Nexia Holdings Ltd (NXHD)
I have been watching a breakout play closely and yesterday it held key support. This gives me much more confidence to bring you this amazing opportunity today. I don`t often use such words like "amazing", but when you consider Nexia Holdings Limited (NXHD) is a very rare breed of company that has almost twice as much cash in the bank as the company is worth on the open market (market cap), such superlatives are very appropriate.
NXHD has a tiny market cap of just around $500k , yet it has $874k in cash (per its latest filing ).
We also love that NXHD is generating revenues and profits right now – something extremely rare for a OTC listed company. In its most recent quarterly report, NXHD reported revenue of $1,313,854 in the second quarter of 2014, an increase of $198,412 or 17.8% over the second quarter of 2013. For the six months ended June 30, 2014, revenue was reported to be $2,323,520, an increase of $79,133 or 3.5% over the first six months of 2013. Even better is that NXHD reported NET PROFIT of $238,241 for the 3 months ended June 2014, and a whopping $1.1 million NET PROFIT for the 6 months ended June 2014. If you can find any other company on the OTC market with such a tiny market cap generating these kinds of revenues and profits, I want to know about it. To say NXHD could be undervalued at its current price is an gross understatement.
But we are traders as well as investors, so its important to also look at the chart. And NXHD has an awesome chart setup.
NXHD recently broke through technical resistance at $0.01 before pulling back. Today it held support at $0.01 and we think it could continue to breakout, and this pullback may be an excellent opportunity to enter the trade.
Here is some key information about NXHD for you… Headquartered in Salt Lake City, Utah, NXHD is a diversified holdings company with operations in entertainment, health & beauty, and real estate. Through its subsidiaries, NXHD operates lifestyle salons that offer hair care and other salon services,such as makeup, skin care, and nail care. NXHD owns a majority interest in Green Endeavors, Inc., http://www.green-endeavors.com , which operates Landis Salons, Inc., Landis Salons II, Inc. and the Landis Experience Center, LLC, www.landissalon.com , hair salons and hair product retail outlets built around the world-class AVEDA (TM) product line. NXHD through Redline Entertainment, Inc. has acquired the rights to several independent films.
NXHD Film Production Business
NXHD has strong ties to Los Angeles, CA, the epicenter of the film community. It has developed local relationships in Utah, which give it access to talented crews and state incentives that can recoup as much as 25% of the total amount spent to make a film. Its business plan fills a niche market and the Company has already demonstrated it is capable of making films that are high quality for low cost.
In addition, the Company has entered several strategic relationships making its chance of success even more likely.
By investing in WG Productions Company, investors have several built in benefits, which increase the Company`s likelihood of success. First, the Company demonstrated with its previous titles that it can create high quality films for low cost. It has replicated this model consistently. Low costs limit an investor`s exposure and maximizes profitability.
Second, rather than investing in one film, the investor has an opportunity to recoup their investment from multiple films, each one potentially capable of paying the full principal and interest back. Third, the Company will receive 20-25% of its Utah expenditures back in the form of a tax incentive. This provides a huge cushion for investors to ensure they get payment of their interest and principal returned timely.
Landis Lifestyle Salons
Landis Salons offers services at two Aveda (TM) Landis Lifestyle Salons. At the Lifestyle Salons services are performed by a group of highly trained professionals who share an unparalleled passion for their craft, and who are dedicated to helping clients realize their fullest potential.
The salons feel a strong connection to environmental issues, and believe that environmental sustainability is the only responsible way of doing business. The Salt Lake salon is a member of the Salt Lake City Environmentally and Economically sustainable business program (e2), and is the only salon in Salt Lake with that distinction.
Both Landis Salons are Visionaries in the Rocky Mountain Power Blue Sky program (the highest level of participation possible). In 2013, our 50 blocks purchased for each salon supported a total of 120,000 kilowatt-hours of renewable energy. The benefit of our participation in 2013 is equivalent to 160,000 miles not driven or 1,762 trees planted.
The salons are partnered with Aveda (TM) because they share the Aveda (TM) passion for quality products and services that not only increase the beauty and renew the body and mind of its user, but protect the environment as well.
Aveda (TM) products are made from the finest plant and flower ingredients, most of them are 97% – 99% naturally derived. Nexia Real Estate NXHD has been acquiring undervalued properties in the greater Salt Lake City area since the early 1990`s.
Nexia Holdings` existing portfolio of properties includes an investment interest in the historic Wallace-Bennett Building (a 38,000 sq. ft. multi-story office building in downtown Salt Lake City), as well as ownership of a 7,000 sq. ft. one-story retail building and adjacent lot on State Street in Salt Lake City. The company also owns seven small parcels of undeveloped raw land in Utah and Kansas. Nexia`s subsidiary, Wasatch Capital Corp., has expanded its portfolio in the area of residential properties. Its residential interests include two residential properties in central Salt Lake. These residential properties were acquired through Nexia`s Real Estate Acquisition Strategy.
The company has focused their capital into under-performing properties, and through the repair and upgrade of those properties they hope to increase their value and cash flow potential. Their objective is to acquire properties that will need only limited improvements in order to increase their occupancy, improve cash flow, and enhance potential resale value.
From time to time NXHD will sell our properties when market conditions are favorable. Their goal is to maximize profits and not necessarily to be landlords. For more info on NXHD, visit their website at http://www.nexiaholdings.com/ We think NXHD tomorrow could reward traders big in the coming days and weeks. NXHD has a tiny market cap and small float , is generating revenues and profits right now , and is currently breaking out technically through major $0.01 resistance. NXHD is a real company doing real things and earning real revenues – right now. Combine that with its killer chart and we have a recipe for success.
Please, do your due diligence on NXHD right now and do not be late for the opening bell today or you could miss the absolute best trade setup we have seen for many weeks.
The Team www.PennyStockGeneral.com
Click Below to Join Our Social Media Networks
false false false
EN-AU X-NONE X-NONE