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Thursday's Stock to Watch: GDHI! July 10, 2008
Market Wire, July, 2008
Stock Market Alerts' performance stock list includes: Golden Dragon Holdings Incorporated (PINKSHEETS: GDHI), Google (NASDAQ: GOOG), PepsiCo, Inc. (NYSE: PEP), Del Monte Foods Company (NYSE: DLM).
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Having just announced that it has reached a distribution agreement with USA food giant Goya Foods, Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI), which began trading last week, should have investors watching the stock closely. Tuesday after the markets closed, the company, a distributor of US stable foods to China, issued a press release announcing that has signed a commercial shipping and logistic contract with CMA CGM Group.
This is additional great news for the company! The press release states that a world leader in container shipping, ranking first in France and third worldwide, CMA CGM has become an international operator serving maritime shipping routes around the world with door-to-door services that combine maritime shipping with rail, river and highway transport. This robust expansion was powered by a bold strategy and sustained capital spending. The Group has built its success on the strong values of quality, innovation, imagination and anticipation. It is an international giant, specializing in shipping and modern logistics, serving as a shipping agency and providing services in freight forwarding, shipbuilding, ship repairing, terminal operation, trade, financing, and IT.
"CMA is the best equipped and most respectable shipping company dealing in China today. Their reputation and professionalism is why we are honored to announce that they will represent GDHI in all its shipping and logistical transportation from the U.S. to China," states Mr. Cesar Cuenca, C.O.O. Golden Dragon Holdings, Inc.
In other important news this week, the company announced that it has reached a distribution agreement with USA food giant Goya Foods, Inc. to distribute the Goya products in China. Mr. Yglesias CEO stated, "Today marks a milestone in our corporate history as we have come to final agreement with Goya Foods to distribute their products in China. For nearly a century Goya, has been producing and distributing high quality food products, to the US and the Latin America markets. Goya was ranked amongst one of the USA's biggest companies by Forbes."
Goya Foods, founded in 1936, is a food and beverage manufacturer and distributor. Goya's products include more than 1,200 varieties of beans, rice, rice mixes, spices, frozen foods, olives, olive oils and packaged meals, totaling over 3,000 offerings under the Goya Foods label. More than 2,500 Goya employees worldwide, produce products that are available in supermarket chains throughout the United States.
Investors are urged to monitor the progress of Golden Dragon Holdings! On July 1st the company reported that its shares are publicly trading, and that the company is pursuing growth opportunities in the high demand of U.S. staple foods in China. According to that press release, China is now the 4th largest food importer in the world (after the EU, USA, and Japan), expected to be number 2 by 2020, and the 4th largest market for U.S. agricultural exports (after Canada, Mexico, and Japan).
Prior to the latest press release, the stock closed Wednesday at Fourteen cents a share.
For Stock Market Alerts' in-depth profile of Golden Dragon Holdings, visit http://www.wallstreetenews.com/HotStocks/GDHI070908/default.aspx .
Other Stocks of interest yesterday were:
Google (NASDAQ: GOOG) up 1.5% on 4.9 million shares traded. Google's innovative search technologies connect millions of people around the world with information every day.
PepsiCo, Inc. (NYSE: PEP) down 0.7% on 6.3 million shares traded. PepsiCo is one of the world's largest food and beverage companies, with 2007 annual revenues of more than $39 billion.
Del Monte Foods Company (NYSE: DLM) up 0.8% on 1.1 million shares traded. Del Monte Foods is one of the country's largest and most well known producers, distributors and marketers of premium quality, branded food and pet products for the U.S. retail market, generating more than $3.7 billion in net sales in fiscal 2008.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company". The company received compensation for services performed for Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI). The compensation is a total of five hundred thousand shares from third party, RR Investments LLC., who is non-affiliated and may hold a significant position in the stock. The company holds all of those shares, but intends to immediately begin selling shares as this report is being distributed. The company may receive additional shares for extension of its services, and any additional shares will be disclosed at such time that the company is aware of a clients desire to extend the original services. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent. The company may have received shares of a company profiled in this release prior to the dissemination of the information in this release. The company may immediately sell some or any shares in a profiled company held by the company and may have previously sold shares in a profiled company held by the company. The company's services for a company may cause the company's stock price to increase, in which event the company would make a profit when it sells its stock in a company. In addition, the company's selling of a company's stock may have a negative effect on the market price of the stock.