Post by
michaelstl on Aug 07, 2020 4:07pm
Earnings to be released before end of August
I am expecting this company to make a profit for the first time. This would be fantastic if they would do this. Stock looks very cheap. Their sales have been very good and they should have made a lot of money on their precious metals inventory.
Do your own due diligence prior to making investment decisions.
Comment by
tankumo on Aug 08, 2020 2:22am
Higher gold prices means higher profits. They say their product mark up is about 20%. So at $1500 gold, the markup is $300. At $3000 gold, the markup is $600. Or do I do this wrong?
Comment by
tankumo on Aug 12, 2020 2:16am
I think Q2 will see lower number than Q1 but Q3 and Q4 will look very good. There are people from more than 60 countries buying from them, that is amazing. Do you think they will come up with new products such as 24K gold or platinum watches?