Re: directors jumping? If directors were happy to cash-in their options back in June for around 90p, then its maye best to kiss this share goodbye for a while.Something odd is going on. I shall keep you updated about the next Sp targets here!
directors jumping? ...quite interesting to see that company directors were either excercising all of their options (cashing-in) or done quite a few SELLs lately.[link] Hamilton 106.47 GBX 100,000 120000 17-Jun-15 Sell Trade Notifier Information for Petra Diamonds Ltd.(DI)Jim Davidson 155 GBX 750,000 640000 17-Jun-15 Sell Trade Notifier Information for Petra Diamonds Ltd.(DI)David Abery 155 GBX 250,000 1979649 17-Jun-15 Sell Trade Notifier Information for Petra Diamonds Ltd.(DI)Johan Dippenaar 155 GBX 750,000 640000 17-Jun-15 Sell Trade Notifier Information for Petra Diamonds Ltd.(DI)Adonis Pouroulis 155 GBX 250,000 9564650 17-Jun-15 Buy Trade Notifier Information for Petra Diamonds Ltd.(DI)Anthony Lowrie 155.05 GBX 1,000,000 1000000 15-Jun-15 Exercise of option Trade Notifier Information for Petra Diamonds Ltd.(DI)Adonis Pouroulis 85 GBX 250,000 9814650 15-Jun-15 Exercise of option Trade Notifier Information for Petra Diamonds Ltd.(DI)Johan Dippenaar 85 GBX 750,000 1390000 15-Jun-15 Exercise of option Trade Notifier Information for Petra Diamonds Ltd.(DI) David Abery 85 GBX 250,000 2229649 15-Jun-15 Exercise of option Trade Notifier Information for Petra Diamonds Ltd.(DI)Jim Davidson 85 GBX 750,000 1390000 What a bunch of p l onkers!
Re: Under the cosh! Goodness! RSI just under 13, and increased volume, but is that full capitulation? Some confusion over price on iii too. Its anyones guess as to whether PDL can recover properly from here, or bounce and then continue the downtrend.
Re: Under the cosh! 96p broken. Now then, where next? Any bang on predictions?
Re: Under the cosh! There's certainly seems to be a whiff of panic lately from the bigger players with reports of price reductions, inventory stocking to hold back supply, marketing campaigns in China's newer growth cities etc.I don't know about 60p, but perhaps the historic 96/97p support may be too obvious now and may be severely tested with the soft market is predicted into next year and beyond? We'll see?
Re: Here we go my machine predicted Directors Buying..unless they got a magic machine?...
Re: Here we go Ideally ..wait for £1<<BANG ON!!
Re: Under the cosh! I agree Andy about your long term thoughts. Although there was some splendid volatility yesterday! However, it does need to stay above 95p - £1.00, but given what we now know about the company, the prices of diamonds and the china buyers, there still could be trouble ahead..
Re: Under the cosh! tt - the longer term weekly chart show strong support around 60p! Doesnt seem possible right now, but IF markets really got nasty its a possibility I suppose. I am just happy to sit on cash for the most part now, until things become clearer.
Re: Under the cosh! Indeed, yet Motley Fool and a hatful of brokers still see long term value? As you say just a few pips away from which its bounced a few times over recent years.Nearly five weeks in free fall and a share price roughly half of that at the turn of the year, could we be witnessing the final squeeze from the titans capable of moving a market? We'll see soon enough I guess?TT
Under the cosh! Sentiment really dire for poor old PDL, and the jj article isn't exactly helpful - prospects look very unclear. The 5 year chart shows that IF the 96/97p area is breached the SP could certainly suffer some more. The break below the bottom of the trading channel was a warning with heeding.
NEW ARTICLE: Petra Diamonds roughed up by weak market "Last year was clearly a purple patch for LSEDLetra Diamonds. A robust diamond market meant profits grew rapidly and management said it would start to pay dividends in 2015, a year earlier than expected.The share price hit a record high at ..."[link]
Re: Here we go Ideally ..wait for £1 (106)..<<<BANG ON!!
