Category: Institutions

Ziyang Ceramics Corporation Sets Sights on Strong Second Quarter Performance With New Agreements in Place

Ziyang Ceramics Corporation (OTCBB: ZYCI) issued a news headline that it signed Ten New OEM Distribution Agreements in the Second Quarter of 2012 Collectively Requiring Minimum Sales of $1.3 Million per Month. The Company has signed 10 new distribution agreements with distributors in Shandong and Jiangsu provinces of China thus far in the second quarter of 2012. The new distribution agreements collectively call for minimum sales orders of approximately $1.3 million per month. Ziyang received a total of approximately $160,000 from the ten distributors as a refundable cash deposit provided they meet certain minimum sales targets.

This outstanding news follows up recent financial report for ZYCI for the first quarter of 2012 that stated net revenues topped $11.4 million, an increase of 52.5% compared to the same period in 2011 and net income for the quarter ended March 31, 2012 increased 82.1% to $3.2 million compared with the same period in 2011.

To read the entire press release issued for ZYCI that includes the full company disclosures please go to http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=160

Recent Research Report issued for ZYCI:

Bullworthy Equity Research released a comprehensive research report late last week that covers the history of earnings for the China-based tile manufacturer, the many aspects of its growing business and operations, and the global marketplace demand for high-quality, interior wall and floor tiling. The report also details much analysis on the company's stock and contrasts today's valuations to the expected projections Bullworthy Analysts set going forward. Called the Bullworthy Composite Valuation Model (BCVM), the analysts seek to generate a realistic valuation for the Chinese smallcap, using conservative inputs and variables.

"Bullworthy's 12-18 month price target using the Bullworthy Composite Valuation Model (BCVM) is $9.25 a share. The model is calculated using formulas that include price-to-earnings ratios, price-to-book ratios, and discounted cash flow with conservative variables, and smoothed for a final, average price target." To Read the Entire FREE 25 Page Research Report, Go to http://zyci.bullworthy.com/

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FinancialNewsMedia.com Commentary:

In other news developments for the markets and equities on the move, FinancialNewsMedia.com issued a stock watch alert for News Corp (NWSA) on Tuesday morning and the stock closed up 8.34% on Tuesday 06/26/12 on 73.7Million shares traded. Rumors then followed later in the day that News Corp was considering a split and a spinoff of its publishing.

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