4th Quarter [Oct. 2010 – Dec. 2010]
We are recommending five (5) stocks for immediate purchase to implement a portfolio sector and issue shift in equities that emphasizes the undervalued nature of some segments of the Chinese market as well as an oversold situation that has overly discounted short term corporate negatives. In addition, we are the beneficiaries of some highly regarded private research, that our clients have successfully relied upon in the past, to identify terrific opportunities in emerging industries and technologies; all poised for big quick moves once these fundamental realities become evident to main stream investors. From these recommendations, our clients will have great opportunities for massive gains over the next 6 months to 2 years. These 5 stock picks are now must own positions that will move higher regardless of overall market sentiment.
Sphinx Asia Ltd.
Tel.: +886 2 8758 2782
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Sphinx Asia News Letter
4th Quarter [Oct. 2010 – Dec. 2010]
Our first recommendation is British Petroleum (NYSE: BP) www.bp.com Last Trade: 52wk Range: Market Cap: 41.52 26.75 - 62.38 130.04B
The likelihood of an overreaction to the spill coupled with the company's considerable resources, BP's stock is looking like a Buy. The stock was meaningfully undervalued when other analysis started recommending a buy 4 months ago. Now it is roughly a third below that already-discounted level. Certainly there are real costs to the spill and so logically BP should be worth less today. However, we don't believe that the eventual cost (particularly when you discount it due to the period of time over which the costs will be realized and account for potential tax credits) will be nearly the $60-some billion implied by the stock's discount. Of course we can also look at how BP is trading