Danakali Share Discussion Threads

[rebel] 28/1/2002 00:20

Not so far.

[serious punter] 27/1/2002 10:10

Morning All

It was interesting that the last trade on the NAS(after hours) was 2000 @ $2.45, a 27c premium. There's confidence for you :-).

Has anyone seen anything in the press this weekend?

[insidehere] 27/1/2002 09:38

Earning Summary
Revenue slightly lower
Ebitda higher and net profit positive
Will pay convertible and bank loans of $22M on schedule by June
More cash at bank and in hand
Net current assets increase
Shareholders' funds increase
US operation at their best shape
Europe operation will get advantage from Euro currency
On track for revival

Take off Monday as insiders start their champagnes

No debt must be paid due next fiscal year
Forecasting dividend next fiscal year
More third parties having interest on bond

Re-listed on NASDAQ

[pkvidean] 27/1/2002 09:22

Looked a bit ominous on Friday, so went back and did a bit more research on DNK. 500m+ sales - reckon this could generate 10m profit in next full year. That would give a P/E of 15 reflecting a capitalisation of about 150m (60.5p UK share). That looks like a conservative case scenario to me and the "£1 is the real test" thread title seems accurate. After a 613.8% rise since H2 2000 (7.25p) there is bound to be some profit-taking and retrenchment but DNK looks to have quite a bit of upside left to me. May Add more next week!

Good work on the Nasdaq tracking, chaps! IMRO.

[erdmanski] 26/1/2002 00:44

Wary of the recent rise, lots of investors are sitting on heavy profits -- which might be unloaded should the rise not sustain.

[serious punter] 26/1/2002 00:39

Erdmanski

Read oaklandsway's posts, some give reference sites as well. IMVHO its one of the best bets going, but that's my opinion. DYOR

nmurrells

Pre Market opens 13:00 UTC

Happy trading

[erdmanski] 26/1/2002 00:32

As I haven't been trading DNK, please provide further insight to why expectations on this one are wrought-up? Are there serious potential for £1, or must common hyping - stock promoting?

All balanced views are highly welcome.

[bigpat] 26/1/2002 00:27

i've lots of confidence that this is going up
i'm buying some more nas will keep rising anybodys
guess to were it will finish

[jayno] 26/1/2002 00:20

What UK time does Nas commence?

[serious punter] 26/1/2002 00:07

melfaraj

I assume you don't have level 2, otherwise you will have noticed how they've dropped their prices a smidgen.

To date they've been unsuccessful and still 500k more buys than sells AND STILL short of stock - Great!! :-)

Roll on when the NAS pre market opens and we'll see where and how fast we're going this afternoon

[oaklandsway] 25/1/2002 21:20

Closed at $2.18 with 3.5M traded.
The momentum is still there
Lots of interest and fresh monies flowing in
let's just watch Monday and Tuesday, hoping earning comes on Wednesday

I know you will ask: "has the expected earning factored in the price of around $2.15?", what is the downside and upside target (risk/profit ratio?).

I will try to answer it before earning date, but welcome your opinion. Thanks.

[webley] 25/1/2002 20:54

Serious Punter

Where do you find the US bb please.

[erdmanski] 25/1/2002 19:23

I recommended INVN.O @ $30 - it's now trading around $38. Check it out.

[serious punter] 25/1/2002 19:06

Looking on the US bb there are more bulls than bears and they can see that its been shorted. Lets wait for the bounce - preferably tonight :-)

[nmurrells] 25/1/2002 18:41

2.35 now, get the beers in, im feeling lucky

[oaklandsway] 25/1/2002 18:37

sp,
still looks strong (retraced less than 17%) with almost 3M shares traded.

The roller coaster has invited more and more traders, keep the volume above 2M a day until earning will certainly hold the price above 35p then we go from there on the E-day.

Once again, if you are faint hearted then leave, do not follow me since I hold in big quantity with big profit already.

[serious punter] 25/1/2002 18:18

nmurrells

To get UK equiv DANKY/DNK divide by 6 (varies from stock to stock)

Therefore $2.24 = 37.3p

[webley] 25/1/2002 18:17

Watch US quotes - they use the price of the last trade.

Currently 2.22 - 2.25 - UK mid price of 37.19p

[erdmanski] 25/1/2002 18:17

Around 37.5p.

[nmurrells] 25/1/2002 18:09

whats 2.24 in UK currency

[serious punter] 25/1/2002 18:05

Some hope - DANKY now $2.24 up from $2.12

[latifs100] 25/1/2002 17:54

I 'M STIIL HOLDING, LIKE A TRUE SURVIOUR, ..........

[brasseye114] 25/1/2002 17:36

Cha?
Carefull boys and girls. Never catch a falling star,it`ll smash your hands to pieces.