ATP 4.76% 11.0¢ atlas pearls ltd

ATP - General Discussion, page-2

  1. 3,996 Posts.
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    Thanks to @Pedrogets, we have the biddingsheet for Oct 22 auction*.
    According to my calculation, they were aiming to sell around 82,000 pearls at that auction.
    It represented around 45 % of their sales target for Q2 23 (180,000 pearls).

    I think that's a significant information, as it shows that the last auction figure (Sept 23) was probably just a limited piece of the number of pearls they sold during the quarter. It tends to confirm that the volume of sales for Q1 24 may have been comparable to Q1 23**.
    So, it means that Q1 24 revenues have probably increased in line with the price increase.

    * cf thread "Morningstar-10 cents valuation". Pedrogets post on 2/2/23.
    ** reminder : they sold around 72,000 pearls during Sept 23 auction vs 147,000 pearls sold during Q1 23.
    Last edited by saintex: 20/10/23
 
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