Danakali Share Discussion Threads

[oaklandsway] 29/5/2002 21:04

Tried to get through $3.86 but profit takers came after that. Still has a chance to get back above $4. Tomorrow, hopefully UK MMs will take a lead. IMO, DYOR,etc.

[357aman] 29/5/2002 21:04

closed 3.80.

[maxbubble] 29/5/2002 20:41

ff - am I right in saying you seem to view the new digital equipment being more reliable as being negative for Danka - why do u think this?

[easykill] 29/5/2002 20:31

Danky trying hard now.

3.79 - 3.85
+37c

[oaklandsway] 29/5/2002 20:20

jag, will buy thus at 1p, kidding, but no interst on telco yet.

[oaklandsway] 29/5/2002 20:17

Who had the target of £1.20?
I predicted the volatility and hedge my position already.

Well, I did not talk about your target or my target but would like you to explain current price movement so people who enjoy your fibonacci will also enjoy your prediction for tomorrow based on TA (e.g. how chartist should explain price bouncing just take 2 days with no volume although it took five days previously to drop from current level).

People then might make a hypothesis that strong possibility "institutions" actively collected shares during the "artificial retracement". I said "artificial" because revenue decline can't explain the retracement to $2.98. It could be a natural retracement if price drop up to $3.80 or $4, IMO, DYOR, etc. because of profit takers.

[psychicdoc] 29/5/2002 20:13

oak;
any other tips, did you get into thus, do u think it is a safe bet at present price,appreciate your opinion
regards
jag

[psychicdoc] 29/5/2002 20:09

erik sorry it should be imiweb.co.uk

[forfaiter] 29/5/2002 20:04

OAKY...well my 43p target was a bit nearer the mark than your £1.20........heh I am not 'Mystic Meg' at least I got the right direction....LOL

[oaklandsway] 29/5/2002 19:57

ff should tell OBJECTIVELY that the nice bounce but with no real volume MEANS VERY STRONG SUPPORT AT $3.07 so ff gives up his hope to see DNK drop to 43p as he had predicted.

Simple answer ff?

ff should tell as well that if Danky get through $4-ish or above 5d ma then there will be more chance to break through $5..

hey, where ff should explain revenue decline if he believes Danky will be bullish above 5d ma? .... the answer is time will tell.

[sigora] 29/5/2002 19:56

oaks when you have the time can you run the ruleover exd results are out on 6th june heavy institutional buying led by AMVESCAP who have now purchased over 18%.

[solis] 29/5/2002 19:53

ff if you're interested in recovery plays even if they are risky to your wealth, have a look at AHT. I've just come out today with a 60% gain in 6 weeks.

The thing that got me interested was that their directors had bought £.25M worth of shares earlier this year..... after 9/11 and obvioulsy knowing the impact this would have on their business.

My personal opinion is that they still have some way to go, but I prefer DNK short term and less risky.

On the other hand if you short them, I might just be interested to go back in.

DYOR etc etc

[psychicdoc] 29/5/2002 19:50

erik:
sorry i was away
try www.imiweb.com
oak:
prediction for price for dnk before next results or just after please

[oaklandsway] 29/5/2002 19:49

The SELL pressure from Non-I Watch is increasing, persentage of institution down to 57%.

[forfaiter] 29/5/2002 19:48

Oaky...you sound bitter.....

It happened... the share went from 85p to the 50% fibonacci level at 53p whether you believe in charts or not...

Combination of shorters covering after a 40% gain and buyers looking for a bounce has pushed the share to where it is today....

A nice bounce but with no real volume......time will tell....

Still have my core holding so happy to see it rise....no trading position at the moment...no clear signals...

[oaklandsway] 29/5/2002 19:45

sigora, that can boost the share price if Danka can come with positive conclusion.

[sigora] 29/5/2002 19:35

hi oaks did you read the post on friday from sophiegirl on the yahoo boards concerning talks on the sale of danka europe apparently more talks will be held next month from my limited research sophiegirl is a very reliable poster.

[forfaiter] 29/5/2002 19:31

Sigora.....yes very bullish....

[sigora] 29/5/2002 19:29

thanks ff so if we were to break past $4.06 will that be a bullish indicator.

[oaklandsway] 29/5/2002 19:29

Chartists have not answered me yet, how do they explain about today's price movement as they still recommended to sell until yesterday and suddenly twisted their words this afternoon: I LOVE DNK BLAH BLAH BLAH... will recover and forget about revenue or Q4 worth LOL... Fantastic U turn like .... Roy Keane probably... No I am just kidding... but Roy Keane will really miss World Cup as he can just watch tele.... similar like shorters miss very low price & just watch many of us averaging down the price of DNK.

Sigora, just saw institutional trading went up to 60% and volume move up quickly. Not sure about the SELL MESSAGES but anyway if Danky can get through $3.84 at close then we should be OK if not then trading in US will need to further consolidate. IMO, DYOR, etc.

[forfaiter] 29/5/2002 19:26

Sigora...the 50 say moving average is sitting at $4.06...(70p) and has been a strong support line for DNK over the last 6 months until it broke through on the downside during the recent retracement....

Support lines can become points of resistence as investors take profits and shorters open new positions......

[smoketrader] 29/5/2002 19:24

50-day moving average now lies just above $4

[sigora] 29/5/2002 19:13

ff i you also fortune favours on the iii board? can you also explain the 50macd wich lies at the $3.80 level thanks mate