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Agora Holdings Inc (OTCMKTS:AGHI) Making A Comeback

Agora Holdings Inc (OTCMKTS:AGHI) Making A Comeback
Written by
Alex Carlson
Published on
September 15, 2016
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Agora Holdings Inc (OTCMKTS:AGHI) spent the entire summer trading around the $.10 support level. The company was quiet on the news front and many shareholders were taking a wait and see approach. Then, things kicked off this week as some promo newsletters recommended AGHI again and the company finally launched its FRAME social media app. Could this be the start of another bull run for AGHI?First up, a little background on the company. Agora Holdings, Inc., together with its subsidiary Geegle Media and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, TV, studio entertainment, consumer products and interactive media.The latest news from the company is that its FRAME social media app is being released to the public. The new app is designed as an organizational tool for the management of popular social media and subscription-based accounts. 1000 users from universities and colleges in Toronto will be the first to use the app.

FRAME operates as a single hub through which the user can easily log into and simultaneously manage multiple social media accounts. The application works by consolidating users' accounts into one secure, accessible location. From the FRAME dashboard, users can post their content on all of their social media networks at once, or select certain accounts to which they wish to post.

The unique design also allows users to view news feeds and content from each of their social media networks without separately logging into each one. For mutual FRAME users, posts will appear first in FRAME, and then on the users' other accounts. FRAME will be available for free at the Google App store for both Android and iOS.

Agora Holdings has also completed its audit for fiscal years ended 2014 and 2015 and is now moving further in its aim to become a fully reporting issuer and QB designated company. The company has hired Bart and Associates to commence the preparation of a Form 10 Registration Statement as well as ongoing quarterly and annual reports and 8-K filings on behalf of Agora.

The latest round of promo emails were quite bullish on the company. The latest said:

AGHI is on the cusp of uplisting to the top tier of the OTC and with that comes a huge opportunity for traders to capitalize on its upside over the short term. AGHI has set an enviable track record, too. In the past it’s delivered a whopping 243% over just 8 days. In a major follow-up AGHI delivered a mammoth 390%. With this kind of track record one would have to be terrified of profits to pass this one by. Right now AGHI is trading at around 0.11—a whopping 558% below its 12-month high of 0.79. AGHI is also trading below its 50 DMA and has an RSI of 50. This is an alluring opportunity with uptrending credentials and I believe you can make something of that over the short term. Consider also that AGHI is pushing major weight in the digital streaming sector. This is a sector that has seen massive M&A activity and who can forget Google’s $1.65B buyout of YouTube. Remember Microsoft’s $8.5B buyout of Skype? What about Facebook’s $19.1B buyout of WhatsApp? The precedence for huge buyouts in the digital media space is there for all to see and AGHI is positioning itself handsomely to take advantage of any potential approach. But don’t wait to take a look at this undervalued gem. The time to move is now.

Currently trading with a market cap of $20 million, AGHI looks to be on the comeback trail. We like the chart on AGHI and what can't go lower, must go higher. We will be watching this one closely. For the latest updates on AGHI, sign up below!Disclosure: We have no position in AGHI and have not been compensated for this article.

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