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GDAR $.0033 Winner = 2013! DD it, plus THIN THIN $.0037 then $.02 up next
Loaded more last week. See you next year!! GLDG = winner in 2013!
Happy Holidays All!!
Were here...letting you load more before it runs next year. Happy Holidays everyone!
DRGV = Winner
DRGV load em
Grabbed more today, u know my shares are are locked up, see ya next year! DRGV!
Grabbed more today, see ya next year on CMGHF!
Nice volume today...what's up?
You still in this play?
A buy for $27,500 worth here on Friday, things looking up for 2013! I hope there is news out soon.
Plus, its real thin too $.1 area now
Merry Christmas everyone!
Exactly! I think 2013 looks very bright for DRGV...the investing public still hasn't found our hidden gem yet! Good posts..
Can you post the documents on the board please.
Tia..
Hi Muga, hope things are well Bud. I liked it until they announced the RS...show stopper for me, will try to load some post RS shares instead now...
Agree, good analogy. We have lack of volume b/c we have no BK filings to be found anywhere... Company kept them as private as possible...WHY? I have no idea.
I got a stupid response back from them today, NOT HAPPY and I will continue to hound them until some of my questions are answered.
Agree, this should be at minimum trading at a penny. Alot higher PPS coming soon!
Yes, another nice close. I havent found anything yet. But all Bk stocks are event driven, so there must be some new material, money, etc that was discovered , what else could it be?
Its not If, its just a WHEN imo...2013 Looks Strong for DRGV
Great DD post BTW too
Exactly, this is why im baffled as too the way its been trading lately...market just doesnt give DRGV any justice at the current PPS...
JMO
Agreed! Let them watch and learn right?
I see. Thx for the info, as ur the BK GURU!
Lets hope they release this info...Im staying on top of them everyday until I get a response now. Going to be F-in menace until we get some answers.
Will share if they SHARE!
Exactly...I believe you should def look at DRGV too when u get a minute...Carnac has a great post on the new DD as well...
GLTU
Otc
Dragon Capital Group, Corp. Reports Financial Results for the FirstNine Months of 2012 Ended September 30, 2012
Dec 12, 2012 09:58:21 Just in case some missed this!!
SHANGHAI, CHINA, Dec 12, 2012 (MARKETWIRE via COMTEX) -- 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
SOURCE: Dragon Capital Group Corp.
mailto:Dore@PearlGroupAdvisors.com
UPDATE: Jefferies 4th-Quarter Profit Rose 48%, Trading Revenue Surges
Dec 18, 2012 12:09:34 (ET)
--Jefferies fourth-quarter profit climbs as trading revenue jumps
--Fed's QE3 Program "translated into reasonably robust trading volumes," CEO says
--Firm sees potential for strong second quarter of M&A activity
--Knight stake generated four cents in per-share earnings during the period.
(Adds information on trading activity, investment banking revenue, Knight position, employee headcount, compensation and CEO comments throughout.)
By Brett Philbin
Jefferies Group Inc.'s (JEF) fiscal fourth-quarter profit rose 48% as trading revenue at the investment bank jumped, rebounding from a year-ago period that was dented by questions about the firm's European exposure.
Shares of Jefferies rose 2.4% to $18.68 as results exceeded analysts' estimates. The company's stock has climbed 36% year-to-date.
Jefferies, which last month agreed to be acquired by Leucadia National Corp. (LUK), benefited from another round of the Federal Reserve's bond-buying program, which helped double the firm's fixed income trading revenue from a year earlier to $293 million and boost overall trading revenue by 64% to $469.6 million.
During a conference call with analysts, Jefferies Chairman and Chief Executive Richard Handler said the Fed's so-called QE3 program "translated into reasonably robust trading volumes for much of the quarter which in turn resulted in solid revenues for our mortgage, international and domestic credit and rates businesses."
Jefferies was also helped by a relatively easy comparison to the year-ago quarter. The firm's earnings and revenue plunged a year ago amid worries that the company might go under because of its exposure to the debt issued by weaker European governments. An outsize bet on those securities helped lead to rival MF Global Holdings Ltd.'s (MFGLQ) bankruptcy last year.
Jefferies, the first U.S. investment bank to report fourth-quarter results, is often viewed as an early indicator of the financial results from larger rivals, though its fiscal period ends a month earlier than those firms. The largest investment banks are scheduled to announce quarterly results in mid-January.
