Q2
10 dage siden‧37 min
0,15 USD/aktie
Seneste udbytte
0,82 %
Direkte afkast
Ordredybde
Antal
Køb
0
Sælg
Antal
0
Seneste handel
| Tid | Pris | Antal | Købere | Sælgere |
|---|---|---|---|---|
| - | - | - | - |
Højest
79,01VWAP
Lavest
73,12OmsætningAntal
18,4 571.992
VWAP
Højest
79,01Lavest
73,12OmsætningAntal
18,4 571.992
Mæglerstatistik
Ingen data fundet
Corporate Actions
| Næste begivenhed | |
|---|---|
Finanskalender er ikke tilgængelig | |
| Tidligere begivenheder | ||
|---|---|---|
| 2025 Q2 | 7. aug. | |
| 2025 Q1 | 8. maj | |
| 2024 Årsregnskab | 28. feb. | |
| 2024 Q4 | 27. feb. | |
| 2024 Generalforsamling | 3. dec. 2024 |
Data hentes fra Morningstar, Quartr
Andre har kigget på
Shareville
Deltag i samtalen med SharevilleBliv en del af vores forum for investorer. Følg andre, og diskuter aktier og fonde.
Log ind
14. jul.·Det her har luret længe...nu hvor kursen endda er sat lidt ned i tempo. Men igen 🆙️🆙️🆙️i hvert fald håber jeg det 🫡
15. jun. 2023·gennemsnitsrate 6,87 og klatring.15. jun. 2023·Raportin lopusta jäi tämä pois: Indledende offentliggørelse: Efter omfattende undersøgelser har vi taget en shortposition i aktier i Tecnoglass, Inc. Denne rapport repræsenterer vores mening, og vi opfordrer enhver læser til at gøre deres egen due diligence. Se venligst vores fulde ansvarsfraskrivelse nederst i rapporten.
31. jan. 2022 · Redigeret31. jan. 2022 · Redigerethttps://hindenburgresearch.com/tecnoglass/ Tecnoglass: Cocaine Cartel Connections, Undisclosed Family Deals, And Accounting Irregularities All In One Nasdaq SPAC (NASDAQ:TGLS)Tecnoglass is a Colombia-based producer of glass for residential and commercial buildings founded in 1984 by two brothers, Jose Daes and Christian Daes, who currently both serve as directors and CEO & COO, respectively. The stock has surged ~390% this year on record results fueled by a pandemic real estate boom in Florida, the company’s key market. Recently, U.S. census data shows that new residential building permits have peaked, signaling a fundamental headwind going forward. Our months-long investigation has included review of US and Colombian court records, securities filings, corporate registrations, property records, export records and media reports going back decades. We have identified serious red flags regarding management and numerous undisclosed related party transactions that call the company’s reported financial results into question. In 1996, U.S. criminal prosecutors filed charges against Jose and Christian Daes, the current CEO & COO of Tecnoglass, alleging the two served as “managers and operators” of the Cali cartel, helping smuggle weapons and more than 200 tons of cocaine, and laundered money. Warrants were issued for CEO Jose Daes’ arrest and he was declared a fugitive. In 1999, Tecnoglass’ current CEO Jose Daes was imprisoned in Colombia over separate allegations of illicit enrichment after prosecutors found checks paid to a Tecnoglass subsidiary by front companies controlled by the head of the Cali cartel. The charges against the two were later dismissed or disposed of in a mostly sealed court docket, leading to local media speculation that the sealing may have been to protect those who cooperated in the prosecution of other defendants. In 2004, Tecnoglass’ current CEO Jose Daes was shot in the head and neck during a botched assassination attempt, later attributed to a right-wing paramilitary warlord who believed Daes was taking too many corrupt contracts from the local mayor. Following the crackdown on the Cali cartel, family members of individuals responsible for laundering money for a successor cocaine trafficking cartel known for its death squad appear as key early shareholders in Tecnoglass and the Daes’ related manufacturing business. They remained shareholders as recently as 2020. Around 2012-2013, Tecnoglass’ CEO & COO came under scrutiny by Colombian regulators over allegations they set up 359 corporate shell entities as part of a scheme to rig local Chamber of Commerce Elections. Authorities later ruled that Tecnoglass’ corporate structure was opaque and fined the Daes brothers. In December 2013, Tecnoglass went public via a SPAC, cycling through 3 auditors within roughly a 1-year span. Auditors specifically flagged material weaknesses