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Whats up with the Board Mod position MR MET??
they should have done it by now please keep trying, and thanks again for all the hard work, paydirt
MR MET, good job man :) alot of work and very much appreciated!!!
Joe ur killin me:)...you in or out man???
they must have ongoing income from that biz with hewlett and the others and the the way i see it, the bulk of the income is from the programs from the utility companies they work with on metering things. the ceo stated they have income from these things well into the future. please read the PRs for urself and see. take good care now, paydirt
skichik, i think we will get another pr soon on the subsidiary companies progress. one thing is for sure, with todays PR, they want folks to know what they are doing, so this is just the start i think. GLA, paydirt
heres the hewlett pr.........
Dragon Capital Group Corp. Receives Three Distributor Awards from Hewlett Packard for Sales Performance
PR Newswire
SHANGHAI, June 17, 2013
SHANGHAI, June 17, 2013 /PRNewswire/ -- Dragon Capital Group Corp. (OTC Pink: DRGV), a holding company of emerging high-tech companies in China, announced today that our Shanghai Zhaoli Technology Development Co., Ltd subsidiary recently received three distributor awards from Hewlett Packard. The awards were received for Shanghai Zhaoli's high level of performance in 2012 and include an award for Outstanding Achievement in Sales as well as Hewlett Packard's Partners Achiever Circle Award. In addition, Shanghai Zhaoli received a Ten Year Outstanding Contribution Award from HP to recognize the distinguished contribution made by the Zhaoli team for the past decade as HP's foreign authorized distributor in Greater China Region.
Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, stated, "We are pleased to have received these awards for our distribution efforts in 2012 and for our decade long relationship with HP. We have worked diligently to leverage our marketing resources to strengthen the office equipment sales business in a challenging economic environment in China. We represent a wide array of name brand manufacturers, including Hewlett Packard, Epson, Canon, Ricoh, Brother, Star and Samsung and it is important for us to maintain a solid and sustainable business relationship with these companies. These awards demonstrate that our team at Zhaoli is committed to our goal of providing the highest level of professionalism to our partners and I commend each and every employee for their efforts. With a widespread sales channel, including our headquarters in Shanghai and nine additional branch locations in China, we believe Shanghai Zhaoli is well positioned to provide a solid revenue base for our company and our stockholders for years to come."
About Dragon Capital Group Corporation
Dragon Capital Group Corp. (OTC Pink: 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:
Dore Perler
U.S. Representative
Telephone: (954) 232-5363
Facsimile: (954) 726-2022
Email: Dore@PearlGroupAdvisors.com
SOURCE Dragon Capital Group Corp.
Joe this is from todays pr on yahoo headlines DRGV...........
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Financial Highlights
For the third quarter of 2014, total revenues were $5.0 million compared to revenues of $4.8 million recorded in the third quarter of 2013. Gross margins improved to 5% in the second quarter of 2014 compared to gross margins of 4% in the third quarter of 2013. Income from continuing operations in the quarter was $160,874 compared to income from continuing operations of $85,763 recorded in the third quarter of 2013. The increase in income was mainly attributable to an increase of general sales revenue and stable cost of sales. Net income attributable to Dragon Capital Group in the third quarter of 2014 was $329,700 inclusive of a ($3,356) loss from discontinued operations compared to net income attributable to Dragon Capital Group of $38,942 inclusive of a ($9,159) loss from discontinued operations. In the third quarter of 2014 the Company's operations resulted in a income of $0.00 per basic and diluted share on 896.4 million weighted average shares outstanding compared to earnings per basic and diluted share of $0.00 on 492.7 million weighted average shares recorded in the third quarter of 2013.
For the first nine months of 2014 total revenues were $14.3 million compared to $14.1 million in the first nine months of 2013. For the first nine months of 2014 the Company's operations resulted in a net income attributable to Dragon Capital Group of $210,537, inclusive of a ($117,904) loss from discontinued operations. This compared to net income of $158,378 inclusive of a ($15,155) loss from discontinued operations recorded in the first nine months of 2013. Earnings per basic and diluted share for the first nine months rounded to $0.00 in both periods on 896.4 million and 492.7 weighted average shares respectively.
Balance Sheet
On September 30, 2014, total assets were $10.2 million and shareholder equity was $8.6 million with 896.4 million common shares outstanding. On December 31, 2013, total assets were $9.8 million and shareholder equity was $7.5 million with 492.7 million common shares outstanding. Working capital was $8.5 million on September 30, 2014 compared to $8.1 million at December 31, 2013.
Commenting on our results for the third quarter of 2014, Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, "We are seeing a slight improvement in our revenue in the last quarter as we continue to work to build sales of higher margin utility monitoring automation software and services at our Shanghai Yazheng subsidiary, and mobile software applications from our Shanghai Zhiye subsidiary. This effort has resulted in a small increase in our gross margins in the quarter as we maintain our cost of sales which we intend to build upon in future periods. We believe we are on the right track to increase sales in those higher margin businesses to enable our Company to improve performance in the coming quarters and help us achieve sustained profitability in the quarters and years to come."
hey you got my vote. i will say though that silver is kinda funny about a cluttered ibox but you guys seem to be on the same wave and really this one deserves to let everyone read all about it. its not just a flash in the pan and i do see 5-10 cents for it in 2015. china is the place to be and this one has all kinds of irons in the fire. take good care, paydirt
only 30 trades for the day. what happens if we get a huge rush?? oh my goodness!!!
MM must do that when sleeping giants fart and cough after a long sleep:)
Hi Ho SILVER really is the man !!
ps. you may have to change the handle to MIDAS TOUCH !!
Dragon Capital Group, Inc. Reports Financial Results for the Third Quarter and the First Nine Months of 2014
PR Newswire Dragon Capital Group Corp.
3 hours ago
????
SHANGHAI, China, Jan. 5, 2015 /PRNewswire/ -- Dragon Capital Group Corp. (DRGV), a holding company of emerging high-tech companies in China, announced today its financial results for the third quarter and the first nine months of 2014 ended September 30, 2014.
Financial Highlights
For the third quarter of 2014, total revenues were $5.0 million compared to revenues of $4.8 million recorded in the third quarter of 2013. Gross margins improved to 5% in the second quarter of 2014 compared to gross margins of 4% in the third quarter of 2013. Income from continuing operations in the quarter was $160,874 compared to income from continuing operations of $85,763 recorded in the third quarter of 2013. The increase in income was mainly attributable to an increase of general sales revenue and stable cost of sales. Net income attributable to Dragon Capital Group in the third quarter of 2014 was $329,700 inclusive of a ($3,356) loss from discontinued operations compared to net income attributable to Dragon Capital Group of $38,942 inclusive of a ($9,159) loss from discontinued operations. In the third quarter of 2014 the Company's operations resulted in a income of $0.00 per basic and diluted share on 896.4 million weighted average shares outstanding compared to earnings per basic and diluted share of $0.00 on 492.7 million weighted average shares recorded in the third quarter of 2013.
For the first nine months of 2014 total revenues were $14.3 million compared to $14.1 million in the first nine months of 2013. For the first nine months of 2014 the Company's operations resulted in a net income attributable to Dragon Capital Group of $210,537, inclusive of a ($117,904) loss from discontinued operations. This compared to net income of $158,378 inclusive of a ($15,155) loss from discontinued operations recorded in the first nine months of 2013. Earnings per basic and diluted share for the first nine months rounded to $0.00 in both periods on 896.4 million and 492.7 weighted average shares respectively.
Balance Sheet
On September 30, 2014, total assets were $10.2 million and shareholder equity was $8.6 million with 896.4 million common shares outstanding. On December 31, 2013, total assets were $9.8 million and shareholder equity was $7.5 million with 492.7 million common shares outstanding. Working capital was $8.5 million on September 30, 2014 compared to $8.1 million at December 31, 2013.
Commenting on our results for the third quarter of 2014, Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, "We are seeing a slight improvement in our revenue in the last quarter as we continue to work to build sales of higher margin utility monitoring automation software and services at our Shanghai Yazheng subsidiary, and mobile software applications from our Shanghai Zhiye subsidiary. This effort has resulted in a small increase in our gross margins in the quarter as we maintain our cost of sales which we intend to build upon in future periods. We believe we are on the right track to increase sales in those higher margin businesses to enable our Company to improve performance in the coming quarters and help us achieve sustained profitability in the quarters and years to come."
About Dragon Capital Group Corporation
Dragon Capital Group Corp. (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, DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
this traded at .25 cents so who knows. man im getting excited !!!!!
yeah dow jones wont let me copy them but its on yahoo too. they just released all this today on yahoo and dow jones and etrade but they came out last week. the web site is new and IR person is new too.
hi hal, they just had to get all their ducks lined up:) ofcourse the market falling apart today doesnt help and other movers are getting alot of attention but our time will come, sooner rather than later, GL, paydirt
Not only did they release the news on dow jones news wire and update the web site, they also have new investor relation person with direct phone # which is different from before, so im really getting excited here, GLA, paydirt
Contact:
Peisha Shen
U.S. Representative
Telephone: +1-954-363-7333
Facsimile: +1-954-363-7320
Email: info@dragoncapital.us
Things are really looking up skichic!!! the fact that dow jones picked up the news and the company updated the web site tells me they are getting ready to get the story out to the world!!! take good care, paydirt
PR on yahoo this morning and web site update !!
wow....just checked dow jones and the news was released there too. this is great news!!! GLA , paydirt
hi there mtg, this is the one that works now but not very up to date. they must be updating the .US site for the new year. gla, paydirt
http://chinalogisticsinc.com/dragoncapital/index.htm
not sure whos crapin all these shares out but you are right, its a good time to grabem up. maybe its a MM doing his end of year books or something but wont matter when news starts coming from 7 different places:) gla, paydirt.
PS. Silver, sure got a tiger by the tail with that steel maker, good job man.
INO INO skichic, its funny, every1 is chasing these stocks with no earnings and here we are with close to 15 mil in revs and solid profits and no one except us ofcourse is looking:) no worries though.....load the boat and wait for news from the subs to hit and folks will be late to party while we sit back and smokem if ya gotem....hehehehhehe.....take good care, paydirt
this is what i like, taken from the Q on rev numbers climbing.....
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
Revenues for the three and nine months ended September 30, 2014 totaled $5,032,186 and $14,333,514, reflecting a
increase of 5.1% and 1.4% over the comparable period of prior year. The increase was mainly attributable to over all better
performance in the subsidiaries.
PhosAgro Seen Gaining 48% Next Year on Phosphate Demand
By Halia Pavliva and Elena Popina Dec 23, 2014 6:52 PM PT 0 Comments
OAO PhosAgro (PHOR), the phosphate producer that has avoided a plunge in Russian stocks, is poised to rally in 2015 as global demand for the fertilizer rises and a weaker ruble boosts sales, according to analysts who cover the company.
The London-traded shares sell for 7.7 times projected 12-month earnings, about half the average multiple of 16 global peers, data compiled by Bloomberg show. Fifteen of 18 analysts rate the stock buy, giving it the second-highest consensus recommendation, the data show. The mean price target of $14.32 implies a possible return of 48 percent.
“There is a lot of potential in PhosAgro as global demand for phosphate fertilizers is increasing and prices are rising, while the company is also benefiting from the weaker ruble,” Denis Gabrielik, an analyst at Otkritie Capital, said by phone from Moscow on Tuesday. “The stock is significantly undervalued.”
While Russia’s $2 trillion economy is on the verge of its first recession in five years, PhosAgro makes two-thirds of its sales abroad, benefiting from stronger global growth and a weaker local currency. The ruble’s 40 percent plunge against the dollar in 2014 boosts revenue for exporters whose costs are in the local currency. U.S. spot diammonium phosphate prices have increased 16 percent this year as a rebound in grain prices gave farmers more confidence to spend on fertilizers.
PhosAgro’s global depositary receipts have declined less than 1 percent to $9.70 this year. That compares with a 45 percent plunge in the dollar-denominated RTS Index of Russian stocks, the worst performance among 93 primary equity gauges tracked by Bloomberg globally.
Ukraine Standoff
The Bloomberg Russia-US Equity Index of the country’s most-traded shares in the U.S. lost 4.2 percent to 51.74, extending this year’s loss to 49 percent. The Market Vectors Russia ETF, the biggest exchange-traded fund tracking the country’s stocks, sank 3.4 percent to $15.44.
Russian stocks have tumbled as oil, the country’s top export, plunged into a bear market, further squeezing an economy already hurt by financing restrictions, export bans and other international sanctions linked to the Ukraine crisis. President Vladimir Putin, who denies involvement in the conflict, in a speech and press conference at the Kremlin this month cemented his position in the standoff with the U.S. and its allies, blaming them for his country’s economic crisis.
“Russian fertilizer producers have been driven by geopolitical risk factors for most of this year and the outlook for the stocks depends on how President Putin solves the Ukraine crisis, as well as on the supply-demand fundamentals in the specific fertilizer markets,” Rajesh Singla, an analyst at Societe Generale SA in Bangalore, India, said by phone. “The stocks will be driven by the combination of those two factors next year.”
Phosphate Prices
Singla covers Russian fertilizer producers including OAO Uralkali and OAO Acron. He doesn’t have a rating on PhosAgro.
