SOURCE: Stock Market Alerts

May 04, 2010 08:35 ET

Trade Alert: China America Holdings -- May 4, 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts LLC.

MIAMI, FL--(Marketwire - May 4, 2010) -  Stock Market Alerts' performance stock list includes: China America Holdings (OTCBB: CAAH), GE (NYSE: GE), Ford Motor Company (NYSE: F) and Apple Inc. (NASDAQ: AAPL).

Yesterday after the markets closed China America Holdings (OTCBB: CAAH) issued a press release announcing its financial outlook for its fiscal year 2010 ending September 30, 2010.

As a result of overall improvement in the Chinese economy, and continued growth of the middle class in China, the market demand for our refrigerant products has been rising significantly. Additionally, management sees the first 8,000 metric tons of processing capacity at its newly constructed production facility in Tianjin will begin generating revenue in the second half of 2010 and when fully operational, it will be capable of adding additional revenue into 2011 and beyond.

Taking these factors into consideration, management sees a significant improvement in its overall operations for the remainder of fiscal 2010. Management sees revenue at its Shanghai Aohong subsidiary exceeding $50 million for the fiscal year of 2010 with net income of $1.5 million. At the holding company level, accounting for its 56% ownership of Shanghai Aohong, management also expects overall net income to range between $500,000 and $700,000.

Mr. Shaoyin Wang, CEO of China America Holdings, commented, "We continue to see strong sales momentum in our 2nd quarter as compared to the same period a year ago, and we believe our business is benefiting from a number of macro-economic factors. As we look out into 2010 and beyond we see continued improvements as China begins to mandate the use of environmentally friendly refrigerants macro environmental factors. Our facilities in Shanghai and Tianjin are already geared for this transition which we believe will provide us with a significant advantage over our competitors further fueling our growth and overall margins into 2011. We are very excited about our company's prospects for growth for the remainder of fiscal 2010, and are committed to increasing our top and bottom line for the benefit of our shareholders."

The stock closed yesterday at around Three cents a share.

For an in-depth profile of China America Holdings, visit: http://www.wallstreetenews.com/view-company-profiles.php?profile=CAAH_050310.

To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.

GE (NYSE: GE) up 2.1% on 60.1 million shares traded.
GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, medical imaging, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

Ford Motor Company (NYSE: F) up 2.1% on 106.4 million shares traded.
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents.

Apple Inc. (NASDAQ: AAPL) up 2% on 16.2 million shares traded.
Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

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