CORAL GABLES, FL/ ACCESSWIRE / December 31,2018 / 2018 has been wild for the stock market, with some of the most volatile years for trading in history. As sectors across all industries in the space begin to wind down, this week's investors are being presented with several stocks providing volatile upswings just before the new year. With 2019 a few breaths away, Premier Health Group (PHGRF) (PHGI), China Ceramics Co Ltd (CCCL), China Recycling Energy Corporation Common Stock (CREG), and Globalstar, Inc (NYSE American: GSAT) are presenting investors with potential opportunities just in time for the new year.
Premier Health Group (PHGRF) (PHGI) has enjoyed a strong month of bullish trading following momentum gained from several key announcements that have proved exciting for investors in the healthcare industry. Shares of the Company have soared over 30% during the course of the last four weeks, with shares trading at $0.67 per share in midday trading on Monday.
In recent news, Premier Health Group (PHGRF) (PHGI) has been focusing on developing and implementing a strategic growth model with announcements that continue to build interest. Earlier this month, the Company announced it had signed a binding Letter of Intent agreement to acquire all outstanding securities of Cloud Practice Inc. According to the announcement, Premier will acquire key products from Cloud's portfolio, including Juno EMR, a cloud-based EMR solution which is currently used by 287 clinics, over 3,000 licensed practitioners, 1,500 staff and 2.8 million registered patients.
In addition to their announcement regarding Cloud Practice, the Company signed another binding LOI to acquire a Vancouver-based pharmacy.
Dr. EssamHamza , CEO of Premier Health, said: "We are ecstatic at the opportunity to build on our patient-centric technology platform through the integration of Cloud Practice's suite of software solutions. They have a strong team of developers who are just as enthusiastic as we are about the future of healthcare. We believe that this partnership will help facilitate our vision of integrating telemedicine, online booking, and other premium services with our electronic medical record (EMR) system."
China Ceramics Co., Ltd (CCCL), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring in residential/commercial buildings, announced, at the tail-end of November, its pricing of a "best efforts" public offering of the Company's common shares and warrants with the expected total gross proceeds of $1.27 million. According to their announcement, the offering was set to close in early December 2018, subject to satisfaction of customary closing conditions.
China Ceramics plans to use the net proceeds from the offering to fund inventory, distribution expenses, vendor obligations outside of the PRC, as well as for general corporate and working capital purposes.
China Recycling Energy Corp (CREG) saw its shares jump 25.58% to $0.84 per share in midday trading on Monday. Back in September, the leading industrial waste-to-energy solution provider in China announced that Shanghai TCH Energy Technology Co., Ltd, its wholly owned subsidiary, entered into a Letter of Intention (LOI) with a shareholder of Xi'an Xinhuan Energy Co., Ltd to acquire 20% ownership of Xinhuan by issuing new shares of the Company.
At the time of the announcement, Mr. Ku, Chairman of the Board of Directors of China Recycling Energy commented:
"We are excited about the opportunity to acquire ownership of Xinhuan, which is an important step for our energy storage business. With the driving force of market demand and policy support in China, the energy storage industry will have a large probability of explosive growth and provide exciting development of this business. For the energy storage business in China, Xinhuan has taken the lead by investing and constructing several power storage projects. It's standardized, fast, low cost, high safetyand flexible energy storage solutions are bound to attract more and more business and investment opportunities.
Globalstar, Inc (GSAT), a leading provider of mobile satellite voice and data services for businesses, and government entities saw its shares climb 14.02% in midday trading on Monday, t $0.59 per share. The Company's recent gains may be a result of momentum garnered from an announcement earlier this month that it had completed the sale of its previously announced public offering of 171,428,571 shares of its voting common stock. The aggregate net proceeds to Globalstar from the offering are approximately $58.9 million, after deducting underwriting costs, and commissions/other related expenses.
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