Neuer Rekord an der OTCBB : LGOV mit 1,5 Milliarden $ Deal - 500 Beiträge pro Seite
eröffnet am 29.03.05 13:49:16 von
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Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
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OS 270.000.000
aktuell bei 0.28$
Largo Vista Group Signs 1.5B Oil Contract
Monday March 28, 6:00 am ET
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 28, 2005--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that negotiations with Shanghai Offshore Oil Group (HK) Co., Ltd. have resulted in a signed contract (No. MZ07976). The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery.
Signing the final agreement is one of the highlights LGOV targeted in the pursuit of business opportunities in China. The nation is the largest fuel oil importer in the Asia Pacific region and this contract will give Largo Vista Group, Ltd. worldwide attention. With an approved price structure assuring LGOV profits, this milestone should move the company closer to a national market listing and help make the next move easier.
The company continues to remain focused on expanding their residential LPG pipeline systems. Each LPG project is contracted for a 40-year exclusive right-to-supply agreement. Largo Vista Group, Ltd. is the leader for residential LPG pipeline construction in Guizhou Province, which has a population of over 40 million.
Largo Vista Group Ltd. has headquarters in the U.S., with offices in both China and Vietnam. For more information, please visit: www.largovista.com.
The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the Company`s ability to produce and market products and or services and other risks detailed from time to time in their Company`s reports with the Securities Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Largo Vista Group
Investor Relations, 949-252-2180
--------------------------------------------------------------------------------
Source: Largo Vista Group, Ltd.
aktuell bei 0.28$
Largo Vista Group Signs 1.5B Oil Contract
Monday March 28, 6:00 am ET
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 28, 2005--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that negotiations with Shanghai Offshore Oil Group (HK) Co., Ltd. have resulted in a signed contract (No. MZ07976). The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery.
Signing the final agreement is one of the highlights LGOV targeted in the pursuit of business opportunities in China. The nation is the largest fuel oil importer in the Asia Pacific region and this contract will give Largo Vista Group, Ltd. worldwide attention. With an approved price structure assuring LGOV profits, this milestone should move the company closer to a national market listing and help make the next move easier.
The company continues to remain focused on expanding their residential LPG pipeline systems. Each LPG project is contracted for a 40-year exclusive right-to-supply agreement. Largo Vista Group, Ltd. is the leader for residential LPG pipeline construction in Guizhou Province, which has a population of over 40 million.
Largo Vista Group Ltd. has headquarters in the U.S., with offices in both China and Vietnam. For more information, please visit: www.largovista.com.
The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the Company`s ability to produce and market products and or services and other risks detailed from time to time in their Company`s reports with the Securities Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Largo Vista Group
Investor Relations, 949-252-2180
--------------------------------------------------------------------------------
Source: Largo Vista Group, Ltd.
Ja leck mich mal fett!!!!!!!
Warum wird das Teil in Berlin nicht gehandelt???????
Sofort haben will!!!!!!
Warum wird das Teil in Berlin nicht gehandelt???????
Sofort haben will!!!!!!
Berlin bereits +160%!!!!
@Walgrekk:
Waren das deine zu 0,26€ ?
Waren das deine zu 0,26€ ?
Macht mal nicht so ein Stress!
Sind ja schließlich gestern schon gehandelt wurden!
Sind ja schließlich gestern schon gehandelt wurden!
Ja!
Will aber mehr!!
Will aber mehr!!
dann bediene dich doch :-)
8.000 zu 0,25 und 8.000 zu 0,26 sind doch noch im Angebot!!!
8.000 zu 0,25 und 8.000 zu 0,26 sind doch noch im Angebot!!!
und weshalb bezahlt ihr einen so großen Aufschlag in Berlin? Der faire Kurs liegt bei ca. 22cents
Wo?
seh nix!!
seh nix!!
waren vor 5 minuten noch im Berliner Orderbuch...
jetzt sind sie wech :-)
jetzt sind sie wech :-)
kennt sich jemand mit Orderbüchern bei den exotischen Werten aus?
Ich habe eine Kauforder über 100 Stück der Aktie X zu 18,50 reingestellt bei einem aktuellen Kurs von 17,25! Zu 18€ ist ein Verkäufer bereit 250 Stücke zu verkaufen... warum bekomme ich diese Aktie nicht? Wollen die die nicht für mich stückeln?
Ich habe eine Kauforder über 100 Stück der Aktie X zu 18,50 reingestellt bei einem aktuellen Kurs von 17,25! Zu 18€ ist ein Verkäufer bereit 250 Stücke zu verkaufen... warum bekomme ich diese Aktie nicht? Wollen die die nicht für mich stückeln?
mehr davon, bitte!!!!
0,4
das ist doch bescheuert!!
0,26 war schon eine Überwindung...
das ist doch bescheuert!!
0,26 war schon eine Überwindung...
geil! da wollte einer unserer Gesprächsteilnehmer aber Kasse machen ;-) 0,40!
jetzt 15.000 zu 0,25!
ach los jungs ob ihr nun zu 1,26 oder 0,40
mir stücke abnehmt, wo ist der unterschied
mir stücke abnehmt, wo ist der unterschied
walli du alte schlampe, mach nicht so einen wind hier.
warte auf die eö in usa und schlag dort zu!!
oder willst du deine teile teuer los werden??
du hast mit deinen empfehlungen hier schon einige reingeritten, also maul halten !!
warte auf die eö in usa und schlag dort zu!!
oder willst du deine teile teuer los werden??
du hast mit deinen empfehlungen hier schon einige reingeritten, also maul halten !!
Ich danke dem Spender
für 0,25!
okay, das reicht erstmal
an Stücken!
für 0,25!
okay, das reicht erstmal
an Stücken!
"du hast mit deinen empfehlungen hier schon einige reingeritten, also maul halten !!"
naja, ich würde sagen, jeder ist für sein Handeln selbst verantwortlich. Und wer nur aufgrund irgendwelcher Postings in Aktien investiert, sollte sich über Verluste nicht beschweren
naja, ich würde sagen, jeder ist für sein Handeln selbst verantwortlich. Und wer nur aufgrund irgendwelcher Postings in Aktien investiert, sollte sich über Verluste nicht beschweren
Ich halte die
Teile für mein Musterdepot.
Sollten sie allerdings die nächsten
Tage um mehrere 100% steigen, werden
die natürlich verkauft!
Aber dann in den USA
Teile für mein Musterdepot.
Sollten sie allerdings die nächsten
Tage um mehrere 100% steigen, werden
die natürlich verkauft!
Aber dann in den USA
@megapol
du hälst bitte auch die fresse.
von der seitenlinie kann jeder dumm daher reden.
du hälst bitte auch die fresse.
von der seitenlinie kann jeder dumm daher reden.
@#21
Da scheint ja jemand sehr gereizt zu sein. Ich empfehle eine Auszeit von der Börse
Da scheint ja jemand sehr gereizt zu sein. Ich empfehle eine Auszeit von der Börse
USA vorbörslich schon $0,294
Was ist das für ein Umgangston. Bitte haltet Euch mit
Beleidigungen zurück!
Gruß jojo
Beleidigungen zurück!
Gruß jojo
@Wallgrekk
Wo kann mann dein Musterdepot einsehen?
Wo kann mann dein Musterdepot einsehen?
AK-68
noch nirgends bisher.
Aber evtl. nächste Woche!
noch nirgends bisher.
Aber evtl. nächste Woche!
$0,295
"...With an approved price structure assuring LGOV profits, this milestone should move the company closer to a national market listing and help make the next move easier...."
Die hättest du jetzt auch bekommen zu 0,242$
wayne, wie gesagt:
Gekauft und werden liegengelassen.
Ich habe ganz viel Zeit und bin nicht
auf schnelle Gewinne angewiesen.
ob die Teile zwischendurch mal 20% oder 30%
verlieren, interessiert mich nicht.
Ein Auftrag über $1,5Mrd. (!!) bekommt man
nicht alle Tage. Damit dürfte die Zukunft
von LGOV gesichert sein und meiner Meinung
nach wird der jetzige Kurs auch in Zukunft als
"lächerlich" abgestempelt werden.
Vor einem Euro denke ich gar nicht daran, zu verkaufen!
Gekauft und werden liegengelassen.
Ich habe ganz viel Zeit und bin nicht
auf schnelle Gewinne angewiesen.
ob die Teile zwischendurch mal 20% oder 30%
verlieren, interessiert mich nicht.
Ein Auftrag über $1,5Mrd. (!!) bekommt man
nicht alle Tage. Damit dürfte die Zukunft
von LGOV gesichert sein und meiner Meinung
nach wird der jetzige Kurs auch in Zukunft als
"lächerlich" abgestempelt werden.
Vor einem Euro denke ich gar nicht daran, zu verkaufen!
Date Open High Low Last Change Volume % Change
03/29/05 0.2950 0.2950 0.2400 0.2510 -0.0290 3359843 -10.36%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 2880995
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 2545656
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 1606421
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.2800 0.1687 0.2747 0.3807
03/29/05 0.2950 0.2950 0.2400 0.2510 -0.0290 3359843 -10.36%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 2880995
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 2545656
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 1606421
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.2800 0.1687 0.2747 0.3807
Es geht jetzt wieder hoch!!!
$22,8
sorry,
.228
so weit simmer ja noch nicht...
.228
so weit simmer ja noch nicht...
.23
auf RB drehen sie jetzt ab!!
87560 BIG BLOCKS COMINGGGGGGG blue_chips-24 29 Mar 2005
2:55 PM EST
87559 YESSSSSSSSSSSSSSSS .23 blue_chips-24 29 Mar 2005
2:54 PM EST
87558 share price is down on lower-than-yesterday`s vol tradertony 29 Mar 2005
2:54 PM EST
87557 looks like we are loved again! kiss kiss! ibcscam 29 Mar 2005
2:53 PM EST
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87556 CLOSE IN GREEN blue_chips-24 29 Mar 2005
2:53 PM EST
87555 Guys, relax....even if we close at 0.25, we are s worriedny 29 Mar 2005
2:52 PM EST
87554 COME ONNNNN BABYYYYYYYYYY blue_chips-24 29 Mar 2005
2:52 PM EST
87553 POORS SHORTERSSSSSSSS blue_chips-24 29 Mar 2005
2:51 PM EST
87552 MACD crossed with a single dot! raging_trader 29 Mar 2005
2:51 PM EST
87551 .295 EASY TODAY!
87560 BIG BLOCKS COMINGGGGGGG blue_chips-24 29 Mar 2005
2:55 PM EST
87559 YESSSSSSSSSSSSSSSS .23 blue_chips-24 29 Mar 2005
2:54 PM EST
87558 share price is down on lower-than-yesterday`s vol tradertony 29 Mar 2005
2:54 PM EST
87557 looks like we are loved again! kiss kiss! ibcscam 29 Mar 2005
2:53 PM EST
Get the trading tool that savvy investors use - Qcharts.com.
87556 CLOSE IN GREEN blue_chips-24 29 Mar 2005
2:53 PM EST
87555 Guys, relax....even if we close at 0.25, we are s worriedny 29 Mar 2005
2:52 PM EST
87554 COME ONNNNN BABYYYYYYYYYY blue_chips-24 29 Mar 2005
2:52 PM EST
87553 POORS SHORTERSSSSSSSS blue_chips-24 29 Mar 2005
2:51 PM EST
87552 MACD crossed with a single dot! raging_trader 29 Mar 2005
2:51 PM EST
87551 .295 EASY TODAY!
.232
jetzt kommen fette Umsätze rein!!
noch mehr news???
noch mehr news???
die 0,17 werden sicher noch kommen, ab dann könnte man drüber nachdenken
Man muss sich mal ansehen,
von wo die Aktie gekommen ist
in den letzten Wochen:
mehr als +400%
Da ist es doch ganz normal, dass
erstmal ein paar Gewinne mitgenommen
werden.
Mein 1. Kursziel lautet $1
und das innerhalb der nächsten 3 Monate
von wo die Aktie gekommen ist
in den letzten Wochen:
mehr als +400%
Da ist es doch ganz normal, dass
erstmal ein paar Gewinne mitgenommen
werden.
Mein 1. Kursziel lautet $1
und das innerhalb der nächsten 3 Monate
Ich will ja nicht meckern. Aber mir unverständlich, weshalb man heute in Berlin einen solchen Aufschlag zum Amischlusskurs bezahlt hat. Schließlich gab es heute morgen keine News die auf eine große Kurssteigerung schließen ließen.
Aber okay, jedem das seine
Aber okay, jedem das seine
Megapol:
Da hast Du natürlich grundsätzlich
Recht. Aber wenn man sich den tagesverlauf
von gestern ansieht, ist da nach dem ersten
Anstieg eigentlich nix mehr passiert.
Ich habe da auf einen weiteren, fulminanten
Anstieg spekuliert.
Aber das tut ja nix zur Sache, da ich so oder so
vorhabe die Teile länger zu halten.
Da hast Du natürlich grundsätzlich
Recht. Aber wenn man sich den tagesverlauf
von gestern ansieht, ist da nach dem ersten
Anstieg eigentlich nix mehr passiert.
Ich habe da auf einen weiteren, fulminanten
Anstieg spekuliert.
Aber das tut ja nix zur Sache, da ich so oder so
vorhabe die Teile länger zu halten.
Wallgrekk
Wenn Du länger halten willst, ist der heutige Kurs natürlich nicht ganz so wichtig. Und bei OTC-Aktien weiß man sowieso nie so genau, wie sie laufen. Wünsche Dir jedenfalls, dass Du den Dollar möglichst schnell siehst.
Schönen Abend wünscht
Mega
Wenn Du länger halten willst, ist der heutige Kurs natürlich nicht ganz so wichtig. Und bei OTC-Aktien weiß man sowieso nie so genau, wie sie laufen. Wünsche Dir jedenfalls, dass Du den Dollar möglichst schnell siehst.
Schönen Abend wünscht
Mega
Megapol oder andere:
es gibt 320mio. outstanding shares
bei einem Kurs von $0,2 im Schnitt
wäre das eine Bewertung von lächerlichen
$64mio
Träum ich??????????
Bei einem Auftrag (der erste!!!!!!!!!!) von
$1.5 Mrd. Dollar????
Ich weiss nicht, wo der Haken ist. Aber
falls das alles stimmt, dann ist das der Jahrhundertzock!
MEINER MEINUNG NACH!!!
Soll natürlich niemanden zum Kauf oder Verkauf
anregen. Jeder ist für sein Investment selbst
verantwortlich. Ist nur meine Meinung.
Immer selbst recherchieren!!!!
es gibt 320mio. outstanding shares
bei einem Kurs von $0,2 im Schnitt
wäre das eine Bewertung von lächerlichen
$64mio
Träum ich??????????
Bei einem Auftrag (der erste!!!!!!!!!!) von
$1.5 Mrd. Dollar????
Ich weiss nicht, wo der Haken ist. Aber
falls das alles stimmt, dann ist das der Jahrhundertzock!
MEINER MEINUNG NACH!!!
Soll natürlich niemanden zum Kauf oder Verkauf
anregen. Jeder ist für sein Investment selbst
verantwortlich. Ist nur meine Meinung.
Immer selbst recherchieren!!!!
aus dem RB Board.
Wie seht ihr die Rechnung???
By: jonesiecybr
29 Mar 2005, 05:35 PM EST
Msg. 87699 of 87701
(This msg. is a reply to 87683 by walligermany.)
Jump to msg. #
Possible PPS?
Contract size: $1.5B
Contract term: 3 years
Contract profit margin: Unknown at this time.
Shares O/S: 270MM
PE of 8 sound reasonable? More? Less? 14?
1% margin gets us EPS of $0.0185, 8 PE gets us PPS of .148
2% margin gets us EPS of $0.037, 8 PE gets us PPS of .296
3% margin gets us EPS of $0.0555, 8 PE gets us PPS of .444
5% margin gets us EPS of $0.0925, 8 PE gets us PPS of .74
10% margin gets us EPS of $0.185, 8 PE gets us PPS of 1.48
For this first contract.
jonesie
Wie seht ihr die Rechnung???
By: jonesiecybr
29 Mar 2005, 05:35 PM EST
Msg. 87699 of 87701
(This msg. is a reply to 87683 by walligermany.)
