Marygold Companies Inc (MGLD)

[DrD]

Tiger Acquisition: Expected to be immediately accretive

Nicholas Gerber, CEO of The Marygold Companies:
"Tiger is a great fit for us and is expected to be immediately accretive. We welcome Tiger into The Marygold Companies family."

https://www.businesswire.com/news/home/20220621005465/en/

$MGLD
https://themarygoldcompanies.com/


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[DrD]

$MGLD files 8-K/A on acquisition updates

https://www.sec.gov/ix?doc=/Archives/edgar/data/1005101/000143774922015375/mgld20220613_8ka.htm

Paid £1.00 extra for a variation agreement.
(A pound just doesn't buy what it used to.)
https://www.sec.gov/Archives/edgar/data/1005101/000143774922015375/ex_386633.htm

$MGLD
https://themarygoldcompanies.com/




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[DrD]

$MGLD up over 8% mid-day following acquisition news

https://ih.advfn.com/stock-market/AMEX/marygold-companies-MGLD/stock-price

$MGLD
https://themarygoldcompanies.com/the-marygold-companies-completes-acquisition-of-tiger-financial-asset-management-limited/




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[DrD]

The Marygold Companies Completes Acquisition of Tiger Financial & Asset Management Limited

“The acquisition of Tiger is a very important first step for Marygold & Co. in the UK, giving us the initial regulatory license to be able to grow and expand our advice services to new clients,” said Matthew Parden, CEO of Marygold & Co. (UK) Limited.

https://www.businesswire.com/news/home/20220621005465/en/The-Marygold-Companies-Completes-Acquisition-of-Tiger-Financial-Asset-Management-Limited

Tiger Financial:
http://www.tfam.co.uk/home/page.php?id=1

$MGLD:
https://themarygoldcompanies.com/subsidiary-companies/





.

[DrD]

MGLD's subsidiary USCF still well over $5.B in AUM even with small energy pull back.

Total of all 12 active funds

Fund       Total Assets               As of 10 June 2022" 
 USCI	$   398,423,618.93  
 USO    $ 3,158,612,104.15  
 USL	$   153,749,985.79  
 BNO    $   324,463,209.20  
 UNG	$   617,815,460.87  
 UNL    $    62,294,760.82  
 UGA	$   186,320,757.82  
 CPER	$   213,469,204.93  
 SDCI	$    10,627,742.25  
 GLDX   $     2,649,612.54  
 UDI    $     5,345,114.56  
 UMI    $   168,516,613.59  
 	 
        $ 5,302,288,185.45      Total AUM

USCF
https://www.uscfinvestments.com/home

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

$UDI fund grows to $5.3M in total net assets in first week. New total even surpasses that of the new gold fund ($GLDX) that's been running for 7 mo's.

USCF $UDI
https://www.uscfinvestments.com/udi

USCF $GLDX
https://www.uscfinvestments.com/gldx

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[streetwise2021]

MGLD news updates are nice and can be found by anyone at their source, but its convenient for a busy trader like myself to see them here all at once courtesy of the newsman. The increase in NAV and AUM, etc. in the MGLD subsidiaries are why I stay in this stock as trading vehicle.

I'll never leave it to an MGLD poster (how can I?) to advise me on the most valuable and important part of the entire scenario, which is how to consistently trade this company successfully. That is what I do best and always have..........which may or may not be "news" to some.

[DrD]

USCF Announces Launch of the USCF Dividend_Income_Fund with Miller/Howard Investments (Ticker: UDI)

https://www.prnewswire.com/news-releases/uscf-announces-launch-of-the-uscf-dividend-income-fund-with-millerhoward-investments-ticker-udi-301563466.html

USCF
https://www.uscfinvestments.com/home

.MGLD
https://themarygoldcompanies.com/subsidiary-companies/


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[DrD]

MGLD's subsidiary USCF now exceeds $5.1B in AUM

Total of all 12 active funds

As of 7 June 2022
-------------------------------------------------------------------

