WLG Inc. (WLGI) news stock charts
WLG Inc. (WLGI/WLGI.OB) Investment Summary:
WLG, Inc., through its subsidiaries, provides air and ocean freight forwarding, contract logistics, customs brokerage, and other supply chain management services. The company coordinates the storage of raw materials, supplies, components, and finished goods and arranges their shipment by air, sea, river, rail, and road from and to production and trading locations. Its supply chain logistics services include warehousing, freight forwarding, and customs brokerage services. The company also offers value added services, such as distribution, warehousing, and pick and pack for direct shipments to retail stores; preparation of goods for sale in stores, such as placing garments on hangars; packagin...www.wakogroup.com
342 Employees
Founded in 1982
WLG INC (WLGI:OTC Bulletin Board Market)
LAST $0.16 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/8/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of WLG INC (WLGI)
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OPEN
$0.16
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PREVIOUS CLOSE
$0.16
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DAY HIGH
$0.16
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DAY LOW
$0.16
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52 WEEK HIGH
03/23/09 - $0.40
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52 WEEK LOW
03/4/10 - $0.15
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MARKET CAP
5.0M
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AVERAGE VOLUME 10 D
800.0
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EPS TTM
$-0.07
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SHARES OUTSTANDING
31.4M
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WLGI Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for WLG INC (WLGI)
Remo N. Picchietti Resigns WLG Inc. as Executive Vice President and Member of Board of Directors
02/19/2010
Effective February 19, 2010, Remo N. Picchietti resigned as Executive Vice President and as a member of WLG Inc.'s board of directors.
WLG Inc. Announces Resignation of Paul Pomroy as Director
02/4/2009
On January 12, 2009 WLG Inc. received notification that Paul Pomroy tendered his resignation as a director of the Company, to be effective immediately. Mr. Pomroy served as a director of the Company since January 28, 2003, but did not serve on any Board Committees. Pomroy is the Managing Director of Asean Cargo Services Pty Limited.
WLG Inc. Reports Earnings Results for the First Six Month Ended June 30, 2008
08/18/2008
WLG Inc. reported earnings results for the first six month ended June 30, 2008. Revenues were $112 million for the first half of 2008, compared to $61 million for the same period in 2007 for an increase of 83%. In the first six months of 2008, EBITDA rose to $1.54 million, compared to an EBITDA of $1.23 million for the same period last year. Much of the growth in revenues in 2008 over 2007 is attributable to the acquisition of World Commerce Services LLC completed by WLG in August 2007. Net income applicable to common stock was $217,000 against $314,000 for the earlier year.
WLG Inc. financial resources
WLGI Competitors
| Company | Last | Change | |
| No competitor information is available for WLGI. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | WLGI | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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WLGI |
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WLGI transactions
| Type Date |
Target |
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Merger/Acquisition
February 19, 2010 |
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Merger/Acquisition
February 8, 2010 |
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More Recent Financial News About WLG Inc.
WLG INC Files SEC form 8-K, Change in Directors or Principal Officers
2010-03-05 03:22:15
Quote: Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Effective March 1, 2010, WLG's board of directors appointed Mr. Andrew
Jillings to become the Chief Executive Officer of WLG Inc. ("WLG").
Prior to joining WLG, Mr. Jillings served as the Chief Executive Officer of DB
Schenker's China operations and before that he was the head of BAX Global in
North East Asia. DB Schenker is a large, multinational freight forwarding and
l...Read article
WLG INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or
2010-03-01 08:43:01
Quote: Item 1.01 Entry into a Material Definitive Agreement.
(a) On February 24, 2010, World Commerce Services LLC ("WCS") and WLG (USA) LLC
("WLG (USA)") (collectively, the "Borrowers") each a wholly-owned subsidiary of
WLG Inc. ("WLG"),entered into a Loan and Security Agreement with NOVA Business
Credit, a division of NOVA Bank ("Lender"), pursuant to which Lender agreed to
provide a revolving loan facility ("Revolving Facility") to the Bor...Read article
WLG INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events
2010-02-22 01:58:50
Quote: Wood, neither Remo
Picchietti nor the Trust retained any shares of common stock of WLG.
