Thursday, April 12, 2012

STOCK PICK OF THE DAY







Prospect of Chinese economic soft landing boosted Chinese stocks' performance today. The featured stock
below, underscores this patternSgoco Group Ltd posted phenomenal gains in intraday trading.

Sgoco Group Ltd (NASDAQ: SGOC)
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2.02 Up +1.29 +176.71%
COMPANY ADDRESS
Sgoco Group Ltd
14/F, Building #4, Beijing Int'l Center
No. 38 East 3rd Ring Road North
Chaoyang District, BEJ 100026
US - Map
Phone: 10-85870170
Fax: 10-85870252
Website 
COMPANY INFORMATION
Exchange:NASDAQ
Stock:SGOCO Group Ltd
Industry:Communication Equipment
Employees:630
DESCRIPTION
SGOCO Group, Ltd. (SGOCO), formerly SGOCO Technology, Ltd., is a branded liquid crystal display solution distributor and designer in the People’s Republic of China. SGOCO engages in the design and distribution of liquefied crystal display (LCD) consumer products, including LCD personal computer (PC) monitors, LCD TV and application-specific products. The Company sells its products via multiple channels, including computer stores, distributors and specialty retailers. It sells its products from six primary branded product lines: SGOCO, POVIZON, No.10, Edge 10, TCL and Founder. In November 2011, the Company sold its subsidiary Honesty Group Holdings Ltd. to Apex Flourish Group Limited.

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