MallenNV
4 años hace
GNGR does not use diamonds. They cast metals they purchase only from US mines and are 100% made in the USA.
The difference is: GNGR you can actually buy products from while those pump and dump gold mine, diamond mines operate only on intent to achieve their goals (To sell billions of shares) unlike GNGR that is now selling globally and only has 108,000,000 float
Low float, no dilution, no pumps and products you can buy worldwide that ARE selling and shipping. NO INTENT.
Google Gunther Grant Jewelry, then google all the pumped diamond and gold mines and see what you find.
Fact over fiction.
MallenNV
4 años hace
LMLYP Public jewelry companies of which there are not many you would think they would stay on track but the facts and I say FACTS are:
Kingold ticker KGJI used gold plated copper bars to secure $2.8 billion in loans and when they did not pay, the banks went to sell the gold only to be told it’s copper.
Kingold stock was $3.00 and has tanked to $.35 cents and it is falling.
SIGNETs demise was not by fraud like Kingold, Signet was just plain greed. When a new CEO arrives on the scene like SIG, they are more interested in dumping their shares they got in the deal and killing not only the price but reducing the assets to bump up profits. Closing stores and laying off people.
Tom Ryder did this with Readers Digest. He was to get a HUGE bonus if he got the stock UP over a certain amount so he sold all the art, properties and assets that made the stock rise on the revenue but it was short lived but still the stock went up enough for him to collect his huge bonus then the foilowing quarter the stock tanked because there was nothing left to sell.
So fraud and deceit and GREED from 3 NASDAQ Stocks (2 being Jewelry companies)
Back to your GOLD investing ideas.
As I said, you buy an ounce for $2000 and even if it rises to $4000 you need to spend a lot to make a lot right!
$GNGR new to the jewelry scene will take your idea and make it go further.
GNGR will buy silver that is $29 per ounce and 24k gold that is about $2000 per ounce and unlike almost ALL pumped OTCs that say they are gold miners, GNGR does not have to mine gold to make even more money than a gold mine, here is why.
An ounce of silver is 31.5 grams. At $29 per ounce comes to $.90 cents per gram. If you Google Gunther Grant Jewelry you will see what they make.
NOW you want to buy metals as an investment? So you buy silver for $29 and hope it rises to $50 or more? Or gold at $2000 to also double the money to $4000? Don’t hold your breath.
What GNGR is doing is taking 31 grams of silver and using artistic and mold ability to change it to something people want who are not gold or silver investors but consumers who want the product not just the silver.
What I mean is: GNGR sells a silver drop (That are selling very well) for $20 each and they weigh 5 grams. That means the silver cost at $.90 cents per gram is $4.50.
They cast maybe 50 at one time making the casting cost and labor to be about $2 per drop pendant. That is about $6.50 cost and they sell for $20. That means they are converting $29 in silver into $90 when resold. And the same goes for gold.
So buying silver and changing it to a marketable product is much more profitable than just buying bars to sell hoping they rise a little. Silver dropping to $20 means more profits for GNGR and if silver rises to $60 they still make great profits.
Even a simply rise in retail from $20 to $30 people will still get a great value and are not buying for the metal price but the finished product. And that will allow GNGR to maintain a high profit margin. SO why mine metals when GNGR can just by the bars and turn that into 300% the next day with no worry about losing money if silver or gold prices fall?
That is the difference between jewelry and mining. There is more money to be made selling jewelry.
But you are not making jewelry you would be buying shares in a company that does make the jewelry correct?
Here is how it works when buying a jewelry stock.
A company like GNGR has a low float of only 108,553.765 shares. When you calculate the price of the shares you don’t use the actual metal price but rather the earnings ratio or return on investment etc.
Let say GNGR does $1,000,000 in sales which is not far fetched, in fact if you compare that to just the Silver Drop line they make at $20 each piece comes to only 50,000 pieces that need to be sold worldwide
Let say GNGR makes a 300% return over costs (silver and casting costs) so they net $666,000 on $1,000,000 in sales. If you apply that $666,000 into 108,000,000 shares you get an EPS of $.006 per share. At the current price of $.001 per share would come to a 6x return. Remember the jewelry program GNGR does is relatively new and gaining steam while others fail or commit fraud.
An EPS of 6x is pretty good. Actually its great.
Now let say GNGR was a nice company and decided to issue half the $666,000 as a cash dividend $333,000 applied to 108,000,000 shares in the float.
That would be a cash dividend of $.003 per share. At the current price of $.001 means for every share you bought for $.001 you would be getting back twice that in CASH! You see where I’m going with this.
Using a very nice 10% cash return on investment with the $.003 being the interest would put the share price at $.03 ($.03 x 10% is $.003)
That means GNGR at $.001 would rise up 30x or 300%
Compare that to the price of silver and gold.
Silver at $29 per ounce converted to GNGR shares at $.001 comes to 29,000 shares. 29,000 shares at $.03 is $870 so you can see that buying into a SOLID profitable LEGIT OTC that makes products people not can buy is even better then just buying gold or silver bars.
And the price of the securities can increase more so then even the company’s percentage mark-up of sales. Stocks value almost always exceeds a companies revenue because of the EPS.
This is the difference between Signet, Kingold and even those pumped gold mine stocks. They never find gold do they? And if they did GNGR will buy it and make more money while they do all the hard labor mining it.
FACT: Pumped gold mine stocks rely on the mining aspect of the pump because they INTEND to find gold.
If they pumped they were a jewelry company like GNGR they would have to prove they can cast and ship and produce and if they lie it would be proven when orders are not filled.
That is why pumped OTC goes into mining because they can say they may or try but rarely ever do CORRECT!
GNGR does what Signet should have done with our advice with a merger and Kingold; well they are just plain fraud.
