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LWSP on High news alert, lets get the word out
NEWS will be out very soon! today or tmrw imho
hello?
Yes good morning, looking forward to news here.
21 LWSP bm's
BIG WEEK AHEAD , LWSP ON HIGH NEWS ALERT
Is it monday yet? LWSP
LWSP is on the move news coming next week low float 28.5 mil and havent seen news since january, 100 mil A/s per last 10 Q dated august 10th 2010.
HIGH NEWS ALERT FOR THIS WEEK, no pr's since january.
Target price of .20-.30/share current .0495
LWSP LOW FLOAT 28.5 mil 100 mil A/S This one is just waking up been dormant since jan. 2010
DD HERE:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56676311
LWSP LOW FLOAT 28.5 mil 100 mil A/S This one is just waking up been dormant since jan. 2010
DD HERE:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56676311
lets keep the posting up, any neww dd out there? LWSP
LWSP HAS BEEN GIVEN A TARGET PRICE OF .20-.30/share
HUGE DD ON LWSP - the technicals and fundamentals of it all!
We alerted our members on LWSP last week as we saw mega potential of LWSP in the emerging wine consumption market of China. Penetrating the market of distribution Chine is challenging, however, LWSP solidified a 15 year distribution rights directly into China - that is a huge step to take advantage of the growing Chinese Market.
Before we get to the solid fundamentals of LWSP, we looks at the strong technical aspects as recent trading activity of higher volumes and higher prices alerted us that LWSP has something in the works and we expect we will know soon enough.
The wires have been quiet since January, but we believe LWSP continues to work full steam in the background.
We look towards the weekly chart of LWSP and some key indicators - overall the picture shows that we are emerging into a mega bullish trend as indicators show a shift from a low volume down trend.
1) Price appreciation over the last week of trading is quite obvious, after touching and bottoming out near $0.01, price made a strong bounce and closed daily higher where we are now at $0.0495. This is also the first time closing above the 50day moving average with clear skies ahead.
2) Volumes since June has been low, however what we now see is a renewed interest in absence of news Volumes are several times higher than the average over the last few days indicating that there's major accumulation and we believe it is because of some solid news on the horizon.
3) A key technical indicator we look at closely is the On Balance Vol and change in direction. You can see the sharp uptick on the bottom line of the graph after a long flat line preceding it. This is a very bullish indicator that the trend has reverse and is trending upward.
4) Another confirmation of a reverse trend is the parabolic SAR as represented as dots on the graph. When the dots drop below the current prices, this confirms the reversal to a bullish trend.
We can observe many different technical indicators to tell us the sentiment of investors direction, but looking at these key indicators can give us a strong picture that we are just starting on a major bullish run.
Technicals are just half of the equation, Fundamentals will provide additional confirmation and sustainability on the bullish trend.
LWSP already shows that fundamentals are strong - we look to an older press release that started adding significant value to LWSP:
Legacy Acquires License to Sell Wine and Spirits in China
"Legacy Wine and Spirits International Ltd. reports that it has signed an agreement with Legacy Wine and Spirits Merchants Ltd ("Legacy Merchants"), a Hong Kong-based Company, for the rights to a fifteen (15) year general license to import, bottle, blend, manufacture and distribute wine and spirits in China."
Cracking the Chinese Market is difficult on its own, but LWSP had already pass this hurdle
"Everyone looks hungrily at China with its growing economy and expanding consumer base. But it is hard to break in."
http://wineeconomist.com/2010/05/23/cracking-the-chinese-wine-market/
So we know LWSP has solid license rights to import into China, but what about the Chinese market? Is it big enough?
Apparently that is an understatement!
China is a large emerging country with an amazing potential of wine consumption. The influence of western eating, drinking habits and rising average incomes have been key factors in the fast development of wine market in China. China has stepped into one of the ten largest wine consumption market in the world. The value of the market has more than doubled over the last five years.
Starting in January 2005, tariffs on imported bottled wines fell from 43% to 14% bringing price down to more affordable levels.
The annual growth rate of imported wines in China is up to 13-15%.
Wine is now becoming the fashionable drink for the wealthy younger generations in China’s cities, and the "badge" drink for China’s wealthiest elite. With about 600 million young Chinese exploring new types of alcoholic drinks, the potential market for sales of wine in the future is so great without any doubt.
Growth Rate of Wine Consumption around the world
VINEXPO market study in 2006 shows that until 2010, the three countries with the strongest wine consumption growth momentum are: China (+35.91%), Russia (+29.97%), the United States (+18.69%). And according to latest study of VINEXPO/IWSR, China’s wine consumption is estimated to be up to at least 828,000,000 liters in 2011.
LWSP is in the right market at the right time with the building blocks ready to take advantage of this monster market in the emerging wine industry of China.
LWSP trading at $0.0495 is seriously undervalued with the potential this market has to offer - $0.20 to $0.30 near term price target is not out of the question.
With a super low float of 28M shares outstanding, these prices are a steal.
We continue to be on high news alert and expect an update very soon judging by the recent stock activity - stay tuned and act quickly - as news hits this will move fast and furious.
Legacy Wine & Spirits International Ltd.
Wine Merchants, Importers, Marketers, Distributors and Store Keepers
Legacy Wine and Spirits International Ltd. (Legacy) is a publicly listed company trading in the United States (OTCBB: LWSP). The Company is in the business of importing bottled wines from around the world for the purpose of wholesale and retail distribution throughout China, in particular through the Company's corporately owned stylish outlet showroom and wine tasting facility.
Legacy offers select wines and spirits from choice regions around the world, initially North America, Italy and France and at a later date, South Africa and South America. Each wine maker Legacy chooses to represent has a unique history, identity and style of their own, yet all are united in the pursuit of superior quality. The Company's selection of wines will help to build a diverse and balanced portfolio that is constantly being refined to offer the best possible products to our customers whether they're retail, wholesale or corporate clients.
The Legacy team is comprised of experienced and knowledgeable individuals from around the globe whom are responsible for:
1. Sourcing unique wineries to supply that special wine to be part of the Legacy collection.
2. Developing marketing channels and educating current and future consumers of our products.
3. The daily operations of the Company's outlet/showroom located in TEDA, Tianjin, a second tier city just outside of Beijing.
As always make sure you do your due diligence on alerts, tweets and stock picks.
Stay tuned to Xtremepicks.com your trading connection
updated ibox w/website and contact info.
LWSP closed the session at $0.0495 flat on the day and holding on to the weekly gains of 40%. The wires have been quiet lately, however, recent trading activity suggests that this will change soon - stay tuned for our special weekend mailer and indepth analysis on LWSP.
from 10Q dated aug 2010
A/S 100 mil.
O/S 28.5 mil
High News Alert on LWSP for Next Week
When news hits the wire we will alert our members right away through our twitter site
http://www.twitter.com/xtremepicks_com
hey stoney added u as assist. mod
would u like to be an assist mod
LWSP is my pick current .0495
High News Alert on LWSP for Next Week
28.5 mil outstanding and 100 mil A/S from 10q dated aug 2010
High News Alert on LWSP for Next Week
28.5 mil outstanding and 100 mil A/S from 10q dated aug 2010
High News Alert on LWSP for Next Week
IBox updated LWSP
Float 28.5 mil or less , this is also the outstanding
100 mil authorized this SS info. is from the latest 10q AUG 2010
ABOUT THE COMPANY (LWSP) from Xtreme picks November 12th 2010
When news hits the wire we will alert our members right away through our twitter site
http://www.twitter.com/xtremepicks_com
LWSP is participating in a market that continue to grow exponentially in wine and spirit demands, this will result in some serious $$ to LWSP’s bottom line. Please read the following editorial on the strong growth in Chinese wine imports:
Chinese Market Experiencing Strong Growth in Imported Wine
http://www.beverageworld.com/index.php?option=com_content&view=article&id=37864&catid=3&Itemid=173
LWSP has just scraped the surface of what to be a monster market in the emerging wine industry of China.
Legacy Wine & Spirits International Ltd.
Wine Merchants, Importers, Marketers, Distributors and Store Keepers
Legacy Wine and Spirits International Ltd. (Legacy) is a publicly listed company trading in the United States (OTCBB: LWSP). The Company is in the business of importing bottled wines from around the world for the purpose of wholesale and retail distribution throughout China, in particular through the Company’s corporately owned stylish outlet showroom and wine tasting facility.
