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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dekel Agri-vision Plc | LSE:DKL | London | Ordinary Share | CY0106502111 | ORD EUR0.0003367 (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.275 | 145 | 08:00:01 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 1.20 | 1.35 | 1.275 | 1.275 | 1.275 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Veg Oil Mills,ex Corn & Oth | EUR 31.21M | EUR -833k | EUR -0.0015 | -8.47 | 7.1M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:09:32 | O | 145 | 1.35 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 15/4/2024 | 09:10 | UK RNS | Dekel Agri-Vision PLC Director dealing / PDMR shareholding |
| 11/4/2024 | 11:10 | ALNC |  Dekel Agri-Vision eyes strong first half as palm oil production grows |
| 11/4/2024 | 07:00 | UK RNS | Dekel Agri-Vision PLC Q1 2024 Palm Oil and Cashew Operations Update |
| 12/3/2024 | 13:51 | UK RNS | Dekel Agri-Vision PLC Director/PDMR Shareholding |
| 12/3/2024 | 07:00 | UK RNS | Dekel Agri-Vision PLC Director/PDMR Shareholding |
| 11/3/2024 | 12:51 | ALNC | Dekel Agri-Vision "well positioned" as palm oil output up in February |
| 11/3/2024 | 07:00 | UK RNS | Dekel Agri-Vision PLC February Palm Oil Production & Issue of Equity |
| 21/2/2024 | 13:05 | UK RNS | Dekel Agri-Vision PLC Holding(s) in Company |
| 13/2/2024 | 09:57 | ALNC | Dekel Agri-Vision reports higher output but crude palm oil price fall |
| 13/2/2024 | 07:00 | UK RNS | Dekel Agri-Vision PLC January Palm Oil Production Update |
Dekel Agri-vision (DKL) Share Charts1 Year Dekel Agri-vision Chart |
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1 Month Dekel Agri-vision Chart |
Intraday Dekel Agri-vision Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/4/2024 | 12:36 | DKL with Charts & News | 3,074 |
| 18/1/2016 | 11:27 | DEKELOIL - PALM OIL FROM THE IVORY COAST | 750 |
| 28/3/2006 | 09:54 | DKL can we have some more sellers please!! | 127 |
| 26/8/2003 | 15:34 | DKL...Lets start a new thread shall we | 89 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 07:09:32 | 1.35 | 145 | 1.96 | O |
| Top Posts |
|---|
Posted at 19/4/2024 09:20 by Dekel Agri-vision Daily Update Dekel Agri-vision Plc is listed in the Veg Oil Mills,ex Corn & Oth sector of the London Stock Exchange with ticker DKL. The last closing price for Dekel Agri-vision was 1.28p.Dekel Agri-vision currently has 559,404,153 shares in issue. The market capitalisation of Dekel Agri-vision is £7,104,433. Dekel Agri-vision has a price to earnings ratio (PE ratio) of -8.47. This morning DKL shares opened at 1.28p |
Posted at 11/4/2024 18:19 by outlawinvestor Ptolemy - which exec? Would be nice to know the details. If it was acquired before founding DKL I can't see why it is a problem after all DKL foremost a large scale processor rather than a grower. If after DKL and the company had first refusal, again I don't see a conflict. And no issues purchasing FFB from the exec's plantation as long as it is at the same commercial rate paid to others since at the end of the day you either buy feedstock from wherever you can find it or keep your mill idle.Aris, non-exec board member, owns a rubber plantation in CI but obviously that's not who you are referring to. |
Posted at 19/3/2024 10:47 by smithie6 Armstrong & Milton & any other independent holder of >3% imo need to call an EGM to vote1) to sack Mr Raisin the CEO (but that he serves out his notice of 2 years located in the Ivory Coast (. ;-). ) as an operations/site manager/assistant & not as CEO or accepts a pay off of 1 year) since he seems to be located in Israel when the company operations are all in the Ivory coast !! & he seems to devote very little time to DKL work. The active exec. for the co. appears to be Lincoln Moore. And for the dubious process of creating ventures to then sell them to DKL, to enrich himself rather than to enrich/benefit DKL shareholders (as required by the Company Act 2006). 2) require that all execs must work at least 5 days/week (>37.5 hours/week, 5 weeks annual holiday ) for DKL & to be located in Ivory Coast for >=90% of the year. 3) remove/replace the non-exec chairman for being a completely ineffective yes man, a pawn of the exec dirs & he has co-operated with the dubious actions of the Israeli exec dirs. And due to having been the chairman for many years & the rules for good company governance imo require the chairman to be replaced every X years. 4) put a representative of the independent shareholders on the board as a non-exec to try to safeguard the interests of the normal shareholders. This could be from First Equity Limited (which holds ~10% of the co.) or someone nominated by them. 5) if Lincoln Moore has in reality been doing the functions of CEO for the X years then perhaps appoint him as CEO on a trial basis, to be confirmed as CEO if ok performance. He has been interacting with the stock market via RNSs, financial PR companies & shareholders & has been interacting/directin |
