De Beers: DBRSY | Stock Discussion Forums

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Gold/Mining/Energy
De Beers: DBRSY

An SI Board Since September 1998

Posts	SubjectMarks	Bans
87	6	0

Emcee: Adelantado	Type: Unmoderated

Introduction Compact

About the only thing I know about diamonds is that they cost a whole lot and that the world-wide production and sales are highly controlled by a very secretative group known as De Beers. The stability of reported earnings and dividend growth for the last five years appears to confirm this.

In times of depression and uncertainty, many peoples will tend to hoard gold and jewlery instead of currency as a means of retaining savings.

Yet, the price of its stock is at a long-time low, having eroded from about 37 August 1997 to a low of about 11 last month. Furthermore, the so-called asian crisis and the monetary colapse in the soviet countries have caused great uncertainty in the world money markets, driving many markets (including the U.S.) to long time lows.

I would think this would create a demand for more quality diamonds, to drive up the price and earnings for De Beers. But the market has failed to recognize my thinking.

So, what's wrong? Why is De Beers only attractive to bottom feeders during a shark frenzy?

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Reply	Message Preview	From	Recs	Posted
87	A good policy for those liberally minded wealthy class. As to common folks, I d	Adelantado	-	3/1/2000
86	De Beers pledges not to trade in 'blood diamonds' by Allan Robinson - W	Lilian Debray	-	3/1/2000
85	Its not a promiss, but a reality. Large man made over one carot size diamonds a	Adelantado	-	2/3/2000
84	No, I didn't see that special. Interesting to see whether this develops in	Dan P	-	2/2/2000
83	I agree with you. Did you see last night's PBS Nova special on man-made dia	Adelantado	-	2/2/2000
82	Primarily because I can't own them all. Also, it has had quite a move, and	Dan P	-	1/31/2000
81	Why wouldn't you own the premier diamond seller in the world? Joe	Adelantado	-	1/31/2000
80	Joe: Looks like this thread has been hibernating. Dbrsy has had a nice move d	Dan P	-	1/31/2000
79	News ("press release") that gave DBRSY a small bump: Monopros/De Bee	Adelantado	-	9/15/1999
78	Looks like debeers is serious about the nwt.https://www.siliconinvestor.com/rea	skelly	-	9/10/1999
77	IMO DBRSY is at its 52 high because of the general well being of the market as	Gee10	-	8/5/1999
76	Perhaps, but the news is kind of old; perhaps its just the normal summer wander	Adelantado	-	8/4/1999
75	DBRSY closed at 26 1/8 new yearly high. maybe because of this: mg.co.za cheers	skelly	-	8/4/1999
74	FYI. Canaccord has recently put out a report on De Beers. Looks good solid buy	Gee10	-	7/24/1999
73	Stock is up over 100% since December. Interesting article in Business Week : b	skelly	-	7/20/1999
72	what's the feeling on DBRSY here? buy or sell?	Lucretius	-	7/19/1999
71	Today's news: South Africa's beleaguered mines won a welcome boost on	Adelantado	-	7/9/1999
70	The partnership is only as good as the amount the partner returns in exchange..	Adelantado	-	4/27/1999
69	Another article on De Beers which is very interesting: biz.yahoo.com cheers	skelly	-	4/26/1999
68	Article today on debeers: LONDON, April 19 (Reuters) - Diamond giant De Beers	skelly	-	4/19/1999
67	Gerle Gold to start Blob Lake drilling Ge	Rob Hirtz	-	4/13/1999
66	Hey Joe, what kind of dividend does De Beers pay? average joe	average joe	-	2/23/1999
65	Hi Lilian Wrong Chain Lakes. I was hoping that would be the area as I am a big	zedex	-	1/17/1999
64	Found a map for Chain Lakes gov.ab.ca	Lilian Debray	-	1/17/1999
63	From Montello news release, the property described as in the Chain Lakes area i	Lilian Debray	-	1/17/1999

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