Petra Diamonds Share Discussion Threads

[p winky] 15/4/2019 07:54

How much of the bad news priced in already?

[cantrememberthis2] 15/4/2019 07:45

May well be... key issue is could they reduce they DEBT pile and prove up large stones... on both fronts - Success thus far..

Fools errand to sell on the -8% open or later in the day.

[laptop15] 15/4/2019 07:42

DIRECTOR BUYS WILL HAPPEN TODAY IMO

[cantrememberthis2] 15/4/2019 07:38

Yes agreed.
There is one undeniable fact net debt reduced by about $6m from 1 Quarter.

If you extrapolate this over 4 quarters thats approximately $24m... add the recent 425ct find (value $15m-25m IMO), takes debt down to $515-520m ish...

All IMO.

CEO seems to be bullish...

Think they will hit stop losses regardless, as production was down.

[avsome1968] 15/4/2019 07:36

Been watching these for a while in share hub picks 2019 which are down 50%,been waiting for update out this morning think it will go down revenue down from last year could be a opportunity buy a few at the bottom.

[laptop15] 15/4/2019 07:33

Good steady quarter with revenue up 4% year to date and revenue up 1% year to date. Debt reduction too. With probability of larger diamonds being found going forward. With Capital expenditure stage and the new CEO impressed with the operations it bodes well for a recovery. REVENUE so far nearly double its current market cap and probably nearly treble by year end.

[cantrememberthis2] 13/4/2019 18:32

Na mate will open 10% down as brokers and Market Makers maximize and my buy orders will get filled...all imo dyor

[laptop15] 12/4/2019 14:40

NEWS MONDAY!! Could bounce back to the 20p's

[cantrememberthis2] 12/4/2019 14:27

Algo bots switching?

[ukgeorge] 12/4/2019 14:21

Looks like the bounce is on.....

[laptop15] 11/4/2019 22:56

https://twitter.com/laptop1515/status/1116452003696324615?s=19

[cantrememberthis2] 11/4/2019 20:25

Bad news?
Seller still here now sub 17p...

[laptop15] 11/4/2019 17:38

Some BIG trades going through late on...quarterlies on MONDAY 15th APRIL..should be good with 2 large diamonds found in March. I believe they might have found pieces of an altogether larger diamond formation. Could bode very well for the company and its shareholders. They are due some good news. I've been quietly buying some large amounts :) good luck all....watch this space

[upwego] 09/4/2019 07:49

Probably 50m in nice diamonds found just recently.

[upwego] 09/4/2019 07:47

£500 down on this dog now!

Today`s the day lads for a jump!

[cantrememberthis2] 08/4/2019 10:45

Extreme share price movement inbound i reckon...

[cantrememberthis2] 08/4/2019 10:24

Could be any of them Vaneck, Black rock etc
Just a painful waiting game...
Also 5% stock on loan according to company...

[ukgeorge] 08/4/2019 09:44

Is it blackrock? As they have near 10% to unload.

[cantrememberthis2] 05/4/2019 17:01

It's a bloody II. Already contacted company... They know who it is...

Soneones4 absorbing the sells.

[ukgeorge] 05/4/2019 15:28

I think it is really bullish for a share to end the week at an all time low....oh no wait a minute that's bearish.....

[resourceful] 05/4/2019 15:21

how will it fly
it owes $500m??

[alamaison5] 05/4/2019 10:41

UKGeorge4 Apr '19 - 14:35 - 3116 of 3130
are you just trying to get lucky with a bounce? Debt $500M + Mkt cap sub $200M.

Hi Dave,
more deramping is needed mate cos this gonna fly soon.



Laptop154 Apr '19 - 14:36 - 3117 of 3130
Overhang clearing!!! Bounce coming

Indeed, indeed!

[cantrememberthis2] 05/4/2019 09:32

Seller clearing.... Strong bounce expected imo. Massively oversold due to seller.

[technowiz] 05/4/2019 09:29

one buy for 1,500,00 and another for 1,131,141 :)

[cantrememberthis2] 05/4/2019 09:28

Ok shorter