This Current Report on Form 8-K may contain, among other things, certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including, without limitation, statements with
respect to the Company's plans, objectives, expectations and intentions and
other statements identified by words such as may, could, would, should,
believes, expects, anticipates, estimates...Read article
WLG INC Files SEC form 8-K, Changes in Control or Registrant
2010-02-15 03:04:26
Quote: Christopher Wood, the Chief Executive Officer,
controlling shareholder and a director of WLG Inc. (the "Company", or "WLG")
sold 8,000,000 shares of WLG common stock owned by him to Jumbo Glory Limited
("Jumbo Glory"), at a price of $0.25 per share in a private transaction (the
"Initial Sale"), pursuant to the terms of a Stock Purchase Agreement dated
February 8, 2010 between Mr. Wood and Jumbo Glory (the "Stock Purchase
Agreement").
The Stock Pu...Read article
WLG INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
2009-11-28 00:55:24
Quote: Item 1.01 Entry into a Material Definitive Agreement.
WLG Inc. (the "Company") entered into an employment agreement (the "Employment
Agreement"), effective January 1, 2009 with Christopher Wood, the Company's
Chief Executive Officer and director.Pursuant to the Employment Agreement,
Mr. Wood will continue to serve as the Company's Chief Executive Officer for an
initial term of five years, and such term shall be automatically extended for
successive one year terms, unless ear...Read article
WLG INC Files SEC form 8-K, Change in Directors or Principal Officers
2009-11-28 00:55:24
Quote: Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(b) On January 12, 2009 WLG Inc. (the "Company") received notification that Paul
Pomroy tendered his resignation as a director of the Company, to be effective
immediately. Mr. Pomroy served as a director of the Company since January 28,
2003, but did not serve on any Board Committees. There were no disagreements
with the Company ...Read article
WLG INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
2009-11-28 00:55:24
Quote: Description
99.1Press Release issued by WLG Inc. on November 17, 2008.
This Current Report on Form 8-K may contain, among other things, certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including, without limitation, statements with
respect to the Company's plans, objectives, expectations and intentions and
other statements identified by words such as may, could, would, should,
believes, expects, anticipates, estimates, intends, plans...Read article
WLG INC Files SEC form 10-Q, Quarterly Report
2009-11-28 00:55:24
Quote: Management's Discussion and Analysis of Financial Condition and Results
of Operations
General
WLG Inc. ("WLG," the "Company," or the "Group") is an international, non-asset
based logistics company that provides air and ocean freight forwarding, contract
logistics, customs brokerage and other supply chain management services to its
customers from its offices in Hong Kong, the Peoples Republic of China ("PRC" or
"China"), Australia, United Sta...Read article
WLG INC Files SEC form 10-Q, Quarterly Report
2009-11-28 00:55:23
Quote: Management's Discussion and Analysis of Financial Condition and Results
of Operations
General
WLG Inc. ("WLG," the "Company," or the "Group") is an international, non-asset
based logistics company that provides air and ocean freight forwarding, contract
logistics, customs brokerage and other supply chain management services to its
customers from its offices in Hong Kong, the People's Republic of China ("PRC"
or "China"), Australia, the Unite...Read article
WLG INC Files SEC form 10-Q, Quarterly Report
2009-11-28 00:55:23
Quote: Management's Discussion and Analysis of Financial Condition and Results
of Operations
General
WLG Inc. ("WLG," the "Company," or the "Group") is an international, non-asset
based logistics company that provides air and ocean freight forwarding, contract
logistics, customs brokerage and other supply chain management services to its
customers from its offices in Hong Kong, the People's Republic of China ("PRC"
or "China"), Australia, the Unite...Read article
WLG INC Files SEC form 10-Q, Quarterly Report
2009-11-28 00:55:23
Quote: Management's Discussion and Analysis of Financial Condition and Results
of Operations
General
WLG Inc. ("WLG," the "Company," or the "Group") is an international, non-asset
based logistics company that provides air and ocean freight forwarding, contract
logistics, customs brokerage and other supply chain management services to its
customers from its offices in Hong Kong, the People's Republic of China ("PRC"
or "China"), Australia, the Unite...Read article
WLG INC Files SEC form 10-K, Annual Report
2009-11-28 00:55:23
Quote: Many of the uncertainties and
contingencies may affect events and could cause our actual results to differ
materially from those expressed in any forward-looking statements made by, or on
our behalf.
Overview
WLG is an international, non-asset based logistics company that provides air and
ocean freight forwarding, contract logistics, customs clearances and other
supply chain management services, throughout the world, from its offices in Hong
Kong, the PRC, Australia, the United Kingdom and the...Read article
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