lost ..., i believe you really hate abterra, since lost huge...no wonder of your dozens negative messages

 

i was curious to know why this coy has so negative tone to abterra. i checked his old posts; it is funny to see his strong support turned negative after the lost, and now keep asking people to sell and sell repeating again and again. I believe at that time you expected a big profit by collecting huge lots and then contra, but it turned out you did not make it. now i understand, i a sorry for you. later i just need to ignore your posts.

i780samsung      ( Date: 10-Nov-2009 11:21) Posted: below is your old post, before you lost ..., i believe you really hate abterra, since lost huge...no wonder of your dozens negative messages risktaker      ( Date: 18-Aug-2009 16:18) Posted: well. Reason why i am holding 1500 lots of abterra is because of coy direction. They wont be buying another mine if they are doing bad :) It will break 0.10 -- 100%

 

i have long ago throw all out @ 0.055 & 0.050 and i have stated in this thread. As i found out and learn from the hard way this coy is kinda of empty shell inside. 

I am constantly looking at Abterra to see if this coy has potential as i previously thought and what i found out is NO. Look through its report again and again ... too much questions and doubts.

i780samsung      ( Date: 10-Nov-2009 11:21) Posted: below is your old post, before you lost ..., i believe you really hate abterra, since lost huge...no wonder of your dozens negative messages risktaker      ( Date: 18-Aug-2009 16:18) Posted: well. Reason why i am holding 1500 lots of abterra is because of coy direction. They wont be buying another mine if they are doing bad :) It will break 0.10 -- 100%

 

below is your old post, before you lost ..., i believe you really hate abterra, since lost huge...no wonder of your dozens negative messages

risktaker      ( Date: 18-Aug-2009 16:18) Posted: well. Reason why i am holding 1500 lots of abterra is because of coy direction. They wont be buying another mine if they are doing bad :) It will break 0.10 -- 100% edskh78      ( Date: 18-Aug-2009 16:13) Posted: Come on BB, prove Ah Gong wrong......

 

Sure, if you compare to the last year. However they are making progress from the first, to the second, and now to the third quarter of this year. If you compare to last year ofcourse since the coal price dropped sharply last year, but now it gets its momentum back. The price and demand are increasing.

risktaker      ( Date: 09-Nov-2009 11:29) Posted: Guys let me help you to disolve the results alittle. Bad) trade for iron ore declined 97% Bad)trade in coke and coal decreased 43% Good)trading activities in other products such as non-ferrous metals increased 15% Overall Bad) Group recorded a 78% decline in profit after tax Trade receivables of the Group decreased 44% from S$125.1 million at 31 December 2008 to S$70.2 million at 30 September 2009. Cash and bank balances were lower at S$1.3 million a decrease of S$45.5 million from S$46.8 million. Total Assets went down from 419,512 to 293,924 fundamental issues including falling exports, soaring imports and concerns of oversupply, remain unresolved in the steel industry. We never see any income statement from their acquire mines. I will suggest you get out this share. BOSAYOR though I think we will see $0.03 cents soon Zelphon      ( Date: 09-Nov-2009 00:11) Posted: RESULTS OUT !!!!   Pls go SGX website to look at latest results... "Abterra reports profitability with net income of S$3.3 million in 9M09" The biz is still profitable and NAV is SGD 0.041... Now is a gd time to load....

 

please go sgx and check under insider trade. Who is buying Abterra. I am afraid people are blind by its media publishing and get caught. But one still have to do its own assessment about this baby. So read carefully its Q3 results and ask yourself questions. Too many unanswered questions my friend too many doubts on the future of the company. It is in a very competitive environment. I am fairly confident to tell you one thing its acquire mine has not even started operations or failed to generate profit.

equator2010      ( Date: 10-Nov-2009 08:43) Posted: quite a number of insinuations listed. Will help if you can substantiate sources for your statements. I'm sure fellow forumners would appreciate knowing if your statements are dependable or rumours or gut feel. Or do you have access to insider information? I was trying to look for updated information sources and came across  this article which provides a glimpse into Abterra's strategy and time horizon for realising the value and returns on its investments: http://www.nextinsight.com.sg/content/view/1183/60/ anyone with more updated info & rational evidence-based views , please share.

