Petra Diamonds Share Discussion Threads

[plentymorefish] 09/7/2019 09:45

Treble test of support now confirmed as gone - revising my TP down to 12p (in the absence of any bad news). The 20.5 buyers from last Friday have now become sellers in an effort to protect their capital. Interesting times.....

[plentymorefish] 05/7/2019 19:43

It must be true then.....

[fsawatcher] 05/7/2019 19:30

morgan 35p you fisheyed crustation

[fsawatcher] 05/7/2019 19:29

Support confirmed as gone so should move quite easily down to 15p now. A nice broker downgrade today (Liberum Capital) will aid that so all good.

plentymore tripe from you innit

15p

whos you liberum?

dint you read barclay note today

28p target you scally slapper

[plentymorefish] 05/7/2019 14:33

Looks like they're tempting in the next round of, ahem, investors, before taking it back down next week.

[bennigoal1] 05/7/2019 08:33

J.p Morgan just raised its target this morning on Petra from 30p to 35p.

[mad_ max] 03/7/2019 10:34

Sell low....buy high...the road to richness...😂

[plentymorefish] 02/7/2019 19:37

Support confirmed as gone so should move quite easily down to 15p now. A nice broker downgrade today (Liberum Capital) will aid that so all good.

[plentymorefish] 28/6/2019 13:12

Now that's got to be worth a lol!

[mad_ max] 28/6/2019 12:03

The volume also yesterday was ridicolous. Market makers are trying to suck you in ...Pdl is on the verge of exploding higher with real volume towards at least 200 days mav in the thirties. Yesterday BMO securities put a target price of 0.60.

[fsawatcher] 28/6/2019 11:14

i cud sell my stock and buy back and volume be twice traded all today

is mms on strike ere or sets lost spark plug

jus buy the dips and eat chips

[plentymorefish] 28/6/2019 11:06

About to revisit some of the lows here

[g2theary] 25/6/2019 09:08

I'd say we should see 26p tester again before results... then if good results this should continue to 30+ :)

[bennigoal1] 25/6/2019 08:08

The stock is going down with no volume. when up the volume is surging. yesterday downgrade by Rbc target 23, reiteration by Finncap Martin Potts target 58. Technically is between a rising 50 days mav and a 100 days mav at 22.38.

[plentymorefish] 24/6/2019 16:22

C'mon teens, you know you want to....

[plentymorefish] 24/6/2019 15:52

Its 'a headscratcher as to how it's still trading above 15p but, each to their own....

[bennigoal1] 21/6/2019 13:00

I agree mad, this stock was 40p end 2018 and a lot of good news since then have come out: new management coming from the finance side (Duffy was CFO at Anglo gold ashanti) appointments of Tameris and Peel hunt as brokers, three major recoveries in the latest months, insider buying, Aberdeen increasing stake to 15 % from 11%, Goldman Sachs issuing buy recommendation with a target of 32p. At this level Pdl is a steal, I am wondering if some big name in the sector is looking at the company, considering also the appointment of those two specialised brokers.

[mad_ max] 21/6/2019 09:35

The debt is a very well known issue...it is not a case that the mkt cap is 180 mill with sales around 500 mill....so how much is more than discounted in the today valuation...
If you take Lucara that has no debt on the Canadian mkt...it has a mkt cap of 600 mill cad with sales of 200 mill ..so ..three times...further than that mr. Duffy..has clearly stated that the priority is to reduce debt...the analysts following Pdl have targets today ranging from 30p to 76 p...so let's see..

[plentymorefish] 21/6/2019 09:14

The debt here is an issue - should fall quite well from here. I'd expect 12-15p by end of Q3

[mad_ max] 19/6/2019 11:41

Today test of 100 days mov Avg...in the 22.89 area...interesting to see if it can break at last above...

[starrover] 12/6/2019 07:13

Hi Derrick,I use iWeb for my share dealing, I have never had any problems with it, overall each purchase comes to about 12.50. Thankfully there are no annual fees to keep the account open.It also is exactly the same platform used as the Halifax share dealing service.Hope that helpsCheersLee

[mad_ max] 10/6/2019 10:11

We need some new major findings...in order to break out above towards and beyond the Goldman Sachs target of 32.5 pence...

[lukehold] 10/6/2019 09:48

On the up again