Summary
In this report I will briefly go through the results of A-Mark Precious Metals (NASDAQ: AMRK) and Manolete Partners (LON: MANO). For those of you new to the blog or unfamiliar with these names, I recommend first reading my report on each of them on these links: of A-Mark Precious Metals and Manolete. Nevertheless, here is a brief explanation of both businesses: of A-Mark Precious Metals is a firm that sells gold, silver, platinum, and palladium bullion numismatic coins and related products. Manolete Partners is a specialist insolvency litigation financing company. They fund or buy insolvency claims.
I wrote a report on every medium sized gold company worldwide & AMRK on June the 11th of this year. Since then, AMRK has delivered just over 22% in shareholder returns plus $0.20/share in dividends and $22.4 million in share buy backs. Manolete has not fared so well, since I wrote my report on March the 27th it has gone up just over 4% and since I write my last update on April the 19th its down 15.25%. As of today (3rd of March) I am down 5%. Both are top picks of mine, meaning they offer large upside potential with plenty of downside protections. Manolete is a particularly good opportunity, and it is my largest investment.
Manolete has reported a profit for the first time since 2022. And A-Mark Precious Metals has reported a record high revenue.
Any feedback is more than welcome in the comments, or you can send me a message on Substack or through my twitter (X) account @AAGresearch.
As always, I want to thank my girlfriend Yeimy, who has helped me a lot while I was writing this by myself. This report and this blog would not be possible without her. Thank you.
I hope this finds you well,
Alberto Álvarez González.
For the full report you can visit my free blog at: https://open.substack.com/pub/albertoag/p/update-on-amrk-and-manolete-partners?r=3hhq06&utm_campaign=post&utm_medium=web
Disclaimer: I assume no liability for any and all of your actions, whether derived out of or in connection with this information or elsewhere, and you hereby warrant and represent that any and all actions that you take or that you may take at a later date in connection with this information shall remain your sole responsibility and, in case, I shall not be held liable for any such actions.
