Dekel Agri-vision Share Discussion Threads

[rivaldo] 16/1/2017 16:02

Bobby, ALWAYS ignore the numbers for shares and m/cap in those links to price targets. The links come from automated services designed to maximise views etc and are not meant to be accurate/professional. RNS's are the definitive source for these numbers.

However, the links are useful in that they provide updates on broker/analyst updates of recommendations and price targets. These are accurate and can be relied upon.

[bobbyshilling] 16/1/2017 14:38

Isn't there something wrong with the numbers in the Cantor article (post 325 above)?
It shows a very different number of shares and mkt cap to the number of shares in today's rns.

[empirestate] 16/1/2017 14:07

Riv, we are on the verge of a break out at this level.

[rivaldo] 16/1/2017 13:55

....and the CPO price was up another $5 to $835 - more new recent highs - at Thursday's close.

[rivaldo] 16/1/2017 11:16

Cantor's reiterate their Buy and 29p price target this morning:

[empirestate] 16/1/2017 08:56

There's another 177k shares off the seller's pile

[cheshire man] 16/1/2017 08:05

Buyers in on this news which reads well to me :-)

[rivaldo] 16/1/2017 07:36

Good to see (1) conversion at 13.25p per share, and (2) the very positive director's comments, which bode well, particularly regarding profitability, expansion and dividends:

"DekelOil Executive Director Lincoln Moore said, "Over the past 12 months DekelOil has overhauled its balance sheet by significantly reducing its overall debt outstanding and materially decreasing the interest rate on its remaining debt. This has all been achieved due to the ramp up in our operations and the resulting increase in the Company's profitability. We are well placed to consider expansion opportunities, continue the pay down of remaining debt as well as consider the distribution of regular dividends to our shareholders."

[bad gateway] 15/1/2017 14:00

It would be nice to see some weakness in the producers mud but don't see it myself. Have you seen the palm oil chart that rivaldo has been posting recently its on a right tear and with palm oil in pretty much every product in our supermarkets its easy to see why.
Reckon there'll be at least half a dozen new research reports next week showing just how beneficial palm oil is all sponsored by the cancer industry but then I am a cynical old git at times.

[mudbath] 15/1/2017 13:41

Agreed hastings,yet the key word in my post is "topical".
Any share price weakness though,imo,should prove short lived.

[hastings] 15/1/2017 12:11

Maybe maybe not, I think it's fair to say that a number of oils have been highlighted as having issues when heated above certain high temps.

[mudbath] 15/1/2017 11:33

The shares of Palm Oil producers might encounter some share price weakness next week in view of the topical scare stories relating to the safety of PO in multiple products such as Nutella an Cadbury products.
More information on my PAL thread.

[hastings] 15/1/2017 09:48

Speaking with Lincoln on Wednesday, so will of course be penning something on the back of that.

[empirestate] 13/1/2017 15:15

Riv, the seller is being taken out, there has been plenty of evidence of matched volume trades. I am beginning to see the light at the end of the tunnel and won't settle for less then 20p.

[rivaldo] 13/1/2017 15:10

Thx empirestate. Some speculation on another bb of news on Monday. Looking stronger here anyway - another tick up and consolidating at these slightly higher levels.

[empirestate] 13/1/2017 09:54

Riv, saw that USD55 bounce off USD 775. The P&L should look better than forecasts of Euro 3.8-4m imo. The full affect of the refinancing at better rates for the last six months should easily cover improved earnings based on the first six of Euro 1.8. So second six of Euro 1.8 should have been easily beaten considering they had the blip and much lower prices from the Nigerian currency issue which has now normalised and plus the average prices are a good 20-25% higher during the second six. The inventory position end of June would have been sold also at firmer prices and better margins as the purchase price of the FBB would have been at discounted rates.
I am looking for Euro 4.2-4.4 for the full year.

[rivaldo] 13/1/2017 09:14

The CPO price was up to new 18-month highs at $830 on Wednesday's close.....

[mach100] 12/1/2017 20:37

Yes, I think there is a lot of news to come. It is a pity a fairly persistent and deep-pocketed seller holds these back on any strength. Recently there has been a steady stream of buyers so the company is on investors' radars. We just need to hit and break through key resistances of 12p, 13p and 15p. No sign of that currently happening but we do have news due on Guitry and Ghana so it is possible we will have some underlying events that come to the fore and consequently draw in more buyers.

[empirestate] 12/1/2017 09:50

picked up a few more this morn in anticipation of better times for the share price and ahead of
the full year production numbers basis significantly better average pricing for the second six months in comparison.

[empirestate] 11/1/2017 14:42

I get the feeling we are nearing better times for the share price Yesterday saw much higher than usual volume evidencing a decent amount of stock clearing from the sell side.
I am convinced the reason for the share price not making progress has been due to the weight of the shares that have been issued to advisers/consultants over many quarters during the past 18 months or so, which i think has held the share price back from making decent progress.

Keep em peeled

[cheshire man] 10/1/2017 15:28

SP been running in a pretty tight range one would hope we will see it shoot to the upside sometime soon, some way to go for the 23-----29p TP 'tho but happy to be in down here and looking forwarad the TU,,,,,,,,,DYOR

[rivaldo] 10/1/2017 08:41

Inching up again, and a bit of an uptrend developing.

Beaufort Securities have a 23p target price and conclude as follows this morning - good to see DKL highlighted as a Brexit winner as well:

"Our view: This acquisition has been secured on terms that are value accretive for its existing shareholders. Equally as important, it gives DekelOil 100% ownership of its producing and profitable palm oil project at Ayenouan, while shareholders will also enjoy all the benefits of new management initiatives going forward. Back in November, the Board also detailed a series of investments to facilitate its move to high volume production, all of which will be funded internally from excess funds following the recent debt refinance and internal cash resources. These 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 also as previously noted, DekelOil is a Brexit winner with the appreciation of the Euro against the Pound of well over 10% post Brexit, which 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."

[empirestate] 09/1/2017 22:30

good to see DKL get a mention in the Telegraph online after market close. Do folks still buy the morning papers? as we may get a shout in there.

[hastings] 09/1/2017 15:06

Agree with the comments above and rivaldo's highlighting IQE as an example is, imo a good one.Looks like an update around the 18th and I'll be speaking with the company again.