Petra Diamonds

114 days ago

Tom Winnifrith Bearcast: Vast Resources says something that it knows may not be true while Canadian Overseas deceives

I start with some fake news from the BBC, then it is Kefi Gold & Copper (KEFI), Vast Resources (VAST), Canadian Overseas Petroleum (COPL) and an Evil Banksta fave, as a bear, Petra Diamonds (PDL). Then to the DOS attacks against this website. we must be doing something right!

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1143 days ago

Tom Winnifrith Bearcast: Is this entrapment I see before me Charlotte dearest?

I start with communications received by email and twitter. I sense attempted entrapment by shareholders in the fraud Supply@ME Capital (SYME). Then it is onto a speech by Debbie Gupta of the FCA and her failure to understand why her organisation is not fit for purpose.  Then to Nightcap (NGHT), Petra Diamonds (PDL), Mountfield (MOGP), Skibiotherapeutics (SBTX) and me being fat as described here.

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1284 days ago

Tom Winnifrith Bearcast: Vela is today's Covid ramp but as a supposed beneficiary I say it is all bollocks

I speak as a type 2 diabetes sufferer, today’s Covid ramp from Vela (VELA) is total bollocks. I also cover stinky share dumping by the Trainline (TRN) bird, Petra Diamonds (PDL), where I am vindicated again but not holding my breath for BBMs to apologise, Wishbone Gold (WSBN), Panthera Resources (PAT) and POS Mosman Oil & Gas (MSMN) – now in the Minus 99% club. Time for boardroom bonuses all round I reckon, as it places again.

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1318 days ago

Petra Diamonds Dissembles as the countdown to doom continues, 13 days to go

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: 

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1374 days ago

Tom Winnifrith Bearcast: Why is Bidstack trolling Darren Atwater?

Answers on a postcard please. Anyhow, it prompts me to discuss when Bidstack (BIDS) will run out of cash again so will have to do another bailout funding (again), and the history of its associates harassing me. I discuss historic death threats I have received. Elsewhere, I have more words on Lenigas PLC and frenzied activity in gold. I look at Midatech Pharma (MTPH), Petra Diamonds (PDL) and Symphony Environmental (SYM).

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1455 days ago

This Really is Tom Winnifrith Bearcast: St James House surely the fat lady is gargling now?

This is my day of peak recordings – 7 hours of interviews and bearcast underway. I kid you not. apart from bearcast it is all great material for the Shareprophets shares show on May 9. I have just done the Jim Mellon recording which should knock your socks off. Poor man, he is trapped in lockdown in the Isle of Man but seems to be bearing up well. Anyhow, buy your ticket HERE. In this podcast I look at Eurasia Mining (EUA), Scancell (SCLP), 13 Energy (I3E), Arden Partners (ARDN), Petra Diamonds (PDL) and Intu (INTU).

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1509 days ago

Petra Diamonds the slide to zero accelerates – even at 3p the market cap is £25 million too high

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…

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1525 days ago

Tom Winnifrith Bearcast: what happens when the Donald Trump stockmarket bubble bursts?

I start with a bit about the US election this November, the Trump economic and stockmarket bubble and when it will burst. It is a when not an if and in that vein I review stocks that could be utterly cratered when the mood music changes including Petra Diamonds (PDL), De La Rue (DLAR), Versarien (VRS) and other jam tomorrow overvalued jokes and NMC Health (NMC). And I suggesy how you start to prepare for the bubble bursting.

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1531 days ago

Tom Winnifrith Bearcast: Cambridge, 14 March, £83, Lingerie on Expenses - She's back! Bargain!

hey what better way to mark International Women’s day than to hear an overpaid BBC nobody interview someone who  says she is “ A self-confessed believer in the human spirit, she is ‘ridiculously and overwhelmingly happy with the opportunities that she has to develop and how she can play into the amazing world that we live in.” Yup, you know who is back. Elsewhere in this podcast I discuss Versarien (VRS), whose Nomad DID resign, ValiRx (VAL), Sound Energy (SOU), Petra Diamonds (PDL), Novacyt (NCYT), Nostra Terra (NTOG) and Laura Ashley (ALY). I also ask you to be generous and give to a great cause today HERE

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1550 days ago

Tom Winnifrith Bearcast: Bat soup worries - should we sell becuase of the China Virus?

