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Maybe DRGV is next CHLO? Same IR Firm...Alerted at $.003 when new filings came out..
Dragon Capital Group, Corp. Reports Financial Results for the First Nine Months of 2012 Ended September 30, 2012
9:58 AM ET 12/12/12 | Marketwire
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today the company's financial results for the first nine months of 2012 ended September 30, 2012.
Financial Highlights:
Revenue for the first nine months of 2012 was $15.1 million as compared to $15.7 million recorded in of the same period of 2011. While overall revenue narrowly declined in the first nine months of 2012, operating income improved to $319,000 up from $293,000 recorded in the comparable period of 2011. The improvement in operating income was largely the result of a reduction in selling expenses as well as general and administrative expenses. Net income attributable to Dragon Capital Group for the first nine months of 2012 was $143,000 as compared to a net loss of $1.5 million recorded in the first nine months of 2011. In addition to the improvement in income from operations, the overall increase in net income was largely attributable to a $1.7 million loss recorded in the first nine months of 2011 on the sale of two subsidiary companies in January of 2011.
Balance Sheet
At September 30, 2012, total assets were $8.6 million with $8.3 million in current assets. This compares to total assets of $8.3 million with $8.0 million in current assets at December 31, 2011. At September 30, 2012, shareholder equity improved to $7.2 million with working capital of $5.8 million compared to shareholder equity of $7.0 million with working capital of approximately $5.7 million at December 31, 2011.
Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "While we have experienced some softness in overall revenue thus far in 2012 we have worked to bring our expenses in line which has resulted in an improvement in our operating income and overall bottom line. We continue to position our subsidiaries for growth and we believe we will see improvement in top and bottom line performance as we move into 2012. We intend to expand our sales efforts in the coming quarters as well as look to opportunistically grow through synergistic acquisitions. We are confident that our company is again on the right path to resume a strong growth track in the coming years for the benefit of our stockholders."
About Dragon Capital Group Corporation
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
Contact:
Investor Relations:
Dore Perler
Pearl Group Advisors Inc.
Telephone: (954) 232-5363
Facsimile: (954) 726-2022
Email: Dore@PearlGroupAdvisors.com
Maybe DRGV is next CHLO? Same IR Firm...Alerted at $.003 when new filings came out..
Dragon Capital Group, Corp. Reports Financial Results for the First Nine Months of 2012 Ended September 30, 2012
9:58 AM ET 12/12/12 | Marketwire
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today the company's financial results for the first nine months of 2012 ended September 30, 2012.
Financial Highlights:
Revenue for the first nine months of 2012 was $15.1 million as compared to $15.7 million recorded in of the same period of 2011. While overall revenue narrowly declined in the first nine months of 2012, operating income improved to $319,000 up from $293,000 recorded in the comparable period of 2011. The improvement in operating income was largely the result of a reduction in selling expenses as well as general and administrative expenses. Net income attributable to Dragon Capital Group for the first nine months of 2012 was $143,000 as compared to a net loss of $1.5 million recorded in the first nine months of 2011. In addition to the improvement in income from operations, the overall increase in net income was largely attributable to a $1.7 million loss recorded in the first nine months of 2011 on the sale of two subsidiary companies in January of 2011.
Balance Sheet
At September 30, 2012, total assets were $8.6 million with $8.3 million in current assets. This compares to total assets of $8.3 million with $8.0 million in current assets at December 31, 2011. At September 30, 2012, shareholder equity improved to $7.2 million with working capital of $5.8 million compared to shareholder equity of $7.0 million with working capital of approximately $5.7 million at December 31, 2011.
Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "While we have experienced some softness in overall revenue thus far in 2012 we have worked to bring our expenses in line which has resulted in an improvement in our operating income and overall bottom line. We continue to position our subsidiaries for growth and we believe we will see improvement in top and bottom line performance as we move into 2012. We intend to expand our sales efforts in the coming quarters as well as look to opportunistically grow through synergistic acquisitions. We are confident that our company is again on the right path to resume a strong growth track in the coming years for the benefit of our stockholders."
About Dragon Capital Group Corporation
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
Contact:
Investor Relations:
Dore Perler
Pearl Group Advisors Inc.
Telephone: (954) 232-5363
Facsimile: (954) 726-2022
Email: Dore@PearlGroupAdvisors.com
Maybe DRGV is next CHLO? Same IR Firm...Alerted at $.003 when new filings came out..
