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happens when investors expect more from company
Great press releases, i dont get it, shouldnt be dropping
That over 700% from current pps
Was trading over 1.80 6 months ago
agree, and extremely oversold
Even with 400-500k shares it'll bounce hard
gonna blow up with a few millions shares traded
Outstanding Shares
25,145,125
08/12/2022
Yup as soon as we bounce on volume watch all the nasdaq wolves to come in and push higher
nasdaq stock, more watchers, audience
Expecting easy triple here can't go wrong at current price
"By incorporating Maison Gaucho™? into the Gaucho - Buenos Aires®? brand architecture, we see this as an opportunity to expand Gaucho's reach into other retail and experiential categories, thereby building stronger bonds with our existing customer base as well as reaching a broader range of potential customers and new niches," said Scott Mathis, Gaucho Group Holdings 's Founder, Chairman and CEO. "We are intent on elevating Gaucho to the status of being a world recognized brand. As we continue to introduce Argentina DNA to the Unites States, such as our newly opened flagship store in Miami's Design District, as well as our upcoming Las Vegas project that would expand the Gaucho brand in ways that could include opportunities in lodging, hospitality, retail, and gaming, our plan for Gaucho's future is an ever-growing and evolving business. Please stay tuned as these and other opportunities unfold."
it's under accumulation daily slowly
Gaucho - Buenos Aires®? embodies the spirit of Argentina -- its grand history, its folklore and its revival as a global center of luxury. Inspired by the sophisticated elegance of the great European maisons, Gaucho - Buenos Aires™? is also rooted in the traditions of native, nomadic culture. With its ambitious couture, ready-to-wear and high-street fashion offering, this is the brand in which Argentine luxury finds its contemporary expression.
Maison Gaucho™? is the high design, high style component of the Argentina luxury fashion brand Gaucho - Buenos Aires™? (GAUCHO.com). The line offers unique, handmade pieces showcasing elevated looks for style conscious people who value being fashion forward. Founded by entrepreneur Scott Mathis and headed up by Argentine Creative Director Lautaro De la Peña, Gaucho - Buenos Aires®? blends the quality of a bygone era with a sophisticated, modern, global outlook. The brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label.
Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods & accessories, today announced its trademark application for MAISON GAUCHO™? has been approved to move forward toward registration. The U.S. trademark application includes hospitality and gaming industries such as Casinos, Hotel accommodation services, Restaurant services, Bar and cocktail lounge services, with pending applications slated for additional categories.
Gaucho Group Holdings, Inc., through its subsidiaries, invests in, develops, and operates real estate projects in Argentina. The company owns and operates boutique hotel, hospitality, and luxury vineyard property market; a resort and winery property, 9-hole golf course, tennis courts, dining, and a hotel. It also manufactures and sells leather goods, ready-to-wear and fashion products, and accessories through e-commerce platforms. The company was formerly known as Algodon Group, Inc. and changed its name to Gaucho Group Holdings, Inc. in March 2019. Gaucho Group Holdings, Inc. was incorporated in 1999 and is based in Miami, Florida.
Right at the bottom line guys
i doubt there is more downside, low volume, no sellers around at all
easy 400-500% from here peanuts
52 wk range: 0.19 - 4.93
Algodon's Chief Operating Officer, Sergio Manzur Odstrcil, commented; "Due to the current USD to Peso conversion rates and its effect on labor and some materials costs, we are seeing historic lows in building costs-at values we have not seen in 30 years, so now is the time to build. We estimate it may cost approximately USD 650 per sq m (USD 60 per sq ft) to build these commercial business centers which, when combined, total approximate 2150 sq m (23,142 sq ft). We believe with the potential rental income we could make back our building costs in a matter of just a few years."
