Murphy Analytics Announces Initiation of Coverage on New China Global Inc.
February 11 2014 - 4:52PM
Marketwired
Murphy Analytics Announces Initiation of Coverage on New China
Global Inc.
ST. LOUIS, MI--(Marketwired - Feb 11, 2014) - Murphy Analytics
(MA) has initiated coverage on New China Global
Inc. (PINKSHEETS: NCGI). The Initiation Report contains a
discussion of NCGI's planned business operations, market
opportunity and dynamics, financials, and risks. The
Initiation Report is available at:
http://www.murphyanalytics.com/uploads/NCGI_Initiation.pdf.
About NCGI "We offer a wide variety of services from academic
research papers and dissertations to professional development or
translation services. Our teams of University graduates specialize
in an array of topics and academic research levels to suit the
needs of clients in a myriad of languages."
Analyst Patrick Murphy notes in the report: "While there are
a number of dominant, recognizable players, the market seems to be
sufficiently fragmented and diverse to provide opportunity for a
range of providers and offerings... Rosetta Stone estimates the
online learning market is $80 billion globally, dominated by the
U.S., Japan, Korea, Brazil, the U.K. and Germany... Providing
one indication of the opportunity internationally, China Distance
Learning reported 2.7 million course enrollments in fiscal 2013, an
increase of 22% annually, with 24 million registered users as of
9/30/13."
About Murphy Analytics Utilizing institutional caliber,
fundamental analysis, Murphy Analytics helps readers become more
informed about equities without extensive analyst
coverage. Murphy Analytics LLC is owned by Patrick J. Murphy,
who has nearly 20 years of capital markets experience, providing
institutional investment and transaction analysis across a range of
asset classes including microcap equities, commercial real estate
debt and equity, municipal derivatives and public finance, venture
capital, fixed income, CMBS and mortgage REIT's.
Disclosure: MA was compensated $5,000 by the Company in
advance of the publication of this report. Neither MA nor the
analyst owns or trades the shares of covered
companies. Statements herein may contain forward-looking
statements and are subject to significant risks and uncertainties
affecting results. MA provides no assurance as to the subject
company's plans or ability to effect proposed actions and cannot
project capabilities, intent, resources, or experience. This
report is neither a solicitation to buy nor an offer to sell
securities and is to be used for informational purposes only and
should not be used as basis for investment decisions. MA is not an
investment advisor or broker/dealer and this report does not
provide investment advice.
Contact: Patrick J. Murphy, CFA Email Contact
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