Gem Diamonds Share Discussion Threads

[ntv] 05/9/2019 07:33

cash is down big time
basket case

[davethehorse] 04/9/2019 09:59

Half year results tomorrow

[davethehorse] 30/8/2019 12:35

Having closely watched price/volume movements in GEMD for a year I have come to the conclusion that the MMs involved are pathetic, manipulating it down on ridiculously low volume. Needs sorting.

[davethehorse] 29/8/2019 09:37

Sustainable Capital Africa topping up to 17%

[davethehorse] 28/8/2019 15:56

Over 5m traded today.

[davethehorse] 28/8/2019 15:53

Some big trades today, wonder who's topping up/buying?

[davethehorse] 27/8/2019 22:53

A nice yellow over 100 carats found at Letseng a few days ago...https://www.gemdiamonds.com/

[ukgeorge] 22/8/2019 15:31

has it finally found a bottom.......

[davethehorse] 18/8/2019 09:39

Decent enough 1st half I thought probably need to find more of the fancy coloured type stones to keep earnings on track 2nd half with prices coming under pressure for bigger stones too. Cash balance looks very healthy, unlike many of the other miners, carrying large debts. This could come down to survival of the fittest financially and they are well placed for that when the tide turns for diamond prices.

[davethehorse] 09/8/2019 13:18

Well half year update next Thursday and going forward into 2020 and beyond I can see the GEMD share price leaving this level well behind, with the lease being extended to 2034, mining plenty of satellite pipe areas and improvements to diamond detection, cost cutting etc. Fingers crossed for holders.

[apollocreed1] 08/8/2019 23:01

I hope so. I bought these when they were 138p. At the time, it met all the metrics of a value share using Benjamin Graham's methodology, but the book value seems to have dropped over time as diamond prices have declined.

[davethehorse] 05/8/2019 15:41

Sustainable Capital topping up at these lowly levels

[davethehorse] 05/8/2019 12:54

Hopefully that tide will turn soon though as valuations are so depressed.

[ukgeorge] 05/8/2019 11:49

yes, they seem to be trning the corner and starting to find the big stones again.

The general mkt seems uninterested though.

[davethehorse] 05/8/2019 11:40

Good luck, shame the 1st half update was not this week, they were earlier last year.

[ukgeorge] 05/8/2019 10:43

I've just sold out about a 12% loss in a couple of weeks. Sure they will bounce soon but have gone into fres

[davethehorse] 02/8/2019 10:06

A 660k trade gone through this morning with the 6 month update due any time now. Fingers crossed it's positive.

[davethehorse] 01/8/2019 13:00

Some good news re an uptick in diamond prices for Julyhttp://www.idexonline.com/FullArticle?Id=45066

[davethehorse] 01/8/2019 11:59

1st half update tomorrow?

[davethehorse] 26/7/2019 13:44

Two single trades of 1 share again today lol

[ukgeorge] 26/7/2019 09:31

I think that is one of the big problems with the company. No one seems to be interested in the company.

[davethehorse] 25/7/2019 18:36

Volume not great today - 2 shares traded all day!

[davethehorse] 24/7/2019 10:55

Are MMs just trying to shake out weak holders? Just don't get this share, would have thought it should be rising from here not falling?

[davethehorse] 23/7/2019 10:48

Strange day of trading yesterday, let's see what the Q2 update brings

[stpalm] 22/7/2019 12:40

yes and as you say we have a higher high and the lowest low recently, needs to get a higher low and another higher high on the chart and agressive traders will start to take interest when it breaks 10 day ma. think im gonna wait for a bit more confirmation on the chart on reasonable volume but its silly season when senior traders are away so there could be a real bargain here for the brave