Good Evening Traders,
DGHG: Book Value per share is $2.33 via Scottrade. Go do more research on this company it could be headed higher. This could be the start of bigger things to come. Read On!
DGHG could be the next OTCQB stock to uplist to the NASDAQ with the revenues this company is generating. It sure is possible for an uplisting if they continue to grow at the rate they have. Let's take a look at their earnings report for 2010.
(1) At the end of April DGHG reported 2010 Earnings: Record Revenues of $45,770,645 or $ .06 Per Share on $4,953,669 earnings over previous year. .
(2) Gross margin was $8,744,317 for the 2010 fiscal year compared to $430,361 for the same period in 2009.
(3) For the year ended December 31, 2010, revenues increased to $45,770,645 from $1,217,560, an increase of $44,553,085 from the prior year ended December 31, 2009.
(4) Gross margin was $8,744,317 for the year ended December 31, 2010, compared to $430,361 for the same period in 2009, representing an increase of $8,313,956 over the previous year.
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From today's news: Diversified Global Holdings Group Enters Final Phase for Completion of $50 Million Dollar World Class Sports Complex - http://www.diversifiedglobalholdings.com/press-release-details/items/diversified-global-holdings-group-enters-final-phase-for-completion-of-50-million-dollar-world-class-sports-complex.html
We wanted to look at this and highlight what this means exactly for DGHG.
According to Jones Lang LaSalle, real estate investments in Russia are expected to increase 60% in 2011. We anticipate this land to increase significantly in value due to the construction of these planned projects, as well as, the massive infrastructure currently being completed in the surrounding areas.

KAZANSUMMIT 2011
To facilitate the promotion of economic and financial relationships between the participants of businesses based on Islamic principles.
2012 Asia-Pacific Economic Cooperation summit
The Russky Island in the Far East of Russia will be developed as a special economic zone to promote tourism after it hosts the 2012 Asia-Pacific Economic Cooperation summit, Prime Minister Vladimir Putin said Wednesday and that the government would not cut the 202 billion rubles ($6.9 billion) in federal money allotted for APEC-related construction. Preparations for the summit have turned Russky Island into the country's second-biggest construction project, following work for the 2014 Sochi Olympics. The single largest construction project for the summit is a 3.1-kilometer bridge connecting Russky, with the Primorye region capital of Vladivostok.
2013 Universiade
Russia will host the 2013 Universiade games in Kazan, a world collegiate sports competition. The games will bring publicity to a progressive Russia the world has not seen since 1980. The government committed approximately $16.5 billion for development, expansion, and hosting of the games. Universidad or the World Student Games are the second-largest international sports event after the Olympics. This event will attract much attention of foreign investors as many sport objects are supposed to be built.
Additional costs include:
1. Tourist infrastructure — $2.6 billion;
2. Olympic venues — $500 million;
2. Transport infrastructure — $270 million;
3. Power supply infrastructure — $100 million.
4. Telecommunications - $580 million.
2014 Winter Olympics in Sochi
Russia will host the 2014 Winter Olympics in Sochi. This will be the first time that the Russian Federation will host the Winter Olympics; previously the Soviet Union hosted the 1980 Summer Games in Moscow.
2015 FINA World Aquatics Championships
Kazan is one of five bidding countries for the World Championships for aquatic sports. This competition will host no less than 2,500 athletes from more than 180 nations and the number of participants is increasing from year to year. If Kazan wins, we expect to receive in 2015 or 2017 nearly 3,000 top swimmers from all over the world. The Aquatics Championships have never been held in Russia. The right to stage such an event in Kazan will boost aquatics development in the capital of Tatarstan, in the whole Republic and all over Russia. According to the FINA official presentation, the 16th World Aquatics Championship is expected to be held during the period of July 17 to August 2, 2015. The 2017 World Aquatics Championship’s schedule is similar — second half of July, 2017. Speaking about Kazan’s readiness to host the World Championship, Vladimir Leonov stated that due to Kazan’s preparations for the 2013 Summer Universiade, there were 25 sports venues already constructed and by 2013 the number of facilities would reach 64, including aquatics venues.