"Argentina's challenging economic environment certainly has its negatives, but it can also provide extraordinary opportunities. It may serve us well to build in Argentine pesos, at the equivalent of USD 70 per sq ft-which includes paying labor in the devalued peso, and then further benefit from that scenario by leasing those properties in U.S. dollars. Our goal and model is to attempt to ‘produce in pesos, then sell in USD' as much as we can. We believe we can duplicate this same model throughout Argentina's biggest cities, such as Córdoba as well as Buenos Aires, for which we've already targeted multiple prime locations. One of our biggest strengths may ultimately be having the ability to leverage opportunities such as this because of our local, on-the-ground experience. Over the next 36 months, our goal is to invest 30 million USD under this same scenario. We are excited about the long-term opportunities this model may provide."
Scott Mathis, CEO & Chairman of Gaucho Holdings commented, "We've already secured our first tenant (a well-known, multi-unit business that has demonstrated a long operating history in Argentina) with a ten-year lease at our San Rafael location. As part of the same property that is yet to be developed, there's an adjacent area on which we intend to build a two-floor business center and commercial marketplace containing six units on the ground floor and two units on the top. Similarly, at our Córdoba property, we intend to develop a two-floor business center and marketplace containing four units on the ground level and five units on the upper level. As both these locations offer ample customer parking, generally a rare feature in Argentine cities, we believe we can set a premium on rental asking prices. Additionally, when we factor in an estimated inflationary increase annually, the numbers year-over-year may be significantly higher. We believe the valuation of the real estate was temporarily lowered because of the Covid crisis, which could allow for substantial appreciation in the years ahead."
As previously announced, last year the Company purchased land holdings in Argentina in an all-stock transaction valued at approximately $2.4 million. One of the property lots is located in the San Rafael, Mendoza region of Argentina, and the other is located in the country's second largest city of Córdoba, with the estimated fair market value of the combined properties totaling approximately $2.4 million. Both properties are also located on major thoroughfares, seeing significant foot and street traffic, and both with ample parking, a feature considered a rare benefit in Argentine cities.
$VINO Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company"), today announced the formation of Gaucho Development SRL, an Argentine holdings company slated to develop the Company's recently acquired land holdings in the commercial and business districts of San Rafael, Mendoza and Córdoba. The Company estimates potential rental income of more than USD 260,000 annually, once development is complete.
better load this is going over a dollar soon
$VINO Live on the Emerging Growth Confernce in 30 min.
The Registration link is here:
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$VINO Live on the Emerging Growth Conference Tomorrow
View from anywhere
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Gaucho Group: A profitable trade in any language!
hahaha, good one. Ya got me,
Service around here is really going downhill!
Periodically I post the pre-split closing PPS so that readers can correlate to the post-split price. Since the VINO board is a quiet board I didn't bother......perhaps I should have.
No idea, otherwise.
What was VINO price before the reverse split. How many shares outstanding now? I'm confused on this.
Thanks
VINO moved to the Nasdaq from the OTC:
https://otce.finra.org/otce/dailyList?viewType=Deletions
VINO one for 15 reverse split.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
News Out - Algodon Fine Wines Continues Roll Out of its Portfolio of Award-Winning Malbec Wines at The Noble Grape
Press Release | 10/10/2019
Chicago Retailer Now Features Algodon's Portfolio of Malbec Wines and Announces Upcoming Launch Event in October
NEW YORK, NY / ACCESSWIRE / October 10, 2019 / Algodon Fine Wines (OTCQB: VINO), a premium wine brand from the San Rafael, Mendoza wine region of Argentina, has continued its U.S. rollout of premium Malbec and Malbec-based wines with The Noble Grape, a leading wine and spirits merchant, who brings Algodon's portfolio of award-winning Malbec wines to Chicago.
Algodon Fine Wines will host a special wine event at Folklore Argentine Restaurant at 2100 W Division Street in Chicago to celebrate the launch on Thursday, October 24, 2019. In conjunction with the launch of Algodon Fine Wines with The Noble Grape, the store is offering a special introductory sale on Algodon's wines for a limited time. For more information and to order your favorite Algodon Fine Wines, please visit www.noblegrape.net.
