Post by
Diamondboy123 on Apr 02, 2024 5:49pm
Made roughly same dough as 2022
Absent notional impairment charge. If rough goes up (which it will) the charge will be reversed and it will appear like they made 100 million more then they did. Nothing wrong at all with these numbers. In fact there great re cutting costs and creating efficiencies that were absent in years prior. Price is an absolute steal at these levels.
Comment by
explman on Apr 03, 2024 12:25pm
I think Will's commentary is balanced and spot on. If all you want is to make a bet on diamond prices there may be better companies, less debt.
Comment by
Diamondboy123 on Apr 03, 2024 3:34pm
Finally we agree eman. I posit that they go up. Let's see.