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$TIRX annual report.
Right now they have about 27.6 million in cash! Approximately a HEALTHY $38,-/share!
https://ih.advfn.com/stock-market/NASDAQ/tian-ruixiang-TIRX/stock-news/94211452/tian-ruixiang-holdings-ltd-reports-financial-resul
TIRX POST SPLIT BEAST COMING IN AFTERHOURS
On high watch. Setting up nicely.
DT is showing $13 cash per share... $TIRX
Finally out… got stuck in this, nice to see it pop. Got 140% profit, I’ll take it
TIRX: Weird one, King TW0122!!! (Likely merely did a clandestine RS --- but not even big enough!!)
NICE WORK CAPTAIN
TIRX: Good morn, Empress!!!
TIRX still up nicely 170%.
Tian Ruixiang Hold.TIRX
Ihub just ain't the same..lol
TIRX: Soars over 160% in the Post-M, but no mention of it anywhere across the iHub platform!!
TIAN RUIXIANG Holdings Ltd’s Subsidiary Enters into Sale and Purchase Agreement for Licensed Insurance Broker in Hong Kong
BEIJING, Feb. 14, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a sale and purchase agreement (the “SPA”) to acquire Peak Consulting Services Limited (the “Target") from Yuefu Company Limited (the “Vendor”), the sole shareholder of the Target. The Target is a licensed insurance brokerage in Hong Kong. This strategic acquisition represents a milestone in the Company's business to expand into the Hong Kong insurance brokerage market.
Pursuant to the SPA, the proposed acquisition (the “Acquisition”) is conditioned upon, among other things, the completion of a satisfactory diligence review of the Target by TRX HongKong prior to the consummation of the Acquisition.
The total consideration for the Acquisition is $1.5 million, to be paid in 3,472,222 of the Company’s Class A ordinary shares, which was calculated based on $0.432 per share, equivalent to 80% of the closing price of $0.54 per share on January 31, 2024, on NASDAQ.
Upon the consummation of the Acquisition, the management of TRX HongKong will work closely with the management of the Target to aim for a seamless integration of operations in an effort to deliver enhanced value propositions to insurance clients in the Hong Kong market.
Mr. Zhe Wang, Chairman and CEO of TIAN RUIXIANG Holdings Ltd, stated, "This acquisition aligns with our long-term strategic vision of establishing a presence beyond mainland China’s insurance brokerage market. We are excited about the growth opportunities in the Hong Kong market and are committed to leveraging our expertise and resources in order to capitalize on such opportunities."
About TIAN RUIXIANG Holdings Ltd
TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China through its China-based variable interest entity. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance; and (2) other insurance, such as life insurance and health insurance. For more information, visit the company's website at http://ir.tianrx.com/.
Forward-Looking Statements
TIRX...PRE MARKET TO OPEN MARKET DAYTRADE
No, those shares were legit, but the ones SHORTS sold here are the ones which are synthetic - because they are naked shorts from MMs - wait and see what happens to this in the remainder of the AH session and a few days this will continue to rise to epic levels.
TIRX also someone correct me if I’m wrong but according to this , 75.72% of the float is locked of the 3.27M outstanding shares , leaving only 794,972 shares to trade? But with the share discrepancy from the 13D filing of 4.6M shares , this could get interestin
Update, 2.3 million shares tradeable, 3.2 million shares OS $TIRX
Loading up down here, we hit about $7.70 last week, there are no shares out there. They have $30,024,372 Cash and cash equivalents ~ $40,350,466 Total equity with only about 2 million shares OS. $TIRX
Very soon we will have the float dried up and then boom
Just keep adding like me, I bought in low, soon this stock will be float locked and shorties will run for their lives
What’s going on with this stock
Bought in at $5/6/7 the baaam $2.00 ?????
Then silence ??
That run was way too fast ???
Was it a Test ???
To see how far this can go??
$20/40/60/$100 ??????????
If Tirx really has $40 million in cash/value
And only 2 million shares os ?
That’s $20 a share !!!!!
40 million net worth .
2 million shares outstanding
That’s $20 bux a share all day long ?????
Why are we at $2 bux ????????
Come on 10 x bagger
This will be some ride when we lock accumulate more and more shares, lock the float and force the shorts to cover
They have $30,024,372 Cash and cash equivalents ~ $40,350,466 Total equity
Think Over $2.50 will start triggering some short covering
Turns green here after lunch I think will attract buyers
Someone stated no shares available
How is there volume ????
To dry up???
Let’s move this puppy again !!!!
And don’t sell it at $7.88
Sell at 78.00 !!!!!!!!!!please
Do we have any way to find out what the market cap should be at Tirx???
$20 million /$10 bux a Share
$50 million /25 bux a Share
Or $4 million / $2 bux a share right where we sit ?????
What will it take to get buying volume
Again to move this up???
What should this be trading at???
Selling Vol drying up... Basing nicely here $TIRX
Yep, loading cheap here, this thing is gonna go, There are no shares available.
At $2.18 market cap is only $5 million usd
Doesn’t that seem a bit low for this company with only 2 million shares outstanding ??????
$10 a share is more like it /$20 million
M cap
$2.20 down from $ 7.88 ????????
Wow wow wow that’s a crashed n bash down .
Would love to see us break $10 bux tomorrow !!!!
TIRX $$$ Should explode Tomorrow, Shorters end of Day Today, Made a big Mistake....$10+, $20+, $50+, $100+ should be Next and fast..
https://stockcharts.com/h-sc/ui?s=tirx&p=D&yr=0&mn=6&dy=0&id=p38090673899
https://www.barchart.com/stocks/quotes/tirx/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100
https://www.barchart.com/stocks/quotes/tirx/opinion
The last few minutes in trading today TIRX closed the huge open daily gap!
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