Danakali Share Discussion Threads

[psychicdoc] 07/5/2002 13:49

operational efficencies and cost savings outlined in vision 21 rollout, restructuring by mr lowry who has high hopes of changing this company around, no of job vacancies on dnk website perhaps testifies to things to come

[smoketrader] 07/5/2002 13:45

It's been marked up straight away

[psychicdoc] 07/5/2002 13:42

cinoib
see new rns released not long ago,happy trading, ireckon we are going to see significant gains today

[serious punter] 07/5/2002 13:41

This will kick the ball off today and a good run up to results

RNS Number:5588V
Danka Business Systems PLC
7 May 2002


Embargoed until 1330hrs 7th May 2002

DANKA BUSINESS SYSTEMS PLC

("DANKA")


Danka(R) Begins Rollout of Upgraded Business Systems

-Vision 21 project will enhance customer satisfaction, increase operating
efficiencies-



Danka today began the conversion of its legacy business systems as part of a
corporate initiative to improve customer service. Danka is installing the
Oracle(R) 11i E-Business Suite to standardize, upgrade, and integrate its
operations across the enterprise. Implementation of the Oracle suite is a key
component of Danka's comprehensive Vision 21 process and system reengineering
program.



"Vision 21 represents the company's effort to change how we do business,"
explained Gene Hatcher, Danka's chief information officer. "We systematically
have been improving and streamlining our business processes - everything from
how we interact with customers to how we manage the supply chain to how we
measure our business. The rollout of new Oracle systems is the culmination of
these efforts and will deliver significant benefits to our customers, business
partners, and employees."



The E-Business Suite went live this week in the company's Atlanta region;
conversions will occur in stages across the United States over the next several
months. The company plans to convert systems in Europe and elsewhere
internationally in a future phase. In addition, upgraded financial systems went
live on 1 April to coincide with the start of Danka's new fiscal year.



"After much planning and significant investments in new software, testing, and
training, we now can begin to reap the rewards of our efforts," said Lang
Lowrey, Danka's chairman and CEO. "Our Vision 21 initiative is an essential
part of our umbrella strategy to deliver a world-class customer experience.
These new systems will make it easier for clients to do business with us,
delivering improvements such as more accurate billing, enhanced responsiveness,
and faster implementation of advanced solutions. In addition, we expect to see
steady improvements in the productivity of our associates and realize
significant cost savings over the longer-term."



Since the acquisition of Eastman Kodak's office imaging division in 1997,
Danka's systems have run a mix of legacy hardware and software programs. By
implementing the Oracle E-Business Suite, Danka will be able to replace these
systems with an integrated applications infrastructure that will increase
efficiencies, reduce costs, and provide an advanced platform for the company's
future development.



Danka estimates that it has invested $20 million in its Vision 21 initiative to
date. Another approximately $5 million is expected to be spent in fiscal 2003
to complete the Oracle implementation in the United States and also undertake
installations in Canada and Brazil. In addition to tangible customer
satisfaction improvements, the company expects to achieve cost savings and
operational efficiencies starting in its fiscal 2003 third quarter.



"Our Vision 21 initiative is reflective of Danka's industry leadership
position," concluded Lowrey. "Our efforts will enable us to reengineer outdated
processes and implement a more efficient business model that is better attuned
to serving our customer's evolving needs."

[psychicdoc] 07/5/2002 10:46

just topped up,expecting good gains in next 7 days, results expected on the 15th and run up should commence soon, expecy this baby to break $6 before results certainly after,

[serious punter] 07/5/2002 09:51

Copied from across the pond

Relates to Institutional Investors increasing their holdings in the year of 2001.

Heres the latest findings. They are increasing their ownership. As they do the stocks float tightens

Their coming!!!!!!!!!!!! When they know what we know.

[paulm1] 07/5/2002 09:21

I think we need some news as well,the sooner the better as long as its good as I feel it will be.Also news on when the results are out would be helpfull.

[millionaire] 07/5/2002 08:55

I may well top up today once the morning fall out has stopped.
In this market no news is bad news for every company and therefore
a mark down in the share price is inevitable. Wait for the intra day
low and pick up a few more.

[paulm1] 07/5/2002 08:41

More people selling today,they will be sorry.

[easykill] 06/5/2002 21:34

taken once again from the aii board :

Office equipment sector doing very well.



from yahoo bb :

user : bullrallystocks

I have another portfolio with more
Office Equipment Winners Today

Need there be any more convencing Proof!!!
The Market is Tumbling but Office Equipment is UP.
Office Equipment is the place to be. DANKA is a Strong Hold in the Sector.

