Gemfields Share Discussion Threads

[hazl] 19/3/2015 14:11

what a lot of trades within a few minutes....

imo

[hazl] 18/3/2015 12:13

Interesting to read companies announcements that are diamond orientated rather than 'coloured gems'.There are phrases like 'softer trend' and 'gentle decline',in connection to diamonds,I notice, and certainly their graph has suffered accordingly.
We are bang on trend here.
Also for me the fact that we are sourced in a friendly way is preferable for my style.

IMO

[hazl] 18/3/2015 09:38

some late trades there by the looks of it

IMO

[hazl] 18/3/2015 09:21

Just two days until the Basel exhibition in Switzerland with the watches element,Harrods display ongoing and ruby Auctions very soon to boot!

exciting times coming up

imo

[hazl] 17/3/2015 12:14

exhibition in Harrods at the moment

[hazl] 17/3/2015 11:29

Looking forward to this ...end of the week
BaselWorld Watch and Jewellery Show


' Focus during the period directed at creating new collections including high-end jewellery, objects d'art and timepieces. Fabergé is poised to unveil four new timepiece collections as well as cohesive collections of core and entry-level jewellery at the BaselWorld Watch and Jewellery Show in Switzerland from 19-26 March 2015.

[hazl] 16/3/2015 13:07

be blue before long imo

[hazl] 16/3/2015 10:29

reminder

scroll down for trades

[hazl] 15/3/2015 08:56

thanks jakes for clarifying

cannot believe I didn't notice it there..... clearly stated in the Outlook!

[jakes114] 14/3/2015 22:01

Hi There is a lower quality ruby auction in Jaipur in March/April and top quality rubies auction in Singapore in June. Taken from the 9th march results

[hazl] 14/3/2015 20:54

This a great interview I think if you haven't already seen

IMO

[hazl] 14/3/2015 19:14

Don't know Jakes but they were before weren't they?

mentions the auction here though doesn't confirm place

[jakes114] 14/3/2015 11:26

Is it true that the ruby auction will be in Singapore where top prices are expected

[hazl] 13/3/2015 19:12

We have two further ruby auctions coming up.
This is the view from Investec concerning the last emerald auction thanks to Goldminer70 on i i i.

Investec View: 'An encouraging emerald auction from a US$/carat perspective. We suspect that the better quality stones made available were sold in light of the fact that 19 of the 26 lots offered were sold comprising 38% of the stones available for sale. The real value generation at Kagem comes from the high quality stone auctions that typically account for around 70% of the value of the product from the mine, and for which we have continued to see strong price appreciation.'

[uncle john] 13/3/2015 09:49

Nice to see the price starting to move above the 50p which has been seen as good value and resistance several times in the past.
Onwards and upwards!

[hazl] 13/3/2015 09:22

BROKERS 5 views scroll down on right

[johnweaver] 12/3/2015 09:40

This is a good company and Ian H is really on top of his job. I think the vogue for coloured stones will be a longer cycle lasting many years.
So I am pretty happy for the future.

[hazl] 12/3/2015 09:09

Thank you for the reply John Weaver.

Good to have a view expressed.
I don't understand what you refer to as 'having advanced notice' however ?
An announcement was made by Gemfields on the 24th February that the interim results would be on the 9th March.
The volume clearly reflects that and is quite normal in my experience.
They proved the naysayers wrong,when they were criticised for paying to o much for Faberge way back but in fact sales,profits and visibility have increased.
You have to pay for quality.
I would agree though,nothing is without its risk.
The main risks for me are general stock market, related.
Specific to Gemstone however, are the continuation of the fashion for coloured gemstones.
I think they already prepared for that though and with the advent of the watches,is it 20th March? I forget, and the launch of the new Faberge Egg -( how exciting!) it will be interesting to see how they cope with a change of fashion when it happens.
However at present, coloured gemstones seem to be firmly 'in vogue' and Faberge is well-renowned the world over!
Thanks

IMO

[johnweaver] 11/3/2015 22:54

hazl thanks for your summary, I think you are right that the company has a good future. I really look forward to seeing a new egg.
however I have a couple of doubts about the management. Small doubts but .....

They still, I think, have a huge inventory at Faberge shop. Pallinghurst transferred so much stock that it would take about 10 years to sell it if sales remained at the same rate.
Nobody should hold that much in a storeroom. Will that jewellery be dismantled or sold at a discount so that the money can be used actively in the business.
The second problem is that these results were released to the market on Monday 9 March.
But, look at price on Thursday 5th and Friday 6th. Volume trebled that of the days in the week before, price pushed higher.
So did someone somewhere have advanced notice?