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India Globalization Capital Inc (IGC)

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Last Post: 9/1/2016 9:31:58 AM - Followers: 82 - Board type: Free - Posts Today: 0

India Globalization Capital (Amex: IGC)

http://www.prcironman.com/en/

 

SEC Filings

Press Releases

Ram Mukunda, CEO of India Globalization Capital, said, "We are pleased to report profitability this quarter due to our considerable efforts to realign and focus our equipment, processes, and people on the iron ore mining business, cut costs from unprofitable construction contracts, and renegotiate or extinguish expense liabilities and debt. Our revenues for the quarter rose dramatically to nearly $4 million and we achieved earnings of $0.01 per share."

Mukunda added, "We are now filling orders from our Chinese customers through our trading operations. We expect to increase this activity as we expand our suppliers beyond India and China. In the future the lower margin trading business is expected to transition to higher margins as we supply high-grade iron ore from our beneficiation plants. As reported in Bloomberg, in September, 2012 China approved $158 billion for infrastructure as part of a stimulus plan that is expected to boost the demand for commodities. Iron ore prices have started to recover from their lows of $86 per ton in September 2012 to around $125 per ton. We have about $500 million of iron ore deposits, four mine sites, and three beneficiation plants. Our short term strategy is three pronged: 1) start supplying high grade iron ore from our beneficiation plants, 2) expand the supply chain for raw materials beyond India and China, and 3) actively look at consolidating more mines in the Inner Mongolia region that can be accretive to the Company."


 

Daily Chart:

 

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IGC
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SureTrader
IGC News: IGC Update On Genting Highlands Project 09/19/2016 08:00:00 AM
IGC News: IGC Announces Financial Results for Quarter Ended June 30, 2016 08/17/2016 08:00:00 AM
IGC News: Quarterly Report (10-q) 08/16/2016 04:25:09 PM
IGC News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/15/2016 05:07:15 PM
IGC News: IGC Acquires 10% Stake in 1,000-Room Luxury Hotel Development Project in Genting Highlands, Malaysia 08/04/2016 08:00:00 AM
PostSubject
#4967   IGC has trapped me before. Beware buyer!!! denben90 09/01/16 09:31:58 AM
#4966   I know right right now they waiting till denben90 09/01/16 09:29:37 AM
#4965   Nobody know. denben90 09/01/16 09:25:45 AM
#4964   Does anyone here even know what type of Smilin_B 08/25/16 03:04:37 PM
#4962   BS, they applied to dump $10 million worth Sprycel 05/23/16 11:22:11 AM
#4961   Let's see $1.00 blindjohn 05/23/16 11:17:15 AM
#4960   PRIN'S HAS BEEN SELLING ALL HIS SHARES! Sprycel 05/12/16 02:39:50 PM
#4959   What ??? Why, what's HAPPENING with/in and nowwhat2 04/29/16 01:24:59 PM
#4958   One day after I post what the hell Sprycel 04/29/16 01:18:57 PM
#4957   Only sellers now are those who made the Sprycel 04/28/16 12:48:33 PM
#4956   Nothing but manipulation on this stock with all Sprycel 04/28/16 10:03:40 AM
#4955   Nothing but manipulation on this stock with all Sprycel 04/28/16 10:03:39 AM
#4954   IGC is a global leader - I imagine nowwhat2 04/25/16 01:31:28 PM
#4953   $IGC Why the sell off here.. Down more Knowntobe 04/18/16 12:03:40 PM
#4952   I agree. Those who are unwilling to adapt surfer44 04/17/16 01:33:00 PM
#4951   not sure it matters for the chart really stocktrademan 04/17/16 01:20:29 PM
#4950   How does a company go from being an Smilin_B 04/16/16 10:50:13 PM
#4949   $IGC recent news/filings stocktrademan 03/24/16 12:08:55 PM
#4948   Agreed Mr-Meeseeks 03/23/16 09:20:44 AM
#4947   IGC is a SCAM company Smilin_B 03/22/16 10:04:08 PM
#4946   Bag-holders didn't sell.Loser will always be loser. denben90 03/15/16 12:54:38 PM
#4945   .65 a great place to load at! 3 Mr-Meeseeks 03/15/16 11:33:39 AM
#4944   Good day here folks. I'm loving this play go2sleepjj 03/15/16 12:41:24 AM
#4943   Up 40 percent today... nowwhat2 03/14/16 03:14:30 PM
#4942   IGC landing solid contracts Mr-Meeseeks 03/14/16 12:26:21 PM
#4941   Sweet move the last few days. LexTrader 03/14/16 12:16:00 PM
#4940   $IGC: up again today. 0.54 now marirstk 03/11/16 09:43:13 AM
#4939   I thought you said $1.25? I really Sprycel 03/10/16 10:59:14 PM
#4938   $IGC: 0.48 marirstk 03/10/16 10:47:09 PM
#4937   Good eye myte nowwhat2 03/09/16 12:19:37 PM
#4936   $IGC: Target 1.25$ marirstk 03/09/16 11:01:45 AM
#4935   $IGC recent news/filings stocktrademan 03/09/16 09:57:35 AM
#4934   $IGC: Target 1.25 blowing out marirstk 03/09/16 09:41:10 AM
#4933   $IGC: breakout marirstk 03/04/16 03:37:06 PM
#4932   $IGC: Target 1.25$ Volume is picking up. marirstk 03/03/16 09:52:00 AM
#4931   $IGC: watch 0.30 level breakout. Will run very quick. marirstk 03/01/16 11:42:32 PM
#4930   $IGC: Volume is very good. Breakout might be around. marirstk 03/01/16 11:41:47 PM
#4925   $IGC 6 Months Analysis For Review http://www.stockt $Pistol Pete$ 02/19/16 05:45:13 PM
#4924   Nothing Ram does is for investors, nothing. denben90 02/18/16 02:29:27 PM
#4923   23000 shares at .23. That's why stock can't denben90 02/18/16 09:47:57 AM
#4922   8k filing http://ih.advfn.com/p.php?pid=nmona&article=70401787&symbol=IGC LexTrader 02/17/16 08:25:58 AM
#4921   It's been over a year,and it doesn't seem denben90 02/12/16 10:02:17 AM
#4920   Guys, 96 shares trade for the whole day denben90 02/04/16 04:18:01 PM
#4919   That's how he does businness. He feels denben90 02/03/16 12:04:05 AM
#4918   I concur... Have spoken to him many times... Knowntobe 02/02/16 09:56:42 AM
#4917   You see guys, nobody has interest in IGC, denben90 01/22/16 02:29:11 PM
#4916   That piece of shit, Ram Mukunda, doesn't give denben90 01/20/16 09:37:13 AM
#4915   And today someone wants to invest $22.5k in kukadu 01/07/16 09:03:15 AM
#4914   Someone is dumping 462,200 shares. Look at the denben90 01/05/16 11:59:35 AM
#4913   I banked on this steaming pile of poo Smilin_B 01/04/16 11:58:39 PM
PostSubject