Just keep you eye on GNGR but don’t blink. That’s all we can say.
But maybe you get the idea between NASDAQ jewelry fraud and Signets demise and just plain horribly run companies or look at the one that is on the move and not being pumped or posting INTENT but facts
$GNGR Legit, in production, making sales and NO PMPED INTENT or MAYBE well find gold in them their hills like OTC GOLD mine stocks. They always say they will look and try and find gold but rarely ever do. Unless they do what the guy in Brazil did and add purchased gold nuggets to the ground and posted images.
$GNGR also buys most of their supplies and metals from Rio Grande (a Berkshire Hathaway Company)
Team10
MallenNV
4 años hace
If you go LONG in signet you will be saying SO LONG to your money. Also GOLD is NOT a good investment, it's more out of a panic buy.
Let say gold is $2000 oz. and you have to pay spot so it costs you about $70 over spot so the ounce costs you $2070 more or less
Then when you sell it you don’t get $2070 or even $2000. You would have to sell if for $70 under spot so you would get about $1930 for the ounce of gold.
$140 has to be added to your cost of $2000 so gold has to rise up to $2140 for you to break even.
That’s over 5% gains before you even make any profits.
So lets assume gold goes to $3000 an ounce and you are into the ounce $2140 and sell it. You would make $860, which is hardly a great return.
To make let say $50,000 profits at a $3000 per ounce price you would have to divided $860 into $50,000 which means you would need to buy 58 bars of gold (ounces)
So to make $50,000 profit you would have to lay out $124,120 and to be honest GOLD is volatile. If the market comes back which it is you can be sure gold will prices will drop and even a little puts you in the negative.
A decrease of just 10% more or less would be bad for your investment.
Signets demise is NOT because of covid or the economy, it is because the CEO destroyed the company that makes it even more risky.
You want to go LONG on Signet?
Google Kay Jewelers Swapping diamonds
Google signet credit card fraud
Google Signets $240 million sexual assault settlement
What a GREAT COMPANY! Yeah sure.
$GNGR the signet alternative that is ON THE MOVE! Get in cheap; they are already tapping into signets market with NO illegal activity.
ITMS
7 años hace
Revealed: Major Buy Level On Signet Jewelers $SIG As It Flushes
Investors ran for cover on Signet Jewelers Ltd. (NYSE:SIG) today after the mall jeweler unveiled a restructuring plan, involving the closing of 100s of stores. The stock sank sharply, dropping nearly 20% to $39.02 by early afternoon on Wednesday. Signet Jewelers Ltd. was a $150 stock in 2015, but now hovers at a fraction of that price. Big investors and traders are scoping out the chart to find the proper major buy level. Based on chart analysis and pivot points, there is major support at $33.00. While this still signals another 15% decline in price from the current levels, it will likely happen quickly based on the recent news. The $33 level could easily see a 25-50% bounce in Signet Jewelers Ltd. shares.
Gareth Soloway
InTheMoneyStocks
free_bee
11 años hace
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=46498
RAPAPORT... Signet Jeweler's revenue rose 3.4 percent year on year to $1.56 billion during the fourth quarter that ended on February 1. Comparable-store sales increased 4.3 percent and cost of sales rose 4.4 percent $915 million. Signet's profit improved 1.7 percent to $175 million or $2.18 per diluted share.
U.S. division sales improved 3.5 percent to $1.29 billion in the fourth quarter, while same-store sales rose 5 percent. Sales increases were driven by a variety of merchandise categories but the strongest performance came from bridal, colored diamonds, fashion jewelry, beads and watches. The average merchandise transaction value increased at Kay, primarily from greater sales of branded merchandise; however, the average transaction value declined at Jared. Signet's ecommerce sales in the U.S. surged 10.9 percent to $61.9 million.
In the U.K., sales as reported in dollars improved 1.4 percent to $272.2 million, but same-store sales jumped 5.7 percent in the fourth quarter. Sales performance was driven by bridal and fashion diamond jewelry, fashion and prestige watches, exclusive of Rolex, which is being offered in fewer stores. The average merchandise transaction value remained consistent year to year at H.Samuel, however, the average value fell slightly at Ernest Jones. Online sales in the U.K. surged 32.6 percent to $17.1 million.
Signet's fiscal year sales rose 5.7 percent year on year to $4.21 billion, cost of sales jumped 9.9 percent to $2.63 billion and net income improved 2.2 percent to $368 million or $4.56 per diluted share.
Signet's board declared an increased quarterly dividend of 18 cents per share, payable on May 28.
Mike Barnes, Signet's CEO, said, “Signet performed well during the year delivering a 4.4 percent increase in same-store sales and a 4.8 percent increase in earnings per share (EPS). I would like to thank all Signet associates for their contribution to these results. In addition, and importantly, in February we negotiated and executed an agreement to acquire the Zale Corporation, which will transform the combined companies after the transaction is closed. The Zale team has done a great job turning its business around, and we are excited about the opportunities of helping to take Zale to the next level.”
Barnes added that Signet's growth can be attributed to a coordinated omnichannel strategy that creates an outstanding customer experience, delivers compelling merchandise and maintains cost controls. ''Our priorities remain focused on delivering an outstanding experience to all our customers. We will continue to execute on our multichannel growth initiatives and expand our store base. Our increase in the quarterly dividend demonstrates our belief in the strength of the business and our commitment to increase value for our shareholders. We remain confident in achieving our fiscal 2015 goals and making significant progress toward our long-term objectives, including those related to the acquisition and successful integration of Zale Corporation,'' he said.
Signet has hired McKinsey & Company to work alongside its internal team to ensure an effective integration with Zale. Signet expects to utilize approximately $600 million of receivables securitization and $800 million of other debt financing during the acquisition process.