Diamond Life. Share Discussion Threads

[ntv] 19/2/2007 21:50

i've sold a few today for an excellent return
there has a lot of interest in the last few days ,i did wonder whether it had been tipped somewhere

[topvest] 18/2/2007 15:47

Nothing specific. It's just that following the reverse takeover costs have increased (as per the AIM prospectus) and so a period of consolidation may be due. Admin. costs will increase as will interest costs with the debt element of the financing. The company looks strong though. Share price has moved up since I sold, so I may have sold too early!

[tiltonboy] 17/2/2007 22:04

topvest,

Why do you think there is more downside risk than upside?

What do you know about the prospects of Diamond Life?

tiltonboy

[topvest] 17/2/2007 21:31

Yes, seems to be heading up. Still think there is more downside risk than upside at the moment and so a good opportunity for me to take my profit. The group does look interesting though and the reverse takeover was much better than most. Good luck to those that remain!

[tiltonboy] 13/2/2007 15:42

topvest,

I've actually added to my holding. I think these guys aretrying to build a larger entity, so I'm sure we will some acquisitions along the way.

Some decent turnover today.

tiltonboy

[topvest] 12/2/2007 17:09

Decided to sell mine. Bought originally at 2.9p and so not a bad return. Looks a reasonable company post reverse, but always a bit of downside risk on these and so decided to take the profit. Good luck to those that remain!

[ntv] 08/2/2007 11:08

price 5,25p

[lord c.] 23/2/2001 09:13

Lord C.Aquila

Thanks for that - Oldtimer is an old mate!

Drummond up again today, same question why are 74% holders Chargeurs still buying more shares? it can only mean one thing.....every share bought now means less to pay when they buy the rest later.
I have never found liquidity a problem.

Best wishes

Lord C

[aquila] 22/2/2001 14:59

Lord C - there's a chap called "oldtimer" on etrade who has long been a fan of these - I've always steered clear because of the chart, guess they're too illiquid to trade ?
regards,a.

[lord c.] 22/2/2001 14:50

Chargeurs make another announcement - back in the market buying again and heading for 75% holding.
Am I the only one reading this to mean Drummond are heading for the AIM exit door?
One thing's for sure, any offer will be at more than the current depressed market price (and they can pay for it out of the petty cash).

Lord C.

[lord c.] 22/2/2001 09:13

more interest today......

[lord c.] 21/2/2001 15:00

Chargeur the massive French textile company who own 74% of Drummond were in the market buying last week (they have the company by the proverbials so why would they want to do that?) -This follows large recent non exec director purchase.
The price is not far from an all time low.More purchases today and up again.
Logic tells me that this company won't stay quoted for long......