Jump to msg. #
Possible PPS?
Contract size: $1.5B
Contract term: 3 years
Contract profit margin: Unknown at this time.
Shares O/S: 270MM
PE of 8 sound reasonable? More? Less? 14?
1% margin gets us EPS of $0.0185, 8 PE gets us PPS of .148
2% margin gets us EPS of $0.037, 8 PE gets us PPS of .296
3% margin gets us EPS of $0.0555, 8 PE gets us PPS of .444
5% margin gets us EPS of $0.0925, 8 PE gets us PPS of .74
10% margin gets us EPS of $0.185, 8 PE gets us PPS of 1.48
For this first contract.
jonesie
hab jetzt 51.000 stücke
Form 8-K for LARGO VISTA GROUP LTD
--------------------------------------------------------------------------------
1-Apr-2005
Entry Material Agreement
Item 1.01 Entry Into a Material Definitive Agreement
On March 21, 2005, Largo Vista Group, Ltd. (the Company) announced that it had agreed in principal with Shanghai Offshore Oil Group (HK) Co., Ltd. (Shanghai Oil) to provide petrochemicals from Russia to end-users in China. A copy of this press release is attached as Exhibit 99.1.
On March 28, 2005, the Company announced that it had signed a definitive agreement with Shanghai Oil to provide fuel oil from Russia to end-users in China beginning in May of 2005 for a period of thirty-seven (37) months. A copy of that press release is attached as Exhibit 99.2.
A copy of the definitive agreement is will be attached to the Companys Form 10-KSB to be filed on or before April 15, 2005.
--------------------------------------------------------------------------------
1-Apr-2005
Entry Material Agreement
Item 1.01 Entry Into a Material Definitive Agreement
On March 21, 2005, Largo Vista Group, Ltd. (the Company) announced that it had agreed in principal with Shanghai Offshore Oil Group (HK) Co., Ltd. (Shanghai Oil) to provide petrochemicals from Russia to end-users in China. A copy of this press release is attached as Exhibit 99.1.
On March 28, 2005, the Company announced that it had signed a definitive agreement with Shanghai Oil to provide fuel oil from Russia to end-users in China beginning in May of 2005 for a period of thirty-seven (37) months. A copy of that press release is attached as Exhibit 99.2.
A copy of the definitive agreement is will be attached to the Companys Form 10-KSB to be filed on or before April 15, 2005.
yeah! Auftrag also tatsächlich real!!
Vorbörslich leider noch keine Reaktion
Ask 0,198$
Bid 0,190$
Heute endlich mal eine Kaufempfehlung
http://www.americanbulls.com/StockPage.asp?CompanyTicker=LGO…
http://www.americanbulls.com/StockPage.asp?CompanyTicker=LGO…
@Wallgrekk
Möchste noch 11000 haben ,bereiten mir nur graue Haare
Möchste noch 11000 haben ,bereiten mir nur graue Haare
hm, heute finden wieder etliche blocktradings statt. also abwarten. erst wenn die verteilt sind, wird ein anstieg zugelassen werden (um das mal etwas unproffessionell auszudrücken).
so ganz langsam und vorsichtig könnte man ans einsteigen denken.
sind ja bald an der 0,17`er marke
sind ja bald an der 0,17`er marke
Wie so zu lesen war, wird es erst nach einem vollständigen Q Bericht dorthin gehen, wohin wir uns das Teil alle wünschen.
$1 bald?
"1.5 billion dollar contract issued as a sale for 37 month period. Imho this stock is very undervalued.
The Price-to-sale-ratio (PSR) says a stock trading at a PSR of 1 or less is a fair priced stock.
The PSR for the contract in total would be .032 (Market cap. which is $48,583,494 / Sales for the 37month period is 1.5 billion). So you could buy 1$ of the company`s sales for only .032
If it would happen to be the only contract and revenue this company ever sees for 3 years and 1month (37months) then we would have to subtract all expenses (payroll, utilities, etc.) of the company assuming they have no other revenue ever. Lets be conservative and say that they end up using half of their contract deal (they would still be left with 750,000,000) and then just for amusement`s sake we imagine they dilute this stock to the fully authorized shares of 400,000,000 of the 270,000,000 (400,000,000 - 270,000,000 = an extra 130,000,000 shares at let`s say .001) that are outstanding now this company would still be worth more than the .18 that it is now. The only way this company can literally tank is if they secure financing for more authorized shares and bring this back to the single digits. People have to remember that when a company decides on doing things like this they know the effects on the shareholder`s value. But for the few successful companies that ever come out of the OTC:BB, this looks to be one of them. So in the long term this company is undervalued and this is just one of the many great things headed for this company IMO. I know there will be a bounce this week but no guarantee this will stay up in the short term above the .30`s but do expect more press releases this week that will bring much more investor awareness and serious investors that will hold the value of this company for the longer term."
from WallstreetAlert on www.hotstockmarket.com
"1.5 billion dollar contract issued as a sale for 37 month period. Imho this stock is very undervalued.
The Price-to-sale-ratio (PSR) says a stock trading at a PSR of 1 or less is a fair priced stock.
The PSR for the contract in total would be .032 (Market cap. which is $48,583,494 / Sales for the 37month period is 1.5 billion). So you could buy 1$ of the company`s sales for only .032
If it would happen to be the only contract and revenue this company ever sees for 3 years and 1month (37months) then we would have to subtract all expenses (payroll, utilities, etc.) of the company assuming they have no other revenue ever. Lets be conservative and say that they end up using half of their contract deal (they would still be left with 750,000,000) and then just for amusement`s sake we imagine they dilute this stock to the fully authorized shares of 400,000,000 of the 270,000,000 (400,000,000 - 270,000,000 = an extra 130,000,000 shares at let`s say .001) that are outstanding now this company would still be worth more than the .18 that it is now. The only way this company can literally tank is if they secure financing for more authorized shares and bring this back to the single digits. People have to remember that when a company decides on doing things like this they know the effects on the shareholder`s value. But for the few successful companies that ever come out of the OTC:BB, this looks to be one of them. So in the long term this company is undervalued and this is just one of the many great things headed for this company IMO. I know there will be a bounce this week but no guarantee this will stay up in the short term above the .30`s but do expect more press releases this week that will bring much more investor awareness and serious investors that will hold the value of this company for the longer term."
from WallstreetAlert on www.hotstockmarket.com
...scheint wohl auch gerade
erst loszugehen...
erst loszugehen...
Wer ist dieser Typ???
By: largoman11
03 Apr 2005, 11:00 PM EDT
Msg. 88636 of 88685
(This msg. is a reply to 88634 by 8sixes.)
Jump to msg. #
8sixes, he is aware of the situation as he is the one who brought it to us. There is no need for approval as he is the temp President and has the final call. You are correct about his shareholders as it stands right now but don`t forget about Dan`s 19 million shares as they will play a role soon. As for you Greggy, please refrain from your lying. I did not say we would have a r/s, now did I? Also if you look at my earlier post you will see our theory on what the companies net worth is and what we feel is a fair share price for the offering. Greggy, please feel free to visit us tomorrow evening. That will shut-up all of you morons and then we will all be on the same path for the rainbow. Anyone is welcome to show up tommorrow evening and then all the rumors will be put to rest. Let`s see I have provided you with the company, share price range, allocation of shares and now you all have a chance to meet the players.
By: largoman11
03 Apr 2005, 11:00 PM EDT
Msg. 88636 of 88685
(This msg. is a reply to 88634 by 8sixes.)
Jump to msg. #
8sixes, he is aware of the situation as he is the one who brought it to us. There is no need for approval as he is the temp President and has the final call. You are correct about his shareholders as it stands right now but don`t forget about Dan`s 19 million shares as they will play a role soon. As for you Greggy, please refrain from your lying. I did not say we would have a r/s, now did I? Also if you look at my earlier post you will see our theory on what the companies net worth is and what we feel is a fair share price for the offering. Greggy, please feel free to visit us tomorrow evening. That will shut-up all of you morons and then we will all be on the same path for the rainbow. Anyone is welcome to show up tommorrow evening and then all the rumors will be put to rest. Let`s see I have provided you with the company, share price range, allocation of shares and now you all have a chance to meet the players.
Ein Insider?
By: largoman11
03 Apr 2005, 06:19 PM EDT
Msg. 88616 of 88685
Jump to msg. #
board as much as I would like to provide you with firm answers, I am unable to do this at this time. However we leave Monday evening for meetings in Bangkok and Shanghai on Wednesday, Thursday, and Friday. Please remain patient and let`s hope the price maintains at a worse case of .15 cents per share. The offers have been made and counter offers have been approved. Things will change dramatically within the company very shortly, and in my opinion these changes will be fruitful for all us. Again I will only mention the meat of the deal which is proven revenues, proven management, increased board participation, and most importantly no dilution to shareholders. Also keep in mind that you have to ship oil from a tanker to being received in China, please feel free to research Russian history and borders. Maybe Statx would want to research that answer and for the others who think I am in jail or don`t know what I am talking about, rest assured jail is not my home and the investors we represent have to much time and money in this for us not to be successful.
By: largoman11
03 Apr 2005, 06:19 PM EDT
Msg. 88616 of 88685
Jump to msg. #
board as much as I would like to provide you with firm answers, I am unable to do this at this time. However we leave Monday evening for meetings in Bangkok and Shanghai on Wednesday, Thursday, and Friday. Please remain patient and let`s hope the price maintains at a worse case of .15 cents per share. The offers have been made and counter offers have been approved. Things will change dramatically within the company very shortly, and in my opinion these changes will be fruitful for all us. Again I will only mention the meat of the deal which is proven revenues, proven management, increased board participation, and most importantly no dilution to shareholders. Also keep in mind that you have to ship oil from a tanker to being received in China, please feel free to research Russian history and borders. Maybe Statx would want to research that answer and for the others who think I am in jail or don`t know what I am talking about, rest assured jail is not my home and the investors we represent have to much time and money in this for us not to be successful.
laut Largoman aus dem RB Board fliegt die
gesamte Delegation heute nach Asien um neue
Aufträge zu acquirieren und Details zum 1,5mrd.
Auftrag rauszufinden. Könnte sein, dass es
diese Woche noch unheimliche hammernews gibt...
gesamte Delegation heute nach Asien um neue
Aufträge zu acquirieren und Details zum 1,5mrd.
Auftrag rauszufinden. Könnte sein, dass es
diese Woche noch unheimliche hammernews gibt...
es wird wieder gekauft!
$0,185 +3%
$0,185 +3%
Auch interessant!
Aus dem RB Board:
Interesting moves in the oil biz. Look who was shopping.
NEW YORK - ChevronTexaco Corp., the nation`s second biggest oil concern, is buying rival Unocal Corp., the ninth biggest U.S. oil and gas exploration and production company, for about $16.4 billion in cash and stock.
Under the deal announced Monday, ChevronTexaco would also assume $1.6 billion of debt in the deal.
Unocal has been evaluating a possible sale and reportedly had also drawn interest from the Italian oil company Eni SpA and China National Offshore Oil Corp., a large Chinese state-owned company.
Aus dem RB Board:
Interesting moves in the oil biz. Look who was shopping.
NEW YORK - ChevronTexaco Corp., the nation`s second biggest oil concern, is buying rival Unocal Corp., the ninth biggest U.S. oil and gas exploration and production company, for about $16.4 billion in cash and stock.
Under the deal announced Monday, ChevronTexaco would also assume $1.6 billion of debt in the deal.
Unocal has been evaluating a possible sale and reportedly had also drawn interest from the Italian oil company Eni SpA and China National Offshore Oil Corp., a large Chinese state-owned company.
ch76: Pass auf, dass Du den Einstieg
nicht verpasst...
nicht verpasst...
hab da nicht so viel angst.
die 0,17 wurden ja heut schon angekratzt.
drunter wird dann ganz langsam und vorsichtig eingekauft.
$0,186 +6%
Irgend etwas stimmt hier heute nicht ,ich sehe grüne Vorzeichen . Los wieder abwärts
Chart sieht gut aus!
jo, schon wieder im minus
$0,165 +4%
und das 2 Tage vor dem Datum des $1.5Mrd Filings...
Das riecht nach mehr!!!!!
und das 2 Tage vor dem Datum des $1.5Mrd Filings...
Das riecht nach mehr!!!!!
Neuigkeiten von LARGOMAN
By: largoman11
13 Apr 2005, 07:49 PM EDT
Msg. 89432 of 89455
Jump to msg. #
Board, I arrived back late Monday and I needed to take a day off yesterday and today I had meetings with investors outside of LGOV. During my visit overseas I and a few others had to sign a non-disclosure with both companies, it is now important that I honor that deal. What I don`t understand is the name calling, I mean if I was lying could not someone just pick up the phone and ask Albert if he knows of a group putting together a deal for 10% of the authorized shares, 3 board seats, a full time President, proven revenues, and management, I would also try reaching Deng by email, so until somehow really attempts to find out the facts, then the name calling should just stop. I have posted on several facts of the company and the players and never once have I been proved wrong, and press releases don`t count. The facts lay before you and I stand on what I posted and we shall see if Deng pulls the trigger. The simple fact of the matter, is if LGOV has to move the oil at a profit then we have to own our tanker. Also with the price of oil changing dramatically over the past couple of days, it is more important to lock in a price now and be prepared to store and ship it. I also said that I thought a press release would be issued before the 15th but I look for it within 2 weeks. Like I said I win if the deal is done as all shareholders will as well.
As far as anyone holding up a sign at the airport with the words largoman, that did not happen. As far as posting under any other alias, that has never happen with me. Again those are the facts, and for boys like Greggy Webb, he has no clue.
By: largoman11
13 Apr 2005, 07:49 PM EDT
Msg. 89432 of 89455
Jump to msg. #
Board, I arrived back late Monday and I needed to take a day off yesterday and today I had meetings with investors outside of LGOV. During my visit overseas I and a few others had to sign a non-disclosure with both companies, it is now important that I honor that deal. What I don`t understand is the name calling, I mean if I was lying could not someone just pick up the phone and ask Albert if he knows of a group putting together a deal for 10% of the authorized shares, 3 board seats, a full time President, proven revenues, and management, I would also try reaching Deng by email, so until somehow really attempts to find out the facts, then the name calling should just stop. I have posted on several facts of the company and the players and never once have I been proved wrong, and press releases don`t count. The facts lay before you and I stand on what I posted and we shall see if Deng pulls the trigger. The simple fact of the matter, is if LGOV has to move the oil at a profit then we have to own our tanker. Also with the price of oil changing dramatically over the past couple of days, it is more important to lock in a price now and be prepared to store and ship it. I also said that I thought a press release would be issued before the 15th but I look for it within 2 weeks. Like I said I win if the deal is done as all shareholders will as well.
As far as anyone holding up a sign at the airport with the words largoman, that did not happen. As far as posting under any other alias, that has never happen with me. Again those are the facts, and for boys like Greggy Webb, he has no clue.
hmmm, schon wieder 10% im minus
scheinen langsam dahin zurrückzukehren wo sie herkamen
scheinen langsam dahin zurrückzukehren wo sie herkamen
ch76,
wenn DAS hier stimmen sollte, was ich
auf einem Board gefunden habe, dann
geht das DIng heute ab wie Schmitz
Katze!!
Posted by: bobby23
In reply to: galaxykirk who wrote msg# 388
Date:4/14/2005 11:58:41 AM
Post #of 390
LGOV will get a fantastic PR tomorrow, I spoke with their director of investment relations, and he told me specifically, that they will show a net gain for this quarter and have signed 2 new contracts worth 750M combined. This is going to be huge! Prices are down, and this is a great time to still get in!
-Bobby
wenn DAS hier stimmen sollte, was ich
auf einem Board gefunden habe, dann
geht das DIng heute ab wie Schmitz
Katze!!
Posted by: bobby23
In reply to: galaxykirk who wrote msg# 388
Date:4/14/2005 11:58:41 AM
Post #of 390
LGOV will get a fantastic PR tomorrow, I spoke with their director of investment relations, and he told me specifically, that they will show a net gain for this quarter and have signed 2 new contracts worth 750M combined. This is going to be huge! Prices are down, and this is a great time to still get in!
