Cavico Corp (fka CAVO)

[lakingsphan0427]

Stockguru.com: Morning Updates for Tuesday, September 12, 2006 Featuring WGL Entertainment Holdings, Cavico, and Network Exploration

Dallas, Texas, Sep 12, 2006 (M2 PRESSWIRE via COMTEX) -- StockGuru Pre-Market Updates for Tuesday include WGL Entertainment Holdings, Inc. (OTCBB: WGLE), Cavico Corporation (OTC: CVCP), and Network Exploration Ltd. (OTC: NETYF). StockGuru Pre-Market Updates feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock.

For a quote and the latest news on this company, please visit: http://www.stockguru.com/profiles/wgle.php Cavico Corporation (OTC: CVCP) - Monday's shares went up 4.08% to $0.51. The volume was 124,855. Cavico Corporation announced on September 7th that as of July 2006 it had generated US $4.3 million of the US $7 million goal it has set for 2006 from the Nui Beo coal mine project. Cavico has a 15-year contract, which is renewable every 5 years, to provide services for the Nui Beo project. Gross revenues to Cavico from the execution of the project contract are estimated at US $35-$40 million during 2005-2009, after which the contract will be renewed if the company deems that the contract will still yield satisfactory income.

Cavico Corporation is a Vietnamese engineering and construction company working in the fields of infrastructure development within Vietnam and throughout Asia and the Pacific Rim. The company's projects include hydropower facilities, dams, bridges, roads, mining and urban buildings. The company is headquartered in Hanoi, Vietnam, with offices throughout Vietnam and a satellite office in Australia.