Moscow-based PhosAgro, Europe’s largest phosphate-fertilizer maker, hasn’t been directly targeted by the U.S. and European Union sanctions.
“With PhosAgro’s sales two-thirds outside Russia, this has helped the company sidestep many concerns affecting local stocks,” Jason Miner, a chemicals analyst at Bloomberg Intelligence in Skillman, New Jersey, said by e-mail. “Global phosphate prices bottomed in November and have been recovering. Longer-term, the bull case on phosphates suggests global utilization will remain near 85 percent through 2020 as supply expansions remain modest.”
‘Depressed Markets’
The weaker ruble and stronger commodity prices have helped PhosAgro attract investors such as Jim Rogers, who in September joined the company’s board of directors. Rogers, who set up Quantum Fund with George Soros in the 1970s, bought some of the company’s shares this year and said in a Nov. 25 Bloomberg Television interview that he is investing in “depressed markets,” including Russia.
PhosAgro’s net income is expected to increase 19 percent to 30.2 billion rubles in 2015 after gaining 15 percent to 23 billion rubles in 2014, according to the mean estimate of seven analysts surveyed by Bloomberg.
“The combination of positive factors will be seen in strong financial results next year, making Phosagro even more attractive for investors,” Andrey Tretelnikov, an analyst at Rye, Man & Gor Securities in Moscow, said by phone.
Hi Silver, yeah i guess i get a little carried away when i go into a stock and i am learning alot from folks like you and others. Whatever you do is fine with me and please except my apologies for trying to take over there. I tell you what though, when we get news from the yearly report and updates from the subs, this thing is going to sail and most likely sooner rather than later. take good care, paydirt
hey guys, i added some info to the ibox. tell me what you think :) paydirt...
ps. i would like to get a stock chart up.
good morning skichic, i think this will blow up when we get some updates on all they are doing with all the irons in the fire. we just need a little news and its off to the races. it does seem like theres been good volume lately too. gl2u, paydirt
yeah mike it cost more to buy it than the shares bought. now where is our x-mas news chris?
nice digging silver......
i didnt find those but im glad you did and thats just the start of what they have been up to. this is going to be huge i think. good job, paydirt
COOL BEANS SILVER!!!!!
nice job. i was wondering about the company web site. it must be a work in progress too because i tried the other day and it said it was in regestry and now it goes to locked site. anyway good job on ibox and i would like to see a stock chart on here and maybe some of the goodies from the 2 contracts they nailed. i read them both and there are some real nuggets in them. with solid earnings its hard to understand why this is so cheap!!! take good care, paydirt
lets get that ibox cleaned up and contact the ceo about getting the web site up and that alone will take us to .01........ gla,paydirt
thanks skichic, i think that going into next year we will see a run on the china stocks again because no other place can offer that kind of growth. folks look at china and say they are slowing, but their numbers going slow are our numbers going fast so in my mind its a no brainer. take good care, paydirt
im in...i like china....gl all, paydirt
yeah totally, just to be able to say that we are a public company operating in china with a good, trusted and established base to work from with connections and money in the bank means a whole lot i think. im really starting to get excited again....i hope we get some news soon.
hi mike, hopefully LTT has shot his wad and we can slowly start to move up. regardless of what is happening with the mine or phosphate prices, keep in mind that we are in the best place in the world right now with money in the bank to find some sort of biz. relationship to make some dough. china is still going to grow faster that anywhere else and i look forward to what chris does next. any news and we are back at a nickel or better real quick. take good care, paydirt
thanks mike, if want something added let me know.
thanks, if anyone has any other ideas let me know, paydirt
Mike we really need to hear just what the F@ck is going on with the mine!! I cant really do anything else with the page here without some sort of confirmation about it. one thing you left out is that the ones that are left here are a pretty loyal shareholder base and that accounts for something. anyhow thats all for now, paydirt
well i got the most current update on the front page, not sure if i should take down anything else or add anything else? if anyone has any ideas please post here, paydirt
yeah me neither, i thought someone didnt want me as moderator. i dont know if i can do a good job with page, but i will try.
well i just added myself as moderator again and i will see if i can fix the page up somewhat. take down some of the oudated stuff and add the new news and things like that. if someone has any ideas just post here and i will try and do them. paydirt
Hey Mike........
you better add urself as a moderator since max bailed and see what you can do about cleaning up all the bs on the page, and put the new PRs about Chris on here. i would do it myself but not sure how to move everything around. thanks, paydirt