Results: Date : 18/09/2015 @ 070Source : UK Regulatory (RNS & others)Stock : Petra Diamonds (PDL)Quote : 108.1 0.0 (0.00%) @ 050HOME » LSE » LSE » Petra Diamonds share price Petra Diamonds Limited Preliminary ResultsShare On FacebookPrintAlertTIDMPDLRNS Number : 4443ZPetra Diamonds Limited18 September 2015 18 September 2015 LSE: PDL Petra Diamonds Limited("Petra" or "the Company" or "the Group"Preliminary Results Announcement for the Year ended 30 June 2015 (unaudited)Declaration of Maiden DividendPetra Diamonds Limited announces its preliminary results (unaudited) for the year ended 30 June 2015 ("the Year" or "FY 2015".Financial Highlights -- Revenue down 10% to US$425.0 million (FY 2014: US$471.8 million). -- Adjusted EBITDA(3) down 26% to US$139.3 million (FY 2014: US$187.7 million). -- Adjusted net profit after tax(4) down 33% to US$62.8 million (FY 2014: US$93.7 million). -- Net profit after tax down 12% to US$59.6 million (FY 2014: US$67.5 million). -- Adjusted EPS(4) : 10.09 US$ cents per share (FY 2014: 14.82 US$ cents per share). -- Basic EPS from continuing operations: 9.46 US$ cents per share (FY 2014: 12.80 US$ cents per share). -- Adjusted operating cashflow(8) down 22% to US$141.3 million (FY 2014: US$181.2 million). -- Net debt(9) : US$171.7 million (30 June 2014: US$124.9 million). -- Financial results for the Year were negatively impacted by underground production being reliant on mature, diluted mining areas, as well as the weaker diamond market, though partially offset by the favourable impact of the weakening in the Rand for the Year.Operational Highlights -- Production up 2% to 3.2 Mcts (FY 2014: 3.1 Mcts), in line with Company guidance. -- Operating costs remained well controlled. -- Capex of US$274.1 million (FY 2014: US$211.2 million), in accordance with the roll-out of the Group's expansion programmes. -- Safety: Group LTIFR improved to 0.29 (FY 2014: 0.32). -- Gross Diamond Resources (inclusive of Reserves) increased 2.5% to 308.7 Mcts (30 June 2014: 301.1 Mcts).Corporate -- Maiden dividend declared of 3.0 US$ cents per share for FY 2015. -- Issue of US$300 million senior secured second lien loan notes (the "Notes". -- Increase of Group's lender facilities by ca. US$77.2 million to ca. US$290.1 million. -- Re-financing of US$98 million Black Economic Empowerment ("BEE" partner loans. Outlook -- Expected FY 2016 production of 3.3 - 3.4 Mcts, an increase of 3 - 6% on FY 2015 production. -- Undiluted ore from the new mining areas will start to contribute meaningfully to the Group's production profile from H2 FY 2016 onwards.-- Commencement of construction of a modern processing plant at the Cullinan mine post Year end.-- Petra has made a solid start to FY 2016 in terms of production, with the operations as a whole performing according to expectations, including achieved grades at Finsch and Cullinan. Further information will be provided in Petra's Q1 FY 2016 Trading Update to be released late October. -- Petra remains firmly on track to reach longer-term target of ca. 5 Mcts by FY 2019. -- For FY 2016, the Company's financial results are expected to be favourably impacted should the ongoing weakness in the Rand continue.-- Petra announced 2016 diamond pricing guidance in July 2015 with the assumption that pricing would remain flat in FY 2016 versus the pricing achieved for H2 FY 2015. Since then, volatility in the broader rough diamond market has been widely reported and these uncertain market conditions may result in deviations from Petra's previously guided prices. -- Petra's first tender of FY 2016 will be held in early October. Johan Dippenaar, CEO, said:"As already reported, FY 2015 was a challenging period, both
Re: Lowrie I don't know who Lowrie is (!), but if he is on the mgt board there is plenty of examples of mgt buying the shares only for them to tank. So I don't put as much on such purchases as others might.£1.084 to buy now.