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Please nominate me to the board at info@themarygoldcompanies.com for an open spot for a board member.
Samuel Eitan Cohen
Please nominate me to the board at info@themarygoldcompanies.com for an open spot for a board member
Seems there may be an open director's position
Any nominees?
Obviously no need to add the link here, I'm sure every informed investor read all about it.
We have a poor uneducated SCHMUCK on our hands this morning sitting at $1.30. I await his sale to me and others.
No one here needs to see an SEC document to underscore their personal belief that David Neibert truly believes in MGLD. By your post that merely states the obvious, I hope your faith in his commitment wasn't waning to the point of needing him to actually reinforce it by buying more shares, was it? ELAL was nice in sharing it with we staunch supporters, but notice how he gracefully let it speak for itself without comment.
I'm well versed in the AON vs Avon calling and GTC vs a Ferrari GTC but love your simple explanations. Bottom line, accumulating 5k,10k AON here is like waiting for the Messiah to arrive. Better luck on scratch offs in my humble opinion. I decided to stop buying for the time being since I now have around 440k
My GTC AON (Good til canceled, All-or-none) MGLD buy/sell orders that aren't showing on the bid/ask won't be filled with the paltry volume coupled with the price we're seeing now.
I'm way below the bid and way above the ask for either event but leaving myself the option to buy smaller amounts at will. Its also a nice mini-bonus that we've been in the zero sales commission era with brokerages, although commissions never hurt any trader I know of. Like me, they're too busy making dollars to worry about tripping over pennies.
Should be fun to see who can accumulate a sizeable position nowadays, without bringing the stock up to $2+
Shows that MGLD's COO still believes in the company
Direct SEC link:
https://www.sec.gov/Archives/edgar/data/1005101/000152468722000002/xslF345X03/primary_doc.xml
.
Or 867-5309 / Jenny
That's just pi in the sky!
Better than ELAL747 3.148675309
MM's playing tricks? Never heard of such a thing!
Thank you ELAL7474.9999
LMFAO first off and I wish I could buy like that. Years ago you could, so the M&Ms are playing their tricks with treats, closer to Halloween
Its 11:45 here in NYC and my screen shows that 25 minutes ago someone just bought 6 shares of MGLD @ $1.1999, down $0.0001. Was that any of you and just how did you manage THAT?
Nyuk! Nyuk! Nyuk!
Bienvenue maison, mon juif bon vivant!
Just got back tonight and on my way home. Super exhausted even with flying business / first but will crash next 2 hours so I can be up at a normal time to start the fun process of laundry and checking mail.
Had a blast in Lisbon, Abulfeira, Vilamoura, Malaga & Seville.
When will you be back here in the U.S.?
They are so Desperately Seeking Susan to make it look weak, that it makes me laugh and cry at the same time.
LMFAO!!! GREETINGS FROM YUL = AKA OOH LA LA & HAHA (FRENCH ACCENT INSERTED)
Parden me, Matthew!!
BTW, this was another informative and to-the-point MGLD post with solid updates that are worth reading. Thanx for leaving out additional commentary baggage.
The factual links more than speak for themselves.
Recently acquired Tiger Financial gets Marygold touch-ups
http://www.tfam.co.uk/home/page.php?id=1
https://themarygoldcompanies.com/the-marygold-companies-completes-acquisition-of-tiger-financial-asset-management-limited/
.
Did any of you see that precipitous price drop on that incredibly high day's volume? More Friday tricks being played here than on a Halloween night!
Watch how this all MGLD game-playing ultimately works to our benefit as we start to march the ball downfield when momentum turns our way.
For we shareholders, we're in essence still early in the first quarter and on a commercial break. Oh, look! Its Taco Bell! No, wait! Its Progressive Insurance!
Absolutely and no worries
Well, thank you, ELAL for the update on DrD. I stand corrected after your words and offer him my apology at least for underestimating his MGLD holdings. So your rough estimate is that we 10 people control around 2.5 million shares? Sweet!
