Gemfields Share Discussion Threads

[saracen3] 05/6/2023 10:19

Joburg Stock Exchange.

[davr0s] 05/6/2023 09:51

JSE is an oil and gas company working in AsiaPac. No relevance to Gemfields

[justiceforthemany] 05/6/2023 09:23

Trading at a steep discount to JSE now

[saracen3] 05/6/2023 06:23

Agree 100%

[1realist] 05/6/2023 05:47

2022 dividend totalled 3.42p (22% of current share price).Fuel prices have dropped significantly since then with resultant reduction in mining costs, so if they continue to match or better 2022 revenues like they are then 2023 margins, profits and dividend should all be even higher than last year.Share price is all wrong at current levels. Should be a lot higher.

[saracen3] 02/6/2023 10:43

And the situation in Mozambique is improving with the army protecting the mine.

[1realist] 02/6/2023 10:36

Ruby auction last June yielded $96m revenue. This year's June ruby auction results due in 3 weeks' time.

[1realist] 02/6/2023 10:33

27p still conservative IMO.

[z1co] 02/6/2023 09:16

Bought a total of 50,000 so far this morning.

[saracen3] 02/6/2023 07:20

Interim October, final April

[justiceforthemany] 02/6/2023 06:53

Next dividend should be when?
If this continues should be around 2022 levels??

[saracen3] 02/6/2023 06:45

Analysts were expecting $33m and prices 15% lower.

[1realist] 02/6/2023 06:37

Excellent results. Too cheap by several factors at current levels. PE ratio of 3.5 is all wrong for such a profitable and growing company. Not to mention half market cap in net cash. Share price should move significantly from here. And next auction results only 3 weeks away. Happy days for GEM holders.

[saracen3] 02/6/2023 06:23

Record sales, record prices, Much stronger than expected.

Ruby auction news on 21st June also likely to be good.

CRAZY CHEAP

[lyceeuk] 02/6/2023 06:06

More great news.

[1realist] 01/6/2023 06:05

Auction closes today so RNS tomorrow at the earliest.

[justiceforthemany] 31/5/2023 21:18

No RNS for that emerald auction saracen?

[justiceforthemany] 30/5/2023 21:01

Depreciation of the Rand is the problem here currently as LSE has to match the JSE price.

[teacup] 30/5/2023 14:46

That's why the share price keeps dropping

[lyceeuk] 29/5/2023 20:42

Why have you seen the jewels that are being auctioned

[saracen3] 29/5/2023 16:50

Emerald auction just started. $43m last year, am expecting $35.

[justiceforthemany] 29/5/2023 13:05

Up strongly in SA today on good volume for a change

[gill17] 26/5/2023 12:18

I believe GGP is down by 12.5% since your buy recommendation Teacup, at least we have dividends!

[teacup] 26/5/2023 11:30

Well that went well didn't it