Great Day8 May 2009 19:19
Bought in quite big by my standards here at 124p, think this company will next 500% return in 2 years no problem at all. While sectors such as financials have got ahead of themselves this is a rare share which hasnt yet caught up with the economic turnaround/positivity.
This company only posted a loss due to writedown of assets and inventory. Hugely undervalued, these are something like the 3rd largest diamond producer in the world, at the end of the recession when china and india stretch the demand for diamons beyhond anything seen before this is going to be a share to own.
Personally its my view if your willing to hold 2-3 years this will hit all time highs of £11 plus.