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PHI Group Inc. (PHIL)
Other OTC - Other OTC Delayed Price. Currency in USD
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0.0017+0.0003 (+21.43%)
At close: December 28 3:59PM EST
$PHIL
Where's all the shares? Oh that never happened.. again wrong !
Moving Higher..LL
Happy New Years ~ $PHIL ~ at "SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future."
https://finance.yahoo.com/news/phi-group-forms-subsidiary-m-130412441.html
https://www.facebook.com/chuoisaigonphopalace/videos/1160453757393625/
$PHIL ~ Sharp Chart ~ https://stockcharts.com/h-sc/ui
Exactly..Any News is going to skyrocket this stock!
$PHIL
Looks real to me! It's in the Press ..Have g' day!
Yup $PHIL is ready to Rock n Roll!
This is not the issue here at all...jmho ...Understand $PHIL is projecting 51 million in revenues for 2019..now again jmho... The only one thing stopping that is the closing of Saigon Pho Palace ..
"SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. It is estimated that this market segment in Vietnam generates approximately $8 billion in revenue a year. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027. According to Mr. Quy Minh Le, SGP’s Chairman and General Director, its unaudited annual revenues are approximately over US$ 90 million and expected to rise sharply with the additional restaurant and coffee shop chains in the future."
https://finance.yahoo.com/news/phi-group-saigon-pho-palace-144615153.html
During the quarter ended September 30, 2018, the Company successfully closed the acquisition of 51% ownership in Vinafilms Joint Stock Company (www.vinafilms.com.vn), which generated $25 million in revenues and $765,000 in EBITDA in 2017 according to Vinafilms’ domestically audited annual report containing financial statements for the year ended December 31, 2017. Vinafilms has recently installed a German state-of-the-art plastic film processing system and plans to add two more of these to meet the growing domestic and international demand for its products. Vinafilms also plans to enter a joint venture with a leading Vietnamese plastic bag manufacturing company with an aim to bring combined revenues to over $150 million per year by the end of 2019. PHI Group is currently conducting the financial audits of Vinafilms according to the U.S. Generally Acceptable Accounting Principles (GAAP) and will be able to report consolidated operating results from Vinafilms JSC for the quarter commencing October 1, 2018.
$PHIL
https://finance.yahoo.com/news/phi-group-comments-operating-results-142859060.html
During the quarter ended September 30, 2018, the Company successfully closed the acquisition of 51% ownership in Vinafilms Joint Stock Company (www.vinafilms.com.vn), which generated $25 million in revenues and $765,000 in EBITDA in 2017 according to Vinafilms’ domestically audited annual report containing financial statements for the year ended December 31, 2017. Vinafilms has recently installed a German state-of-the-art plastic film processing system and plans to add two more of these to meet the growing domestic and international demand for its products. Vinafilms also plans to enter a joint venture with a leading Vietnamese plastic bag manufacturing company with an aim to bring combined revenues to over $150 million per year by the end of 2019. PHI Group is currently conducting the financial audits of Vinafilms according to the U.S. Generally Acceptable Accounting Principles (GAAP) and will be able to report consolidated operating results from Vinafilms JSC for the quarter commencing October 1, 2018.
https://finance.yahoo.com/news/phi-group-comments-operating-results-142859060.html
Yes and over 6 million backlogged with a 45 million a year closing in days!
There are revenues here and new revenues will be recorded in the next filing.I guess you missed that part?