In short no, although this virus could well be far larger than some folks (Lucian) think. Elsewhere I discuss useless research from broker Goetz and Optibiotix (OPTI), Future (FUTR), Amigo (AMGO), Iconic (ICON), Oracle (ORCP) and Petra Diamonds (PDL)

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1635 days ago

Tom Winnifrith Bearcast - Forgive me while I point out how fecking clever I am - ref Defenx

On today’s podcast I look at Defenx (DFX), Big Dish (DISH), ask whether Mothercare (MTC) is heading for 0p, comment on  Versarien (VRS), Kier (KIE), Petra Diamonds (PDL), Egdon Resources and other UK onshore oilers, frackers or not and at Woodford Patient Capital Trust (WPCT)

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1639 days ago

Is Petra Diamonds going bust? – hat tip Waseem Shakoor

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?

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2165 days ago

Tom Winnifrith Bearcast - picking up Andrew Monk on a couple of things

Forgive the late bearcast. Blame it on Greek Hovel business. In today's podcast I look at Folli Follie, shares in which are slumping again as I warned you the other day HERE - tomorrow might be D (for Death) Day. I then take up Andrew Monk on AIQ (AIQ), Petra Diamonds (PDL) and the idea of consolidating brokers and Nomads via M&A. It makes no sense Andrew. Then I look at the GoTech (GOT) shambles - its now a dope play but frankly you must be a dope to own this stock. Then I cover Optibiotix (OPTI) again with a point folks like Cynical Bear have missed. Finally its i3 Energy (I3E). Thanks to those who have sponsored me as I suffer the dual agonies of walking 30 miles and having to listen to Brokerman Dan drone on all day, but 99% of bearcast listeners have not yet donated a tenner. Please do so HERE

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3104 days ago

Tom Winnifrith Bearcast 28 October - CEOs who suck up to me win no favours

It is one month to Gold & Bears and we now have a A1 bear speaking line-up. I hope that all bearcast listeners will be coming along - details on how to get a free ticket are HERE. I then discuss the new Bond. Political correctness gone mad. Then it is onto Meggitt (MGGT), Chemring (CHG), Plutus Powergen (PPG) - a total ffing disgrace - Petra Diamonds (PDL), DJ International (DJI) - my heroes of the day - CEB Resources (CEB), UK Oil & Gas (UKOG), Auhua (ACE) and the other China Norfolks, PeerTV (PTV) , LGO Energy (LGO) and I have a warning for the board at Minera (MIRL), I have a "treat" for you guys later. Smiley face.

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4077 days ago

Guest Post Sam Bottell: Sell Petra Diamonds

I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a piece on FTSE 250 listed Petra Diamonds. Sam writes…

Shares in Petra Diamonds (PDL) have risen since the publication of results for the six months to December 31st on 25th February. Supporters point to upbeat comments about the future by CEO Johan Dippenaar and to the fact that fairly “ordinary “ numbers were well flagged in an end January trading statement. “Look to the future” we are told but at 118p the company is capitalised at £602 million and is the future that sparkling? .

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4104 days ago

Guest Post Sam Bottell: Sell Petra Diamonds

I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a share tip from TradingResearch Point on Petra Diamonds. I happen to agree with his conclusion. In fact I’d be more damning.

Mining in South Africa is clearly not easy – something a trading statement from LSE listed Petra Diamonds (PDL) makes explicitly clear. The numbers for the six months to December 31st will be a bit disappointing but, worse, Petra guided investors to reduce their expectations for the year to June 30th. The shares now trade about 10% ahead of 12 month lows at 110p valuing Petra at £562 million but it appears hard to judge this company as the investor’s best friend at this level.

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