Gemfields Share Discussion Threads

[soleman1] 26/5/2023 11:17

Just topped up with my divvi, you would think the drop would be dissapointing but I just see opportunity to grab more of that cash mountain.

[justiceforthemany] 22/5/2023 14:07

15.88p paid today

[1realist] 19/5/2023 07:46

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.

[saracen3] 18/5/2023 09:50

Share buyback starts at 345c Will underpin the share price

[saracen3] 18/5/2023 07:23

Expecting a statement that the Director`s share options have been sold.

And then the 50m share buy back should start.

[justiceforthemany] 17/5/2023 16:41

At current FX this should have closed at 15.1p not 14.7p
Ridiculous.

[saracen3] 17/5/2023 15:27

Looks like the 3 m overhang has been cleared in S Africa today.

We bought more today.

[gill17] 17/5/2023 12:56

I agree Saracen-I wasn't going to reinvest my dividends but I have today as this price is too good to miss!

[saracen3] 17/5/2023 12:09

Fantastic buying opportunity. 3m overhang will be cleared shortly.

[justiceforthemany] 17/5/2023 11:26

Well according to the company at the current ZAR price the buy back scheme should start now.

[teacup] 17/5/2023 10:23

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.

[saracen3] 16/5/2023 18:30

XD 2.3p Don't suppose you know what a dividend is if you hold GGP.

[teacup] 16/5/2023 18:00

From 19.5p to 15.25p you must be down about two hundred lol

[justiceforthemany] 16/5/2023 15:49

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.

[saracen3] 16/5/2023 15:03

Some terrorism in Mozambique today but 256 miles from the ruby mine where the army is based.

[saracen3] 16/5/2023 12:08

[e-mail]

[justiceforthemany] 16/5/2023 11:50

Investor Relations contact details anyone? Email ideally.
Saracen have you contacted them re buy back and why they are not actioning this?

[saracen3] 16/5/2023 11:06

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.

[justiceforthemany] 16/5/2023 10:51

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!

[saracen3] 16/5/2023 09:56

You down £16k today might cloud your judgement

[teacup] 16/5/2023 09:25

Down down deeper and down

[saracen3] 16/5/2023 09:03

Emerald auction results due June 1st

[lyceeuk] 16/5/2023 08:55

maybe they have bad news in the tank and waiting to announce it

[saracen3] 16/5/2023 08:49

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

[saracen3] 12/5/2023 16:45

WE use Pershing very good on UK dividends but slow on foreign ones.