Asia Global Hldgs. (WKN: A0J4BX)

Nachdem sich anscheinend bei 0.013 der Tiefpunkt eingestellt hat geht es unter ansteigendem Volumen sehr schön hoch. Es stehen die Jahreszahlen an (sind leider etwas verspätet), aber das kann sich täglich ändern.
Es ist angekündigt worden das sich die Zahlen nicht allzuweit von 2007 unterscheiden sollen ( war das nicht 0.02 Cent Gewinn je Aktie ;) ).
Also schön auf die Watchliste setzen , oder jetzt schon mal ein paar Positionen gönnen und dem Trend folgen.
Viel Erfolg allen Investoren und ein schönes Wochenende.

Hummel

P.S. wer stellt hier in Deutschland eigentlich die Kurse - eine Katrastrophe

sieht doch recht vielversprechend aus, oder ?

http://ih.advfn.com/...807662&article=37282456&symbol=NB^AAGH

On April 14, 2009, the management and Board of Directors of Asia Global Holding Corporation (the “Company”) concluded that the Company’s previously issued financial statements as of and for the three months and nine months ended September 30, 2008, as included in the Quarterly Report on Form 10-Q filed with the Commission on November 19, 2008 (the “September 30, 2008 Form 10-Q”) should no longer be relied upon because of errors in such financial statements.  As a result of these errors, the Company will restate the financial statements described above to correct its accounting for revenue recognition (“the Restatements”).


During the first three quarters of the year the Company saw a very strong growth in Media and Advertising sales from our Sino Trade subsidiary.  However near the end of 2008 and beginning of 2009 Sino Trade began feeling the effects of the global financial turndown. Sino Trade focuses exclusively on selling business-to-business advertising to small manufactures in China. The financial meltdown during the fourth quarter of 2008 harshly impacted Sino Trade’s core client base of small and medium sized manufacturers located in China who engage in manufacturing and exporting products to the United States. This segment of manufacturers in China simultaneously experienced severe cut-backs on bank facilities and a severe drop in export demand. The segment saw numerous factory closings and cutbacks at the end of year 2008, particularly in Southern China – the location of much of Sino Trade’s key client base. The adverse financial effect on the core customer group was far worse than Sino Trade originally anticipated. The full effect was not fully realized until the first quarter of 2009 when it became more apparent to Sino Trade management that many of its customers may not recover from the recent global financial crisis soon if at all. As a result, this adverse impact on the Sino Trade core customer base cast doubt on a considerable portion of sales the Company recorded in the three-month period ended September 30, 2008 as management cannot be certain of when or what portion of Sino Trade’s account receivables can be fully collected.


The Company anticipates that the Restatements would reduce net sales and reduce gross profit and would also affect net income and net loss for the period presented.  The Company also expects filing amendments to its Forms 10-Q for the affected quarterly period to reflect the corrections to its quarterly consolidated financial statements in the near future.  The Company’s annual report on Form 10-K for fiscal 2008 will reflect these adjustments and contain additional information regarding this matter.

http://ih.advfn.com/...516788&article=37412280&symbol=NB^AAGH

Idea Asia Limited and Global Media & Entertainment Group Enter Acquisition Agreement

LOS ANGELES, April 23 /PRNewswire-FirstCall/ --
Asia Global Holdings Corporation (OTC:AAGH) (BULLETIN BOARD: AAGH) subsidiary Idea Asia Limited (Idea Asia) and Global Media & Entertainment Group (GMEG) have entered into an agreement whereby GMEG agrees to acquire Idea Asia from AAGH subsidiary Sino Trade Intelligent Development Corp (Sino Trade) in return for 7.5% of GMEG's common stock and other considerations. The deal is pending exchange of consideration on or before May 15.

AAGH Management believes this transaction provides the company and its shareholders the opportunity to benefit from the company's investment in TV entertainment and the future potential value of Idea Asia while easing the company's expense burden related to overhead, production, marketing and distribution.

"This is an exciting time in China, the acquisition will present us with the opportunity to continue to penetrate the largest population in the world with more the 1.3 billion people and over 350 million urban consumers. Our prospects for growth are abundant and the industry partners we have made today will facilitate our expansion in China," said Vincent James DeFilippo, Chief Executive Officer for Global Media and Entertainment Group.

"Idea Asia has put down a very solid foundation in China as a provider of top quality content. We're excited to have GMEG help grow Idea Asia further by providing the resources needed to take the company to the next level," said John Leper, Chief Executive Officer for AAGH.

IDEA ASIA Limited based in Hong Kong and Shanghai, acquires, creates, funds, and produces internationally & locally created content for distribution throughout various media channels in China. The company provides value-added services to marketers, advertisers, and media outlets by bringing state-of-the-art internationally acclaimed TV and entertainment content and branded content formatted to be delivered throughout China.

Global Media and Entertainment Group is a global distributor of award-winning high quality content and video productions, through exclusive licensing agreements and rights, to distribution channels such as television, cable, satellite systems, Internet, mobile devices, and outdoor digital advertising billboards. GMEG plans to build a library of acquired and exclusive content or formats such as game shows, dramas, animations, movies, documentaries, films, concerts and special programming. This media will be distributed throughout the world in various formats.

...(weiter siehe LINK)