Dekel Agri-vision Share Discussion Threads

[empirestate] 31/3/2016 11:39

looks like we are on the Q1 production numbers run, at last

[empirestate] 31/3/2016 11:12

good to see a positive move after several down days. i can only imagine that may be the recent sales stemmed from April 2015 shares admitted ''In addition, application has been made to AIM for the Admission of 7,729,746 new ordinary shares issued to certain employees following the exercise of options and to certain advisers in settlement of fees for services provided. It is expected that Admission will become effective on 24 April 2015''

[empirestate] 30/3/2016 23:48

it may be wishful thinking but it wouldn't surprise me if some one like Felda Global Ventures started sniffing around as they are keen on expansion geographically. keep em peeled

[empirestate] 30/3/2016 10:52

nice bit of clearance again today. i would prefer to see the deck cleared before the impending news.

[mach100] 29/3/2016 19:01

Yes empire very frustrating indeed. It must be an original investor cashing in some gains. The approaching end of tax year doesn't really help. We might slip tomorrow as it is easy to buy DKL but hard to sell without my broker going to the market. Not selling of course as I wait for further gains.

[empirestate] 29/3/2016 16:33

glad to see the back of those sell side trades, they must be mad.

[empirestate] 29/3/2016 14:06

there she is that 1.2 million, i can only imagine it is a long term holder who doesn't have any patience, but so be it.

[empirestate] 29/3/2016 13:33

looks like there is some weight on the share price again

[here and there] 29/3/2016 08:11

cpo up again today 2762 r in malaysia. IC will respond in kind

[mach100] 28/3/2016 18:25

Thanks felipe! That answers my question. I hope after a slight retrace we can move up this week. It is about 5 to 6 trading days to the production update and hopefully the numbers and prices achieved will be a good indicator of the rude health the company is in.

[fillipe] 28/3/2016 14:50

Mach100
21 Mar'16 - 10:31 - 52 of 66 0 0

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

M1 - sorry for my late reply.... that 1.6p would have been showing on L2, which I always use. As I stated, it was the highest ask showing there, at the time.

I hope this answer your query ok.

f

[empirestate] 28/3/2016 11:11

28th March International Business Times
Palm oil output in Malaysia is projected to fall by 2 million tons in 2016 due to the effects of El Nino, leading industry analyst Dorab Mistry said Monday. A decline in output from the country — the world's second-largest producer of palm oil — could increase palm oil prices that are already hovering around a two-year high.

Dry weather conditions brought by the El Nino weather pattern would curb output in major producers Indonesia and Malaysia, Mistry reportedly said. He was speaking at the 13th International Oils & Oilseeds Conference in Beijing.

"From July we can expect some recovery in Malaysia. However, we have had severe dry weather in Sabah since the second half of January and that is likely to continue until the first half of April. Sabah palm oil production will suffer an extended impact around September 2016," Mistry, a Singapore-based director with Indian consumer goods company Godrej International, said.

For the months of January and February this year, Malaysia’s production of the oil is running more than 100,000 tons less than the corresponding period a year ago, Mistry said, adding that "I shall not be surprised if the deficit for first half 2016, as compared with first half 2015, will be in excess of 1 million tons."

Prices of the oil will jump to 3,000 ringgit ($730) a ton as supply trails demand, Mistry said, reiterating his earlier prediction. Palm oil, the world’s most widely used cooking oil, is also used in chocolate, soaps, baked food and even bio fuel.

“The anemic production run is likely to continue until June,” Mistry said early this month.

“Prices are seen in a range of 2,700-3,000 ringgit ($672.97-$730) until June as output drops and as Indonesia and Malaysia fail to meet their biodiesel usage targets,” Thomas Mielke, executive director at Oil World, an industry researcher, told Bloomberg.

[empirestate] 27/3/2016 14:45

the latest on Malaysia and CPO

Hot weather pushes up palm oil prices in Malaysia
March 25, 2016
Malaysia is facing unusually hot weather. Extreme droughts have led to closure of schools, and have left farmers on the dry.

