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Advanced Battery Technologies, Inc. Message Board

  • amendoza amendoza Aug 31, 2010 10:51 AM Flag

    What is needed for ABAT share price appreciation

    Now that reports of China scams are rampant, whether true or not, companies like ABAT, and other decent companies in the China small cap space, find no buyers for their stocks. It seems that 5 PE is the new normal, and some of the other companies I own have 3 and 4 PEs. What is needed here for stock price appreciation? My take: show me the money. The only way to prove that a company is not a scam is to actually pay a dividend. Scams can't do that. ABAT can, since they are very profitable and don't seem to know what to do with their cash. A 2% or 3% dividend would send their share price where it belongs, say 10-15 times earnings. Any other takes on this?

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ABAT
0.299+0.009(+3.10%)11:19 AMEDT