Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on GEM DIAMONDS LTD. We currently have 63 research reports from 6 professional analysts.
|15Mar17 07:00||RNS||Full Year 2016 Results|
|03Mar17 07:00||RNS||Notice of Results|
|16Feb17 08:16||RNS||Update on the future of the Ghaghoo mine|
|06Feb17 07:00||RNS||Q4 2016 Trading Update|
|30Jan17 07:00||RNS||Notification of Q4 2016 Trading Update|
|12Dec16 09:19||RNS||Change of External Directorship|
|30Nov16 10:30||RNS||Total Voting Rights|
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Research reports on
GEM DIAMONDS LTD
GEM DIAMONDS LTD
The Momentum Continues - 2017 to be a Good Year
16 Mar 17
Welcome to IIR’s second “Blue Book” for Junior Resource Companies. This publication covers over 60 resource companies that were present at the 121 Group’s 2017 Cape Town Conference, held at Welgemeende in the Gardens district on February 6-7, 2016. The summaries in the book have been prepared with the assistance of the 121 Group based in London/ Hong Kong and Gavin Wendt from Minelife in Sydney, with the introduction being prepared by Mark Gordon and Gavin Wendt. The company information is accurate as at the time of the conference – and further information on the companies can be provided upon request.
Panmure Morning Note 15-03-2017
15 Mar 17
Gem Diamonds full year 2016 results have carried the full weight of the Ghaghoo impairment within what has been, if we are honest, a disappointing year. We continue to believe that Gem can continue to tick off our three catalysts to regain investors’ confidence in 2017. To that point, we expect today’s analyst presentation to contain details of the new mine plan, waste stripping profile and improved cash generation, the second catalyst we previously outlined with improving diamond recoveries being another key target
SP Angel – Morning View
15 Mar 17
BlueRock Diamonds* (BRD LN) 4.5p, Mkt Cap £2.5m – Operational update and £150,000 loan facility | Gem Diamonds (GEMD LN) 110 pence, Mkt Cap £152m – 2016 Results | Metals Exploration (MTL LN) 4.1p, Mkt Cap £85m – Runruno update | Ortac Resources* (OTC LN) 0.03p, mkt cap £2.8m – 1:100 share consolidation | Scotgold Resources (SGZ LN) 0.55p, Mkt Cap £8.8m – Feasibility Study update for Cononish | Vast Resources (VAST LN) 0.54 pence, Mkt Cap £24.9m – Update on Pickstone Peerless
Ghaghoo on C&M, time to focus on Letšeng’s value
16 Feb 17
Following on from the company’s Q4 trading update on 6 February, we noted three key factors to drive a rerating in the share price. Today, the company has ticked off item number one on its to-do list, by placing the Ghaghoo mine on care and maintenance. We reiterate our Buy recommendation and 156p target price.
Strong trading leads to upgrades
22 Mar 17
On the back of today’s positive trading update and slightly upgraded profit forecasts for FY2017, FY2018 and FY2019 we have reviewed our DCF analysis. This has led to an increased DCF valuation per share of 1500p (from 1200p) which we have made our new target price (from 1200p). Both TFP and JC Paper have contributed to the upgrades shown in the table below as have favourable currency movements. With the potential for further upgrades due to capitalising 3DP costs to come we maintain our Add recommendation.
Small Cap Breakfast
21 Mar 17
First Sentinel—Investment company expecting NEX admission/introduction on 24 March. £636k raised pre-IPO. BioPharma Credit—Expected Gross Initial Acquisition Proceeds now c.$338m. Gross Cash Proceeds capped at $423m with placing and open offer. Results expected 23 March with admission now due 30 march. Tufton Oceanic Assets- The Company intends to invest in a diversified portfolio of second hand commercial sea-going vessels where the Investment Manager believes that an attractive opportunity exists in shipping. $150m raise. Admission 3 April.
Bang to rights
21 Mar 17
Tullow unexpectedly announced a US$750m rights issue on Friday at a 45.2% discount to the previous close. While this step confirms our investment thesis, the scale of the discount and the timing look like a slap in the face for investors and/or indicative of a weaker financial position than we are modelling. We publish revised estimates to reflect the impact of the issue and cut our Target Price to 215p per share (from 245p). We maintain our Hold recommendation.
Panmure Morning Note 22-03-2017
22 Mar 17
Acacia Mining and Endeavour Mining confirmed merger talks have now ended with Endeavour claiming an inability to “create adequate value for Endeavour shareholders”, most likely, we believe, given the disappointing ruling from the Tanzanian government on copper-gold concentrate sales. We were positive on the merger and believed a credible London listed Pan-African producer capable of challenging Randgold, would have been established. We make no change to our Hold recommendation today, and expect the shares to be marked lower in early trade.