EMERGING GROWTH ALERT |
Issue: 107518 |
July 2005 |
China World Trade
Corporation
Undervalued Special Situation |
Symbol: |
CWTD |
52 Week Range |
1.70 - 4.50 |
Shares Float: |
23,000,000 |
Current Price: |
$2.42 |
12 Mo.Target Price |
$9.50 |
Last 5 days gain: |
.38 |
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Breaking News Alerts!
China World Trade Corporation Establishes International Business
Center To Further Enhance Business Services Division
Monday July 11, 11:35 am ET
GUANGZHOU, China, July 11 /Xinhua-PRNewswire-FirstCall/
-- China World Trade Corporation (OTC
Bulletin Board: CWTD - News) announced today that the International
Business Center (IBC) has commenced operations on July 1 which will
support the international communication needed between the company's
corporate clients and members. Additionally, IBC will assist in serving
China World Trade Corporation's premier club members with business
travel and other various corporate services. IBC aims to build up a
strong platform and play an important role in integrating the business
resources of the company's CEO Clubs and World Trade Center Clubs and to
utilize New Generation's extensive travel network and operating system.
IBC will also help China World Trade Corporation enhance services
available to the company's clients with more comprehensive products such
as the arrangement of international business tours, destination
intelligence, immigration, and overseas investment consulting services.
China World Trade Corporation
Announced Strategic Partnership with the Foundation for Globalization
Cooperation
Tuesday June 7, 8:20 am ET
TIANHE, Guangzhou, China, June 7 /Xinhua-PRNewswire/ -- China World
Trade Corporation (OTC Bulletin Board: CWTD - News), announced today
that the CEO Clubs China Limited ("CEO Clubs"), a subsidiary of CWTC,
signed a strategic alliance agreement with the Foundation for
Globalization Cooperation (''FGC''). Under the agreement, CEO Clubs will
represent FGC for merchandising and selecting sponsors under certain
conditions for the World Culture Diversification Forum and the Third
Global Cooperation Forum, which will be held in
CORPORATE PROFILE
:
China World Trade Corporation (CWTC) has established its
business in three distinct areas: the club and business centers
throughout major cities in China, business travel-related services, and
business value-added services. The Club and Business Center Division is
devoted to the building of the World Trade brand throughout China via
the opening and operating of business clubs in China's major,
positioning the CWTC to act as a platform to facilitate trade between
China and the world markets. The acquisition of CEO Clubs China Limited
("CEO Clubs") in May 2004 further complements CWTC's offerings by
targeting high-level corporate executives from premier companies. The
Business Traveling Services Division, New Generation, provides CWTC
access to the rapidly growing travel-related industry. New Generation is
a pioneer and market leader in the travel agency business through its
strong network of ticketing sales operations throughout Southern China.
The Business Value-Added Services Division focuses on value-added
services of credit cards, merchant- related business services, as well
as consultancy services to CWTC members and clients. Guangdong World
Trade Link Information Services Limited ("WTC Link"), a subsidiary of
CWTC, manages the Company's co-branded credit card project and is an
active provider of CRM solutions and services in China.
CWTD is an exciting special situation with enormous potential.
CWDT represents the latest technology in
Cable TV and Broadcasting Media, and with an undervalued stock price of $2.42
We feel that our target price of $9.50 is very attainable and realistic! Within two to three years,
CWTD
could easily be trading
triple that.
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As of March 31, 2005, cash and cash equivalents totaled $1.8 million.
Mr. Chi Hung Tsang, Chairman and President of China World Trade Corporation commented, "We are extremely pleased with our first quarter 2005 results and expect to see continued operational improvement from all three business segments for the remainder of the year. This quarter, we have experienced dramatic margin improvement and remain optimistic that this will continue as our higher margin Business Travel Services and Business Value- Added Services divisions continue to experience strong growth momentum. We have now built a solid platform of service offerings and are excited about the growth prospects in each of our business segments." China World Trade Corporation (CWTC) has established its business in three distinct areas: the club and business centers throughout major cities in China, business travel-related services, and business value-added services. The Club and Business Center Division is devoted to the building of the World Trade brand throughout China via the opening and operating of business clubs in China's major, positioning the CWTC to act as a platform to facilitate trade between China and the world markets. The acquisition of CEO Clubs China Limited ("CEO Clubs") in May 2004 further complements CWTC's offerings by targeting high-level corporate executives from premier companies. The Business Traveling Services Division, New Generation, provides CWTC access to the rapidly growing travel-related industry. New Generation is a pioneer and market leader in the travel agency business through its strong network of ticketing sales operations throughout Southern China. The Business Value-Added Services Division focuses on value-added services of credit cards, merchant- related business services, as well as consultancy services to CWTC members and clients. Guangdong World Trade Link Information Services Limited ("WTC Link"), a subsidiary of CWTC, manages the Company's co-branded credit card project and is an active provider of CRM solutions and services in China. |
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