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Asia Bio-Chem Group Corp C.ABC

Sector: Consumer Defensive | Sub-Sector: Farm Products

Asia Bio-Chem Group Corp through its subsidiaries is engaged in the manufacturing, packaging and sale of corn starch, germ, fibre and gluten manufactured from raw corn using various chemical processes.
Price: $0.01 | Change: $0.00 | %Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.03/0.005
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0 stars

A subsidy for Asia Biochem?

Pay attention to the next Q1 report. ABC could announce that they are entitled to a important subsidy ($32/t). They could be one of the 26 cies to receive it from the Heilongjiang Grain Bureau. They...read more
0 stars

RE:Back to business...

It is so good to see them back in business and especially on time.  As you know, they are now in a profitable market, since January.  So they could even start generating profit right from the first...read more
0 stars

Back to business...

"With support from Beidahuang State Farm Group General Corp (“Beidhuang”), during the fourth quarter, the Company resumed production and sales". Full report:  http://www.cnsx.ca/cmsAssets/docs...read more
0 stars

Chinese Corn Starch Producers slowly re-open their plants

Here is a part of an article that should interest you.  Chang-Tu and Daqing plants must also be about to re-open.  Just ask the company (Mr Wilson) if you want this to be confirm.  I am about to do so...read more
0 stars

ABC's Monthly Report Submitted to CNSX - Apr 7, 2015

"As disclosed in the latest financial statements, there were a number of credit facilities, which came due during the last reported quarter and continue to come due on a regular basis.   These...read more
0 stars

ABC????

Will there ever be any news???   Updates???  rate and reply
0 stars

Weak demand still caps DCE corn starch futures prices

link: http://en.xinfinance.com/Markets/Futures/2015/49194.shtml  rate and reply
0 stars

Successor Auditor Confirmed Jan 13/15

ABC's successor auditor will be MNP, and as confirmed by Manning Elliott LLP (the former auditor) there have been no "reportable events" in connection with their resignation. Wiki:  MNP (previously...read more
0 stars

Positive Development: Developing Corn Starch Futures Market

On December 19, the Dalian Commodity Exchange (DCE) officially launched. Corn starch futures can now be listed and traded.   Main takeaways:   In 2013 China’s corn starch output amounted to about 23.5...read more
0 stars

Third Quarter Result for ABC

For about 5 months, the Northeast Corn Starch Producers have renewed with profit.  During the 3rd quarter, corn starch prices have reached a 3 years high.  And here is what the company reported...read more
0 stars

New JiLin Business Center Opens In Chicago, IL

A positive development that will bring increased exposure to ABC's neck of the woods. The center will serve as a resource to American businesses looking to buy, sell and invest with companies located...read more
0 stars

Time For An Updated Website??

http://www.asiabiochem.com/  - Blatant spelling errors & old charts/ figures will not inspire investor confidence. There's no time like the present!  rate and reply
0 stars

RE:RE:Second Quarter Results

My main reason is just to give some hope to readers of this board.  The corn starch price increase was the only good news to share with you.  Now that ABC is back in a profitable sector, they just...read more
0 stars

RE:Second Quarter Results

What do you find is the best recource for keeping tabs on the corn/starch price in China? Also, I do not understand how this company continues to be granted "strong support by its banking group?" what...read more
0 stars

Second Quarter Results

I thought (hoped) those results would have been a bit better.  I am disappointed that the company did not talk about the spectacular increase in corn starch price since end of April.  Instead, they...read more
5 stars

Chinese Corn Starch producers now generating profit

And Asia Bio-Chem is one of them.  Also with their inclusion into the Heilonjiang State Farm (Beidahuang), its future looks great.  We should know pretty soon the result of their due dilligence and...read more
0 stars

Corn Starch price still rising

with a 10% increase since end of April, compare to only 5% increase for corn price.  Very encouraging!  The prices are back to where they were when the company was profitable.  The 3rd quarter results...read more