OTCDD

[xxrayeyes]

I found this one on a screen a couple of days ago and thought I'd share it. It is trading at $1.20 with three month average volume of 8K. But the ten day average volume is 26K so volume is rising. They have $3.04 per share in cash, and book value is $6.15. The debt to equity ratio is only .14. They did recently eliminate their dividend so caution is in order. It does look like support at current levels is trying to hold.

Business Summary
APT Satellite Holdings Limited is a provider of satellite services throughout the People's Republic of China (PRC) and elsewhere in the Asia-Pacific region, through its subsidiary, APT Satellite Company Limited (APT). The Company's customers include many international broadcasters (including Disney, HBO, Sony Pictures Entertainment, Hallmark Entertainment, Galaxy, MCI Worldcom and Viacom), as well as prominent PRC, Taiwan and Hong Kong broadcasters (including CCTV, China Entertainment, One Leader and Po Hsin). The Company also provides telecommunications services to, among others, the China Telecom Corp. and China United Telecommunications Corp. (Unicom), the two main telecommunication service providers in China.

Company Profile
http://biz.yahoo.com/p/a/ats.html

MSN Company Report
http://moneycentral.msn.com/investor/research/profile.asp?Symbol=ats

Zacks Report
http://my.zacks.com/reports/reports.php3?ticker=ATS&type=100

Company IR Website
http://www.apstar.com/frame4.html