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I've been loading some lately down here I feel comfortable with my position
yes hope sooooo
all good as long as i'm on board just need to be patient now
most likely daily
Someone is definitely accumulating
Only 60k volume need much way more to move
"This is a great step forward in our endeavors toward the expansion of Algodon Wine Estates," said Scott Mathis, Chief Executive Officer of Gaucho Group Holdings, Inc. "We now expect to further define the electrical development plan for each area, including our forthcoming Luxury Hotel & Residences, and also approximately 45 new Village Lots, or possible more. We anticipate preparing the plan with our engineers over the next 3 to 6 months."
getting there slowly but surely
The masterplan includes development of an additional 200 lots, ranging in size from 2.47 acres to 12 acres. The company anticipates sales of these additional lots could ultimately generate more than $100 million in revenues. The centerpiece of the masterplan is an ultra-luxury 80-room hotel, that will also include 40-60 residences, for which Algodon Wine Estates seeks to co-develop with a world class luxury hospitality brand. The revenue potential from the hotel rooms and branded residences could generate an additional $25 million per year.
The expanded masterplan includes a 27-hole championship-style golf course, championship-style tennis facilities, centralized village center and sports club, and an equestrian facility that will include a horse riding and training center. Additional highlights from the plan include an organic farming area, as well as organic fruit orchards, a boutique distillery, organic/seasonal restaurants, lavender and rose gardens, as well as various hiking, mountain biking, and walking trails that connect the social and residential areas throughout the estate.
As previously announced, this stage of the masterplan was designed by the architectural planning and design firm EDSA, whose work spans more than 5,000 projects in over 100 countries. EDSA's vision for Algodon Wine Estates includes further building upon the estate's award-winning vineyard development by emphasizing the existing winery and 1946 vines, the local Mendocino culture, as well as the estate's existing terrain, amenities, and features.
just a matter of time from now
Edemsa (Empresa Distribuidora de Electricidad Mendoza S.A.) is an electric power distribution company serving 11 departments in the Argentine province of Mendoza. The firm provides services to over 400,000 clients, mainly residential. It operates a 940km high voltage network, a 7,815km medium voltage network and close to 17,000km low voltage network.
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, today announced that its luxury vineyard development project, Algodon Wine Estates, has received Electrical Masterplan approval by Edemsa. Algodon Wine Estates is a 4,138 acre wine, wellness, culinary and sport resort and luxury residential development, in San Rafael, Mendoza, Argentina.
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
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