PRINCETON, N.J., March 8, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of select Asian energy stocks, including coverage of PetroChina (NYSE:PTR) and Sinopec (NYSE:SNP)
FindProfit examines how explosive growth in China and India will affect Asian energy names, including coverage of CNOOC (NYSE:CEO) and Berkshire Hathaway (NYSE:BRKa).
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FindProfit's outlook looks at the following questions:
-- A recent public offering from Indian energy firm ONGC reversed the Bombay Index's recent downturn and brought about rumors that Warren Buffet's BRK would make a major investment like the firm did with PTR. Is there any truth to the rumor? Are Indian energy stocks about to explode like Chinese names did in 2003?
-- Will the Indian government continue to float public offerings of energy names and if so, how will it affect liquidity?
-- Is BP's recent divestiture of stakes in PTR and SNP a "tell"?
-- Can Asian energy firms keep up with production demands or will Western oil companies be the real winners in the region?
-- Are Chinese oil companies like CEO and PTR valued appropriately when compared to Western peers?
-- Will India's growth occurring simultaneously with China's help to push valuations up for Asian energy names?
AND MORE
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