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Last year, I think Bernstein had price target of $431. If SEC and China reach full agreement, the possibility is there. IP
Great, Old timers will soon begin loading up China stocks!
https://www.bloomberg.com/news/articles/2022-04-01/china-weighs-giving-u-s-full-access-to-audits-of-most-firms?srnd=markets-vp
Made a nice bet. Bought yesterday. https://www.cnbc.com/2022/04/01/china-securities-regulator-on-us-listed-chinese-stocks-audit-delisting.html
"βLife is like a box of chocolates. You never know what youβre gonna getβ. See ya and Good luck ! :)
And TGGI may become the First Chinese "Elite Trillion-Dollar Club" company trading in USA. There's always first time. Breyer Capital! :)
https://www.visualcapitalist.com/which-companies-belong-to-the-elite-trillion-dollar-club/
I don't think Chen will do a RS. He'll more likely stay on OTCQB until TGGI reaches above $4.00+. Pay close attention to what JIACHENG TANG does. Two for the price of one! IMO :)
Smart man! He knows where's the money at ---> TGGI. :)
Very Interesting on his Douyin! "CEO-TGGI-Trans Global Group, Inc. ". Wondering if it's the first time Ren Chen has this, " CEO-TGGI-Trans Global Group Inc.", on his Douyin Account
https://twitter.com/thearshdhunna/status/1507918039437787141/photo/1
Cede & Co.
Nominee name for The Depository Trust Company, a large clearing house that holds shares in its name for banks, brokers and institutions in order to expedite the sale and transfer of stock.
https://www.nasdaq.com/glossary/c/cede
VALUATION, VALUATION, not OS (Outstanding Shares)! You can have an OS of 1OO Million, and a Market cap of $10 Million, price of that stock would be 10 cents.That is what the company is worth. Mark Mobius and others would agree on that. Cheers! :)
Market cap (VIP than OS) is the real deal. If Chen Ren accomplish what he wants, then the Market Cap of TGGI will be over $140 Billion+ ( long term). If OS is 20 Billion shares, then the price of TGGI will be $7.00. It all depends on what total companies are company into TGGI. Some already know. VALUATION IS IT! Chen compared TGGI to NSRGY. And NSRGY Market Cap. is $341.22 Billion. Chen may want to beat NSRGY Market Cap in the long term. :)
Yes, Restricted means can't be use after 1 year. Money makes money.
Great, just checking!
Reporting Status For TGGI:
"U.S. Reporting: SEC Reporting"
https://www.otcmarkets.com/stock/TGGI/profile
And Audited Financials for TGGI. You don't see much of that ( SEC Reporting, and Audited Financials) for Pinky stocks on OTC.
Read Paul's tweet. He explained it best:
. GL!$TGGI: β¨ COMPANY PLAN β¨
— Paul Seo π¦ (@paulseo403) March 11, 2022
π£: ββ¦ acquire operating company in exchange for majority of its common stock.β
π§ : Makes sense:
1. $TGGI gets Southsea
2. In return, $TGGI gives majority of common stock to persons/entities bringing in value - Chen, Tang, etc.
πΈ: Letβs rock!
π¦ pic.twitter.com/DgDNEg1C07
Paul, on twitter, seems to be on the same page I am.
$TGGI: β¨ COMPANY PLAN β¨
— Paul Seo π¦ (@paulseo403) March 11, 2022
π£: ββ¦ acquire operating company in exchange for majority of its common stock.β
π§ : Makes sense:
1. $TGGI gets Southsea
2. In return, $TGGI gives majority of common stock to persons/entities bringing in value - Chen, Tang, etc.
πΈ: Letβs rock!
π¦ pic.twitter.com/DgDNEg1C07
TGGI and Southsea are two entities, not yet merged. When they merge more info will come out, IMO.
What Chen is doing is very rare, IMO. That's why it's hard to believe it. I said same thing about AMZN ( Bezos)many, many years ago.
Yes, They would.
Still waiting for my price range! REv.
