Asia Time Corporation, a Chinese timepiece manufacturer, was featured in a trade alert issued today by Beacon Equity. The stock has traded from $4.50 to over $5.00 in just a few sessions, with indicators pointing toward a continuation of momentum.

The company’s first quarter financial results were impressive, showing a marked improvement across the board, as compared to those of a year ago. Revenues hit $36.8 million, with a net income of $2.4 million, greatly superseding last year’s Q1 revenues of $21.1 million, and net loss of $193,000.

With a market cap of a mere $126.8 million, Asia Time Corporation is a subject of intrigue for many investors, and appears to be building strength as a company at an alarming rate. According to the Beacon Equity report, “The company attributes the increases to a portfolio of diversified products with higher selling prices, flexible and extended credit terms, and a targeted

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LFC tripled its net profits in 2007, gaining most from the rise of equity markets, however the capital market downturn in 2008 has significantly shrunk LFC’s net profits. This has made LFC’s generic growth a key determinant to its prospects. In 2008, LFC generated a considerably increased premium income as a result of promotion of participating products and increased demand for insurance protection. This can be due to increasing awareness of insurance protection after consecutive occurrence of the natural disasters.

In addition to the limited negative impacts of the earthquake, combined with a concern about the uncertainly of equity market performance, and we recommend...(you have to subscribe)

1. Strong Share Market as the main driver of the Tripled 2007 Profit

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After a large run up in Q1 of this year Agriculture related commodities pulled significantly. Its not uncommon for futures to take a dive after such a large run up. However, a few short months later agriculture commodities are at it again. Check out the chart of DBA: Right side of this chart is quite compelling has buying interest has shown up in recent weeks. With talk increasing about inflation and what the FOMC will do to combat it will certainly bring attention, once again to agriculture related commodities. Speaking of inflation and FOMC the dollar has been on a tear as of late. Ben Bernanke has recently been taking a stand regarding the stance the FOMC is taking. This certainly helps the dampen the fear that the market will continue to have an oversupply of dollars. The next ...

MyECheck Inc. (OTCBB: MYEC) announced today that it has signed on a new client, Unlimited Furniture, and will be providing the company with its comprehensive suite of electronic check processing services. The accord will give Unlimited Furniture customers the ability to use their checking accounts as an alternative way to pay for products.

MyECheck’s unique patent pending software is able to debit any U.S. checking account, including those that ACH cannot debit, enabling online merchants to expand their potential marketing base to more consumer and businesses. The process doesn’t require a physical check and adheres to the Check 21 specification.

“The US Department of Commerce released retail e-commerce sales data recently showing that online sales grew by 13.4% during Q1 2008 over Q1 2007,” commented Ed Starrs, CEO of MyECheck. “Combined with an increase in the use of electronic check payments, we expect our services to

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Aaron Katsman IsraelNewsletter.com I posted yesterday about how a strengthening US Dollar could potentially benefit Israeli stocks that trade in the US. I was asked by some readers how come I think that the USD is poised for a rally? The answer…FIFO. FIFO is an accounting term that stands for ‘first in first out.’ With the global economy on the skids, the US was the first country to start having problems and with a vigilant Fed at the wheel, I think the US will return to normal growth in the next 6 months. After all, no recession occurred. The US has had no negative GDP growth quarters, and actually had a surprisingly good 0.9% GDP for Q1. Europe on the other hand, is just starting to show signs of a slowdown. I have heard analysts predicting a potential contraction of over 2% in European growth. That certainly ...

How booming is Macau? Macau’s
GDP skyrocketed by an amazing 31.6% in Q1, compared to the same period a year
earlier. Plus, it is much higher than the 22.1% growth in Q4 of 2007. That booming growth will certainly translate
into huge profits for the Macau casinos,
including The Sands and the new Macau Venetian casinos

Credit market turmoils spread all over. I list major 4 major banking cases occurred in Europe due to subprime meltdown.The largest Swiss bank UBS (UBS) writedowns almost 33 bln CHF in last 2 quarters. Shareholders approved capital increase by 15 bln CHF. Already second capital hike after 13 bln CHF from two foreign sovereign wealth funds. Shares price YTD down by 33%.Credit Suisse (CS) faced first quarter losses in last 5 years (1Q 2008 with loss 2,15 bln CHF). For the same quarter in 2007 company made profit 2,7 bln CHF. From the beginning of year shares price fell down by 11% and market capitalization is now 62,6 bln CHF.Royal Bank of Scotland (RBS) lost 5,9 bln GBP. In addition to subprime losses bank admits another bad investment decisions. Mainly acquisition of ABN Ambro ...

JoJo writes: "Now that Citigroup has posted its first quarter earning for 2008, do you still stand by your original analysis, or you think you have to revise it?" Thanks for getting my butt in gear for the update I promised, JoJo. As many of you may know, Citigroup (C) reported a loss of $5.1 billion in the first quarter, which hardly makes it easy to figure out what a more "normal" quarter would look like for them. While the losses and writedowns did go down in Q1, versus Q4, there is still plenty of cloudiness in Citi's results. Nonetheless, there is no point in shying away from digging through the numbers, even if they are complicated, which is why I even bothered writing about Citi in the first place. The first thing I did was update my spreadsheet showing Citi's quarterly income results by segment going all the way back to 2007. This ...