But one industry is benefiting from the heat, a mainstay of Malaysia’s economy.

The current El Nino has brought a host of problems, including contributing to the haze from Indonesian fires that blanketed Malaysia for nearly two months late last year. Lately, temperatures have been well above normal, and rainfall low, drying up reservoirs and causing drought in some areas. That’s likely to reduce the country’s rice harvest.But there’s one industry that isn’t complaining, palm oil which is worth billions of dollars a year to Malaysia.
Since a peak in 2012, prices nearly halved on the back weakening global demand. Malaysia’s palm oil stockpile climbed to a record nearly 3 million ton. But El Nino is improving that picture.
“This El Nino has caused dryness in the palm oil estate, and as a result of the extended dryness of over more than three or four months, then the trees get stressed and as a result they produce less fruits, and as a result of less fruits we get less oil.” Alan Lim Seong Chun, analyst of MIDF research said.
That has halved the stockpile, and helped to sharply drive up the price of crude palm oil. And it’s that price, not the amount of oil produced, that has the biggest impact on palm oil companies’ profit margins, which are going to be much higher in the coming months.
The flip side to that is that consumers, including price-sensitive ones in the biggest markets for palm oil, China and India will have to pay more for their staple oil. And El Nino will see Malaysians also paying more for fruit, vegetables, rice, even fish.

keep em peeled folks

[mach100] 25/3/2016 16:30

Yes I hope the production is being honed all the time. It is a 60t and hour mill capable of doing 70000t of CPO a year. Even 40000 would leave us well short of capacity although I accept it will take time to fully ramp up production. It will be also interesting to find out how much their own estates are contributing. DKL has come a little off the boil now so may be an opportunity to add further.

[mach100] 25/3/2016 16:26

Yes I hope the production is being honed all the time. It is a 60t and hour mill capable of doing 70000t of CPO a year. Even 40000 would leave us well short of capacity although I accept it will take time to fully ramp up production. It will be also interesting to find out how much their own estates are contributing. DKL has come a little off the boil now so may be an opportunity to add further.

[empirestate] 24/3/2016 11:52

we are looking pretty decent h n t. the PKO should have a major impact on the bottom line. 11500 is a decent guestimate.

[here and there] 24/3/2016 10:51

720$ in ivory Coast, bought at factory gate, cash on demand, no transport costs. Look for production numbers 11500 plus for the three months. I expect it to be even higher because the the third hub only went on stream mid February 2015

[empirestate] 24/3/2016 10:24

Just realised that a significant factor for this years profit will also be the PKO (palm kernel oil) production considering the sales price is 3.5 times that of when they were selling just the Kernel. keep em peeled

[empirestate] 24/3/2016 10:05

crude palm oil price moving up nicely, my last number obtained was USD 705

[empirestate] 23/3/2016 08:09

Mach, correction above, CPO growth of between 15-20% for 2016

[empirestate] 22/3/2016 22:19

Mach100, the production numbers should reflect significant growth and sales of kernel oil and kernel cake considering this is the first full quarter since the crushing plant started up. As for the CPO the management have mentioned in an interview that they are looking at 2016 production around the early 40k+ mark, so i would expect may be a Q1 growth of between 5-10% over last year's strong Q1 for CPO.
It would be good to hear about their other land site. i still think to convince the market of real forward value we need to see the 2015 full year numbers which should enable the market to revalue the current mcap.
Cheers

[mach100] 22/3/2016 18:40

Agreed on both counts Empire. The production update is two weeks away. The talks to refinance are very advanced so it is amyone's guess which comes first. My money will be on the production figures so lets hope they are as good if not better than expected. If production is ramped up the only obstacle is the debt refinancing. We have had a strong rerate and there is more to come.

[empirestate] 22/3/2016 11:21

that was a decent size jump from 1.35/1.45 to 1.40/1.50, we could have a squeeze on if the buying continues.

[empirestate] 22/3/2016 09:19

good to see some more buyers this morning, sincerely hope the management do two separate announcements on different days for Q1 production and re-finance.

[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.