Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Wheels Group Inc GRFJF

Industrials Integrated Shipping & Logistics


GREY:GRFJF - Post by User

Wheels Group Inc
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Post by keizaigakushaon Dec 26, 2008 11:22am
702 Views
Post# 15667473

Gold Hedge Gains for Q4

Gold Hedge Gains for Q4    WGI should have a nice boost to earnings in Q4 with the increased value of their gold hedge.  From their last quarterly filing mgmt notes that a 10% fall in gold price from $885 will produce a $35.1 million gain in the mark to market value of their gold hedge.  Given gold is trading around $847 today, we should get a gain of roughly $15 million to earnings from the formula above.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities