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Greg Manning, die kleine EBAY

Greg Manning Auctions, Inc. (GMAI) is a multi-category business-to-business and business-to-consumer collectibles auctioneer and merchant. GMAI combines traditional and electronic (Internet, interactive telephone and live with simulcast Internet) capabilities to sell coins, stamps, sports trading cards and memorabilia and affordable fine art. The Company`s businesses include wholesale and retail sales, and it possesses a branded presence in all major sales channels both in the traditional and the electronic commerce worlds. On the Internet, GMAI offers products through www.teletrade.com and on branded pages on other persons` Websites. In addition, GMAI and its subsidiaries own and use the following additional material domain names in their business: ivymader.com, sportscard.com, coins.com and spectrumnumismatics.com. The Company generates income through the resale of goods purchased directly by GMAI and from sellers and buyers through auctions of consigned goods.

http://finance.yahoo.com/q/is?s=gmai

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gibts keine Meinungen zu GMAI?

KGV von 15
Charttechnisch siehts erstklassig aus.
Und gerade jetzt im Dezember stehen noch einige vielversprechende Auktionen an, die für weiteres Aufwärtspotential sorgen sollten.

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Record Breaking Second Quarter Anticipated for Greg Manning Auctions, Inc.
Tuesday December 16, 10:52 am ET
Revised Guidance for Fiscal 2004 Targets Record Year


WEST CALDWELL, N.J.--(BUSINESS WIRE)--Dec. 16, 2003--Greg Manning Auctions, Inc. (NASDAQ:GMAI - News) announced today that, for its fiscal 2004 second quarter ending December 31, 2003, the company is forecasting $45-50 million in aggregate sales, $38-42 million in revenue and $2.8-3.2 million in net income, all potential records. These numbers compare with $23.5 million in aggregate sales, $19.3 million in revenue and a $1.0 million net loss for the second quarter of fiscal 2003.
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Due to the strong forecast for second quarter, the company`s guidance for fiscal year 2004 has been increased. Aggregate sales for fiscal 2004 are now forecast to grow to $170-175 million, compared to the previous estimate of $165-170 million and to $118 million in fiscal 2003. Revenue is now expected to reach $140-145 million, compared to the previous estimate of $138-$140 million and last year`s level of $101 million. Net income is forecast to grow to $10-11 million, compared to the previously announced estimate of $9-10 million and last year`s net income of $2.8 million.

Greg Manning, First Vice Chairman, CEO and President, commented, "October and November both exceeded our internal projections as auctions held company-wide in Europe, Hong Kong and the United States were successful beyond their pre-sale estimates. In addition, our sole source contract to supply stamps and coins to Afinsa Bienes Tangibles, S.A., our major shareholder, has also exceeded projections. The rare coin market continues to be favorably impacted by the strong price of gold bullion, and the demand for rare coins has continued to increase, thus creating greater sales for Spectrum and Teletrade, our coin-related companies."

Mr. Manning continued, "In addition to the two to three 1000-lot auctions we conduct on-line at Teletrade every week, our third quarter auctions will include four major philatelic sales in January. These include the largest auction held in the past 5 years by our German subsidiary, Kohler Auctions of Wiesbaden and Berlin. This one auction will include over 8,000 lots. In addition, our other major auctions will include an Ivy & Mader Philatelic Auctions sale in New York City and two important sales in Hong Kong.

"Historically, the second half of our fiscal year, which ends on June 30, has outperformed the initial six months. We believe that GMAI is well positioned to continue our unprecedented growth and profitability, as previously forecast."

Approximately 25-35% of GMAI`s revenue for fiscal 2004 is expected to be attributable to revenues generated under two agreements with Afinsa Bienes Tangibles, S.A. of Madrid, Spain. One of these contracts is with GMAI directly and the other with its wholly owned subsidiary, GMAI Auctentia Central de Compras, S.L. (CdC) Under these recently signed agreements, GMAI and CdC will act as exclusive suppliers of collectibles, primarily stamps and coins, for Afinsa on a worldwide basis.

Afinsa is the parent company of Auctentia, S.L., the majority shareholder of GMAI. Afinsa is engaged, among other things, in commercial and trading activities involving collectibles throughout Europe, and has business relationships with a substantial number of long-term clients, the ultimate purchasers of the goods to be provided by GMAI and CdC. Under the five-year agreements (which are terminable by either party upon notice after the first year), GMAI and CdC will both sell directly to Afinsa as well as act as agent for Afinsa in procuring requested material. Afinsa has agreed to pay a commission equal to 10% of the aggregate purchase price of all goods supplied by GMAI and CdC to Afinsa during the year. It is estimated that these contracts will generate $200 million to $250 million in revenue to GMAI over the term of the agreements.

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[Ruckizucki]

Es geht wieder aufwärts - wird ja auch Zeit

[Ruckizucki]

Die Freude war etwas zu früh - mal weiterschauen.

[Ruckizucki]

Es geht voran

[Dream]

na so langsam wird GMAI entdeckt.