For the record, originally I thought DrD had a very little position in our company, but he told me I was mistaken. As of this very moment, I can count on both hands aka 10 individuals including me myself and Irene, that control 2.5M shares of the float. Notice how all of a sudden there's barely any stock around???
Sorry DrD, you know I love some of your posts and agree that you find so many things that the company never releases, but until they are ready to release anything solid to the public, which I feel things are getting closer each and every day, I will have to say:"Amen, and pass the ammunition."
Grateful we don't live in FLAHDAH
May your bathrooms be eternally free of alligators, snakes and crabs
Que tus baños estén eternamente libres de caimanes, serpientes y cangrejos.
(Old Spanish blessing said to weather-imperiled homeowners in Southern Florida, circa 1700's. May still apply after Hurricane Ian)
es mi mayor placer
Thank you, My Fair Lady!
Not too shore about that hahaha
Now that you mention precipitation back here, does the rain in Spain stay mainly on the plain?
My pleasure. Beautiful day here in Malaga. Heard it's raining back at home. Stay safe!
Well done, ELAL. Two very Informative and promising contributions back-to-back. A real confidence-builder as well.
Thanks for sharing something that should be the new standard for anything else concerning MGLD that we see posted here from those who pride themselves on dispersing company news.
While we continue to focus on the profitable growth of all or our businesses, this year’s goal is to reinvest
in the financial services side of things as we complete the development of and formally introduce our
fintech app. The annual shareholders’ meeting will be held in Denver, headquarters of Marygold & Co.,
on November 11, 2022”.
Last year’s annual letter was late, and came out in March 2022, about 7 months ago. Since then we
have continued to execute on the plan laid out above. I have a Marygold & Co. card and am testing it
along with the internal team.
Beyond that, I have nothing else to say except, stay tuned. So a short letter this year.
As always, feel free to email me directly at ngerber@themarygoldcompanies.com anytime about
anything.
Thank you for being a shareholder of The Marygold Companies, Inc.
Nicholas D. Gerber
Chief Executive Officer
Chairman of the Board
(*) The financial data and results of operations are for the fiscal year ended June 30, 2022.
The Marygold Companies, Inc.
Message from the Chairman
October 2022
Dear Fellow Shareholders:
The Marygold Companies’ net income for the 12 months ended June 30, 2022 was $1.1 million,
increasing the book value of our Company by 13.1% from June 30, 2021. Since the present management
team and corporate holding company structure was established in 2015, fully diluted per share book
value has grown from $0.21 to $0.74 (1), a rate of 20.2% compounded annually. Our goal is to have the
growth of book value exceed the growth of the FTSE Global All Cap index on average over time.
The Marygold Companies Performance vs. the FTSE Global All Cap Index as of June 30, 2016(7)
through June 30, 2022
Fiscal
Year
Ending
June
MGLD
Book
Value
Per
share (1)(2)
MGLD
Book
Value
% Change
MGLD
Stock
Price (1)
MGLD
Stock
Price
% Change
FTSE
Global All
Cap Index
with
dividends
included
% Change
2016 $0.21 $1.05
2017 $0.34 67.9% $1.77 68.5% 18.9%
2018 $0.44 28.6% $0.70 -60.5% 11.5%
2019 $0.45 1.3% $0.65 -7.1% 5.3%
2020 $0.50 10.9% $0.97 49.2% 1.8%
2021 $0.66 32.0% $2.00 106.2% 41.1%
2022 $0.74 13.1% $1.40 -30.0% -15.9%
(1) Adjusted for splits. (2) Fully Diluted Shares
I ended my last CEO shareholder letter with the summary of, “Overall, another good year considering the
pandemic. And a milestone time in our growth and development, with a new corporate name and uplist
to the NYSE American exchange.
And "BUENOS TACOS" to you, too!
Thanks all for the updates and greetings from Espagna
$MGLD to present at LD Micro Event
Oct 26, 1:30pm, Luxe Sunset Blvd Hotel
https://www.meetmax.com/sched/event_86249/__co-list_cp.html
https://www.meetmax.com/sched/event_86249/conference_presentations.html?bank_access=0&event_id=86249
$MGLD
https://themarygoldcompanies.com/
.
