Wednesday, May 12, 2010

China America Holdings-company gets positive rating & speculative target price



BREAKING NEWS

Market Advisors Initiates Coverage on China America Holdings, Inc.China America Holdings, Inc. (OTC.BB:CAAH), a holding company with a 56% equity ownership of its China-based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong"), announced today announced that the Market Advisors May 2010 research report China America Holdings, Inc. (with a speculative price target of $0.10 per share.

The report is being made available on the Market Advisors website http://www.marketadvisorsinc.com in response to numerous inquiries for additional information regarding the company from both current and prospective shareholders.

The report states:
"We are initiating coverage of China America Holdings, Inc. (OTC BB: CAAH) with an outperform rating and a speculative-price target of $0.10. China America Holdings, Inc. is the creative intersection of the distribution of hydrofluorocarbon (HFC) refrigerants that are utilized in a variety of applications. These include coolants in automobiles, residential and commercial air conditioning systems, refrigerators, fire extinguishing agents and assorted aerosol sprays. The Company's customers include manufacturers of automobiles, refrigeration and air conditioning systems, as well as bulk coolant distributors in China. The Company is focused on providing environmentally friendly products to multiple markets.

See Full Report

Investors are urged to monitor the progress of the company!

Why Consider CAAH?

China America Holdings is being covered by Market Advisors Research


We view China America Holdings, Inc. as attractive in the current environment due to its wide variety of innovative technologies for use in its products and services. Our positive rating on this company reflects our confidence in a management team focused on growth through internal research and development as well as activity from their primary subsidiary Shanghai Aohong Industry Co. that helps form the core they hold in this industry." From MAR Report
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China America Holdings The Right Time! The Right Place

China America Holdings serves as a spring board to propel its growing China-based businesses and here are reasons investors should consider CAAH today:
  • China America Holdings (CAAH) Has Been Added To Naked Short Lists by BUYINS.NET


  • China America’s balance sheet also remains very robust, with its asset growing some 10% during the past quarter. During the period, the company reported $2.3 million in cash and total assets of $15.3 million, with no long-term debt and current liabilities of just $6.7 million


  • Gross Revenues increased by approximately 40% & Gross profit margin percentage increased to 8.6%


  • Through its 56% stake in Shanghai Aohong Chemical Co., China America Holdings (OTCBB: CAAH) is well positioned in China’s Multi-Billion dollar refrigerant industry, and distributes hydrofluorocarbon (HFC) refrigerants utilized primarily as coolants in automobile, residential and commercial air conditioning systems, refrigerators, fire extinguishing agents and assorted aerosol sprays.


  • One of CAAH primary target markets is seeing incredible growth. Automobile sales in China in March jumped up 55.8% year-on-year to a record 1.73Million units, according to figures the China Association of Automobile Manufacturers


  • With net revenues of over $11M reported for its last quarter, CAAH is offering investors a unique direct-access opportunity to participate in highly resilient Chinese economy. Furthermore, CAAH provides a product that is important, and almost critical to day to day lives. From the Air Conditioning system in cars to the refrigerator in kitchens, the multi-billion dollar refrigerant industry will play an important role in the fastest growing economy in the world – China! In Fact, to keep up with anticipated increases in demand, CAAH recently announced it has begun test run production at its newly constructed chemical production facility; virtually doubling the total annual capacity of refrigerant chemicals and capable of generating annual revenue of approximately U.S. $22 million


  • According to the Freedonia Group in August 2009, the $12.7 billion world fluorochemical industry is expected to rise 2.7 percent annually by volume through 2013 with the Asia/Pacific region remaining the largest market


  • In April, China Vesting Added China America Holdings to the China Dragon Undervalued Index; an index that tracks the best 100 U.S. Listed Chinese Public Companies with state-of-the-art performance benchmarks
Company Snapshot

About The Company

China America Holdings, Inc. (OTCBB: CAAH) is doing refrigerant business via its subsidiary in shanghai, China. The company's majority owned China-based Shanghai Aohong Industry Co., Ltd distributes hydrofluorocarbon (HFC) refrigerants utilized in a variety of applications, primarily as coolants in automobile, residential and commercial air conditioning systems, refrigerators, fire extinguishing agents and assorted aerosol sprays. China America Holdings, Inc. customers include manufacturers of automobiles, refrigeration and air conditioning systems, as well as bulk coolant distributors in China. The Company is focused on providing environmentally friendly products worldwide to multiple markets.


Trading under the symbol CAAH on the OTC Bulleting Board, the Company provides a unique direct-access opportunity to participate in a rapidly growing Chinese economy through U.S.-listed shares and serves as a spring board to propel its growing China-based businesses.

CAAH operates a majority owned subsidiary in China

Shanghai Aohong Industry Co., Ltd. ("Aohong") In June of 2007 CAAH acquired a 56% interest in Aohong, a distributor of fluorine chemical products throughout Asia. Aohong was established in February 2000 and is headquartered in the Huating Economic & Development Area, Jiading District in Shanghai, China. Aohong specializes in the processing, distribution, and import/ export of a variety of refrigerant and coolant products used in automobiles, air conditioning systems, refrigeration units, and fire extinguishing agents. Aohong is a recognized supplier to many reputable multi-national companies.

Aohong's customers include manufacturers and retailers of air conditioning systems, refrigerators, automobiles, coolants, fluororubber, fluoroplastic, heat insulation, pharmaceuticals and chemicals. In 2007, approximately 55% of its net revenues were from manufacturers. Approximately 25% of its net revenues were from air conditioning and refrigerator retailers and approximately 20% of its net revenues were from the export of products. Approximately 50% of its sales are to automobile, refrigerator manufacturers and air conditioning manufacturers.

Aohong distributes products within China to 16 provinces and districts including Liaoning, Jilin, Beijing, Xinjiang, Shangxi, Chongqing, Sichuan, Jiangshu, Zhejiang, Anhui, Guangdong, Hainan, Hong Kong and Taiwan. Aohong exports to countries such as Russia and Thailand, with plans to export to the U.S., Latin America and the Caribbean in 2008.

As industry standards are changing, Aohong recognizes the importance of safe, non-toxic products, and places great emphasis on the sale and distribution of environmentally friendly products. Aohong is striving to be a leader in its industry in the sale and distribution of environmentally friendly products within Asia. Approximately 37% and approximately 20%, respectively, of Aohong's net revenues for 2007 and 2006 were derived from environmentally friendly products. For 2008, Aohong expects the sale and revenue of "GREEN" products to be substantially greater than that of 2007.

Aohong believes it differentiates itself from its competitors through its ability to accommodate a variety of orders in the form of repacking, combining, or distributing products and its warehouse capacity enables it to meet customer demand on short notice.

* Information above provided by China America Holdings, Inc.


Recent Company News

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