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Cavico (CVIC) - der erste vietnamesische Wert, der an die Nasdaq geht! - 500 Beiträge pro Seite



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Vietnam ist das nächste aufstrebende Land in Asien, das noch weitgehend unbekannt ist. Wer hier früh investiert, kann an dem Aufschwung hohe Gewinne erwirtschaften.

Cavico realisiert grosse Bauprojekte: Brücken, Kraftwerke, Tunnel, Strassen etc. (Details siehe homepage: http://www.cavicocorp.com). Der Umsatz lag 2008 bei 58 M US$, eine Steigerung von über 50% gegenüber 2007.

Die Baubranche ist immer die erste, die in einem Wachstumsland profitiert. Hier die letzten news zum geplanten Nasdaq Listing. Aktuell ist CVIC an der OTCBB gelistet.

June 11, 2009 - 11:00 AM EDT

Cavico Corp. Files Application for NASDAQ Capital Market Listing

Cavico Corp. ("Cavico" or "the Company") (OTCBB: CVIC), a leading infrastructure construction company in Vietnam, today announced that it has filed an application to list its common stock on the NASDAQ Capital Market.


Upon approval, Cavico will become the first Vietnamese company to list on a U.S. national securities exchange. Cavico's listing application is subject to review and approval by NASDAQ's Listing Qualifications Department for compliance with all NASDAQ Capital Market standards. The Company believes it currently meets NASDAQ's eligibility requirements with the exception of a minimum bid price of $4.00. However, Cavico's shareholders recently approved a reverse stock split of the Company's common stock, which will assist Cavico in meeting the minimum stock price requirement. The Company is working diligently with NASDAQ to complete the application process. Cavico's common stock will continue to trade on the OTC Bulletin Board under its current symbol, CVIC, until NASDAQ approves the Company's application.


The listing application to NASDAQ was first disclosed in the Company's registration statement on Form S-1. This registration statement for a secondary offering was filed on May 22, 2009 but has not yet been declared effective by the Securities and Exchange Commission. Copies of the registration statement and other documents filed with the SEC by Cavico may be obtained through the web site maintained by the SEC at www.sec.gov.


This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.


About Cavico Corp. (OTCBB: CVIC)


Cavico Corp. is focused on large infrastructure projects, which include the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings. Cavico is also making investments in hydropower facilities, cement production plants and urban developments in Vietnam. The company employs more than 3000 employees on projects worldwide, with offices throughout Vietnam and a satellite office in Australia.


Founded in 2000, Cavico is a major infrastructure construction, infrastructure investment and natural resources conglomerate headquartered in Hanoi, Vietnam. Cavico is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, ports and urban community developments. One of the Company's primary competitive advantages is its ability to nurture a project "from concept through completion" with a vertical portfolio of interrelated investment, permitting, design, construction management and facility maintenance services. Cavico's project partners include top multi-national corporations and government organizations. The Company employs more than 3,000 full-time, part-time, and seasonal workers. For more information, visit http://www.cavicocorp.com. Information on the Company's Web site or any other Web site does not constitute a portion of this release.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995


This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to obtain the necessary financing to continue and expand operations, to market its construction services in new markets and to offer construction services at competitive pricing, to attract and retain management, and to integrate and maintain technical information and management information systems; the effects of currency policies and fluctuations, general economic conditions and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. These statements include, without limitation, statements regarding our ability to prepare the Company for growth, the Company's planned expansions, and predictions and guidance relating to the Company's future financial performance. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Contact: Cavico Corp. Timothy Pham, 714-843-5456 Vice President and Director cavicohq@cavico.us or CCG Investor Relations Inc. Roger Ellis, 310-477-9800 Senior Vice President Roger.ellis@ccgir.com http://www.ccgir.com

Contact: U.S. Equity News Tel: (626) 961-8039 Email: info@usequitynews.com


Am 8. Juli wurde bei das entsprechende filing mit allen Details zum listing veröffentlicht.
http://www.sec.gov/Archives/edgar/data/1376742/0001144204090…

Der aktuelle Kurs liegt bei 0,145 US$. Man plant einen reverse split (wahrscheinlich 1:40) und mit dem dann stattfindenden Nasdaq Listing eine Kapitalerhöhung um ca 20 Mil. US$ (ca 3,5 Mil. Aktien nach reverse split).

