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Asia Bio-Chem Group Corp. (TSX:ABC)

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Last Post: 9/26/2010 6:38:30 PM - Followers: 0 - Board type: Free - Posts Today: 0

ASIA BIO-CHEM GROUP CO. LTD. (TSE:ABC or ABC-TO) 

 

 

http://asiabiochem.com/

 

 

 

                                                                                 

 

Company Information:

130 Adelaide Street West Suite 2105
Toronto
, Ontario
Canada M5H 3P5

Tel: (416) 603-7500
E-Mail (General Inquiries):
info@asiabiochem.com

Asia Bio-Chem Group Co. Ltd. (“Asia Bio-Chem” or the “Company”), through its wholly-owned subsidiaries is a leading manufacturer in China of corn starch and related byproducts.  The Company produces corn starch, corn germ, gluten and fibre per year for the Chinese domestic market, which has been experiencing robust demand for agriculture products.

Cornstarch is used in the manufacturing of hundreds of food products including MSG, fructose, maltose, glucose, dextrin, citric acid and lysine.  Cornstarch is also used to produce sugar alcohols such as sorbitol and mannitol and is used to produce a wide variety of modified starch products for the pharmaceutical and fine chemical industries.  The cornstarch manufacturing process produces three by-products: corn germ, gluten and fiber.  Corn germ is used by the Company’s customers to produce corn oil used for cooking or in producing margarine.  The gluten and fiber products manufactured by the Company are used by livestock farmers as animal feed.

In September, 2008 Asia Bio-Chem purchased Daqing Biochemical Company Ltd. a company located in Helongjiang Province.  Daqing Bio owns a partially completed corn processing which, upon completion, is expected to add 600,000 tonnes of processing capacity which will triple the Company’s current capacity to produce cornstarch and related by-products.

For the nine-month period ending September 30, 2008, Asia Bio-Chem’s revenues and pre-tax operating income were $62.8 million and $9.8 million, respectively.

 

 

 

Management:   http://asiabiochem.com/index.php/about/management

 

 

Recent Events:   http://asiabiochem.com/index.php/recent-events

 

 

Recent News:   http://cxa.marketwatch.com/TSX/en/Market/news.aspx?symb=ABC&sid=3266460

 

http://asiabiochem.com/index.php/news

 

 

 

Financials:    http://tmx.quotemedia.com/financials.php?qm_symbol=ABC

 

 

Links of importance for those that trade Canadian stocks:

 

Sedar   http://www.sedar.com/homepage_en.htm

 

TMX.  http://www.tmx.com/

 

TMXmoney   http://www.tmxmoney.com/en/index.html

 

CNW Group Newswire   http://www.cnxmarketlink.com/en/index.cgi

 

Canadian Insider 

http://canadianinsider.com/coReport/allTransactions.php?ticker=sss


Currency Converter:  http://www.bankofcanada.ca/en/rates/converter.html


 

Investor Relations:

Robert Wilson  robert.wilson@asiabiochem.com

 

 

CHART is for Canadian ticker.  Remember to adjust for exchange rate.
Currency Converter:  http://www.bankofcanada.ca/en/rates/converter.html

 

 

 

 

 

All messages, including iBox content, are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.

 

Please keep your posts on topic because your message(s) will probably be deleted when:
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* Posting statements that don't add value to the discussion; or
* When you violate any other posting term of the iHub User Agreement: http://investorshub.advfn.com/boards/complex_terms.asp

 

 

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#17   ABC.TO chart... uplisted. KarinCA 09/26/10 06:38:30 PM
#16   Thanks..it is from the top of Heavenly Ski HoosierHoagie 06/17/10 05:47:39 PM
#15   That is a truly gorgeous photo. ;) KarinCA 06/17/10 05:45:42 PM
#14   Cool...fingers crossed..:-) HoosierHoagie 06/17/10 05:44:06 PM
#13   This one looks like it may be turning KarinCA 06/17/10 05:41:14 PM
#12   And to you as well...watching another one close HoosierHoagie 06/17/10 09:47:02 AM
#11   Good morning back at you. KarinCA 06/17/10 09:44:38 AM
#10   Good Morning Karin HoosierHoagie 06/17/10 07:10:56 AM
#9   TSX:ABC chart... Wish this had a bit KarinCA 06/17/10 02:34:34 AM
#8   I think it's trying to go up here...we'll see... KarinCA 05/19/10 04:53:06 AM
#7   it got deleted for some reason, not sure why, eveningshade 05/13/10 05:13:25 AM
#6   Thanks for posting that... ;) KarinCA 05/12/10 02:17:41 PM
#4   LOL It seems like that happens often..LOL HoosierHoagie 05/11/10 05:00:43 AM
#3   It's an interesting company. ;) KarinCA 05/11/10 04:58:39 AM
#2   Good Morning Karin...interesting stock..I will have to take HoosierHoagie 05/11/10 04:55:05 AM
#1   (TSXV: ABC) ) today announced that it will KarinCA 05/11/10 03:28:18 AM
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