UPDATE: Murphy Analytics Announces Initiation of Coverage on China HGS Real Estate Inc.

UPDATE: Murphy Analytics Announces Initiation of Coverage on China HGS Real 
Estate Inc. 
ST. LOUIS, MO -- (Marketwire) -- 03/04/13 --  Murphy Analytics (MA)
has initiated coverage on China HGS Real Estate Inc. (NASDAQ: HGSH).
The Initiation Report contains a discussion of HGSH's business
operations, market dynamics, macroeconomic data and indicators,
financial results, potential cash flows, and risks. The Initiation
Report is available at:
Analyst Patrick J. Murphy, CFA, notes in the report: "The China
Center for International Economic Exchanges (CCIEE) forecasts the
urbanization rate in China will increase from 47% in 2011 to 57% in
2020... Both fundamental market dynamics of the Chinese real estate
market and PRC policy create the potential for significant housing
price and stock price volatility in the short term. However, for long
term investors interested in participating in the impact of Chinese
urbanization on the country's Tier III and Tier IV cities, HGSH has
demonstrated an ability to generate revenue and earnings growth and
has reported $0.12 per share in earnings for fiscal Q1 2013 on an
increase of nearly 4.4x fiscal Q1 2012 revenue." 
About Murphy Analytics
 Murphy Analytics is an independent investment
research firm providing coverage of microcap stocks. MA helps report
readers make informed investment decisions about equities without
extensive analyst coverage. MA 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: Neither MA nor the analyst owns or trades the shares of
covered companies. MA was compensated $7,500 in advance of the
publication of this report. 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.  
Patrick J. Murphy
Press spacebar to pause and continue. Press esc to stop.