[Updated] Ghinsberg Group News - Dividend to a total of 10% in November!!

Day 1,083, 09:02 • Published in Sweden Sweden • by Ghinsberg Holding


EDIT: Next Dividend will pe paid out as shares, (4 per 100) amounting to 6% Yield usingd today's (0.2G) shareprice. This is the higher than any share on teh Certified List. Cash dividends will be paid out at the end of the month as promised. We'r hoping for 4%, amounting to 10% in the upcoming month!

It’s time for a brief update on the Ghinsberg Group progress. As I have mentioned before economy as a whole seem to have surged, with weapons, food and currency prices are up. Much of this is probably due to the changes in war module that occured a while ago. Also EDEN and PHOENIX have fought a lot lately, stimulating the economy. Yesterdays event when admin give out huge amounts of Gold to senior players is rumoured to be large enough to deflate gold prices around eRepublik.

All this is obviously welcome news to GBG, as our stockpiles of good produced during the V2 depression have been sold out at nice profits. The ERX market which have been pretty much dead, is now back with the implementation of a Certified List. Investors regaining trust in ERX have made trading possible again, tough still not a significant income. However MM have been proved very profitable for a couple of weeks.



A while ago we announced that we would buy back shares, as we saw few other lucurative investements, and since our share was heavily undervalued 600 shares was bought. These shares can either be sold when there is a high demand for profit and that cash could be invested or paid out as dividends. Another option is divide shares amongst shareholders. If you’re a shareholder, please vote HERE. Shareprice is now up at high levels, around 0,2G per share, after have been trading at 0,1 for loger period of time. Listing value was 0.133G per share so we're up 50% , averaging 10% per months (last quarter) plus dividends.

EDIT: As of the votation i have decided the following. Next Dividend will pe paid out as shares, (4 per 100) amounting to 6% Yield usingd today's (0.2G) shareprice. This is the higher than any share on teh Certified List. Cash dividends will be paid out at the end of the month as promised. We'r hoping for 4%, amounting to 10% in the upcoming month!


Kind Regards
Yossi Ghinsberg
Chairman
Ghinsberg Group