Danakali Share Discussion Threads

[jayno] 25/1/2002 15:41

Anyone who wants to get free real-time USA quotes go here:

www.infospace.com/

...... sorry, keep editing this because I can't get the correct url line. I subscribed ages ago and can't remember how I got to real-time. If I try to copy my subscribed url address it won't let me.

If you're keen to may be able to figure it out from the home page in. It certainly goes through 'finance' and 'info' if that helps

Jayno

[oaklandsway] 25/1/2002 15:39

my short comment,
below

[nmurrells] 25/1/2002 15:39

moving up on the nas to 2.5

[oaklandsway] 25/1/2002 15:39

my short comment,
1. the Company announced today that it is not aware of the reason for the recent increases in the trading price of its stock and the volume of such trading.

THIS MEANS THE COMPANY IS NOT TOO WORRIED, I GUESS, AS NOTHING NEED TO BE WORRIED?


2. The Company also announced that its recent financial performance is in line with its expectations, and that it expects to announce its Fiscal Year 2002 third quarter results next week.

IN LINE WITH EXPECTATIONS IS TO SUPPORT LONG TERM GOAL THAT I CAN SEE THE POSITIVE SIDE HERE, ALTHOUGH WE MIGHT NOT EXPECT A SPECTACULAR RESULT AS HAS BEEN RUMOURED.

BY PUTTING FORWARD THE RESULT, I THINK THE COMPANY IS VERY OPTIMISTIC AS THE EXPECTED GOAL HAS BEEN ACHIEVE.

But, honestly "this is not for faint hearted" so hold or sell before today's close. Wait till tomorrow to decide buy.

[serious punter] 25/1/2002 15:35

Erdmanski

Are you on the right thread? :-)

Interesting to note that Beeson Gregory are the only one on the bid and paying a premium. I wonder if they are hoovering these up to fill a large buy order. Any thoughts?

[psps] 25/1/2002 15:32

Cionib,
great thinking, same post by two of us.
WOW

[cinoib] 25/1/2002 15:28

2.46 on1.16 mill now

[psps] 25/1/2002 15:25

on Nasdaq its $2.45 now , volume 1.1mln shares
price equates to .41p here

[erdmanski] 25/1/2002 15:24

It's just a matter of time before EGS bounces back on spec.

[holti] 25/1/2002 15:17

As I have said before I am new at all this. Is there any reason why they decided to make this announcement just before the Nasdaq opened. It appears to me that the mm's reacted to this by lowering the price panicking sellers sitting on a profit. Then when the markets opened in the US they saw the price plummeting in the UK and panicked sold also, following our lead.

Am I close?

[photon] 25/1/2002 15:15

note that companies are required to use the phrase 'no reason for the share price rise' if it is appropriate

danka have not used that: the words they have used suggest to me that they consider that the price recovery reflects their trading

however, that's just my guess - we'll see next week!

[johnnyamerica] 25/1/2002 15:13

Yes, it is great if it is in line with expections. $2.439 now on Nas with volume at a million.58

[serious punter] 25/1/2002 15:09

The Nas followed us this time, a bit of profit taking now coming back. In the final analysis nothing has changed. The RNS may have spooked some, but if I'm not mistaken they have to make an announcement when there is a significant movement in share price. Also RNS confirms the results will be as expected - great! :-)

[erdmanski] 25/1/2002 15:00

oakland - you're studying finance/economics?

[jayno] 25/1/2002 14:59

The drop seems to be just parallelling the Nas drop

I still think it'll bounce back before the results are out

Jayno

[oaklandsway] 25/1/2002 14:59

jag,
watch today's trading 'till close. I am studying so can't comment soon but in line with expectation means another growth.

[m2dig] 25/1/2002 14:56

In line with expectations that's EXACTLY what we want hear.

[oaklandsway] 25/1/2002 14:54

holti,
news came from the company: trading in line with expectation and earning result has been put forward. I can't expect for £1 soon but still predict $4 in US and start to re-join NASDAQ listing again. if this not happen this quarter then would be next one.

[cinoib] 25/1/2002 14:53

ouch, this I can do without, should have waited.

[jagluthra] 25/1/2002 14:49

oaklandsway:
the company has come out with a statement saying the are releasing results next week and are trading in line with their expectations, do you know what their eexpectaions are and could this be the reason for fall in price

[serious punter] 25/1/2002 14:48

356aman

- You going to try another short - I think you might get stuffed this time. See RNS noting share movement. If trading is in line with epectations then that's good news.

I'm topping up.

[webley] 25/1/2002 14:48

I have found the nas site but it just shows yesterdays close. Can anyone please tell me what I'm doing wrong?

[erdmanski] 25/1/2002 14:47

EGS' slashing another 5%, going down - way down. 16.25p bid.

[357aman] 25/1/2002 14:46

good luck!!