The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Published 4113 days ago
Punters are standing by for an imminent trading update from Petra Diamonds (PDL) , following the company’s eagerly anticipated discovery of an exceptional 29.6-carat blue diamond at its historic Cullinan mine in South Africa.
Published 3168 days ago
Hello Share Shufflers. There’s been a lot of commendation for gold miners on this splendiferous website. And quite rightly, as many of them have put on impressive share value in the continuing uncertainty about currencies, Brexit, QE and so on. But if the value of gold rises, so should the price of silver, platinum and precious stones. So let’s not forget diamond miners like Petra Diamonds (PDL).
Published 69 days ago
There is an awful lot of talk about EBITDA in today’s interim results from Petra Diamonds (PDL) and that, on its own, should be a red flag. But there are many other warning signs too. Well done Lucian Miers for urging folks to add to shorts ahead of the numbers, the shares are down another 16% today to 24.2p but that is still far too high. Arguably by 24.2p.Published 1879 days ago
I have repeatedly warned you on this website that Petra Diamonds (PDL) is an accident waiting to happen. It is happening and this is one where the shares have a clear end game of 0p. Let’s start with the three top golden rules of investing in mining companies…
Published 1684 days ago
Yesterday, Petra Diamonds (PDL) issued an RNS which sounded like good news: “Recovery of Five High Quality Blue Diamonds”. Feck FYB thought the morons and the shares jumped by 10%…but this was dissembling. For beneath the bullish headline was not such good news:
Published 285 days ago
Diamond miner Petra Diamonds (PDL) has issued a “Q4 and FY 2024 Operating Update” including noting some recent net debt reduction and that it is looking forward to addressing the challenges ahead from a position of strength. However, it also notes now continuing diamond market weakness and Lucian Miers recently noted its management has been consistently over-optimistic in its assumptions and…Published 3474 days ago
The pros and cons of trying to call the low are illustrated currently on the daily chart of Petra Diamonds, where it does indeed appear that we have been delivered a sustainable turnaround in favour of the bulls.
Published 3414 days ago
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Octagonal (OCT), Petra Diamonds (PDL) and W Resources (WRES) setting share price targets for all three stocks.
Published 2093 days ago
Petra Diamonds (PDL) is a company that I covered back in March and so far I have been wrong about it having potential as a speculative investment, as the share price has just taken another big drop.
Published 68 days ago
Yesterday shares in Petra Diamonds (PDL) clawed back a few of Monday’s steep losses to close at c26p, a £50 million market cap. But on the bond markets it was a very different tale as you can see below. And that was telling as yesterday Petra was presenting to its bond holders and they clearly did not like what they were told.Published 2223 days ago
Diamond miners have performed very poorly of late, but that doesn’t mean that trend will continue indefinitely - and now could be a good time to buy with a longer term view. Petra Diamonds (PDL) is definitely one in this sector which has caught my eye lately, and is one of several diamond miners which I have kept an eye on over the years...
Published 1762 days ago
Buying bombed-out shares in companies that have previously run as successful businesses can be very lucrative if they somehow manage to turn things around, but it also offers a very high chance of losing all your money if you are proven wrong and hold to the bitter end. There are plenty of companies on the stockmarket that have been at death’s door but have managed to survive and have subsequently gone on to do quite well, but there are also a large number of others that went bust and where investors lost all their money, and there is a very fine line between the two if you do decide to take a risk on a company that finds itself in this situation.
Published 2005 days ago
As at June 30 2019 Petra (PDL) had net debt of of $541 million. The shares, 45p a year ago are now 8.735p valuing the company at just £75.6 million. The question is: will Petra go bust?
Published 71 days ago
Two things spring to mind encapsulating the difficulties of short selling, particularly in the US. First is the recent retirement of Hindenberg Research, aka Nate Anderson, who has had a superb track record over the last few years as Tingo, the Adani empire, Karl Icahn and Super Micro Computer discovered to their cost as well as a host of smaller outright frauds.Published 3488 days ago
Botswana Diamonds (BOD), the gem hopeful chaired by occasionally controversial veteran Irish entrepreneur John Teeling, has won a new prospecting licence in the southern African state of Botswana covering ground which the Dublin-based AIM company describes as having ‘the highest priority’. Lately out of favour with investors who have sent its shares down from a 12-month high of 2.62p to 0.83p now, BOD owns half of Sunland Minerals, its 50-50 joint venture with state-controlled Russian diamond heavyweight Alrosa, and the Botswana government has awarded Sunland a three-year prospecting licence, PL 260/2015, covering 25 sq.km. in the diamond-rich Orapa region.
Published 27 days ago
Having asked for readers tips for 2025 for the prize of 1/4 litre of Tom Winnifrith’s Greek Hovel olive oil (2025 harvest) HERE, the following is the end-March monthly update (to be eligible needed to have selected, on a once per username basis, one Buy and one Sell pick from the London Stock Exchange Main Market or AIM casino and they not then having had a shares suspension/cancellation announcement). And leading at the end of the first quarter is...
Published 57 days ago
Having asked for readers tips for 2025 for the prize of 1/4 litre of Tom Winnifrith’s Greek Hovel olive oil (2025 harvest) HERE, the following is the end-February monthly update (to be eligible needed to have selected, on a once per username basis, one Buy and one Sell pick from the London Stock Exchange Main Market or AIM casino and they not then having had a shares suspension/cancellation announcement). And leading early...
Published 9 days ago
Having asked for readers tips for 2025 for the prize of 1/4 litre of Tom Winnifrith’s Greek Hovel olive oil (2025 harvest) HERE, the following is an Easter update (to be eligible needed to have selected, on a once per username basis, one Buy and one Sell pick from the London Stock Exchange Main Market or AIM casino and they not then having had a shares suspension/cancellation announcement). And leading at Easter is...
Published 114 days ago
Following a recent reminder for the 2025 readers tips prize competition, here’s the list of entrants and the starting prices. Thanks to all, and I’ll update regularly as the competition progresses. Good luck!
Published 3388 days ago
So far the start of 2016 has seen many miners carry on where they left off in 2015, with continued drops in share price!
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