relating to identification and reconciliation of related party transactions. Tecnoglass’ largest customer from 2013-2016, a company called GM&P, accounted for 26% of sales in 2016 alone. The CFO of the ‘independent’ customer is a cousin of Tecnoglass’ CEO & COO, per public records. We found no disclosure of the familial relationship. A subsidiary of this supposedly independent customer was managed by the nephews of the CEO & COO of Tecnoglass via an entity based out of Tecnoglass’ address. The nephews were, and still are, both senior employees of Tecnoglass. The customer, GM&P, was later acquired by Tecnoglass in 2017, along with a 60% stake in the subsidiary. No mention was made of any of the familial or related party links in Tecnoglass’ filings. Tecnoglass still hasn’t disclosed who owns the other 40% of the subsidiary entity. Export records show Tecnoglass’ shipments to the subsidiary entity have exploded in 2021 to $76 million compared to ~$1.5 million in 2020. From 2016-2018, export records show Tecnoglass exported product to what appears to be another shell entity called “Window Design And Installation LLC”. The supposed glass/construction entity had no obvious signs of operations, is managed by the nephews of Tecnoglass’ CEO & COO, and is based out of a residence owned by the CEO & COO’s sister. 2015-2021: Export records show that Tecnoglass exported product to yet another supposedly independent customer called “Glass Studio Group LLC”, which also has undisclosed related party links to the CEO & COO’s nephews. In 2019, Tecnoglass acquired a 70% stake in entity “ES Metals” from the CEO & COO’s children, with no disclosure of the relationship. Evidence shows the stake was acquired through an entity originally formed as part of the alleged Chamber of Commerce election rigging scandal. Beyond signs of undisclosed related-party customers, we found parallel issues with capital expenditures. The Daes brothers own a related party construction company that has played a significant and under-disclosed role in the construction of the company’s numerous facilities and expansions in Colombia, representing at least $24 million in building contracts. Given the above, we strongly suspect Tecnoglass has faked a significant portion of its revenue. The company has consistently had a difficult time collecting revenue, with its Days Sales Outstanding (DSO) nearly 2x peers. All told, we have no faith in the company’s financials given management’s background and the irregularities we have uncovered.
Kommentarerne ovenfor kommer fra Nordnets sociale netværk Shareville og er ikke blevet redigeret eller gennemgået af Nordnet. Det betyder ikke, at Nordnet giver investeringsrådgivning eller investeringsanbefalinger. Nordnet påtager sig ikke noget ansvar for kommentarerne.
Nyheder og Analyser
Der er i øjeblikket ingen nyheder
Nyheder og/eller generelle investeringsanbefalinger eller et uddrag af disse på denne side og i relaterede links er produceret og leveret af den angivne leverandør. Nordnet har ikke deltaget i udarbejdelsen af materialet, og vi har ikke gennemgået eller foretaget ændringer i materialet. Læs mere om investeringsanbefalinger.
Q2
10 dage siden‧37 min
0,15 USD/aktie
Seneste udbytte
0,82 %
Direkte afkast
Nyheder og Analyser
Der er i øjeblikket ingen nyheder
Nyheder og/eller generelle investeringsanbefalinger eller et uddrag af disse på denne side og i relaterede links er produceret og leveret af den angivne leverandør. Nordnet har ikke deltaget i udarbejdelsen af materialet, og vi har ikke gennemgået eller foretaget ændringer i materialet. Læs mere om investeringsanbefalinger.
Shareville
Deltag i samtalen med SharevilleBliv en del af vores forum for investorer. Følg andre, og diskuter aktier og fonde.
Log ind
- 14. jul.·Det her har luret længe...nu hvor kursen endda er sat lidt ned i tempo. Men igen 🆙️🆙️🆙️i hvert fald håber jeg det 🫡
- 15. jun. 2023·gennemsnitsrate 6,87 og klatring.15. jun. 2023·Raportin lopusta jäi tämä pois: Indledende offentliggørelse: Efter omfattende undersøgelser har vi taget en shortposition i aktier i Tecnoglass, Inc. Denne rapport repræsenterer vores mening, og vi opfordrer enhver læser til at gøre deres egen due diligence. Se venligst vores fulde ansvarsfraskrivelse nederst i rapporten.
