Member Info for JC03

Interesting. Is Vfone a customer of Tcity?

sorry 'not dissimilar'!

Thanks for sharing ds. Would be great to hear of any developments positive or negative. Something like that could potentially explain the unusual price movements. The sp movements are not the similar to AZEM before the Merck takeover offer.

I agree with it being heavily overdone. Often when targets are met or this close to being met because the guidance is locked in the sp increases. I suspect it is uncertainty about the future or confusion about the administrative costs most of which appear to be depreciation of tangible and non-tangible assets.

I'm not invested in this stock, but looked at it late last year and went for COP and AMER instead. However, I am back looking at it. It looks as though the returns could be great, but there seems to be significant delays and sovereign risk. There is plenty of cash around but with ongoing delays and if they lose the High Court case, they could burn through it. There is only one broker covering that I can see although very favourably. Does anyone have any information on the past performance in India of current management or any other relevant information, including a feeling on the Interim Statement and Accounts due on 27 February 2014?

I had been thinking the same thing although IMO the adjustments could happen any day.

Does anyone know why Espirito Santo Investment Bank Research is negative on the stock and estimates a target around half of all the others?

Rare blue diamond makes Petra sparkle The discovery of 30 carat blue diamond means Petra Diamonds (PDL.L) continues to be the ‘preferred diamond play’ for Numis. The miner discovered an ‘outstanding vivid blue’ 29.6 carat diamond, one of the rarest types of diamond, in the Cullinan mine in South Africa. Another blue diamond from the Cullinan mine sits atop of the Queen’s sceptre that is kept in the Tower of London. Numis analyst Cailey Barker retained a buy recommendation and put a target price of 165p on the shares. ‘Given past exceptional stones, this could add something in the order of $15 million to $20 million to the bottom line, which is easy money in our view,’ he said. Barker said he saw value in the shares over the long term and expected to see ‘steady earnings growth over the coming years’. ‘Petra Diamonds remains our preferred diamond play as a long term investment, with quality management and assets,’ he said.

On what basis do you say "should be strong results"?

Nice turn around in the SP, starting to make a little more sense now. Would be good to know what is happening with the new CFO.

Agreed. I believe it should be closer to it!

Does anyone have any further info? Does anyone know of a good forum that is used by more people?

And Threadneedle has rejected the offer, buying up over 10%..

Anyone have any thoughts about another potential suitor? They may be willing to offer more.

Does anyone have any info on the state of this stock and whether things are likely to turn around? Is it really just the sales performance which may be short-lived?

So, does anyone have any idea of any potential unpleasant surprises on this stock? Something doesn't add up and looks fishy.