I haven't adjusted the shares issued, based on Russett's comments, but I thought I would
a look at the diamond stocks in my list after the first 14 trading days of the year.
(Buy declining market cap:)
Symbol Shares 2003 1/20/04 YTD Market Cap. (mil)
Issued Close Close Change 1/20/04
ABZ 55,928,234 47.01 48.56 3.3% 2,716
SUF 72,878,400 5.36 5.95 11.0% 434
TAH 439,365,309 0.29 0.39 36.8% 171
MPV 66,928,967 2.55 2.50 -2.0% 167
EET 54,925,666 2.16 2.62 21.3% 144
SWY 54,965,317 1.85 2.30 24.3% 126
ACA 67,926,425 1.48 1.68 13.5% 114
SGF 33,684,916 1.90 1.69 -11.1% 57
MTX 21,889,373 2.35 2.14 -8.9% 47
KRT 52,166,545 0.94 0.87 -7.4% 45
DSP 46,447,332 0.81 0.96 18.5% 45
SRM 41,120,625 0.63 0.77 22.2% 32
TWG 89,815,654 0.40 0.34 -16.3% 30
GGL 65,328,020 0.47 0.45 -4.3% 29
DDN 21,954,219 1.09 1.00 -8.3% 22
GEM 40,884,014 0.44 0.45 2.3% 18
CDC 46,643,096 0.25 0.37 48.0% 17
BAN 31,389,816 0.52 0.47 -9.6% 15
ADD 22,362,581 0.68 0.62 -8.8% 14
MAJ 28,872,057 0.29 0.27 -6.9% 8
DVV 19,264,000 0.30 0.33 10.2% 6
SAZ 21,203,058 0.18 0.22 25.7% 5
DOS 8,914,557 0.44 0.39 -10.3% 3
(by percentage return)
Symbol Shares 2003 1/20/04 YTD Market Cap. (mil)
Issued Close Close Change 1/20/04
CDC 46,643,096 0.25 0.37 48.0% 17
TAH 439,365,309 0.29 0.39 36.8% 171
SAZ 21,203,058 0.18 0.22 25.7% 5
SWY 54,965,317 1.85 2.30 24.3% 126
SRM 41,120,625 0.63 0.77 22.2% 32
EET 54,925,666 2.16 2.62 21.3% 144
DSP 46,447,332 0.81 0.96 18.5% 45
ACA 67,926,425 1.48 1.68 13.5% 114
SUF 72,878,400 5.36 5.95 11.0% 434
DVV 19,264,000 0.30 0.33 10.2% 6
ABZ 55,928,234 47.01 48.56 3.3% 2,716
GEM 40,884,014 0.44 0.45 2.3% 18
MPV 66,928,967 2.55 2.50 -2.0% 167
GGL 65,328,020 0.47 0.45 -4.3% 29
MAJ 28,872,057 0.29 0.27 -6.9% 8
KRT 52,166,545 0.94 0.87 -7.4% 45
DDN 21,954,219 1.09 1.00 -8.3% 22
ADD 22,362,581 0.68 0.62 -8.8% 14
MTX 21,889,373 2.35 2.14 -8.9% 47
BAN 31,389,816 0.52 0.47 -9.6% 15
DOS 8,914,557 0.44 0.39 -10.3% 3
SGF 33,684,916 1.90 1.69 -11.1% 57
TWG 89,815,654 0.40 0.34 -16.3% 30
Forgive my adding CDC (China Diamond Corp) formerly PAR, and EET as they have no
Canadian diamond interests (I don't follow them closely, but others on SI do.)
I don't think TAH can hold it's current SP for very long. It looks to be due for a
consolidation.
I would say ACA has some room to move up, and are more likely than TAH
to have a pleasant surprise for shareholders (IMHO).
SGF could also be an underdog. They are at the minibulk stage and have a huge resource,
but of questionable economics. If the economics are good, DeBeers would want it.
THe only Westwind pick to drop this year is MTX. If this comes out with a good news release,
this will explode. However its a gamble, with no convincing data shown.
My dog is TWG. I expected much more, but it looks like they are spread a bit thin,
perhaps hedging their bets, perhaps milking us Shareholds for years.
I was hoping to sell it on the next spike, but its long in coming.
DDN, SRM, GEM & DSP are all good bets (which I also own). The report picked stocks that
many of us saw as the best bets, or perhaps the wheat as WIll would say.
LMBF. |
