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Scary Friday the 13th here! I'm holding strong!!
Nice post Z!!!!!!!
.10 and beyond imo!!!!!!!!
Lets go!!!!
Yes!! I'm ready for propulsion!!!
Looking forward to that!! Averaged down today!!
Wow! Only 3-4 million shares may be trading! That's incredible! This will go big imo!!
L2 looking better than it has for a while...
Nice!!
Beverly Hills Group Inc. (OTC:BHGI): Penetrating The Mexican Market 0 comments
Apr 28, 2016 4:42 PM | about stocks: BHGI
Tapping into the Mexican Market has to date been minimal, which is unfortunate given their economic growth. One entity that is giving it a go is Beverly Hills Group Inc (OTCPK:BHGI), a holding company, that recently completed the acquisition of a Mexican company.
On April 18, 2016, BHGI acquired Operadora de Servicios GRM which is a part of Grupo Richard. Grupo Richard is a conglomerate involved in retail sales, real estate, construction and banking/finance.
The company has stated it will acquire 4 more businesses from Grupo Richard, with the next one being in the final stages.
One could make the argument that all of Grupo Richard is going public through BHGI, since they now own 26% of the company.
BHGI has spent the last 2 years cleaning house and getting its affairs in order. The latest milestone was releasing 2013 and 2014 audited financials, done by WWC, P.C. Certified Public Accountants.
The company has also started filing 8K's as they progress.
The share structure (verified with the Transfer Agent on April 19, 2016), is attractive at 300M Authorized, 118M Outstanding and 91M restricted, leaving a 26M Float.
While still at the 'Current' Tier Level at OTC Markets, the company has indicated they are working towards OTCQB Tier Level, and eventually uplist to a higher exchange.
BHGI has hired Sichenzia Ross Friedman Ference LLP as their Legal Team, and Acorn Managemen Partners as their Investor Relations Firm. Both of these have an impressive reputation.
One interesting factoid is that the head of Grupo Richard owns a Polo Team.
Projection:
Short term: At current price of .10 this could be a nice mover.
Long term: If they succeed this could go to multiple $.
Risk Reward Ratio.
Given the high quality teams that BHGI has hired, and at a current share price of .10, and a 26M float, the risk seems minimal. And if they pull it off and bring all of Grupo Richard into the company, the rewards could be significant.
Any new endeavor is like climbing a mountain, so maybe BHGI is the Little Company that could.
Disclosure: I am Long BHGI.
Nice! I think I may buy a bigger boat too when this takes off... Lol
Yes tightening up a bit! Let's goooo!!!
Love these cheapies!!!
Nice! Things are looking good!!
Did you get your .05's???!!
Tick Tock...
Welcome Newb!!! Lol!!! I'll sell you some of my shares for $9.99 just put in an all or none bid for 999 shares at $9.99
Nice!! Way to dig deep into the pos post! ;) Go BHGI!!
We believe that the longer-term valuation of ON Comercio could be much higher. As the business grows and becomes a more integral part of the Mexican convenience store industry, the value of ON Comercio could rise towards $1B!!!!!!!!!!!!!!
Nice volume! Nice news! Good days are coming!!
Looking good!!!
WOW!!!
Management estimates that the ON Comercio business could reach $42M in revenue by Year 2 after funding. Listed consumer finance operations in Mexico trade at an average of 2.9 times Price to Sales. Applying this metric to the estimates for Year 2 provides a valuation of $121M to the ON Comercio business. Management estimates that approximately $18M would have to be invested to achieve this level of sales, providing a value of approximately $103M from this business.
We believe that the longer-term valuation of ON Comercio could be much higher. As the business grows and becomes a more integral part of the Mexican convenience store industry, the value of ON Comercio could rise towards $1B.
Exciting days coming!!
Connecting MORE $BHGI Dots:
1.) Why would BHGI give Ramon Richard 26% of the company? (Fully restricted) Maybe this announcement will explain it. wink On August 12th, 2015 BHGI announced the pending acquisitions of four Mexican companies: http://www.otcmarkets.com/stock/BHGI/news/Beverly-Hills-Group-Announces-Integral-Acquisitions-Bringing-BHGI-to-the-Forefront-of-Several-Major-Industries?id=111943&b=y
2.) Notice the Grupo Richard site is a mirror of BHGI's announcement regarding the companies they are planning to acquire? Even the Comerci-On aka ON Comercio is pictured and described.
Notice the land that's announced in the PR? Now scroll down on the Grupo Richard site and watch the La Jolla Towers video. We have 2000 acres with 800 meters of ocean front property in San Felipe!
Very good post Sporty!!
Got me some of those shares today! Stronger hands baby! Stronger hands!
Im In! Now we can move!!!
Alright! I've been waiting too long for something to happen here!!!
Can't wait!! More acquisitions coming!!!
Nice week setting up here!
Ready for a good day here!!
Good times coming here! Keep accumulating these cheapies!!?
Nice!! Lol!!
My DD says many of these acquisitions will take place this year!! Perhaps in the next few months!!
Gcei is looking fantastic! Bullish!
Nice!!
We are very excited about the future of BHGI, and have several additional acquisitions that are currently underway.
I agree!! Bhgi is doing big things!!!
Choo Choo!! Gcei express!! All Aboard!!
Shares falling in to strong hands!!!
Some good dd here lately! Things are heating up!!!
Looking good! Best volume in a while!! GCEI!!!