Fraktal
Und wie kann ich die Schätzchen kaufen ? Über Consors scheint es nicht zu klappen...
Antwort auf Beitrag Nr.: 37.563.146 von LongIsland am 13.07.09 18:42:33Die kann man nur direkt an der OTCBB (also direkt in USA) kaufen. Das geht aber auch über die deutschen Broker.

Fraktal
Sehr dürftige Ergebnisse: ein negatives EBT in 2007, ein nur minimal postives EBT in 2008 (jeweils ohne Einmalerträge/aufwendungen). Zudem hat(te?) das Unternehmen ein hohes working capital Defizit: über -25 Mio zum 31.03.
Antwort auf Beitrag Nr.: 37.564.707 von MFC500 am 13.07.09 22:03:47Ja, stimmt. Aber dafür ist der Kurs auch niedrig. Die Bewertung liegt bei 17,7 Mil.US$ (beim aktuellen Kurs von 0,145 US$), das Eigenkapital bei 19,1 Mil.US$. Das ist für eine Firma, die stark wächst und gerade die Gewinnschwelle überschritten hat, eine wirklich sehr günstige Bewertung.

Häufig genug werden solch Firmen mit einem mehrfachen des Umsatzes bewertet, da man angesichts fehlender Gewinne und Eigenkaptial gar keine andere Bewertungskriterien heranziehen kann. Wenn das bei Cavico so wäre, hätten wir einen Kurs deutlich oberhalb von einem Dollar. Übrigens war der Kurs bei (Wieder-) Aufnahem des Handels im März 2008 tatsächlich bei 1,8 US$. Ich denke, diese Kurse sehen wir locker wieder, wenn die wirtschaftliche Situation sich wieder aufhellt und die asiatischen Länder ihren Boom fortsetzen.

Fraktal
Antwort auf Beitrag Nr.: 37.568.918 von Frakt@l am 14.07.09 14:34:35Ich halte die Bewertung mit Blick auf die Ergebnissituation sowie die Bilanz für sehr ambitioniert, keinesfalls für günstig. Ich sehe auch nicht, warum das Unternehmen ein Vielfaches des Umsatzes kosten sollte. Alternatives Kriterium zum Gewinn wäre der NAV. Aber ich will dir das nicht madig machen. Vietnam halte ich auch für einen der großen Zukunftsmärkte. Vielleicht kann Cavico ja daran partizipieren. Unabhängig davon aber nochmal der Hinweis auf die Liquiditätsprobleme (hohes working capital Defizit), jedenfalls zum 31.03. Du solltest unbedingt prüfen, inwieweit diese noch bestehen oder ggf beseitigt wurden (ich habe nur das SEC-Filing vom 07.07. herangezogen).
Heute wird Cavico heftig gehandelt mit gutem Kursanstieg auf aktuell 0,16 US$. News habe ich allerdings keine gefunden.



Fraktal
Cavico Corp. Schedules Conference Call to Discuss 2009 Second Quarter Results

Aug. 13, 2009 (Business Wire) -- Cavico Corp. (“Cavico” or “the Company”) (OTCBB: CVIC), a leading infrastructure development company in Vietnam, today announced it will host a conference call at 9:00 a.m. EDT on Monday, August 17, 2008, to discuss the 2009 second quarter financial results.

Joining Mr. Hung Manh Tran, Cavico’s Executive Vice President and Director, will be Mr. Tim Pham, Vice President and Director, and Roger Ellis, Partner of CCG Investor Relations.

