Member Info for FastJezza

The IG Index live price is up 14.55% as I write (sell at 7.73/buy at 8.02). Setting yesterday's nasty slide aside, the share price between Monday morning and now has proved fairly resilient all things considered.

I'm invested here, and as keen as anyone to read good news. If I'm wrong I'll be delighted. But multiple (potential) pay zones alone do not commercial outcomes make. And the division of the company into two doesn't add any money to the pot already there. The fact that they've been talking to possible sources of finance for acquisition purposes does mean the share base is likely to be expanded, and thinned in the process. They'd be bound to issue shares to the institutions at a discount to the prevailing share price.... I'm still hopeful, but keeping it real.

Looks less than brilliant - less gas, more water, although deep well testing still to come. And any new acquisitions are going to have to be paid for - dilution inevitable, I fear.

11.529p Let's see how durable it is.....

In theory, this should be largely share price neutral - the demerger is creating two companies from one but shareholders retain an interest in each of the companies going forward. It creates the possibility that either of the two companies (Energy/Resources) could be sold to another party if the right conditions prevail. It also means that success or failure in either area would not have a disporoprtionate effect on the share price of the other group company (the reference in the circular to a "more transparent market value being placed on the Zijinshan Gas Project") by this means is a case in point. I've been watching the share price on IG Index since the RNS and an initial drop of 9.5% has come back to a fall of 2.7% as I write. I suspect the real question for us as shareholders is the same today as it was yesterday - is there meaningful commercial flow at Zijinshan?

The company's energy and mineral plays are being separated out into two separate firms. The gas part becomes Leyshon Energy and the gold and will be Resources. http://www.asx.com.au/asxpdf/20130913/pdf/42jc8gydfbfnnc.pdf

Johan Dippenaar, CEO of Petra, commented: "Petra enters the second half of FY 2013 in a strong position to continue its robust long-term growth trajectory, with fully funded expansion programmes progressing as planned, well controlled costs and significantly higher sales expected in H2 due to seasonal tender timing. Our FY 2019 target of 5 million carats remains on track." Analyst presentation and webcast A presentation for analysts will be held at 9:30am GMT on 25 February 2013 at the offices of Buchanan, 107 Cheapside, London EC2V 6DN. A live webcast of the analyst presentation will be available on Petra's website at www.petradiamonds.com and on the following link: http://www1.axisto.co.uk/webcasting/investis/petra-diamonds/interim-results-2013/index.html.

Thanks for that. I came across these a couple of years ago via another IC tip and have been following ever since. Having been fortunate with timing recently I sold my holding today for a quick 15% but I must say I was sorry to see them go and if a market dip takes them down again in the future I will buy again.

Would love to know what the catalyst for today's rise is..... But like this company a lot - appears solid, growing steadily but not too quickly, and the directors very well invested despite the recent sales.

http://www.insurancetimes.co.uk/rq-reaches-settlement-with-ace-in-legal-dispute/1400702.article

These have touched 1075 today, having clawed back a drop from similar levels to 990 a month ago. The share price has been picking up ever since, often in defiance of market down days. I like this company and own a chunk of shares - does anyone else hold, and have any thoughts on where the recent strength is coming from? I don't think it's the prospect of new orders for Drachmas at the moment, while the eurozone is (relatively) quiet. No talk of another takeover pitch from Oberthur either.

Share tip summary Admittedly, the shares trade on 1.3 times Numis's net tangible assets estimate of 79p for end-2012. But their price has fallen by about a quarter since July last year, and they are now rated roughly in line with the likes of Hiscox and Amlin. Yet both suffered far heavier losses from last year's catastrophes, their investment book performance looks weak in comparison and their shares can't match the yield on RSA's. Add to that in RSA's favour the decent growth in its premium rates and the de-rating of its shares looks overdone. Buy.

Fairly small potatoes, but still..... http://www.moneyam.com/action/news/showArticle?id=4383293

Did they really say Euro 2012? :-)

Now you're talking....

Hi - this board is quiet, so thought I'd jump in. I bought a chunk of these in December in the low nineties for the dividend and saw the usual drop after the share went ex-dividend but was very pleased to see it climb back all the way to more than a pound recently at which point I sold - not because I don't like the share any more but because I wanted to take my profits to look for dividends elsewhere. Even at today's price it represents an increase in share price of around 5% since December with, as you say, a really good dividend thrown in. In fact it's not easy to find a share that pays as well with a similar degree of risk (I'm currently trying to decide whether to buy RSA - good divi but volatile industry sector). So - if you like the company as much as you say you do, I'd hold on. I am thinking of buying back in again at some point soon, party for the next divi and partly because I think the business & share price may well be re-rated upwards still further. Good luck.

http://www.stockopedia.co.uk/content/marstons-stronger-and-cheaper-63581/

Those trade times are not reliable.

Now confirmed by FT that Oberthur have walked away. It does give rise to the question - how long will it take for the share price, now at 695 pence, to approach anything like the 905 pence that were on the table a few weeks ago. And whether the directors should have kept it to themselves for as long as they did.... There are vews to be had on both sides, but....

.... since writing here less than three hours ago, the price has plummeted - the "real time" price showing in my IG Index account is even lower than on here - below 700p or approx 15% down. Quite a correction, and one that suggests to me that Oberthur may have walked away.