Silver Ridge Resources says oil prices are unlikely to drop below $40 and investors should be looking to buy into energy stocks at current levels. An unscheduled investor alert from Shanghai, China-based investment house Silver Ridge Resources has warned clients that investment opportunities in the oil sector will all but evaporate as oil prices return […]
Silver Ridge Resources: Alibaba To Grow 30% Annually?
Silver Ridge Resources is forecasting a 30% rise in Alibaba’s revenues and earnings as e-commerce uptake in Asia quickens. After revealing revenues and earnings that beat Wall Street analysts’ expectations, Chinese e-commerce colossus, Alibaba Group could grow up to 30% in the next 12 months according to Shanghai-based, technology-focused broker-dealer, Silver Ridge Resources. The firm […]
Silver Ridge Resources Says About Time Amazon Made Some Profit
Silver Ridge Resources says that investors are growing weary of Amazon’s apparent inability to post profits. With Amazon’s disappointing 3rd quarter earnings report still ringing in the market’s ears, analysts at China-based broker-dealer Silver Ridge Resources believe more and more investors will be asking themselves just how much longer they can continue to give the […]
Silver Ridge Resources: SoftBank Commits $100m In Indonesia
Silver Ridge Resources: Japanese internet to mobile communications giant, SoftBank is investing $100 million in Indonesian e-commerce company PT Tokopedia. According to China’s Silver Ridge Resources, Japan-based mobile carrier, SoftBank has announced it is to make a $100 million investment in PT Tokopedia, one of Indonesia’s fastest-growing e-commerce giants. Newly-formed offshoot, SoftBank Internet and Media, […]
Silver Ridge Resources Reports SingPost To Build Logistics Hub
Silver Ridge Resources: Singapore’s premier mail carrier is to spend $145 million on a new logistics center in a bet on a booming future for Southeast Asian e-commerce. According to Shanghai based Silver Ridge Resources, Singapore Post is betting that the nascent boom in South East Asian e-commerce is set to continue and expand and […]