To participate in the conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 800-688-0796. International callers should dial 617-614-4070. The pass code for the call is 353 391 85.

If you are unable to participate in the call at this time, a replay will be available on Monday, August 17, 2009 at 11.00 a.m. EDT through Monday, August 31, 2009. To access the replay, dial 888-286-8010, international callers should dial 617-801-6888. The conference pass code is 619 061 45.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on http://www.cavicocorp.com. Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a 90-day replay will be available shortly after the call by accessing the same link.


Fraktal
August 14, 2009 - 9:02 PM EDT
Cavico Corp. Announces Second Quarter 2009 Results

Aug. 14, 2009 (Business Wire) -- Cavico Corp. (“Cavico” or “the Company”) (OTCBB: CVIC), a leading infrastructure development company in Vietnam, today announced financial results for the second quarter ended June 30, 2009.

Second Quarter 2009 Results

Gross profit for the second quarter of 2009 was $3.2 million or 23.3% of sales compared to $3.5 million or 17.9% of sales for the three months ended June 30, 2008. The growth in gross profit was attributable to increase in profitability from Dong Nai 4 and Algeri project. Also contributing to the significant growth in gross profit percentage was the decrease in cost of fuel, steel, and replacement parts.

Revenues for the second quarter of 2009 were $13.9 million, down 28.9% from $19.5 million in the second quarter of 2008. On a sequential basis, revenue increased 13.2% compared with the first quarter of 2009 as a result of additions of several new projects and an adverse effect from National Holiday in Vietnam in the first quarter of 2009.

Operating expenses totaled $2.0 million, an increase of 19.9% from $1.7 million. The increase in operating expenses was primarily due to the increase in administrative costs for the corporate office such as professional fees related to audit, legal, consulting services and other administrative costs.

The Company reported an operating income of $1.2 million in the second quarter of 2009, compared to $1.8 million in the second quarter of 2008.

Net income in the second quarter of 2009 was $0.6 million, compared to net income of $1.1 million in the same period a year ago.

Financial Condition

As of June 30, 2009, the Company has $3.8 million in cash, accounts receivable of $10.8 million and construction work in progress of $39.7 million. Total current liabilities were $99.0 million, which includes advance from customers of $19.5 million. As of June 30, 2009, shareholders' equity reached $21.1 million, up 12.5% from shareholder's equity of $18.8 million as of December 31, 2008. During the six months ended June 30, 2009, the Company used $2.9 million in operating activities.

Business Environment

Vietnam’s GDP grew at 6.2% in 2008 and 3.9% in the first half of 2009. The stimulus package rolled out by the Vietnamese economy in December 2008 will help boost the overall economy and result in construction and infrastructure growth.

On June 18, 2009, Cavico announced that Cavico Energy Construction JSC (“Cavico Energy”), a wholly own subsidiary of Cavico Corp, won the contract bid involving construction of an overfill spillway (Package 4) for Da Ban Irrigation Dam. Cavico also has received the investment license, an important document for the development of its planned wind farm project. The Company has also completed the construction of the three ground levels of its high-tech APEX tower, successfully establishing a critical foundation for the whole tower.

“While we saw a decline in our year-over-year results during the second quarter, we are pleased to report net income growth compared with the first quarter of 2009. Our plans include acquiring mine ownership in Vietnam and Laos to expand our scope of business and diversify sources of revenue. Our future strategy includes expanding into the alternative energy sector with an investment in a wind power farm in Vietnam.” said Mr. Hung Manh Tran, Vice President of Cavico Corp. “We are progressing towards completing a reverse stock split and upgrading the listing of our common stock to NASDAQ.”

On June 11, 2009, Cavico announced that the Company has filed an application to list its common stock on the NASDAQ Capital Market. Upon approval, Cavico will become the first Vietnamese company to list on a U.S. national securities exchange.


