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I suspect a min px of $1.50 and ranges between $1.50 to $2.50 after consolidation is possible. After all $1.50 is pre-consolidation only 6 cents and $2.50 is only 10 cents. It was trading beyond and higher than these prices during its earlier years when it was teething. Now growing up, should be providing higher price expectancy, right? Hehehe.
and not to mention....the china garment...wants to consolidate all the old and non efficent company......hehehe....this one new and up coming.......with strong backing also...and aggressive too in buying and merging........hehehe........my view only lor......( also buying into resource company out side china).....wah!
Agreed with Law, I like mining stocks for they give unpredictable gains. The news produced for those who are on lookout.
Numb liao to any newsfrom this Abt...........no matter wat news also never run above 6 cts......always .....ding donging....tooo many shares in the market....too much ppl...playing with this share.......0.05cts...is big profit..leh........ this one will run only after consolidation........left with 200plus million share........than got chance to move .....may be one day run higher than straits asia.....hehehe.....mean while i buy and kept.......hehhehehee
Strange, this news has no impact on the share price. click
potential to cheong any time soon may be
The idea of consolidation might even be cancelled like before when it tried to do a consolidation. I think if the general market remains bullish, there is no point in reverse split since it benefits the company at the present status when share price moves up resulting in better market capitalization. Unless the company requires additional funds for expansion or new projects which have been ongoing or contracted, there is no need for reverse split in a bullish market.
hawke009 ( Date: 28-Jul-2010 22:26) Posted:
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i browse their corporate website and there is no update from abterra.
shadowmoon ( Date: 28-Jul-2010 22:18) Posted:
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btw when the stock merging going to happen? Now seem still no news...
Just look at the transactions, all 14 million shares are bought from the sellers. The rest (600 lots) are sellers selling to buyers. So strong buying here noted.
Laulan ( Date: 28-Jul-2010 14:40) Posted:
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You won't forgive yourself if you didn't buy back something on this stock. It can grow. I find it is a bit underpriced. The management is ok, but only thing is that they are quite ambitious. I am holding 1000 lots now.
I believe 5.0 cents will be done today and next week we may like to see it above that.
Wah say! 4.5 cents eaten up! Lai loh!!
E-war ( Date: 15-Jul-2010 17:44) Posted:
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Also depends on how many shares she has in the mkt right? the share px.
Seem sellers queue getting shorter, probably exhausted or faked queue otherwise not much left to sell. Dangerous for short at this moment of time. For those willing to take risks, I think this is worth it buy in now since if it cannot go down, it should bounce up. What say you?
Well, you are quite right, Lau. From company's AR, the company is truly growing and within roughly 5 years, it has grown its NTA from less than SG$2 million to now SG$243 million as per 2009 AR. From a small asset based company to a large asset based ones.
I do agree with you that the share price has been subdued, don't know for whatever reason. The stock market is unpredictable and hard to understand, but I will collect some.
freeme ( Date: 12-Jul-2010 12:24) Posted:
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Please do not follow my actions.
Because the market is not that straight forward.
It can also "cheong aaarrrhhh!!! " after I have sold.
But anyway, I have already dumped it away @4 (bought @4 )
and will be queueing up @.035. 
baberic ( Date: 08-Jul-2010 12:02) Posted:
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too be safe.. jus buy?
Laulan ( Date: 12-Jul-2010 11:36) Posted:
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Abterra has gone stronger and stronger in total net assets leaping from S$1.5 million to S$245.0 in a few years, However, its share price is quite dismal <10 cents. With coming consolidation, it could be become a $1 to $2 per share in the not too distant future, provided that the end of the world predicted in 2012 is really a hoax. LOL, but even if the world ends, what is the point of money now and money before 21 Dec 2012? LOL? To be safe, just buy. LMAO.....
Let me know if you let go. I also want to follow to dump.
iPunter ( Date: 08-Jul-2010 12:00) Posted:
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