Gains in Gem Diamonds (LON:GEMD) offfset my losses in Ig Group (LON:IGG), leaving me struggling to keep up with the FTSE All-share.
Increased profits posted today and the share price currently up 6.44% on the HL site. Undervalued by 75% according to Simplywallstreet. I'm up 30% after buying a couple of months ago.
My shares are now up about 50% and climbing. It would be good to have a Stockopedia comment on Gem Diamonds.
I know nothing about Gem Diamonds (LON:GEMD) however, Stockopedia loves it - it has excellent stock rank of 97, if you were to make NAPS style portfolio it would get in due to its Value Momentum score. So on a technical/Quant basis it seems a screaming buy.
I do not know anything about Gem Diamonds - however, I am put off - possibly unfairly - from investing because it is a play on diamond mining in Africa.
