Danakali Share Discussion Threads

[serious punter] 03/5/2002 16:26

Cinoib

An explanation from across the pond. If it fluctuates likes this today, with such low volume, it could easily bounce on Nas on Monday

Because of the lack of trading activity, a big spread has developed (difference between the bid and ask). Therefore those who trade without limit orders are forced to sell at low prices or buy at high prices. The trade you saw at $4.43 was actually outside the current ASK price of 4.39 because the order was so large (5000 sh) that it could not be filled at the current ASK price.

[smoketrader] 03/5/2002 16:15

Cinoib, if they fall back for you that's not fair!
I wanted them to pull back to 50p and I had to pay 58.5 in the end

[hasin] 03/5/2002 15:32

let me know cinoib i want more

[cinoib] 03/5/2002 15:30

357,
looks like it's still dropping to me. Goody Goody Yum Yum lower pric, can buy more shares.
Sorry lads and lassy but the quicker i dropy the better for the buyer.

[serious punter] 03/5/2002 15:23

jimmy28

A country pub in the Chilterns :0)

Spread across the pond is huge $4.35 - $4.80 currently inching its way back to yesterday's close, hopefully moving north of that by the close.

[jimmy28] 03/5/2002 14:33

SP

where is the watering hole then? central london per chance or somewhere more pleasant?

[357aman] 03/5/2002 14:27

Cinoib,

Watch the price bouncing back today!

[cinoib] 03/5/2002 14:04

Needs to drop at least 10p today so I can get back in, as I just closed out, as I got sick of watching my good proffit slowly dwindle.
In the words of a famous man. "I'll be back".

[ambabe] 03/5/2002 10:55

Had a phonecall from a friend they say to buy LGD got no spare cash at moment Anyone think this is worth a punt?

[ambabe] 03/5/2002 10:53

ST & share price where are you ?

Missing you already!

[ambabe] 03/5/2002 10:51

Happy you are aren't you saturn5!!

Go for it m2dig the Danka train has got to pick up steam sometime hopefully it will be today.If not then definately next week, still hanging on here. There does seem to be alot of optimism everywhere on this stock not everybody can be wrong. XX

[saturn5] 03/5/2002 10:41

That may prove optimistic but we shall see.
MMs love to find a reason to drop the price especially if their share lockers are lookin a bit empty. The poor Xerox news could be just the right excuse (or reason)

[m2dig] 03/5/2002 10:37

Bearing in mind the impact of XRX I am calling.........

$4.95

[saturn5] 03/5/2002 09:37

Could fall to 70p. First sign of selling or UK drop this pm and the fat controllers will drop the price. They just love to take the money from you and take on more stock which they can then sell at a profit. You may see a wider spread to drop the bid.

[gnash] 03/5/2002 09:09

All sounds bloody good - and I'm relieved we're now down to one thread.

[psychicdoc] 03/5/2002 08:51

tradetrek.com chart has again turned bullish with the 5 day forecast breaking $5

[serious punter] 03/5/2002 08:35

Here's a post by 'bullrallysyocks' from Yahoo. Apparently considered an accurate poster over the past 2 years as opposed to ramper/de-ramper. I's all additive to the DANKY/DNK picture and the underlying optomism

DANKA...been there done that, ran from $50.00 per share to $0.28 from 1997 to 2001.

Xerox is where DANKA was 4 years ago, DANKA recovered as will XEROX it will take time. Watch XEROX in 2-4 years as the next DANKA, I believe it will decline into the $3-$5 range and sit for a while before all is said and done.

DANKA on the other hand has recently had its books analyzed under a Microscope by Creditors and Auditors.
DANKA wrote off $100+ Million in Obsolite ASSETS. CLEAN BOOKS and a Clean House.
New Aggresive Management has Turned the company into a CASH FLOW Profitable Company. We will see how profitable once Earnings Report, most likely before the bell between the 10th and 15th. Expect a Gapper the day of Earnings. Followed by a Flood of new buyers waiting for confirmation, and Institutions which can wait to read the numbers before investing. With a STRONG Turnaround senerio which we have here, I do NOT expect a Sell on Confirmation of Turnaround to Profit which Proves DANKA is Grossly Undervalued next to its PEER Group. As of last December XEROX had Price to Sales around .45cents DANKA is sitting at .17cents. Size for size DANKA is in FAR better Finantial condition than XEROX. After Earnings Confirms and Research sites Up-Date DANKA will need at Least a 200% gain to be Fair Market Valued next to a Shady XEROX.

[easykill] 03/5/2002 00:21

Serious Punter

lol - spot on. Feeble is the word. Marked up again.

[easykill] 03/5/2002 00:18

here is what Investtech has to say (TA site)

Positive candidate (1 May 2002)
Has risen 1077% since the bottom on 28 Dec 2000 at 6.50. Is within a rising trend. Continued positive development within the trend channel is indicated. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, strengthens the stock further in the short term. High risk

[easykill] 03/5/2002 00:14

forfaiter

dont you mean £1.2b ?

[ambabe] 03/5/2002 00:13

Morning All!!

Yes forfaiter All of the above!!

Have a good feeling about today, hanging on tight to that tree SP!

looking forward to 2.30 I traded last year and lost a small fortune.The table seems to have turned (everything is crossed)! gone from a bored housewife to a nervous wreck in 2.5 weeks however up 2.4k Hmm what shall I do with that? I know - shop!!!
-can't see that- seems to be addictive might have to keep investing!!!

You lot have changed my life !!
Cheers!!