Danakali Share Discussion Threads

[forfaiter] 20/5/2002 15:37

Psychicdoc....What are you doing posting without Oaky,s permission?.....or did he help you compile that little mine of information...

If you carry on I will be forced to ask Chestynuts to put the filter on for me....LOL...

[dazz17] 20/5/2002 15:28

dow could be heading for 10080/90 sometime this week before rebounding of this current rally's lower trend line....but not so sure this time as i am at othertime's....????? imho
edit... naz will follow should be able to buy dnk cheaper later on

[psychicdoc] 20/5/2002 15:24

ff is pretty desperate posting on the yahoo board under a different name, similar content,

[lex1000] 20/5/2002 15:18

forfaiter,


Asked the same question before but got no reply,so here we go again:-

Are you shorting Danka? yes or No

[blockbuy] 20/5/2002 15:18

then we find out on thursday

[forfaiter] 20/5/2002 15:16

What happens if there isn't any good news at the conference ?

[lex1000] 20/5/2002 15:11

jimmy28,here's to trading sideways for a few days.Most shorters i'm sure will want to close before Thursdays Conference than risk burnt fingers.

[millionaire] 20/5/2002 14:51

as I stated earlier;
US down as we are down, we are down as US is down....
MMMM catch 22

[forfaiter] 20/5/2002 14:47

The last set of results were worth shouting about....

[jimmy28] 20/5/2002 14:42

Conference Call Timing

if you accept that L.L. was surprised by the negative reaction to the results and anted to put 'the record straight' , one would expect that this announcement would have been called earlier. last set of results he was on the airwaves that afternoon.

Methinks there is some particularly good and 'short burning' news, that needs the extra 2-3 days to be finalised.

jim

PS - I'll never quite figure that 20% plummet on Thursday at about 3.45pm. Orchestrated or what??? How do they do that - results had been out 2 hrs or so in the US.

"Ah well lets trade sideways for a bit then shaft them" - you can hear the phones buzzing

quality however will out!

[newstarter] 20/5/2002 14:41

easing back up - think I'm going to stop looking today - only take a few years off my life !

[blockbuy] 20/5/2002 14:40

it's a whole market drop, not just danky.

[newstarter] 20/5/2002 14:37

$3.65 on 93K, down 16 cents

[jayno] 20/5/2002 14:34

Down on significant volume trading on opening US

[chestnuts] 20/5/2002 14:29

I have been in business twenty years and i am no accountant but i do know you cut your overheads to make profit and the first one i cut was my mortgage to reduce my out goings to give me more money in my pocket for other things just the same way dnk are doing the way things are going they will cut their debt faster as the business comes in and their name gets around how efficint and dependent they are it might be another 3 months we have to wait for the next set of interims are out (except for the conferance on Thursday which will be good news and the price will rise because of this ) my biggest worry that some one comes along and buys them at rock bottom price ( £1.20 ) when these could go in the next 12 months upto £2.00 if they keep cutting debt. i am in for the long term so every body be patience let the shorters have their day too many people playing the charts and panicing people ( FF )

[blockbuy] 20/5/2002 14:23

BUY ORDERS
SHARES PRICE
300 3.7000
8 3.5000
5,000 3.3500
5,000 3.3500
SELL ORDERS
SHARES PRICE
1,000 3.9500
500 4.1900
800 4.3000
2,000 4.3500
5,000 4.3500
498 4.5000
400 4.7400
20 4.7800
100 5.0000
2,000 5.0000
1,000 5.1500
3,500 6.7500
3,100 6.7500
100 8.2500


--------------------------------------------------------------------------------

As of 9:23:10 ET

[blockbuy] 20/5/2002 14:19

yep I see 3.82 - 4.1 too. no loss then

[ambabe] 20/5/2002 14:18

3900 shares traded @ $3.82 pre market - look like sells

Yes thankyou Mick -very level headed!!

[chestnuts] 20/5/2002 14:15

mickharkins good post

[psychicdoc] 20/5/2002 14:12

mickharkins
thanks

[coscos] 20/5/2002 14:07

My readings are 3.82-4.10

[ambabe] 20/5/2002 14:03

Currently Bid $3.85 Ask $3.90 (edited) -sorry

[mickharkins1] 20/5/2002 13:54

psychicdoc

Further to your post, I looked at the f/s, however, nothing to add to what's already been said. Didn't see evidence of writing off provisions etc other than the large items disclosed by the company.

Forfaiter, some very valid comments. Let's not knock anyone posting info. that is not 100% positive, otherwise this board will end up that like POS yank board on Yahoo. You have to remove the rose tinted spectacles and appreciate there are still risks associated with this one. I, for one, don't want to read a BB that only contains positive statements / hype.

For what it's worth, I still believe this stock is a gamble, hence, it's not trading at 2 pounds. They still have a lot of debt with decreasing revenues. However, the new management, IMO, appear to know exactly what they're doing and last year was a major success. I believe the conference call will be positive about current trading conditions and will result in a rise in the stock price. I've no evidence of this, just a gut feeling based on the fact the new management seem to be doing the correct things.

Patience is the key with this one - until the current debt risk etc. diminishes this stock will not fly. Come back and look at the interims in 6 months and if they are consolidating revenues and generating profits it will be trading at a lot higher than it's current price. A company with the sort of problems this one has faced does not turn things round overnight.

[oaklandsway] 20/5/2002 13:45

I have not read a single negative reaction from press yet.

Few people or investors who gave negative reaction on the BBs but they basicly want to buy back the share for cheaper price which is only possible if the existing holders sell because of limited stock floating in the market. check out the data of institutions holding the share next month, it will increase again.

As i said before that the share is in transition to nasdaq listing and to institutions.