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Share Name Share Symbol Market Type Share ISIN Share Description
Petra Diamonds Limited LSE:PDL London Ordinary Share BMG702782084 ORD GBP0.0005 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 104.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
104.00 106.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 290.86 196.44 3.77 22.6 900
Last Trade Time Trade Type Trade Size Trade Price Currency
17:39:34 O 2,057 104.001 GBX

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Petra Diamonds (PDL) Discussions and Chat

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Date Time Title Posts
26/9/202212:18Petra Diamonds: Post Merger: What's Next?4,772
14/4/202207:50Could please someone explain me why does this stock (look) so extremely cheap?1
24/1/201712:40PDL back on tracks?574
24/3/201215:57PETRA DIAMONDS (PDL)11

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Petra Diamonds (PDL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-10-05 15:35:01104.005860.32AT
2022-10-05 15:35:01104.0011,46611,924.64UT
2022-10-05 15:28:08105.00541568.05AT
2022-10-05 15:24:01106.005,7956,142.70O
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Petra Diamonds (PDL) Top Chat Posts

Top Posts
Posted at 05/10/2022 09:20 by Petra Diamonds Daily Update
Petra Diamonds Limited is listed in the Mining sector of the London Stock Exchange with ticker PDL. The last closing price for Petra Diamonds was 104p.
Petra Diamonds Limited has a 4 week average price of 92p and a 12 week average price of 87p.
The 1 year high share price is 138p while the 1 year low share price is currently 45p.
There are currently 865,336,485 shares in issue and the average daily traded volume is 125,625 shares. The market capitalisation of Petra Diamonds Limited is £899,949,944.40.
Posted at 22/8/2022 11:13 by davethehorse
Broker down grade today to hold from buy, 100p price target
Posted at 12/8/2022 09:48 by diamondandpearls
Petra has been a disaster for investors since day one !! We invest to make not watch it go down the pan which most have done over recent times !! But agree they have turned the corner now but Mr Market still doesn't trust them as their previous history shows what a badly run company it has been. The cash is building up. But them notes need sorting ASAP because bondholders are calling the shots so that's why Petra is languishing at 2p in old money which is criminal by the way. I guess just hold and wait as the price is so discounted. Good luck all!!!
Posted at 01/8/2022 10:54 by diamondandpearls
They need to do something ASAP with them notes and the ridiculous interest rate which starts next June !! Surely that 288m cash can pay of half that debt and restructure the rest ?? Until something like that happens Petra's share will not move to any significant levels. Hopefully they're in talks as me speak and a RNS would put a rocket underneath Petra share price!! Let's only hope
Posted at 28/7/2022 08:22 by king suarez
Historically this has been a bad investment for private investors, now the debt position is drastically lower than pre-debt for equity swap and easily serviceable with the healthy cash position and cash flow. As I said, the net debt position was only $40m as at 30 June - you can check the latest accounts, cash was around $288m with a big chunk of diamond debtors on top of that due. They could pay most/all of the current debt down with current liquidity and earn far more in free cash flow than needed to service the current debt interest. I think PDL will be paying dividends well before 2027. Not sure the bondholders, who own most of the business, would vote for being taken private at an undervaluation - afterall, they will want more cream through capital appreciation (and potentially dividends) surely?
Posted at 30/6/2022 11:58 by farrugia
yes wider market conditions at the moment are terrible. I'm having one of my worst years - one needs to back the companies that will emerge from this storm and hopefully PDL will be one of them.
Posted at 21/4/2022 06:38 by wigwammer
Free cash flow here will get a further boost as available cash is used to pay off debt as it hits maturity. They will be paying $30 odd million in interest each year while receiving little back on cash held, so all of that will eventually fall to the bottom line. I suspect the price reaction has been muted as the market digests higher expansionary capex in future years, but when falling interest payments, a higher diamond price environment and further exceptional stone discoveries are priced in, we will see a far higher equity price. IMO. A very happy holder from 85p :)
Posted at 20/4/2022 12:16 by 74tom
Interesting to note that last summer the share price in old money was stuck around 1.8p for months (90p in today's consolidated share price). That gave a market cap of ~£175m / $228m and at 30/06 net debt stood at $241.2m, Diamond debtors were $38.3m, Diamond Inventory $54.3m. So EV was approx. $228m - $38.3m - $54.3m + $241.2m = $376.6m Today we have a market cap of £251m / $325m, net debt is $107m, Diamond debtors are nil and diamond inventory is $98.1m. So EV is now approx $325m - $98.1m + $107m = $334m Seems completely illogical to me... Also worth noting that in 2018 the market cap was £650m despite net debt being $557m, deducting diamond inventories of $76m meant EV was around $1.325b, equivalent to ~£5.20 a share. Much upside to come here.
Posted at 25/3/2022 14:49 by mapocho
Yes, huge upside here. Just to get back to 10p in old money would mean a share price of 500..
Posted at 18/2/2022 09:40 by king suarez
@fillipe - how do you see risk/reward with BRD compared to PDL? I have only bought a small initial stake in PDL, but have BRD on monitor - seemed to me like BRD has more 'multi-bagger' potential but higher risk, so I opted for a stake in PDL for now..
Posted at 18/10/2019 10:05 by fuji99
I think Petra's turn around will seriously start from next week following its update as it has already made loads of investments. The fact that Rio Tinto closed the biggest mine in the world will impact on the supply/demand side leading to diamond price increase. Adding reduced tensions between the US and China before year end, this will give a good kick start to this sector which always takes off around this pre- Chirstmas period. So any flagged up positives next Monday will take the share price to another dimension. Keeping in mind that as earlier as last June the share price was within 20p - 30p band without any positives. So I am looking for a share price band of 30p - 50p in the next 6 to 12 months, that is 400% - 600% from where we are now. PDL share price is at all time low so we cannot dig deeper than where we are for a miner with sales of $495 million and a market cap of just £60 millions.
Petra Diamonds share price data is direct from the London Stock Exchange
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