Gemfields Share Discussion Threads

[gill17] 25/10/2024 13:02

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?

[justiceforthemany] 24/10/2024 15:11

Large mismatch vs JSE price.
11p!

[saracen3] 09/10/2024 14:39

Am around, hoping/expecting better auction results of rubies and emeralds before Xmas.

[soleman1] 27/9/2024 06:23

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.

[jaka] 26/9/2024 18:10

Bumping along the bottom whilst people are running out of cash. Looks to me it will to be eventually taken private.

[justiceforthemany] 25/9/2024 11:30

Chances of an interim dividend? Or are they still wasting all their money on capex?

[caiman47] 16/9/2024 12:06

I suspect that the "competing emerald producer" may be associated with a company based in Dubai?

[jaka] 16/9/2024 07:04

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."

[justiceforthemany] 05/9/2024 11:41

A couple of extra million from the auction.
All very quiet....

[gill17] 28/8/2024 11:59

A couple of unusually large trades yesterday and today. Any thoughts on this as too large for private investors?

[justiceforthemany] 21/8/2024 14:41

What are Assore up to?

[justiceforthemany] 05/8/2024 15:18

Saracen where do you see this bottoming? & have any of you been in touch with IR?

[justiceforthemany] 05/8/2024 13:11

Into the 10s

[justiceforthemany] 31/7/2024 10:42

This is turning into a disastrous investment saracen?
Those days of 19p seem a very long time ago now.
Awful performance.

[justiceforthemany] 30/7/2024 15:29

Huge volume today
Almost 3M traded.

[saracen3] 22/7/2024 17:07

Overhang from option exercise Hope the new Chairman cares about the share price unlike the others.

[justiceforthemany] 22/7/2024 15:51

What on earth is going on here?

[caiman47] 10/7/2024 15:37

They had no choice about building the new washplant at Montepuez. This plant is primarily to offset falling grades as the highest grade areas at Montepuez have already been mined.

[justiceforthemany] 10/7/2024 12:29

Those days of 20p seem so long ago now. They should have preserved the cash!Reckless spending.

[saracen3] 03/7/2024 13:11

Would be good to see some Director buying here.

[justiceforthemany] 01/7/2024 15:13

You attended I take it?

[saracen3] 01/7/2024 13:44

Investors disappointed by answers to their questions at AGM. Company seen to take no action to close discount to NAV.

[justiceforthemany] 01/7/2024 13:33

This is in freefall.
What's going on?

[justiceforthemany] 28/6/2024 19:49

Dividend received but why all the selling?