Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Best Stocks for Investing to Profit form the Metaverse and Get Rich - 29th Nov 21
Should You Invest In Real Estate In 2021? - 29th Nov 21
Silver Long-term Trend Analysis - 28th Nov 21
Silver Mining Stocks Fundamentals - 28th Nov 21
Crude Oil Didn’t Like Thanksgiving Turkey This Year - 28th Nov 21
Sheffield First Snow Winter 2021 - Snowballs and Snowmen Fun - 28th Nov 21
Stock Market Investing LESSON - Buying Value - 27th Nov 21
Corsair MP600 NVME M.2 SSD 66% Performance Loss After 6 Months of Use - Benchmark Tests - 27th Nov 21
Stock Maket Trading Lesson - How to REALLY Trade Markets - 26th Nov 21
SILVER Price Trend Analysis - 26th Nov 21
Federal Reserve Asks Americans to Eat Soy “Meat” for Thanksgiving - 26th Nov 21
Is the S&P 500 Topping or Just Consolidating? - 26th Nov 21
Is a Bigger Drop in Gold Price Just Around the Corner? - 26th Nov 21
Financial Stocks ETF Sector XLF Pullback Sets Up A New $43.60 Upside Target - 26th Nov 21
A Couple of Things to Think About Before Buying Shares - 25th Nov 21
UK Best Fixed Rate Tariff Deal is to NOT FIX Gas and Electric Energy Tariffs During Winter 2021-22 - 25th Nov 21
Stock Market Begins it's Year End Seasonal Santa Rally - 24th Nov 21
How Silver Can Conquer $50+ in 2022 - 24th Nov 21
Stock Market Betting on Hawkish Fed - 24th Nov 21
Stock Market Elliott Wave Trend Forecast - 24th Nov 21
Your once-a-year All-Access Financial Markets Analysis Pass - 24th Nov 21
Did Zillow’s $300 million flop prove me wrong? - 24th Nov 21
Now Malaysian Drivers Renew Their Kurnia Car Insurance Online With Fincrew.my - 24th Nov 21
Gold / Silver Ratio - 23rd Nov 21
Stock Market Sentiment Speaks: Can We Get To 5500SPX In 2022? But 4440SPX Comes First - 23rd Nov 21
A Month-to-month breakdown of how Much Money Individuals are Spending on Stocks - 23rd Nov 21
S&P 500: Rallying Tech Stocks vs. Plummeting Oil Stocks - 23rd Nov 21
Like the Latest Bond Flick, the US Dollar Has No Time to Die - 23rd Nov 21
Why BITCOIN NEW ALL TIME HIGH Changes EVERYTHING! - 22nd Nov 21
Cannabis ETF MJ Basing & Volatility Patterns - 22nd Nov 21
The Most Important Lesson Learned from this COVID Pandemic - 22nd Nov 21
Dow Stock Market Trend Analysis - 22nd Nov 21
UK Covid-19 Booster Jabs Moderna, Pfizer Are They Worth the Risk of Side effects, Illness? - 22nd Nov 21
US Dollar vs Yields vs Stock Market Trends - 20th Nov 21
Inflation Risk: Milton Friedman Would Buy Gold Right Now - 20th Nov 21
How to Determine if It’s Time for You to Outsource Your Packaging Requirements to a Contract Packer - 20th Nov 21
2 easy ways to play Facebook’s Metaverse Spending Spree - 20th Nov 21
Stock Market Margin Debt WARNING! - 19th Nov 21
Gold Mid-Tier Stocks Q3’21 Fundamentals - 19th Nov 21
Protect Your Wealth From PERMANENT Transitory Inflation - 19th Nov 21
Investors Expect High Inflation. Golden Inquisition Ahead? - 19th Nov 21
Will the Senate Confirm a Marxist to Oversee the U.S. Currency System? - 19th Nov 21
When Even Stock Market Bears Act Bullishly (What It May Mean) - 19th Nov 21
Chinese People do NOT Eat Dogs Newspeak - 18th Nov 21
CHINOBLE! Evergrande Reality Exposes China Fiction! - 18th Nov 21
Kondratieff Full-Season Stock Market Sector Rotation - 18th Nov 21
What Stock Market Trends Will Drive Through To 2022? - 18th Nov 21
How to Jump Start Your Motherboard Without a Power Button With Just a Screwdriver - 18th Nov 21
Bitcoin & Ethereum 2021 Trend - 18th Nov 21
FREE TRADE How to Get 2 FREE SHARES Fractional Investing Platform and ISA Specs - 18th Nov 21
Inflation Ain’t Transitory – But the Fed’s Credibility Is - 18th Nov 21
The real reason Facebook just went “all in” on the metaverse - 18th Nov 21
Biden Signs a Bill to Revive Infrastructure… and Gold! - 18th Nov 21
Silver vs US Dollar - 17th Nov 21
Silver Supply and Demand Balance - 17th Nov 21
Sentiment Speaks: This Stock Market Makes Absolutely No Sense - 17th Nov 21
Biden Spending to Build Back Stagflation - 17th Nov 21
Meshing Cryptocurrency Wealth Generation With Global Fiat Money Demise - 17th Nov 21
Dow Stock Market Trend Forecast Into Mid 2022 - 16th Nov 21
Stock Market Minor Cycle Correcting - 16th Nov 21
The INFLATION MEGA-TREND - Ripples of Deflation on an Ocean of Inflation! - 16th Nov 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Investing in Asia - An update on 13 Asian powerhouses