PBI +.41%
IGI was up at 3:50 but closed down
ULTR +50%
GRCO +5.6%
PTC +4.6%
ATMS +2%
DANKY +1.2% @ $4.36
GBND +1.1%

[easykill] 06/5/2002 21:25

Good to see that Danka is now getting the attention it derves (taken from aii - posted by "TechnologyInvestor")

[robinparrie] 06/5/2002 21:25

Bucking the trend on Wall Street today Office Equipment closes green:-

PBI +.41%
IGI was up at 3:50 but closed down
ULTR +50%
GRCO +5.6%
PTC +4.6%
ATMS +2%
DANKY +1.2% @ $4.36
GBND +1.1%

[smoketrader] 06/5/2002 17:13

Above $4.40 now. Could fly today.

[millionaire] 06/5/2002 16:09

DANKY currently up 6 cents in the US. Needs to hold a rise today
to push upwards towards £1.00 this week. Telco sentiment
won't help this week neither will FTSE banking stocks which are
starting to look decidedly toppy.

[chestnuts] 05/5/2002 00:03

robinparrie what a good post and i am glad you are with us for what i have read here and in the states Danka are gettint it right and as you say this stock could easily treble over night this is also my sentiment.

[robinparrie] 04/5/2002 10:24

From Yahoo!

I am back, I changed my mind. Thank you for the kind words. I will share with you my thoughts on why I think Danka will get to 10. BTW- I do not know BRS.

As stated numerous times, I have been in the industry for 17 years. As a matter of fact, I still am, but don't ask who I am with, for I will not share. I have already let it slip that I bought shares in Danka (I too get loose of tongue with a few beers) and caught a bit of flack for investing in the enemy. I am thankful that my track record gave me enough teflon that the issue has now slipped away.

From where I stand, Danka appears to be trying with sincere effort. They have made many hard decisions that were painful, but needed. I have experienced the highs with a company, and I suffered the lows that followed. I watched the lack of respect, that this was how others made a living, put food on table to feed their families. I watched people lose all of their investments because management said to put everything into that companies stock. They did not get it, it seems to me that Danka does.

There are so many things Danka cannot control, like the economy. This will be an issue with this stock, as with many stocks. As long as Danka continues to stay focused, they can turn this thing around, and appear to be doing it as I write this. Xerox is in trouble, that is not new news to anybody. Ikon, well, there is still a lot of smoke and mirrors in my opinion. They score many big contracts due to Xerox falling on their sword. Danka has lost many due to the lack of ability to respond quick enough due to equipment delivery (I have personally benefitted from this) This is one of my concerns, and according to a response to one of my questions (imagine that!) it is turning around. (I will try to believe this stranger)

I beleive they can go head to head with Ikon and win, just as soon as they are strong enough. Xerox is not dead yet, but the pain is increasing for the soldiers still there (Nextel's taken away recently, major exodus) They could fold up quite easliy, or if they get it, be a nightmare for the competition (who knows)

If the earnings are strong, this stock could jump by 3 IMHO within 2 days or less. People are hungry for a winner. People are also creatures of habit. Many of the people that follow this industry will continue to do so, because they like that comfort zone. Danks has a great product in Canon, I am not thrilled with Toshiba. Danka is a me too company (Like Ikon- unlike Xerox and Oce), but I need to do my DD on their software applications and direction. Although the economy has impacted technology purchases, it will not stay that way for ever. So if the economy can correct itself, and Danka is getting it together as they appear, it could make life for me very uncomfortable out in the field. It would be easier to tolerate, knowing that I am making money on their stock. If they were hiring in my part of the world, I would want to work for them, and they would want me to work for them too.

So there you have it. My Agenda is no agenda, I just want to make money and be happy, one way or another. So I guess many of my questions will be answered when earnings come out.

Happy trading

[ambabe] 03/5/2002 22:49

m2dig

1986 ? - Too young to care !!

[smoketrader] 03/5/2002 20:48

Looks like it's going to close 3-4% down, no-one's going to change the direction now. So much for my close up today.
Have a good weekend everybody

[ambabe] 03/5/2002 19:18

Cinoib
Guess your glass is always half empty!

Wouldn't want to be out of this for our next open - who knows whats going to happen on DANKY

m2dig

Maybe coincidence ..... Maybe not!!

[cinoib] 03/5/2002 17:48

73p now lppking good will settle for 70p to buy Anyone looking for an English interest, try Hrn demand outstripping supply for it's new product.

[serious punter] 03/5/2002 17:04

piston

Here's the link. You must read Buy/Sell as we do on L2

[pistonbroke1] 03/5/2002 16:41

I'm a bit confused on how the Thompson site works. For the past 2 days it has shown numerous large buy interest notes but the buy never happens. Is this because the buyer is only prepared to pay a lower price that the stock has not reached or are the mm's unable to fullfill the order as trade is so light?

Any thoughts