Is AP Oil ready going for a rally?

AP Oil International Limited had close higher at $0.165 and up by $0.015 is AP Oil shares price are going to recover to it's previous higher level?

Base on stock chart, AP Oil had hit to the bottom of the 5 year's low, the previous quarterly earning report show some recoverly and the cashflow had slight improved. The company management are projecting a good earning and improving of cashflow in the coming future quarterly report, as well as hoping for a good FY2007 earning.

NOTE: The Key Stats & Ratios are from Google Finance.

There is an issues on CAD's investigation going on and that have not been resolve to close the case, there maybe have doubt on the investigation.... that will leave to CAD to do their investigate. So just beware of the risk went you buy AP Oil, is better to buy at cheap from the 5 year's low.

NOTE: Please click the below picture for AP Oil's news site.

Please do your own research, the cashflow and some of the data will have to look out yourself on the AP Oil's recent quarterly report.

AUDITORS

Chio Lim & Associates


BACKGROUND
The Company was incorporated in Singapore under the name of Huan Chew Oil Trading Pte Ltd on 24 December 1975. On 24 March 2001, it was converted into a public company and changed its name to AP Oil International Ltd. The Group is principally engaged in the manufacture of lubricating oils and fluids for industrial, automotive and marine applications. It is also engaged in the supply and trading of base oils and additives used in lubricant production.Through its subsidiary, AIM Chemical Industries (Pte) Ltd (AIM), the Group provides tollblending and contract manufacturing services for specialty chemicals. AIM also supplies and trades in chemicals.The Group operates three manufacturing plants, two for manufacturing lubricants and one for manufacturing chemicals, in Singapore. One of its lubricant manufacturing plants has an oil terminal and a private jetty for loading and unloading of liquid cargo. The storage terminal and private jetty capable of berthing up to 15,000 tons of vessel will be completed by end March 2004. Equipment and machinery are expected to be ready by April and official operation is scheduled to be in June 2004.



Summary
AP Oil International Limited is a Singapore-based company engaged in the manufacture of lubricating oil, import and export of oil and fuel, dealing in paraffin wax, lubricating oil and grease, and investment holding. The Company's business segments include manufacturing, trading, and franchising and outsourcing. The manufacturing segment manufactures a range of lubricating oils and fluids, and specialty chemicals for industrial, automotive and marine applications, and provides blending services to its customers. The trading segment trades in base oil and additives, and specialty chemicals. The franchising and outsourcing segment trades in base oil and additives using the Company's brand name. AP Oil International Limited's sales are mainly to South East Asia, Indo-China, East Asia and other countries. AP Oil International Limited has formed a joint venture company in the Philippines, AP Tang Mining (Phil) Corp.