 Fund	      Total Assets    
 --------------------------------------------- 
 USCI	$    399,346,193.90 	 
 USO	$  3,027,041,332.26 	 
 USL    $    152,423,675.27 	 
 BNO	$    320,643,416.18 	 
 UNG	$    601,481,200.67 	 
 UNL    $     59,328,735.03 	 
 UGA	$    185,675,344.47 	 
 CPER	$    220,310,421.93 	 
 SDCI	$     10,649,724.53 	 
 GLDX	$      2,617,289.28 	 
 UDI    $        625,000.00 	 
 UMI    $    178,484,590.48 	 
 ---------------------------------------------	 
 	$  5,158,626,924.00   Total AUM

USCF
https://www.uscfinvestments.com/home

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

$UDI up and running, with $625k total net assets

https://www.uscfinvestments.com/udi

https://themarygoldcompanies.com/subsidiary-companies/


.

.

[DrD]

$UNG total net assets soar over $600M

A significant part of MGLD's income is derived from their subsidiary USCF.
Much of USCF's income is based on the fees collected on their funds.
Fees increase as the assets under management (AUM) increase.

USCF $UNG:
https://www.uscfinvestments.com/ung

MGLD Subsidiaries:
https://themarygoldcompanies.com/subsidiary-companies/

https://www.naturalgasintel.com/natural-gas-futures-soar-as-supply-cuts-hit-as-heat-builds-10-gas-possible-in-fairly-near-future/

https://oilprice.com/Latest-Energy-News/World-News/Natural-Gas-Futures-Hit-13-Year-High-As-Traders-Expect-Blistering-Hot-Summer.html

So who's still cooking with Gas?
Get ready for the McTartare burger?




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[DrD]

$USO total net assets exceed $3B again

USCF
https://www.uscfinvestments.com/uso

MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

More record breaking NAV highs from $MGLD subsidiary USCF

USCF
https://www.uscfinvestments.com/home

MGLD
https://themarygoldcompanies.com/subsidiary-companies/





.

[DrD]

Primary investment objective of the USCF Dividend_Income_Fund is to seek a high level of current income.

USCF Dividend Income Fund ($UDI)

https://www.sec.gov/ix?doc=/Archives/edgar/data/1597389/000117120022000253/i22329_etfudi-485bpos.htm

USCF
https://www.uscfinvestments.com/home

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/


Still waiting on more funds to be launched



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[DrD]

News on $MGLD, $UDI fund ready to go

The NYSE Arca certifies its approval.....

https://www.sec.gov/Archives/edgar/data/1597389/000114336222000144/UDI060622.pdf



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[streetwise2021]

Along with the multi-day upticks in MGLD since the recent $1 lows, we received an early trading bonus this morning and again near the end of the market day. As we all know, MGLD had 85+ million shares traded in one day in March as quality news broke. Yet, as with today. there's no accounting for when folks all decide that today is the day to buy and/or when short covering will take place.

Since I, like a lot of traders, hardly ever keep anything long term (assets held over 1 year), we adhere to the use of the LIFO (Last In - First Out) method of calculating profits. Hence, and as I assess my trades today, I see that the 58,471 MGLD shares I sold today at a cost average of $1.838 were most recently bought at a cost average of $1.172. CHA-CHING!! THANK YOU! NEXT!!

Who knows? I may be completely sold out of all my MGLD if there is any follow-through next week. Either way, MGLD is a worthy vehicle of trading interest which, like today, should provide plenty of liquidity opportunities now and in the future

There is always another market day adventure awaiting the unchained and nimble traders of the world.

