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Longwei Petroleum Investment Holding Limited Message Board

  • hshinti hshinti Aug 1, 2012 10:28 AM Flag

    Longwei Petroleum Announces Independent Coverage Initiated By MaxSoar

    Longwei Petroleum Announces Independent Coverage Initiated by MaxSoar
    Fair Stock Value Assessment of $5.00 to $5.42 per share

    http://finance.yahoo.com/news/longwei-petroleum-announces-independent-coverage-134600363.html

    Press Release: Longwei Petroleum Investment Holding Ltd. – 38 minutes ago
    Email

    TAIYUAN CITY, China, Aug. 1, 2012 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), today announced MaxSoar Financial and Investments LLC ("MaxSoar") initiated independent coverage of Longwei with a fair stock value assessment of $5.00 to $5.42 per share.
    MaxSoar's independent investment analysis team reviewed the company's business operations, financial results, supply and demand for its products, major developments and transactions, industry, local economy, and national economy in great detail and concluded that for an established gasoline and diesel wholesaler and distributor in an oligopoly competitive status, Longwei's stock is currently undervalued from either an intrinsic valuation standpoint or a relative valuation standpoint.

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