Ableauctions.com Inc. (AAC) news stock charts
Ableauctions.com Inc. (AAC) Investment Summary:
Ableauctions.com, Inc. provides liquidation and merchandizing services with auction and point-of-sale technology to businesses to assist them with managing the sale of their products in the United States and Canada. The company sells merchandise through its ?Unlimited Closeouts and Ableauctions? liquidation stores in California and British Columbia, as well as through auctions, which the company conducts. It also provides inventory brokerage services at unlimitedcloseouts.com and unlimitedcloseouts.ca. In addition, the company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association, as well as provides auction broadcast services. Further, it sells, installs, and supports its point-of-sale sales processing and reporting solutions to retailers; develops real estate; and provides mortgages and loans to individuals and companies. The company was formerly known as J.B. Financial Services, Inc. and changed its name to Ableauctions.com, Inc. in July 1999. Ableauctions.com, Inc. was founded in 1996 and is headquartered in Coquitlam, Canada.www.aaco.com.au
360 Employees
Founded in 1824
AUSTRALIAN AGRICULTURAL CO (AAC:Australian Stock Exchange - SEATS)
LAST A$1.40 AUD
CHANGE TODAY 0.00 0.00%
VOLUME 412.2K
As of 1:10 AM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of AUSTRALIAN AGRICULTURAL CO (AAC)
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OPEN
A$1.40
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PREVIOUS CLOSE
A$1.40
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DAY HIGH
A$1.40
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DAY LOW
A$1.39
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52 WEEK HIGH
04/29/09 - A$1.95
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52 WEEK LOW
07/30/09 - A$1.18
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MARKET CAP
368.6M
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AVERAGE VOLUME 10 D
467.4K
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EPS TTM
A$-0.20
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SHARES OUTSTANDING
264.3M
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EX-DATE
09/11/09
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P/E TTM
--
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DIVIDEND
--
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DIVIDEND YIELD
0.00%
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Key developments for AUSTRALIAN AGRICULTURAL CO (AAC)
Australian Agricultural Co. Ltd. expected to Report First-Half, 2010 Results on August 9, 2010. This event was calculated by Capital IQ (Created on February 15, 2010).
02/15/2010
Australian Agricultural Co. Ltd. expected to Report First-Half, 2010 Results on August 9, 2010. This event was calculated by Capital IQ (Created on February 15, 2010).
Australian Agricultural Co. Ltd. Releases Financial Results for the Year Ended December 31, 2009
02/10/2010
Australian Agricultural Co. Ltd. released financial results for the year ended December 31, 2009. For the year, the company incurred a $53.7 million loss, compared to a $38.7 million loss for the previous corresponding period ended 31 December 2008. Operating cash outflow was $56.4 million compared to inflow of $10.7 million in 2008.
Australian Agricultural Co. Ltd. Releases Preliminary Final Earnings Results for the Year Ended December 31, 2009
02/10/2010
Australian Agricultural Co. Ltd. released preliminary final earnings results for the year ended December 31, 2009. For the year, the company reported revenue from operating activities of $156.3 million, negative EBITDA of $47.61 million and loss from continuing operations after tax attributable to members of $53.74 million.
Ableauctions.com Inc. financial resources
AAC Competitors
| Company | Last | Change | |
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Industry Analysis
| Valuation | AAC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.4x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.4x |
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AAC |
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AAC transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About Ableauctions.com Inc.
Ableauctions Announces Cash Distribution
2010-02-17 08:39:08
Quote: OJAI, Calif.--(BUSINESS WIRE)--Ableauctions.com Inc. (NYSE AMEX:AAC) (the “Companyâ€) announced todaythat its board of directors has declared a cash distribution on itscommon stock of $0.55 per share (for a total of approximately $4.5million) and has established December 30, 2009 as the record date forthis distribution and for determining the stockholders who will beentitled to receive distributions from the liquidating entity that is tobe established in conjunction with the Companyâ...Read article
Ableauctions Estimates Distributions to Total $1.25 - $1.50 Per Share If Reverse Share Exchange Consummated
2010-02-17 08:39:06
Quote: BURNABY, British Columbia--(BUSINESS WIRE)--Ableauctions.com Inc. (NYSE AMEX: AAC) (the “Companyâ€) announced todaythat, if the acquisition of SinoCoking is consummated, the Company willtransfer its remaining assets into a liquidating entity for the purposeof liquidating the assets, paying any liabilities and distributing thenet proceeds to its shareholders.The Company announced on December 21, 2009 that it had establishedDecember 30, 2009 as the record date for determining the shareh...Read article
