Danakali Share Discussion Threads

[psychicdoc] 24/5/2002 16:09

mms buying stock of the weak cheap should be really an ask of 59p, great time to buy if u can

[forfaiter] 24/5/2002 16:08

Where is Oaky and his funnymentals ?.....

[maxbubble] 24/5/2002 16:08

LOL.....

Go for it.....a pull back is possible...

However with a mkt cap/revenue ratio of just 0.13 compared to 0.33 for IKN and 0.48 for XRX......my money is on £1.20-£1.40 over the next 6 months.....


No rush on this one....

According to Thompsons I-watch 66% of the buying over the last month has been institutional in the US.Today there were 3 x 50k super buy orders filled after the stock was run down to 3.88.....

The stock is on a 0.13 sales ratio compared to Ikon on 0.33 and XRX on 0.48....this week analysts were saying XRX was undervalued on a sales ratio of 0.48 citing 0.80 as a fairer value.....

Danka is still very undervalued......

[mooch] 24/5/2002 16:07

Although having said that, it's a bit worrying that people are putting faith in software to reduce costs. Implementing Oracle is a massive job, and not necessarily cost-cutting.

[fast player] 24/5/2002 16:07

Lads game of fottie...

[357aman] 24/5/2002 16:06

ff
what do you want??

[mooch] 24/5/2002 16:05

Stuff the TA forfaiter. The confidence here is based on fundamentals.

[forfaiter] 24/5/2002 16:00

Mooch...the chart was in a strong uptrend then.....not the case now....

[ambabe] 24/5/2002 15:59

Good Afternoon All!!

Just got back - Think it's them sells millionaire delayed 55K seems to have kept it down!

[millionaire] 24/5/2002 15:54

Why do our MM's mark down spread when US goes down,
but when US goes back to par or up we stay down.
Boycott the MM's over here and buy on the internet
through US dealers.
1) they are cheaper.
2) they play fair.
3) no stamp duty.

[forfaiter] 24/5/2002 15:52

Oh dear....more desperate ramping ...haven't you lot learned your lesson yet.....

[mooch] 24/5/2002 15:52

DNK did the same pennant formation in early February and there were a few forfaiters strutting their stuff at that time. They went strangely quiet after the share price doubled in value a few weeks later.

Just ride this rubbish out, IMHO.

[easykill] 24/5/2002 15:46

and this

Can you add? Subtract the 1.8 million
by: ridin_da_danky
Long-Term Sentiment: Strong Buy 05/24/02 10:02 am
Msg: 27710 of 27728

charge in executive comp writeoff, the 7.8 million software writeoff, add the 4.6 million net profit for the quarter and you come up with 14 million in profit for the quarter which turns into .22 per share profit. Those kinds of charges won't be there in this quarter. The company took all the charges last year so this year will look kick ass. And now the economy is recovering. This quarter could show .25 or better per share profits. Then do you think it will go to 7? People boggle my mind

[psychicdoc] 24/5/2002 15:36

from the us yahoo board
Re: Can you add? You make a good point
by: stockman0071234
Long-Term Sentiment: Strong Buy 05/24/02 10:29 am
Msg: 27723 of 27726

and I think agree with you. If those writeoffs are not there in this quarter, earnings could be more than .25 cents per share and they said yesterday in the conference call that by the third quarter the new software would cut costs and improve profit even less. They will also have about 7 million less interest expense due to the 37 million they paid off in the fourth quarter and the 15 million they paid off on April 1 in this quarter. That saved 7 million could push earnings above .30 cents per share. I think managment knows what they are doing and I think the longs are going to do very well with this company. But I disagree that it is a strong buy. I think it is a very, very STRONG BUY. And I am not attempting to hype the stock. I am simply adding up the numbers.



Posted as a reply to: Msg 27710 by ridin_da_danky

[miata] 24/5/2002 15:30

Personally, i am not too concerned about the fall in revenues - at the present time - as its textbook management to cut-out lower margin sales to preserve working capital in their current indebted situation.

[millionaire] 24/5/2002 15:26

But why is there going to be a fall in revenues?
There will not be any margin for error.
The management have proved their credentials with
FOUR, yes I said FOUR quarters of growth.
Whether you use charting or not, four quarters in
technical analysis represents an up-turn.

[forfaiter] 24/5/2002 15:21

Unless the revenues fall further....not much margin for error is there ?

[miata] 24/5/2002 15:18

EK -0.4 (or 1.6 if you add back the $7.6 and $1.8 to turn the loss into a profit).
But is it of any use - we all know they have a pile of debt but it seems they are managing it successfully. (dazz take the award for mastership of understatement)

[dazz17] 24/5/2002 15:15

miata.

thank's for the info....a 4/5 ratio on interest cover is a safety factor so i'm lead to believe........so dnk's not one for widow's and orphan's then......

[easykill] 24/5/2002 15:12

miata

thanks for that.

Can you please give us the interst cover for the last quarter (Q4) as that would be more accuate going forward ? cheers

[easykill] 24/5/2002 15:10

forfaiter

yes you warned. Now what do you want ? a blue peter badge.

You are arrogant in the extreme. Constant gloating is sign of acute arrogance.