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Enter Symbol:
 
Chemspec International Limited (CPC) [hlAlert]

Rating:
Outperform
CPC
down 5.66 %

Chemspec International Limited (CPC) rated Outperform with price target $9 by Oppenheimer

Posted on: Thursday,  Sep 23, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Chemspec International Limited (CPC) on 09/23/2010. Previously Oppenheimer rated Outperform Chemspec International Limited (CPC) on 08/27/2009., when
the stock price was $8.48. Since then, Chemspec International Limited has lost 5.66% as of 08/18/2011's recent price of $8.00.
If you would have followed the previous Oppenheimer's recommendation on CPC, you would have lost 5.66% of your investment in 721 days.

Chemspec International Limited (Chemspec) is a China-based contract manufacturer of engineered specialty chemicals. The Company manufactures specialty chemicals, which are engineered chemicals used as building blocks in the manufacture of advanced chemicals or to enhance the performance of the end products manufactured by its end users in various industries, including electronics, pharmaceuticals and agrochemicals. In manufacturing specialty chemicals for its customers, the Company also provides process design and process development services. Chemspec sells its specialty chemicals directly to end users that incorporate them into their products and to trading companies that then sell its products to final end users. It also assists certain of its long-term customers to source specialty chemicals from other producers in China. On February 2, 2008, the Company acquired 80% interest in Jiangsu Wei Er Chemicals Co., Ltd. (Jiangsu Wei Er).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2010 8:25 AM Buy
None
6.19 9.00
as of 12/31/2010
1 Week up  3.76 %
1 Month up  4.05 %
3 Months up  24.00 %
1 YTD up  13.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2010 8:25 AM Buy
None
8.97 11.00
3/12/2010 8:25 AM Buy
None
7.59 9.50
8/27/2009 8:25 AM Buy
None
8.48 11.00

(*) Stock Price at the time of the recommendation.
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