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Spectrum Group International Inc. Message Board

  • dbtunr dbtunr May 14, 2013 3:49 PM Flag

    they made 2c in last qtr

    all of the operating profits can be gleaned from interest income. Take that out and these guys lost money. There is just no money to be made on selling gold/silver at 0.1% profit margins.

    The execs are taking out too much off the top. Take out their take and EPS probably more than doubles. That is huge. Roberts is a thief, pure and simple. He is stealing from shareholders

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    • so let me get this right. the company has almost $2 BILLION in sales and makes less than $1 Million in profits? and all of the profits can be accounted for from the interest charged to customer loans? So is this a metal company or a bank?

      And while all this needless swirl is going on, the CEO takes in millions in pay and stock options. I don't know who's worse, Ken Lay or Greg Roberts

 
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