Posted at 17/3/2024 18:53 by smithie6 Looking at dirs. options.35.5 million share options, 29 million exercisable at 3.3p. ~5.6 m of them need the share price to be >=6.0 before the options can be exercised. Almost all share issues to investors have been at notably higher share prices such as 13.25p, imo it is not morally correct for the bod to raise money from investors at 13.25p but issue large amounts of options to themselves at 3.3p; but hey, these ditectors only score 0/10 on almost everything (as highlighted by many different posters on this msg board) & they sell their own ideas to Dekel at any inflated price so it would be a surprise if they acted correctly for share options. In return for cumulated losses of ~18 million € ....and shareholder assets of ~13-15 million€ after raising 40-50million€. !! And shareholders don't complain or take any action against the bod !. |
Posted at 15/3/2024 21:35 by smithie6 Cashew nutsLet's recall the initial deal for buying a stake in the project June 2018 "The exercise price will be calculated by reference to the higher of (i) 4.5x reported EBITDA of Pearlside in its last published audited annual accounts prior to exercise of the option and (ii) the valuation of EUR18 million for the entire issued share capital of Pearlside" Pearlside owned/owns the company that had the idea to do the cashew nut project. "Related Parties Youval Rasin, CEO and 16.0% shareholder of DekelOil, presently has an indirect interest of 13.8% in Pearlside. In addition, Yehoshua Shai Kol, CFO and 3.6% shareholder of DekelOil, and Lincoln Moore, Executive Director and 0.5% shareholder of DekelOil, both of whom are indirect investors in Pearlside with interests of 13.8% and 3.0% respectively, will join the board of Pearlside. Accordingly, the Acquisition constitutes a related party transaction in accordance with AIM Rule 13. Therefore, Andrew Tillery and Bernard Francois, Non-Executive Chairman and Non-Executive Director respectively at DekelOil, and who are independent of the Transaction, and having consulted with the Company's Nominated Adviser, consider the terms of the Option to be fair and reasonable insofar as DekelOil's shareholders are concerned. In forming this opinion, Mr Tillery and Mr Francois have taken into account the conclusions of an independent valuation report prepared by PKF Littlejohn LLP on Pearlside, and in particular the forecast cashflows of the Capro project." Some people might argue it was an intentional scam .....with the directors of lse/dkl buying in to a project where they were the sellers ! And arguably using a wildly bloated unreal valuation after almost no prior cash investment by the sellers & a project that had no turnover at the time of the investment but the sellers and the buyers agreed that it was worth 18m€ ! (At that moment, ref. the RNS). Note that the buyers and the sellers included many of the same people, Youval Rasin, Yehoshua Shai Kol, and Lincoln Moore. I note that an investment in to the project was made from Singapore....a well know tax haven. The cashew nut project has been a complete disaster so far, and started in 2018, it is now 2024 & is still not fully operating...& as always, it is waiting for new items, to make changes to the processing machinery. Every year the same story. If the Israeli directors could be found & started taking part, in Africa, rather than doing financial games to sell non-existing projects to DKL for ridiculously high prices, arguably just to enrich themselves & the use of distant tax havens..... perhaps DKL would be much better off. Or if all the exec dirs departed & new directors took over, directors willing to be based in the country of operations & who have experience & skills in the sectors of palm oil extraction & cashew nut extraction. Who knows, perhaps the new 9-10% shareholder might be willing to demand some changes or threaten to call an EGM to vote to remove all exec dirs. who are not located 'in-country' near the operations & fully devoted only to their DKL responsibilities. Having any directors located in Israel or wherever they are has clearly been a complete disaster. (Some posts claim that Lincoln Moore was based in Lisbon ! I don't know if that is/was true). |
Posted at 14/3/2024 23:45 by smithie6 BtwAt one time DKL had bought 70% of the cashew nut operation (I perhaps shouldn't go in to the murky waters of that deal !, ok,just a little bit, the 2 Israeli exec. dirs were shareholders in the cashew venture that was bought,.... interesting that it cost X million (6-9m€ ?, ; for 70% ?, but it appears it had no processing machines because DKL had to then order those, so, what was bought for the investment ?!, essentially nothing perhaps since there was not even a building at the site !! Does DKL still own 70% or is it now 100% ? And if it is 70%, is the remaining 30% still owned by the 2 Israeli dirs of DKL ? (One easy way to check would be to look at the DKL accounts, there would need to be a disclosure as "minority interests" for the profit/loss for that 30%). ---- Did DKL pay ____€ millions for that but it didn't have any machines to process cashew nuts !!?? & DKL then had to order some from Italy...which cost a lot, took forever to arrive & then..... didn't work at all well ?! Obvious question then is what did DKL pay for originally, just an idea ?!!! |