Fraktal
Cavico Announces Reverse Stock Split
Aug. 19, 2009 (Business Wire) -- Cavico Corp. (OTCBB:CVIC), a leading infrastructure development company based in Vietnam, today announced the effectiveness of a forty-for-one reverse stock split of its common stock. The reverse stock split will take effect at the open of business August 19, 2009. The new symbol at the opening of trading will be CAVO.OB.

The forty-for-one reverse stock split will automatically convert forty shares of the Company's common stock into one share of common stock. The reverse stock split will reduce the number of shares of the Company's common stock outstanding from approximately 130 million to approximately 3.275 million shares. The reverse stock split will affect all issued and outstanding shares of the Company's common stock, and shares of common stock underlying stock options and warrants that are outstanding immediately prior to the effective date of the reverse stock split. Fractional shares will be rounded up to the next whole share, including fractional shares that are less than one share. The Company's common stock will start trading on a split-adjusted basis on August 19, 2009.

Mr. Hung Manh Tran, executive vice president of Cavico Corp., said, "We believe the reverse stock split will better position our company in our efforts to apply for a listing on the Nasdaq exchange. Our goal is to work towards meeting these listing standards, and the reverse split of our shares will place us one significant step closer to achieving this goal. Moreover, the Company believes that a higher share price would broaden Cavico's ability to attract new investors to our compelling story."

Fraktal
August 19, 2009 - 8:00 AM EDT

Cavico Signs Contracts for Stone Stripping and Processing in the Central Region and Bridge Construction in the Northern Region of Vietnam
Aug. 19, 2009 (Business Wire) -- Cavico Corp. (OTCBB: CVIC), a leading infrastructure development company based in Vietnam, today announced that its wholly owned subsidiary, Cavico Transport Construction JSC (“Cavico Transport”), has signed a contract for overburden stripping and stone processing with Dakdrinh Hydropower Joint Stock Company for work related to Dakdrinh’s hydropower plant in the Son Tan village, located in Quang Ngai province. The value of the overburden stripping and stone processing contract has revenue of approximate $1.4 million.

Dakdrinh plant, a 125 Megawatt hydropower plant, is considered to be the largest hydropower plant on Tra Khuc River serving power to Vietnam’s central region. According to the terms of this agreement, the scope of work for the first stage of the project entails the extraction of 700,000 cubic meters of stone in a five month period. Once extracted, the stones will be processed and used for construction purposes. The stone processing phase is expected to be completed at the end of 2013.

Cavico Transport also signed a bridge construction contract with the Rehabilitation Management Unit of Son La Hydropower plant, which revenue is valued at approximately $1.4 million. As part of the contract with Son La Hydropower, Cavico will be responsible for constructing four bridges along the road leading from Interstate 279 to Ca Nang in Muong Chien village, Son La province. A major part of construction work will involve pre-stressed concreting and concrete pole piling. Cavico expects to complete this project within a 23 month period. Interstate 279 is an important highway connecting the Northern provinces of Quang Ninh, Bac Giang, Lang Son, and Son La and is the fourth longest highway in Vietnam. The road being constructed by Cavico will improve the route to Son La hydropower plant, which will enable the project to be completed in a timely manner.

Mr. Hai Thanh Tran, vice president of Cavico Corp., stated, “We are pleased to announce these two contracts. With our extensive experience in managing similar hydropower and bridge construction projects, we look forward to this opportunity to help Dakdrinh Hydropower and Son La Hydropower as they continue to expand their facilities and serve their customers in the region. We are confident that our team will successfully complete these projects efficiently.”

Fraktal
Vielleicht hilft diese Meldung, bzw. die eingeleiteten Aktionen, dem Aktienkurs auf die Beine. Zumindest hält sich der Kurs nach dem reverse split sehr gut!

Cavico Retains Grayling to Provide Integrated Investor and Media Relations Campaign

HANOI, Vietnam, Aug. 21 /PRNewswire-FirstCall/ -- Cavico Corp. (OTC Bulletin Board: CAVO), today announced it has retained Grayling to provide the Company, which is a leading infrastructure development company based in Vietnam, with an integrated investor and media relations program.