Ableauctions Defers Distribution
2010-02-17 08:39:06
Quote: BURNABY, British Columbia--(BUSINESS WIRE)--Ableauctions.com Inc. (NYSE AMEX: AAC) (the “Companyâ€) announced todaythat, following consultation with Top Favour Limited (SinoCoking), itwill defer making any distributions prior to the consummation of theacquisition in order to facilitate the transaction. Therefore, therecord date of December 30, 2009 announced for the $4.5 milliondistribution has been retracted. The Company will issue a releaseshortly elaborating on distributions that w...Read article
Ableauctions Reports on Annual General Meeting
2010-02-17 08:39:06
Quote: The shares represented at the meeting constitute 84% of theoutstanding shares.For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com.For more information, contact Investor Relations at investorrelations@ableauctions.com.This press release contains forward-looking statements, particularly asrelated to, among other things, the business plans of the Company,statements relating to goals, plans and projections regarding theCompany's financial position, the Company's busin...Read article
Ableauctions Releases Questions and Answers Regarding SinoCoking Acquisition and Liquidation
2010-02-17 08:39:05
Quote: Some of the answers to these questions could change if theevents described below do not occur as planned.Q: What events will occur on the Closing Date?A: Assuming that the share exchange closes as planned, the Company willeffect a 1-for-20 reverse split of its outstanding common stock, meaningthat each block of 20 shares of common stock will be combined into oneshare of common stock; the Company will complete a share exchange inwhich approximately 13.2 million post-reverse-split shares of common...Read article
Ableauctions Announces Closing Date of Acquisition of SinoCoking Coal and Coke Chemical Industries, Inc., and Final Terms for Participants in Liquidating Trust
2010-02-17 08:39:05
Quote: We expect that the Company’scommon stock will be quoted on the OTC on February 8, 2010 or soonthereafter.On or immediately following the Closing Date, the Company anticipatescompleting the initial closing of a private placement of its equitysecurities to certain private investors, the details of which are to beannounced in a subsequent press release.About Ableauctions.comiCollector.com Unlimited Closeouts.com.www.ableauctions.com/technology)and currently provides the technology and relate...Read article
Announcement of New Trading Symbol for Sinocoking (SCOK)
2010-02-17 08:39:04
Quote: BURNABY, British Columbia--(BUSINESS WIRE)--As previously announced, Ableauctions.com Inc. (NYSE AMEX:AAC) (the“Companyâ€) will consummate its acquisition of SinoCoking today effectiveat 5:00 p.m. Pacific Time. At such time a 1-for-20 reverse stock splitwill be effected and the Company’s name will be changed to “SinoCokingCoal and Coke Chemical Industries, Inc.â€On Monday, February 8, 2010, the post-reverse-split, post-transactionshares of the Company’s common...Read article
Ableauctions Acquires Coal and Coke Producer SinoCoking
2010-02-17 08:39:04
Quote: AACNews) (the “Companyâ€) released a statementtoday about its acquisition of SinoCoking, a coal and coke producerbased in central China.“We are pleased to announce our acquisition of SinoCoking, a coal andcoke producer based in the Henan Province in the People’s Republic ofChina,†said Abdul Ladha, Chief Executive Officer of Ableauctions.com,Inc. The closing of the acquisition is scheduled to occur at the closeof business on February 5, 2010. Mr. Ladha further added...Read article
Announcement of New Trading Symbol for Sinocoking (SCOK)
2010-02-08 04:23:40
Quote: BURNABY, British Columbia--(BUSINESS WIRE)--As previously announced, Ableauctions.com Inc. (NYSE AMEX:AAC) (the“Companyâ€) will consummate its acquisition of SinoCoking today effectiveat 5:00 p.m. Pacific Time. At such time a 1-for-20 reverse stock splitwill be effected and the Company’s name will be changed to “SinoCokingCoal and Coke Chemical Industries, Inc.â€On Monday, February 8, 2010, the post-reverse-split, post-transactionshares of the Company’s common...Read article
Ableauctions Releases Questions and Answers Regarding SinoCoking Acquisition and Liquidation
2010-02-05 08:39:22
Quote: Some of the answers to these questions could change if theevents described below do not occur as planned.Q: What events will occur on the Closing Date?A: Assuming that the share exchange closes as planned, the Company willeffect a 1-for-20 reverse split of its outstanding common stock, meaningthat each block of 20 shares of common stock will be combined into oneshare of common stock; the Company will complete a share exchange inwhich approximately 13.2 million post-reverse-split shares of common...Read article
Ableauctions Announces Closing Date of Acquisition of SinoCoking Coal and Coke Chemical Industries, Inc., and Final Terms for Participants in Liquidating Trust
2010-02-05 08:39:22
Quote: We expect that the Company’scommon stock will be quoted on the OTC on February 8, 2010 or soonthereafter.On or immediately following the Closing Date, the Company anticipatescompleting the initial closing of a private placement of its equitysecurities to certain private investors, the details of which are to beannounced in a subsequent press release.About Ableauctions.comiCollector.com Unlimited Closeouts.com.www.ableauctions.com/technology)and currently provides the technology and relate...Read article
Ableauctions Acquires Coal and Coke Producer SinoCoking
2010-02-05 08:39:21
Quote: AACNews) (the “Companyâ€) released a statementtoday about its acquisition of SinoCoking, a coal and coke producerbased in central China.“We are pleased to announce our acquisition of SinoCoking, a coal andcoke producer based in the Henan Province in the People’s Republic ofChina,†said Abdul Ladha, Chief Executive Officer of Ableauctions.com,Inc. The closing of the acquisition is scheduled to occur at the closeof business on February 5, 2010. Mr. Ladha further added...Read article
Ableauctions Defers Distribution
2010-01-26 02:01:43
Quote: BURNABY, British Columbia--(BUSINESS WIRE)--Ableauctions.com Inc. (NYSE AMEX: AAC) (the “Companyâ€) announced todaythat, following consultation with Top Favour Limited (SinoCoking), itwill defer making any distributions prior to the consummation of theacquisition in order to facilitate the transaction. Therefore, therecord date of December 30, 2009 announced for the $4.5 milliondistribution has been retracted. The Company will issue a releaseshortly elaborating on distributions that w...Read article
Ableauctions Estimates Distributions to Total $1.25 - $1.50 Per Share If Reverse Share Exchange Consummated
2010-01-26 02:01:42
Quote: BURNABY, British Columbia--(BUSINESS WIRE)--Ableauctions.com Inc. (NYSE AMEX: AAC) (the “Companyâ€) announced todaythat, if the acquisition of SinoCoking is consummated, the Company willtransfer its remaining assets into a liquidating entity for the purposeof liquidating the assets, paying any liabilities and distributing thenet proceeds to its shareholders.The Company announced on December 21, 2009 that it had establishedDecember 30, 2009 as the record date for determining the shareh...Read article
ABLEAUCTIONS COM INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
2010-01-01 03:57:07
Quote: Item 8.01.Other Events.
The shareholders of Ableauctions.com Inc. approved the following actions at the
annual general meeting that was held on December 30, 2009:
The acquisition of a 100% interest in Top Favour Limited (SinoCoking) by means
of a share exchange transaction (the "Acquisition") whereby in connection with
the Acquisition the Company will issue up to 13.2 million shares of its common
stock to the shareholders of SinoCoking, which will constitute approximately 97%
of the C...Read article
Ableauctions Reports on Annual General Meeting
2009-12-31 04:12:01
Quote: The shares represented at the meeting constitute 84% of theoutstanding shares.For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com.For more information, contact Investor Relations at investorrelations@ableauctions.com.This press release contains forward-looking statements, particularly asrelated to, among other things, the business plans of the Company,statements relating to goals, plans and projections regarding theCompany's financial position, the Company's busin...Read article
Ableauctions Announces Cash Distribution
2009-12-22 02:36:47
Quote: OJAI, Calif.--(BUSINESS WIRE)--Ableauctions.com Inc. (NYSE AMEX:AAC) (the “Companyâ€) announced todaythat its board of directors has declared a cash distribution on itscommon stock of $0.55 per share (for a total of approximately $4.5million) and has established December 30, 2009 as the record date forthis distribution and for determining the stockholders who will beentitled to receive distributions from the liquidating entity that is tobe established in conjunction with the Companyâ...Read article
ABLEAUCTIONS COM INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
2009-12-22 02:36:45
Quote: Item 8.01.Other Matters.
On December 21, 2009 Ableauctions.com Inc. (the "Company") issued the attached
press release announcing that its board of directors has declared a cash
distribution on its common stock of $0.55 per share (for a total of
approximately $4.5 million) and has established December 30, 2009 as the record
date for this distribution and for determining the stockholders who will be
entitled to receive distributions from the liquidating entity that is to be
established ...Read article
Ableauctions Announces Financial Results for Q3 2009
2009-12-01 03:22:33
Quote: The Company will continue torestructure its operations or acquire or merge with another business.However, in the absence of a definitive transaction, the Company intendsto continue focusing on its investment and property developmentbusiness, which management believes to be in the best interests of theCompany and its shareholders.About Ableauctions.comiCollector.comNaalive.comUnlimited Closeouts.com.www.ableauctions.com/technology)and currently provides the technology and related services to auct...Read article
ABLEAUCTIONS COM INC Files SEC form 8-K, Entry into a Material Definitive Agreement
2009-12-01 03:22:32
Quote: Item 1.01.Entry into a Material Definitive Agreement
On July 17, 2009, Ableauctions.com, Inc. ("Ableauctions"), Abdul Ladha and
Hanifa Ladha executed a Share Exchange Agreement ("Exchange Agreement") with Top
Favour Ltd. ("Top Favour") and the shareholders of Top Favour pursuant to which
the Top Favour shareholders agreed to exchange their shares of Top Favour
capital stock for newly-issued shares of Ableauctions. Section 8.1(b) of Article
8 of the Exchange Agreeme...Read article
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