-Bobby
Heute soll das Filing kommen!!
FILING IST DA!!!
hi
und schon wieder gehts gen süden.
0,132
-12%
ob das jemals was wird mit steigenden kursen ??
bin mal sehr gespannt
gruss
und schon wieder gehts gen süden.
0,132
-12%
ob das jemals was wird mit steigenden kursen ??
bin mal sehr gespannt
gruss
Hallo,
kann mal jemand versuchen, eine Erklärung zu liefern für die fallenden Kurse, bei den "Hammernews " ?
kann mal jemand versuchen, eine Erklärung zu liefern für die fallenden Kurse, bei den "Hammernews " ?
0,121
-19,33%
hmm, vieleicht stimmt da was mit den hammernews nicht.
#76
im netz gibt es viele boards auf dennen viel erzählt wird wenn der tag lang ist.
desshalb gehe ich generell ersmal davon aus das es nicht wahr ist was dort verbreitet wird.
auch wenn es sich noch so gut anhört.
und die entwicklung des kurses von lgov scheint mir da ersteinmal rechtzugeben
vieleicht ändert sich das ja noch
gruss
-19,33%
hmm, vieleicht stimmt da was mit den hammernews nicht.
#76
im netz gibt es viele boards auf dennen viel erzählt wird wenn der tag lang ist.
desshalb gehe ich generell ersmal davon aus das es nicht wahr ist was dort verbreitet wird.
auch wenn es sich noch so gut anhört.
und die entwicklung des kurses von lgov scheint mir da ersteinmal rechtzugeben
vieleicht ändert sich das ja noch
gruss
ch76
die news wurde ja nicht imBoard verbreitet,
sondern sie ist"real", sogar mit
Filing.
Aber seltsam ist das alles schon.
Heute stand in dem Filing, dass
LGOV alleine aus diesem Vertrag
$14mio. für die nächsten 3 Jahre
zugesprochen bekommt...entweder ist
das den Aktionären nicht viel genug,
oder hier wird wie immer mal wieder
massivstes Naked Short Selling betrieben.
5 von diesen Aufträgen und LGOV steht
bei $2
die news wurde ja nicht imBoard verbreitet,
sondern sie ist"real", sogar mit
Filing.
Aber seltsam ist das alles schon.
Heute stand in dem Filing, dass
LGOV alleine aus diesem Vertrag
$14mio. für die nächsten 3 Jahre
zugesprochen bekommt...entweder ist
das den Aktionären nicht viel genug,
oder hier wird wie immer mal wieder
massivstes Naked Short Selling betrieben.
5 von diesen Aufträgen und LGOV steht
bei $2
hab in meiner antwort zur 76 auch nicht news gemeint, sondern zum ausdruckgebracht was ich von informationen die über boards verteilt werden halte.
ja, wenn man 1,5 mrd erwartet, sind 14mio schon recht wenig.
an NSS würd ich nicht in erster linje denken.
bin mal auf die nächsten tage gespannt.
gruss
ja, wenn man 1,5 mrd erwartet, sind 14mio schon recht wenig.
an NSS würd ich nicht in erster linje denken.
bin mal auf die nächsten tage gespannt.
gruss
Form 10KSB for LARGO VISTA GROUP LTD
--------------------------------------------------------------------------------
18-Apr-2005
Annual Report
Item 6. MANAGEMENT`S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
Cautionary Statement Regarding Forward-Looking Information
--------------------------------------------------------------------------------
The following is a discussion of the financial condition and results of operations of the Company as of the date of this Annual Report. This discussion and analysis should be read in conjunction with the accompanying audited Consolidated Financial Statements of the Company including the Notes thereto which are included elsewhere in this Form 10-KSB.
Overview
Largo Vista is in the business of supplying liquid petroleum gas (LPG) through pipelines and in bottles to consumers in the Peoples Republic of China. Largo Vista constructs and operates LPG pipelines in the City on Zunyi, China. All of Largo Vistaa current pipeline projects are under exclusive 40-year supply contracts. In addition, Largo Vista continues to pursue the supply of petroleum products in Viet Nam through a representative office located there.
On March 18, 2005, the Largo Vista signed an Agreement and Assignment of Certain Contractual Rights and Benefits (the Agreement), with Shanghai Offshore Oil Group (HK) Co., Ltd. (Shanghai Oil) pursuant to the Agreement in Principle. Under the Agreement, Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The Peoples Republic of China (the Asiacorp Contract). The Agreement states that deliveries will begin no later than May 18, 2005 and continue for a period of thirty-six (36) months at a rate of up to two hundred thousand (200,000) metric tons per month. The assigned Asiacorp Contract provides that the estimated value of the deliveries over the life of the Agreement, at the market prices in effect at the time of the signing of the Asiacorp Contract on July 22, 2004, to be approximately one billion, two hundred thirty million, nine hundred sixty thousand dollars ($1,230,960,000.00). The Agreement provides that Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton, and that Shanghai Oil will continue to be responsible for the logistics and financing of the delivery of the fuel oil. In exchange, Largo Vista will issue to Shanghai Oil one hundred million (100,000,000) shares of Largo Vistas common stock, to be issued in three increments, one-third within ten days of the signing of the Agreement, the second one-third one year later, and the final one-third one year later.
Basis of Presentation
The accompanying consolidated financial statements, included elsewhere in this Annual Report on Form 10-KSB, have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation as a going concern. Largo Vista has incurred a net loss of $276,551 for the year ended December 31, 2004 and as of December 31, 2004, had a working capital deficiency of $928,301.
These conditions raise substantial doubt as to Largo Vistas ability to continue as a going concern. These financial statements do not include any adjustments that might result from the outcome of this uncertainty. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might be necessary should Largo Vista be unable to continue as a going concern.
--------------------------------------------------------------------------------
Critical Accounting Policies and Estimates
The preparation of our financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and judgments that affect our reported assets, liabilities, revenues, and expenses, and the disclosure of contingent assets and liabilities. We base our estimates and judgments on historical experience and on various other assumptions we believe to be reasonable under the circumstances. Future events, however, may differ markedly from our current expectations and assumptions. While there are a number of significant accounting policies affecting our consolidated financial statements; we believe the following critical accounting policies involve the most complex, difficult and subjective estimates and judgments:
Stock-Based Compensation
In December 2002, the FASB issued Statement of Financial Accounting Standards No. 148 (SFAS No. 148), "Accounting for Stock-Based Compensation-Transition and Disclosure-an amendment of SFAS 123." This statement amends SFAS No. 123, "Accounting for Stock-Based Compensation," to provide alternative methods of transition for a voluntary change to the fair value based method of accounting for stock-based employee compensation. In addition, this statement amends the disclosure requirements of SFAS No. 123 to require prominent disclosures in both annual and interim financial statements about the method of accounting for stock-based employee compensation and the effect of the method used on reported results. The Company has chosen to continue to account for stock-based compensation using the intrinsic value method prescribed in APB Opinion No. 25 and related interpretations. Accordingly, compensation expense for stock options is measured as the excess, if any, of the fair market value of the Company`s stock at the date of the grant over the exercise price of the related option. The Company has adopted the annual disclosure provisions of SFAS No. 148 in its financial reports for the year ended December 31, 2004 and 2003 and will adopt the interim disclosure provisions for its financial reports for the subsequent periods. The Board of Directors of the Company has approved certain awards of stock-based employee compensation outstanding as of December 31, 2004; but the grants of these stock options were not made until January or 2005.
Revenue Recognition
For revenue from product sales, the Company recognizes revenue in accordance with Staff Accounting Bulletin No. 104, REVENUE RECOGNITION ("SAB104"), which superceded Staff Accounting Bulletin No. 101, REVENUE RECOGNITION IN FINANCIAL STATEMENTS ("SAB101"). SAB 101 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectibility is reasonably assured. Determination of criteria (3) and (4) are based on management`s judgments regarding the fixed nature of the selling prices of the products delivered and the collectibility of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.
SAB 104 incorporates Emerging Issues Task Force 00-21 ("EITF 00-21"), MULTIPLE-DELIVERABLE REVENUE ARRANGEMENTS. EITF 00-21 addresses accounting for arrangements that may involve the delivery or performance of multiple products, services and/or rights to use assets. The effect of implementing EITF 00-21 on the Company`s consolidated financial position and results of operations was not significant.
The Company generally recognizes revenue upon delivery of LPG to the customer. Revenue associated with shipments of petroleum products is recognized when title passes to the customer. There are no significant credit transactions.
--------------------------------------------------------------------------------
In February 2002, the Company entered into an agreement (Agreement) with Zunyi Municipal Government (Government) to design and install LPG pipeline systems in residential areas in the city of Zunyi, China on behalf of Government. In exchange for installing the pipeline, the Agreement provides for the Company to be the sole LPG supplier for those households. The Company substantially completed the installation of the LPG pipeline as of December 31, 2002. Pursuant to the Agreement, Government had paid to the Company 50% of the total contracted installation price, and the Company has to collect the remaining 50% of contract price directly from the customers. The Companys management has determined that the collectibility and length of time to collect the amount due from customers can not be reasonably assured. Accordingly, revenues are recognized as collected in connection with the portion of the contracted price to be collected from customers. During the year ended December 31, 2004 and 2003, the Company received and recognized revenues of $11,171 and $44,233, respectively, in connection with the installation fees collected from customers.
In May 2003, the Company entered into its Second Agreement (Second Agreement) with Government to design and install more LPG pipeline systems in residential areas in the city of Zunyi, China on behalf of Government. In exchange for installing the pipeline, the Second Agreement provides for the Company to be the sole LPG supplier for those households. Pursuant to the Second Agreement, Government is obligated to pay to the Company 50% of the total contracted installation price, and the Company has to collect the remaining 50% of contracted price directly from the customers. During the year ended December 31, 2003, the Company did not receive any payments from Government and thus delayed the installation of pipelines. The Company accounted for installation fees of $5,888 received from customers during the year ended December 31, 2003 as deferred revenue. During the year ended December 31, 2004, the Company received 50% of the total contracted price, or $87,258, from Government and additional $2,264 of payments from customers. The Company substantially completed the installation of the LPG pipeline as of December 31, 2004, and accounted for the total receipt of $95,410 from Government and customers as of December 31, 2004 in connection with Second Agreement as revenues during the year ended December 31, 2004. The Company also charged to income during the year ended December 31, 2004 the design and installation costs of $105,903 incurred by the Company for the pipeline project. Additionally, the Company management has determined that the collectibility and length of time to collect the remaining contracted price due from customers can not be reasonably assured. Accordingly, revenues will be recognized as collected in connection with the portion of contracted price to be collected from customers.
Results of Operations
The following selected financial information has been derived from the Company`s consolidated financial statements. The information set forth below is not necessarily indicative of results of future operations and cash flows and should be read in conjunction with the consolidated financial statements and notes thereto appearing elsewhere in this Form 10-KSB.
The Company`s 2004 revenues of $439,436 are attributable to liquid petroleum gas sales at its Zunyi facility located in South China. This is a 19.9% decrease from the revenues of $548,304 in 2003. This is primarily attributable to the decrease in revenues from the unprofitable depot operations closed in 2004.
The Company incurred costs of sales of $434,864, or 99.0% of sales in connection with the LPG revenues during 2004, compared to $483,059, or 88.1% in 2003. This decrease can be attributed to fluctuation in the cost of LPG supplies. This resulted in a decrease in gross profit to 1.0% in 2004 from 11.9% in 2003.
Selling and administrative expenses decreased from $647,538 during 2003 to $262,860 during 2004, a decrease of 59.46%. This substantial decrease was due primarily to further reduction in overhead positions and the closure of the unprofitable depot operations. Largo Vista continues to operate in that mode and plans to continue to do so until it becomes profitable.
Interest expense remained stable at $31,396 in 2004 compared to $31,224 in 2003.
As the result of Largo Vistas substantial cost cutting, its net loss from operations decreased to $276,551, or 62.9% in 2004 from $496,752, or 91%, in 2003.
--------------------------------------------------------------------------------
Currency Consideration
The Company`s LPG operations are conducted in the People`s Republic of China whose currency, the Renminbi (RMB), is pegged to the US Dollar. The exchange rate as of December 31, 2004 and 2003 and the average rate during each of the periods presented in the accompanying consolidated financial statements was 8.28 RMBs to one US Dollar. No representation is made that any RMB amount could have been, or could be, converted into US dollars at these rates or any other rates of exchange.
Liquidity and Capital Resources
As of December 31, 2004, the Company had a working capital deficit of $928,301. We generated a positive cash flow of $7,216 from operating activities during 2004. This was a result of our net loss of $276,552, adjusted principally for $15,078 of common stock issued to shareholders in exchange for expenses paid on behalf of the Company, $46,426 of decrease in accounts receivable, and $160,796 of increase in accounts payable and accrued liabilities. We also helped to meet our cash requirements during the year through advances, loans and contributions of $79,475 from the Company`s Chairman and principal shareholder and officers.
The Company has experienced significant operating losses from inception and has financed its activities to date through cash advances from affiliates and sales of its common stock. Availability, source, amount and terms of any additional financing are uncertain at this time, and by no means assured.
The Company believes it will require at least an additional $1,000,000 of new capital in order to fund its plan of operations over the next 12 months. The Company expects to fund its working capital requirements over the next 12 months from additional advances from its affiliates and the sale of its common stock.
The Company`s independent certified public accountants have stated in their report included in the Company`s December 31, 2004 Form 10-KSB, that the Company has incurred operating losses and that the Company is dependent upon management`s ability to develop profitable operations. These factors among others may raise substantial doubt about the Company`s ability to continue as a going concern.
Recent accounting pronouncements
In November 2004, the Financial Accounting Standards Board (FASB) issued SFAS 151, Inventory Costs an amendment of ARB No. 43, Chapter 4. This Statement amends the guidance in ARB No. 43, Chapter 4, Inventory Pricing, to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter 4, previously stated that . . . under some circumstances, items such as idle facility expense, excessive spoilage, double freight, and rehandling costs may be so abnormal as to require treatment as current period charges. . . . This Statement requires that those items be recognized as current-period charges regardless of whether they meet the criterion of so abnormal. In addition, this Statement requires that allocation of fixed production overheads to the costs of conversion be based on the normal capacity of the production facilities. This Statement is effective for inventory costs incurred during fiscal years beginning after June 15, 2005. Management does not believe the adoption of this Statement will have any immediate material impact on the Company.
In December 2004, the FASB issued SFAS No.152, Accounting for Real Estate Time-Sharing Transactionsan amendment of FASB Statements No. 66 and 67 (SFAS 152) The amendments made by Statement 152 This Statement amends FASB Statement No. 66, Accounting for Sales of Real Estate, to reference the financial accounting and reporting guidance for real estate time-sharing transactions that is provided in AICPA Statement of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions. This Statement also amends FASB Statement No. 67, Accounting for Costs and Initial Rental Operations of Real Estate Projects, to state that the guidance for (a) incidental operations and (b) costs incurred to sell real estate projects does not apply to real estate time-sharing transactions. The accounting for those operations and costs is subject to the guidance in SOP 04-2. This Statement is effective for financial statements for fiscal years beginning after June 15, 2005. with earlier application encouraged. The Company does not anticipate that the implementation of this standard will have a material impact on its financial position, results of operations or cash flows.
On December 16, 2004, the Financial Accounting Standards Board (FASB) published Statement of Financial Accounting Standards No. 123 (Revised 2004), Share-Based Payment (SFAS 123R). SFAS 123R requires that compensation cost related to share-based payment transactions be recognized in the financial statements. Share-based payment transactions within the scope of SFAS 123R include stock options, restricted stock plans, performance-based awards, stock appreciation rights, and employee share purchase plans. The provisions of SFAS 123R are effective as of the first interim period that begins after June 15, 2005. Accordingly, the Company will implement the revised standard in the third quarter of fiscal year 2005. Currently, the Company accounts for its share-based payment transactions under the provisions of APB 25, which does not necessarily require the recognition of compensation cost in the financial statements. Management is assessing the implications of this revised standard, which may materially impact the Companys results of operations in the third quarter of fiscal year 2005 and thereafter.
