Replies to post #400 on Smooth Global (China) Holdings (fka SMGH)

[GordonGecko]

and going to increase for sure!! :)

[TradeForProfits]

Golden cross when BM's surpass PPS :)

[lstedr_adv]

more to come...with china and huge market growing there.

look at this article

big market..lots of tourists and china is modernizing.

This thing is big!!!!


http://stockideas.org/content/view/1377/82/

According to The World Tourism Organization, China will have more than 100 million outbound travelers in 15 years.

The number of Chinese tourists have already surpassed Japan's, to become Asia's biggest nation of tourists!

SMGH announced that it's subsidiary, Beijing GRT Information Services Limited ("Beijing GRT") has signed contracts with eight sales agents located at Nanjing, Urumchi, Hangzhou, Zhengzhou, Guangzhou, Chengdu, Chongqing and Jinan to provide International Call Forwarding Services ("ICFS") to outbound travelers.

Broadband use in China is growing at about 80% a year and is expected to reach 130 million users by 2010!

At the end of December 2007, there were 547.29 million subscribers of mobile communication services in China according to statistics published by China's Ministry of Information.

SMGH launched its International Call Forwarding service for mobile phone users in Shanghai city in China from February 2007, and is now planning to roll out this business into other 20 cities in China within two years.

SMGH is the first one and currently the only one operator of this kind of business in China!

SMGH announced last month that the company is negotiating with China Unicom Group Beijing branch to extend and improve the contract for its PayPhone Business from 2007.

When a customer uses the payphone or VoIP phone to make a call, the usage fee is calculated and charged by the number of pulses (one minute intervals) made in accordance with the government fixed tariffs or government guidance tariffs, whichever is applicable.

SMGH operates public payphone service, VoIP service and international call forwarding (“ICF”) service in P.R. China through its two subsidiaries: Beijing QTC Information & Services Ltd. (“Beijing QTC”) and Beijing GRT Information Services Ltd. (“Beijing GRT”).

SMGH's VoIP solution advantages are that interphones cost nothing and local call fees can be paid for, branches can contact any companies in any countries by IP phone with low expenses, one IP PBX system can be built to transfer video, data, and voice by VoIP technique, staff can contact each other frequently by low conversation expenses.