Ghinsberg Report - War Strikes GBH Profitability!
Ghinsberg Holding
This is a announcement regarding upcoming dividend. As of lest share holders meeting dividends are decided to be reduced to 50% of previous rate in order to prepare for V2. Due to the last weeks warfare in eSweden our companies have been runing on a vary low profit. Trading embargos have struck our weapon divison, especially since a trade embargo with Spain have been raised. Both Arms and Gifts divisions sold most of their good on that market. Hopefully this mess will end soon.
I want to deliver this message as soon as possible. The next dividend will most likely be cancelled. I connection to that payout next shareholders meeting is held and future dividends will be decided then. Our goal is to return to previous levels.
Kind Regards
Yossi Ghinsberg
Chairman
Ghinsberg Holding
Comments
Well I hope we can get those back up. I will have to buy some shares again because unfortuantly I accidently sold GBH shares instead of some other ones.
We will, i woudn't worry. These are exceptional circumstances. eSweden economy is mad, currency is extremly weak. Though as soon as the region swaping is done we should be fine.