Not necessarily so for TGGI (Chen Ren)! GL to you too. :)
Here's a much better before he went on CNBC:
https://www.bloomberg.com/news/articles/2022-02-24/mobius-sees-china-as-a-haven-after-russia-s-attack-on-ukraine
Don't worry about retail investors(bashers or flippers). Institutional investors are waiting for TGGI completion. Best TGGI soon go on OTCQB before NASDAQ to gather Institutional momentum on Buy.
https://www.cnbc.com/2022/03/07/mark-mobius-expects-chinese-stocks-to-rebound-aided-by-russia-invading-ukraine-.html
Waiting to get in range $600 - $700.
In ref. check A+.
A+(Ins.) reminder VIP:
" If the Company intends to distribute dividends, the Company will transfer the dividends to the Hong Kong entity in accordance with the laws and regulations of the PRC, and then the Hong Kong entity will transfer the dividends to TGGI, and the dividends will be distributed from TGGI to all shareholders respectively in proportion to the shares they hold, regardless of whether the shareholders are U.S. investors or investors in other countries or regions".
"Our to-be acquired PRC subsidiariesβ ability to distribute dividends will be based upon their distributable earnings. Current PRC regulations permit our PRC subsidiaries to pay dividends to their respective shareholders only out of their accumulated profits, if any, determined in accordance with PRC accounting standards and regulations".
"In addition, the Enterprise Income Tax Law and its implementation rules provide that a withholding tax at a rate of 10% will be applicable to dividends payable by Chinese companies to non-PRC-resident enterprises unless reduced under treaties or arrangements between the PRC central government ..."
https://www.sec.gov/Archives/edgar/data/1891791/000121390022010692/ea156395-1012ga1_transglobal.htm
Two Big bosses who want NASDAQ: Chen Ren & Jiacheng Tang! Conglomerates, Super-duper! Really Big Surprises are in store. Stay tune! :)
"The parent will be TGGI." Nice!
"Our equity structure will be a direct holding structure, that is, the parent will be TGGI, which is the entity listed in the U.S., which entity will form and control a Hong Kong and/or Cayman Island or British Virgin Islands company, which in turn will acquire and directly control PRC domestic operating entities."
Amendment No. 1:
https://sec.report/Document/0001213900-22-010692/
" I just called the attorney. He has been retained by TGGI and is waiting to submit a due diligence report for the company."
https://stocktwits.com/dontbeaplayajustplay/message/435155582
$TGGI Monumental if true, I see no reason to doubt as everything has slowly come to fruition over the past year.π£π£π£ pic.twitter.com/HpVXVIGZ6O
— MattyLightOTC (@MattyLightOTC) February 10, 2022
TGGI may be the company that will help revive GRNQ to new 52 week highs. Hold strong, We'll soon find out in March. IMO
Great! Still holding some few shares.
Like that news! It's great.
I wonder if UBS put the split 20 to 1 into its price target.
20:1 Split. It's about time. After split, more money coming in. Long
Great Video! My Hometown, The Capital center of Money, NYC > NASDAQ! TGGI is not there ( NASDAQ), but it's already telling where its heading. Really Big stuff!
$TGGI Whole advertisement from Horatio52343 on stocktwits for the TGGI fam and of course for the bears π pic.twitter.com/oq0HW5vnHO
— Schmichael Graves (@SgtMikeHoncho) January 27, 2022
Time to start buying GRNQ. ( use Google to translate)
https://finance.ifeng.com/c/8CxKfMS7Oex
Got this on stocktwits:
$TGGI: π΄ GREENPRO CAPITAL π΄
— Paul Seo π¦ (@paulseo403) January 20, 2022
π£: Notice Date, this came out a FEW hours ago! ZuiXianGui will be working with another NASDAQ listed company in order to facilitate the financial and AUDITING work involved with βlisting in the United States.β
π: @addourajr
π¦ pic.twitter.com/ZjTJuIVB9u
Heard there is news on GRNQ with TGGI on China business network. Not yet able to verify.
Share structure preference! Very interesting, and " Chen holds all 100M".Nice
Here's a list of Trillion Dollar companies:
https://www.analyticssteps.com/blogs/10-worlds-largest-trillion-dollar-companies-2022
Is it possible JIACHENG TANG & Chen want TGGI ( soon to become a conglomerate) to join that list in the future? BTW, Tencent is getting close. Think Big!