SGOC - SGOCO Group Ltd.
8 hours 33 minutes ago - BIZ via Comtex
SGOCO Group, Ltd. (NASDAQ: SGOC), (the "Company" or "SGOCO"), a company focused on building its own brands and retail distribution network in the Chinese flat panel display market, including monitors, TVs, and application specific products, today announced that it will issue its financial results for the first quarter ended March 31, 2011 on Tuesday, June 28, 2011 after the close of the stock market. SGOCO's management will host a conference call at 10:00 am ET on Wednesday, June 29, 2011 to discuss these results as well as recent corporate developments. After opening remarks, there will be a question and answer period. Interested parties may participate in the call by dialing (201) 493-6749. Please call in 10 minutes before the conference is scheduled to begin and ask for the SGOCO call. Questions may be asked during the live call, or alternatively, you may e-mail questions in advance to firstname.lastname@example.org.
The conference call will also be broadcast live over the Internet. To listen to the live call, please go to www.sgocogroup.com, click on the Investor Relations section, then to the Event Calendar where the conference call is posted. Please go to the website 15 minutes early to download and install any necessary audio software. If you are unable to listen live, the conference call will be archived and can be accessed for approximately 90 days. We suggest listeners use Microsoft Explorer as their browser.
45 days 11 hours 30 minutes ago - PR Newswire via Comtex
SGOCO Group, Ltd. ("SGOCO," or the "Company") (Nasdaq: SGOC), a company focused on building its own brands and retail distribution network in the Chinese flat panel display market, including LCD/LED monitors, TVs, and application specific products, today announced that the Company has received a letter from Nasdaq, notifying that the Company is no longer deficient in the Minimum Market Value of Publicly Held Shares (MVPHS) requirement as originally reported by the Company on February 3, 2012.
About SGOCO Group, Ltd.
SGOCO Group, Ltd. is focused on developing its own brands and distribution in the Chinese flat panel display market. Our main products are LCD/LED monitors, TVs, and other application specific products. Our target markets are Tier 3 and Tier 4 cities where we compete by providing high quality products at competitive prices.
3 days 8 hours 43 minutes ago - PR Newswire via Comtex
SGOCO Group, Ltd. (Nasdaq: SGOC), ("SGOCO" or the "Company") a company focused on product design, distribution and brand development in the Chinese flat-panel display market, today announced:
1. Annual Shareholders Meeting
The Company's annual shareholders meeting will be held on December 28, 2012, at 9:00 a.m. Beijing Time. The meeting will take place at the Company's Beijing office, located at Suite 1817, Beijing Silver Tower, Chaoyang District, Beijing, China.
The matters to be voted on at the meeting are set forth in the Company's Proxy Statement filed with the U.S. Securities and Exchange Commission on November 26, 2012. Shareholders of record on November 16, 2012 will be eligible to vote at this meeting.
2. Update on Growth Initiatives
The Company is transitioning to a "light-asset" business model. The Company is implementing several strategic initiatives that are expected to drive and contribute to its revenue and profit growth over the next 12-24 months:
1). Diversify Product Portfolio: SGOCO is expanding its existing flat-panel display product lines to include e-boards and smart phones. The Company is also in the stage of researching application specific products (ASPs) and integrated solution products.
2). Broaden Customer Base: SGOCO continues to expand into the US flat-panel display market through its US subsidiary, SGO Corp., in addition to its core Chinese domestic customer base.
3). Increase Brand Portfolio: SGOCO intends to further enhance its brand portfolio of five flat-panel display brands by signing licensing agreements with new brand owners.
4). Resource Optimization: SGOCO plans to continue its efforts to reduce costs and increase resource optimization to better serve customers and improve overall efficiency in the areas of management, sales, brand and product development. The change in the Company's business model from a "heavy asset" model to a "light asset" model is expected to shift the sales and distribution model from its current distributor-focus to a more diversified model including direct sales to the industry end-customers with its tailor-made ASP products. It is also anticipated the Company will change its sales and distribution team to meet its customers' evolving needs.
Mr. Burnette Or, Chairman and Chief Executive Officer of SGOCO, commented "We believe implementing the preceding initiatives - multi-products, multi-channels, multi-brands and resource optimization - will establish SGOCO as a leading innovator of flat-panel display products for years to come. We expect to build a new sales team focusing on higher-margin products, including ASP integrated-solution sales. We believe implementing the latest technological innovations and developing more sophisticated flat-panel display products will further increase our market recognition domestically and internationally. That should result in greater revenue and profit growth in 2013 and beyond."
3. New Staff Appointments
In addition, Mr. Or stated that "we are pleased to have appointed Ms. Serena Wu as our new Investor Relations Manager to enhance our communication with the investment community. In addition, we are equally pleased to have appointed Ms. Liang Cheng as our new Internal Control Manager to strengthen our overall internal controls over financial reporting. SGOCO strives to improve continuously the management of its business, and further enhance its public company functions."
I was just on this baby a couple days ago, entered at 1.30 & sold at 1.39 cause it was falling. Got upset when i saw it hit its high at 1.86.
what should I have considered before selling? What am I missing? I'm still a newby as you can probably tell..
My thoughts during this trade was.. protect your profits.. protect your profits..