--------------------------------------------------------------------------------
On December 16, 2004, FASB issued Statement of Financial Accounting Standards No. 153, Exchanges of Nonmonetary Assets, an amendment of APB Opinion No. 29, Accounting for Nonmonetary Transactions ( SFAS 153). This statement amends APB Opinion 29 to eliminate the exception for nonmonetary exchanges of similar productive assets and replaces it with a general exception for exchanges of nonmonetary assets that do not have commercial substance. Under SFAS 153, if a nonmonetary exchange of similar productive assets meets a commercial-substance criterion and fair value is determinable, the transaction must be accounted for at fair value resulting in recognition of any gain or loss. SFAS 153 is effective for nonmonetary transactions in fiscal periods that begin after June 15, 2005. The Company does not anticipate that the implementation of this standard will have a material impact on its financial position, results of operations or cash flows.
Off-Balance Sheet Arrangements
Largo Vista currently has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, revenue or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
18-Apr-2005
Annual Report
Item 6. MANAGEMENT`S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
Cautionary Statement Regarding Forward-Looking Information
--------------------------------------------------------------------------------
The following is a discussion of the financial condition and results of operations of the Company as of the date of this Annual Report. This discussion and analysis should be read in conjunction with the accompanying audited Consolidated Financial Statements of the Company including the Notes thereto which are included elsewhere in this Form 10-KSB.
Overview
Largo Vista is in the business of supplying liquid petroleum gas (LPG) through pipelines and in bottles to consumers in the Peoples Republic of China. Largo Vista constructs and operates LPG pipelines in the City on Zunyi, China. All of Largo Vistaa current pipeline projects are under exclusive 40-year supply contracts. In addition, Largo Vista continues to pursue the supply of petroleum products in Viet Nam through a representative office located there.
On March 18, 2005, the Largo Vista signed an Agreement and Assignment of Certain Contractual Rights and Benefits (the Agreement), with Shanghai Offshore Oil Group (HK) Co., Ltd. (Shanghai Oil) pursuant to the Agreement in Principle. Under the Agreement, Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The Peoples Republic of China (the Asiacorp Contract). The Agreement states that deliveries will begin no later than May 18, 2005 and continue for a period of thirty-six (36) months at a rate of up to two hundred thousand (200,000) metric tons per month. The assigned Asiacorp Contract provides that the estimated value of the deliveries over the life of the Agreement, at the market prices in effect at the time of the signing of the Asiacorp Contract on July 22, 2004, to be approximately one billion, two hundred thirty million, nine hundred sixty thousand dollars ($1,230,960,000.00). The Agreement provides that Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton, and that Shanghai Oil will continue to be responsible for the logistics and financing of the delivery of the fuel oil. In exchange, Largo Vista will issue to Shanghai Oil one hundred million (100,000,000) shares of Largo Vistas common stock, to be issued in three increments, one-third within ten days of the signing of the Agreement, the second one-third one year later, and the final one-third one year later.
Basis of Presentation
The accompanying consolidated financial statements, included elsewhere in this Annual Report on Form 10-KSB, have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation as a going concern. Largo Vista has incurred a net loss of $276,551 for the year ended December 31, 2004 and as of December 31, 2004, had a working capital deficiency of $928,301.
These conditions raise substantial doubt as to Largo Vistas ability to continue as a going concern. These financial statements do not include any adjustments that might result from the outcome of this uncertainty. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might be necessary should Largo Vista be unable to continue as a going concern.
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Critical Accounting Policies and Estimates
The preparation of our financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and judgments that affect our reported assets, liabilities, revenues, and expenses, and the disclosure of contingent assets and liabilities. We base our estimates and judgments on historical experience and on various other assumptions we believe to be reasonable under the circumstances. Future events, however, may differ markedly from our current expectations and assumptions. While there are a number of significant accounting policies affecting our consolidated financial statements; we believe the following critical accounting policies involve the most complex, difficult and subjective estimates and judgments:
Stock-Based Compensation
In December 2002, the FASB issued Statement of Financial Accounting Standards No. 148 (SFAS No. 148), "Accounting for Stock-Based Compensation-Transition and Disclosure-an amendment of SFAS 123." This statement amends SFAS No. 123, "Accounting for Stock-Based Compensation," to provide alternative methods of transition for a voluntary change to the fair value based method of accounting for stock-based employee compensation. In addition, this statement amends the disclosure requirements of SFAS No. 123 to require prominent disclosures in both annual and interim financial statements about the method of accounting for stock-based employee compensation and the effect of the method used on reported results. The Company has chosen to continue to account for stock-based compensation using the intrinsic value method prescribed in APB Opinion No. 25 and related interpretations. Accordingly, compensation expense for stock options is measured as the excess, if any, of the fair market value of the Company`s stock at the date of the grant over the exercise price of the related option. The Company has adopted the annual disclosure provisions of SFAS No. 148 in its financial reports for the year ended December 31, 2004 and 2003 and will adopt the interim disclosure provisions for its financial reports for the subsequent periods. The Board of Directors of the Company has approved certain awards of stock-based employee compensation outstanding as of December 31, 2004; but the grants of these stock options were not made until January or 2005.
Revenue Recognition
For revenue from product sales, the Company recognizes revenue in accordance with Staff Accounting Bulletin No. 104, REVENUE RECOGNITION ("SAB104"), which superceded Staff Accounting Bulletin No. 101, REVENUE RECOGNITION IN FINANCIAL STATEMENTS ("SAB101"). SAB 101 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectibility is reasonably assured. Determination of criteria (3) and (4) are based on management`s judgments regarding the fixed nature of the selling prices of the products delivered and the collectibility of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.
SAB 104 incorporates Emerging Issues Task Force 00-21 ("EITF 00-21"), MULTIPLE-DELIVERABLE REVENUE ARRANGEMENTS. EITF 00-21 addresses accounting for arrangements that may involve the delivery or performance of multiple products, services and/or rights to use assets. The effect of implementing EITF 00-21 on the Company`s consolidated financial position and results of operations was not significant.
The Company generally recognizes revenue upon delivery of LPG to the customer. Revenue associated with shipments of petroleum products is recognized when title passes to the customer. There are no significant credit transactions.
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In February 2002, the Company entered into an agreement (Agreement) with Zunyi Municipal Government (Government) to design and install LPG pipeline systems in residential areas in the city of Zunyi, China on behalf of Government. In exchange for installing the pipeline, the Agreement provides for the Company to be the sole LPG supplier for those households. The Company substantially completed the installation of the LPG pipeline as of December 31, 2002. Pursuant to the Agreement, Government had paid to the Company 50% of the total contracted installation price, and the Company has to collect the remaining 50% of contract price directly from the customers. The Companys management has determined that the collectibility and length of time to collect the amount due from customers can not be reasonably assured. Accordingly, revenues are recognized as collected in connection with the portion of the contracted price to be collected from customers. During the year ended December 31, 2004 and 2003, the Company received and recognized revenues of $11,171 and $44,233, respectively, in connection with the installation fees collected from customers.
In May 2003, the Company entered into its Second Agreement (Second Agreement) with Government to design and install more LPG pipeline systems in residential areas in the city of Zunyi, China on behalf of Government. In exchange for installing the pipeline, the Second Agreement provides for the Company to be the sole LPG supplier for those households. Pursuant to the Second Agreement, Government is obligated to pay to the Company 50% of the total contracted installation price, and the Company has to collect the remaining 50% of contracted price directly from the customers. During the year ended December 31, 2003, the Company did not receive any payments from Government and thus delayed the installation of pipelines. The Company accounted for installation fees of $5,888 received from customers during the year ended December 31, 2003 as deferred revenue. During the year ended December 31, 2004, the Company received 50% of the total contracted price, or $87,258, from Government and additional $2,264 of payments from customers. The Company substantially completed the installation of the LPG pipeline as of December 31, 2004, and accounted for the total receipt of $95,410 from Government and customers as of December 31, 2004 in connection with Second Agreement as revenues during the year ended December 31, 2004. The Company also charged to income during the year ended December 31, 2004 the design and installation costs of $105,903 incurred by the Company for the pipeline project. Additionally, the Company management has determined that the collectibility and length of time to collect the remaining contracted price due from customers can not be reasonably assured. Accordingly, revenues will be recognized as collected in connection with the portion of contracted price to be collected from customers.
Results of Operations
The following selected financial information has been derived from the Company`s consolidated financial statements. The information set forth below is not necessarily indicative of results of future operations and cash flows and should be read in conjunction with the consolidated financial statements and notes thereto appearing elsewhere in this Form 10-KSB.
The Company`s 2004 revenues of $439,436 are attributable to liquid petroleum gas sales at its Zunyi facility located in South China. This is a 19.9% decrease from the revenues of $548,304 in 2003. This is primarily attributable to the decrease in revenues from the unprofitable depot operations closed in 2004.
The Company incurred costs of sales of $434,864, or 99.0% of sales in connection with the LPG revenues during 2004, compared to $483,059, or 88.1% in 2003. This decrease can be attributed to fluctuation in the cost of LPG supplies. This resulted in a decrease in gross profit to 1.0% in 2004 from 11.9% in 2003.
Selling and administrative expenses decreased from $647,538 during 2003 to $262,860 during 2004, a decrease of 59.46%. This substantial decrease was due primarily to further reduction in overhead positions and the closure of the unprofitable depot operations. Largo Vista continues to operate in that mode and plans to continue to do so until it becomes profitable.
Interest expense remained stable at $31,396 in 2004 compared to $31,224 in 2003.
As the result of Largo Vistas substantial cost cutting, its net loss from operations decreased to $276,551, or 62.9% in 2004 from $496,752, or 91%, in 2003.
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Currency Consideration
The Company`s LPG operations are conducted in the People`s Republic of China whose currency, the Renminbi (RMB), is pegged to the US Dollar. The exchange rate as of December 31, 2004 and 2003 and the average rate during each of the periods presented in the accompanying consolidated financial statements was 8.28 RMBs to one US Dollar. No representation is made that any RMB amount could have been, or could be, converted into US dollars at these rates or any other rates of exchange.
Liquidity and Capital Resources
As of December 31, 2004, the Company had a working capital deficit of $928,301. We generated a positive cash flow of $7,216 from operating activities during 2004. This was a result of our net loss of $276,552, adjusted principally for $15,078 of common stock issued to shareholders in exchange for expenses paid on behalf of the Company, $46,426 of decrease in accounts receivable, and $160,796 of increase in accounts payable and accrued liabilities. We also helped to meet our cash requirements during the year through advances, loans and contributions of $79,475 from the Company`s Chairman and principal shareholder and officers.
The Company has experienced significant operating losses from inception and has financed its activities to date through cash advances from affiliates and sales of its common stock. Availability, source, amount and terms of any additional financing are uncertain at this time, and by no means assured.
The Company believes it will require at least an additional $1,000,000 of new capital in order to fund its plan of operations over the next 12 months. The Company expects to fund its working capital requirements over the next 12 months from additional advances from its affiliates and the sale of its common stock.
The Company`s independent certified public accountants have stated in their report included in the Company`s December 31, 2004 Form 10-KSB, that the Company has incurred operating losses and that the Company is dependent upon management`s ability to develop profitable operations. These factors among others may raise substantial doubt about the Company`s ability to continue as a going concern.
Recent accounting pronouncements
In November 2004, the Financial Accounting Standards Board (FASB) issued SFAS 151, Inventory Costs an amendment of ARB No. 43, Chapter 4. This Statement amends the guidance in ARB No. 43, Chapter 4, Inventory Pricing, to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter 4, previously stated that . . . under some circumstances, items such as idle facility expense, excessive spoilage, double freight, and rehandling costs may be so abnormal as to require treatment as current period charges. . . . This Statement requires that those items be recognized as current-period charges regardless of whether they meet the criterion of so abnormal. In addition, this Statement requires that allocation of fixed production overheads to the costs of conversion be based on the normal capacity of the production facilities. This Statement is effective for inventory costs incurred during fiscal years beginning after June 15, 2005. Management does not believe the adoption of this Statement will have any immediate material impact on the Company.
In December 2004, the FASB issued SFAS No.152, Accounting for Real Estate Time-Sharing Transactionsan amendment of FASB Statements No. 66 and 67 (SFAS 152) The amendments made by Statement 152 This Statement amends FASB Statement No. 66, Accounting for Sales of Real Estate, to reference the financial accounting and reporting guidance for real estate time-sharing transactions that is provided in AICPA Statement of Position (SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions. This Statement also amends FASB Statement No. 67, Accounting for Costs and Initial Rental Operations of Real Estate Projects, to state that the guidance for (a) incidental operations and (b) costs incurred to sell real estate projects does not apply to real estate time-sharing transactions. The accounting for those operations and costs is subject to the guidance in SOP 04-2. This Statement is effective for financial statements for fiscal years beginning after June 15, 2005. with earlier application encouraged. The Company does not anticipate that the implementation of this standard will have a material impact on its financial position, results of operations or cash flows.
On December 16, 2004, the Financial Accounting Standards Board (FASB) published Statement of Financial Accounting Standards No. 123 (Revised 2004), Share-Based Payment (SFAS 123R). SFAS 123R requires that compensation cost related to share-based payment transactions be recognized in the financial statements. Share-based payment transactions within the scope of SFAS 123R include stock options, restricted stock plans, performance-based awards, stock appreciation rights, and employee share purchase plans. The provisions of SFAS 123R are effective as of the first interim period that begins after June 15, 2005. Accordingly, the Company will implement the revised standard in the third quarter of fiscal year 2005. Currently, the Company accounts for its share-based payment transactions under the provisions of APB 25, which does not necessarily require the recognition of compensation cost in the financial statements. Management is assessing the implications of this revised standard, which may materially impact the Companys results of operations in the third quarter of fiscal year 2005 and thereafter.
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On December 16, 2004, FASB issued Statement of Financial Accounting Standards No. 153, Exchanges of Nonmonetary Assets, an amendment of APB Opinion No. 29, Accounting for Nonmonetary Transactions ( SFAS 153). This statement amends APB Opinion 29 to eliminate the exception for nonmonetary exchanges of similar productive assets and replaces it with a general exception for exchanges of nonmonetary assets that do not have commercial substance. Under SFAS 153, if a nonmonetary exchange of similar productive assets meets a commercial-substance criterion and fair value is determinable, the transaction must be accounted for at fair value resulting in recognition of any gain or loss. SFAS 153 is effective for nonmonetary transactions in fiscal periods that begin after June 15, 2005. The Company does not anticipate that the implementation of this standard will have a material impact on its financial position, results of operations or cash flows.
Off-Balance Sheet Arrangements
Largo Vista currently has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, revenue or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.
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Ok, mit meinen Englischkenntnissen ist es nicht weit her, aber es soll bis 18. Mai losgehen ?! Das sind doch jetzt aber wirklich mal ´
News, die einen Kursanstieg rechtfertigen, oder ??
News, die einen Kursanstieg rechtfertigen, oder ??
naja ,
mal nachgerechnet.
der gewinn aus dem $1,230,960,000.00 deal
(Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton ...(36) months at a rate of up to two hundred thousand (200,000) metric tons per month)....also ca 14,4mio $
schlagen sich gerade mal mit ca 0,038 $ im kurs nieder, ausgehend von
"The number of shares of Common Stock outstanding as of April 14, 2005 was 375,000,000."
oder hab ich was falsch gerechnet oder übersehen?
aktueller kurs in usa : 0,114 $
gruss vom Elch
mal nachgerechnet.
der gewinn aus dem $1,230,960,000.00 deal
(Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton ...(36) months at a rate of up to two hundred thousand (200,000) metric tons per month)....also ca 14,4mio $
schlagen sich gerade mal mit ca 0,038 $ im kurs nieder, ausgehend von
"The number of shares of Common Stock outstanding as of April 14, 2005 was 375,000,000."
oder hab ich was falsch gerechnet oder übersehen?
aktueller kurs in usa : 0,114 $
gruss vom Elch
@all
haben die MM gestern alle verarscht - oder tun sie das gerade jetzt???
04/19/05
16:13:34
last 0.155
bid 0.15
ask 0.155
+ 35,9%
Gruss Wunram
haben die MM gestern alle verarscht - oder tun sie das gerade jetzt???
