Replies to post #71445 on JP 3E Holdings Inc (JPTE)

[Bangkok Bob]

Someone posted the tweet but I can't be bothered to find it again . I think the tweet was on the 27th

At any rate , if 18% was gross profit I'm betting they can net at least half of that

[Bangkok Bob]

He doesn't clarify

JP Energy Global commands 18% for its profit margin, while minimizing risk since there is no currency risk – all transactions are in US dollars. Many transactions have multiple buyers. JP Energy Global does not act as a broker, the margin on which can be as little as 1%.

— JP 3E Holdings, Inc. (@JP3EHoldingsInc) December 26, 2023