I've been continuing to load up here these last few days as well. PE ratio now around 3.5. Half of market cap made up with cash. Plus dividend around 20% and share buyback starting now. Simply way too cheap at current levels. |
Share buyback starts at 345c Will underpin the share price |
Expecting a statement that the Director`s share options have been sold.
And then the 50m share buy back should start. |
At current FX this should have closed at 15.1p not 14.7p
Ridiculous. |
Looks like the 3 m overhang has been cleared in S Africa today.
We bought more today. |
I agree Saracen-I wasn't going to reinvest my dividends but I have today as this price is too good to miss! |
Fantastic buying opportunity. 3m overhang will be cleared shortly. |
Well according to the company at the current ZAR price the buy back scheme should start now. |
Hold quite a few in my portfolio Saracen as I have been investing for over 30 years.
I take it you sold out of GEM when it went XD. If not you should have listened. Your advice not mine, I am a long term investor. |
XD 2.3p Don't suppose you know what a dividend is if you hold GGP. |
From 19.5p to 15.25p you must be down about two hundred lol |
IR say the buy back will kick in based on the ZAR price at around 350.
It closed at 356 today so we are not far off.
Volumes are so low that it should have a +ve impact. |
Some terrorism in Mozambique today but 256 miles from the ruby mine where the army is based. |
IR@Gemfields.com |
Investor Relations contact details anyone? Email ideally.
Saracen have you contacted them re buy back and why they are not actioning this? |
Co has discussed moving listing to Nasdaq to attract new investors and escape
the weak Rand. Unique cos should trade at a premium not a discount. |
P/E now with a 3 handle.
Incredible, yet some stocks particularly American trade at 100x P/E
Fair and regulated market as per FCA? Yeah right! |
You down £16k today might cloud your judgement |
Down down deeper and down |
Emerald auction results due June 1st |
maybe they have bad news in the tank and waiting to announce it |
Shares lower as broker trying to place 3 million shares from options exercise.
Crazy when company has been able to buy back 50 million shares and bought none |
WE use Pershing very good on UK dividends but slow on foreign ones. |
not true Halifax can be excruciating slow ie days sometime |
Yes, mine with HL who are usually pretty well on the ball with Divi payments, usually on account same day and cleared for use next day. |
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