DTM Early Birds - Re: DTM Early Birds Stream Log - tipped today by shares magazine......

tipped today by shares magazine... shares mag tip Shares mag say to buy before results on 17th march. BELOW Shares in diamond miners have been volatile this year as many producers resort to selling goods at a discount to shift material. Retailers have been left with higherthan-expected inventory levels of diamonds as their own demand has been patchy, as reflected by poor Christmas holiday sales from jewellery giant Tiffany’s (TIF:NYSE), published on 12 January. While this negativity has cast a shadow on diamond miners, it does present a great buying opportunity and Gem Diamonds (GEMD) has to be top of the list. The long-term story for diamonds remains the same, regardless of the present market weakness. There’s been very few new discoveries of large deposits for many years, so supplies are likely to lag demand in the future. Gem Diamonds insists it hasn’t had to cut prices to shift its goods in recent months and says demand for its highquality stones remains strong. A trading update from Petra Diamonds (PDL) on 26 January flagged a ‘softer than usual’ market for rough diamonds, sending both its share price and peer group into freefall. But Petra’s share price has since recovered all the lost territory after reporting an improvement in selling prices in February. Interestingly, Gem Diamonds hasn’t staged a similar recovery, implying now is a great time to snap up the stock before the market cottons on. Get in before 17 March which is when Gem Diamonds reports full-year results and updates investors on sales activity so far in 2015; there’s expectations of a maiden dividend too.