Decent summary on PHIL. Doesn't touch on everything though.
PHI Group, Inc. (OTCMKTS: PHIL) Curled Tight as M&A Player Launches ADE Token in Connection with Asia Diamond Exchange, Signs Massive Loan Agreements & Eyes National Exchange | Micro Cap DailyPHI Group, Inc. (OTCMKTS: PHIL) is curled up tight and in accumulation phase as it hovers below the penny mark averaging $500,000 in daily trading volume and supported by its massive international following. PHIL is among the most searched for stocks in small caps too and it’s so popular there...microcapdaily.com
Don't have an opinion on either as I haven't researched them.
Good luck. I'm holding most of mine until the ADE has matured operations (shovels aren't in the ground yet), the Lux Fund has 5B+ in it for projects and 5 Grains expands production aligned with their blueprint. I'm happy waiting 3-5 years.I doubled my position today at a nice discount.....going to hold this one unlike my usual flipping.
Ty, I'm looking for more long term stuff that could pay off in the future.Don't have an opinion on either as I haven't researched them.
But a quick look at the charts and one thing I'd say is don't caught get chasing. If I'm swing trading I'm focused on the MACD, VFI, VI and RSI against future PR/catalysts. If I miss a run on a stock I like I wait for a re-entry as there's always a sell off with profit takers.
New York, Dec. 20, 2021 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), a company currently focused on PHILUX Global Funds and developing the Asia Diamond Exchange (“ADE”) in Vietnam, is pleased to announce that the Company has signed a consulting agreement with Vietnam-based Cat Tuong Agricultural Processing Production Co. Ltd. (http://cattuongagrico.com/en) (“CT Farm”) to assist this enterprise to become a publicly traded company and establish production facilities in the United States of America.
According to the agreement, PHI Group, Inc. will be responsible for assisting CT Farm to list on the U.S. Nasdaq Stock Market (www.nasdaq.com), acquire farmland to set up production facilities in the Southeast region of the U.S. (https://www.pinterest.com/pin/425308758551550637/) and secure up to one billion U.S. dollars’ long-term financing for CT Farm to expand and grow the company in the global marketplace.
PHI Group, Inc. will receive cash and stock from CT Farm for services rendered in connection with this agreement.
Established in 2015 in My Tho City, Tien Giang Province, Vietnam, CT Farm has invested in a state-of-the-art packing factory, a modern cold storage system and a vapor heat treatment factory for fresh fruits. The packing house has been tested by US experts to supply fresh fruits to prominent export markets such as USA, Japan, Korea, Australia, New Zealand, Taiwan, and China. The company supplies fresh fruits, concentrated juices, frozen juices and dried fruits from dragon fruit, star apple, mango, durian, longan, grapefruit, jackfruit, orange, pineapple, rambutan, and more. CT Farm has registered with the United States Patent and Trademark Office, Reg. No. 5,673,205.
Mr. Doan Van Sang, President of CT Farm, stated: “We are pleased to work with PHI Group to access the U.S. capital market and long-term financing to in order to implement our growth plan and become a major player in the international market.”
That's a nice foundation you have for yourself.Well, from my reading here and elsewhere I decided to purchase a million shares of PHIL, cost me abut $5800 so I' up a few cents already. I also own substantial PLUG, lesser holdings of HYZR and WKHS (all 3 of these are down substantially from their 2021 highs though). I mentioned PLUG in the Stock Market thread a while back when it was at $4 and change. It went up to $75 and has now drifted down to $29 or so (2023 should make me rich, lol). Thanks for the good reading here.
Below is the spread sheet provided during PHIL's CC yesterday. It is the projections for 5 Grain growth over the next five years. If you're in PHIL you're likely familiar with the 5 Grain acquisition and details of the purchase was included in the latest 8K filing. This isn't some small company PHIL is acquiring. It's a top 500 Chinese company with at least 1.6B USD in registered capital.
At the bottom would be the applicable PPS if/when these targets are met. The ongoing buyback with yet to be retired shares also impacts future price. PHIL would own 70% of 5 Grain so it represent 70% of the below PPS estimates.
The CC from yesterday offering more more insight.
Well 70% of that as PHIL won't own 100%. So maybe $1.25. But other revenue will hit the books as well which isn't accounted for in that estimate. ADE, Vinafilms, ADE token, Kota, etc.Even a PPS of $2.14 would sure be swell, am I reading this correctly? They estimate PPS of over $2 from it's current $.004? Watching now.
Yeah the private brand seems interesting, I need to grab a bottle. Soy sauce scented vodka doesn't seem very palatable but who knows!Well 70% of that as PHIL won't own 100%. So maybe $1.25. But other revenue will hit the books as well which isn't accounted for in that estimate. ADE, Vinafilms, ADE token, Kota, etc.
On the CC we saw 5 Grain will be purchased in three installments with a close date in Sept for a total acquisition price of 100M USD. But it may be completed prior to that. 5 Grain will undergo a GAAP audit in the near future and when complete their financials will be reconciled with PHIL's. At that point Henry mentioned wanting to uplist to a larger exchange.
The exciting thing for me is PHIL's plans to roll out its own liquor brand using 5 Grain facilities. And that apparently is underway with positive reviews in China.
Even better is by the time this all really comes to fruition in the next 12-24 months we'll be paying capital gains taxes on profits instead of income tax.
Another CC next week and he's traveling to Turkey, Dubai and Europe to presumably close on the loans. International ADE press conference will be happening in a few months too I think.
At times I think, this is too good to be true. But I've done countless hours of research and keep going back to, what kind of projects, acquisitions and future revenues do you need under the hood to get three 1B+ deals totaling 5B in financing.
And it's acquisitions like 5 Grain which would give large lending institutions that confidence.