China Shuangji Cement, Ltd. Profiled in E-Alert From The China Club
2010-03-09 09:29 ET - News Release
ZHAOYUAN CITY, CHINA -- (MARKET WIRE) -- 03/09/10
China Shuangji Cement, Ltd. (OTCBB: CSGJ) ("China Shuangji" or the "Company"), a leading producer of high-quality Portland cement in Shandong and Hainan Provinces in the People's Republic of China (PRC), announced today that it was profiled in The China Club's 'China Advantage E-Mail Alert' on February 24th, 2010.
The e-mail alert, entitled 'A Ground Floor Opportunity Knocks,' cited that "China's booming economy has made it the largest consumer of cement in the world and is projected to account for close to half of global cement consumption in 2010." According to the alert, "Although China Shuangji's year-over-year revenues and net income were virtually flat, the Company is expecting to more than double its output with plant upgrades." The alert added, "We think this basic business has headroom for growth with the stock trading at a mere $0.54 per share. With a new bilingual CFO in place, we wouldn't be surprised to see independent directors appointed and other milestones fall into place for a move to a major exchange."
"We are excited to be recognized by 'The China Club' as a leading producer of Portland cement in Shandong and Hainan Provinces underpinned by solid industry fundamentals," stated Mr. Wenji Song, Chairman and President of China Shuangji Cement, Ltd. "We believe that our business currently represents a compelling value as we position ourselves for significant capacity expansion."
China Shuangji is The China Club's featured company in the March issue of its monthly newsletter entitled "The China Dispatch." In addition, China Shuangji has also been discussed in 'China OTC Player/Rising China Stocks,' a blog focused on emerging Chinese companies: http://chinaotcplayer.blogspot.com
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.