04/19/05
16:13:34
last 0.155
bid 0.15
ask 0.155
+ 35,9%
Gruss Wunram
inD
unter
pari!!!!!!!!!
unter
pari!!!!!!!!!
minimalst
aber wenn, dann handelt man eh in us.
in d-land zu wenig umsatz.
da wird man seine teile kaum wieder los
wie isses den in NY?
gruss
aber wenn, dann handelt man eh in us.
in d-land zu wenig umsatz.
da wird man seine teile kaum wieder los
wie isses den in NY?
gruss
Moin
NY
ist
der
HAMMER!!
NY
ist
der
HAMMER!!
18 May ist D-Day!
Wenn jemand in Berlin verkaufen möchte:
BITTESCHÖN!
BITTESCHÖN!
Form 10QSB for LARGO VISTA GROUP LTD
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11-May-2005
Quarterly Report
ITEM 2. MANAGEMENT`S DISCUSSION AND ANALYSIS
The following discussion should be read in conjunction with the Company`s Condensed Consolidated Financial Statements and Notes thereto, included elsewhere within this Report.
DESCRIPTION OF THE COMPANY
Largo Vista Group, Ltd. (Largo Vista or the "Company") was formed under the laws of the State of Nevada on January 16, 1987 under the name, "The George Group". On January 9, 1989, The George Group acquired Waste Service Technologies, Inc. ("WST"), an Oregon corporation, and filed a name change in Nevada and changed its name to WST, listed its stock, and began trading on OTC bulletin Board.
On April 15, 1994, WST acquired Largo Vista, Inc., a California corporation, and filed a name change in Nevada to change WST`s name to Largo Vista Group, Ltd., OTC bulletin Board symbol "LGOV". Largo Vista originally planned to develop housing in China, but after shipping two factory built homes to China, never fully implemented plans due to unanticipated financing, environmental and regulatory complications.
Unless the context otherwise requires, all references to the Company include its wholly-owned subsidiaries, Largo Vista, Inc., an inactive California corporation, Largo Vista Construction, Inc., an inactive Nevada corporation, and Largo Vista International, Corp., an inactive Panama corporation. Largo Vista also has operations through Doing Business As (DBA) agreement with Jiahong Gas Co., Ltd. (Jiahong), registered under the Chinese laws in the Peoples Republic of China, Guizhou Province.
Through DBA agreements with Jiahong, Largo Vista is engaged in the business of purchasing and reselling liquid petroleum gas ("LPG") in the retail and wholesale markets to both residential and commercial consumers. Largo Vista operated a storage depot and has an office headquarters in the City of Zunyi. Largo Vista has found the storage depot operations to be unprofitable; and therefore has terminated those operations in order to concentrate its resources on supplying LPG in bottles and through pipelines.
In February 2002, Largo Vistas China operations entered into an agreement with the Zunyi Municipal Government to design and install LPG pipeline systems in residential areas in the city of Zunyi. In exchange for installing the pipeline, the agreement provides for the Largo Vista to be the sole LPG supplier for those households for 40 years. Largo Vista substantially completed the installation of the LPG pipeline in 2002 and continues to operate the pipeline.
In May 2003, Largo Vistas China operations entered into its second agreement with Zunyi Municipal Government to design and install more LPG pipeline systems in residential areas in the city of Zunyi, China. The pipeline project was substantially completed in December of 2004. These two pipelines currently serve approximately 440 customers. When natural gas becomes available to the area, these pipelines will be in place to deliver that commodity to the same customers.
In addition, Largo Vista has contracted with a private developer to construct four additional pipelines in the same area. Pipeline Number 3 will serve 42 condominiums with completion estimated in July of 2005. Pipeline Number 4 will serve 60 condominiums. Construction schedules are being developed. Pipeline Number 5 will serve 1,067 condominiums with completion estimated in August of 2005. Pipeline Number 6 will serve 5,000 condominiums and is currently in the architectural development stage. All of these pipelines will be operated by Largo Vista under exclusive 40-year supply contracts.
Largo Vista continues to engage in the petroleum supply business in Vietnam.
In addition, Largo Vista has two representative offices in the Far East area, one in Wuhan, China and another in Ho Chi Minh City, Vietnam, to supervise LPG and gas oil trading operations in China and Vietnam, respectively. Largo Vista continues to evaluate the acquisition of other possible business opportunities in the Far East.
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On March 18, 2005, Largo Vista signed an Agreement and Assignment of Certain Contractual Rights and Benefits (the Agreement), with Shanghai Offshore Oil Group (HK) Co., Ltd. (Shanghai Oil). Under the Agreement, Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The Peoples Republic of China (the Asiacorp Contract). The Agreement states that deliveries will begin no later than May 18, 2005 and continue for a period of thirty-seven
(37) months at a rate of up to two hundred thousand (200,000) metric tons per month. The assigned Asiacorp Contract provides that the estimated value of the maximum potential deliveries over the life of the Agreement, at the market prices in effect at the time of the signing of the Asiacorp Contract on July 22, 2004, to be approximately one billion, two hundred thirty million, nine hundred sixty thousand dollars ($1,230,960,000.00). The Agreement provides that Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton, and that Shanghai Oil will continue to be responsible for the logistics and financing of the delivery of the fuel oil. In exchange, Largo Vista will issue to Shanghai Oil one hundred million (100,000,000) shares of Largo Vistas common stock, to be issued in three increments, one-third within ten days of the signing of the Agreement or thirty days before the first delivery, the second one-third one year later, and the final one-third one year later.
FORWARD LOOKING STATEMENTS
This Form 10-QSB contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included Herein that address activities, events or developments that the Corporation expects, believes, estimates, plans, intends, projects or anticipates will or may occur in the future, are forward-looking statements. Actual events may differ materially from those anticipated in the forward-looking statements. Important risks that may cause such a difference include: general domestic and international economic business conditions, increased competition in the Company`s markets and products. Other factors may include, availability and terms of capital, and/or increases in operating and supply costs. Market acceptance of existing and new products, rapid technological changes, availability of qualified personnel also could be factors. Changes in the Company`s business strategies and development plans and changes in government regulation could adversely affect the Company. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate. There can be no assurance that the forward-looking statements included in this filing will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company that the objectives and expectations of the Company would be achieved.
RESULTS OF OPERATIONS
REVENUE
During the quarter ended March 31, 2005 the Company realized $54,611 of revenue compared to $124,692 for the same period in the prior year, a 56.20% decrease. This is primarily attributable to the decrease in revenues from the unprofitable depot operations closed in the second quarter 2004.
COSTS AND EXPENSES
The Company incurred costs of sales of $66,066 in connection with the LPG revenues during three months ended March 31, 2005, compared to $103,231 for the three months ended March 31, 2004. This is primarily attributable to the decrease in revenues from the unprofitable depot operations closed in 2004.
During the quarter ended March 31, 2005 the Company incurred $69,316 of operating expenses compared to $89,992 for the same period in the prior year. The decrease was due primarily to further reduction in overhead positions and the closure of the unprofitable depot operations.
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LIQUIDITY AND CAPITAL RESOURCES
As of March 31, 2005, we had a deficiency in working capital of $866,719. As result of our net loss of $88,380, adjusted principally for $32,555 of increase in prepaid expenses and $17,618 of decrease in accounts payable and accrued liabilities, our cash flow used in operations was $103,558 during the three months ended March 31, 2005. Certain shareholders and related parties have advanced funds and contributed capital to the Company in the amount of $50,395 during the three months ended March 31, 2005. Our net cash decreased from $94,565 at December 31, 2004 to $41,402 at March 31, 2005, a net decrease of $53,163.
In the past we have raised capital to meet our working capital requirements. Additional financing may not be required due to the contract agreement stated previously.
The effect of inflation on the Company`s revenue and operating results was not significant. The Company`s operations are located in mainland China and there are no seasonal aspects that would have a material effect on the Company`s financial condition or results of operations.
The Company`s independent certified public accountant has stated in his report included in the Company`s December 31, 2004 Form 10-KSB, that the Company has incurred operating losses in the last two years, and that the Company is dependent upon management`s ability to develop profitable operations.
This signed contract agreement should be sufficient to begin profitable operations.
CAUTIONARY FACTORS THAT MAY AFFECT FUTURE RESULTS
Our annual report on Form 10-KSB for the year ended December 31, 2004 includes a detailed list of cautionary factors that may affect future results. Management believes that there have been material changes to the factors so listed, and as such should reflect positively on future results. That annual report can be accessed in the EDGAR section of the SEC website.
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11-May-2005
Quarterly Report
ITEM 2. MANAGEMENT`S DISCUSSION AND ANALYSIS
The following discussion should be read in conjunction with the Company`s Condensed Consolidated Financial Statements and Notes thereto, included elsewhere within this Report.
DESCRIPTION OF THE COMPANY
Largo Vista Group, Ltd. (Largo Vista or the "Company") was formed under the laws of the State of Nevada on January 16, 1987 under the name, "The George Group". On January 9, 1989, The George Group acquired Waste Service Technologies, Inc. ("WST"), an Oregon corporation, and filed a name change in Nevada and changed its name to WST, listed its stock, and began trading on OTC bulletin Board.
On April 15, 1994, WST acquired Largo Vista, Inc., a California corporation, and filed a name change in Nevada to change WST`s name to Largo Vista Group, Ltd., OTC bulletin Board symbol "LGOV". Largo Vista originally planned to develop housing in China, but after shipping two factory built homes to China, never fully implemented plans due to unanticipated financing, environmental and regulatory complications.
Unless the context otherwise requires, all references to the Company include its wholly-owned subsidiaries, Largo Vista, Inc., an inactive California corporation, Largo Vista Construction, Inc., an inactive Nevada corporation, and Largo Vista International, Corp., an inactive Panama corporation. Largo Vista also has operations through Doing Business As (DBA) agreement with Jiahong Gas Co., Ltd. (Jiahong), registered under the Chinese laws in the Peoples Republic of China, Guizhou Province.
Through DBA agreements with Jiahong, Largo Vista is engaged in the business of purchasing and reselling liquid petroleum gas ("LPG") in the retail and wholesale markets to both residential and commercial consumers. Largo Vista operated a storage depot and has an office headquarters in the City of Zunyi. Largo Vista has found the storage depot operations to be unprofitable; and therefore has terminated those operations in order to concentrate its resources on supplying LPG in bottles and through pipelines.
In February 2002, Largo Vistas China operations entered into an agreement with the Zunyi Municipal Government to design and install LPG pipeline systems in residential areas in the city of Zunyi. In exchange for installing the pipeline, the agreement provides for the Largo Vista to be the sole LPG supplier for those households for 40 years. Largo Vista substantially completed the installation of the LPG pipeline in 2002 and continues to operate the pipeline.
In May 2003, Largo Vistas China operations entered into its second agreement with Zunyi Municipal Government to design and install more LPG pipeline systems in residential areas in the city of Zunyi, China. The pipeline project was substantially completed in December of 2004. These two pipelines currently serve approximately 440 customers. When natural gas becomes available to the area, these pipelines will be in place to deliver that commodity to the same customers.
In addition, Largo Vista has contracted with a private developer to construct four additional pipelines in the same area. Pipeline Number 3 will serve 42 condominiums with completion estimated in July of 2005. Pipeline Number 4 will serve 60 condominiums. Construction schedules are being developed. Pipeline Number 5 will serve 1,067 condominiums with completion estimated in August of 2005. Pipeline Number 6 will serve 5,000 condominiums and is currently in the architectural development stage. All of these pipelines will be operated by Largo Vista under exclusive 40-year supply contracts.
Largo Vista continues to engage in the petroleum supply business in Vietnam.
In addition, Largo Vista has two representative offices in the Far East area, one in Wuhan, China and another in Ho Chi Minh City, Vietnam, to supervise LPG and gas oil trading operations in China and Vietnam, respectively. Largo Vista continues to evaluate the acquisition of other possible business opportunities in the Far East.
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On March 18, 2005, Largo Vista signed an Agreement and Assignment of Certain Contractual Rights and Benefits (the Agreement), with Shanghai Offshore Oil Group (HK) Co., Ltd. (Shanghai Oil). Under the Agreement, Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The Peoples Republic of China (the Asiacorp Contract). The Agreement states that deliveries will begin no later than May 18, 2005 and continue for a period of thirty-seven
(37) months at a rate of up to two hundred thousand (200,000) metric tons per month. The assigned Asiacorp Contract provides that the estimated value of the maximum potential deliveries over the life of the Agreement, at the market prices in effect at the time of the signing of the Asiacorp Contract on July 22, 2004, to be approximately one billion, two hundred thirty million, nine hundred sixty thousand dollars ($1,230,960,000.00). The Agreement provides that Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton, and that Shanghai Oil will continue to be responsible for the logistics and financing of the delivery of the fuel oil. In exchange, Largo Vista will issue to Shanghai Oil one hundred million (100,000,000) shares of Largo Vistas common stock, to be issued in three increments, one-third within ten days of the signing of the Agreement or thirty days before the first delivery, the second one-third one year later, and the final one-third one year later.
FORWARD LOOKING STATEMENTS
This Form 10-QSB contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included Herein that address activities, events or developments that the Corporation expects, believes, estimates, plans, intends, projects or anticipates will or may occur in the future, are forward-looking statements. Actual events may differ materially from those anticipated in the forward-looking statements. Important risks that may cause such a difference include: general domestic and international economic business conditions, increased competition in the Company`s markets and products. Other factors may include, availability and terms of capital, and/or increases in operating and supply costs. Market acceptance of existing and new products, rapid technological changes, availability of qualified personnel also could be factors. Changes in the Company`s business strategies and development plans and changes in government regulation could adversely affect the Company. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate. There can be no assurance that the forward-looking statements included in this filing will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company that the objectives and expectations of the Company would be achieved.
RESULTS OF OPERATIONS
REVENUE
During the quarter ended March 31, 2005 the Company realized $54,611 of revenue compared to $124,692 for the same period in the prior year, a 56.20% decrease. This is primarily attributable to the decrease in revenues from the unprofitable depot operations closed in the second quarter 2004.
COSTS AND EXPENSES
The Company incurred costs of sales of $66,066 in connection with the LPG revenues during three months ended March 31, 2005, compared to $103,231 for the three months ended March 31, 2004. This is primarily attributable to the decrease in revenues from the unprofitable depot operations closed in 2004.
During the quarter ended March 31, 2005 the Company incurred $69,316 of operating expenses compared to $89,992 for the same period in the prior year. The decrease was due primarily to further reduction in overhead positions and the closure of the unprofitable depot operations.
--------------------------------------------------------------------------------
LIQUIDITY AND CAPITAL RESOURCES
As of March 31, 2005, we had a deficiency in working capital of $866,719. As result of our net loss of $88,380, adjusted principally for $32,555 of increase in prepaid expenses and $17,618 of decrease in accounts payable and accrued liabilities, our cash flow used in operations was $103,558 during the three months ended March 31, 2005. Certain shareholders and related parties have advanced funds and contributed capital to the Company in the amount of $50,395 during the three months ended March 31, 2005. Our net cash decreased from $94,565 at December 31, 2004 to $41,402 at March 31, 2005, a net decrease of $53,163.
In the past we have raised capital to meet our working capital requirements. Additional financing may not be required due to the contract agreement stated previously.
The effect of inflation on the Company`s revenue and operating results was not significant. The Company`s operations are located in mainland China and there are no seasonal aspects that would have a material effect on the Company`s financial condition or results of operations.
The Company`s independent certified public accountant has stated in his report included in the Company`s December 31, 2004 Form 10-KSB, that the Company has incurred operating losses in the last two years, and that the Company is dependent upon management`s ability to develop profitable operations.
This signed contract agreement should be sufficient to begin profitable operations.
CAUTIONARY FACTORS THAT MAY AFFECT FUTURE RESULTS
Our annual report on Form 10-KSB for the year ended December 31, 2004 includes a detailed list of cautionary factors that may affect future results. Management believes that there have been material changes to the factors so listed, and as such should reflect positively on future results. That annual report can be accessed in the EDGAR section of the SEC website.
DAnke, wollt`s auch gerade reinstellen!
$1 ist das Ziel!!!
$1 ist das Ziel!!!
