ORLANDO, Fla., Nov. 13, 2009 (GLOBE NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., today announced it has issued a first quarter research update on L&L International Holdings, Inc. (OTCBB:LLFH), a company operating profitable coal mines through its subsidiary, L&L Coal, in China's Yunnan Province.
Neha Bhargava, analyst for RedChip, reported:
"In anticipation of a surge in overall coal production from improved demand forecasts and the continued expansion of the Company's coal mines and coal washing facilities, we are revising upwards our revenue estimates for 2QFY10 and full-year FY10."
Bhargava continued: "We remain confident that the expansion of coal mine production capacity, the start of revenue generation from the Company's coal washing business and coking coal facility coupled with future business growth through new acquisitions will enable L&L to achieve higher growth levels in FY10 and help establish it as an integrated energy player in China. We maintain our Buy recommendation on LLFH stock and are raising our price target to $10.00."
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To learn more about L&L International Holdings, Inc., visit http://www.redchip.com/visibility/investor.asp?symbol=LLFH
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Qingdao, China; Paris, London, Atlanta, Los Angeles and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(TM), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV(TM), and RedChip Radio(TM). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
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Disclosure
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Information contained in the research reports is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. L&L International Holdings, Inc. (LLFH) paid RedChip Visibility, a division of RedChip Companies, Inc., thirty thousand shares of common stock for RedChip Visibility Program services, which included the preparation of this equity research report. RedChip Companies, Inc., is currently engaged by this company to provide investor relations services. RedChip Companies, Inc. receives thirty-five thousand shares of restricted common stock under Rule 144 for six months of these services. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein. This report is not a recommendation of a solicitation to purchase or sell any security, nor does it constitute investment advice. To the fullest extent permissible under applicable law, RedChip Companies, Inc. will not be liable to you or anyone else for the quality, accuracy, completeness, reliability, or timeliness of this information.