||ORD EUR0.0003367 (DI)
||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Dekeloil Share Discussion Threads
Showing 1226 to 1250 of 1250 messages
|Cheers catsick. Your timing is much better than your nom de plume!!!
EDIT - maybe next week then....|
|Yup those are mine, I think these look ok , starting to see growth and profits ramp up and it isnt reflected in the price, the m+a activity in the sector bodes well and these are a bite sized bolt on for a major, Had a nice run up in aep recently off the back of the mpe bid so rolling some of the position into these seems to make a lot of sense...|
|Three 50k buys today at steadily increasing prices - now the full 12p offer being paid. A bit of slow accumulation going on imo...|
|Here's an interesting interview about what's next for the oil price - this analyst is basically predicting a $40 to $50 price for the foreseeable future
|The CPO price has zoomed up to $785....|
|Good to see the CPO price remaining at high levels at $755 as of Monday.|
|decent clear out of the excess stock today, primed for clearing soon i would think and then up to 16-18p i reckon.|
|looking keen this morning, added a few more earlier.|
|70k of buys at 12.4p today, and this sounds encouraging for CPO prices:
"Vinita Advani, Senior Research Analyst, Geofin Comtra: Crude palm oil (CPO):
Prolonged El Niño related dryness has hit palm plantations across Southeast Asia due to which global output of palm oil is expected to shrink for the first time in 18 years. Malaysia and Indonesia’s output may drop by 10 per cent and 5 per cent, respectively in 2016-17. Palm inventories have slumped to the lowest in more than five years as exports had surged ahead of festivals in top consumers India and China. Hence with lower production, lower stocks and ringgit coming down, palm oil market is likely to rally. “The MCX CPO prices currently trading at Rs 520 levels have a limited downside of Rs 480, whereas the up move up to Rs 580-590 levels will be seen very soon,” he said."|
|there's part of the seller's lot ie 254k.
BS your broker must have taken them from the market maker who has the seller's lot!|
|Can buy well within the spread, just added 50k shares|
|looks like it Riv, that was a big move up.|
|Looking good now - the 12p bid is particularly encouraging. Perhaps the seller is out or nearly out.|
|No problem rivaldo.I feel it's a good and developing story and interesting that some of the big players have recently moved in, or are eyeing the region.|
|that radar needs to widen it's coverage to put DKL on the radar|
|Excellent hastings, many thanks - great to see Cantor lift their target price to 29p.
It's useful to have the PBT and EPS figures easily available on the thread, so I hope you don't mind if I just paste the conclusion here:
"Although the shares are up a touch this morning to 11.8p, there should be a long way to go if things pan out as expected as the business looks increasingly de-risked and which sees broker Cantor lifting its target price to 29p.
The broker is anticipating full year 2016 pre-tax profits of €3.8m with EPS of 1.4c followed by €7.8m pre-tax profit next year which will return 2.8c and rising to €10.1m in 2018 with 3.6c EPS.
That sees the stock trading on a PER of 9 but which falls to a lowly and highly attractive 5 suggesting the stock is substantially undervalued at these levels.
Looking beyond into the 2018 numbers, the PER drops to below 4, which looks extremely cheap given that the main risk to hitting the numbers is a variation in the palm oil price.
Even allowing for that fluctuation, DekelOil's news provides for a nice slice of downside cover in this area and further highlights the potential of what remains an under the radar play."|
|Cantor has upped its target price Http://www.cambridge-news.co.uk/business/business-news/|
|nice run of buyers this morning, certainly still weight on the share price as the buying fails to have a positive impact on the share price|
|Beaufort Securities retain their Buy and have a 23p target here - it's great to hear talk about a dividend, as none have yet been incorporated into forecasts.
If DKL were to announce a maiden dividend that would really grab the market's attention:
"Our view: More positive steps from DekelOil as it moves toward high volume production. Positively, all these investments will be funded internally from excess funds following the recent debt refinance and internal cash resources of the Project. These capital investments, which have been in the Board's sights since the Mill first became operational, are expected to improve operating margins, de-risk operations and provide more flexibility with sales pricing going forward. The ability to make these investments, without impacting the prospect of returning capital to shareholders in the form of dividends, is reflective of DekelOil's strong balance sheet and the Board's commitment to proactively manage performance and risks on behalf of shareholders.
Importantly, and as previously noted, DekelOil is also a Brexit winner with the appreciation of the Euro against the Pound of well over 10% post Brexit translating into higher Sterling earnings. Having positioned itself so, Beaufort believes the Group will be able to support its long-term operational ambitions while also producing a sustainable surplus.
As these are realised, shareholders can expect to be rewarded by management implementing a formal dividend policy which, in itself, remains key to investor confidence in what is otherwise an obviously undervalued investment. Beaufort retains its Buy recommendation on the shares and repeats its price target of 23p for the shares."|
|Pay back in one year? No brainer!|
|Yes, more positive news, just waiting for a broker comment.|
|Excellent summary elsewhere which puts today's news in perspective - item 1 alone adds €5m to the m/cap against a current £28m m/cap:
"Good news this morning. The first 2 investments were discussed at the AGM. Item 1 should add a decent amount to the reported profit figure next year, whilst items 2 and 3 are more about risk reduction. Item 2 may add to profit, as more CPO sales can be deferred into a later month when CPO prices are rising. If payback on item 1 is one year, then EBITDA profits should be boosted by about €500k next year. At a conservative multiple of 10, this should add €5million to the market cap."|
|It would be nice to see the share price re-act positively in some meaningful manner for once.|
|Good RNS this morning, announcing investments from the "strong Balance Sheet" to improve efficiency, mostly in time for the upcoming new harvesting season: