Asia Global Holdings Corp. (fka AAGH)

[jaybird249]

CORRECTED AAGH DD HIGHLIGHTS UPDATED JULY 18
Asia Global Holdings Corporation (AAGH.OB) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason AAGH could be a "dime to dollar" stock in 2006.

AAGH provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. AAGH rose from $.07 to $.21 recently and has filled the gap at $.08. AAGH is going MUCH higher for the following reasons:

1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, AAGH should have close to $1 Million is sales this quarter. With historical 80% margins, that would give AAGH $800,000 gross profit. Subtract $400,000 in selling and administrative expenses and AAGH earns a $400,000 quarterly profit or $.02 per share.
With AAGH's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.08 - $.10 range.

2) AAGH's rapid China sales growth will be enhanced by AAGH by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market AAGH's media advertising services in China, providing the potential to increase sain the China market

3) GREAT financials. $1 Million net working capital and no debt.

4) AAGH has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual

5) AAGH is focusing efforts on China growth through aquisitions and organic growth. AAGH has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55

6)AAGH is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for AAGH. GTEC.OB has a $17 MM market cap and has comparable sales to AAGH. If AAGH even reaches $10 MM market cap it will be a $.50 stock.

7) AAGH has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.

8)AAGH is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.

AAGH reminds of SUWN.OB which went from $.02 to $1.69. AAGH has all the ingredients for an explosive price rise- low float, great financials, China sector.