Grayling is a leading communications firm best known for its ability to provide both high level strategic counsel and comprehensive program execution in the areas of Investor Relations, Corporate Communications, Public Affairs and Events. Based on its experience, expertise and proven track record of effectiveness, Grayling's clients benefit from its ability to manage complex communications issues on the local or global level through its international network of offices.

Mr. Tran Manh Hung, vice president of Cavico Corp., said, "We are looking forward to working with Grayling to develop and implement a campaign to raise Cavico's profile. Grayling is a communications firm that has a history of success in providing world-class investor relations and media support to publicly traded companies such as ours."

"We expect to create an aggressive communications program that fully conveys Cavico's compelling story as a leading infrastructure developing services provider operating in a very exciting region such as Vietnam and throughout Asia," said Anne McBride, chairman of Grayling Worldwide Investor Relations. "Cavico has the potential to be the first Vietnamese company listed on a US national securities exchange and we plan to communicate its dynamic story to investors and media."

Fraktal
Vietnam’s Cavico plans to list shares on Nasdaq in September

Vietnam’s Cavico plans to list shares on Nasdaq in September Cavico Corp., a construction and mining company, expects to list its shares on Nasdaq Stock Market as early as next month.

The company increased its share price through a reverse stock split earlier this month to help meet Nasdaq listing rules, said Executive Vice President Tran Manh Hung.

Every 40 shares were converted into 1 common share, he said by phone Friday.

“If our shares traded on the US’s OTC Bulletin Board maintain at more than $4 for about 30 days, we expect to get Nasdaq listing approval in September,” Hung said.

A Nasdaq listing may help bolster the company’s reputation with international investors, Hung said.

Shares of Hanoi-based Cavico last traded at $6.18 on the OTC Bulletin Board, an over-the-counter trading platform, on August 19, according to the OTC Bulletin’s website.

Fraktal
Das Interesse an Cavico hält sich hier ja eher in Grenzen :-)

.... könnte aber durchaus von Nachteil sein. Heute gibt es extrem hohe Umsätze (für Cavico) bei deutlich steigenden Kursen:



Fraktal
Cavico hat es geschafft! Seit Freitag sind sie an der Nasdaq gelistet. Der Kurs hat bei hohem Volumen einen deutlichen Sprung gemacht und steht aktuell bei 8,79 US$.


Cavico Receives Approval for NASDAQ Market Listing

Sep. 18, 2009 (Business Wire) -- Cavico Corp. (NASDAQ:CAVO), a leading infrastructure development company based in Vietnam, announced today that its common stock has been approved for listing on The NASDAQ Capital Market under the ticker symbol CAVO. Trading on The NASDAQ Capital Market will commence today.

“We are extremely proud to be the first Vietnamese company to be approved for listing on a U.S. national securities exchange and are gratified to have reached this significant milestone in the Company’s history. Cavico has consistently communicated to shareholders its intention to obtain a listing for its securities on a U.S. national securities exchange. We believe this will provide greater visibility and liquidity for our stock and that this accomplishment demonstrates to our shareholders our commitment to meeting the goals and objectives set forth by management,” stated Mr. Ha Quang Bui, Chief Executive Officer of Cavico Corp.

“Following a comprehensive evaluation of all U.S. exchanges, we determined that The NASDAQ Capital Market was the best fit for Cavico Corp. The listing procedure was a rigorous process, specifically the due diligence conducted by NASDAQ. Cavico Corp. has met and will remain subject to all the NASDAQ listing requirements,” concluded Mr. Bui.

The NASDAQ Capital Market is the largest U.S. equities exchange, with approximately 3,200 member-companies. Nasdaq-listed companies are leaders across all areas of business including industrials, technology, retail, communications, financial services, transportation, media, and biotechnology.

