Cape Eu-eur Discussion Threads

[vermilion1966] 12/12/2006 18:36

This from today's Daily Telegraph:-

"Cape Diamond sold a 28-carat, its first sale to an international buyer since listing in London in May."

[quixquote] 08/12/2006 16:16

Andy, nice to chat yesterday. Funny friends you have; one of them seemed clever & well informed; beat him in pool or cards or something, repeatedly, before you ask him amy questions!

[andy] 03/12/2006 12:33

oakman69,

Sadly, without a PR company, you can only email that question to Cape and await their response!

[oakman69] 03/12/2006 10:22

Does anyone know when the interims are due out? or is this another example of poor company communication

[andy] 16/11/2006 09:02

maty,

I think there are still too many unknowns here, and the total absence of any PR only hinders the cause IMO.

They need to become active in the city, appoint a PR company, and do a couple of investor presentations, IMO.

I doubt they would do Minesite after the article posted above, but Mining Journal's 20 20 have a diamond day forthcoming, and there are other opportunities to present open to them.

[maty] 16/11/2006 07:54

looks like the turnaround and stock overhang has been cleared, upwards from here I hope

[kingfast] 15/11/2006 10:34

Thanks Cape for for a nice little earner, in at 1.135 before the close, out at 1.255 before 10.00 a.m today

[derrick edwin] 25/10/2006 10:24

I have been given to believe that some Diamonds and other gemstones,are used to fund wars and terrorism .What does your establishment do or your views on this aspect.?

[vermilion1966] 10/10/2006 08:52

Worth re-reading the piece by Minesite -

[vermilion1966] 10/10/2006 08:51

Perhaps they could tell us if Baret are responsible for building their website - maybe they have been too busy...

[vermilion1966] 10/10/2006 08:50

Why still no website - do they not want to keep their s/holders & other interested parties informed of who they are, what they do etc?

[vermilion1966] 10/10/2006 08:37

AGM 1st Nov. @ 19-20 Grosvenor St, London 10am - anyone going? Good opportunity to ask some questions, like:-

Why has there been no communications from the board since IPO, despite share price more than halving?

Why do they not return calls from s/holders?

Who are 'Baret', the PR company Cape are paying £200,000 per year?

For doing what? (as they are called 'Baret Communications what have they been doing for the past 6 months - certainly not communicating)

Who owns it; etc. etc.....

[hectorp] 06/10/2006 07:37

'CApe Diamonds.. could really rally here' todays press. I've no other details.
- on close watch list.

[vermilion1966] 18/9/2006 09:32

The shorts have been having a field day woth this since IPO. Management need to get their act together.

[decoy] 12/9/2006 12:01

Another large trade, 50k bought and still no movement in price - what will it take to send the share price north?

[decoy] 11/9/2006 22:33

40k shares purchased for £50k and the price drops slightly - would have expected such a purchase to have moved the share price forward not backwards.

[andrbea] 08/9/2006 12:27

chart of cape this year reminds me of another African diamond producer, nbr



maybe the 'upbeat' forecasts they're issuing just aren't working?

or the diamond sector needs a re-valuation?

nbr said 28.8.06

Namibian Resources FY loss narrows as it gives upbeat current year forecast

LONDON (AFX) - Diamond mining company Namibian Resources PLC expressed
optimism for the current year as it reported a sharp fall in its loss for the
year to Feb 28, 2006.
Full-year losses narrowed to 64,373 stg from 2005's 490,844 stg, as turnover rose to 484,003 from just 29,633 stg.
The company said that although inherent uncertainties in the mining industry "make it impossible to predict when the company will become profitable," it expects to make a profit "in the forseeable future."
"The current financial year has started extremely well and we look forward
to making further progress," chairman Lord Sheppard said.
Namibian said its cash resources are 488,755 stg against 217,972 stg in
2005, adding that it currently has no borrowings.
Basic loss per share narrowed to 19 pence from 1.60 stg last year.

[andy] 08/9/2006 12:20

Decoy,

"doesn't seem to have done much for the share price though. Time will tell."


Exactly, the absense of some finer detail hasn't been lost on the market.

CAPE look interesting, but they need to appoint some PR IMO.

[andrbea] 08/9/2006 11:55

cape mentioned here too

[decoy] 08/9/2006 11:52

Well I belive the statement is quite clear re the "well ahead of the Board's original expectations" comment - doesn't seem to have done much for the share price though. Time will tell.

[andrbea] 08/9/2006 10:19

Agreed

The MGT need to describe the project in more detail
newsflow and PR need a major overhaul...

[andy] 08/9/2006 10:16

decoy,

I cannot see this doubling back to the original float price.

A 50% drop needs a 100% increase to retrace.

"well ahead of expectations" will have to be expanded upon before we see a significant rise IMO.

[robertfuge] 07/9/2006 15:38

hope you guys are right.. still need convincing.. 119 is a hell of a way from 235

[decoy] 07/9/2006 14:17

I agree, the company is already "well ahead of the Board's original expectations", and the chairman has bought in the market at 140p and 146p. All positive stuff. A little press this weekend might put this company on the radar and get it noticed.

[andrbea] 07/9/2006 13:29

I agree Decoy

the latest rns has changed the picture completely (looks very positive now)


this is how dire things were yesterday (before the rns)

Cape Diamonds, which peaked at 235p soon after coming to the market in May, continued to slide. Market makers said a large seller was in the market, forcing the price down another 9p to 108.5p. Cape is yet to make any kind of formal statement regarding its share price, and traders are rapidly losing what little faith they had left in the group.