Overall for the quarter ended Nov. 30, Jefferies reported a profit of $72 million, or 31 cents a share, up from $48 million, or 21 cents a share, a year earlier. Excluding merger-related costs, a year-earlier debt-extinguishment-related gain and other items, adjusted earnings were 35 cents.
Revenue climbed 37% to $760.6 million.
Analysts polled by Thomson Reuters had expected earnings of 32 cents on revenue of $723 million.
Jefferies was again helped by its large stake in Knight Capital Group Inc. (KCG), which contributed $48.7 million, or four cents, to its principal transactions revenue, down from $103.3 million, or eight cents, in the prior period.
In August, Jefferies led a consortium of financial firms in providing a $400 million lifeline to Knight after a costly technology snafu. The transaction made it the firm's largest stockholder, with a roughly 23% stake.
Jefferies recorded a gain on the Knight position as the brokerage's stock climbed 22% during the period. Knight's shares were boosted by speculation it would be acquired by competing suitors Getco LLC and Virtu Financial LLC.
While bond trading for Jefferies was resilient for September and much of October, Mr. Handler said activity "slowed for the U.S. Presidential election and for the remainder of our fiscal year," though he said "activity and volumes have been solid for the first few weeks of December."
Financial results at Jefferies, along with all of its banking peers, have been hampered by a weak economy and tougher regulations for the past two years.
In one sign of the difficult operating environment, Jefferies posted $84.3 million in advisory revenue, down 51% from a year ago and was the lowest revenue for the business in nearly two years.
Jefferies's investment banking revenue though, climbed 8.3% to $282.3 million as the company completed 145 capital markets transactions during the period, up from 107 a year ago.
On the conference call, Jefferies Executive Committee Chairman Brian Friedman said that assuming lawmakers resolve the looming U.S. "fiscal cliff" issue, the ingredients are in place for a strong second quarter of merger and acquisition activity. The "fiscal cliff" term refers to the combination of tax increases and spending cuts that could tip the U.S. economy back into a recession.
The fourth quarter is likely Jefferies's last as a standalone, public company, as it agreed to be acquired by Leucadia, its largest shareholder, in a roughly $2.5 billion deal expected to close in the first quarter. The transaction will give Jefferies a big financial backer with a thick wallet amid uncertain markets.
Mr. Handler, who will ascend to the CEO position at Leucadia next year, said the pending deal will further distinguish Jefferies from its bank-holding company competitors, though he declined to discuss details about the conglomerate's future reporting structure.
Leucadia, often dubbed "Baby Berkshire" for an investment philosophy similar to Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB), boasts holdings that range from beef processing to timber, according to recent securities filings.
Jefferies has been one of the most aggressive firms in recruiting professionals from bigger banks to grow its business lines since 2008, though it slowed such efforts last year. The company's headcount of 3,804 at Nov. 30, is down 10 employees from the prior period and 2.4% lower than a year ago.
On the compensation front, the firm paid out 59.9% of its net revenue in compensation and benefits in the fourth quarter, up from 55.6% a year earlier. For its fiscal 2012 year, the company set aside $1.8 billion for such payouts, up 19% from a year ago. Last week, Jefferies reportedly told employees it would pay year-end bonuses immediately in cash instead of deferred stock like many of its Wall Street rivals.
Write to Brett Philbin at brett.philbin@dowjones.com
--Tess Stynes contributed to this report.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
December 18, 2012 12:09 ET (17:09 GMT)
Yup, thats correct. 150 mil A/S w 50mil preferred I believe
AGREED!
I am in the process of trying to get info off of FB now.
Let u know if I can get anywhere with them! Damn its frustrating.
BKRSQ wouldnt be sitting this low if they were sharing BK info more openly...
Whats the reason for trying to hide this info in ur opinion?
FCGD sure could be, super SMALL SS...sitting near absolute bottom...the right group could move this easily...or a nice update from the company
Let me know if u get any...
Love to hear how the sales went over the past few weeks on there inventory and how this stands...
Ill take anything at this PT though...still like our odds esp w this low PPS and SS and No Preferreds to deal with as well
One last one to keep an eye on RCFEF
under $.005 would be great entry PT
Happy Holidays to you and the fam!
JMO
I like BKRSQ at $.012 or below too. Either huge payoff or bust but like the odds at current PPS w such low SS and NO Preferred's to deal with
I like DUSS...Bos knows this one well... New CEO hopefully she will be kind to all her shareholders, overdue for a nice POP...
Afternoon Sir. Might load alil FCGD $.0011 area if she hits again.
