Asia Broadband Inc (AABB)

[Davis_Elite]

AABB – Asia Metals Publishes $0.24 PPS Peer Valuation Analysis

Las Vegas, NV -- September 13, 2019 -- InvestorsHub NewsWire -- Asia Broadband Inc. (OTC : AABB), today published the peer valuation indicating a speculative price-per-share value of AABB stock of $0.24 over the next twelve months. The peer valuation is part of a comprehensive research analyst report published yesterday by Goldman Small Cap Research. See table below:

AABB has reported over $2 million in gross profit through the first six months of 2019 and is anticipating achieving $6 million in gross profit through the end of 2019. Asia Broadband Inc., through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets with a particular focus on Gold. AABB has recently begun expanding an existing shallow gold vein operation. The research report published yesterday speculates that AABB can support a $0.24 PPS over the next twelve months based on peer valuations and reach a $0.09 PPS over the next 4 to 6 months.

Investment Highlights:
Generates meaningful revenue growing organically and through acquisitions.
Poised to emerge as one of industry’s fastest growing junior resource companies.
Mgmt seeks to replicate its current model with 2 new acquisitions by year-end.
Emphasis on shallow mines with a history of production and known vein structures.
Existing sales networks in Asia where it sells physical supply to accommodate a strong appetite for its product, thus generating major gross profit (revenue).
High operating and net profit margins.
High cash/low debt position.
Forecasting $6M in gross profit in 2019 and we could see a 4x – 5x rise in 2020

To review the full AABB Research Analyst Report visit Goldman Small Cap Research.


Contact the Company at:

Email: [e-mail]
Website: www.asiametalsinc.com
Phone: [phone]
Cervitude Intelligent Relations
Nicholas Coriano