Phi Group, Inc. (QB) Financials
Market Cap Shares in Issue
$ 488.28k 390.63M
from {IHUB}
New York, Nov. 05, 2018 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com) (OTCQB: PHIL), a U.S. diversified holding company focused on mergers and acquisitions and investments in select industries and special situations, today announced that the Company has formed a new subsidiary “American Saigon Palace Group” (“ASPG”), a Wyoming corporation, as the special purpose vehicle to hold the 51% equity interest in Saigon Pho Palace Joint Stock Company (“SGP”).
https://finance.yahoo.com/news/phi-group-forms-subsidiary-m-130412441.html
PHI Group expects to be able to report consolidated operating results from SGP after the closing of the Stock Swap Agreement, and, subject to meeting all necessary compliance requirements, intends to file a registration statement with the U.S. Securities and Exchange Commission to take ASPG public in the U.S. Stock Market at the appropriate time in the future.
https://finance.yahoo.com/news/phi-group-forms-subsidiary-m-130412441.html
PHI Group is currently conducting the financial audits of Vinafilms according to the U.S. Generally Acceptable Accounting Principles (GAAP) and will be able to report consolidated operating results from Vinafilms JSC for the quarter commencing October 1, 2018.
https://finance.yahoo.com/news/phi-group-comments-operating-results-142859060.html
"During the quarter ended September 30, 2018, the Company successfully closed the acquisition of 51% ownership in Vinafilms Joint Stock Company (www.vinafilms.com.vn), which generated $25 million in revenues and $765,000 in EBITDA in 2017 according to Vinafilms’ domestically audited annual report containing financial statements for the year ended December 31, 2017. Vinafilms has recently installed a German state-of-the-art plastic film processing system and plans to add two more of these to meet the growing domestic and international demand for its products. Vinafilms also plans to enter a joint venture with a leading Vietnamese plastic bag manufacturing company with an aim to bring combined revenues to over $150 million per year by the end of 2019."
https://finance.yahoo.com/news/phi-group-comments-operating-results-142859060.html
I hear ya It's tricky just to grab the cheap ones..gotta be quick
It was said the the reason to the delay was the notes..Then clear for Divided .jmho..."It seems the reason for the change in dates for APR dividends was some company delays and possibly FINRA delays as well. I couldn't understand it very well. "..
So then tell me the explanation behind the dividend delay,and the reason on the notes..if you did hear that c.c.. you know this
Not even near 1.5 ~ Outstanding Shares
390,625,900
12/14/2018
https://www.otcmarkets.com/stock/PHIL/security
you should have listened to the c.c..jmho
How about the closing a 90 million a year operation for starters! Where do you come up with 2b o/s ..This is your opinion..and you know what they say..
No Matter I'm loaded Big Div on the way!!
Ok ..whatever 1/2 the day traded already only 160,000 shares.. You don't seem to understand.. I'm in for big dividends and the entertainment of the ones who never listened to the last conference call.. roflmao
Yup another 1/2 million and more to come
Waiting all day no fills on my 13's
Yes, this is going to be massive ..jmho I expect to see some major growth here.. again jmho
Exactly Henry was very transparent to any shareholder concerns and took time to explain the current process to dividends ect ect ect..$PHIL could be extremely undervalued here..jmho
I keep loading ..I trust Henry.. also anyone who listened to the C.C would understand..I got a feeling 2019 is going to be huge here $PHIL
1st I will keep buying 2nd I can't wait for updates..thanks for your support
Glad I bought more yesterday ..Looks like trading is stalled Reversal in progress ...Green Green Green $$$$$$$$$$$
$PHIL
I think $PHIL is about to become a big runner.. This really is Christmas $$$$$$ jmho
Grabbed more today most came piece ordered..I'll take what's given on the ask.. not here bid sitting..Locked and loaded
Are you a licensed investment advisor?????
GREEN DAY !!!Oh and under $50,000.00 traded so far ...
What a Stall in trading Minor movement..yawn..over 2 hours no trades
Funny stuff 10M BID 10M ASK 10M SOLD.. ROFLMAO.. PPS LOCKED!
Truth Hurts!! Bid was Stacked All Day..Still less then $18k in volume.. Have A G' day!!
Exactly,This team is very well positioned with talent and experience, I think what we are seeing is just a quiet period until this does get implemented with well established plans to move forward and to grow..These combined companies are very well respected and as they stated looking to expand..so you have several components that all need to come together and like you were saying the legal work ect ect ect.. This stock could be very undervalued here..jmho
We will see I wouldn't bet against it .just sayin'