CCG Investor Relations President Featured on CNBC Asia's Squawk Box
CCG Investor Relations President Featured on CNBC Asia's Squawk Box
Crocker Coulson Interviewed on China's Small Cap Play
NEW YORK and BEIJING, March 19 /PRNewswire-Asia/ -- CCG Investor Relations, a leading global investor relations and strategic communications agency, announced today that Crocker Coulson, president of CCG Investor Relations, was featured in a live interview on CNBC Asia's Squawk Box with Martin Soong at 9:40 a.m. Hong Kong Time, Thursday, March 19, 2009, to discuss the opportunities and perils of investing in U.S-listed Chinese equities.
In response to questions by Martin Soong about the impact of the global recession on small- and mid-cap Chinese companies, Coulson said that the majority of his clients continue to have positive growth outlooks for 2009, are well capitalized, and generate positive cash flow from operations.
Regarding the state of U.S-listed Chinese equities, Coulson said, "Most of our Chinese clients are focused on the domestic market, and also they are the ones who are really thriving right now. Anybody who has significant export exposure is probably feeling a fair amount of pain." H e noted that in Western and Northern China, little has changed. Restaurants and malls have plenty of customers and the chairmen of many of his clients' companies are optimistic and investing for future growth. In addition, Coulson commented that Chinese companies with astute management teams should consider overseas acquisitions if they have strong cash positions and generate positive cash flow from operations.
Coulson has designed and overseen investor relations campaigns for more than 60 public companies, including numerous IPOs, secondary offerings, acquisitions and proxy contests. He has led CCG Investor Relations' national and global expansion, and has fostered the firm's growth into China. Serving clients in a variety of industries, CCG Investor Relations is the largest investor relations agency in China for U.S.-listed Chinese equities.
In the interview, Coulson highlighted that while Chinese companies continue generating profits and are growing at a rapid rate, many are trading at extremely low earnings multiples. In fact, some companies are trading at multiples less than net cash, "presenting historic opportunities to invest in the future of corporate China."
As an example, Coulson cited Genesis Pharmaceuticals, a fast growing, highly profitable pharmaceutical company from Shandong Province, which had approximately $83 million in cash as of December 31, 2008 and generated $26 million in cash flow from operations in the past six months but has a total market cap of only $44 million.
The interview is available to view on CNBC Asia's Web site or by going to the following link: http://www.cnbc.com/id/15840232?video=1065658612&play=1
About CCG Investor Relations:
CCG is one of the nation's leading investor relations and strategic communications agencies. In business for more than 30 years, the agency provides a complete range of investor communications and counseling services to nearly 80 clients across multiple capital markets. CCG has been awarded a number of industry honors for its handling of complex investor relations and crisis communications matters. The agency's corporate headquarters is in Los Angeles with additional offices in New York; Dallas, Texas; Beijing; Shanghai; Shenzhen; Frankfurt; and Tel Aviv. For further information, contact CCG directly, or visit the Company's Web sites at http://www.ccgir.com/ and http://www.ccgirasia.com/ . Also don't miss the China Rising Investment Conference on May 18 at the Yale Club in New York City.
For more information, please contact:
Mr. Crocker Coulson, President
CCG Investor Relations
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Web: http://www.ccgirasia.com/
Karen Ji, Media Associate
CCG Investor Relations
Tel: +1-310-954-1351
Email: Karen.ji@ccgir.com
Source: CCG Investor Relations
CONTACT: Mr. Crocker Coulson, President, CCG Investor Relations at
+1-646-213-1915 or crocker.coulson@ccgir.com; Karen Ji, Media Associate, CCG
Investor Relations at +1-310-954-1351 or Karen.ji@ccgir.com
Web site: http://www.cnbc.com/id/15840232?video=1065658612&play=1
http://www.ccgir.com/
http://www.ccgirasia.com/
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