Agora Holdings Inc (OTCMKTS:AGHI) is a micro-cap company that is devoted to purchasing brands and leading them through their developmental high-growth periods. The sole brand that Agora currently owns is Geegle Media, which is mainly focused on software development and media applications. The first industry Geegle Media operates in is the software development industry, yet in this case, Geegle is only interested in the development of entertainment related software. This translates to Geegle creating software platforms for its clients to use a means of creating, sharing, or viewing digital media. Global retail sales of entertainment related software are currently projected to reach $101.5 billion by 2019, which is indicative of Geegle doing business in a rapidly expanding industry.
Geegle’s second focus as a company is on media applications, such as video on demand services. Geegle’s video streaming venture, geegle.tv, is the company’s attempt to gain market share in the online video streaming market. A recently published report revealed that revenue from digital video and digital music within the United States is expected to grow from $9.8 billion in 2016 to $13.7 billion by 2020. Geegle is attempting to establish itself as a household brand name within two industries that are projected to experience steady growth in the coming years, and Agora Holdings will reap the benefits of these efforts.
Two recent headlines surrounding Agora Holdings Inc (OTCMKTS:AGHI)‘s wholly owned subsidiary Geegle Media highlight the company’s increasing efforts to increase its foothold in the digital realm. First, on February 29th, Geegle and its parent company Agora Holdings unveiled its newly updated enterprise software platform called FRAME. FRAME unites all of a company’s social media accounts into one single dashboard, enabling a more efficient method of creating social media campaigns.
In addition, FRAME also provides updated reports of how impactful each account has been, by providing statistics pertaining to the respective social media platform. Geegle Media’s Dan Terziev shared his thoughts regarding FRAME’s update, “The concept of a built-in analytics system with the option to schedule posts is not new. What IS new is our concept of delivering this platform without the usual problems associated with competitor systems.” More recently, on March 14th, Geegle published a press release hinting at the release of a new software platform. Terziev also spoke with regards to the forthcoming social media efficiency optimizing software, “We’re very excited about introducing this new platform to the Internet community. Notably, we will be using it ourselves to further our own branding and marketing initiatives as well.”
Agora Holdings’ recent stock performance is indicative of the optimistic news pertaining to both the company’s subsidiary Geegle Media, and the industries in which it operates. On March 30th, Agora’s stock experienced a daily low point of $0.18, yet on April 7nd the price climbed to levels as high as $0.2599. Over the span of six trading days, the company’s stock price increased 44.39%, establishing its ability to produce returns on a near weekly basis. For investors with shorter holding horizons, Agora’s recent trading activity highlights the stock’s ability to produce daily returns.
For example, on April 11th Agora’s stock opened the trading session at $0.20, yet it rose over 10% throughout the day and closed at $0.2201. For investor’s looking to purchase a security that has the potential to deliver returns over various time-frames, Agora Holdings, Inc. is a company with a proven trading history that operates within two rapidly growing industries.