Located in the Noble Square neighborhood in West Town, The Noble Grape offers a hip, boutique wine shop in a casual, comfortable setting with a unique wine selection and moderate pricing. Their "sophisticated, approachable" wine philosophy and "service first" approach appeals to the smart, eclectic consumer.
"We are excited to see our wines now available in Chicago, and we are proud to be featured at The Noble Grape," said Scott Mathis, Algodon's Founder, Chairman and CEO. "We look forward to working with their experienced team to continue the roll-out of our award-winning portfolio in Illinois."
"We are pleased to include Algodon's exceptional portfolio of Fine Malbec Wines and blends at our stores," said Alex Basich, proprietor of The Noble Grape. "We believe Algodon's combination of premium quality and great value to be a great fit for our loyal clients whom we cherish."
Algodon Fine Wines, founded in 2007 and with vineyards dating back to 1946, is one of the most exciting and dynamic wine brands emerging from Argentina. Located in San Rafael, Mendoza, Algodon produces a full range of premium wines from land holdings that include noted parcels of pre-phylloxera vineyards dating back to the 1940s.
Algodon's premium wines have received a number of top awards and ratings from the world's foremost tasting competitions including Gold Medals from the prestigious Global Masters Wine Competition, comprised of master sommeliers.
Algodon's Black Label Reserves represent the best selection from Algodon with 100% microvinified blends whose low yield produces full concentration of fruit and flavor.
Algodon's complete portfolio of fine wines is currently available in distinguished wine bars, wine shops, restaurants and hotels in Buenos Aires, Mendoza, Germany, Switzerland, Guernsey, U.K., the Netherlands and the United States.
About The Noble Grape
Good Juice. Good Price. The Noble Grape is a hip, boutique wine shop in a casual, comfortable setting with a unique wine selection and moderate pricing. Our "sophisticated, approachable" wine philosophy and "service first" approach appeals to the smart, eclectic consumer from our neighborhood - Noble Square in West Town. This philosophy and approach is also brought to our extensive craft beer & spirits collection, which rotates weekly. Additionally, we offer classes and free tastings to complete the overall wine experience!
About Algodon Fine Wines
Algodon Wine Estates is a boutique Mendoza winery located in the beautiful foothills of the Sierra Pintadas, in the southernmost region of Argentina's wine capital. Fed by the purest meltwater from the glacial Andes, our 325 acres of vines go back as far as 1946 and produce exceptional fruit on sandy and clay loam. Algodon Fine Wines are handcrafted by the brilliant winemaker Mauro Nosenzo, who is advised by Master of Wine, Anthony Foster. Our goal is to produce premium wines utilizing ecofriendly, organic inspired approaches, combined with the best modern winemaking technology. Brought together by Scott Mathis and his partners, Algodon Wine Estates' renowned winemakers bring decades of experience, as well as craftsmanship and tradition that have been passed down for generations. Visit AlgodonFineWines.com. Algodon Fine Wines is a wholly owned subsidiary of Gaucho Group Holdings, Inc. (GGH), which also owns and operates a growing collection of luxury including Gaucho - Buenos Aires, an e-commerce luxury fashion and leather accessories brand that offers buyers around the world some of Argentina's best fashion and apparel items, including what the county is already well-known for: quality leather goods and accessories. Gaucho Group Holdings, Inc. is headquartered in New York City.
Media Relations:
Gaucho Group Holdings, Inc.
Rick Stear
Director of Marketing
212.739.7669
rstear@gauchoholdings.com
SOURCE: Gaucho Group Holdings, Inc.
View source version on accesswire.com:
https://www.accesswire.com/562771/Algodon-Fine-Wines-Continues-Roll-Out-of-its-Portfolio-of-Award-Winning-Malbec-Wines-at-The-Noble-Grape
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