Companies / Emerging Markets Mar 22, 2007 - 11:27 AM GMT

By: Money_and_Markets

Companies

Larry Edelson : I'm on another whirlwind tour of Asia. I just wrapped up a four-day visit to Kuala Lumpur … before that I spent four days in Hong Kong and Macau … and now I'm resting up for my next stop, Dubai. I can't wait to check out the financial capital of the Middle East, which also happens to be an important source of capital for Asia.

But while I'm taking a breather, I figured now is a good time to update you on the Asian stocks I told you about last June . How are they doing? Great!

Of the 13 stocks I highlighted, 12 are in the winning column with gains of up to 66.6%! There's only one loser, which fell about 11%.

So, as you can see, while a lot of people were busy talking about China slowing down and Asian markets looking shaky, many Asian stocks posted solid gains.


12 of 13 Asian Stocks I Mentioned Showing Terrific Gains …
Company Symbol Price
June 15, 2006
Price
March 16, 2007
Gain/ (Loss) % Return
Sinopec Shanghai SHI $44.21 $48.40 $4.19 9.48%
CNOOC, Ltd. ceo 75.85 80.13 4.28 5.64%
Petrochina PTR 99.18 110.28 11.10 11.19%
Santos Ltd. STOSY 34.05 30.27 -3.78 -11.10%
China Pet. & Chem. SNP 52.60 75.32 22.72 43.19%
Alumina Ltd. AWC 19.37 22.34 2.97 15.33%
Aluminum Corp. ACH 17.66 24.59 6.93 39.24%
Posco PKX 60.83 101.35 40.52 66.61%
Amcor Ltd. AMCR 19.17 23.90 4.73 24.67%
Kubota Corp. KUB 44.27 45.19 0.92 2.08%
Korea Electric Power KEP 18.75 20.43 1.68 8.96%
Huaneng Power Intl. HNP 25.12 35.72 10.60 42.20%
Mitsui & Co. MITSY 272.22 354.74 82.52 30.31%

In a moment, I'll give you a quick refresher on each of these companies. But first, let me tell you what I've concluded from this trip to Asia …

There are Virtually No Signs of A Slowdown Anywhere in Asia!

There are exceptions, such as Thailand where there's a domestic political crisis. But by and large, it looks like full speed ahead here in Asia.

Kuala Lumpur, Hong Kong, Macau, and Shanghai are all booming with just as much fervor as they were last year. The only noticeable difference I see: Asian domestic consumption is on the rise big time!

Consumers in these countries are now going wild with their accumulated savings and new wealth. Property prices are booming. And sales of durable goods, like refrigerators, air conditioners, and cars, are soaring.

Some recent facts that back up my observations:

  • A record six million LCD televisions were sold in Asia last year. And 2007 sales are expected to jump to 11 million , a whopping 83% increase!
  • Asia's PC sales jumped 11% in 2006, with laptop sales surging 33%!
  • Carrefour, a hypermarket operator, saw revenues jump 14% in its Asian retail operations, contributing to a near doubling of the company's net earnings.
  • China's overall retail sales jumped nearly 15% in February, the fastest pace in two years! Sales of household appliances soared 22% … clothing sales rose 28% … sales of meats and eggs jumped 33%!

I think this is just the beginning of a new phase of economic growth in Asia. China will lead the way forward, taking huge steps to ensure continued growth. The trends will fan out from the urban areas to the countryside. And domestic consumption will rise across the entire Asian region.

