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My 80p entry is looking promising here ??
Yes, I can't be a winner, baby
Because I was born to lose
I go to bed every night
With troubles, baby
Because I wake up
Thinking about you
I'm tired of you
Putting me down, baby
I think I'm gonna do like a mole
And move underground
Third section of B.B. King "Go Underground"
What's happened to MrCarats?
Do we need to send out a search party?
The number of posts has dropped dramatically!
https://www.mining.com/de-beers-rises-small-diamonds-price-amid-shortage/
An upgrade here by BOA has definitely done this company no favours !!
I'm new here and looking to invest with these sanctions on Russia.
But obviously the supply chain is still fully loaded to cope.
Diamond prices haven't stopped falling since sanctions so not sure what's going on here .
Is 80p a possibility for a decent entry price?
I think it's more of an agenda on their behalf as they are Major Shareholders here !!!
06/01/2022 | 07:28am EDT: (MT Newswires) -- Bank of America on Wednesday upgraded Petra Diamonds (PDL.L) to buy from neutral and raised its price target to 1.70 pounds sterling ($2.14) from 1.10 pounds.
I think they might be gone. Gekko had a post earlier suggesting that Carats had been banned and insinuating this platform was corrupt.
That post has since been removed so I assume Gekko has also been banned from the platform.
Sell and be gone with you then!!!!
6% drop on 177k volume wow !!
What a piece of £hite this really is . The fact that it can be so manipulated so easily is beyond comparison..
Many things but I doubt any of them are anything we should be worried about.
"Petra today announces that Matthew Glowasky has informed the Board that he will stand down as a Non-Executive Director of the Company, with immediate effect.
Mr Glowasky was appointed as a non-independent, Non-Executive Director of the Company on 10 March 2021, pursuant to a Nomination Agreement between the Company and Monarch Master Funding 2 (Luxembourg) S.a r.l. (“Monarch”) and following the successful completion of the recapitalisation of the Petra Group. "
So he has resigned because his job is complete. The recapitilisation is done so they no longer need him in the role.
Seriously give up trying to spread doom and gloom every 5 mins, its getting really tiresome.
Directors resignation !! What does he know??
Carrot, no one has said this is the bargain of the century. But the price holding up quite well given the general market meltdown. All I do is buy the cash. 200 million fcf .. at least come final results. Market cap 216 million here. Recurring cash for the next 5 years is 1 billion, you can buy that cash cheaply.
But I forgot, you don't do the fundamentals, just the hysteria and some dodgy charting, which is also pretty bad imo.
The Volume is an absolute shocker here !!
Bargain of the century has no interest WHY ??
After a spike, there will be time for cooling off - not to be mixed up with "falling off a cliff" - before the next spike...
It looks like the old bond holders are not done selling out yet, so there might be bumps on the road - but the overall direction is clear to me: Diamond prices are still going strong. See: https://www.bloomberg.com/news/articles/2022-05-11/diamond-prices-surged-since-russian-sanctions-de-beers-can-t-help?
And if I am not mistaken, Petra still has about 20% of this years production to sell on top of the USD491m sold YTD, before the annual results are due. With such a record sales year almost in the bag, prudent management and proven cost control, and strong outlook for the diamond market, this is a hold (or buy if you have cash to spare ,-)
Hmmm.. Carats/Gekko - same poster btw - called PDL down at 82p, then 85p, then 90p, then 100p, then 110p etc etc… you get the picture… I suspect we’re talking about a disgruntled individual who never quite got a City job, works in some peripheral tin pot (not quite) adjacent to City work, and finds it rather difficult to accept he is ever wrong. Good luck all holders btw - won’t take much to send this up, a precious stone or two would be nice :)
Sell in May and go away you say....then why are you still here and commenting , you need to take some of your own advice unless you really don't believe that. Laughable really
Plus the Volume each day is rubbish which isn't helping !!
No interest here what's so ever.
Sell in May and go away has proved right year on year its guaranteed like a RNS from Petra.
World markets are in a **** slide at the moment bitcon isnt the 100k these analysis were saying before Xmas.
Always the opposite what they say
Bondholders starting to sell down their equity. Explains the price action over the last days.
Mr carrot you might be right at 96p but who cares just allows others to join a bigger party historicaly summer is quiet for pdl but il make another call 2p by year end !
Practically the whole of the stock market is down today across all sectors . The price drop here has no reflection on the company at the moment ,even a fool would be able to see that !De-rampers just milking what seasoned investors already know PDYR . GLTA
Practically the whole of the stock market is down today across all sectors . The price drop here has no reflection on the company at the moment ,even a fool would be able to see that !De-rampers just milking what seasoned investors already know PDYR . GLTA
96p incoming you were all warned!!
I didn't think that RNS would result in a 20% drop but once 115p went it was always going to 96p ..
Except PVX isnt RAMPING - he is simply disagreeing with your deramping.
And you quote the debt total, not the net debt position as ever which is very misleading and since it has been pointed out to you numerous times, must be part of a considered deramping strategy. That isnt ramping by the by, that is taking a rounded view.
I m going to filter you though Mr Carats - the constant misrepresentation and constant negativity clouds my hope of you bringing pertinent negative points to my attention when it is needed.
I dont think this board can move the market so I can only assume your agenda is one of wanting attention - and here I find myself giving of myself to provide you with that commodity - hence filter as I dont like to feed attention seekers
and appear to have a flaw that despite this, I do.
GLA
NtD