Gem Diamonds Share Discussion Threads

[thesloth2] 11/3/2021 08:40

Can buy 5000 @60.2 with HL...........

[csmwssk12hu] 11/3/2021 08:26

Filling an order as you can sell as much as you want but can’t buy any

[csmwssk12hu] 11/3/2021 07:23

So despite been closed at the start of the pandemic, cash $44.8m better off than last year, initial 2.5c dividend to be paid, more high value diamonds than ever before, more money per carat, diamond sales at de beers up over 50% last month, eps gone from 5.1 to 12.1 per share, no longer any debt and $36.2m in bank, at current share price if they had even just the same year next year(unlikely as sales and prices of diamonds are rising) they would have nearly the entire current mcap sat in the bank in cash, way undervalued imho dyor

[csmwssk12hu] 10/3/2021 19:27

Less than 400,000 shares traded today and that gets us to 60p, clearly no appetite to sell at this level, if the results are even half way decent and we get volume these are going through the roof, imho dyor

[catsick] 10/3/2021 11:34

Its difficult to see how the results could be bad enough to justify the current valuation, all the evidence would suggest a healthy business generating huge cash flow the share price indicates some sort of train wreck they are still dealing with

[plentymorefish] 10/3/2021 08:55

Difficult to buy this morning.......here's hoping to good results tomorrow!.....

[csmwssk12hu] 10/3/2021 08:52

Look at that graph now, when results come out tomorrow should let full market see potential here then in coming weeks should keep the momentum going imho dyor

[catsick] 10/3/2021 08:11

Looking good

[csmwssk12hu] 10/3/2021 07:25

De beers diamond sales up over 50% in last cycle see Anglo American rns today

[davethehorse] 09/3/2021 18:15

Looking good pre full results :-)

[plentymorefish] 09/3/2021 15:54

On the move?......

[csmwssk12hu] 01/3/2021 07:13

Wonder why they are telling us that first thing on a Monday morning? Takeover to follow possibly? After reaching new high 12 month high on Friday on strong volume as well?

[davethehorse] 26/2/2021 13:32

Bit of selling pressure at 52-53p but likely to be short lived imo

[csmwssk12hu] 26/2/2021 13:08

It went up Dave!

[davethehorse] 26/2/2021 11:39

Hence why I'm keeping quite :-)

[csmwssk12hu] 26/2/2021 11:13

Well there’s something happening because that buy price keeps climbing without any trades which says they are trying to fill an order at a higher level imho dyor

[csmwssk12hu] 26/2/2021 11:12

Come on that’s not fair lol

[tresham] 26/2/2021 10:58

The share price always fall when people post here. Dave posting causes the biggest fall!

[csmwssk12hu] 26/2/2021 10:53

Dave you still here? Who else is here?

[csmwssk12hu] 26/2/2021 10:34

Well some are throwing caution to the wind today, there’s been two sells of three shares each and one buy of 10 shares amongst all the decent size trades, would think the fees would not cover it

[csmwssk12hu] 26/2/2021 10:11

They have been sitting around 50p for a few months so if anyone wanted to unload they have done it and now the buyers appear to be taking over, I’ve not seen it go above 54 since I have held and if they are pushing new highs on little volume tells me no one wants to sell so on good volume they would fly imho dyor

[plentymorefish] 26/2/2021 10:09

Phew....and breathe!..... ;)

[csmwssk12hu] 26/2/2021 10:09

The trading update was fantastic, the profit is unreal, gone from 6m in bent to 30m plus in cash in one year with a 75m mcap it’s just a silly cheap share price at the moment imho dyor

[csmwssk12hu] 26/2/2021 10:07

Oh that’s funny my mistake 35m

[plentymorefish] 26/2/2021 09:56

I hope they've generated more than $35 this year but wtfdik!....;)