Value Microcaps Motherboard

[worthylion]

APWC--High volume today. Someone may have finally noticed that their publicly traded 51% owned Thai sub, Charoong Thai (symbol:CTW on Thailand exchange) has been on a tear recently to hit a new high over 17 on huge volume. APWC's share of CTW's market cap equates to over $8 per APWC share compared to its current $4.15 price. Buyers of CTW can get it so much cheaper by buying APWC and get APWC's operations in China, Singapore and Australia as a bonus. These other operations have traditionally accounted for 40% + of APWC's revenues. CTW will announce Q4 earnings by the end of February which, because they're consolidated into APWC's financials, will give very good visibility into APWC's Q4 results. Based on the way CTW has been trading,the whispers must be that the numbers are good.