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Thursday, April 12, 2007

Universal Travel Group (UTVG.OB) - UPDATE

On April 1, 2007 Smarttrades did a report on Universal Travel Group, and its future prospects. We feel the company has huge potential and operates in a high growth sector...Chinese Domestic Travel, and with the 2008 Olympics and the World Fair coming up domestic travel in China should continue to increase. The company will be releasing Q1-07 earnings later this month, and it is expected to be positive, and if the market responds as you would expect then the company's stock should continue to climb. The stock was up nearly 16% today closing at $2.05 up from a $1.74 when Smarttrades first covered the company.

There are obviously risk factors associated with this stock as it trades for less than $5.00 and has far less liquidity than other stocks, however, as previously reported the company is in the black and expects $.19 cents per share earnings in 2007 up from $.08 cents per share in 2006.

See original in-depth analysis here...UTVG Original Analysis

We welcome all reader comments and hope that everybody can learn from each other. Please post your comments to this update.

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