SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (20615)2/11/2005 10:40:04 PM
From: Spekulatius   of 78745
 
Bought some GMAI -
auction house for stamps and coins. Somewhat controversial (high short interest) due to arm lengths transactions with their majority share holder (72%) with Afinsa. While revenue with related parties is always a concern, so far this seems to work out great for GMAI and Afinsa does pay their bills, as is evident from GMAI's cash flow.

Thread from Ebay is overrated, coils and stamps are difficult to value and easy to falsify so no serious collector would buy from a nameless person via EBAY IMO (I have been stamp colector myself). GMAI's valuation is very attractive:
finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext