Petra Diamonds Share Discussion Threads

[mad_ max] 19/9/2019 10:44

I am wondering at this point if it is not more intriguing buying the debt at .775....with a yield of 18%... new high in this days and new low for the bonds....🤔

[338] 19/9/2019 10:24

Am I late joining the party? 🕺💃🕺💃

[rumobejo] 19/9/2019 09:13

10p today...

[blueball] 19/9/2019 08:51

Looking good here this am.

[genierub] 19/9/2019 08:24

Nice and steady pattern as yesterday. Its a sleeping beast and will continue to rise as the day plods on. Everyone patiently awaiting Barons update?

[lukehold] 18/9/2019 22:05

Go on pet, back to 30p please

[fsawatcher] 18/9/2019 21:40

us market up

rate cut a gooden for diamonds innit

hows dat rand doin

it doin gfine 4 pdl

10p 2 morra

[blueball] 18/9/2019 20:16

Zac Mir 11p .

[pakenham] 18/9/2019 20:11

Diamond prices seemed to have bottomed and even at this level the company achieved $60m free cash flow in last six months - mcap £80m - obscenely oversold imo

year high 46p
year loow 7p
current 9p

from lse poster - seems very unloved.

[atticusfinch1] 18/9/2019 19:53

11p subject to resistance at around 10.5p, if that goes looks good...

[pakenham] 18/9/2019 19:49

gap at 50p on chart needs filling

[technowiz] 18/9/2019 19:30

not sure about 11p. US markets are dropping this evening after US fed only cut by 1/4 point..

[atticusfinch1] 18/9/2019 18:49

Nice uptick, look forward to 11p tomorrow... still way undervalued imo

[r88ave] 18/9/2019 18:01

Wow... very good day

[genierub] 18/9/2019 16:25

If anyone has followed Baron and got in on his tips they are solid. Took a chunk and am looking forward to his update on PDL. When he posts his update I can bet you my bottom dollar, many of his followers will be swamping this. Many have made 10 fold on their investments in the past. Thats not to say he is bulletproof because he does it get it wrong too but his track record like our friend Riddler is good. I suspect a few more solid rounds will get this quickly above 22p, which is where it should be given the company profile.

Has it been oversold? Yes.
By how much? Alot

Go do the math.

[technowiz] 18/9/2019 15:43

i reduced my holding today but only those shares where i was in a profit. got about 9p avg for sells. crazy not too really after buy yesterday at 7.2p i got big bill to pay i think so may need funds soon.

[rumobejo] 18/9/2019 15:22

no worries techno, so how about
10p close for a starter
20p by month end

can you read that? do you copy?

[technowiz] 18/9/2019 13:29

ok rumobejo i hear you. i've just learnt to read today :D

[rumobejo] 18/9/2019 12:59

he claims today he hold 6.5m in SXX, so given PDL bashing I would think he is targeting 5-10m shares here, volumes yday and today says so...

[rumobejo] 18/9/2019 12:57

for the techno wiz monkey who can't read twitter

Baron Investments (@barondaytrading)


Started as a day trader in 2008, a full time investor since 2014. Top 3 closes:#SQZ #EVR #FXPO Current investments:#GKP #RRE #RPT #ALM #JKX #SRB #VGAS #SQZ #CAPD

[technowiz] 18/9/2019 10:10

his twitter page says day trader lol. i don't know how many PDL shares he holds. maybe a million or more who knows.

[rumobejo] 18/9/2019 10:06

not a day trader at all, he simply buys in big chunks 100's of 1000's when it is a long term, and he bought a lot in yday dip

[technowiz] 18/9/2019 09:35

a day trade? check him out on twitter. barondaytrading

[fsawatcher] 18/9/2019 09:32

who da funk is baron