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Asia Bio-Chem Group Corp T.ABC

Sector: Consumer Defensive | Sub-Sector: Farm Products
Alternate Symbol(s): C.ABC

Price: N/A | Change: N/A | % Change: N/A
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.07/0.025

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Great news!!!

Asia Bio-Chem now listed on CSE http://ca.finance.yahoo.com/news/2014-0307-listing-asia-bio-172400173.html  rate and reply
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7 days left

before the delisting.  I hope there will be an announcement pretty soon.  It is never pleasant for shareholders to be left in the dark.  Is it going to be listed on the Venture or on OTC?  Meanwhile...read more
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RE:RE:Thanks to the management

It is simply because they need shareholders' money to inject more capital.  They have presently a lot of support from their bank but I am pretty sure that the new owner will also need our money.  Why...read more
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RE:RE:Thanks to the management

Once the stock is delisted, what legal recourse do shareholders have?  None.  rate and reply
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RE:Thanks to the management

I see one *major* flaw with your logic...if the majority shareholders are in the process of selling ALL their shares ( in other words selling the company) to the SOE what incentive do they have to...read more
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Thanks to the management

for quickly reassuring their shareholders that this company will stay public.  My feeling is that we will go on TSX Venture...  rate and reply
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RE:RE:How to Avoid Chinese Scams and Fraud

If Goverment of Canada is trusting HSF, I think we should do the same.  As you will see by clicking on the following link, there is a memorandum of understanding between both government.  I am pretty...read more
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RE:How to Avoid Chinese Scams and Fraud

Thanks for the heads up!  rate and reply
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How to Avoid Chinese Scams and Fraud

Read on: http://chinastockfraud.blogspot.ca/  rate and reply
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RE:RE:Latest developments

I hope you're right.  Fingers crossed.  rate and reply
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HEILONGJIANG STATE FARMS

HSF, our future new owner, has the right of dealing with self-managed import & export business.  So, if they start importing cheap canadian corn directly to ABC plants instead of the national reserve,...read more
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RE:Latest developments

Yes, our new owner is going to be the chinese government.  Is it bad or good for us the minority?  I would say it is a good news for us if the selling price is high enough to avoid the delisting.  I...read more
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Latest developments

I'm not quite sure I understand what's going on here.  The majority shareholders have sold their entire holdings in ABC to a state run company.  They are using the proceeds to buy shares in the state...read more
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RE:A dividend for Asia Biochem???

Well, thanks for reporting this, but I'd be highly suspicious if I were you. The site you've referenced claims that these dividends were declared in Nov/Dec of 2013, which to my knowledge did not...read more
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A dividend for Asia Biochem???

This post will probably be very controversial, but as I saw the information on a web site dedicated to finance, I decided to go ahead with it.  According to this site, ABC is about to give 3 dividends...read more
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RE:Seeing light at the end of the tunnel

I bought it in era of great hype. Suffered massive losses. Holding onto some; Just as a bad memory.  rate and reply
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Seeing light at the end of the tunnel

While corn price is stabilizing, corn starch price is now moving up.  Hope this will continue like that.  Fingers crossed. http://www.bjsn110.com/NewsData/NewsData.aspx?Nid=SP2013121914280001  rate and reply
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The Procurement Policy is helping ABC

As previously told, chances are that the corn price in NE China will stay low until April 2014.  The government will stop providing subsidies to producers selling their corn 0.05 yuan (or more) higher...read more
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Overall Corn Price to go down

Wonderful!  Hope the Northeastern region will follow. http://www.bjsn110.com/NewsData/NewsData.aspx?Nid=SP2013112110290001  rate and reply
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The Procurement Policy is up and running

Another good news for ABC.  The State Grain Bureau has recently released its fall crop procurement policy for the four Northeast provinces (Heilongjiang, Jilin, Liaoning and Inner Mongolia). The grain...read more