- 31. jan. 2022 · Redigeret31. jan. 2022 · Redigerethttps://hindenburgresearch.com/tecnoglass/ Tecnoglass: Cocaine Cartel Connections, Undisclosed Family Deals, And Accounting Irregularities All In One Nasdaq SPAC (NASDAQ:TGLS)Tecnoglass is a Colombia-based producer of glass for residential and commercial buildings founded in 1984 by two brothers, Jose Daes and Christian Daes, who currently both serve as directors and CEO & COO, respectively. The stock has surged ~390% this year on record results fueled by a pandemic real estate boom in Florida, the company’s key market. Recently, U.S. census data shows that new residential building permits have peaked, signaling a fundamental headwind going forward. Our months-long investigation has included review of US and Colombian court records, securities filings, corporate registrations, property records, export records and media reports going back decades. We have identified serious red flags regarding management and numerous undisclosed related party transactions that call the company’s reported financial results into question. In 1996, U.S. criminal prosecutors filed charges against Jose and Christian Daes, the current CEO & COO of Tecnoglass, alleging the two served as “managers and operators” of the Cali cartel, helping smuggle weapons and more than 200 tons of cocaine, and laundered money. Warrants were issued for CEO Jose Daes’ arrest and he was declared a fugitive. In 1999, Tecnoglass’ current CEO Jose Daes was imprisoned in Colombia over separate allegations of illicit enrichment after prosecutors found checks paid to a Tecnoglass subsidiary by front companies controlled by the head of the Cali cartel. The charges against the two were later dismissed or disposed of in a mostly sealed court docket, leading to local media speculation that the sealing may have been to protect those who cooperated in the prosecution of other defendants. In 2004, Tecnoglass’ current CEO Jose Daes was shot in the head and neck during a botched assassination attempt, later attributed to a right-wing paramilitary warlord who believed Daes was taking too many corrupt contracts from the local mayor. Following the crackdown on the Cali cartel, family members of individuals responsible for laundering money for a successor cocaine trafficking cartel known for its death squad appear as key early shareholders in Tecnoglass and the Daes’ related manufacturing business. They remained shareholders as recently as 2020. Around 2012-2013, Tecnoglass’ CEO & COO came under scrutiny by Colombian regulators over allegations they set up 359 corporate shell entities as part of a scheme to rig local Chamber of Commerce Elections. Authorities later ruled that Tecnoglass’ corporate structure was opaque and fined the Daes brothers. In December 2013, Tecnoglass went public via a SPAC, cycling through 3 auditors within roughly a 1-year span. Auditors specifically flagged material weaknesses relating to identification and reconciliation of related party transactions. Tecnoglass’ largest customer from 2013-2016, a company called GM&P, accounted for 26% of sales in 2016 alone. The CFO of the ‘independent’ customer is a cousin of Tecnoglass’ CEO & COO, per public records. We found no disclosure of the familial relationship. A subsidiary of this supposedly independent customer was managed by the nephews of the CEO & COO of Tecnoglass via an entity based out of Tecnoglass’ address. The nephews were, and still are, both senior employees of Tecnoglass. The customer, GM&P, was later acquired by Tecnoglass in 2017, along with a 60% stake in the subsidiary. No mention was made of any of the familial or related party links in Tecnoglass’ filings. Tecnoglass still hasn’t disclosed who owns the other 40% of the subsidiary entity. Export records show Tecnoglass’ shipments to the subsidiary entity have exploded in 2021 to $76 million compared to ~$1.5 million in 2020. From 2016-2018, export records show Tecnoglass exported product to what appears to be another shell entity called “Window Design And Installation LLC”. The supposed glass/construction entity had no obvious signs of operations, is managed by the nephews of Tecnoglass’ CEO & COO, and is based out of a residence owned by the CEO & COO’s sister. 2015-2021: Export records show that Tecnoglass exported product to yet another supposedly independent customer called “Glass Studio Group LLC”, which also has undisclosed related party links to the CEO & COO’s nephews. In 2019, Tecnoglass acquired a 70% stake in entity “ES Metals” from the CEO & COO’s children, with no disclosure of the relationship. Evidence shows the stake was acquired through an entity originally formed as part of the alleged Chamber of Commerce election rigging scandal. Beyond signs of undisclosed related-party customers, we found parallel issues with capital expenditures. The Daes brothers own a related party construction company that has played a significant and under-disclosed role in the construction of the company’s numerous facilities and expansions in Colombia, representing at least $24 million in building contracts. Given the above, we strongly suspect Tecnoglass has faked a significant portion of its revenue. The company has consistently had a difficult time collecting revenue, with its Days Sales Outstanding (DSO) nearly 2x peers. All told, we have no faith in the company’s financials given management’s background and the irregularities we have uncovered.
