– “The number of middle class in China has risen significantly with a
few million Chinese not considered middle class. This means that more
Chinese are becoming homeowners, which means they will want the
amenities that many people enjoy in their houses in the United States.
This is a strong trend for porcelain wall and floor tiles maker Ziyang
Ceramics (ZYCI). In late June, ZYCI announced ten new OEM distribution
agreements for distributors to sell interior porcelain tiles and brand
them how they’d like. As per the press release, the new distribution
agreements collectively call for minimum sales orders of approximately
$1.3 million per month.”
recently provided financial guidance for 2012. The company sees total
revenue ranging between $13.5 million and $15.0 million and net income
exceeding $3.5 million with approximately 10 million shares of common
stock issued and outstanding according to a PR released on July 24th.
guidance represents a substantial improvement in overall financial
performance, both sequentially as well as to the comparable quarter in
sees revenue for the full year of 2012 exceeding $55 million with net
income exceeding $14 million, or EPS of $1.40 based on the current 10
million shares outstanding.
have been discovering ZYCI during June and July. ZYCI shares traded up
to the $4.00 level at times during June while its shares are currently
could see ZYCI climb again soon. Watch it closely and take time to
research it further as its quite an exciting opportunity in a growing
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