[subslover]

MGLD exploding pre market

[DrD]

6 $MGLD subsidiary funds exceed recent highs again

$USO, $UGA, $USL, $UMI, $SDCI, $USCI all exceed recent NAV highs today

USCF:
https://www.uscfinvestments.com/home

MGLD Subsidiaries:
https://themarygoldcompanies.com/subsidiary-companies/




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[DrD]

$UDI, USCF Dividend Income Fund, Effective Today

Was there was some minor editing on that fund name?

https://www.sec.gov/ix?doc=/Archives/edgar/data/1597389/000117120022000253/i22329_etfudi-485bpos.htm

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/

USCF:
https://www.uscfinvestments.com/home

Seems they can hardly contain all the excitement over the fund's grand opening. Not even enough time to ask for an official opening bell ceremony. There is a local rumor of a closing bell ceremony to be held at Z's park just 2 blocks north of the exchange, just behind Famous Fred's Hot Dog Truck. Fred is offering a deal for all new investors, get a three topping special dog for the price of a two topping special dog when you order another special dog at regular price. Masks optional to out of state residents, large drinks not available to NYC residence, NJ visitors bring your own straws and trash bags. News at 11 or so...





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[DrD]

$UGA breaking multi-year records too

https://www.uscfinvestments.com/uga

$MGLD Subsidiaries:
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

$USO share price and NAV exceed 2yr high

$USO Total NA over $2.9B

https://www.uscfinvestments.com/uso

$MGLD Subsidiaries:
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

USCF's $UNG fund reaches another multi-year NAV high
https://www.uscfinvestments.com/ung

USCF is one of several $MGLD's subsidiaries
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

$MGLD in "Penny Stocks To Watch Before June 2022" story from PennyStocks.com

https://pennystocks.com/featured/2022/05/24/best-penny-stocks-to-buy-june-2022-according-insiders/




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[joelima77]

same old talk, same old stock, same old news. nuthin' ever changes but the co. name = mgld = big deal after 20 years of being in a stockowner coma.

[DrD]

Almost launch time, looks like Wednesday.
https://i.pinimg.com/originals/ad/2b/1d/ad2b1dd9e092cb1829a6730c3b86bcc0.jpg

$MGLD already trading higher today



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[DrD]

$MGLD reached upwards of $1.32 in after-hours last night

Almost seems like old times, (of just a few weeks back anyway).

If all or most of $MGLD's planned items get going in the near term we should easily climb back to a few bucks or so soon. If Gerber is right about the Marygold service being big we may even see double digit trading this year, imo.

Other things are starting to remind me of the old times too. But I won't get into that, except to repeat those simple words of good ole Jack: "Why Can't We All Just Get Along?"

.

[ELAL7474]

How about a zoom meeting?

[ELAL7474]

Sounds good. My email is [e-mail]

[ELAL7474]

I'm game!

[streetwise2021]

Concerning my last post, I would also like to be able to invite those who have their own MGLD ideas to share them with me, all of which would be on a free-of-charge or obligation basis. Its just shareholders helping other shareholders, which I believe is something that is sorely lacking in balance on this MGLD board.

A good evening to all.

[streetwise2021]

I've had a thought recently about how I could actually help more of the MGLD shareholders by giving my insights on a more personal level. I thought about putting an email of mine or perhaps even a cell phone number on my I-HUB profile/contact page.

This would allow interested MGLD parties to be able to get my honest and worthwhile input. You might say that this would be a beneficial addition to, or possibly a total replacement for having to read posts here that are essentially only forwarding the MGLD news of the day. Yawn!!

Most of this MGLD "news" one reads here can easily be found on their own by accessing the same outlets the "nightly newsman" is accessing. I can greatly help you with how to do that as well. You might even be able to avoid coming here at all.

I would like to hear back from anyone who would like to avail themselves of this contact with me about MGLD. Reply to me here. Through this I can then gauge the level of interest as to the feasibility of this concept.

[DrD]

High volume following insider trading filing, continuing into after-hours

https://www.nasdaq.com/market-activity/stocks/mgld/after-hours



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[DrD]

$MGLD public float getting smaller.

CEO buys up 120k shares
https://www.sec.gov/Archives/edgar/data/1005101/000130673422000001/xslF345X03/primary_doc.xml




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[DrD]

$MGLD insider buying, CEO and COO file doc's today

https://www.sec.gov/Archives/edgar/data/1005101/000130673422000001/xslF345X03/primary_doc.xml

https://www.sec.gov/Archives/edgar/data/1005101/000152468722000001/xslF345X03/primary_doc.xml







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[streetwise2021]

You've underscored the ONLY reasons I'm even trading this company, which have to do with the state of its present incarnation and thus its potential upside. You've heard me say unequivocally before that I NEVER fall in love with and marry ANY stock. What MGLD has going for it now makes it worthy of dating only, which in itself is a significant level for me to commit to.

