HONG KONG, December 13, 2011 /PRNewswire-Asia-FirstCall/ -- Winland Ocean Shipping Corp. (OTCBB: WLOL), a global shipping Company, is pleased to announce that RAY DIRKS Research has initiated analyst coverage on WLOL with a six months price target at US$1.50.
The report states, "Winland Ocean Shipping, the stock of which sells in the United States for a Market Capitalization of only $76 Million, is likely, in the opinion of Ray Dirks and his team of money managers and security analysts, to quadruple in price within six months to about $1.50 per share, to rise in value by about 10 times to nearly $4.00 per share within 1.5 years."
This research report may be obtained directly from the analyst by contacting Ray, rdirks@nyc.rr.com
The comprehensive report can be obtained from the website at:
http://www.cpreports.com/?p=1608
And also from the Company's IR website at:
http://www.winlandshipping.com/ir/
Description of Winland Ocean Shipping Corp.
Winland Ocean Shipping Corp. is a global shipping company with a fleet of Company-owned vessels, mainly in the handysize and supramax category, engaged in ocean transportation of dry bulk cargoes and chartering brokerage services worldwide.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive services and products, pricing and new technology; changes in customer preferences and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of doing business, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
No securities regulatory authority has either approved or disapproved the contents of this news release.
Contacts: | ||
Winland Ocean Shipping Corp. | ||
Tiger Cai | ||
Investor Relations | ||
Tel: +852-2854-9088 | ||
Fax: +852-2854-9087 | ||
Email: Tiger@winlandshipping.com | ||
Nancy Jing | ||
Chief Financial Officer | ||
Tel: +1-408-833-4588 | ||
Fax: +1-800-779-2319 | ||
Email: nancy@winlandshipping.com | ||
