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Asian Star Development, Inc. (OTCBB.ASTV)
We believe that we have found the company that is going to be the next giant in the China sector. This company is trading in the $4.00 range. They have a top management team dedicated to set the standard doing business in China. We feel that ASTV will be the best stock that anyone can own this year. We are considering ASTV to be a long term hold, with the potential of reaching a share price in the high double digits this year. There have been several news releases for the month of May, with a new release out today June 2, 2000.
Here are a few things you should know about the company:
Business Summary
Based in the revitalized entrepreneurial economy of Hong Kong, the Company?s holdings and products encompass a range of ventures, including high-tech, manufacturing, Internet, entertainment, real estate, leisure, sports, retail and infrastructure projects. The largest Hong Kong companies continue to position themselves strategically in China. Often the positioning is done through unknown subsidiaries and companies controlled not so much by the size of shareholdings but by blood and friendship ties. New World Development, the largest company in Hong Kong, is the largest minority shareholder in ASTV. With the real possibility of China being admitted to the WTO, growth in China can only accelerate. From property development, entertainment, fast food franchising and wireless technology the opportunities are huge. The President, Mr. Stephen Chow, brings to ASTV a unique blend of Western business know-how and experience combined with old Chinese family connections, seldom seen in an entry-lev
el public company.
There are six main reasons for choosing ASTV as an investment vehicle:
- ASTV is the only "pure" China play on the OTC:BB
- ASTV is a fully reporting company and therefore totally transparent.
- ASTV is profitable and debt free;
- ASTV's management is extremely well connected in Hong Kong and China;
- ASTV is connected much deeper with New World Development then the approximate 15% minority shareholding would indicate;
-ASTV is pursuing a full small cap NASDAQ listing as soon as possible.
A full profile along with the company web site, and contacts can be found on our web site stock-doc.com
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Nothing in this profile shall constitute a recommendation to buy, sell, or
hold any securities mentioned herein. Any investments should be coupled with
your own research and due diligence. We take no responsibility for any loss
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