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    Gemporia accounts - predictions?

    I have to make one final post as a response to TMWNN's latest post due to the insults thrown at me. TMWNN: I believe all my posts have been considered and logical, stating facts and also suggesting possible explanations as to why the channel is in it's current state & why I think it is...
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    Gemporia accounts - predictions?

    TMWNN - I'm going to withdraw from this discussion because you continue to either misunderstand the points I'm making or are twisting them to go off on strange tangents about soft gemstones and gold plated metals. And now you seem to be implying I've been justifying their current prices...
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    Gemporia accounts - predictions?

    There is a third and more likely reason why Gemporia aren't buying new stones which is because they can't afford them as the company is in financial trouble so are trying to maximise their returns from existing resources. I think you have misunderstood my previous post. I didn't say that...
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    Gemporia accounts - predictions?

    I've only had a quick look at 2017 but IMHO 2023 is far worse. Although turnover dropped significantly in 2017, I think this was partly due to the sale in Dec 2015 of JM and the closure of the USA channel. Both these will account for some of the drop in employee numbers as well as turnover...
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    Gemporia accounts - predictions?

    I agree - I don't think Gemporia will survive long term unless there is some new investment from someone who wants to genuinely turn it around and most importantly has the right contacts to be able to buy some decent gems at affordable prices that can get people inspired and interested again...
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    Gemporia accounts - predictions?

    TMWNN - I 100% agree with your summation of Gemporia's current sale tactics - I just shortened it to "dismal state". FYI - I am an accountant so I've deduced quite a bit from the 2023 accounts. If the results are better for the last 12 months trading it will be due to cost cutting - they...
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    Gemporia accounts - predictions?

    Hello everyone. This is my first post but I have been a long time reader of this forum and was a former Gems TV devotee many years ago. Like many of you, I have watched in dismay at how Gems has degenerated over the years to the point that I have hardly watched during the last year. Jess...
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