[posting]16.401.524 von ch76xxxx am 18.04.05 20:53:47[/posting]Mal sehen - ich denke man wird wohl die nächste Meldung betreff der Lieferungen, bzw. die nächsten Q-Zahlen abwarten dürfen
wayne, die 1. Lieferung soll bis
zum 18. folgen. Als innerhalb der
nächsten 6 Tage. Bis dahin müssten
sich noch einige eindecken, um den
Zug nicht zu verpassen...
Vielleicht bekommt Largo ja sogar mehr
als $2/Metric Tonne. Momentan verdient
LARGO bei dieser Marge $400.000 jeden
Monat ab 18. Mai.
...und das ist erst der ERSTE Auftrag dieser Art...
zum 18. folgen. Als innerhalb der
nächsten 6 Tage. Bis dahin müssten
sich noch einige eindecken, um den
Zug nicht zu verpassen...
Vielleicht bekommt Largo ja sogar mehr
als $2/Metric Tonne. Momentan verdient
LARGO bei dieser Marge $400.000 jeden
Monat ab 18. Mai.
...und das ist erst der ERSTE Auftrag dieser Art...
[posting]16.590.652 von Wallgrekk am 12.05.05 10:50:46[/posting]Das ist schon richtig, aber viele werden eine Vollzugsmeldung abwarten oder auf die entsprechenden Q-Zahlen - ansonst wäre der Kurs ja schon höher bei zu erwartenden Earnings von ca. 4,8 Mio. $ jährlich
wayne, news!!
SHANGHAI hat jetzt die 33,333,333 shares!!!!!!
Siehe
http://edgar.brand.edgar-online.com/fetchFilingFrameset.aspx…
SHANGHAI hat jetzt die 33,333,333 shares!!!!!!
Siehe
http://edgar.brand.edgar-online.com/fetchFilingFrameset.aspx…
[posting]16.592.933 von Wallgrekk am 12.05.05 13:57:41[/posting]Habe es gelesen,danke
Hast du die outstanding Shares mitbekommen ?
The number of shares of Common Stock outstanding as of April 14, 2005 was 375,000,000.
Das unterscheidet sich aber nun schon kräftig von den mir bekannten 270. Mio. Shares vom 12.11.04
Naja, mehr als 50Mio. weitere Shares geht ja momentan nicht, 400Mio. sind genehmigt lt. 10QSB vom 1.10.2004 oder gibts da schon was neues ?
Na denn schau mer mal ......
Hast du die outstanding Shares mitbekommen ?
The number of shares of Common Stock outstanding as of April 14, 2005 was 375,000,000.
Das unterscheidet sich aber nun schon kräftig von den mir bekannten 270. Mio. Shares vom 12.11.04
Naja, mehr als 50Mio. weitere Shares geht ja momentan nicht, 400Mio. sind genehmigt lt. 10QSB vom 1.10.2004 oder gibts da schon was neues ?
Na denn schau mer mal ......
Naja, wenn Shanghai 100mio neue Aktien
bekommt innerhalb von 3 Jahren, dann
hat sich logischerweise auch die outstanding shares
um diese Anzahl erhöht.
Aber nachdem die 100mio. ja schon "vergeben" sind,
hat sich an der eigentlichen Bewertung nichts
verändert.
bekommt innerhalb von 3 Jahren, dann
hat sich logischerweise auch die outstanding shares
um diese Anzahl erhöht.
Aber nachdem die 100mio. ja schon "vergeben" sind,
hat sich an der eigentlichen Bewertung nichts
verändert.
[posting]16.593.200 von Wallgrekk am 12.05.05 14:18:02[/posting]Die Frage ist für mich, ob diese 100Mio. Shares für Shanghai schon in den 400Mio. gen. Shares enthalten sind, oder ob da eine weitere Verwässerung durch Genehmigung und Ausgabe neuer Shares auf uns zukommt.
Heute ist D-Day!!!!!!!!!
18.05.2005
On March 18, 2005, the Largo Vista signed an Agreement and Assignment of Certain Contractual Rights and Benefits (the “Agreement”), with Shanghai Offshore Oil Group (HK) Co., Ltd. (“Shanghai Oil”) pursuant to the Agreement in Principle. Under the Agreement, Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The People’s Republic of China (the “Asiacorp Contract”). The Agreement states that deliveries will begin no later than May 18, 2005 and continue for a period of thirty-six (36) months at a rate of up to two hundred thousand (200,000) metric tons per month.
LARGO bekommt MINIMUM $2 pro metric tons!!!!
AB HEUTE WIRD RICHTIG GELD VERDIENT!!!!!!!
Die Aktie ist massivst unterbewertet!
18.05.2005
On March 18, 2005, the Largo Vista signed an Agreement and Assignment of Certain Contractual Rights and Benefits (the “Agreement”), with Shanghai Offshore Oil Group (HK) Co., Ltd. (“Shanghai Oil”) pursuant to the Agreement in Principle. Under the Agreement, Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The People’s Republic of China (the “Asiacorp Contract”). The Agreement states that deliveries will begin no later than May 18, 2005 and continue for a period of thirty-six (36) months at a rate of up to two hundred thousand (200,000) metric tons per month.
LARGO bekommt MINIMUM $2 pro metric tons!!!!
AB HEUTE WIRD RICHTIG GELD VERDIENT!!!!!!!
Die Aktie ist massivst unterbewertet!
Hier ein Posting
aus einem anderen Board.
Laut dessen Aussage hat das Management
ein Kursziel von 3.000%-4.000% in Aussicht!!!!!!!
CATFISH_PAUL05-09-2005, 05:44 PM
just got off the phone with investers relations and they are looking for the pps to reach $3.00-$4.00 per share that it is way undervalued and as of now everything is on schedual. they are looking to get on nasdeq real soon. he also was talking about their core buisness which is running and pipleines. they have 6 projects going and 4 or 5 are complete which bring in great revenue and they can be seen on the websight. outlook is phenominal for the company. looking real good in my opinion. cant wait to see what the coming months will bring. i had read the 3-4 doller thing in other forums and didnt beleive it and is part of the reason i called. the shares paid to the company are all restricted and can not be sold in the open market. he also said their will be no dilution of stock going on. oh and that the contract was actually 1.8 billion dollers and they were conservative on the pr because of reprocusions from the sec. he said imidiatly after they posted the pr about the contract the sec said they better prove this or they will suspend trading and that is why the sec filing on the contract came out so quick. i am trying to remember all that was said the return call caught me off guard i was out riding my bike. oh one more thing all the top officials of the company are in china at this time. he didnt say why but lets hope it is sighning new contracts or it could be just them finalizing the one they have
http://www.marketmillionaires.com/archive/index.php/t-1763.h…
aus einem anderen Board.
Laut dessen Aussage hat das Management
ein Kursziel von 3.000%-4.000% in Aussicht!!!!!!!
CATFISH_PAUL05-09-2005, 05:44 PM
just got off the phone with investers relations and they are looking for the pps to reach $3.00-$4.00 per share that it is way undervalued and as of now everything is on schedual. they are looking to get on nasdeq real soon. he also was talking about their core buisness which is running and pipleines. they have 6 projects going and 4 or 5 are complete which bring in great revenue and they can be seen on the websight. outlook is phenominal for the company. looking real good in my opinion. cant wait to see what the coming months will bring. i had read the 3-4 doller thing in other forums and didnt beleive it and is part of the reason i called. the shares paid to the company are all restricted and can not be sold in the open market. he also said their will be no dilution of stock going on. oh and that the contract was actually 1.8 billion dollers and they were conservative on the pr because of reprocusions from the sec. he said imidiatly after they posted the pr about the contract the sec said they better prove this or they will suspend trading and that is why the sec filing on the contract came out so quick. i am trying to remember all that was said the return call caught me off guard i was out riding my bike. oh one more thing all the top officials of the company are in china at this time. he didnt say why but lets hope it is sighning new contracts or it could be just them finalizing the one they have
http://www.marketmillionaires.com/archive/index.php/t-1763.h…
wallgreck
gibt es irgendwo auch fundamentlaes dazu, was man sich inormatinshalber mal durchlesenkönnte??
warum ist die aktie vom jahreshoch so gefallen, wo sie doch so aussichtreich aussiehtß ichmeine wäre ja schon beim ereichen des jahreshochs von 0,26 ein feiner gewinn.
wie gesagt: binheutre durch deinenhinweis erst auf diee aktie gestoßen und es wäre nett, wenn du mir ein paar hinweise gebenkönntest. danke dir im voraus!!
ps: und das, wo ich schon gerade in orchid investiert bin!!
aber egal. no risk no fun!!
gruß
schoko
gibt es irgendwo auch fundamentlaes dazu, was man sich inormatinshalber mal durchlesenkönnte??
warum ist die aktie vom jahreshoch so gefallen, wo sie doch so aussichtreich aussiehtß ichmeine wäre ja schon beim ereichen des jahreshochs von 0,26 ein feiner gewinn.
wie gesagt: binheutre durch deinenhinweis erst auf diee aktie gestoßen und es wäre nett, wenn du mir ein paar hinweise gebenkönntest. danke dir im voraus!!
ps: und das, wo ich schon gerade in orchid investiert bin!!
aber egal. no risk no fun!!
gruß
schoko
schoko, steht eigentlich alles
hier in diesem Thread. Lies Dich
einfach durch!
Gruß,
hier in diesem Thread. Lies Dich
einfach durch!
Gruß,
noch keine news bis jetzt...
immer noch keine news!
[posting]16.650.992 von Wallgrekk am 18.05.05 22:08:26[/posting]Der Kurs geht immer mehr in den Keller, hoffe mal für dich, das da alles sauber war
Naja, wenigstens nicht unter
hohen Umsätzen. Das sind wohl
lediglich ein paar enttäuschte
Aktionäre, die auf das schnelle
Geld hoffen.
Ich bleib weiterhin dabei. Solange,
bis der Euro steht!
hohen Umsätzen. Das sind wohl
lediglich ein paar enttäuschte
Aktionäre, die auf das schnelle
Geld hoffen.
Ich bleib weiterhin dabei. Solange,
bis der Euro steht!
+4%.......
es wird doch nicht.......
es wird doch nicht.......
Hallooo?? Mehr als 10% intraday und seeeehhhrrr großes Volumen, hab ich News verpasst ?? Weiß jemand mehr ?? Auf meine Anfrage direkt an Largo habe ich noch keine Antwort.
habe eben bei der IR Abteilung angerufen,
sobald ich news habe, werd ich diese reinstellen...
LG,
Wall
sobald ich news habe, werd ich diese reinstellen...
LG,
Wall
moin moin
würd mich ja mal intressieren was du mit denen geplaudert hast
was hast du den in erfahrung bringen wollen?
------------------------
naja wenn ich mir den chart so anschau dann sind wir bald wieder bei 5-6 cent.
das ist dann wohl auch näher an einer fairen bewertung dran
gruss
würd mich ja mal intressieren was du mit denen geplaudert hast
was hast du den in erfahrung bringen wollen?
------------------------
naja wenn ich mir den chart so anschau dann sind wir bald wieder bei 5-6 cent.
das ist dann wohl auch näher an einer fairen bewertung dran
gruss
Elch, ich hab lediglich gefragt,
warum sie keine Meldung rausbringen
wg. der Bestätigung des Oil Shipments.
Darauf warten alle.
Leider kein Rückruf bis jetzt...
warum sie keine Meldung rausbringen
wg. der Bestätigung des Oil Shipments.
Darauf warten alle.
Leider kein Rückruf bis jetzt...
was haben sie dir geantwortet?
wussten sie zum zeitpunkt deines anrufes noch nicht ob alles läuft wie geplant?
haben sie dir explizit gesagt das sie dich zurrückrufen wollen?
bin ja mal gespannt.
aber wenn alles läuft wie es soll seit dem 18 mai, dann ist eigenlich kein mitteilung erforderlich, oder?
wussten sie zum zeitpunkt deines anrufes noch nicht ob alles läuft wie geplant?
haben sie dir explizit gesagt das sie dich zurrückrufen wollen?
bin ja mal gespannt.
aber wenn alles läuft wie es soll seit dem 18 mai, dann ist eigenlich kein mitteilung erforderlich, oder?
haben das alle auf RB schon gelesen?
By: bullwind
26 May 2005, 01:26 PM EDT
Msg. 92291 of 92297
Jump to msg. #
To all my LGOV Friends-last night I spoke to Mr Deng...
Sorry I have not got to you sooner, wife needed help with her washer.
Well, I went to my local Chinese restaurant where I know the owners. As you know I`m in the restaurant business. They were very funny and helpful. We talked and I gave them a list of questions to ask in Chinese. Before we called they translated them into Chinese so we would be ready.
Here they are:
Shanghai Oil:
Contact Person: Mr. Tang, Xue-jian, Chairman
Address: 35/F Bund Center 222 Yan An Road East
Shanghai China 200002 P.R.C.
Telephone/Mobile phone: 86-21-6335-0755/138-0183-1155
Fax: 86-21-6335-2169
Largo Vista:
Contact Persons: Mr. Deng, Shan and Mr. Albert Figueroa
Address: 4570 Campus Drive
Newport Beach, CA 92660, USA
Telephone: USA: 1-949-252-2180
China: 86-27-8672-2173
Fax: 1-949-252-2181/86-27-8673-4579
Call Mr. Tang, Xue-jian, Chairman or secretary
You are calling for Rincon Investment Group Arizona USA
Questions
1.Is the contract assignment in good standing that Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The People’s Republic of China?
2.Has or will the first delivery scheduled for May 18, 2005 been executed?
3.If no, what is the problem?
4.If yes, when will the first delivery be final and paid for?
5.Does Shanghai Oil intend to give more oil deals to Largo Vista
6.Will Shanghai Oil issue a press release when the first delivery is completed?
7.Has Shanghai Oil received any shares of Largo Vista at this time.
Well I called Mr. Deng first, was planning on calling S/O too, but did not have time.
Phone rang and rang. I was just about ready to hang-up and a gentalman answered. It was Mr. Deng. As it turns out he speaks very good english. I intoduced myself and asked the above questions. He probably told me more than he should have.
1. Yes, to the best of his knowledge.
2. No, but he`s diligently working on it. He said he has sent several letters to S/O asking to finalize the deal. He has gotten no answer yet. He emphasized to S/O that LGOV is not playing a joke, that this is serious business and that he, personnally is on the line to answer to the SEC. He said he was flying to Shanghai, Friday to meet with S/O face to face. I asked if the fuel oil is in route. He said it doesn`t work that way. The fuel oil is contantly in route and that for S/O and LGOV it was a paper transaction only. (My insight and by his tone of voice said he wasn`t shure the deal was going to happen because he immediately said that if the S/O deal didn`t work he would find another deal for LGOV. He seemed frustrated with S/O that they had not answered his letters. He seemed to infer that there were mega deals happening all the time and that he, sooner or later get one for LGOV. He emphasized that he was 100% commited to LGOV and increasing shareholder value.)
3. He could not elaborate, but was frustrated the deal didn`t happen on May 18, 2005 as schedualled. Hence the trip to meet face to face with S/O on Friday. (I remember Dan saying that Mr. Tang of S/O was a "tricky guy")
4. Eluded to early June.(Voice was not very confident)
5. Does not know at this point.
6. He said that would be a "material Event." Absolutly YES, but it will be LGOV giving the PR.
7. Did not get a clear answer. But that if deal fell through LGOV would get shares back, no problem because of how the contract was written.
All this is subject to your own verification. Call Mr. Deng yourself. He was very easy to talk to. We talked about meeting when he was back in the USA. Things I put in parenthesis are my opinion of how things felt.
Mr. Deng laughed, said he is working on other deals, and he hinted big deals, when I asked how the pipelines were doing.
Well there you have it. JMHO
I was left feeling unsure about the S/O deal. I`m letting my shares go to be on the sidelines. Hope this S/O deal goes through and I will get bach in.
Go LGOV!
bullwind
(Voluntary Disclosure: Position- No Position; ST Rating- Hold; LT Rating- Hold)
Gruss Wunram
By: bullwind
26 May 2005, 01:26 PM EDT
Msg. 92291 of 92297
Jump to msg. #
To all my LGOV Friends-last night I spoke to Mr Deng...