THIS is the BIG and GLARING difference between myself and the woefully stagnant financial mindset that one usually finds on this MGLD board, wouldn't you say?

[streetwise2021]

This internet address: themarygoldcompanies.com/ copyrightrighted you submitted in your post only yields an error message when accessed. Please resubmit after addressing the obvious typos.

Thanks.

[DrD]

"A global holding company, The Marygold Companies, Inc. invests in, and builds, great companies.

Our mission is to identify and acquire established, profitable, undervalued companies in diverse sectors,
and manage the portfolio to facilitate growth and add value for all stakeholders.

We’ve changed our name from Concierge Technologies in order to better reflect the nature of our business.
We’re still the same great company with the same leadership and mission."

https://themarygoldcompanies.com/



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[DrD]

themarygoldcompanies.com/ copyrightrighted

Seems that Monday's spectacular earnings report hasn't yet made the news page.



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[streetwise2021]

I would like it to be noted by you MGLDers as to WHY I never held on to my CNCG shares during the times when those shares spiked on exciting and newsworthy company press releases by as much as 20+ times more than what I paid for them.

First of all, there were times during the middle years when CNCG changed its business model several times in trying to find itself. Because of this, its stock price fluctuated up and down. As these fresh business model announcements were made there were dramatic upturns only to be followed by troughs where CNCG was trading for much less than half a cent. That fact will also tie in directly to the CNCG reverse splits I referenced last night here on my posts. Follow along.

I had the overriding thought that if CNCG was going to really make it as a viable company, it could not do it with eight or nine figures of shares either issued or not as found in its filings. I knew that at some point they would have to reduce the number of shares to create the value needed to propel them upward or forever stay on a pink sheet. Its only common sense market economics.

With this fully in mind, I luckily was out of all CNCG in March, 2014 and stayed out, thus avoiding all the reverse splits. I count this decision as one of my many blessings. I had/have too many other things to trade to allow myself to go to the well one too many times. I did not get back in again to CNCG until it was less than a dollar and above following the post-splits.

And as you know I got completely out of MGLD (formerly CNCG) on the morning of March 11 of this year in yet another serendipitous liquidity event via the NYSE uplisting news. As of now I'm again in a cautious bargain-searching mode with MGLD.

How the directorship of CNCG at that time in the earlier 2000's could let things get so far out of whack with printing/authorizing so many shares is inexcusable. The ensuing reverse split moves harmed so many other trusting people by having their investments disappear.

NOW perhaps you understand a bit more about the severity of my words directed at them here last evening.

[streetwise2021]

I have one more thing to add to what I just posted:

When MGLD Mssrs. Gerber, Neibert, Yu and whoever else is still around from that era can summon the courage and have the stomach to address the older stockholders I referenced who suffered through a combined 1-for-300 reverse split debacle with their CNCG holdings and then be willing to offer THOSE folks specifically a heartfelt explanation and apology in appropriate humility, then at that point they might start to look like the kind of men they would like us to believe they are.

Care to try, gentlemen?

[streetwise2021]

At the end of paragraph #4 of MGLD's most recent quarterly release (see DrD's earlier post for the sec.gov report), Nicholas Gerber says: .......To those shareholders who have been with us since 2002, thank you for your patience.”

All I have to say in response to his expression of gratitude is: "No need to thank me, Mr. Gerber. CNCG/MGLD has made me a lot of money at various points. Yes, I've most surely been with you since the 2000's during the times when it was right to BUY CNCG/MGLD, and I've most definitely not been with you during the several times when it was in my best interests to SELL.