2016 World Chess Olympiad
Kazan intends to apply to hold the World Chess Olympiad in 2016. Kazan is considered to be a sports capital of Russia – and a city with a rich chess tradition. The Government of the Republic of Tatarstan took great interest in implementing a new chess training facility and offered the land in the historic center of the city. The 25 floor Chess Academy will have the opportunity to hold tournaments with the most advanced internet technologies, allowing players to compete even when they are in different places around the world. In order to comfortably accommodate participants during the tournaments, it was decided to combine the Academy with a world-class hotel complex. In 2011 the FIDE President, Kirsan Ilyumzhinov, met with the previous President of Republic of Tatarstan, Senior Advisor to FIDE President Mintimer Shaimiev, the Mayor of Kazan city Ilsur Metshin and many other official guests to discuss this important event.
2017 FINA World Aquatics Championships
Kazan, Russia is one of five bidding countries for the World Championships for aquatic sports: diving, swimming, open water swimming, synchronized swimming and water polo. They are run by FINA, and the pool swimming events are contested in a 50 m, or "long course", pool. The event was first held in 1973 and is now held every two years. The 2015 Worlds host will be selected during the 2011 Worlds. Bidding federations that attended a meeting for federations interested in hosting the 2015 World Aquatics Championships were Hungary (Budapest), Hong Kong (Hong Kong), South Korea (Seoul), Morocco (Marrakesh), and Russia (Kazan). An average of 2,000 athletes from 160 nations usually participate and the total attendance for the 2007 championships was more than 215,000.
http://www.fina.org/
2018 FIFA World Cup
Russia will host the FIFA world Cup in 2018 which the government is ready to spend some $10 billion on the tournament. The exact city has yet to be determined but Russia plans to have five stadiums fit to host World Cup 80,000 capacity ready by 2013 – two in Moscow and one stadium each in St. Petersburg, Kazan and Sochi.
It is reported in a Bloomberg article that Russia has had commit to the construction of 13 new stadiums and the renovation of three more at a projected cost of $3.8 billion, and an operating budget of $641 million for 2017-2018. Russia has also pledged to make “major upgrades and capacity increases” at most airports serving the 13 proposed host cities. “We have a lot do to — stadiums, airports, roads,” Russian Prime Minister Vladimir Putin is reported as saying.
The Republic of Tatarstan offers:
i. loans from its budget,
ii. reimburses a portion of loan interest,
iii. ensures government guarantees for high-priority investment projects,
iv. provides preferential tax treatment,
v. offers government participation in project implementation through co-financing and grants.
Tax benefits are provided for investors in the form of :
vi. an income tax rate reduction to 13.5% for tax due to the budget of Tatarstan
vii. a tax rate reduction to 0.1% for property that has been newly constructed or acquired for investment project purposes in accordance with agreements on investment activity.
viii. The republic has had in place a mechanism for a number of years under which a portion of both interest on bank loans for investment project purposes and coupon income payments on bonds issued for specific investment projects are compensated.
There are two state-run not-for-profit organizations:
ix. the Investment and Venture Fund of the Republic of Tatarstan
x. the Stabilisation Pledge and Insurance Fund of the Republic of Tatarstan
1. aim is to make investment resources affordable by offering co-financing with banks and private and non-government investors, thus facilitating investment activity in the republic.
Russian law provides that federal budgetary funds can be allocated on a repayable basis to high-performance commercial investment projects that have been selected by tender, or on the condition that the state will hold a stake in newly established joint-stock companies, or by granting state guarantees to compensate part of an investor’s losses if an investment project has failed through no fault of the investor’s own. Russian government guarantees are granted within the limits set for this purpose in the regular federal annual budget. Under the Russian Budgetary Code, as a Russian federal constituent region the Republic of Tatarstan may also grant government guarantees for priority investment projects.
1. Investment entities that have entered into a contract with an authorized agency of the Republic of Tatarstan Cabinet of Ministers are exempt from federal taxes payable to the budget of the republic as well as from regional taxes, in accordance with the Russian laws on taxes and duties.
2. Tax privileges are granted to entities for the pay-back period of the investment project, but not longer than seven years from the moment when the investment project began. Entities engaging in investment activity in the machine-building/engineering industry can be granted tax privileges for a period of up to thirteen years from the moment when the investment project began.
3. Tatarstan’s State Council can grant certain categories of taxpayers a privilege in the form of a reduced tax rate. The reduced rate should be at least 13.5%.
For more information, visit Diversified Global Holdings Inc.
Once this data begins to generate further out into Wall Street and revenues continue to grow. $1.38 a share would have been a good buy during the month of June 2011.