Sorry I have not got to you sooner, wife needed help with her washer.
Well, I went to my local Chinese restaurant where I know the owners. As you know I`m in the restaurant business. They were very funny and helpful. We talked and I gave them a list of questions to ask in Chinese. Before we called they translated them into Chinese so we would be ready.
Here they are:
Shanghai Oil:
Contact Person: Mr. Tang, Xue-jian, Chairman
Address: 35/F Bund Center 222 Yan An Road East
Shanghai China 200002 P.R.C.
Telephone/Mobile phone: 86-21-6335-0755/138-0183-1155
Fax: 86-21-6335-2169
Largo Vista:
Contact Persons: Mr. Deng, Shan and Mr. Albert Figueroa
Address: 4570 Campus Drive
Newport Beach, CA 92660, USA
Telephone: USA: 1-949-252-2180
China: 86-27-8672-2173
Fax: 1-949-252-2181/86-27-8673-4579
Call Mr. Tang, Xue-jian, Chairman or secretary
You are calling for Rincon Investment Group Arizona USA
Questions
1.Is the contract assignment in good standing that Shanghai Oil assigns to Largo Vista all of its rights under a prior contract with Asiacorp Investment Holding Ltd. to purchase fuel oil from Russia and deliver it to The People’s Republic of China?
2.Has or will the first delivery scheduled for May 18, 2005 been executed?
3.If no, what is the problem?
4.If yes, when will the first delivery be final and paid for?
5.Does Shanghai Oil intend to give more oil deals to Largo Vista
6.Will Shanghai Oil issue a press release when the first delivery is completed?
7.Has Shanghai Oil received any shares of Largo Vista at this time.
Well I called Mr. Deng first, was planning on calling S/O too, but did not have time.
Phone rang and rang. I was just about ready to hang-up and a gentalman answered. It was Mr. Deng. As it turns out he speaks very good english. I intoduced myself and asked the above questions. He probably told me more than he should have.
1. Yes, to the best of his knowledge.
2. No, but he`s diligently working on it. He said he has sent several letters to S/O asking to finalize the deal. He has gotten no answer yet. He emphasized to S/O that LGOV is not playing a joke, that this is serious business and that he, personnally is on the line to answer to the SEC. He said he was flying to Shanghai, Friday to meet with S/O face to face. I asked if the fuel oil is in route. He said it doesn`t work that way. The fuel oil is contantly in route and that for S/O and LGOV it was a paper transaction only. (My insight and by his tone of voice said he wasn`t shure the deal was going to happen because he immediately said that if the S/O deal didn`t work he would find another deal for LGOV. He seemed frustrated with S/O that they had not answered his letters. He seemed to infer that there were mega deals happening all the time and that he, sooner or later get one for LGOV. He emphasized that he was 100% commited to LGOV and increasing shareholder value.)
3. He could not elaborate, but was frustrated the deal didn`t happen on May 18, 2005 as schedualled. Hence the trip to meet face to face with S/O on Friday. (I remember Dan saying that Mr. Tang of S/O was a "tricky guy")
4. Eluded to early June.(Voice was not very confident)
5. Does not know at this point.
6. He said that would be a "material Event." Absolutly YES, but it will be LGOV giving the PR.
7. Did not get a clear answer. But that if deal fell through LGOV would get shares back, no problem because of how the contract was written.
All this is subject to your own verification. Call Mr. Deng yourself. He was very easy to talk to. We talked about meeting when he was back in the USA. Things I put in parenthesis are my opinion of how things felt.
Mr. Deng laughed, said he is working on other deals, and he hinted big deals, when I asked how the pipelines were doing.
Well there you have it. JMHO
I was left feeling unsure about the S/O deal. I`m letting my shares go to be on the sidelines. Hope this S/O deal goes through and I will get bach in.
Go LGOV!
bullwind
(Voluntary Disclosure: Position- No Position; ST Rating- Hold; LT Rating- Hold)
Gruss Wunram
ja, dennoch danke Wunram
@Wallgrekk
400k sind ja schön und gut, aber im filing kann wirklich nix anderes entdecken ausser den `prognostizierten` nicht abgeschlossenen 400k / 4,8 mio im jahr
bei 276 mio o/s komme ich mit meinem taschenrechner zu .01 pro share -> jetzt sind die schon bei .1 also 1000% drüber!
sollte dies `nur` ein zock bezüglich der zu erwartenden news für den abschluss sein?
bzw. wie hoch ist das o/s denn
paul
400k sind ja schön und gut, aber im filing kann wirklich nix anderes entdecken ausser den `prognostizierten` nicht abgeschlossenen 400k / 4,8 mio im jahr
bei 276 mio o/s komme ich mit meinem taschenrechner zu .01 pro share -> jetzt sind die schon bei .1 also 1000% drüber!
sollte dies `nur` ein zock bezüglich der zu erwartenden news für den abschluss sein?
bzw. wie hoch ist das o/s denn
paul
Paul, angeblich (Boardspekulationen) steht LARGOVISTA
vor weiteren 3-4 Aufträgen in derselben, bzw. noch
größeren Aufträgen.
Was hast Du denn ausgerechnet?
Doch wohl das KUV? Und das steht bei 0,018
Gehen wir mal von einem "normalen" fairen KUV
von 1 aus. dann müsste der Kurs theoretisch knapp
50fach unterbewertet sein(bei einem KUV von 0,9).
Bei einem derzeitigen Kurs von ca. $0,1 multipliziert
mal 50 .......käme ich auf $5 und wäre somit immer noch
unter einem KUV von 1.
vor weiteren 3-4 Aufträgen in derselben, bzw. noch
größeren Aufträgen.
Was hast Du denn ausgerechnet?
Doch wohl das KUV? Und das steht bei 0,018
Gehen wir mal von einem "normalen" fairen KUV
von 1 aus. dann müsste der Kurs theoretisch knapp
50fach unterbewertet sein(bei einem KUV von 0,9).
Bei einem derzeitigen Kurs von ca. $0,1 multipliziert
mal 50 .......käme ich auf $5 und wäre somit immer noch
unter einem KUV von 1.
Korrigiere:
Laut SEC Filing vom 12.05.2004 (Jahresabschluss 2004)
gibt es 370mio outstanding shares.
KUV berechnet sich wie folgt:
KUV= Kurs der Aktie / ( Umsatz der AG / Anzahl der Aktien )
D.h.
Bei einem Auftragsvolumen von 1.5Mrd (sagen wir mal, das wäre der grobe Umsatz für 2005)
Rechne ich 1.5Mrd./370mio.
ergibt ca. 4
Kurs der Aktie (derzeit knapp $0.1)
0,1/4
= 0,025
Um auf ein KUV von 1 zu kommen, muss ich mit 40 multiplizieren.
Käme ich auf $0,1*40 = $4
Laut SEC Filing vom 12.05.2004 (Jahresabschluss 2004)
gibt es 370mio outstanding shares.
KUV berechnet sich wie folgt:
KUV= Kurs der Aktie / ( Umsatz der AG / Anzahl der Aktien )
D.h.
Bei einem Auftragsvolumen von 1.5Mrd (sagen wir mal, das wäre der grobe Umsatz für 2005)
Rechne ich 1.5Mrd./370mio.
ergibt ca. 4
Kurs der Aktie (derzeit knapp $0.1)
0,1/4
= 0,025
Um auf ein KUV von 1 zu kommen, muss ich mit 40 multiplizieren.
Käme ich auf $0,1*40 = $4
[posting]16.401.941 von Wallgrekk am 18.04.05 21:52:54[/posting]Hallo, jetzt bin ich ein wenig durcheinander 14 Mio./Jahr od. 1,3 Mrd
Und nä. Posting vom 18.04.: +0,038 / Share od. insg. 4 $ am Jahresende. Walli und Ch76xxx, ihr seid die Rechnenünstler hier. Der aktuelle Deal nist ja wohl geplatzt, aber wenn ich im rb Board richtig gelesen hab, rech´net man doch noch mit neuen Abschlüssen.
Vielleicht kann ja doch mal einer Zusammenfassung der letzten 2 Monate geben. ( Die auch ich verstehe )
-blonde Frau-
Und nä. Posting vom 18.04.: +0,038 / Share od. insg. 4 $ am Jahresende. Walli und Ch76xxx, ihr seid die Rechnenünstler hier. Der aktuelle Deal nist ja wohl geplatzt, aber wenn ich im rb Board richtig gelesen hab, rech´net man doch noch mit neuen Abschlüssen.
Vielleicht kann ja doch mal einer Zusammenfassung der letzten 2 Monate geben. ( Die auch ich verstehe )
-blonde Frau-
kia, der Deal ist überhaupt nicht geplatzt!
Fakten handeln. und lezteres war, dass der
Deal sogar durch SEC Filing durch ist.
Leider seitdem keine news, daher herrscht
Unsicherheit und die schwachen Hände werden
abgeschüttelt.
Nach Fakten handeln!
Fakten handeln. und lezteres war, dass der
Deal sogar durch SEC Filing durch ist.
Leider seitdem keine news, daher herrscht
Unsicherheit und die schwachen Hände werden
abgeschüttelt.
Nach Fakten handeln!
kia, ich rede von 1,5Mrd. Umsatz (Auftragsvolumen)
Nun dann danke erst mal, und jetzt abwarten und Daumen drücken ( für positive News )
@ wallgrek
das auftragsvolumen streckt sich über die vertragslaufzeit
ergo ist deine rechnung nicht richtig! -> es fließt nicht alles in 2005!
was man kalulieren könnte, ist der zu erwartende umsatz pro jahr der mit 400k pro monat angegeben ist!
so long
paul
das auftragsvolumen streckt sich über die vertragslaufzeit
ergo ist deine rechnung nicht richtig! -> es fließt nicht alles in 2005!
was man kalulieren könnte, ist der zu erwartende umsatz pro jahr der mit 400k pro monat angegeben ist!
so long
paul
hier nochmal ein auszug aus der news:
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 28, 2005--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that negotiations with Shanghai Offshore Oil Group (HK) Co., Ltd. have resulted in a signed contract (No. MZ07976). The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery.
----
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=3403…
hier ein auszug aus dem 8k -> bezüglich der zu erwartenden gewinne:
"The Agreement provides that Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton,
also sagen wir mal von beginn an die 200k metric tonns -> dann gibt dies 200x2=400k profit im monat x 12 =4,8 mio in der kasse
wenn ich dies mal als velue nehme und 370 mio o/s dagegenhalte, komme ich auf einen pps von .01297
was für values hat lgov noch?
paul
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 28, 2005--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that negotiations with Shanghai Offshore Oil Group (HK) Co., Ltd. have resulted in a signed contract (No. MZ07976). The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery.
----
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=3403…
hier ein auszug aus dem 8k -> bezüglich der zu erwartenden gewinne:
"The Agreement provides that Largo Vista will be guaranteed a minimum of two dollars ($2.00) profit per metric ton,
also sagen wir mal von beginn an die 200k metric tonns -> dann gibt dies 200x2=400k profit im monat x 12 =4,8 mio in der kasse
wenn ich dies mal als velue nehme und 370 mio o/s dagegenhalte, komme ich auf einen pps von .01297
was für values hat lgov noch?
paul
Paul, im Vertrag steht
übrigens eine Garantie von
MINDESTENS $2 pro metric Tonne
bekommt!
Aber Du hast Recht, der Vertrag
erstreckt sich natürlich über 3 Jahre,
hatte ich nicht mit einberechnet.
übrigens eine Garantie von
MINDESTENS $2 pro metric Tonne
bekommt!
Aber Du hast Recht, der Vertrag
erstreckt sich natürlich über 3 Jahre,
hatte ich nicht mit einberechnet.
Immerhin heute schon +30%
@ wallgrekk
hab ich in meine berechnung auch einfliessen lassen: siehe post 127
400k/mon = 4.8 mio im jahr
paul
hab ich in meine berechnung auch einfliessen lassen: siehe post 127
400k/mon = 4.8 mio im jahr
paul
Paul, ich hab`s gelesen.
Vergleicht man die Revenues
mit denen zu letztem Jahr, wäre
LARGO sogar profitabel. D.h. wir
dürften eigentlich gar nicht NUR das
KUV ausrechnen, sondern das KGV.
Ich Idiot...
Vergleicht man die Revenues
mit denen zu letztem Jahr, wäre
LARGO sogar profitabel. D.h. wir
dürften eigentlich gar nicht NUR das
KUV ausrechnen, sondern das KGV.
Ich Idiot...
Paul, das ist wohl alles was die haben, mehr gibts nicht,
und wenn die lieferung in die hose geht, dann war es das erstmal mit lgov.
die nächsten tagen, evtl. wochen werden es zeigen.
und spekulationen von weiteren aufträgen hab ich nur von dir gelesen Wallgrekk, sonst nirgenwo
und generell sollte man erstmal nicht davon ausgehen, und schon gar nicht damit rechnen, das geht nur nach hinten los.
gruss vom Elch
und wenn die lieferung in die hose geht, dann war es das erstmal mit lgov.
die nächsten tagen, evtl. wochen werden es zeigen.
und spekulationen von weiteren aufträgen hab ich nur von dir gelesen Wallgrekk, sonst nirgenwo
und generell sollte man erstmal nicht davon ausgehen, und schon gar nicht damit rechnen, das geht nur nach hinten los.
gruss vom Elch
Elch, da hast Du natürlich Recht.
Es sind Spekulationen. Fakt ist momentan
nur der durch ein SEC Filing gesicherte Auftrag.
Wohl einer der größten in der OTC Geschichte (siehe
Thread Titel). Also gehen wir mal davon aus, dass
alles klappt. Dann hat LARGO einen richtig großen
Namen in der Öl - und Gas Industrie in China, bzw.
Russland.
Da kannst Du davon ausgehen, dass dies nicht der letzte
Auftrag dieser Art war...
Es sind Spekulationen. Fakt ist momentan
nur der durch ein SEC Filing gesicherte Auftrag.
Wohl einer der größten in der OTC Geschichte (siehe
Thread Titel). Also gehen wir mal davon aus, dass
alles klappt. Dann hat LARGO einen richtig großen
Namen in der Öl - und Gas Industrie in China, bzw.
Russland.
Da kannst Du davon ausgehen, dass dies nicht der letzte
Auftrag dieser Art war...
Mal zum fundamentalen zurück.
Nehmen wir mal an, LARGO erwirtschaftet
diese (aufgerundet) 5 mio im Jahr.
Was wäre das dann für ein Gewinn/Aktie?
5mio/outstanding shares(370mio.) oder??
ergibt 0,0135
Der Kurs liegt derzeit im Schnitt von sagen wir
mal großzügig $0,12
Ergäbe ein KGV von unglaublichen 0,11
Die Dax Werte liegen zwischen 15-20
Oder rechne ich hier einen totalen Schmarrn zusammen???
Nehmen wir mal an, LARGO erwirtschaftet
diese (aufgerundet) 5 mio im Jahr.
Was wäre das dann für ein Gewinn/Aktie?
