Goldmoney Shares: Getting Paid to Wait
The following is not investment advice, just a quick few personal observations.
A writer on Seeking Alpha just put out an outstanding article on Goldmoney the stock.
Read the full article : https://seekingalpha.com/article/4309550-goldmoney-low-risk-precious-metals-play
This is a very balanced article and both positive and negative points are brought up with respect to Goldmoney as an investment vehicle.
Perhaps the most important part of this article to me is the observation of just how cheap Goldmoney is. The author points out that Goldmoney shares are trading SIGNIFICANTLY BELOW BOOK VALUE.
https://www.investopedia.com/terms/b/bookvalue.asp
This means that you are not only essentially getting the company for free by buying the shares, you are getting it for -23% better than free.
Most of time a Company trades at a premium to book value. Buying shares at a price less than the breakup value of the company might be seen by some as a very very good deal.
Need some icing on that cake?
Goldmoney now pays a gold linked dividend based on the current gold price.
Coming off the best quarter in Company history there are some compelling reasons to take a close look at this stock as a long term vehicle for gold exposure.
Please take the time to read the full Seeking Alpha article for further detail:
https://seekingalpha.com/article/4309550-goldmoney-low-risk-precious-metals-play
Check out the investor presentation:
Earn $5 in Mene credit for signing up for Mene with this invite link:
Or just scan this with your phone camera:
Investor Presentation: https://mene.com/investors/docs/Investor_Presentation.pdf
Check out my instagram:
https://www.instagram.com/p/BxcsiABhzzv/?igshid=ozavtepl1r2f
Earn $5 in Mene credit for signing up for Mene with this invite link:
To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters
Sign up for Splinterlands: https://steemmonsters.com/?ref=goldmatters
Jewelry Worth It’s Weight in Gold:
Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney\Mene allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
See Steemians unbox Mene:
Great. Thank yoy for the informative post. It helps alot
Thanks !