BeaconEquity.com Issues Trade Alerts on Top Performing Chinese Stocks TYM and CYXN
June 20 2008 - 7:41AM
PR Newswire (US)
DALLAS, June 20 /PRNewswire/ -- BeaconEquity.com announces the
availability of a research alert on Chinese stocks that are making
news today. Investors can view all of the daily trading notes for
free by visiting: http://www.beaconequity.com/m Today's Trade Alert
includes: Asia Time Corp. (AMEX:TYM), China Yongxin Pharmaceuticals
(OTC:CYXN) (BULLETIN BOARD: CYXN) Join the investor discussion
surrounding these stocks at: http://www.stocknetworkonline.com/
Asia Time Corp. (AMEX:TYM) announces Q1 Increases across the Board
"Through its subsidiaries, Asia Time Corp. (TYM) is engaged in the
distribution, manufacturing and assembly of watches and related
components in Hong Kong and China. The company recently announced
its quarterly results for the three-month period ended March 31,
2008, posting increases across the board. "Asia Time posted
first-quarter earnings at $2.4 million, or 8 cents per share, as
compared to $193,000, or 1 cent per share, for the same period the
year prior; the company reported revenues at $36.8 billion, up 74
percent from $21.1 million for the same period last year; shares
jumped more than 30 percent to $6.50. "The company's Watch Movement
Segment revenue represents $31.1 million, up 63 percent from $19.2
million for the first quarter of 2007; the Complete Watch Segment
accounts for $5.5 million for the three months ended March 31,
2008, up 190 percent from $1.9 million reported last year. "The
company attributes the increases to a portfolio of diversified
products with higher selling prices, flexible and extended credit
terms, and a targeted marketing strategy." China Yongxin
Pharmaceuticals (CYXN) Forecasts Results for 2008 based on Positive
2007 "Yongxin Liu, chairman and CEO of China Yongxin, recently
updated investors on the company's performance and growth
prospects, highlighting 23 percent growth in revenues, 150 percent
gain in earnings per share in 2007, and forecasting double-digit
growth due to its drug retailing business and the 20 percent annual
growth in China's retail drug market expected to hit $30 billion by
2011. "In the coming weeks, we expect to be delivering more news
about our recent performance and accelerating growth prospects,
including the progress of our expansion in Jilin Province and
beyond." BeaconEquity.com's TraderNotes are brief analyses on the
active stocks each day that are affecting the markets. These
include breaking news, insider activity, recent 52-week highs/lows,
technical breakouts, and other market driving information. Beacon
is the authority on research in the small cap sector, and our
analysts strive each day to find the stocks that are poised to be
the biggest movers before the rest of the market is aware of them.
BeaconEquity.com is one of the industry's largest small cap
research providers. Beacon strives to provide a balanced view of
many promising small cap companies that would otherwise fall under
the radar of the typical Wall Street investor. We provide investors
with an excellent first step in their research and due diligence by
providing daily trading ideas, and consolidating the publicly
available information available on them. For more information on
Beacon Research, please visit: http://beaconequity.com/m CRD#
1755680 BeaconEquity.com Disclosure The companies that are
discussed have not always approved the statements made in this
opinion. These reports are for informational purposes only and
should not be construed as an offer or solicitation of an offer to
buy or sell any securities mentioned. We are not a licensed or
registered broker dealer, investment advisor, analyst or
underwriter. Please consult a registered broker before purchasing
or selling any securities viewed or mentioned here. Beacon Equity
Research Jeff Bishop, (469)-252-3505 Reuben Sushman of Beacon
Equity Research is a member of the National Association of
Securities Dealers, CRD number 1755680. Available Topic Expert(s):
For information on the listed expert(s), click appropriate link.
JEFF BISHOP
http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70781
DATASOURCE: BeaconEquity.com CONTACT: Jeff Bishop of
BeaconEquity.com, +1-469-252-3505, Web site:
http://beaconequity.com/ http://www.stocknetworkonline.com/
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