5mio/outstanding shares(370mio.) oder??
ergibt 0,0135
Der Kurs liegt derzeit im Schnitt von sagen wir
mal großzügig $0,12
Ergäbe ein KGV von unglaublichen 0,11
Die Dax Werte liegen zwischen 15-20
Oder rechne ich hier einen totalen Schmarrn zusammen???
bist du sicher das du richtig gerechnet hast??
ich komm da auf 9,25 .....(0,12/0,01297)
ich komm da auf 9,25 .....(0,12/0,01297)
hmmm,
berechnet man das nicht price /earnings ??
berechnet man das nicht price /earnings ??
gib mal nur so aus spass das hier ein
Allianz:
gewinn/aktie 6,00 € (ausgehend von http://annualreport.allianz.com/ar04/sp/de/pdf/d_026-029.pdf seite 2)
kurs ca 96 €
macht ein kgv laut dieser webseite : 0.0625
kann also nicht richtig sein, oder
also , ich schliesse mal nicht aus das ich hier falsch rechne, und das alles nur nicht versteh,
aber ich behaupte mal das die falsch rechnen
Allianz:
gewinn/aktie 6,00 € (ausgehend von http://annualreport.allianz.com/ar04/sp/de/pdf/d_026-029.pdf seite 2)
kurs ca 96 €
macht ein kgv laut dieser webseite : 0.0625
kann also nicht richtig sein, oder
also , ich schliesse mal nicht aus das ich hier falsch rechne, und das alles nur nicht versteh,
aber ich behaupte mal das die falsch rechnen
hier nochmal aus nem börsenlexikon:
http://boersenlexikon.faz.net/kursgewi.htm
Kurs-Gewinn-Verhältnis
Wichtige Kennzahl zur Beurteilung der Ertragskraft und -entwicklung eines Unternehmens im Vergleich zu einem oder mehreren anderen, auch Price-Earning-Ratio (PER) genannt. Es stellt das Verhältnis zwischen dem Gesamtgewinn, bezogen auf eine einzige Aktie, und dem Kurs dieser Aktie her. Beispiel: Der Kurswert einer Aktie liegt bei 200 Mark. Das Unternehmen erwirtschaftet zehn Mark Gewinn pro Aktie. 200 durch 10 macht 20 - also beträgt das Kurs-Gewinn-Verhältnis (KGV) 20. Je niedriger das KGV, um so besser. Die DAX-Werte haben derzeit ein KGV zwischen 15 und 20.
gruss vom Elch
http://boersenlexikon.faz.net/kursgewi.htm
Kurs-Gewinn-Verhältnis
Wichtige Kennzahl zur Beurteilung der Ertragskraft und -entwicklung eines Unternehmens im Vergleich zu einem oder mehreren anderen, auch Price-Earning-Ratio (PER) genannt. Es stellt das Verhältnis zwischen dem Gesamtgewinn, bezogen auf eine einzige Aktie, und dem Kurs dieser Aktie her. Beispiel: Der Kurswert einer Aktie liegt bei 200 Mark. Das Unternehmen erwirtschaftet zehn Mark Gewinn pro Aktie. 200 durch 10 macht 20 - also beträgt das Kurs-Gewinn-Verhältnis (KGV) 20. Je niedriger das KGV, um so besser. Die DAX-Werte haben derzeit ein KGV zwischen 15 und 20.
gruss vom Elch
okay,
vielleicht rechnen die falsch.
Trotzdem wäre die Aktie immer noch
mit einem KGV von ca. 9 unterbewertet.
INTEL z.B. hat ein KGV von fast 40.
Außerdem gehen wir von nur diesem einen einzigen
Deal aus.
Da sollte doch einiges mehr drin sein
für den Rest des Jahres...
vielleicht rechnen die falsch.
Trotzdem wäre die Aktie immer noch
mit einem KGV von ca. 9 unterbewertet.
INTEL z.B. hat ein KGV von fast 40.
Außerdem gehen wir von nur diesem einen einzigen
Deal aus.
Da sollte doch einiges mehr drin sein
für den Rest des Jahres...
nun kann man aber Intel nicht mit Lgov vergleichen.
ich find ein KGV von 9 schon ganz schön für ein unbekanntes
unternehmen was erst noch beweisen muss das es solche
verträge auch erfüllen kann.
weiter verträge sind noch nicht abzusehen.
abwarten und tee trinken
wir werden sehen was draus wird
gruss
ich find ein KGV von 9 schon ganz schön für ein unbekanntes
unternehmen was erst noch beweisen muss das es solche
verträge auch erfüllen kann.
weiter verträge sind noch nicht abzusehen.
abwarten und tee trinken
wir werden sehen was draus wird
gruss
Elch, sehe ich ähnlich.
Aber hier steckt ein Haufen Phantasie
drin.
Angenommen, LGOV bekommt anstatt der
Mindestgarantie von $2 sogar $3
Dann liegt das KGV schon bei 6
Wohlgemerkt gerechnet immer noch bei diesem einzigen
Deal.
Und im RB Board hab ich gelesen, dass noch
2,3weitere Deals dieser Art in Planung sind...
hier das Posting:
Posted by: bobby23
In reply to: galaxykirk who wrote msg# 388
Date:4/14/2005 11:58:41 AM
Post #of 390
LGOV will get a fantastic PR tomorrow, I spoke with their director of investment relations, and he told me specifically, that they will show a net gain for this quarter and have signed 2 new contracts worth 750M combined. This is going to be huge! Prices are down, and this is a great time to still get in!
-Bobby
Charttechnisch sieht`s übrigens
auch ziemlich gut aus!
Aber hier steckt ein Haufen Phantasie
drin.
Angenommen, LGOV bekommt anstatt der
Mindestgarantie von $2 sogar $3
Dann liegt das KGV schon bei 6
Wohlgemerkt gerechnet immer noch bei diesem einzigen
Deal.
Und im RB Board hab ich gelesen, dass noch
2,3weitere Deals dieser Art in Planung sind...
hier das Posting:
Posted by: bobby23
In reply to: galaxykirk who wrote msg# 388
Date:4/14/2005 11:58:41 AM
Post #of 390
LGOV will get a fantastic PR tomorrow, I spoke with their director of investment relations, and he told me specifically, that they will show a net gain for this quarter and have signed 2 new contracts worth 750M combined. This is going to be huge! Prices are down, and this is a great time to still get in!
-Bobby
Charttechnisch sieht`s übrigens
auch ziemlich gut aus!
da bin ich aber gespannt.
allerdings zweifle ich daran das man dies einem einzelnen
shareholder so exakt preisgibt.
wenn dann hätte lgov das offiziell miteilen müssen.
haben sie das???
ach ja das posting was du angibst wurde augenscheinlich am 14 april 2005 gepostet.
das bedeutet "tomorrow" war wann?
genau am 15. april....kam da was???
des weiteren empfehle ich allen einmal in das RB forum zu
schauen, dann kann man sich sehr schnell einen überblick über
den wahrheitsgehalt solcher äusserungen ein bild machen.
stay put !
allerdings zweifle ich daran das man dies einem einzelnen
shareholder so exakt preisgibt.
wenn dann hätte lgov das offiziell miteilen müssen.
haben sie das???
ach ja das posting was du angibst wurde augenscheinlich am 14 april 2005 gepostet.
das bedeutet "tomorrow" war wann?
genau am 15. april....kam da was???
des weiteren empfehle ich allen einmal in das RB forum zu
schauen, dann kann man sich sehr schnell einen überblick über
den wahrheitsgehalt solcher äusserungen ein bild machen.
stay put !
ach ja , ganz vergessen
nur ein kleiner hinweis
der chart ist etwas missweisend.
du solltest einen aktuellen nehmen.
nur ein kleiner hinweis
der chart ist etwas missweisend.
du solltest einen aktuellen nehmen.
okay Elch.
So gesehen befindet sich LGOV
seit Anfang Februar in einem kontinuierlichen
Aufwärtstrend...
So gesehen befindet sich LGOV
seit Anfang Februar in einem kontinuierlichen
Aufwärtstrend...
Quelle: http://www.americanbulls.com/StockPage.asp?CompanyTicker=LGO…
LARGO VISTA GROUP LTD
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 05.11.2005 (21) days ago, when the stock price was 0.1390. Since then LGOV has fallen -10.07% .
Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session`s end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY]
Buy only if the bulls are in charge
Forget about it if the bears surge
Data provided by: End of Day Data
BUY-IF
Conformance Rating
0.1250
+0.0240 +23.76%
Candlestick Analysis
Today’s Candlestick Patterns:
White Opening Marubozu
Bullish Morning Star
Candlestick Pattern
Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
For more about this candlestick click here.
The last three candlesticks formed a Bullish Morning Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.
LARGO VISTA GROUP LTD
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 05.11.2005 (21) days ago, when the stock price was 0.1390. Since then LGOV has fallen -10.07% .
Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session`s end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY]
Buy only if the bulls are in charge
Forget about it if the bears surge
Data provided by: End of Day Data
BUY-IF
Conformance Rating
0.1250
+0.0240 +23.76%
Candlestick Analysis
Today’s Candlestick Patterns:
White Opening Marubozu
Bullish Morning Star
Candlestick Pattern
Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
For more about this candlestick click here.
The last three candlesticks formed a Bullish Morning Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.
[posting]16.762.836 von Wallgrekk am 01.06.05 09:15:55[/posting]Moin,
kannst du dies so gegen 15:30 MEZ im rb BOard einstellen ??
kannst du dies so gegen 15:30 MEZ im rb BOard einstellen ??
kia, is schon passiert...
Aber vielleicht kann das jemand anderes
nochmal zu dieser Uhrzeit,
bin nämlich heute nicht da...
Aber vielleicht kann das jemand anderes
nochmal zu dieser Uhrzeit,
bin nämlich heute nicht da...
Germany +50%
Wer mag, kann ja mal
einen neuen Threadtitel aufmachen...
einen neuen Threadtitel aufmachen...
man Wallgrekk
du weisst genau wie zuverlässig diese website ist.
is doch lächerlich.
aber wenn es der sache hilft
du weisst genau wie zuverlässig diese website ist.
is doch lächerlich.
aber wenn es der sache hilft
Elch, es hilft tatsächlich
manchmal
manchmal
seid ihr noch da???
[posting]16.772.832 von Wallgrekk am 01.06.05 21:38:32[/posting]Jep,
sitzt hier in stiller Hoffnung
sitzt hier in stiller Hoffnung
+5,04%
Eröffnet mit Gap Up!
Eröffnet mit Gap Up!
+13,44%!
MACD könnte drehen.
Sieht gut aus!
3Monatschart
Sieht gut aus!
3Monatschart
Der hier gefällt mir fast noch
besser...
Jahres Chart
besser...
Jahres Chart
wollte nur mal den Thread
nach oben holen!
nach oben holen!
kia, noch da?
kurz Luft geholt....
...und schon wieder weiter nach oben!!
...und schon wieder weiter nach oben!!
Helfe jetzt auch mit nem Posting.
Hatte aber heute nen sch...Tag, Schrank kaputt, Telefon auch.
Ich gehe jetz raus in den Garten, vollführe einen Freudentanz ( habe den Kurs gesehen) und fange dann an zu schieben.... damit der Trend weitergeht
@Walli
Hast du News gefunden ??
Hatte aber heute nen sch...Tag, Schrank kaputt, Telefon auch.
Ich gehe jetz raus in den Garten, vollführe einen Freudentanz ( habe den Kurs gesehen) und fange dann an zu schieben.... damit der Trend weitergeht
@Walli
Hast du News gefunden ??
@Elch_
auch da ??
auch da ??
kia, bisher noch nicht.
Ist aber ein gutes Zeichen,
dass der Kurs steigt VOR
den News...
schönen Abend noch, gehhe jetzt
Grappa trinken!
Prost!
Ist aber ein gutes Zeichen,
dass der Kurs steigt VOR
den News...
schönen Abend noch, gehhe jetzt
Grappa trinken!
Prost!
Elch is auch da
grad erst zur tür rein
hatte heut mal einen börsenfreien tag
und jetzt ab ins bettchen
bis morgen
gute N8
Berlin zieht nach...
+8,3%
...und es geht weiter...
+8,3%
...und es geht weiter...
Long Term Indicators Average: 67% - Buy!!
Siehe link:
http://quote.barchart.com/texpert.asp?sym=LGOV
Siehe link:
http://quote.barchart.com/texpert.asp?sym=LGOV
Chartübersicht und Fakten:
LARGO VISTA is on the run!!!
Long Term Indicators Average: 67% - Buy
Siehe link: http://quote.barchart.com/texpert.asp?sym=LGOV
Candlestick analysis: Bullish Engulfing Pattern!!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=LGO…
Geil ist natürlich,
von wo die Aktie eigentlich
herkommt!!
Das ist eine reelle 1.000%Chance!!
LARGO VISTA is on the run!!!
Long Term Indicators Average: 67% - Buy
Siehe link: http://quote.barchart.com/texpert.asp?sym=LGOV
Candlestick analysis: Bullish Engulfing Pattern!!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=LGO…
Geil ist natürlich,
von wo die Aktie eigentlich
herkommt!!
Das ist eine reelle 1.000%Chance!!
MACD sieht nach Kaufsignal aus!
wollte nur mal den Thread
hocholen...
hocholen...
Bid/Ask up oversea!!
Leute, da brodelt was!
MEINER MEINUNG NACH!
Leute, da brodelt was!
MEINER MEINUNG NACH!
wenn bid/ask um 15:28 immer noch up sind, dann vielleicht!
imho ist jetzt zu früh, für eine aussage
paul
imho ist jetzt zu früh, für eine aussage
paul
15.07
bid/ask immer noch up!
Könnte ein Gap up werden,
dann wäre vorerst auch mal
candlestick analysis mit
"buy" bestätigt...
bid/ask immer noch up!
Könnte ein Gap up werden,
dann wäre vorerst auch mal
candlestick analysis mit
"buy" bestätigt...
übrigens mal am
Rande:
€0.13 = $0.16
Also wenn ihr welche kaufen
wollt, dann macht das bitte in
den USA!
Rande:
€0.13 = $0.16
Also wenn ihr welche kaufen
wollt, dann macht das bitte in
den USA!
Für den Hauptthread auch
noch mal der schöne Chart hier...
noch mal der schöne Chart hier...
[posting]16.821.211 von Wallgrekk am 06.06.05 23:17:26[/posting]Moin,
habe hier und im rb Board gestöbert. Wird ja ziemlich heiß diskutiert und in USA gehts wohl richtig zur Sache.
Alles was ich im letzten Jahr über Chartanalyse gelernt habe, macht für eine up/down Wette aber durchaus einen positiven Eindruck. In diesem Jahr nochmal eine ähnliche Entwicklung wie seit Beginn des Jahres, dann hat es sich doch schon gelohnt zu warten.
habe hier und im rb Board gestöbert. Wird ja ziemlich heiß diskutiert und in USA gehts wohl richtig zur Sache.
Alles was ich im letzten Jahr über Chartanalyse gelernt habe, macht für eine up/down Wette aber durchaus einen positiven Eindruck. In diesem Jahr nochmal eine ähnliche Entwicklung wie seit Beginn des Jahres, dann hat es sich doch schon gelohnt zu warten.
kia schön, dass wenigstens
Du Dich an dem Thread beteiligst.
Du Dich an dem Thread beteiligst.
...wer sich`s mal anschauen möchte...
$40 Mrd. gibt die Regierung für die nächsten
10 Jahre aus...und LGOV verhandelt immer noch...
Dämmert`s?
von Februar diesen Jahres:
http://www.largovista.com/lgovproject5.pdf
$40 Mrd. gibt die Regierung für die nächsten
10 Jahre aus...und LGOV verhandelt immer noch...
Dämmert`s?
von Februar diesen Jahres:
http://www.largovista.com/lgovproject5.pdf
Nochmal für alle zur Erinnerung:
Largo Vista Group Signs 1.5B Oil Contract
March 28, 2005
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 28, 2005--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that negotiations with Shanghai Offshore Oil Group (HK) Co., Ltd. have resulted in a signed contract (No. MZ07976). The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery. Signing the final agreement is one of the highlights LGOV targeted in the pursuit of business opportunities in China. The nation is the largest fuel oil importer in the Asia Pacific region and this contract will give Largo Vista Group, Ltd. worldwide attention. With an approved price structure assuring LGOV profits, this milestone should move the company closer to a national market listing and help make the next move easier.
Largo Vista Group Signs 1.5B Oil Contract
March 28, 2005
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 28, 2005--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that negotiations with Shanghai Offshore Oil Group (HK) Co., Ltd. have resulted in a signed contract (No. MZ07976). The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery. Signing the final agreement is one of the highlights LGOV targeted in the pursuit of business opportunities in China. The nation is the largest fuel oil importer in the Asia Pacific region and this contract will give Largo Vista Group, Ltd. worldwide attention. With an approved price structure assuring LGOV profits, this milestone should move the company closer to a national market listing and help make the next move easier.
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casta
casta
Hi Casta,
wird schon. Bisserl Geduld
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Thread: Die nächste TOURNIGAN? Ausbruch steht bevor!
wird schon. Bisserl Geduld
braucht`s halt...
Können wir uns auf diesen Thread
hier einigen?:
Thread: Die nächste TOURNIGAN? Ausbruch steht bevor!
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