Petra Diamonds Share Discussion Threads

[argylerich] 05/9/2018 08:35

Marsall Wace have scaled back their short to 0.58%. Total declared shorts now at 4.97%.

[argylerich] 04/9/2018 11:39

One reduced, one increased a tad, latest moves on the shorters. Overall back down to 5.07%.

[mdcapital] 02/9/2018 21:16

RBC Capital Markets today reaffirms its outperform investment rating on Petra Diamonds Ltd (LON:PDL) and cut its price target to 55p (from 65p).

[matt123d] 31/8/2018 16:58

It's closed pretty much on the lows of the month, week and day so hasn't broken anything to the upside yet. Only positive is new month next week so maybe someone looks at it fresh and brings some demand in.

[ukgeorge] 31/8/2018 15:59

I have.....By my reckoning it has broken the down from 17th and is just back testing. Fingers crossed. The downtrend from December is sadly another matter.

I've not gone overboard with them yet if they dropped heavily I can double up, although I would prefer not to

[matt123d] 31/8/2018 15:53

Plot a few trend lines and you'll notice what levels in needs to break, will stop you getting in too early and sitting through the frustration.

[ukgeorge] 31/8/2018 13:56

When will I learn....... ffs

[ukgeorge] 31/8/2018 11:38

I just added a few more. My average is 37.4p.

Roll on some jam.

[matt123d] 31/8/2018 11:10

Needs to get back above 38p.

[ukgeorge] 31/8/2018 10:31

Who on earth would want them?

[ukgeorge] 31/8/2018 10:31

Should probably be loading up here.

[g2theary] 31/8/2018 09:25

Could this not get taken out at these prices?

[argylerich] 31/8/2018 08:34

Cobas appear from nowhere with 5.01%

[ukgeorge] 30/8/2018 14:53

Van Eck Associates Corporation have 4.1% of this terribly run company and may be dumping what they have after announcing moving out of precious metals

[ukgeorge] 30/8/2018 14:19

possibly some strike action spilling over from gold and the NUM

[ukgeorge] 30/8/2018 14:15

I wonder if some funds are forced sellers? Quite incredible.

[ukgeorge] 30/8/2018 13:38

30-Aug-18
13:19:08

34.88p

500,000
Buy
174.40k

A decent size buy.

The whole management team needs to be replaced. Hopefully some ii are looking into this.

[argylerich] 28/8/2018 16:13

Macquarie increased their short by 0.09 at the end of last week. Total declared shorts now at 5.1%

[ukgeorge] 28/8/2018 13:47

Well a few days like this.... I hope it doesn't

[bulltradept] 28/8/2018 13:35

This 22p which I saw being touted is the lowest point on the graph @ 2009. Not sure how anyone thinks it will get there..

[ukgeorge] 23/8/2018 13:47

Even Trump is trying to help petra

South Africa – The rand is among the heaviest hit emerging markets currencies as US President criticised the latest land reform fuelling speculation of possible sanctions against the country.
• “I have asked Secretary of State @SecPompeo to closely study the South Africa land and farm seizures and expropriations and the large scale killing of farmers,” Trump tweeted.
• A parliament committee is currently wrapping up public hearings on the issue of expropriation of land without compensation and under what conditions the measure is implemented, Cyril Ramaphosa wrote in his FT article published today.
• “This is no land grab… nor is it an assault on the private ownership of property… the ANC has been clear that its land reform programme should not undermine future investment in the economy or damage agricultural production and food security,” Ramaphosa wrote.
• “Land reform in South Africa is a moral, social and economic imperative… by bringing more land into productive use, by giving more South Africans assets and opportunities for sustainable livelihoods, the country is creating conditions for greater, more inclusive and more meaningful growth.”
• The currency is 1.3% against the US$ this morning trading at 14.3822.

[ukgeorge] 23/8/2018 13:47

MACD has now gone positive
RSI at 34 is just above oversold.
Downtrend is broken
50 MDA is at 48.5 and 100 at 52.7
I would think a rise to 40p possibly mid 40's over the next two-three weeks would be reasonable