Press Release Summary = KB Home, Beazer Homes, International Barrier Technology and Puda Coal Evaluate Building Sector
Press Release Body = HomebuilderStocks.com Presents: A Look Inside both China and North America's Construction Industries
KB Home, Beazer Homes, International Barrier Technology and Puda Coal Evaluate Building Sector
POINT ROBERTS, WA, Delta B.C. - February 28th, 2006 - www.HomebuilderStocks.com, and www.China-AsiaStocks.com, investor and industry sector portals under the InvestorIdeas.com content umbrella, present "A Look Inside both China and North America's Construction Industries", a snapshot of current market sentiment with respect to housing projections over the coming year. Despite the recent 5% decline in new home sales, sources say that retailers will remain strong amidst the fluctuations. Context for today's current situation is provided by fire resistant building materials firm International Barrier Technology, Puda Coal, Inc. a Chinese coking coal supplier for the steel industry, with market comments from Beazer Homes as well as KB Home.
Michael Huddy, Director and President of International Barrier Technology Inc. ("Barrier") (OTCBB: IBTGF) comments that overall, "starts are going to plateau, but at a healthy rate in the industry." Considering how well things have been moving, he considers this period to be a time where many in the industry can "catch their breath," but that the plateau isn't a discouraging sign. Justin Davis, vice president of Keating Investments, North American representatives of Puda Coal Inc. (OTC BB: PUDC), offered that between China's steel and construction industry, "The two are inextricably linked. The demand and consumption of steel is heavily dependant on the construction boom. Davis related China's GDP growth rate to steel and coal over the past decade and commented with respect to GDP growth that, "within the last three years, it has been being explosive." In their annual report for 2005, KB Home (NYSE: KBH) asserts that, "Although the homebuilding business can be cyclical, it has not experienced a downturn in many years. Some have speculated that the prices of new homes, and the stocks prices of companies like ours that build new homes, are inflated and may decline if the demand for new homes weakens." Ian McCarthy, CEO of Beazer Homes (NYSE:BZH) announced in a company conference on January 19th, 2006 that, "While we're seeing a moderation in the overall housing market from the explosive growth of the last several years, we continue to believe there are significant opportunities for us to obtain market share gains in the near term and we continue to be very optimistic about the long term fundamentals of the home building industry." To Read "A Look Inside both China and North America's Construction Industries" in Full Click Here: http://www.HomebuilderStocks.com/Articles/ConstructionIndustryOverview.asp
Featured Companies: (HBS is compensated by International Barrier and Puda Coal as disclosed in disclaimer.)
International Barrier Technology Inc. (IBTGF: OTCBB) develops, manufactures, and markets proprietary fire resistant building materials branded as BlazeguardŽ. Barrier's award-winning BlazeguardŽ wood panels use a patented, non-toxic, non-combustible coating with an extraordinary capability: it releases water in the heat of fire. The panels exceed "model" building code requirements in every targeted fire test and application, and are unique in combining properties that increase panel strength and minimize environmental and human impact. BlazeguardŽ provides Barrier's customers a premium material choice meeting an increasingly challenging combination of requirements in residential and commercial building construction. BlazeguardŽ customers include four of the five top homebuilders. www.intlbarrier.com
For more information on International Barrier, click here: http://www.investorideas.com/Companies/IntlBarrier/Default.asp
Puda Coal, Inc. (OTCBB: PUDC) through its affiliates and controlled entities, supplies premium grade coking coal to the steel making industry for use in making coke. The Company currently produces 1.5 million metric tons of cleaned coking coal annually, and management believes it is one of the largest suppliers of top grade coking coal in the Shanxi province of China. Shanxi province provides 20-25% of China\'s coal output and supplies nearly 50% of China\'s coke. www.Puda-Coal.com
For additional information on Puda Coal, Inc., click here: http://www.china-asiastocks.com/CO/PUDC/Default.asp or to view their short corporate video, click here: http://www.impactmovie.com/puda_coal/
About our Homebuilder Portal: www.HomebuilderStocks.com is an investor and industry news portal for the home building sector within the InvestorIdeas.com content umbrella. The HBS website does not make recommendations, but offers a unique free information portal to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.
For our list of companies participating in the home building industry click here: http://www.homebuilderstocks.com/Companies/HomebuilderStocks/HomebuilderStockList.asp
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InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Our sites are currently compensated for by its \"featured companies.\" Puda Coal, Inc. (OTCBB: PUDC) Four thousand dollars per month. International Barrier Technology, Inc. (IBTGF: OTCBB) Three thousand dollars per month.
For more information contact: Dawn Van Zant 800.665.0411, Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com Web Site: www.InvestorIdeas.comT
Source: HomebuilderStocks.com, International Barrier Technology Inc., KB Home, Beazer Homes, Puda Coal Inc.
Web Site = http://www.homebuilderstocks.com
Contact Details = For more information contact: Dawn Van Zant 800.665.0411, Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com Web Site: www.InvestorIdeas.comT