Kommentarerne ovenfor kommer fra Nordnets sociale netværk Shareville og er ikke blevet redigeret eller gennemgået af Nordnet. Det betyder ikke, at Nordnet giver investeringsrådgivning eller investeringsanbefalinger. Nordnet påtager sig ikke noget ansvar for kommentarerne.
Ordredybde
Antal
Køb
0
Sælg
Antal
0
Seneste handel
| Tid | Pris | Antal | Købere | Sælgere |
|---|---|---|---|---|
| - | - | - | - |
Højest
79,01VWAP
Lavest
73,12OmsætningAntal
18,4 571.992
VWAP
Højest
79,01Lavest
73,12OmsætningAntal
18,4 571.992
Mæglerstatistik
Ingen data fundet
Andre har kigget på
Corporate Actions
| Næste begivenhed | |
|---|---|
Finanskalender er ikke tilgængelig | |
| Tidligere begivenheder | ||
|---|---|---|
| 2025 Q2 | 7. aug. | |
| 2025 Q1 | 8. maj | |
| 2024 Årsregnskab | 28. feb. | |
| 2024 Q4 | 27. feb. | |
| 2024 Generalforsamling | 3. dec. 2024 |
Data hentes fra Morningstar, Quartr
Q2
10 dage siden‧37 min
Nyheder og Analyser
Der er i øjeblikket ingen nyheder
Nyheder og/eller generelle investeringsanbefalinger eller et uddrag af disse på denne side og i relaterede links er produceret og leveret af den angivne leverandør. Nordnet har ikke deltaget i udarbejdelsen af materialet, og vi har ikke gennemgået eller foretaget ændringer i materialet. Læs mere om investeringsanbefalinger.
Corporate Actions
| Næste begivenhed | |
|---|---|
Finanskalender er ikke tilgængelig | |
| Tidligere begivenheder | ||
|---|---|---|
| 2025 Q2 | 7. aug. | |
| 2025 Q1 | 8. maj | |
| 2024 Årsregnskab | 28. feb. | |
| 2024 Q4 | 27. feb. | |
| 2024 Generalforsamling | 3. dec. 2024 |
Data hentes fra Morningstar, Quartr
0,15 USD/aktie
Seneste udbytte
0,82 %
Direkte afkast
Shareville
Deltag i samtalen med SharevilleBliv en del af vores forum for investorer. Følg andre, og diskuter aktier og fonde.
Log ind
- 14. jul.·Det her har luret længe...nu hvor kursen endda er sat lidt ned i tempo. Men igen 🆙️🆙️🆙️i hvert fald håber jeg det 🫡
- 15. jun. 2023·gennemsnitsrate 6,87 og klatring.15. jun. 2023·Raportin lopusta jäi tämä pois: Indledende offentliggørelse: Efter omfattende undersøgelser har vi taget en shortposition i aktier i Tecnoglass, Inc. Denne rapport repræsenterer vores mening, og vi opfordrer enhver læser til at gøre deres egen due diligence. Se venligst vores fulde ansvarsfraskrivelse nederst i rapporten.
