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ATLAS SOUTH SEA PEARL LIMITED (ATP)

ATLAS SOUTH SEA PEARL LIMITED (ATP)

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General Information
Company Name: Atlas South Sea Pearl Limited
Stock Code: ATP
Website: www.atlassouthseapearl.com.au
GICS Sub-Industry: Apparel, Accessories & Luxury Goods
Market Cap ($M): 12
Equiv. Shares (M): 224

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.052 $ 0.055 $ 0.055 $ 0.052 $ 0.055 93,090 $ -0.003  -5.455 %

Company Overview

Business Description:
Atlas South Sea Pearl Limited (ATP) operates a pearl production and distribution business within global wholesale loose pearl market as well as manufactures and sells pearl jewelry through retail operations in Indonesia. Atlas also supplies mother of pearl and pearl oyster sea food products in retail markets. Atlas owns 3 main pearl production sites in Bali and Indonesia.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 0.6 0.4 -77.8 24.9 0.0 0.0 --
2010  A 2.4 1.8 -- 6.0 0.0 0.0 --
2009  A -7.2 -6.1 NaN 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
Atlas South Sea Pearl (ATP) $12 M -0.7747 -- -- 13.4146 -- -- 0.0000 -- --
Billabong Intl (BBG) $531 M -0.1868 -0.4685 0.1593 4.3830 8.2466 7.1133 0.1408 0.0313 0.0474

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ATP 0.35 12.7 0.37 -- 0.61
Market 1.12 11.1 0.96 2.31 2.55
Sector 0.63 11.3 0.70 10.00 0.37

Directors
Name Position Start Date
Mr Stephen Paul Birkbeck Executive Chairman,Chief Executive Officer 15 April 2005
Dr Joseph James Uel Taylor Non-Executive Director 13 September 2000
Mr Geoffrey Grosvenor Newman Non-Executive Director 15 October 2010

Management
Name Position
Mr Jan Jorgensen Chief Operating Officer
Stephen Gleeson Company Secretary
Mr Simon Adams Company Secretary
Mr Michael Mau Group Financial Controller
Mr Tim Jones Pearl Distribution and Marketing Manager
Mr Colin Triefus Retail Production Manager

Substantial Shareholders
Holding Name
13,426,230 (6.10%) Warman (Nominees) Pty Ltd
27,247,100 (12.30%) Raintree Pearls and Perfumes Pty Ltd and associated companies
27,800,000 (12.60%) W G & B M Martin

Calendar of Events
Date Event
29 April 2013 Report (Annual)
01 April 2013 Report (Annual)
25 February 2013 Report (Prelim)
14 December 2012 Capital Dilution
29 August 2012 Report (Interim)
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