Loading GDAR DRGV
MFGLQ something going on there, steady rise, way above 200 MA now
Great post Carnac! DRGV cant understand why its still trading this low...should be above a penny atleast....??
Hi Ray. Glad ur here, not alone atleast! LOL Thx for the kind words as well. Hope they drop huge news here before the end of the year
Yes, this is looking great, my key break pt was $.05 which was taken out today, Blue Skys ahead! Nice bullish chart!! Trading above the 200 MA THIN L2 as well now...I wonder who's buying all these shares up?
GDAR $.0035 another sleeper that will wake up someday & spray everyone w riches..like the midas touch! Lol..
DRGV $.0052 are you kidding me? DD this play, wow it should be trading way higher...look at last Q!
GDAR $.0035 Add on Watchlist, NET PROFITS!! almost unheard of for a sub penny stock!!
GOLDEN AGE RESOURCES, INC. (GDAR) POSTS NET OPERATING PROFITS IN THE THIRD QUARTER, 2012
Nov 15, 2012
OTC Disclosure & News Service
Palm Beach Gardens, FL -
Golden Age Resources, Inc. (OTC Pink: GDAR) posted its Third Quarter ending September 2012 results on November 12, 2012. For the first quarter in several years, a consolidated net operating profit of $23,664 resulted. The profit picture returned as a result of a decision by management earlier in the year to diversify its core business into Internet Technology. With technologies such as Social Media and Mobile Applications, GDAR has successfully entered this market and is excited about the future growth. GDAR has Consolidated sales for the third quarter sharply increased to $123,680. The GDAR team, through its wholly owned subsidiary, Griffin Holdings and IT Solutions, Inc., feels very comfortable within the demands of the market and is very optimistic in both internal growth through its products and services, as well as external growth through additional acquisitions and merger possibilities, which are currently being pursued.
“The future is bright and we feel shareholder values are progressively going to rise both short and long term,” stated Robert C. Griffin, President and CEO.
GDAR $.0035 Add to Watchlist, NET PROFITS!! almost unheard of for a sub penny stock!!
GOLDEN AGE RESOURCES, INC. (GDAR) POSTS NET OPERATING PROFITS IN THE THIRD QUARTER, 2012
Nov 15, 2012
OTC Disclosure & News Service
Palm Beach Gardens, FL -
Golden Age Resources, Inc. (OTC Pink: GDAR) posted its Third Quarter ending September 2012 results on November 12, 2012. For the first quarter in several years, a consolidated net operating profit of $23,664 resulted. The profit picture returned as a result of a decision by management earlier in the year to diversify its core business into Internet Technology. With technologies such as Social Media and Mobile Applications, GDAR has successfully entered this market and is excited about the future growth. GDAR has Consolidated sales for the third quarter sharply increased to $123,680. The GDAR team, through its wholly owned subsidiary, Griffin Holdings and IT Solutions, Inc., feels very comfortable within the demands of the market and is very optimistic in both internal growth through its products and services, as well as external growth through additional acquisitions and merger possibilities, which are currently being pursued.
“The future is bright and we feel shareholder values are progressively going to rise both short and long term,” stated Robert C. Griffin, President and CEO.
GDAR $.0035 Add to Watchlist, NET PROFITS!! almost unheard of for a sub penny stock!!
GOLDEN AGE RESOURCES, INC. (GDAR) POSTS NET OPERATING PROFITS IN THE THIRD QUARTER, 2012
Nov 15, 2012
OTC Disclosure & News Service
Palm Beach Gardens, FL -
Golden Age Resources, Inc. (OTC Pink: GDAR) posted its Third Quarter ending September 2012 results on November 12, 2012. For the first quarter in several years, a consolidated net operating profit of $23,664 resulted. The profit picture returned as a result of a decision by management earlier in the year to diversify its core business into Internet Technology. With technologies such as Social Media and Mobile Applications, GDAR has successfully entered this market and is excited about the future growth. GDAR has Consolidated sales for the third quarter sharply increased to $123,680. The GDAR team, through its wholly owned subsidiary, Griffin Holdings and IT Solutions, Inc., feels very comfortable within the demands of the market and is very optimistic in both internal growth through its products and services, as well as external growth through additional acquisitions and merger possibilities, which are currently being pursued.
“The future is bright and we feel shareholder values are progressively going to rise both short and long term,” stated Robert C. Griffin, President and CEO.
I love it, slow upward trend, no one on the board except myself! Lol
DRGV mark it down, going higher