Gem Diamonds Share Discussion Threads

[davethehorse] 20/7/2023 13:28

Hello...someones adding a few here...

[lloydypool] 14/7/2023 11:40

You'd like to think no fund raise at these prices but who knows.

Hopefully that yellow diamond can alleviate any short term cash flow worried, it must be worth several million? The share price here is always a mystery but at current price it looks like the markets is betting on major cash flow issues ... I'm always surprised someone doesn't come and buy it on the cheap.

[davethehorse] 14/7/2023 11:12

Now £25m market cap!! Are they to raise funds maybe??

[davethehorse] 14/7/2023 11:07

Diamond Index continues to fall and so does GEMD, unlike PDL which is on the rise?? What does that tell you?

[davethehorse] 10/7/2023 13:11

Barclays cuts Gem Diamonds price target to 24 (30) pence - 'overweight'

[davethehorse] 07/7/2023 12:11

Wonder what the share price will be then....any guesses??

[lloydypool] 06/7/2023 16:25

The entire market is selling off, I think people are just thinking buy safe short gilts for 5.5% yield and buy equities later. There's likely some bargains for the brave but more pain before the worm turns.

[davethehorse] 06/7/2023 15:11

The big yellow hasn't stopped the dismal fall here...WHY...??

[davethehorse] 04/7/2023 15:14

Diamond market still dire it seemshttps://rapaport.com/press-releases/diamond-prices-fall-as-retail-slump-continues/

[davethehorse] 03/7/2023 19:58

Oooohhh, big yellow stone...

[davethehorse] 29/6/2023 10:39

Now that would be Entertainment...;-)

[davethehorse] 29/6/2023 10:38

Or swallow the Bitterest Pill...

[davethehorse] 29/6/2023 10:37

They need to Start! the buy backs...

[davethehorse] 29/6/2023 10:34

Shoot the board with some Eton Rifles...

[davethehorse] 29/6/2023 10:25

They need to go from open pit to underground very soon due to the ever steepening pit angles now...and it will be expensive...

[mindthestash] 29/6/2023 10:20

Apart from being in a Jam with Gem I not sure I understand that one

[davethehorse] 29/6/2023 10:00

....Apart from the dire state of the natural diamond market....

[davethehorse] 29/6/2023 08:55

Can only think its spectre in the shadows that's been lurking a while....going underground....

[mindthestash] 28/6/2023 22:43

Not a good analogy. Last MD. com was unproven and not profitable in a land grab. GEMD is profitable in an established asset and market. It's now on a PE OF 3.5. Go figure at that PE what's the problem? I'd really be interested in your analysis of why that is.

[davethehorse] 28/6/2023 16:33

Looks like it's not there yet based on this selling pressure

[davethehorse] 28/6/2023 16:16

The time to buy is when it capitulates, just need to know that point...

[davethehorse] 28/6/2023 16:14

Many moons ago...remember lastminute.com?

[extrader] 28/6/2023 16:11

Hard to imagine these were nearly 1000p post IPO...

[davethehorse] 28/6/2023 15:47

Diamonds look a no-go zone in the short term imo