Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
I've put ATP on the watchlist , interesting chart & a very healthy operating margin

JR
It's only just become profitable after more than four years development - pearl shell takes time to grow !! However, I bought in at an average of 31c - since then they have paid a 2c dividend in November 2001 and another 2c this April. The forecast dividend for this year is around 5c per share rising to around 7c in 2003 and a wopping 10c to 11c in 2004. I have no idea what the price will rise to but with earnings like this it must rise beyond it's present price.
There is a perceived geo-political risk but when you read more about the company I think there is less of a risk than people think.
The website is very interesting and worth looking at !!

http://www.atlaspacific.com.au/

Regards
Harmy
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.