RE: The miser returns8 Mar 2021 22:05
I’ve been in and out of Gemd for several years now... had dividend payouts at times too. So I’d say I know the company fairly well as a small time private investor/trader can and in a nutshell... it’s almost criminal they’re at the price they currently are.
Only really two reasons to post negative (constantly) commments on here.... chip on the shoulder or de-ramping.
I’ve been in shares at the wrong time, numerous times, no one has that special magic crystal ball, and plenty that I got it pretty good.
So please, as much as you feel resentful or whatever version of negative you have within you.... throwing it out here doesn’t help anyone...... if at all, an adverse effect unless that’s what you’re gunning for (de-ramping).
The price is what it is, their results are what they will be, and if they choose to bring back the divi - fantastic as that will boost the price even more but why tell the world your woes on a company that you’ve invested in, want it to go back up and all that you’re doing is moaning about it. If they don’t reintroduce it, the price should still go up nicely anyway... they’ve had a great year and diamond prices are on the up and we shall be coming out of the COVID restrictions as the near future allows us. What is not to like there.
Regarding the “rumours” of the board....even if they’re true.... would they be the only company to do so? I think not