Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Why You Shouldn’t Get Excited About Gold Price Mini-Rally - 26th Jan 21
The Truth About Personal Savings Everybody Should Know and Think About - 26th Jan 21
4 Economic Challenges for 2021 - 26th Jan 21
Scan Computers 2021 "Awaiting Picking" - 5950x RTX 3080 Custom PC Build Stock Status - 26th Jan 21
The End of the World History Stock Market Chart : Big Pattern = Big Move - 26th Jan 21
Stock Market Recent Sector Triggers Suggest Stocks May Enter Rally Phase - 26th Jan 21
3 Top-Performing Tech Stocks for 2021 - 26th Jan 21
5 Tips to Manage Your Debt - 26th Jan 21
Stock Market Intermediate Trend Intact - 25th Jan 21
Precious Metals Could Decline Before their Next Attempt to Rally - 25th Jan 21
Great Ways of Choosing Good CMMS Software for a Business - 25th Jan 21
The Dark Forces behind American Insurrectionists - 25th Jan 21
Economic Stimulus Doesn’t Always Stimulate – Pushing On A String - 25th Jan 21
Can Karcher K7 Pressure Washer Clean a Weed Infested Driveway? Extreme Power Test - 25th Jan 21
Lockdown Sea Shanty Craze - "Drunken Sailor" on the Pirate Falls Crazy Boat Ride - 25th Jan 21
Intel Empire Fights Back with Rocket and Alder Lake! - 24th Jan 21
4 Reasons for Coronavirus 2021 Hope - 24th Jan 21
Apple M1 Chip Another Nail in Intel's Coffin - Top AI Tech Stocks 2021 - 24th Jan 21
Stock Market: Why You Should Prepare for a Jump in Volatility - 24th Jan 21
What’s next for Bitcoin Price – $56k or $16k? - 24th Jan 21
How Does Credit Repair Work? - 24th Jan 21
Silver Price 2021 Roadmap - 22nd Jan 21
Why Biden Wants to Win the Fight for $15 Federal Minimum Wage - 22nd Jan 21
Here’s Why Gold Recently Moved Up - 22nd Jan 21
US Dollar Decline creates New Sector Opportunities to Trade - 22nd Jan 21
Sandisk Extreme Micro SDXC Memory Card Read Write Speed Test Actual vs Sales Pitch - 22nd Jan 21
NHS Recommends Oximeter Oxygen Sensor Monitors for Everyone 10 Months Late! - 22nd Jan 21
DoorDash Has All the Makings of the “Next Amazon” - 22nd Jan 21
How to Survive a Silver-Gold Sucker Punch - 22nd Jan 21
2021: The Year of the Gripping Hand - 22nd Jan 21
Technology Minerals appoints ex-BP Petrochemicals CEO as Advisor - 22nd Jan 21
Gold Price Drops Amid Stimulus and Poor Data - 21st Jan 21
Protecting the Vulnerable 2021 - 21st Jan 21
How To Play The Next Stage Of The Marijuana Boom - 21st Jan 21
UK Schools Lockdown 2021 Covid Education Crisis - Home Learning Routine - 21st Jan 21
General Artificial Intelligence Was BORN in 2020! GPT-3, Deep Mind - 20th Jan 21
Bitcoin Price Crash: FCA Warning Was a Slap in the Face. But Not the Cause - 20th Jan 21
US Coronavirus Pandemic 2021 - We’re Going to Need More Than a Vaccine - 20th Jan 21
The Biggest Biotech Story Of 2021? - 20th Jan 21
Biden Bailout, Democrat Takeover to Drive Americans into Gold - 20th Jan 21
Pandemic 2020 Is Gone! Will 2021 Be Better for Gold? - 20th Jan 21
Trump and Coronavirus Pandemic Final US Catastrophe 2021 - 19th Jan 21
How To Find Market Momentum Trades for Explosive Gains - 19th Jan 21
Cryptos: 5 Simple Strategies to Catch the Next Opportunity - 19th Jan 21
Who Will NEXT Be Removed from the Internet? - 19th Jan 21
This Small Company Could Revolutionize The Trillion-Dollar Drug Sector - 19th Jan 21
Gold/SPX Ratio and the Gold Stock Case - 18th Jan 21
More Stock Market Speculative Signs, Energy Rebound, Commodities Breakout - 18th Jan 21
Higher Yields Hit Gold Price, But for How Long? - 18th Jan 21
Some Basic Facts About Forex Trading - 18th Jan 21
Custom Build PC 2021 - Ryzen 5950x, RTX 3080, 64gb DDR4 Specs - Scan Computers 3SX Order Day 11 - 17th Jan 21
UK Car MOT Covid-19 Lockdown Extension 2021 - 17th Jan 21
Why Nvidia Is My “Slam Dunk” Stock Investment for the Decade - 16th Jan 21
Three Financial Markets Price Drivers in a Globalized World - 16th Jan 21
Sheffield Turns Coronavirus Tide, Covid-19 Infections Half Rest of England, implies Fast Pandemic Recovery - 16th Jan 21

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

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

6 Critical Money Making Rules