Posted at 13/3/2024 11:18 by royalalbert MM's do themselves no favours, why put the buy price at 1.70p when it's actually 1.58p to buy. Trying to kill the market through not having enough shares?Riv ZM not really up to speed with how we operate, no use quoting the international price. The price we recieve will start moving up but so will our input costs of raw fruits. I'm more in favour of the healthy margins which are quoted by the company. Next three months tangible upside towards Cashews will be the driver of share price. |
Posted at 12/3/2024 07:30 by rivaldo Crikey, DKL must be cheap :o))It's taken a long time, but finally we see some director buying. Good to see the CEO buying 500,000 shares. The share price has evidently reached a point which can't be resisted. Hopefully we'll see other directors stepping up too. |
Posted at 11/3/2024 12:20 by rivaldo The share price has quite rightly ticked up after today's RNS.On a £6.9m m/cap DKL are extremely undervalued imo given the highly profitable core CPO business and the potential for cashews. Nevertheless, they have to walk the walk and show that both legs of the business are progressing, and that borrowings which should now have peaked are being reduced, to justify the much higher share price which remains possible. WH Ireland's update this morning forecasts €4.7m EBITDA for last year on €38.5m revenues, with a €0.7m adjusted PBT. International CPO prices have now spiked up to $1,020 - if local prices begin to reflect that then the current year forecast of €4.1m EBITDA may prove to be very conservative assuming a decent upcoming high season. |
Posted at 18/2/2024 13:12 by smithie6 ...some schrewd investors say that investing is more about backing the dirs & their skills rather than the business.....at DKL that would have been good advice to have followed at 4p, 5p, 6p. After I had invested basic on the low p/e I dug more & built up a mistrust in the dirs & luckily sold out. So many RNSs or company events & the CEO is not present ! And the main operation of the company is not by either of the 2 main execs but by a junoir exec. that they have brought in to do the day to day work. It's just untouchable imo, for me anyway since I don't trust the 2 founding exec dirs. (If you look at the process for the purchase of the cashew nut, or was it palm oil, business ..from themselves !! (Or where they were at least notable shareholders) It really stinks ! (One of the conditions was that if the business did well that the purchase price would then be re-stated & be higher !....giving more money to the 2 founding execs ! And the purchase contract was changed !. Noting that the 2 exec dirs were part of the sellers & of the buyers !! ----- And the business is imo about - efficiently/intellig - operating in a good timescale - minimizing the investment costs for operations - of course weather conditions - market prices for the end products. The company seems to have shown that it is not good at the tasks it needs to do (well, completely incompetent would be a good description for the cashew nut farce), while the things outside of their hands like the weather & the market prices, of course remain outside of their control. And the company has done a bad job of controlling/limiting the size of it's debt. Good luck to holders. It's not for me. I hope the dirs don't buy the co. for peanuts or ever break any debt covenants (really hitting the share price). (If the 2 founding directors were ever replaced or all the exec. dirs moved to work full time for DKL & at the location in Africa then I might take another look). But the debt is a worry, if the weather was bad for 2 years in a row or lots of stock was written off due to rot or a fungus or whatever, could the company survive financially or would banks not provide more money ? (And/or the founders just buy it out of administration for peanuts if that were ever to happen. I doubt there would be a rush of any other buyers). |
Posted at 15/2/2024 10:50 by rivaldo Cheers RoyalAlbert. With the core CPO business providing such good cash flows, let's hope the optimism around the Q2 cashew ramp up is at last justified. Also good to hear the emplhasis on deleveraging once cashews reach break-even.The upside from this £7m m/cap is potentially huge, but the share price fall is understandable given the lengthy delays in setting up the cashew machinery. A solid CPO high season re production and pricing plus investor relief at the ramp-up of cashew production would do wonders for the share price. |
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