Seen the volume today?
Hope you're giving the board a rocket saracen. |
All that capex- when can they see results? |
Panmure Liberum cuts target from 22p to 20p. Still optimistic for ruby auction next month. |
saracen and others have been very bullish on this for years now.
Unsure why.
Check RNS today. |
What did the Chairman have to say?
RSI down to just 12, oversold +++ |
This is a disaster! |
Well it's dropped below 10p! |
Emerald auction news 22nd November Rubies December 12th. |
Any update?
When is the auction in November? |
Auctions this and next month. Company meeting Institutions and brokers from Monday.
Have lots of questions to ask the new Chairman |
Are any of you putting pressure on the board here? share price is unacceptable. |
She'd be like Truss if she did.
I don't think she will.
Lots of wild guesses going on. |
Potentially, the Chancellor could remove the exemption from inheritance tax for Aim listed shares. It's certainly why I hold them. I wonder if this is causing the price weakness here? |
Large mismatch vs JSE price.
11p! |
Am around, hoping/expecting better auction results of rubies and emeralds before Xmas. |
Results are what I expected no dramas, interesting to see when market begins to price in much higher revenue/profit. For me just a waiting game I still have a lot of confidence this turns out to be a big win. |
Bumping along the bottom whilst people are running out of cash. Looks to me it will to be eventually taken private. |
Chances of an interim dividend? Or are they still wasting all their money on capex? |
I suspect that the "competing emerald producer" may be associated with a company based in Dubai? |
Adrian Banks, Gemfields' Managing Director of Product & Sales, commented:"The luxury-good, diamond and gemstone markets are experiencing distinct headwinds as conflicts, elections, economic uncertainty in China and broader economic turbulence take their toll.Today's overall result is weaker than expected, exacerbated in part by a competing emerald producer scheduling their own auction to finish in early September 2024, in the middle of ours, and selling through their emeralds at what customers reported as low prices." |
A couple of extra million from the auction.
All very quiet.... |
A couple of unusually large trades yesterday and today. Any thoughts on this as too large for private investors? |
What are Assore up to? |
Saracen where do you see this bottoming? & have any of you been in touch with IR? |
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