Gem Diamonds Share Discussion Threads

[davethehorse] 01/2/2022 10:47

Diamond prices very healthy as is GEMD but the share price could do with a share tip or something to stimulate interest. The BoD are useless at that...http://www.idexonline.com/FullArticle?Id=47359

[spooky] 01/2/2022 09:20

Mostly sellers this morning. That has me slightly confused. Update appeared to clear up a number of concerns and the underlying diamond price continues to be very strong. Bizarre.

[davethehorse] 01/2/2022 09:20

Def a buy and hold for 2022, cant see why you would want to sell GEMD on the update news, last year the shares traded flat on the Q4 figures then rose strongly on full year results in March, when the divi was announced. Could be similar this year. Very strong diamond market which is continuing to strengthen in 2022. GL all holders.

[davethehorse] 01/2/2022 08:33

Great results but wasted in this market. However the solid results bode very well for 2022 and beyond.

[bad gateway] 01/2/2022 07:47

Rather pleasing, glad we held.

[swinsco] 01/2/2022 07:39

From $11 mill debt to $20 mill cash in a quarter is outstanding and shows the impact of rising diamond prices. Think I'll keep these shares along with my PDL ones.

[davethehorse] 01/2/2022 07:28

Looks great to me too. Very solid Q4 as expected and great increase in $ per carat prices. Going into this year they are very well placed! $20+ million cash and no debt, ever increasing diamond prices, Ghaghoo sale still on just delayed, just need a few more whoppers digging up this year, they did those figures on a low 100 carat + year, only 6, due a much better 2022 in that regard.

[swinsco] 01/2/2022 07:10

Looks bloody marvellous to me!

[davethehorse] 31/1/2022 16:11

Very low key day for GEMD pre Q4 update, should be a good set of figures but the detail will be when the full results get published in March. Hopefully another divi announcement...

[davethehorse] 28/1/2022 18:45

Yup a few late buys reported again though....well dodgy today...

[davethehorse] 28/1/2022 12:10

https://www.mining.com/web/theres-a-buying-frenzy-in-cheap-and-tiny-diamonds/

[davethehorse] 28/1/2022 11:54

Lack of large stones in the last 12 months might be a negative but the quarterly update financially should read well. The bread and butter stones of 10 to 60 carats will have done well, plus the smaller stuff. If they do resume finding a dozen 100 carat stone a year in 2022 it should be going much higher than this

[swinsco] 28/1/2022 11:41

By the looks of it, the market not expecting much on Tuesday. Going by other company results and the big rise in diamond prices, I'm expecting a stupendous update.

[davethehorse] 28/1/2022 08:23

The surge in diamond prices continues...

[davethehorse] 27/1/2022 09:47

Must be due another big stone announcement, timing is everything with GEMD, come on, a big stone and exceptional Q4 update next week

[davethehorse] 26/1/2022 13:21

Yup don't follow short term bed wetters, keep the faith.

[davethehorse] 26/1/2022 13:14

Lift off imminent...

[davethehorse] 26/1/2022 13:06

Further large late reported trades, funds topping up?

[swinsco] 26/1/2022 11:17

Come on Gemd, get those legs working, you've an update on Tuesday.

[davethehorse] 25/1/2022 17:57

Nice late reported Buy trade of 167k shares

[davethehorse] 24/1/2022 12:37

Another top up chance...

[spawny100] 21/1/2022 12:01

Chunky div here. Is there any withholding tax on it? Apologies if question been answered many times already.

[lloydypool] 21/1/2022 11:52

With almost everything down today I will be impressed if this can some how keep above 50p! Would certainly bode well for next week.

[swinsco] 21/1/2022 11:43

Sounding good.