So, after this latest MGLD Quarterly Report, all this means is that for the time being I'll have to keep delivering the New York Post on my morning paper route with my MoPed, and also that I can't yet give my two-weeks notice as a weekend greeter at my local Walmart.
Damn!!
Alright, the MGLD news is out. Not great, but no real downer either. The economy and Covid slowed our sales. We're like 6,000 other stocks rampantly affected by them.
What now, you ask? Obviously, its steady as she goes. So, we hold on for another quarter and see what shakes out. It may be until year before we fully recover. We've been here before and we may now be looking at the same opportunity we've had in the past to buy people's discarded shares at a relatively good discount.
For bottom feeders it may be another chance to get MGLD at sub-$1 again and be ready for the next bounce. This isn't really a gut-check time in which to be all that worried. Gerber said we're in a good cash position overall and that we are essentially debt-free. And we all know that low cash reserves coupled with crushing debt is what does in many small companies. So, rejoice in this and do remember that, as the report stated:
"During the year ended June 30, 2022, the Company’s cash position and net income were negatively impacted by an aggregate of $5.7 million in expenses in connection with a cash payment of $2.5 million in the first fiscal quarter related to a legal settlement, and by an additional $3.2 million expensed during the year toward completion of the Marygold & Co. (a wholly owned subsidiary of the Company) fintech mobile banking app."
One-time quarterly expenses are to be taken in stride. BTW, did I mention that we are essentially debt-free?
From today's press release: "Foundational Progress, Beta Testing"
"Company Reports Profitable Operations and Further Strengthening of Balance Sheet"
“From a corporate development and operating perspective, excellent foundational progress was made in fiscal 2022 to position the Company for the future”
"..we changed our corporate name to align with our Marygold & Co. subsidiary, which is currently beta testing its proprietary consumer fintech app for sending, receiving, spending and saving securely through mobile devices.”
https://www.businesswire.com/news/home/20220928006085/en/The-Marygold-Companies-Reports-Financial-Results-for-Fiscal-2022/?feedref=JjAwJuNHiystnCoBq_hl-bV7DTIYheT0D-1vT4_bKFzt_EW40VMdK6eG-WLfRGUE1fJraLPL1g6AeUGJlCTYs7Oafol48Kkc8KJgZoTHgMu0w8LYSbRdYOj2VdwnuKwa
You obviously made me think of it. Tried getting some shuteye before my trip tonight to Europe but that didn't work out. Wife's birthday is tomorrow so we decided to splurge and fly BIDNESS / FIRST CLASS.
I'll be monitoring for the next few weeks from abroad.
Hello J.Lo!
Haven't thought of that song for like decades!
Don't be fooled by the rocks that you've got, you're still , you're still Jenny from the block you're saying? I'm with you and won't be buying more for a few more days if I choose to! 423k and counting for now...
Don't any of you be fooled by this sudden rise in MGLD based on people paying "ask" prices with low volume. Just because a MM puts up an "ask" price in their own best interests and someone is an "ass" by being foolish enough to pay that much for MGLD shares, its totally meaningless.
I like to see our shares go up as much as anybody, but don't any of you fall into the trap set by MM's to sell to an unwary public the shares they just bought cheap. UNTIL THE EARNINGS REPORT BACKS UP THIS PRICE ACTION ON LEGITIMATE AND INCREASING VOLUME, just assume that its speculation driving the BUYING and MM's greed driving the PRICE.
The MM's can again drive down the price at any time. Hint: If and when I buy it is ONLY at the bottoms when I can get a price that I'm willing to pay and then I patiently WAIT until I am filled at that price. I do this daily. Most of the time I can only get a few hundred shares or many more during a day, sometimes none, but I have the full, personal sense of satisfaction that I was NEVER at the mercy of anyone dictating what I will pay.
Sticking to this plan has stood me so well and allowed me to accumulate MGLD on MY terms. Its also allowed me to sell into the PUBLIC'S terms of what THEY are willing to pay for MGLD shares at a later time.
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