I will however accept your gratitude on behalf of those poor, faithful, supportive and long-suffering shareholders who did not know the importance of, nor did they have the necessary foresight or experience to know when to properly employ EITHER STRATEGY."

THOSE are the ones who suffered huge capital losses from the 2 big reverse splits you authorized. THOSE are the real ones from whom you and the rest of the CNCG/MGLD directors should seek forgiveness for your actions.

[DrD]

Quarterly earnings still positive, could be better, other projects pending

Total assets continue rising.

Stockholder's equity increasing.

The Company remains essentially debt free.

Marygold fintech services pending launch in US. Launch in UK to follow.

Tiger Financial acquisition still pending

New commodity funds at USCF pending launch

https://www.sec.gov/Archives/edgar/data/1005101/000143774922012673/ex_376247.htm

$MGLD
https://themarygoldcompanies.com/




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[DrD]

USCF's Battery Fund still waiting for launch

Today's filing delays this one into June.
https://www.sec.gov/Archives/edgar/data/1597389/000117120022000247/i22306_etf-485bxt.htm

USCF's ESG Dividend Income Fund still pending too
https://www.sec.gov/Archives/edgar/data/1597389/000117120022000035/i22061_etf-485apos.htm

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/




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[streetwise2021]

In the spirit of being totally fair concerning BOTH sides of issues involving MGLD, did any of you see at the top right of the I-HUB MGLD log-in page that for roughly the last 4 days MGLD has hit a downwards 5-year price breakout?? Now, THERE'S news worth sharing with ya!

But, my God in Heaven,......why didn't someone we know already stay true to form and copy that very news item here that underscores this as a truly relevant MGLD issue? What happened? I was hoping they would have beat me to it tonight, but nary a peep so far.

In any case, don't lose hope, you MGLD diehards. See if now or at a still lower level is conducive to adding to your positions, if you have a mind to. Right now the "Old Walkdown Routine" with MGLD is holding sway as usually happens with these lower priced stocks.

I have my own game plan as well as my trusty stock playbook to refer to. You should have yours. We'll get our sizable jumps in time.

[DrD]

$USO NAV ready for another dash over $3B level

USCF $USO
https://www.uscfinvestments.com/uso

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/




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[DrD]

$UGA NAV breaking records again, second this week

Setting up for continued high earnings going into next qtr.

USCF $UGA
https://www.uscfinvestments.com/uga

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[streetwise2021]

I hope that you MGLD folks cannot help but see the tremendous diversity available as the markets boil with opportunities to be either long/short daily on specific stocks/ETF's or via their corresponding option contracts.

MaryGold Companies should not be your only concern. It isn't mine and will never be. Look you MGLD people, broaden your knowledge and then you'll be on this board solely as a bit of momentary evening diversion or recreation after a successful market day foray like I am. Then you'll be living La Vida Grande as we all wait for MGLD to rise instead of just following a few posters here who seem to be doling out highlighted links for the purposes of maybe only pacifying themselves? You tell me how you feel.

Think about it, you MGLD amigos!

[DrD]

USCF's $UGA NAV now at a multi-year high

$UGA
https://www.uscfinvestments.com/uga

USCF is a subsidiary of MGLD.
Several funds from USCF have reached new highs over past few months.
A big piece of MGLD's earnings come from USCF. As the total NAV rises on each fund so do the collected fees..

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/





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[streetwise2021]

Let me add that if it is any of you MGLD stakeholders who are part of this board and are selling your shares at this point, please tell me WHY???

Good night. See you next week and a Happy Mother's Day to all of you muthas.

[streetwise2021]

Picked up another 53,000+ MGLD shares in the last three days between $1.21 to $1.27. I did this to lower my cost average per share to $1.415, which is reasonable.

Not sure if MGLD will break below the $1.20 price point, but I am cautiously ready if it does. Yet, there is no pressing need for me to buy more even at lower levels. I don't mind holding a decent six-figure number of MGLD shares @ $1.415 considering all the factors.

Anyway, I don't cross or refuse to cross bridges that are still on the horizon.

BTW, is it any of you readers here that are doing this selling?