Wednesday, January 31, 2007 6:52:41 AM
ABAT.OB ($0.68) forecast w/ fixed chart..
ABAT makes batteries. They have 1260 employees in China. With 200%+ growth in the last year I have decided to get jiggy and chart what ABAT could do with just 50% or 110% growth over the next year. The big "if" is if their largest customer will pay up on the huge accounts receivable that is looming. They give them 120 days to pay to attract business. Their CEO says he will lend the company any money needed in cashflow to pull this off. Insiders own a very large share of the company.
Their current manufacturing facility scales to $40M annually. They are forecasting gross margin to increase as new efficiencies in manufacturing processes and materials are found. I took a small posiition in this one.
ABAT makes batteries. They have 1260 employees in China. With 200%+ growth in the last year I have decided to get jiggy and chart what ABAT could do with just 50% or 110% growth over the next year. The big "if" is if their largest customer will pay up on the huge accounts receivable that is looming. They give them 120 days to pay to attract business. Their CEO says he will lend the company any money needed in cashflow to pull this off. Insiders own a very large share of the company.
Their current manufacturing facility scales to $40M annually. They are forecasting gross margin to increase as new efficiencies in manufacturing processes and materials are found. I took a small posiition in this one.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
