Dekel Agri-vision Share Discussion Threads

[alamaison] 14/12/2016 10:52

Transaction Complete
Share Name Dekeloil Public Limited ORD EUR0.0003367 (DI)
Order Type At Best Buy
Account Trading Account
Symbol LSE:DKL
ISIN CY0106502111
Settlement Date 16-12-2016
Trade Details
Quantity 18511
Trade Price 0.1075
Trade Date 14-12-2016
Consideration £ 1,989.93
Commission £ 10.00
Total £ 1,999.93

[rivaldo] 08/12/2016 07:24

The CPO price is up again as at Tuesday's close to $795. It's now not far off 2-year highs.

[rivaldo] 07/12/2016 15:43

Good to see you here CM - spread the word and let's see if we can get this share price moving :o))

[cheshire man] 07/12/2016 12:58

Took some yesterday at what I think was a very good price, Cantor lifting their target price to 29p is very encouraging :-)

[empirestate] 07/12/2016 12:50

riv, it's a decent size wager, it would be good if it's a director purchase.

[rivaldo] 07/12/2016 10:35

Nice 400,000 buy at 11.98p this morning. The CPO price continues to rise and was at $780 at Monday's close.

[empirestate] 07/12/2016 10:34

Our time is coming, 400k shares bought this morning, big seller out the other day, all looks to be primed for a big move north and about time too.

[empirestate] 05/12/2016 21:44

well, there is a decent sized dump from the seller (956k shares) presumably there's a few more to go, but atleast it's a start

[rivaldo] 02/12/2016 14:07

Cheers catsick. Your timing is much better than your nom de plume!!!

EDIT - maybe next week then....

[catsick] 02/12/2016 01:49

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...

[rivaldo] 01/12/2016 14:19

Three 50k buys today at steadily increasing prices - now the full 12p offer being paid. A bit of slow accumulation going on imo...

[tur43] 26/11/2016 10:20

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

[rivaldo] 25/11/2016 07:37

The CPO price has zoomed up to $785....

[rivaldo] 23/11/2016 09:07

Good to see the CPO price remaining at high levels at $755 as of Monday.

[empirestate] 18/11/2016 13:36

decent clear out of the excess stock today, primed for clearing soon i would think and then up to 16-18p i reckon.

[empirestate] 18/11/2016 09:54

looking keen this morning, added a few more earlier.

[rivaldo] 17/11/2016 11:35

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."

[rivaldo] 16/11/2016 09:09

Nice start....

[empirestate] 15/11/2016 15:54

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!

[bad speculator] 15/11/2016 13:55

Can buy well within the spread, just added 50k shares

[empirestate] 15/11/2016 12:35

looks like it Riv, that was a big move up.

[rivaldo] 15/11/2016 12:28

Looking good now - the 12p bid is particularly encouraging. Perhaps the seller is out or nearly out.

[hastings] 15/11/2016 11:06

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.

[empirestate] 15/11/2016 10:48

that radar needs to widen it's coverage to put DKL on the radar

[rivaldo] 15/11/2016 10:38

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."