Namakwa Diamonds Share Discussion Threads

[jscapper] 07/9/2011 16:25

It will hit lower. Financials very suspect. Maybe another dead cat bounce at 5p.

[jscapper] 07/9/2011 16:19

Merlion

22% down in a rising market.

Do you realy want us to believe the transaction you state to have made?

Tell us why your previous addy was removed from i i i.

[nathand] 07/9/2011 16:15

Could we please see the subsequent sale details of the 250K at I would imagine 14.7p (give or take fees) which has resulted in your much touted 100K free shares...

... or shall we assume that you were talking up paper profits and are now under water once more?

Thank you in advance for your continued trade transparency.

The Merlion - 1 Sep'11 - 21:50 - 158 of 195 edit

I placed a buy order for 350k at 10.5p at 1pm. I waited nearly 1hr until I received notification of execution and during that time I was getting frustrated watching L2 deals go through at slightly less than my order at 10.5p. It appears my 350K was broken up into 6 separate trades of 1 x 140k, 4 x 50k and 1 x 10k and they all appear as sells.

Transaction Date: 01 September 2011
Transaction Time: 13:48
Sale/Purchase: Purchase
Stock Name: NAMAKWA DIAMONDS LTD ORD USD0.000625 (DI)
Quantity: 350000
Unit Price (GBP): 0.1050
Consideration(GBP): 36750.00

[andy] 07/9/2011 15:23

nathand - 7 Sep'11 - 14:56 - 266 of 271

It all sounds a bit like we shareD an Iceland microwaved curry and a bottle of pop with three straws in dround the kitchen table to me!

[topnotch] 07/9/2011 15:12

Sorry guys - Have to accept I made a mistake on the link I provided

Appologies for any misunderstanding

[123asd] 07/9/2011 15:09

"One of my circle..." - would that be the knitting club or the onanism workshop?

[cha1rboy] 07/9/2011 15:01

123 - they did cease coverage on Mon but issued a final note in which they adjusted their price target down from 79p to 40p and retained their buy rating.



(see 5th Sept, 2nd line down)

[123asd] 07/9/2011 14:56

Chateau Latour with CURRY? How very retroussé

[nathand] 07/9/2011 14:56

>One of my circle noticed the very swift editing of an article which was 3 years out of date.

Why not try some conversation over your meal instead? Much more civilised.

Bottoms up.

[the merlion] 07/9/2011 14:54

cha1rboy,

Great spot, just as I had pointed out, and this is from the very same person who recently was proven to be rather uneconomical with the truth regarding comments from the company.

[123asd] 07/9/2011 14:51

cha1rboy - according to last Monday's FT, Goldman Sachs ceased coverage of NAD as of that day.

[the merlion] 07/9/2011 14:51

Just had a laugh over our curry.

One of my circle noticed the very swift editing of an article which was 3 years out of date.

The link worked very well hence its removal.

Very funny and absolutely LOVE IT ;-)

BTW, the 100k free share are totally money for nothing regardless of the share price which will go very well with gains already made.

Chateau Latour anyone ;-)

[cha1rboy] 07/9/2011 14:46

topnotch - the link you posted is for an article written in Dec 2008 when the diamond price was going through the floor. Market conditions have changed dramatically since then.

Regarding RBC, I think they have downgraded NAD to 'sector underperform' but retained their price target of 70p. Goldman also rated NAD 'buy' yesterday with a 40p target so plenty of upside if the new board can turn it around although obviously risks too.

[123asd] 07/9/2011 14:42

I don't expect Daphne gives a Bombay Duck.

[jscapper] 07/9/2011 14:22

5p will come soon.

[topnotch] 07/9/2011 14:21

Sorry guys RBC link not working - so trying to find a better one...

BTW still wating for Daphne's boyfriend to call me for lying

[123asd] 07/9/2011 14:13

Not so if an investor really wants to turn the screw at a crucial time. He may demand shares at 7p, 5p...who knows what p?