 

quite a number of insinuations listed. Will help if you can substantiate sources for your statements. I'm sure fellow forumners would appreciate knowing if your statements are dependable or rumours or gut feel. Or do you have access to insider information?


I was trying to look for updated information sources and came across  this article which provides a glimpse into Abterra's strategy and time horizon for realising the value and returns on its investments: http://www.nextinsight.com.sg/content/view/1183/60/

anyone with more updated info & rational evidence-based views , please share.

 

FYI, recent support is the CEO itself. Seems like BB already dump this baby.

 

why i am concern because the trade recieveable it is on a decrease that means people pay back money to the abterra but the cash balance didnt increase instead it went down decreased. It is making some profit but the cash balance went down $1.3 million.

Somemore Acquiring Mines should reflected on Assets ..... their Assets are not really encouraging. 

risktaker      ( Date: 09-Nov-2009 11:29) Posted: Guys let me help you to disolve the results alittle. Bad) trade for iron ore declined 97% Bad)trade in coke and coal decreased 43% Good)trading activities in other products such as non-ferrous metals increased 15% Overall Bad) Group recorded a 78% decline in profit after tax Trade receivables of the Group decreased 44% from S$125.1 million at 31 December 2008 to S$70.2 million at 30 September 2009. Cash and bank balances were lower at S$1.3 million a decrease of S$45.5 million from S$46.8 million. Total Assets went down from 419,512 to 293,924 fundamental issues including falling exports, soaring imports and concerns of oversupply, remain unresolved in the steel industry. We never see any income statement from their acquire mines. I will suggest you get out this share. BOSAYOR though I think we will see $0.03 cents soon Zelphon      ( Date: 09-Nov-2009 00:11) Posted: RESULTS OUT !!!!   Pls go SGX website to look at latest results... "Abterra reports profitability with net income of S$3.3 million in 9M09" The biz is still profitable and NAV is SGD 0.041... Now is a gd time to load....

 

..if we look at last qtr result it a profit of 204k.....but forthis qtr profit is 1.6million...is it not a improvement....hhehehe.....sometime we do not really know wat is on their mind....sometime they reports this as a 784% in profit  QTR to QTR  improvement.......hehehe.....

 

lol i mean to say digest :)

risktaker      ( Date: 09-Nov-2009 11:29) Posted: Guys let me help you to disolve the results alittle. Bad) trade for iron ore declined 97% Bad)trade in coke and coal decreased 43% Good)trading activities in other products such as non-ferrous metals increased 15% Overall Bad) Group recorded a 78% decline in profit after tax Trade receivables of the Group decreased 44% from S$125.1 million at 31 December 2008 to S$70.2 million at 30 September 2009. Cash and bank balances were lower at S$1.3 million a decrease of S$45.5 million from S$46.8 million. Total Assets went down from 419,512 to 293,924 fundamental issues including falling exports, soaring imports and concerns of oversupply, remain unresolved in the steel industry. We never see any income statement from their acquire mines. I will suggest you get out this share. BOSAYOR though I think we will see $0.03 cents soon Zelphon      ( Date: 09-Nov-2009 00:11) Posted: RESULTS OUT !!!!   Pls go SGX website to look at latest results... "Abterra reports profitability with net income of S$3.3 million in 9M09" The biz is still profitable and NAV is SGD 0.041... Now is a gd time to load....

 

Guys let me help you to disolve the results alittle.

Bad) trade for iron ore declined 97%

Bad)trade in coke and coal decreased 43%

Good)trading activities in other products such as non-ferrous metals increased 15%

Overall Bad) Group recorded a 78% decline in profit after tax

Trade receivables of the Group decreased 44% from S$125.1 million at 31 December 2008 to S$70.2 million at 30 September 2009.

Cash and bank balances were lower at S$1.3 million a decrease of S$45.5 million from S$46.8 million.

Total Assets went down from 419,512 to 293,924

fundamental issues including falling exports, soaring imports and concerns of oversupply, remain unresolved in the steel industry. We never see any income statement from their acquire mines. I will suggest you get out this share. BOSAYOR though

I think we will see $0.03 cents soon

Zelphon      ( Date: 09-Nov-2009 00:11) Posted: RESULTS OUT !!!!   Pls go SGX website to look at latest results... "Abterra reports profitability with net income of S$3.3 million in 9M09" The biz is still profitable and NAV is SGD 0.041... Now is a gd time to load....