SOURCE: NewMarket China, Inc.

January 03, 2008 12:10 ET

NewMarket China, Inc. Attracts Fair Value Target Price of $0.83 vs. Recent Close of $0.11

DALLAS, TX--(Marketwire - January 3, 2008) - Research coverage of NewMarket China, Inc. (OTCBB: NMCH) has been initiated by Micros Report Director of Research Michael Willingham. With three years of operational history in mainland China and roughly $90 million in aggregate revenues, NewMarket China is an interesting young company that is proving its high growth business model in a high growth geographic area. The company was formed in 2005, setting its sights on the technology industry and the upshot potential in China specifically.

The Fair Value Target price for NMCH of $0.83 was established using a peer comparison study and widely-accepted valuation methodologies including Price-to-Earnings, Price-to-Book, and Price-to-Sales. In analyzing the company, the report includes the following details:

--  "The three commonly used valuation methods discussed above all point
    to an undervalued NMCH stock. This is greatly due to the fact that the
    company only has 26 million shares issued and outstanding.  Without a
    significant amount of dilution to the value of the company through
    excessively issued shares, the fair value of each share of the company
    should retain a higher price."
--  "The price of NMCH shares should rise as more trading volume comes
    into the stock and more of the investing public is made aware of the
    attractive valuation and investment opportunity."

The report is available under the Media Center page under "Recent Analyst Report - NewMarket China" at Interested parties may also access the report by going to the homepage later today.

Please see important disclosures at the end of the report.

About NewMarket China, Inc. (

NewMarket China, Inc., through its subsidiaries, provides technology and telecommunication services in the People's Republic of China, and maintenance services in the United States. It offers consulting, development, implementation, and maintenance of technology systems, which include software and peripherals for computing, communication, and data exchanges related to general business application, as well as specialty fields of medical, security, military, and homeland defense applications. The company also involves in the prototype development of security systems and original equipment manufacturer sourcing for the production of hardware.

In addition, NewMarket China engages in the distribution and value added reselling of software and hardware products, including Chinese and foreign brands, such as Hewlett Packard, Sony, and IBM. Further, it develops and distributes Chinese entertainment content using MV3, a proprietary software and hardware; and operates as a consultant to enable the establishment of a franchise network for MV3 systems outside China. The company is based in Dallas, Texas. NewMarket China, Inc. is a subsidiary of NewMarket Technology, Inc.

About Micros Report

Micros Report is a web-based investment research company providing qualitative and quantitative analysis of the small cap investment universe. Director of Research Michael Willingham provides the necessary information to trade intelligently in the small cap market. Mike has a background in professional money management and has passed the required tests to be recognized by the NASD as a Supervisory Research Analyst. He brings this investment know-how to his audience every trading day.

At, investors and traders sign-up to receive the exclusive newsletter, view research reports and associated videos, Daily Update video-on-demand clips, along with Market 101 videos educating the investing public. Interested parties can also chat live with Michael Willingham and the interactive trading community every day at the Micros Report homepage.

Contact Information

  • Contacts:

    Micros Report
    Mike Willingham

    NewMarket China, Inc.