this is why this stock will rise soon to the moon AAGH.OB rose 40% to $.165 but is only starting- IMO AAGH is the best small cap buy out there: Asia Global Holdings Corporation (AAGH.OB) provides Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and China.
HIGHLIGHTS:
(1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter from the quarter just before!! http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46 If June was even half the rate of the first two months, AAGH should have $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 profit before taxes or .01+/share after taxes. With AAGH's initiatives to increase sales in China (which are apparently working) these earnings should be sustainable going forward. Consequently, annualized earnings going forward should be in the $.05 - $.10 range which is insane for a 10 cent stock.
(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.
(3) GREAT financials. $1 Million net working capital and no debt.
(4) AAGH has been historically profitable shortly before changing its operations to what is more profitable and higher growth for them in China: http://finance.yahoo.com/q/is?s=BAWC.OB&annual
(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 over $1.30 in a couple of months in 2004 just on speculation of the sales and growth they are finally starting to produce now.
(8) AAGH is raising its profile with the Investment community with its name change and focus on China operations.
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