- 31. jan. 2022 · Redigeret31. jan. 2022 · Redigerethttps://hindenburgresearch.com/tecnoglass/ Tecnoglass: Cocaine Cartel Connections, Undisclosed Family Deals, And Accounting Irregularities All In One Nasdaq SPAC (NASDAQ:TGLS)Tecnoglass is a Colombia-based producer of glass for residential and commercial buildings founded in 1984 by two brothers, Jose Daes and Christian Daes, who currently both serve as directors and CEO & COO, respectively. The stock has surged ~390% this year on record results fueled by a pandemic real estate boom in Florida, the company’s key market. Recently, U.S. census data shows that new residential building permits have peaked, signaling a fundamental headwind going forward. Our months-long investigation has included review of US and Colombian court records, securities filings, corporate registrations, property records, export records and media reports going back decades. We have identified serious red flags regarding management and numerous undisclosed related party transactions that call the company’s reported financial results into question. In 1996, U.S. criminal prosecutors filed charges against Jose and Christian Daes, the current CEO & COO of Tecnoglass, alleging the two served as “managers and operators” of the Cali cartel, helping smuggle weapons and more than 200 tons of cocaine, and laundered money. Warrants were issued for CEO Jose Daes’ arrest and he was declared a fugitive. In 1999, Tecnoglass’ current CEO Jose Daes was imprisoned in Colombia over separate allegations of illicit enrichment after prosecutors found checks paid to a Tecnoglass subsidiary by front companies controlled by the head of the Cali cartel. The charges against the two were later dismissed or disposed of in a mostly sealed court docket, leading to local media speculation that the sealing may have been to protect those who cooperated in the prosecution of other defendants. In 2004, Tecnoglass’ current CEO Jose Daes was shot in the head and neck during a botched assassination attempt, later attributed to a right-wing paramilitary warlord who believed Daes was taking too many corrupt contracts from the local mayor. Following the crackdown on the Cali cartel, family members of individuals responsible for laundering money for a successor cocaine trafficking cartel known for its death squad appear as key early shareholders in Tecnoglass and the Daes’ related manufacturing business. They remained shareholders as recently as 2020. Around 2012-2013, Tecnoglass’ CEO & COO came under scrutiny by Colombian regulators over allegations they set up 359 corporate shell entities as part of a scheme to rig local Chamber of Commerce Elections. Authorities later ruled that Tecnoglass’ corporate structure was opaque and fined the Daes brothers. In December 2013, Tecnoglass went public via a SPAC, cycling through 3 auditors within roughly a 1-year span. Auditors specifically flagged material weaknesses relating to identification and reconciliation of related party transactions. Tecnoglass’ largest customer from 2013-2016, a company called GM&P, accounted for 26% of sales in 2016 alone. The CFO of the ‘independent’ customer is a cousin of Tecnoglass’ CEO & COO, per public records. We found no disclosure of the familial relationship. A subsidiary of this supposedly independent customer was managed by the nephews of the CEO & COO of Tecnoglass via an entity based out of Tecnoglass’ address. The nephews were, and still are, both senior employees of Tecnoglass. The customer, GM&P, was later acquired by Tecnoglass in 2017, along with a 60% stake in the subsidiary. No mention was made of any of the familial or related party links in Tecnoglass’ filings. Tecnoglass still hasn’t disclosed who owns the other 40% of the subsidiary entity. Export records show Tecnoglass’ shipments to the subsidiary entity have exploded in 2021 to $76 million compared to ~$1.5 million in 2020. From 2016-2018, export records show Tecnoglass exported product to what appears to be another shell entity called “Window Design And Installation LLC”. The supposed glass/construction entity had no obvious signs of operations, is managed by the nephews of Tecnoglass’ CEO & COO, and is based out of a residence owned by the CEO & COO’s sister. 2015-2021: Export records show that Tecnoglass exported product to yet another supposedly independent customer called “Glass Studio Group LLC”, which also has undisclosed related party links to the CEO & COO’s nephews. In 2019, Tecnoglass acquired a 70% stake in entity “ES Metals” from the CEO & COO’s children, with no disclosure of the relationship. Evidence shows the stake was acquired through an entity originally formed as part of the alleged Chamber of Commerce election rigging scandal. Beyond signs of undisclosed related-party customers, we found parallel issues with capital expenditures. The Daes brothers own a related party construction company that has played a significant and under-disclosed role in the construction of the company’s numerous facilities and expansions in Colombia, representing at least $24 million in building contracts. Given the above, we strongly suspect Tecnoglass has faked a significant portion of its revenue. The company has consistently had a difficult time collecting revenue, with its Days Sales Outstanding (DSO) nearly 2x peers. All told, we have no faith in the company’s financials given management’s background and the irregularities we have uncovered.
Kommentarerne ovenfor kommer fra Nordnets sociale netværk Shareville og er ikke blevet redigeret eller gennemgået af Nordnet. Det betyder ikke, at Nordnet giver investeringsrådgivning eller investeringsanbefalinger. Nordnet påtager sig ikke noget ansvar for kommentarerne.
Ordredybde
Antal
Køb
0
Sælg
Antal
0
Seneste handel
| Tid | Pris | Antal | Købere | Sælgere |
|---|---|---|---|---|
| - | - | - | - |
Højest
79,01VWAP
Lavest
73,12OmsætningAntal
18,4 571.992
VWAP
Højest
79,01Lavest
73,12OmsætningAntal
18,4 571.992
Mæglerstatistik
Ingen data fundet