ATP 2.13% 12.0¢ atlas pearls ltd

Ann: Kobe Auction Result and March Quarter Sales Update, page-14

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  1. 1,342 Posts.
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    I find the management at this company don't really "hype" things at all, if anything they tend to under-hype things tbh so I'm not too concerned from that perspective.

    From past reports their direct retail/digital channels have the highest margin I believe (despite being lower volume), so be interesting to see if they are able to divert more inventory via those seeing they're more profitable. But yeah, they've got no debt and no need to raise capital or anything, so guess they can just take their time & see what works to ensure they get the best prices.

    Kind of wish they'd throw some cash in and do a share buyback at this price if people are going to panic-sell though. Company has been undervalued for a while based on fundamentals.
 
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