Retailers On The Rebound

Marks & Spencer MKS what a pleasure it is to see a shopkeeper back in charge of Marks and not just any old shopkeeper but one who knows the business inside out, one who has started turning it round in a very short time and who sounds confident and is confident that he can do […]

HSBC Worried About China

HSBC (HSBA) has found slowing growth in China is creating a bumpier financial environment and becoming an increasing cause for concern. Reported profit before tax for 2015 rose by 1% (far, far less than Chinas reported growth ) and operating costs rose by a sturdy 5%. At least it had a year free of new […]

Diamonds – Starting To Sparkle Again ?

Gem Diamonds (GEMD) has risen by 20% since the 20th December, clawing back some of the falls suffered since last years peak of 165p in June. The rise comes despite the continuing weakness in the diamond market and is partly due to the Letseng mine, the jewel in GEMD’S crown and which specialises in producing […]

Diamonds Will Still Be Forever

Unless the pessimists are right about the collapse of the world economy – and they never have been yet – the one sure thing to come bouncing back will be diamonds. It only seems yesterday that the future for diamonds was bright, prosperous and everlasting. The Chinese and Americans were falling over themselves to buy […]

Petra Diamonds (PDL) Are Not Forever

Diamonds would always be in demand it was said, mainly because of the huge demand from India where every bride has to be, if not smothered in them, at least well decked out in glittering diamonds. Secondly there was the Chinese market with its new rich and new middle class demanding the same baubles as […]