Rodman & Renshaw LLC, (Nasdaq: RODM), a full service investment bank dedicated to providing corporate finance, strategic advisory and related services to companies, acted as the investment advisor to Cavico Corp. in connection with its listing on The NASDAQ Capital Market.

Sichenzia Ross Friedman Ference LLP (www.srff.com), a leading securities law firm specializing in small and mid-cap public companies, represented Cavico Corp. in connection with its listing on The NASDAQ Capital Market

Fraktal
Date : 09/22/2009 @ 8:00AM

Cavico Awarded Tunnel Construction Contract at Thuong Kon Tum Hydropower Plant

Cavico Corp. (NASDAQ: CAVO), a leading infrastructure development company based in Vietnam, today announced that Vinh Son – Song Hinh Hydropower Joint Stock Company has awarded us a contract to construct a service access tunnel and road leading to Thuong Kon Tum hydropower plant. The project’s Phrase I and II contracts have an estimated revenue value of $7 million and $5 million, respectively.

For Phrase I, we will excavate a 1.8 kilometer long, 6.5 diameters wide, and 7.5 diameters high service access tunnel and construct and improve the road around the plant. In Phrase II, we will be responsible for pouring concrete for the tunnel.

The Thuong Kon Tum hydropower plant is a 240 Megawatt hydropower plant with a capital investment of $300 million and is located on the DakNghe River, in the Kon Tum province in central Vietnam. The plant, expected to be completed in five years, will supply 1070 million kilowatt-hours per year to this region.

“We are very pleased to be awarded construction work at Thuong Kon Tum hydropower plant. This plant has a design of a 16 kilometer long tunnel and will make this the longest tunnel ever constructed in Vietnam. The project will have many complex construction packages that require highly sophisticated and specialized engineering technologies,” comments Mr. Hai Thanh Tran. “As an experienced contractor in the field of underground construction, Cavico is confident in its ability to execute its scope of work.”

Fraktal
Seit der Eröffnung dieses threads am 13.7. hat der Kurs um mehr als 100% zugelegt, von 5,80 US$ (entspricht 0,145 US$ vor dem reverse split) auf aktuell 12,1 US$.

Da hier außer mir keiner postet, würde mich interessieren, ob irgendeiner der stillen Leser in diesen Wert eingestiegen ist.

Das Kurspotential dürfte immer noch sehr gut sein. Dazu dürfte auch das geplante investor relation Programm beitragen, das am 21.8. angekündigt wurde. Hier noch einmal die Pressemitteilung dazu:

Cavico Retains Grayling to Provide Integrated Investor and Media Relations Campaign

HANOI, Vietnam, Aug. 21 /PRNewswire-FirstCall/ -- Cavico Corp. (OTC Bulletin Board: CAVO), today announced it has retained Grayling to provide the Company, which is a leading infrastructure development company based in Vietnam, with an integrated investor and media relations program.

Grayling is a leading communications firm best known for its ability to provide both high level strategic counsel and comprehensive program execution in the areas of Investor Relations, Corporate Communications, Public Affairs and Events. Based on its experience, expertise and proven track record of effectiveness, Grayling's clients benefit from its ability to manage complex communications issues on the local or global level through its international network of offices.

Mr. Tran Manh Hung, vice president of Cavico Corp., said, "We are looking forward to working with Grayling to develop and implement a campaign to raise Cavico's profile. Grayling is a communications firm that has a history of success in providing world-class investor relations and media support to publicly traded companies such as ours."

"We expect to create an aggressive communications program that fully conveys Cavico's compelling story as a leading infrastructure developing services provider operating in a very exciting region such as Vietnam and throughout Asia," said Anne McBride, chairman of Grayling Worldwide Investor Relations. "Cavico has the potential to be the first Vietnamese company listed on a US national securities exchange and we plan to communicate its dynamic story to investors and media."

Fraktal


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