Dragon Capital Group, Corp. Reports Financial Results for the First Nine Months of 2012 Ended September 30, 2012
9:58 AM ET 12/12/12 | Marketwire
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today the company's financial results for the first nine months of 2012 ended September 30, 2012.
Financial Highlights:
Revenue for the first nine months of 2012 was $15.1 million as compared to $15.7 million recorded in of the same period of 2011. While overall revenue narrowly declined in the first nine months of 2012, operating income improved to $319,000 up from $293,000 recorded in the comparable period of 2011. The improvement in operating income was largely the result of a reduction in selling expenses as well as general and administrative expenses. Net income attributable to Dragon Capital Group for the first nine months of 2012 was $143,000 as compared to a net loss of $1.5 million recorded in the first nine months of 2011. In addition to the improvement in income from operations, the overall increase in net income was largely attributable to a $1.7 million loss recorded in the first nine months of 2011 on the sale of two subsidiary companies in January of 2011.
Balance Sheet
At September 30, 2012, total assets were $8.6 million with $8.3 million in current assets. This compares to total assets of $8.3 million with $8.0 million in current assets at December 31, 2011. At September 30, 2012, shareholder equity improved to $7.2 million with working capital of $5.8 million compared to shareholder equity of $7.0 million with working capital of approximately $5.7 million at December 31, 2011.
Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "While we have experienced some softness in overall revenue thus far in 2012 we have worked to bring our expenses in line which has resulted in an improvement in our operating income and overall bottom line. We continue to position our subsidiaries for growth and we believe we will see improvement in top and bottom line performance as we move into 2012. We intend to expand our sales efforts in the coming quarters as well as look to opportunistically grow through synergistic acquisitions. We are confident that our company is again on the right path to resume a strong growth track in the coming years for the benefit of our stockholders."
About Dragon Capital Group Corporation
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
Contact:
Investor Relations:
Dore Perler
Pearl Group Advisors Inc.
Telephone: (954) 232-5363
Facsimile: (954) 726-2022
Email: Dore@PearlGroupAdvisors.com
Yes, I agree. DRGV is next to go! Look at the new filings that came out, this stock should be minimum $.02 area...
Dragon Capital Group, Corp. Reports Financial Results for the First Nine Months of 2012 Ended September 30, 2012
Net Income in First Nine Months of 2012 Rises to $143,000 Compared to a Loss of $1.5 Million in the First Nine Months of 2011
CMGHF looking great, only 1 MM left for 100k at $.1 then next up is $.14, we should see even higher w some patience
Maybe DRGV is next? Same IR Firm...Alerted at $.003 when new filings came out..
Dragon Capital Group, Corp. Reports Financial Results for the First Nine Months of 2012 Ended September 30, 2012
9:58 AM ET 12/12/12 | Marketwire
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today the company's financial results for the first nine months of 2012 ended September 30, 2012.
Financial Highlights:
Revenue for the first nine months of 2012 was $15.1 million as compared to $15.7 million recorded in of the same period of 2011. While overall revenue narrowly declined in the first nine months of 2012, operating income improved to $319,000 up from $293,000 recorded in the comparable period of 2011. The improvement in operating income was largely the result of a reduction in selling expenses as well as general and administrative expenses. Net income attributable to Dragon Capital Group for the first nine months of 2012 was $143,000 as compared to a net loss of $1.5 million recorded in the first nine months of 2011. In addition to the improvement in income from operations, the overall increase in net income was largely attributable to a $1.7 million loss recorded in the first nine months of 2011 on the sale of two subsidiary companies in January of 2011.
Balance Sheet
At September 30, 2012, total assets were $8.6 million with $8.3 million in current assets. This compares to total assets of $8.3 million with $8.0 million in current assets at December 31, 2011. At September 30, 2012, shareholder equity improved to $7.2 million with working capital of $5.8 million compared to shareholder equity of $7.0 million with working capital of approximately $5.7 million at December 31, 2011.
Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "While we have experienced some softness in overall revenue thus far in 2012 we have worked to bring our expenses in line which has resulted in an improvement in our operating income and overall bottom line. We continue to position our subsidiaries for growth and we believe we will see improvement in top and bottom line performance as we move into 2012. We intend to expand our sales efforts in the coming quarters as well as look to opportunistically grow through synergistic acquisitions. We are confident that our company is again on the right path to resume a strong growth track in the coming years for the benefit of our stockholders."
