Gem Diamonds Share Discussion Threads

[davethehorse] 09/2/2019 12:41

Based on similar pink fancys this stone will be worth upto £10m ish, depends on quality of course, type 1 not 11 so won't be really top end.

[davethehorse] 09/2/2019 08:20

https://twitter.com/GemDiamondsLtd/status/1093889899114254337?s=19

[davethehorse] 07/2/2019 16:46

Sticking in there until at least results time in March. Disappointing the update was not more positive in terms of cash but the shares are a hold/buy at present IMO.

[ukgeorge] 07/2/2019 09:39

I'm fed up with the BS and have sold will likely regret it.

[davethehorse] 07/2/2019 09:32

I agree, noticed the big drop in net cash which as you say not fully explained. That's the reason for the drop in price imo

[ukgeorge] 07/2/2019 09:15

No dividend for us......

I wish they would give more information on capital expenditure instead of the "business transformation" waffle

Q4 Cash

The Group’s net cash position was US$ 17.5 million (of which US$ 14.0 million was attributable to Gem Diamonds).

Q3 Cash

The Group’s net cash position was US$ 36.2 million (of which US$ 25.3 million was attributable to Gem Diamonds).

[ukgeorge] 06/2/2019 09:07

Another penny or two and it will be hitting resistance. So I would expect a pause or retrace, fingers crossed for a dividend

[davethehorse] 05/2/2019 15:26

Much more like it, another day ticking up tomorrow pre results looks on the cards too. Hopefully 120p ish leveld won't be too far away...

[a13878713] 05/2/2019 15:06

Give us a special dividend and a share buyback, this share been to low for to long.

[ukgeorge] 05/2/2019 15:03

This is a bit better :) 109p

[ukgeorge] 05/2/2019 10:43

I just hope they are not planning anything. They have failed on multiple occasions.

[davethehorse] 05/2/2019 10:27

FDI may be a target very close by but they have lots of debt

[ukgeorge] 05/2/2019 09:32

mergers and acquisitions

[davethehorse] 05/2/2019 09:25

What's M&A?

[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.