Good Evening,
Sometimes in the markets there are trades and there are investments. But this company is becoming popular due to it's revenue numbers as it trades on the OTC exchange. I’m going to let you in on a little secret for those novice traders in how I judge a good company from a not so good one. First go to any financial site like Etrade or Scottrade and look at DGHG fundamentals and recent news the information is all there.
The most important factor I look when investing is Book Value per share and DGHG's (bv) is now $2.15 via Scottrade.
So let's talk revenues here on DGHG. I've dugg through the financial report that ended in June 30th 2011 Here it is as follows and it’s impressive to read over.
2010 Financial Highlights
***Net earnings increased to $712,257 from $196,367, an increase of $515,890 or 262% from the period ended June 30, 2010.
***Gross margin was $2,972,988 for the six months ended June 30, 2011, compared to $982,955 for the same period in 2010, representing an increase of $1,990,033 or 202% over the previous year.
2011 Financial Highlights
***For the three months ended June 30, 2011 net earnings increased to $516,027 as compared to $132,052 for the three months ended June 30, 2010 representing an increase of $383,975 or 290% over the previous year.
***The Company reported revenues for the three months ended June 30, 2011 of $4,251,988 compared to $1,523,309 for the three months ended June 30, 2010 representing an increase of $2,728,679 or 179% over the previous year.
***Gross margin was approximately 30% percent for the six months ended June 30, 2011.
The revenues for an OTCQB company like DGHG is well above others in this market. The Company estimates that gross margins will steadily improve throughout 2011 with the scheduled completion of existing work projects and the addition of several more acquisitions contributing to estimated higher margins in line with its business plan.
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