Legacy offers select wines and spirits from choice regions around the world, initially North America, Italy and France and at a later date, South Africa and South America. Each wine maker Legacy chooses to represent has a unique history, identity and style of their own, yet all are united in the pursuit of superior quality. The Company’s selection of wines will help to build a diverse and balanced portfolio that is constantly being refined to offer the best possible products to our customers whether they’re retail, wholesale or corporate clients.
The Legacy team is comprised of experienced and knowledgeable individuals from around the globe whom are responsible for:
1. Sourcing unique wineries to supply that special wine to be part of the Legacy collection.
2. Developing marketing channels and educating current and future consumers of our products.
3. The daily operations of the Company’s outlet/showroom located in TEDA, Tianjin, a second tier city just outside of Beijing.
Operational and Marketing Strategy
Legacy plans to develop its wholesale, retail and corporate client marketing base through its 2000 sq/ft outlet/showroom and tasting lounge in TEDA, Tianjin. The Company’s goal is to establish powerful brand recognition among middle class consumers, which compromise the majority of China’s population.
The Company has developed the Legacy Loyalty Program, a reward system geared exclusively towards the Legacy Wine Club membership which will allow members to attend exclusive corporate events, new product launches and tastings as well as receive special member pricing on select featured wines.
The first four outlet/showroom stores will be corporately owned and operated by Legacy and used as a testing ground for the release of new products and for the implementation of innovative marketing concepts.
Our Franchise “Legacy Signature Retail Store” Model
After the initial four corporately owned outlet/showroom stores have been established, new boutique-style retail stores called “Legacy Signature Stores” will be launched on a franchised basis and will be individually owned and operated or optionally managed by Legacy.
The structured design featuring elegant store aesthetics, maximized for high volume sales and storage with Point-of-Purchase displays, also featuring a private bar-style tasting area. Locations will be in high density areas, with protected territories. By establishing well-designed boutique-style stores, Legacy will be able to attract customers seeking quality imported wines and spirits at an affordable price while effectively promoting its own brand image.
Summary
In addition to the Legacy outlet/showroom and signature retail stores, market penetration will be focused on direct promotion and distribution via strategic alliances with select wholesalers, retailers, restaurant owners and specialty store chains. Through the formation of these strategic alliances with major players in the various distribution channels, Legacy will have a strong network to efficiently deliver their products to market. Legacy also plans to institute a taste-test Consumer Acceptance Program through the focus groups selected from restaurant, bar and hotel industries in an effort to broaden and promote its brand awareness.
is it monday yet? LWSP
Your exactly right. LWSP
LWSP NOW #4 ON BREAKOUT BOARDS , please vote for LWSP on the DDMACHINE.com as well
Lets help spread the word on momo, lowfloat and rumor boards , LWSP
Very nice, Big things coming are way anybody waiting till next week will be chasing imo. LWSP
I am expecting a PR early in the week, Mon or Tues. IMHO
LWSP - we have a special mailer for this weekend on the company and the Chinese market - get it at http://www.xtremepicks.com
11 minutes ago via web
Xtreme picks newsletter on LWSP coming out this weekend , there should be a lot of buzz this weekend in anticipation of the first PR since Jan. They obviously have good things to say and 10q coming as well.
Xtreme picks newsletter on LWSP coming out this weekend , there should be a lot of buzz this weekend in anticipation of the first PR since Jan. They obviously have good things to say and 10q coming as well.
Absolutely, LWSP BUZZZZZZZZZ lets get it goin.
Good morn everyone , i will be out the rest of the afternoon but, stopping in when i get time. NEXT WEEK IS A BIG WEEK COMING FOR US. WE WILL SEE BUZZ OVER WEEKEND AND NEWS NEXT WEEK. Buy and sell at ask and we all win. GO LWSP!!!!
LWSP is on the move news coming next week low float 28.5 mil and havent seen news since january, 100 mil A/s per last 10 Q
thank you sir
LWSP is on the move news coming next week low float 28.5 mil and havent seen news since january, 100 mil A/s per last 10 Q
Extreme picks reminder use LWSP symbol in all your posts and get the word out this weekend.
GM LWSP READY TO ROCK lets get the word out news in imminent next week.
yes .05 up and getting hit lets go
LWSP HEATING UP 28 mil float per last 10 Q