Gem Diamonds Share Discussion Threads

[ukgeorge] 05/2/2019 09:14

yes looking a bit better, zero debt, record amount of 100 ct stones, the only fear is that they are planning another attempt at M&A, which they have failed at multiple times.

[davethehorse] 05/2/2019 08:25

Looking good with 2 days until the update which will surely be good...

[davethehorse] 04/2/2019 16:26

Edging up in anticipation of results...

[ukgeorge] 01/2/2019 11:57

Fingers crossed :)

[a13878713] 01/2/2019 11:56

Results next thursday, hoping for divi!

[davethehorse] 31/1/2019 12:17

Have topped up again a few times at prices between 96p and 101p, fingers crossed for the update next week..

[davethehorse] 30/1/2019 15:26

Much bigger trades going through today, some stock changing hands at a price...

[ukgeorge] 30/1/2019 14:21

hope you are right. Roll on some cracking results.

[a13878713] 29/1/2019 23:55

We should first get a notification of trading update this week before results, market makers move this share up and down for no reason than to create interest because of low volume.

[ukgeorge] 29/1/2019 11:11

well last years results were 2nd Feb so not long now.

who knows what is causing the drop, general sentiment does seem to be pretty poor in the sector.

[ntv] 29/1/2019 09:55

spent a lot on so called cost saving

[ntv] 29/1/2019 09:53

like I posted on here a while ago
if you talk to the press and not to shareholders and tell that what you find first it doesn't go down well
Diamond market not good for run of the mill stuff
large liabilities re tax and government shareholding

[davethehorse] 29/1/2019 09:02

On the plus side polished diamond prices are on the increase - good news..

hxxps://www.polishedprices.com/go/market-news/index~7256

[davethehorse] 29/1/2019 09:00

Yes starting to smell a rat here

[ukgeorge] 29/1/2019 07:16

it sure looks like there is something being withheld from the market.

[davethehorse] 24/1/2019 20:57

Maybe the share movement has been unusual to say the least. With the large stone sales this week and next I can only see good news to come unless there is something I don't know about re the mine lease agreement.

[ukgeorge] 24/1/2019 18:50

purely looking at the chart looks like 90p is coming. £1 broken pretty frustrating but looks like a few in the "know" have been told something.....

[davethehorse] 23/1/2019 17:21

GEMD are at a large stone diamond sale in Isreal this week and in Antwerp next week - we should get some good news re sales shortly after :-)

[ukgeorge] 23/1/2019 16:58

Pretty sure they would need to notify the mkt. Right move have a share buyback program and do an rns each day

[davethehorse] 21/1/2019 11:16

Beginning to wonder whether GEMD buy backs are already happening with the current transaction activity at nominally 100p. Would make lots of sense at this price with a 1p spread. Great buy opportunity imo.

[ukgeorge] 18/1/2019 19:47

Bit worrying this recent decline. Being a mining company im always worried that they are lying about something or fiddling the books. Roll on the results proving me wrong

[davethehorse] 18/1/2019 13:23

Good luck, all signs point towards GEMD being a cracking buy at this price, everything looks positive but for whatever reason the shares a stuck at the bottom of the range. Great opportunity to buy or top up but DYOR

[haywards26] 18/1/2019 12:35

Just topped up also. I expect a nice uptick on confirmation of 2018 performance

[ukgeorge] 17/1/2019 14:01

Yes could be an option, I had griffin mining who did that last year. Certainly worked there.

[davethehorse] 17/1/2019 12:16

Wonder if GEMD are considering a share buy back with the cash rather than divis? Just a thought, could be great for the share price