Ghinsberg Report - Current State of Affairs

Day 968, 11:10 Published in Sweden Sweden by Ghinsberg Holding
This is a message to all GBG shareholders, if you have any questions feel free to send them by PM or post as a comment. Make sure to subscribe to this paper to stay updated about GBG affairs in the future.
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In this Issue of Market Update I will give you a complete walkthrough of the current afairs of Ghinsberg Holding. I want to make all shareholders of GBG aware of that I will publish all Corporation specific news in Ghinsberg Report So, if you are a GBG shareholder make sure to subscribe to this paper. The reason is that I simply don’t want to spam readers who are just after ERX news with Ghinsberg Group company’s progress. But let’s talk about what we at GBG have been up to the last few weeks.


Progress
Since the merger of GBi and GBH there have been some serious changes going on. The company that once started with only a couple of hundred gold worth of assets are now worth ten times that much! The investor who bought shares on day one have received a total of 500% return in share price and dividend yield. I don’t think it would be an exaggeration to say that we are the fastest growing company on ERX! The goal announced a month ago of a Corp value of 3000G is no longer far away.

Because of all the bugs in the economic module all prduction are basically halted, though I’v expected this prior and thus I have been building up stock prior to V2, just in case if this event.

The Company Ratings and Market Updates will be back as soon as the API is fixed, though i might do something small this weekend. Stay Tuned!




Shareholder Meeting and Dividends

I will make an annuncement abot this soon, though i can give away that there will be a meeting soon, and that I will suggest a dividend payout. I will also recruit a Board of Directors, though all this will be explained in a separate article.


Current Business
The current structure of Ghinsberg Group sustains of the Holding and Investment branches. The Holding invest in regular eRepublik companies and the Investment part invest in ERX and provide financial services for companies and nations.


The Investment Branch
This branch main business is to scout and invest in good companies. We usually fund a new company in return for shares, these are either kept to collect dividends or sold of at once. We also have a regular trading business, where we just buy and sells hares straight of ERX though this have been scaled down in order to have cash prepared for investing in V2. The majority of shares held are high rated shares that we expect to resume dividends in V2. We also hold a small part of more risky shares such as DCM and SMF that easy could double if they resume dividends or raise Corporation Value.

We are currently working on taking a new company to ERX, we know the shareholder well and believe strongly in his business, we hope to be able to announce the candidate as soon as the API is working.

The Investment division is also responsible for the listing of a Swedish Bond on ERX. The Bond will be slightly different from pervious ones, and I think it can be a great success for all involved parts.
The new webpage is still in progress, and negotiations with ERX are on, though we have struck some problems. Due to the nature of the project I don’t wont to go into further details right now.


The Holding Branch

Gifts
Since the last news about GBG a lot have changed here. We have sold our Q1 Gift in eSweden, this was basically due to the good price we received. My general philosophy is that everything is for sale to the right price. Instead, we bought a Q3 Gift in eUkraine at a very good price, less than 90 Gold for the company with four licences.

Weapons
The old Q3 Weapon was sold while the common belief still was that all Weapon companies would be migrated as Rifle. We got a fairly decent price though we obviously might have acted different if we known about the possibility to migrate Weapon to Tanks or Artillery.
When the insider was released with this information we acted quick and bought a Q5 weapon at a huge discount, only 320 gold with a export licence to eUSA. The company is migrated as a Tank factory with max damage and attack, 10 durability and the rest on defence.

Moving Tickets
Over the last month we have stocked a large amount of Q1 tickets, in speculation prior to V2. If higher Q MT’s prove to be profitable in V2, which we suspect we will empty or stock and upgrade to suitable level. The eSwedish Government is also currently paying half of the cost for export licenser bought by Swedish companies. Our application is accepted and we have just purschase a LC to eSpain.

Iron
We have just bought a Iron company in Greece, even though we are uncertain what will happened in the future the company had a very attractive price. We paid 40G for a Q2 with two licenses, of these we have receive 20G back in the migration. Since all Raw material companies now are the same Q this might have some interesting implications. Importing will for example be a lot more time consuming unless the GM want to take the risk of using !!. Even with the donate-all !! it will be tough donating 1000 pieces of a raw material.

Grain
Old company, up and running as always. Was very profitable during the messy war and region swapping in Sweden a couple of weeks, since then price have fallen by 60% and therefore most producition since then have been stocked. If productivity turns out till fall with V2 this will probably turn out to be a good bet.


Reserves

With the removal of q levels we will receive (20 + 40) gold from Land companies. The most of cash reserves is held in Ghinsberg EQMM Org, and holds about 400G at present. Various ERX accounts hold 300G in cash and shares. Less liquid assets such as products and raw’s amount to 200G. In total pure cash amounts to about 700G, ready to be invested.

On top of this we have invested about 500G over the last few weeks up till V2. These are Helicopters, Tanks, and Iron companies, MT, Grain, Diamond and Oil stock. With the 700G cash reserves we hope to acquire one more Q5 (equivalent) when V2 plays out. The remaining will be used for financing and a direct investment for a newly listed company.

All in all, we are extremely financialy stable, with litterary moutains of cash ready!

Kind Regards
Yossi Ghinsberg
Chairman
Ghinsberg Group