In this scenario, Asian currencies will continue to strengthen, corporate profits will rise, and Asian stocks should surge higher. Naturally there will be speed bumps along the way, but I think Asian economies and stock markets will outperform those in the U.S. and Europe for several more years.

With that said, here's …

An Update on the 13 Asian Stocks I Told You About in June

I don't normally get this detailed in Money & Markets , but once in a while I like to highlight some specific companies just to give you a sense of what's out there.

I'm a big fan of natural resources and companies that provide real value, real assets, and real wealth, so those are the kinds of stocks I want to talk about today.

What's more, all of these stocks are tied to the basic fundamental forces driving Asian economies higher. I'm talking about the fact that three billion people, nearly half the world's population, are leap-frogging from the 19 th Century straight into the 21 st Century.

My Real Wealth Report subscribers already own a number of these stocks. Naturally, I reserve all the specific order details (how much to buy, when to buy, when to sell, etc.) for them.

But here's a quick refresher on who these companies are and what they do. By the way, if you're holding any of these stocks, consider placing protective sell stops to lock-in gains and/or limit any potential losses …

$19 (34% discount)
From Wall Street to the Great Wall: How to Invest in China
$19 (34% discount)From Wall Street to the Great Wall: How to Invest in China

#1. Sinopec Shanghai (SHI): Officially known as Sinopec Shanghai Petrochemical, this company makes more than 60 products out of hydrocarbons, including refined oil products, petrochemicals, plastics and resins, and synthetic fibers.

#2. PetroChina Co. Ltd. (PTR): This is China's main oil and gas company. A subsidiary of state-owned China National Petroleum Corporation, PetroChina produces two-thirds of China's oil and gas. The company has proven reserves of 11.5 billion barrels of oil and 48.1 trillion cubic feet of natural gas. It operates 25 refineries, 12 chemical plants, and 15,900 gas stations.

#3. CNOOC Ltd. (CEO): Yet another Chinese oil and gas giant, this company is targeting 2007 oil production of about 170 million barrels of oil. Plus, it's got five new oil projects expected to come online this year.

#4. Santos Limited (STOSY): An Australia-based company that focuses on exploring, developing, producing, transporting, and marketing hydrocarbon resources. This one is down a bit since I mentioned it in June, but I have faith in the company's long-term prospects.

#5. China Petroleum and Chemical Corp. (SNP): The latest news on this firm is that it just discovered a new major gas field in China's southwest Sichuan province. Sounds promising!

#6. Alumina Limited (AWC): This Australia-based company owns 40% of Alcoa World Alumina & Chemicals, the world's largest alumina business. In my view, it's a possible takeover target.

#7. Aluminum Corp. of China Ltd. (ACH): Nicknamed Chalco, this company is China's leading aluminum producer. And let me tell you, China is gobbling up that metal like crazy. The company's earnings were up 67% in 2006!

#8. Posco (PKX): This Korean company is the world's third-largest steel maker. Warren Buffett recently reported that he's been investing in this company. Talk about an endorsement!

#9. Amcor Ltd. (AMCR): Based in Victoria, Australia, Amcor makes and markets corrugated boxes, cartons, aluminum and steel cans, flexible plastic packaging, plastic bottles and jars, and more. The company operates 240 manufacturing plants in 39 countries.

#10. Kubota Corp. (KUB): This Japanese firm manufactures farm equipment, engines, pipe and fluid systems engineering, industrial castings, environmental control plants, and housing materials and equipment. Revenues over the last nine months rose 9.6% from the same period a year earlier, while operating income gained 12%.

#11. Korea Electric Power Corp. (KEP): This company is the backbone of South Korea's power grid, generating 90% of the country's total electricity. What more do I need to say? That's a very attractive position to be in!

#12. Huaneng Power International (HNP): This firm supplies power to 13 of China's provinces, as well as the municipalities of Shanghai and Chongqing. Huaneng owns 16 power plants outright … has controlling interests in 10 more … and minority stakes in four operating power companies. The company is using its rising earnings to pay out a healthy dividend.

#13. Mitsui & Co. (MITSY): Japan's powerhouse conglomerate has a diverse group of businesses — everything from metal products and minerals to chemicals to consumer products. Mitsui's revenues and earnings have been taking off.

Bottom line: There are plenty of great opportunities overseas. And based on what I'm seeing in my travels, Asian stocks have a lot more room to run. 

Best wishes,

by Larry Edelson

P.S. If you want more details on some of the companies I told you about today — along with plenty of other stocks loaded with potential — just subscribe to my Real Wealth Report for just $99 a year!
This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.MoneyandMarkets.com


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in