Gem Diamonds Share Discussion Threads

[davethehorse] 05/6/2019 11:36

Could be time to top up with a few cheap shares at this price, can understand some shareholders losing patience but can see GEMD being a great investment longer term at these levels.

[davethehorse] 04/6/2019 15:33

Looks like some of the larger shareholders want a shake up of management. Can't blame them, where is the money going?

[momentum1] 15/5/2019 14:45

Im in. Looks good.

[ukgeorge] 15/5/2019 14:08

chart looks good downtrend broken

[davethehorse] 15/5/2019 14:07

Ticking up now, someone building a large stake?

[davethehorse] 13/5/2019 12:02

6.5m shares gone through the market in GEMD - news imminent?

[davethehorse] 08/5/2019 13:06

Looks like a floor being formed for the shares at this price though and surely these are very undervalued. Will add more at these levers.

[ukgeorge] 08/5/2019 12:43

they really do talk some bs, how about instead of the below statement they actually tell the mkt what they are doing.

The Group remains on track to achieve its cumulative target of US$ 100 million in incremental revenue, productivity improvements and cost savings for the 4-year period to end 2021. Initiatives that have been implemented up to the end of the Period are expected to deliver over US$ 80 million of the targeted US$ 100 million.

[thevaluehunter] 08/5/2019 10:13

Cash position down again.

[davethehorse] 08/5/2019 09:04

Solid 1st quarter thought shares would have responded with a few pence up to be honest

[davethehorse] 07/5/2019 09:07

Q1 update tomorrow, fingers crossed for a positive outlook

[davethehorse] 18/4/2019 14:29

Some bigger trades today, looks like there was an overhang to clear at a price?

[davethehorse] 15/4/2019 13:32

Think the 2nd half is expected to be more productive than the first, if so going forward and with diamond prices showing signs of recovery looks a decent opportunity at 88p but thought that in the 100 to 110p range.

[ukgeorge] 15/4/2019 13:17

I got back out again. Been buying too many centamin, something that is doing as equally bad as these.

[haywards26] 15/4/2019 12:42

I have been thinking the same for the last 10 years. I continue to believe and hold :)

[davethehorse] 15/4/2019 12:29

GEMD shares are looking very cheap long term at these prices if your prepared to buy and hold, at least double bagger potential within next 2 to 3 years IMO

[davethehorse] 12/4/2019 16:41

Another downgrade the reason for the fall:

Barclays Capital today reaffirms its underweight investment rating on Gem Diamonds Ltd (LON:GEMD) and cut its price target to 90p (from 115p).

[davethehorse] 11/4/2019 18:58

Diamond prices for rough and polished strengtheninghttps://www.thediamondloupe.com/market-analysis/2019-04-11/antwerp-diamond-trade-picks-march-polished-prices

[davethehorse] 11/4/2019 14:27

Let's hope the next update for Q1 is nice and positive. Hopefully news on the sale of the mine, lease extension, good 1st quarter finds/sales, possible share buyback news etc.

[davethehorse] 03/4/2019 23:25

03 April 2019 - Gem Diamonds: Canaccord reiterates buy with a target price of 120p.

[ukgeorge] 03/4/2019 16:35

be good to know what the last yellow sold for

[davethehorse] 03/4/2019 16:26

The stone reported the other day on the website is the biggest yellow for two years at Letseng, see link below. Another very valuable findhttps://www.thediamondloupe.com/mining-and-exploration/2019-04-01/gem-diamonds-unearths-134-carat-yellow-stone

[davethehorse] 03/4/2019 10:55

A few decent sized trades going through the market today at 93p

[ukgeorge] 02/4/2019 12:18

Yes was just thinking the same, 26th April last year.