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$1.34 0.12 (9.84%)
11/21/2008 4:00 PM

Advanced Battery Technologies, Inc. (ABAT)

CAPS Rating:
**

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Ticker Not Ratable

ABAT doesn't currently meet the $100M market cap / $1.50 stock price minimum. (Learn More)

What the Community Thinks

Total Members

377 Outperforms
114 Underperforms
 

All-Stars

47 Outperforms
70 Underperforms
 

Wall Street

2 Outperforms
0 Underperforms
 

Members bullish on ABAT are also bullish on:

Members bearish on ABAT are also bearish on:

Ticker Tags

Battery Technology (12), China (190), Micro Cap (5043), Electrical Equipment (110)
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Advanced Battery Technologies, Inc. At A Glance

Current Price: $1.34
Last Trade Time: 11/21/2008 4:00 PM
Open: $1.25
Previous Close: $1.22
Daily Range: $1.17 - $1.35
52-Week Range: $1.20 - $6.40
Volume: 376,603
Market Cap: $66.83M
P/E Ratio: 3.94
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Stock Trends

ABAT VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for ABAT

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Top Bull Pitch

Recs

9

Advanced Battery Technologies, Inc. (ABAT)

Avatar ennui (79.79) Submitted: 6/05/08 9:12 PM

Chinese lithium polymer battery maker. Interesting technology--wish I understood it better. They will be powering electric buses, cars, and every kind of gizmo you can imagine. This one is more of a hunch than a conviction, since it's hard to get much info about the company. But this is the kind of ...More

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Top Bear Pitch

Recs

1

Advanced Battery Technologies, Inc. (ABAT)

Avatar unstoppablepeon (99.38) Submitted: 10/26/08 11:44 PM

china stock

Replies: 0 | Reply | Permalink

CAPS Members

picks per page. CHANGE

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Recs

0

 (ABAT)

Avatar notzia (< 20) Submitted: 11/12/08 3:02 PM : Outperform Start Price: $5.28 ABAT Score: -31.03

Why ABAT should be a Buy:

1.   The Total Assets ($77.6 M) are 19 times its Total Liabilities ($4.0 M). This is a virtually debt free company.
2.   Shareholder equity more than doubled over the most recent three quarters - from $36.5 M in the 4th quarter of 2007 to $73.6 M in the 3rd quarter of 2008. In just the last quarter, the diluted shareholder equity increased from $0.97 to $1.40 per share (44%) despite the fact that number of shares were increased through a private placement (the funds generated by this PP were needed to build additional and upgrade existing production facilities – more on these below).
3.   3rd Q revenue grew 47.7% YoY on a stock with a trailing P/E of 8 and a forward P/E of only 5.
4.   3rd Q gross profit grew 47.8% YoY.
5.   The 3rd Q cash position is 27% higher than total revenues in 2007 ($40.6 M compared to $31.8 M). This is huge in an economy with tight credit markets.
6.   Between upgrades to the existing buildings A and B, and the expansion into new buildings C and D, the company expects production to increase 165%. When everything is finished, production lines will be operating at 100% capacity. Although when these upgrades and expansions were announced (at 2Q earnings), there was a backlog of $58M representing firm orders to be delivered over the next 18 months, since then the backlog has increased to $62M while the delivery time has shortened to 15 months. In addition, the company has announced a new 5-year contract with Veken USA beginning in Dec. 2008 and is expected to generate $27M in annual revenue.
7.   2008 revenues are projected to be $46 M, which is 42% higher than 2007 ($31.8 M).

The stock price has been hammered unmercifully during this financial downturn. It suffered most with the private placement. Although the dilution was a little more than 5%, the price of the stock was nearly halved. The effect of the PP completely negated strong 2nd Q earnings. The downturn has pushed the price down even further. To borrow words from Cramer, “this is a broken stock, not a broken company.” When confidence returns to the market, this is a stock that will soar.

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Recs

0

 (ABAT)

Avatar bocards (52.96) Submitted: 10/30/08 9:04 AM : Outperform Start Price: $2.47 ABAT Score: -24.69

A very good company and with all automakers trying to go green this just makes sense...plus they just landed a 5 year deal for its product.

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Recs

1

 (ABAT)

Avatar unstoppablepeon (99.38) Submitted: 10/26/08 11:44 PM : Underperform Start Price: $2.44 ABAT Score: 32.76

china stock

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Recs

0

 (ABAT)

Avatar docmayo (29.71) Submitted: 10/19/08 4:28 PM : Outperform Start Price: $2.80 ABAT Score: -31.60

Who doesn't need batteries? Getting significent contracts to add to bottom line. Has patents on battery technology. Rising earnings. Upswing will be impressive with market turnaround.

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Recs

1

 (ABAT)

Avatar alvojiggy1 (80.03) Submitted: 10/13/08 9:43 PM : Outperform Start Price: $2.78 ABAT Score: -24.23

This stock has a very small multiple from what it should be. The expected earnings growth for the future year is positive. That being said, with the chevy volt as well as other auto and electical applications at hand for more advanced batteries being needed down the line, I feel Abat is a good play.

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Wall Street

Results 1 - 2 of 2  

picks per page. CHANGE

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackMDB 21.45 11/10/08 Outperform NS $2.67-49.81%-17.27%-32.55
TrackMaximGroup < 20 08/22/08 Outperform NS $3.85-65.19%-41.17%-24.03

Results 1 - 2 of 2  

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