Gem Diamonds Share Discussion Threads

[davethehorse] 28/6/2022 15:54

Sold his latest option but holding the rest according to the RNS

[a13878713] 28/6/2022 15:25

Hi Padooki, 1.95 dividend is the amount paid after conversion into my account.

[currencytrader1] 28/6/2022 15:24

Director is bailing out, don't think he's finished yet... Not good.

[davethehorse] 28/6/2022 10:23

Re bound from here, looks like a seller needed out creating a short term overhang, now cleared?

[padooki] 28/6/2022 06:12

Got my divi from IG last week. They paid 1.95 pence and are convinced it is the correct amount. How much did others here receive? What can I do?

[davethehorse] 23/6/2022 15:37

Looks like an overhang to clear imo

[davethehorse] 23/6/2022 08:01

Why are the company not buying shares at this level when they were happy to buy at 70p +??

[saracen3] 22/6/2022 10:37

Liberum comment today. De Beers continues to enjoy strong sales this year with $650m in Cycle 5, comparing to $604m in Cycle 4 and $477m in Cycle 5 last year. This has good reacross to other diamond names (Gem Diamonds BUY, TP 112p & Petra Diamonds BUY, TP 170p) that have been flagging on concerns of weak consumer confidence hitting sales. Whilst demand has been weak in countries like China because of lockdowns, US remains robust and Alrosa (30% of global supply) remains officially out the market, though there is speculation it is filtering through. We expect the market to bifurcate with exRussian diamond prices to remain elevated at high levels and Russian goods to substantially weaken as Europe and US customers demand proper provenance of goods

[davethehorse] 21/6/2022 16:53

https://www.thisismoney.co.uk/money/investing/article-10934605/SMALL-CAP-IDEAS-Pent-demand-diamonds-boost-small-miners.html

[davethehorse] 15/6/2022 11:15

Interest picking up again today...

[davethehorse] 15/6/2022 10:35

Back in for a few at 50p level. Back at a decent buy in price again now...imo..

[gotabsirius] 14/6/2022 22:52

Company has an EV of just over £50m. Have annual revenue over £200m and have just found 3 diamonds worth circa £20m. This company is extremely cheap but it's not the only cheap company at the moment. See large diamond market tightening significantly in H2.

[saracen3] 14/6/2022 09:29

Strong buy

[davethehorse] 14/6/2022 09:03

At the 50p level are GEMD a buy or sell? What are your thoughts holders? Contemplating getting back in soon at these sorts of levels having sold out in the 60s

[davethehorse] 13/6/2022 15:47

Have the buy backs ended?

[davethehorse] 13/6/2022 15:45

Looks set for the 40p to 50p trading range again

[davethehorse] 10/6/2022 20:31

Too many unknowns at the moment, agree it's going lower though...#undergroundcosts

[bobex] 10/6/2022 18:06

It looks like this one even cheaper next week . So, up to the next update.

[saracen3] 09/6/2022 08:32

https://www.mining.com/de-beers-rises-small-diamonds-price-amid-shortage/ shares are crazy cheap

[tresham] 10/5/2022 15:35

Following discussions with, and upon the request of, Botswana Diamonds, the Company has agreed to extend the long-stop date to 10 May 2022 to allow Botswana Diamonds to complete discussions with its selected potential funding partners. So I wonder what is happening?

[napoleon 14th] 07/5/2022 21:51

dave - by their admission, PDL's product gradesw were below par. That's the reason their cash take fell. It seems to have rubbed off here.

[bobex] 06/5/2022 13:11

And of course despite of the inevitable correction- the index is still high…

[bobex] 06/5/2022 13:07

So- by the ex-dividend day the share price will be … 69p and past that day 58p? Is that it? Because the share buyback program obviously isn’t working. I wonder if we can expect another dividend towards the end of the year. Wasn’t last year.