Dekel Agri-vision Share Discussion Threads

[proactivest] 21/3/2016 11:26

Video interview with Andrew Tillery



A refinancing by DekelOil Public Limited (LON:DKL) is expected to positively impact profitability as a loan for €8.69mln that was used to part fund its Ayenouan palm oil in Ivory Coast was replaced by a new €9.15mln, seven-year facility, earlier this week.
Andrew Tillery, non-executive chairman, says the company is “now perceived more as an operating company, which is hitting its targets” than a start-up, making it much less risky for financiers.

[mach100] 21/3/2016 10:31

filipe you on level 2 or ISDX? I haven't see 1.6p quoted anywhere

[fillipe] 21/3/2016 09:45

1.60p now showing as the highest ask.

f

[empirestate] 21/3/2016 09:41

looks like it H n T. i picked up a couple of lots more this morn at 1.35.

[here and there] 21/3/2016 08:59

1.3p resistance broken, next stop 1.5p

[ntv] 21/3/2016 02:26

AN INTERESTING COMPANY WITH A UNIQUE OP
INTEREST RATE COSTS FALLING RAPIDLY
PRICE IT GETS FOR ITS OWN PRODUCTS HAVE INCREASED LATELY
IT WORKS ON A MARGIN FOR THE REST WHICH LIMITS ANY DOWNSIDE
ITS FINANCE CHARGES AT OVER 1.9M AT THE HALF YEAR COULD BE CUT AS 40% LOWER 2016 FALLING FURTHER AS FURTHER AGREEMENTS COME INTO PLACE
CASHFLOW SHOULD BE RAPIDLY INCREASING SO THE FIRST HALF OF THE NEW YEAR SHOULD LOOK GOOD
YEAR TO DECEMBER SHOULD SHOW A DECENT PROFIT AS WELL DESPITE THE LOSS AT THE HALF YEAR
BUY

[empirestate] 18/3/2016 20:22

Our view: The refinancing of this loan on such improved terms provides third party validation of how far DekelOil has come operationally in a short space of time. Having produced 35,770 tonnes of CPO in 2015, the Company’s first full year of production, DekelOil has rapidly become a major CPO producer in Cote d'Ivoire. With the Project significantly de-risked, DekelOil is now focused on ensuring the excellent progress made on the ground is fully reflected in its corporate structure and financing arrangements, the majority of which were secured to fund the construction of the Mill. The refinancing ought to be seen in this context and we look forward to further updates regarding the securement of improved terms for the remaining debt, where discussions are at an advanced stage. 2016 is shaping up to be another excellent year of progress for DekelOil. In addition to significantly lower interest costs and also the cancellation of a €5.1m capital note in December 2015, DekelOil expect a further increase in CPO production and a ramp up in the production of Palm Kernel Oil and Palm Kernel Cake at its Kernel Crushing Plant. The Company is focused on maximising the highly cash generative potential of the vertically integrated project at Ayenouan, and, in the processs, build a strong platform from which to transform DekelOil into a leading West African focused palm oil company. DekelOil is in the middle of the key harvesting season at present and we await a quarterly production update in early April. We regard DekelOil as undervalued and strongly reiterate our Buy stance.

Beaufort Securities acts as corporate broker to DekelOil Public Limited

[empirestate] 18/3/2016 15:10

the chairman has just been interview on pro-active investors, all looking preeettyyy good if you ask moi.

[empirestate] 18/3/2016 13:18

Fillipe, how are you mate? DKL will be at 2p shortly. Hope you have a few.
Best regards

[here and there] 18/3/2016 10:42

It is on the cusp of breaking out into a new trading range

[empirestate] 18/3/2016 10:28

good to see a decent amount of stock clearing through. market makers didn't want to sell in size early this morning. Ended up doing 5 x 50k as had no choice.
sp still held back with the seller weight, but with a pick up in interest i can't see the share price being held back too long.

[empirestate] 17/3/2016 23:53

h n t, as Lincoln says, the penny will drop (not literally), we could well see the next re-finance news before the Q1 production figures imo and it's good that he was reasonably specific on 4th/5th April. Coiled spring certainly in the offing once that seller is off as the share price should revalue to accommodate the positive news flow.

[empirestate] 17/3/2016 17:52

nice to see some buyers this pm

[here and there] 17/3/2016 15:35

top interview about 21 minutes in

[here and there] 17/3/2016 10:47

wish they would f off

[empirestate] 17/3/2016 10:37

i think we will be in for a coiled spring here once this pressure is off. there goes the seller again out with another 1.47 million. it would be good to find out who it is.

[empirestate] 17/3/2016 09:49

nice 1.7 million buy today at 1.25p, there still appears to be some weight on the sp, so hopefully it will be cleared soon.

[empirestate] 16/3/2016 22:25

that's a nice 1.5 million buy at 1.25p, so we have a decent news pipeline due, what with hopefully another re-financing deal and the Q1 production stats

[empirestate] 16/3/2016 15:34

h & t, no, i check through my broker randomly

Dekeloil Public Ltd 83.3% Potential Upside Indicated by Cantor Fitzgerald
Posted by: Katherine Hargreaves 16th March 2016

Dekeloil Public Ltd with EPIC/TICKER LON:DKL has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Cantor Fitzgerald. Dekeloil Public Ltd are listed in the Consumer Goods sector within AIM. Cantor Fitzgerald have set a target price of 2.2 GBX on its stock. This would imply the analyst believes there is now a potential upside of 83.3% from today’s opening price of 1.2 GBX. Over the last 30 and 90 trading days the company share price has increased 0.095 points and increased 0.01 points respectively.

[here and there] 16/3/2016 11:55

do you have l2, what is on offer on the book?

[empirestate] 16/3/2016 11:06

there goes another 767k shares off the sell side book. hopefully they will all be mopped up soon.

[mach100] 16/3/2016 09:57

Great stuff and clears the decks for their corporate objectives. Just the remaining debt to be negotiated down and the ball and chain of debt and interest payments which have been weighing on DKL will have been more aligned to the progress the company has made. I firmly believe that by being immersed in this company I am not seeing the bigger picture. Fortunately the Board are and the land expansion, PKO facility, Guitry, RSPO cert,deals with smallholdersa and growing their own plantations will one day be very lucrative indeed.

[empirestate] 16/3/2016 09:47

it would be good to see the back of the sell side pressure and a bit more buy side interest and then may be there would be a revaluation on the share price Anyway the good thing is it gives me a longer chance to accumulate at this attractive price.

next news should be Q1 production in early April and then we have the 2015 finals to look forward to, which i personally think will be released during May. Pretty sure to see some director buying after the results imo.

whoever clicked on the ADVFN sell opinion yesterday must be bonkers.

[here and there] 16/3/2016 08:35

frees up cash for bigger dividends…great news

[empirestate] 16/3/2016 08:09

a decent 30% reduction in interest costs and extended terms improving cash flow.
a free lunch at this price imo