|I've started this board to discuss what I feel is an up and coming and completely unnoticed OTCBB stock: |
Asia Fiber Holdings Ltd
Asia Fiber Holdings Limited ("AFBR": OTCBB) a Delaware corporation, is the controlling shareholder of an operating company based in the Peoples Republic of China (PRC) which manufactures and distributes polyester fiber for use in the apparel and textile industries. Its applications include everything from socks, leisure-wear and lingerie to carpet pile, tire cord and seat belts.
Asia Fiber Holdings is not widely known. They have great fundamentals, yet trade at low valuations. They are growing and have acquisition plans, yet it's not factored into the price. Once AFBR starts making acquisitions, gets globally listed, and recognized by the investing community as one of the largest listed Chinese companies on the exchange, the price will reflect the fundamentals.
AFBR's operating company ranks among the 500 largest foreign-owned corporations in China, and together with its 30% shareholder, represents the second largest consortium in the chemical fiber industry in China. Hence, an investment in AFBR translates into an investment in a major player in an industrial space which is currently experiencing double digit growth and an first-rate alternative investment on the emerging global commercial landscape.
Shares Outstanding: 24,881,319
Transfer Agent: American Stock and Transfer, New York
Disclosure: Yes, I own this stock and paid for my shares (LOL)