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Bullboard - Stock Discussion Forum Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Consumer Cyclical Specialty Retail
Goldmoney Inc. is a Canada-based company, which specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. It also maintains diversified interests in property investment and jewelry manufacturing. The Company’s segments include Goldmoney.com, and... see more

TSX:XAU - Post Discussion

Goldmoney Inc > Earnings are out
View:
Post by OilNut16 on Nov 11, 2024 8:12pm

Earnings are out

A little disappointed with the lack of visibility on this release.
Numbers are good other than MENE stock tanking net income.
Looks like they bought more investment property which is great. Weird they dont announce it, would like to know some details on what they are buying but i guess that isnt for us to know
Comment by Brioche on Nov 12, 2024 2:57am
Yes , disappointing.  Rs bought once again for  $ 7+ mil  new property ( ies ? )  on which we know nothing . The write down of Mene was expected . At the end a good news as Mene hit the rock bottom last Q .   Rsu cost a little . But the main thing is the net decrease from the core business. Vs last year Q2  it's better but a dramatic fall from last Q . And ...more  
Comment by GMoneyTx on Nov 12, 2024 3:14am
Agree with lack of visibility on the release.  Would have been nice to hear RS comments on quarterly performance, both good and bad.  I would especially like to know why PM revenue for the quarter was somewhat lackluster considering the value of client assets is at record levels. Would also like to hear more on the great progress being made on compounding earnings within property ...more  
Comment by OilNut16 on Nov 12, 2024 9:51am
GET IN THERE BOYS!!!  Buying this dip gotta support our baby
Goldmoney Inc