About Dragon Capital Group Corporation
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
Contact:
Investor Relations:
Dore Perler
Pearl Group Advisors Inc.
Telephone: (954) 232-5363
Facsimile: (954) 726-2022
Email: Dore@PearlGroupAdvisors.com
More Corporate presentation DD CMGHF: http://www.chaoda.com.hk/pic/201132316473889607.pdf
Presentation of results: CMGHF
http://www.chaoda.com.hk/mov/mov03/mov06.asp
Dividends 2011 HK $.03 on CMGHF
Highlights for CMGHF Financials:
1) Turnover Increased by 18% to RMB 3.835 million
2) Groos Profit Increased by 15% to RMB 2.383 million
3) Profit for Operations Increased by 12% to RMB 1.531 million
4) Profit for the period attributable to Owners of the Company Increased by 13% to RMB 1.547 million
Plus add the fact that the board has a share buyback program in place and CMGHF should have a great year
Latest Financials: http://www.chaoda.com.hk/pic/20113101855521734.pdf
CMGHF $.0595 Annual Meeting...board has agreed to buy back stock on the open market
http://www.chaoda.com.hk/pic/201212311655570852.pdf
CMGHF $.0595 Invest in a REAL China Company!
Lol, grim but very funny!
My guess 5000 to 1 RS uymg
Thanks for all the great posts Trapper Jim!
Looks like there finally getting more serious and buying back shares on the open market or thru private, either way its a great sign and I'm excited for CMGHF future. Hopefully they make 2013 a year to remember for all there existing shareholders!
Looks like there finally getting more serious and buying back shares on the open market or thru private, either way its a great sign and I'm excited for CMGHF future. Hopefully they make 2013 a year to remember for all there existing shareholders!
Very Nice Gem. Looks great! Check out GDAR when you get a second too..
$.0037's then $.022's up next!
GDAR $.0037 only 10k left then $.02 Up next!!!
New filings out
GDAR GDAR GDAR All I have to say!! Get those .0037's before $.02's hit next up
that is pretty cool, thanks for the info and post, have you ever tried this yet?
Yes FCGD is ready ~ Just needs a small catalyst imo!!
Yes, agreed. We need an update now. Been too long, September was the last PR if I remember correctly.
FCGD $$
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=928085&ProfileId=051205&sourceType=1
GDAR $.0037 up then $.02's up next, Super THIN!!! NEWS coming, new filings as well!!
DRGV $.0049 Net Income here!! Super THIN! DD it now!!
DRGV $.0049 Going!! Positive net INCOME!! WOW!!
RCFEF $.017 less than 12 mil Float!! Super THIN!!
Oversold, Small SS...Easy Money Makers! DRGV GLDG FCGD
GREEENTIMES Vol.51 Nov. 2012
http://www.chaoda.com.hk/pic/gt51_en.pdf
The Chairman Kwok Ho has been Elected as the First Vice President of China's Agriculture Industrialization Leading Enterprises Association
On 27th November, China's Association of Leading Enterprises in Agricultural Industrialization held its founding conference in the Great Hall of the People, with Vice Premier Hui Liangyu, Minister of Ministry of Agriculture Han Changfu and other leaders in attendance. Mr. Kwok Ho, chairman of Chaoda Modern Agriculture, was elected as the first vice president of China's Association of Leading Enterprises in Agricultural Industrialization.
http://www.chaoda.com.hk/n4/main.asp?id=769&yjbh=16&ejbh=152
Date2012-11-27
DRGV $.0025 near bottom, awesome chart, new filings w revs! Can't find a better ticker this undervalued imo! DD it ull see!
DRGV $.0025 new filings out! Positive net income, cmon man! Easy money maker imo...DD it!
DRGV GLDG FCGD easy money in the coming week or so...
Yes, I added, will keep adding if it dios further, monster in the making here in imo DRGV!
That's good to hear b/c I'm in another, gbg & she's been calling stuff on it for months but nothing to show except hot air!
I hope her call is better for gldg!
Nice, glad I got back in last week or so...let's see if sexy seirra can get one call right! Lol...
Add~ 2013 ATPAQ & ATPG.GE bonds!
2013 = DRGV CMGHF GDAR PLFM FCGD GLDG maybe CHCC